Civic Intelligence

Universal Daroff Charter School

990 • Fiscal year 2016 • EIN 27-2662850

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 23, 2017

801 South 15th StreetPhiladelphia, PA 19146

(215) 471-2905

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$3,568,079

Down $139,546 (-3.8%) from 2015

Net Assets

Up

-$9,277,994

Up $112,561 (+1.2%) from 2015

Liabilities

Down

$12,846,073

Down $252,107 (-1.9%) from 2015

Revenue And Expenses

Revenue

Up

$9,679,485

Up $905,686 (+10%) from 2015

Expenses

Down

$9,566,924

Down $309,515 (-3.1%) from 2015

Net Income

Up

$112,561

Up $1,215,201 (+110%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2012: $1,033,904Liabilities 2012: $1,294,130Net Assets 2012: -$260,2262012Assets 2013: $1,573,691Liabilities 2013: $1,033,713Net Assets 2013: $539,9782013Assets 2014: $2,645,583Liabilities 2014: $1,221,457Net Assets 2014: $1,424,1262014Assets 2015: $3,707,625Liabilities 2015: $13,098,180Net Assets 2015: -$9,390,5552015Assets 2016: $3,568,079Liabilities 2016: $12,846,073Net Assets 2016: -$9,277,9942016Assets 2017: $2,900,003Liabilities 2017: $12,819,364Net Assets 2017: -$9,919,3612017Assets 2018: $2,226,696Liabilities 2018: $10,965,509Net Assets 2018: -$8,738,8132018Assets 2019: $3,314,077Liabilities 2019: $9,232,983Net Assets 2019: -$5,918,9062019Assets 2020: $5,124,437Liabilities 2020: $7,518,694Net Assets 2020: -$2,394,2572020Assets 2021: $7,538,809Liabilities 2021: $6,789,762Net Assets 2021: $749,0472021Assets 2022: $7,628,379Liabilities 2022: $4,794,583Net Assets 2022: $2,833,7962022

Highlighted filing

2016

Assets$3,568,079
Liabilities$12,846,073
Net Assets-$9,277,994

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $7,761,6372012Expenses 2013: $7,356,3392013Revenue 2014: $8,904,821Expenses 2014: $8,020,673Net Income 2014: $884,1482014Revenue 2015: $8,773,799Expenses 2015: $9,876,439Net Income 2015: -$1,102,6402015Revenue 2016: $9,679,485Expenses 2016: $9,566,924Net Income 2016: $112,5612016Revenue 2017: $8,653,241Expenses 2017: $9,294,608Net Income 2017: -$641,3672017Revenue 2018: $9,651,493Expenses 2018: $8,134,945Net Income 2018: $1,516,5482018Revenue 2019: $11,087,510Expenses 2019: $8,267,603Net Income 2019: $2,819,9072019Revenue 2020: $11,922,300Expenses 2020: $8,397,651Net Income 2020: $3,524,6492020Revenue 2021: $11,684,991Expenses 2021: $8,541,687Net Income 2021: $3,143,3042021Revenue 2022: $13,325,759Expenses 2022: $11,468,464Net Income 2022: $1,857,2952022

Highlighted filing

2016

Revenue$9,679,485
Expenses$9,566,924
Net Income$112,561
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 23, 2017
Return Version
2015v3.0
Gross Receipts
$9,679,485
Mission and Program Overview

Mission

To provide a school-to-career academic program that emphasizes self-sufficiency, civic responsibility and problem solving through mathematics, language arts and the sciences.

To operate a charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,412,213$1,422,352▲ $10,139
Accounts Receivable$455,402$321,825▼ $133,577
Prepaid Expenses and Deferred Charges$150,402$83,080▼ $67,322
Land, Buildings, and Equipment, Net$115,123$82,706▼ $32,417
Total Assets$3,707,625$3,568,079▼ $139,546
Other Assets Total$1,574,485$1,658,116▲ $83,631
Liabilities
Other Liabilities$11,785,701$11,746,650▼ $39,051
Accounts Payable and Accrued Expenses$1,312,479$1,099,423▼ $213,056
Total Liabilities$13,098,180$12,846,073▼ $252,107
Net Assets / Fund Balance
Unrestricted Net Assets$-9,390,555$-9,277,994▲ $112,561
Total Net Assets Fund Balance$-9,390,555$-9,277,994▲ $112,561
Total Liabilities and Net Assets / Fund Balance$3,707,625$3,568,079▼ $139,546

