Civic Intelligence

Mastery Charter School - Smedley Elementary

990 • Fiscal year 2015 • EIN 27-2575502

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 28, 2016

Organization ProfileWWW.MASTERYCHARTER.ORG
5700 Wayne AvenuePhiladelphia, PA 19144

(215) 866-9000

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$4,804,918

Down $108,751 (-2.2%) from 2014

Net Assets

Down

-$9,028,997

Down $12,662,759 (-348%) from 2014

Liabilities

Up

$13,833,915

Up $12,554,008 (+981%) from 2014

Revenue And Expenses

Revenue

Down

$8,957,406

Down $669,491 (-7.0%) from 2014

Expenses

Up

$9,841,164

Up $467,590 (+5.0%) from 2014

Net Income

Down

-$883,758

Down $1,137,081 (-449%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2011: $4,019,736Liabilities 2011: $2,621,187Net Assets 2011: $1,398,5492011Assets 2012: $5,430,726Liabilities 2012: $2,416,012Net Assets 2012: $3,014,7142012Assets 2013: $4,876,597Liabilities 2013: $1,496,156Net Assets 2013: $3,380,4412013Assets 2014: $4,913,669Liabilities 2014: $1,279,907Net Assets 2014: $3,633,7622014Assets 2015: $4,804,918Liabilities 2015: $13,833,915Net Assets 2015: -$9,028,9972015Assets 2016: $4,527,922Liabilities 2016: $14,018,562Net Assets 2016: -$9,490,6402016Assets 2017: $6,007,827Liabilities 2017: $15,212,691Net Assets 2017: -$9,204,8642017Assets 2018: $5,829,525Liabilities 2018: $14,098,370Net Assets 2018: -$8,268,8452018Assets 2019: $5,887,241Liabilities 2019: $13,146,755Net Assets 2019: -$7,259,5142019Assets 2020: $6,271,624Liabilities 2020: $12,319,795Net Assets 2020: -$6,048,1712020Assets 2021: $7,798,358Liabilities 2021: $11,575,807Net Assets 2021: -$3,777,4492021Assets 2022: $9,574,548Liabilities 2022: $10,911,025Net Assets 2022: -$1,336,4772022

Highlighted filing

2015

Assets$4,804,918
Liabilities$13,833,915
Net Assets-$9,028,997
Open 2015 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,180,5182011Expenses 2012: $7,627,6312012Expenses 2013: $9,102,6862013Revenue 2014: $9,626,897Expenses 2014: $9,373,574Net Income 2014: $253,3232014Revenue 2015: $8,957,406Expenses 2015: $9,841,164Net Income 2015: -$883,7582015Revenue 2016: $9,513,760Expenses 2016: $9,975,401Net Income 2016: -$461,6412016Revenue 2017: $10,268,436Expenses 2017: $9,982,660Net Income 2017: $285,7762017Revenue 2018: $11,231,278Expenses 2018: $9,820,259Net Income 2018: $1,411,0192018Revenue 2019: $12,548,094Expenses 2019: $11,538,763Net Income 2019: $1,009,3312019Revenue 2020: $13,287,202Expenses 2020: $12,075,859Net Income 2020: $1,211,3432020Revenue 2021: $13,860,660Expenses 2021: $11,589,938Net Income 2021: $2,270,7222021Revenue 2022: $16,285,850Expenses 2022: $13,844,878Net Income 2022: $2,440,9722022

Highlighted filing

2015

Revenue$8,957,406
Expenses$9,841,164
Net Income-$883,758
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 28, 2016
Return Version
2014v6.0
Gross Receipts
$8,957,406
Mission and Program Overview

Mission

All students learn the academic and personal skills they need to be truly prepared for postsecondary success and able to pursue their dreams.

Operation of a charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,654,028$2,166,376▼ $487,652
Land, Buildings, and Equipment, Net$1,890,538$1,079,378▼ $811,160
Cash and Non-Interest-Bearing Accounts$774$681,361▲ $680,587
Pledges and Grants Receivable$20,121$173,975▲ $153,854
Accounts Receivable$222,649$42,959▼ $179,690
Prepaid Expenses and Deferred Charges$24,835$20,732▼ $4,103
Total Assets$4,913,669$4,804,918▼ $108,751
Other Assets Total$100,724$640,137▲ $539,413
Liabilities
Other Liabilities$0$12,336,885▲ $12,336,885
Accounts Payable and Accrued Expenses$1,175,052$1,374,404▲ $199,352
Mortgage Notes Payable Secured by Investment Property$104,855$114,046▲ $9,191
Deferred Revenue-$8,580-
Total Liabilities$1,279,907$13,833,915▲ $12,554,008
Net Assets / Fund Balance
Unrestricted Net Assets$3,633,762$-9,028,997▼ $12,662,759
Total Net Assets Fund Balance$3,633,762$-9,028,997▼ $12,662,759
Total Liabilities and Net Assets / Fund Balance$4,913,669$4,804,918▼ $108,751

