Civic Intelligence

Lindley Academy Charter School at Birney

990 • Fiscal year 2018 • EIN 45-2887132

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

990 West Lindley AvenuePhiladelphia, PA 19141

(212) 232-0305

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.12x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.37x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$168,920

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

92nd percentile

37%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,671,365

Up $1,249,361 (+37%) from 2017

Net Assets

Up

-$9,917,401

Up $3,762,935 (+28%) from 2017

Liabilities

Down

$14,588,766

Down $2,513,574 (-15%) from 2017

Revenue

Up

$10,613,027

Up $1,993,629 (+23%) from 2017

Expenses

Down

$6,396,092

Down $1,140,831 (-15%) from 2017

Net Income

Up

$4,216,935

Up $3,134,460 (+290%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10M-$20MAssets 2013: $1,730,377Liabilities 2013: $1,004,607Net Assets 2013: $725,7702013Assets 2014: $2,101,047Liabilities 2014: $667,896Net Assets 2014: $1,433,1512014Assets 2015: $1,960,255Liabilities 2015: $16,752,423Net Assets 2015: -$14,792,1682015Assets 2016: $2,673,013Liabilities 2016: $17,345,195Net Assets 2016: -$14,672,1822016Assets 2017: $3,422,004Liabilities 2017: $17,102,340Net Assets 2017: -$13,680,3362017Assets 2018: $4,671,365Liabilities 2018: $14,588,766Net Assets 2018: -$9,917,4012018Assets 2019: $5,938,299Liabilities 2019: $11,649,213Net Assets 2019: -$5,710,9142019Assets 2020: $6,411,767Liabilities 2020: $9,606,549Net Assets 2020: -$3,194,7822020Assets 2021: $9,349,086Liabilities 2021: $9,679,577Net Assets 2021: -$330,4912021Assets 2022: $8,724,796Liabilities 2022: $8,439,284Net Assets 2022: $285,5122022Assets 2023: $8,873,279Liabilities 2023: $8,369,474Net Assets 2023: $503,8052023Assets 2024: $6,865,968Liabilities 2024: $7,783,791Net Assets 2024: -$917,8232024

Highlighted filing

2018

Assets$4,671,365
Liabilities$14,588,766
Net Assets-$9,917,401

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2013: $7,372,786Expenses 2013: $7,340,787Net Income 2013: $31,9992013Revenue 2014: $8,037,065Expenses 2014: $7,380,636Net Income 2014: $656,4292014Revenue 2015: $7,277,654Expenses 2015: $7,619,973Net Income 2015: -$342,3192015Revenue 2016: $7,840,246Expenses 2016: $7,720,260Net Income 2016: $119,9862016Revenue 2017: $8,619,398Expenses 2017: $7,536,923Net Income 2017: $1,082,4752017Revenue 2018: $10,613,027Expenses 2018: $6,396,092Net Income 2018: $4,216,9352018Revenue 2019: $11,286,894Expenses 2019: $7,080,410Net Income 2019: $4,206,4842019Revenue 2020: $11,646,697Expenses 2020: $9,130,565Net Income 2020: $2,516,1322020Revenue 2021: $13,436,567Expenses 2021: $10,572,276Net Income 2021: $2,864,2912021Revenue 2022: $15,521,412Expenses 2022: $14,905,409Net Income 2022: $616,0032022Revenue 2023: $16,703,170Expenses 2023: $16,484,877Net Income 2023: $218,2932023Revenue 2024: $15,611,544Expenses 2024: $17,033,172Net Income 2024: -$1,421,6282024

Highlighted filing

2018

Revenue$10,613,027
Expenses$6,396,092
Net Income$4,216,935
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$10,613,027
Mission and Program Overview

Mission

Lindley academy charter school at birney beleives that working together with parents and the community stakeholders creates an ideal environment in which students have the opportunity to strive for academic excellence in all content areas, explore a diverse curriculum, prepare to succeed in a global environment, provide service to a growing community, foster positve healthy adult and child relationships, participate in character education, and develop a respect for others through exemplary mentorship, experience cooperative educational communities in all content areas from fine arts to technology, and develop students into lifelong learners.