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,991$225,965$230,956
Other Land Buildings$59,056$47,804$106,860
Leasehold Improvements$18,659$25,834$44,493
Other Assets Org$924,164--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sultan Ahmadchairman
Glenn EllisMember
david fattahmember
joel seaymember
martha wigginsmembeR
cheryl seaySecretary
mark allentreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
universal education companiesmanagement services800 south 15th street, philadelphia, PA 19146$918,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,451,101
Program Service Revenue
$8,228,254
Investment Income
$130
Other Revenue
$0
Change in Net Assets
$112,561

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,679,485
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,302
Total Revenue per Audited Statements
$9,713,787
Total Revenue per Form 990
$9,679,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,191,607
Other Expenses$3,375,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,419,191$603,387-$4,022,578
Other Employee Benefits$1,603,017$282,885-$1,885,902
Fees for Services Management-$918,000-$918,000
Fees for Services Other$411,281$397-$411,678
All Other Expenses$213,138$87,222-$300,360
Payroll Taxes$240,658$42,469-$283,127
Insurance$207,289--$207,289
Other Expenses$189,624$155,951-$155,951
Occupancy$117,023$13,003-$130,026
Fees for Services Legal-$109,995-$109,995
Travel$60,555--$60,555
Depreciation Depletion-$54,368-$54,368
Fees for Services Accounting-$18,000-$18,000
Total Functional Expenses$7,281,247$2,285,677$0$9,566,924

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,601,226
Expenses per Audited Statements$9,566,924
Total Expenses per Form 990$9,566,924
Expenses Not Reported on Form 990$34,302
Expenses Not Reported on Financial Statements$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$10,265,000
Deferred Inflows of Resources$1,115,000
Due to Affiliate$192,304
payroll liabilities$112,641
Due to School District of Philadelphia$61,705
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 2

Cheryl Seay, Secretary and Joel Seay Member are husband and wife.

Form 990, Part VI, Section A, line 3

The organization designated management duties to another organization this organization oversees the day to day operations

Form 990, Part VI, Section B, line 11

A copy of the form 990 is distributed at a board meeting, reviewed, and approved.

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

Officers and directors are to annually disclose to the board of directors any conflicts of interest. The organization's president monitors proposed or ongoing transactions for conflicts of interest and discloses them to the board of directors.

Form 990, Part VI, Section B, line 15

The board of directors reviews and approves compensation.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Universal Daroff Charter School
EIN
27-2662850
Phone
2154712905
Address
801 South 15th Street, PHILADELPHIA, PA 19146

Signing Officer

Name
Sultan Ahmad
Title
chairman
Phone
2154712905
Signed
2017-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
sultan ahmad
Formed
2010
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
115
Volunteers
0

Preparer

Firm
Haefele Flanagan & Co pc
Address
1000 S Lenola Road, Maple Shade, NJ 08052
Preparer
James A Rogers Jr CPA
Phone
8567225300
Supplemental Narrative

Additional Explanations

form 990, part XII, line 2C:

the process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

The School has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Part XI, Line 2D - Other Adjustments:

food commodities

Part XII, Line 2D - Other Adjustments:

food commodities

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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0230956
IRS990ScheduleD/ExpensesNotReportedAmt034302
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09566924
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018659
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025834
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044493
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0733952
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1924164
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0due from related party
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTSLOWS OF RESOURCES
IRS990ScheduleD/OtherExpensesIncludedAmt034302
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt059056
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047804
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0106860
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0112641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1192304
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210265000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31115000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt461705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0payroll liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO SCHOOL DISTRICT OF PHILADELPHIA
IRS990ScheduleD/OtherRevenueAmt034302
IRS990ScheduleD/RevenueNotReportedAmt034302
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09679485
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1food commodities
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2food commodities
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt082706
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01658116
IRS990ScheduleD/TotalExpensesPerForm990Amt09566924
IRS990ScheduleD/TotalLiabilityAmt011746650
IRS990ScheduleD/TotalRevenuePerForm990Amt09679485
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09713787
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09601226
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The organizations governing policies contain a racially non-discriminatory statement
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Cheryl Seay, Secretary and Joel Seay Member are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization designated management duties to another organization this organization oversees the day to day operations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS DISTRIBUTED AT A BOARD MEETING, REVIEWED, AND APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS ARE TO ANNUALLY DISCLOSE TO THE BOARD OF DIRECTORS ANY CONFLICTS OF INTEREST. THE ORGANIZATION'S PRESIDENT MONITORS PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSES THEM TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6the process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6form 990, part xii, line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0universal community homes
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1universal education companies
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2universal bluford charter school
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232775947
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1752981295
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2272662701
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Management services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Management services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2shared expenses
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1)(a)(vi)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1170(b)(1)(a)(vi)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2170(b)(1)(a)(vi)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0800 south 15th street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1800 south 15th street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2800 south 15th street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd119146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd219146
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

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