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$717,700$2,138,698$2,856,398
Equipment$198,554$485,085$683,639
Other Land Buildings$163,124$277,000$440,124
Other Assets Org$627,739--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian MclaughlinPrincipalFT$134,261$33,697$167,958
Jim LeonardSenior Director of Finance--$146,217$146,217
Caitlin MurpheyPrincipalFT$102,913$27,985$130,898

Board Members and Trustees

NameTitle
Robert VictorChair
Donald KimelmanBoard Member
Gerry EmeryBoard Member
Graham FinneyBoard Member
Robin Lynn OlanrewajuBoard Member
Tony PaytonBoard Member
Victoria HarrisonBoard Member
Scott GordonCEO
Yonca AgatanCFO
Molly EigenChief Academic Officer
Courtney Collins-shapiroChief Innovation Officer
Joe FergusonCOO
Jeff PestrakExecutive Schools Officer
Ron BiscardiSecretary
Charles CorpeningTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Camelot Schools Of Pa LLCEducational Services7500 RIALTO BLVD BLDG 1 SUITE 260, Austin, TX 78735$228,735
Delta T GroupSubstitute Teachers, Teacher AidesPO BOX 884, Bryn Mawr, PA 19010$140,785
Revenue and Support

Revenue Composition

Contributions and Grants
$908,524
Program Service Revenue
$8,009,938
Investment Income
$8,636
Other Revenue
$30,308
All Other Contributions
$24,783
Change in Net Assets
$-883,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,957,406
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,957,406
Total Revenue per Form 990
$8,957,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,494,616
Other Expenses$3,346,548
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,253,093$263,375-$4,516,468
Depreciation Depletion$906,618--$906,618
Fees for Services Other$689,594$11,599-$701,193
Fees for Services Management-$676,999-$676,999
Other Employee Benefits$613,551$45,626-$659,177
Pension Plan Contributions$570,588$75,707-$646,295
Occupancy$376,569--$376,569
Payroll Taxes$339,386$25,689-$365,075
Current Officers, Directors, Trustees, and Key Employees$206,093$101,508-$307,601
Office Expenses$164,687$16,038-$180,725
Travel$96,241$2,586-$98,827
Information Technology$87,355$643-$87,998
Insurance-$34,970-$34,970
Conferences and Meetings$21,159$3,270-$24,429
Fees for Services Legal-$18,664-$18,664
Other Expenses$5,647$2,073-$7,720
Interest$4,722--$4,722
Advertising-$359-$359
Total Functional Expenses$8,562,058$1,279,106$0$9,841,164

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,841,164
Total Expenses per Audited Statements$9,841,164
Total Expenses per Form 990$9,841,164
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$10,212,000
Deferred Inflow - Gasb 68$2,124,885
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The ceo and board of directors review the 990 before it is submitted to the irs”

Form 990, Part VI, Section B, Line 12C

“Employees may not receive any material gain from individuals or activities outside of mastery charter schools for materials produced or services rendered while performing their jobs. Board members are also covered by a conflict of interest policy. Board members also provide statements of financial interest on an annual basis, which would disclose any conflicts.”

Form 990, Part VI, Section B, Line 15

“Officer compensation is reviewed and approved annually by the board of directors. A compensation committee uses survey data and information from comparable organizations' form 990 to analyze and compare ceo compensation and make recommendations to the board for its approval.”

Form 990, Part VI, Section C, Line 19

“Mastery charter school smedley elementary's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Mastery Charter School - Smedley Elementary
EIN
27-2575502
Phone
2158669000
Address
5700 WAYNE AVENUE, PHILADELPHIA, PA 19144

Signing Officer

Name
Scott Gordon
Title
CEO
Phone
2158669000
Signed
2016-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Gordon
Formed
2010
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
95
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE STE 400, PLYMOUTH MEETING, PA 19462
Preparer
Bruce Braunewellcpa
Phone
2156433900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The finance committee of the board of directors assumes responsibility for oversight of the annual audit.”

Form 990, Page 1, Part I, Line 22

“During the fiscal year ended june 30, 2015, the school implemented gasb issued statement no. 68, accounting and financial reporting for pensions. The purpose of the gasb statement is to ensure that all future actuarially calculated pension obligations are appropriately reflected on the entity-wide financial statements including the school's proportional share of the actuarial valuation of the net pension obligation of the public school employees' retirement system (psers). As a result, the school was required to record a previously unreported net pension liability which resulted in a significant decrease in net assets as of july 1, 2014. The implementation of the new gasb is not a reflection of the school's ability to operate effectively and meet current obligations.”