To provide children with an education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$518,970$2,169,826▲ $1,650,856
Land, Buildings, and Equipment, Net$700,783$633,518▼ $67,265
Pledges and Grants Receivable$214,724$341,037▲ $126,313
Prepaid Expenses and Deferred Charges$145,377$91,984▼ $53,393
Accounts Receivable$73,867$7,099▼ $66,768
Total Assets$3,422,004$4,671,365▲ $1,249,361
Other Assets Total$1,768,283$1,427,901▼ $340,382
Liabilities
Other Liabilities$16,354,701$13,914,255▼ $2,440,446
Accounts Payable and Accrued Expenses$464,156$674,511▲ $210,355
Tax Exempt Bond Liabilities$283,483--
Total Liabilities$17,102,340$14,588,766▼ $2,513,574
Net Assets / Fund Balance
Unrestricted Net Assets$-13,680,336$-9,917,401▲ $3,762,935
Total Net Assets Fund Balance$-13,680,336$-9,917,401▲ $3,762,935
Total Liabilities and Net Assets / Fund Balance$3,422,004$4,671,365▲ $1,249,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$386,245$308,228$694,473
Other Land Buildings$117,437$242,301$359,738
Equipment$129,836$211,929$341,765
Other Assets Org$343,446--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kareem ThomasCEO/principalFT$123,531$45,389$168,920

Board Members and Trustees

NameTitle
Lisa JohnsonPresident
Barbara SaundersVice President
Monique ParkerMember
Ana Christina MelhorSecretary
Jane MacandrewTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
American Paradign SchoolsManagement Services8101 CASTOR AVENUE, Philadelphia, PA 19152$584,821
Maschio's Food Service INCFood Services525 E MAIN STREET, Chester, PA 07930$379,938
Keystone Health Plan EastInsurance ServicesPO BOX 8500, Philadelphia, PA 19178$293,780
US MedicalInsurance ServicesPOBOX 60839, Charlotte, NC 28260$287,152
R&a Personal Touch Cleaning ServicesCleaning Services618 MAPLE AVE, Philadelphia, PA 19116$190,830
Revenue and Support

Revenue Composition

Contributions and Grants
$1,454,418
Program Service Revenue
$8,892,338
Investment Income
$0
Other Revenue
$266,271
All Other Contributions
$10,000
Change in Net Assets
$4,216,935

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,613,027
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,613,027
Total Revenue per Form 990
$10,613,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,805,264
Salaries, Compensation, and Employee Benefits$2,590,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,635,401$741,044-$3,376,445
Fees for Services Other$585,266$375,674-$960,940
Occupancy$287,539$293,439-$580,978
Fees for Services Management-$529,530-$529,530
Payroll Taxes$261,755$106,383-$368,138
Other Employee Benefits$278,583$85,246-$363,829
Depreciation Depletion$6,841$224,749-$231,590
Office Expenses$68,950$96,632-$165,582
All Other Expenses$41,769$98,202-$139,971
Current Officers, Directors, Trustees, and Key Employees-$123,830-$123,830
Fees for Services Legal-$109,460-$109,460
Other Expenses$104,075$5,040-$104,075
Insurance-$64,542-$64,542
Fees for Services Accounting-$26,987-$26,987
Travel-$2,816-$2,816
Advertising-$148-$148
Pension Plan Contributions$-1,306,421$-334,993-$-1,641,414
Total Functional Expenses$3,847,158$2,548,934$0$6,396,092

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,396,092
Expenses per Audited Statements$6,396,091
Total Expenses per Audited Statements$6,396,091
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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
Deferred Inflow of Pension Activity$6,716,000
Net Pension Liability$6,223,000
Accrued Salaries and Benefits$716,064
Net Opeb Liability$257,000
Due to Student Activities$2,191
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
No
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 11B

Lindley academy charter school form 990 is prepared by an outside, independent cpa firm and is reviewed by the board prior to filing.

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

Board members file a statement of financial interest annually.

Form 990, Part VI, Section B, Line 15A

Board and management company make recommendations for ceo compensation.

Form 990, Part VI, Section C, Line 19

Right to know request through legal council

Filing and Contact Details

Filer

Filer Name
Lindley Academy Charter School
EIN
45-2887132
Phone
2122320305
Address
990 WEST LINDLEY AVENUE, PHILADELPHIA, PA 19141

Signing Officer

Name
Dr James Capolupo
Title
CEO/principal
Phone
2122320305
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr James Capolupo
Formed
2011
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
99
Volunteers
0

Preparer

Firm
St Clair Cpas Pc
Address
28 S CENTRE STREET, MERCHANTVILLE, NJ 08109
Preparer
Brian D Dimattesa CPA
Phone
8564825600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional services: program service expenses 585,266. Management and general expenses 375,674. Fundraising expenses 0. Total expenses 960,940.

FORM 990, PART XII, LINE 2C:

The board of directors assumes responsibility of revieweing the financial statements to ensure that the included information and amounts are accurate they also have the responsibility of selecting an independent accounting firm to perform the audit

Financial Statement Notes

PART X, LINE 2:

The school accounts for uncertainty in income taxes in which tax positions initially need to be recognized in the financial statements when it is more likely than not that the positions will be sustained upon examination by taxing authorities. As of june 30, 2018, the school had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, there was no interest and penalties related to income taxes. The school files federal form 990 (return of organization exempt from income tax). With few exceptions they are no longer subject to u.s. Federal and state tax examinations by taxing authorities for years before fiscal year ended june 30, 2015.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 1.

Raw XML AppendixShowing 400 of 526 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.