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue service code. No provision for income taxes has been established, as the school has no unrelated business activity.”

Raw XML AppendixShowing 400 of 825 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01175052
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01374404
IRS990/AccountsReceivableGrp/BOYAmt0222649
IRS990/AccountsReceivableGrp/EOYAmt042959
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATION OF A CHARTER SCHOOL
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0359
IRS990/AdvertisingGrp/TotalAmt0359
IRS990/AllOtherContributionsAmt024783
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS GREENWOOD (DEPUTY CHIEF OF FINANCE)
IRS990/BooksInCareOfDetail/PhoneNum02158669000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05700 WAYNE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019144
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0774
IRS990/CashNonInterestBearingGrp/EOYAmt0681361
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0101508
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0206093
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0307601
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03270
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt021159
IRS990/ConferencesMeetingsGrp/TotalAmt024429
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0228735
IRS990/ContractorCompensationGrp/CompensationAmt1140785
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07500 RIALTO BLVD BLDG 1 SUITE 260
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 884
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0AUSTIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BRYN MAWR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd078735
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd119010
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE CAMELOT SCHOOLS OF PA LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DELTA T GROUP
IRS990/ContractorCompensationGrp/ServicesDesc0EDUCATIONAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1SUBSTITUTE TEACHERS, TEACHER AIDES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0908524
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08636
IRS990/CYOtherExpensesAmt03346548
IRS990/CYOtherRevenueAmt030308
IRS990/CYProgramServiceRevenueAmt08009938
IRS990/CYRevenuesLessExpensesAmt0-883758
IRS990/CYSalariesCompEmpBnftPaidAmt06494616
IRS990/CYTotalExpensesAmt09841164
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08957406
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt08580
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0906618
IRS990/DepreciationDepletionGrp/TotalAmt0906618
IRS990/Desc0MASTERY SCHOOLS INTEGRATES EDUCATIONAL BEST PRACTICES AND EFFECTIVE MANAGEMENT TO DRIVE STUDENT ACHIEVEMENT. OUR ACADEMIC STAFF IS OUTSTANDING AND RELENTLESSLY COMMITTED TO STUDENT ACHIEVEMENT AND CONTINUALLY IMPROVE THEIR CRAFT THROUGH HIGHLY-EFFECTIVE PROFESSIONAL DEVELOPMENT, COACHING, AND COLLABORATIVE SUPPORT. INSTRUCTION IS GROUNDED BY A COMMON PEDAGOGICAL VISION AND GUIDED BY RIGOROUS STANDARDS-BASED CURRICULA. WE ALIGN ASSESSMENTS TO CLEAR AND MEANINGFUL OBJECTIVES AND USE ASSESSMENT DATA TO TARGET AREAS OF NEED. IN JANUARY 2014, MASTERY INITIATED A COMPREHENSIVE REDESIGN OF OUR PROGRAM MODEL, CALLED MASTERY 3.0. THE REDESIGN EVOLVES OUR CURRICULAR, INSTRUCTIONAL, AND SCHOOL CULTURE PRACTICES IN ORDER TO ACCELERATE THE DEVELOPMENT OF OUR STUDENTS' CRITICAL THINKING AND INDEPENDENCE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt095
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08562058
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt018664
IRS990/FeesForServicesLegalGrp/TotalAmt018664
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0676999
IRS990/FeesForServicesManagementGrp/TotalAmt0676999
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011599
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0689594
IRS990/FeesForServicesOtherGrp/TotalAmt0701193
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt941.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1041.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1141.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1241.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1341.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1441.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1541.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt143.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt153.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt950529
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1047568
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1148265
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1239766
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1340058
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1443967
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1524224
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1627197
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1727985
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT VICTOR
IRS990/Form990PartVIISectionAGrp/PersonNm1RON BISCARDI
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES CORPENING
IRS990/Form990PartVIISectionAGrp/PersonNm3GRAHAM FINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DONALD KIMELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5TONY PAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm6GERRY EMERY
IRS990/Form990PartVIISectionAGrp/PersonNm7VICTORIA HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBIN LYNN OLANREWAJU
IRS990/Form990PartVIISectionAGrp/PersonNm9SCOTT GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm10JOE FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFF PESTRAK
IRS990/Form990PartVIISectionAGrp/PersonNm12YONCA AGATAN
IRS990/Form990PartVIISectionAGrp/PersonNm13MOLLY EIGEN
IRS990/Form990PartVIISectionAGrp/PersonNm14COURTNEY COLLINS-SHAPIRO
IRS990/Form990PartVIISectionAGrp/PersonNm15JIM LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm16BRIAN MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm17CAITLIN MURPHEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16140761
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17102913
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9199138
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10173731
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11175670
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12185314
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13165546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14152542
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15121993
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE SCHOOLS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF INNOVATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0854053
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08957406
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0643
IRS990/InformationTechnologyGrp/ProgramServicesAmt087355
IRS990/InformationTechnologyGrp/TotalAmt087998
IRS990/InsuranceGrp/ManagementAndGeneralAmt034970
IRS990/InsuranceGrp/TotalAmt034970
IRS990/InterestGrp/ProgramServicesAmt04722
IRS990/InterestGrp/TotalAmt04722
IRS990/InvestmentIncomeGrp/ExclusionAmt08636
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08636
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02900783
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01890538
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01079378
IRS990/LandBldgEquipCostOrOtherBssAmt03980161
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ALL STUDENTS LEARN THE ACADEMIC AND PERSONAL SKILLS THEY NEED TO SUCCEED IN HIGHER EDUCATION, TO COMPETE IN THE GLOBAL ECONOMY, AND TO PURSUE THEIR DREAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0104855
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0114046
IRS990/NetAssetsOrFundBalancesBOYAmt03633762
IRS990/NetAssetsOrFundBalancesEOYAmt0-9028997
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0376569
IRS990/OccupancyGrp/TotalAmt0376569
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016038
IRS990/OfficeExpensesGrp/ProgramServicesAmt0164687
IRS990/OfficeExpensesGrp/TotalAmt0180725
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100724
IRS990/OtherAssetsTotalGrp/EOYAmt0640137
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045626
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0613551
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0659177
IRS990/OtherExpensesGrp/Desc0BOOKS
IRS990/OtherExpensesGrp/Desc1PRINCIPAL'S DISCRETION
IRS990/OtherExpensesGrp/Desc2APPROVED PRIVATE SCHOOL
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02073
IRS990/OtherExpensesGrp/ProgramServicesAmt0148067
IRS990/OtherExpensesGrp/ProgramServicesAmt148867
IRS990/OtherExpensesGrp/ProgramServicesAmt229821
IRS990/OtherExpensesGrp/ProgramServicesAmt35647
IRS990/OtherExpensesGrp/TotalAmt0148067
IRS990/OtherExpensesGrp/TotalAmt148867
IRS990/OtherExpensesGrp/TotalAmt229821
IRS990/OtherExpensesGrp/TotalAmt37720
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt012336885
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1STUDENT ACTIVITY
IRS990/OtherRevenueMiscGrp/ExclusionAmt025578
IRS990/OtherRevenueMiscGrp/ExclusionAmt14730
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025578
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14730
IRS990/OtherRevenueTotalAmt030308
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0263375
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04253093
IRS990/OtherSalariesAndWagesGrp/TotalAmt04516468
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025689
IRS990/PayrollTaxesGrp/ProgramServicesAmt0339386
IRS990/PayrollTaxesGrp/TotalAmt0365075
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt075707
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0570588
IRS990/PensionPlanContributionsGrp/TotalAmt0646295
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020121
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0173975
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024835
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020732
IRS990/PrincipalOfficerNm0SCOTT GORDON
IRS990/PriorPeriodAdjustmentsAmt0-11779001
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0DISTRICT SUBSIDIES
IRS990/ProgramServiceRevenueGrp/Desc1ERATE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07964690
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145248
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07964690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145248
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01340309
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03839
IRS990/PYOtherExpensesAmt03263130
IRS990/PYOtherRevenueAmt013880
IRS990/PYProgramServiceRevenueAmt08268869
IRS990/PYRevenuesLessExpensesAmt0253323
IRS990/PYSalariesCompEmpBnftPaidAmt06110444
IRS990/PYTotalExpensesAmt09373574
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09626897
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-883758
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt029688
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08009938
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02654028
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02166376
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,804,918
Liabilities
$13,833,915
Net assets
-$9,028,997
Revenue
$8,957,406
Expenses
$9,841,164
Net income
-$883,758
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.57$10.9$1.34$16.3$13.8$2.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.80$11.6$3.78$13.9$11.6$2.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$12.3$6.05$13.3$12.1$1.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.89$13.1$7.26$12.5$11.5$1.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.83$14.1$8.27$11.2$9.82$1.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.01$15.2$9.20$10.3$9.98$0.29
2016Detailed filing. Detailed filing data is available for this year.$4.53$14.0$9.49$9.51$9.98$0.46
2015Detailed filing. Detailed filing data is available for this year.$4.80$13.8$9.03$8.96$9.84$0.88
2014Detailed filing. Detailed filing data is available for this year.$4.91$1.28$3.63$9.63$9.37$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$1.50$3.38$9.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$2.42$3.01$7.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$2.62$1.40$6.18