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IRS990/MissionDesc0LINDLEY ACADEMY CHARTER SCHOOL AT BIRNEY BELEIVES THAT WORKING TOGETHER WITH PARENTS AND THE COMMUNITY STAKEHOLDERS CREATES AN IDEAL ENVIRONMENT IN WHICH STUDENTS HAVE THE OPPORTUNITY TO STRIVE FOR ACADEMIC EXCELLENCE IN ALL CONTENT AREAS, EXPLORE A DIVERSE CURRICULUM, PREPARE TO SUCCEED IN A GLOBAL ENVIRONMENT, PROVIDE SERVICE TO A GROWING COMMUNITY, FOSTER POSITVE HEALTHY ADULT AND CHILD RELATIONSHIPS, PARTICIPATE IN CHARACTER EDUCATION, AND DEVELOP A RESPECT FOR OTHERS THROUGH EXEMPLARY MENTORSHIP, EXPERIENCE COOPERATIVE EDUCATIONAL COMMUNITIES IN ALL CONTENT AREAS FROM FINE ARTS TO TECHNOLOGY, AND DEVELOP STUDENTS INTO LIFELONG LEARNERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-13680336
IRS990/NetAssetsOrFundBalancesEOYAmt0-9917401
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0293439
IRS990/OccupancyGrp/ProgramServicesAmt0287539
IRS990/OccupancyGrp/TotalAmt0580978
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt096632
IRS990/OfficeExpensesGrp/ProgramServicesAmt068950
IRS990/OfficeExpensesGrp/TotalAmt0165582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01768283
IRS990/OtherAssetsTotalGrp/EOYAmt01427901
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt085246
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0278583
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0363829
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc1BOOKS AND PERIODICALS
IRS990/OtherExpensesGrp/Desc2TUITION
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15040
IRS990/OtherExpensesGrp/ProgramServicesAmt0509724
IRS990/OtherExpensesGrp/ProgramServicesAmt1193313
IRS990/OtherExpensesGrp/ProgramServicesAmt2180363
IRS990/OtherExpensesGrp/ProgramServicesAmt3104075
IRS990/OtherExpensesGrp/TotalAmt0509724
IRS990/OtherExpensesGrp/TotalAmt1193518
IRS990/OtherExpensesGrp/TotalAmt2185403
IRS990/OtherExpensesGrp/TotalAmt3104075
IRS990/OtherLiabilitiesGrp/BOYAmt016354701
IRS990/OtherLiabilitiesGrp/EOYAmt013914255
IRS990/OtherOrganizationDsc0CHARTER SCHOOL
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0266271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0266271
IRS990/OtherRevenueTotalAmt0266271
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0741044
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02635401
IRS990/OtherSalariesAndWagesGrp/TotalAmt03376445
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0106383
IRS990/PayrollTaxesGrp/ProgramServicesAmt0261755
IRS990/PayrollTaxesGrp/TotalAmt0368138
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0-334993
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-1306421
IRS990/PensionPlanContributionsGrp/TotalAmt0-1641414
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0214724
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0341037
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0145377
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt091984
IRS990/PrincipalOfficerNm0DR JAMES CAPOLUPO
IRS990/PriorPeriodAdjustmentsAmt0-454000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL DISTRICT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08891991
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08891991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1347
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01199131
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04045529
IRS990/PYOtherRevenueAmt085798
IRS990/PYProgramServiceRevenueAmt07334469
IRS990/PYRevenuesLessExpensesAmt01082475
IRS990/PYSalariesCompEmpBnftPaidAmt03491394
IRS990/PYTotalExpensesAmt07536923
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08619398
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04216935
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09158609
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0386245
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0308228
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0694473
IRS990ScheduleD/EquipmentGrp/BookValueAmt0129836
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0211929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0341765
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt06396091
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01084455
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1343446
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS PENSION ACTIVITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTIONS IN PROGRESS
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0117437
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0242301
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0359738
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06223000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16716000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2716064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4257000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOW OF PENSION ACTIVITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SALARIES AND BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO STUDENT ACTIVITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4NET OPEB LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010613027
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2018, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WAS NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING 1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0633518
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01427901
IRS990ScheduleD/TotalExpensesPerForm990Amt06396092
IRS990ScheduleD/TotalLiabilityAmt013914255
IRS990ScheduleD/TotalRevenuePerForm990Amt010613027
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010613027
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06396091
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. THE ORGANIZATION PUBLICIZED ITS POLICY THROUGH NEWSPAPER ADVERTISEMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT SOLICIT CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE CHARTER SCHOOL RECEIVES FEDERAL AND STATE GRANT MONEY FROM THE IDEA, TITLE I, TITLE II, TITLE IV, AND NATIONAL SCHOOL BREAKFAST AND LUNCH PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3THE CHARTER RECEIVES FEDERAL AND STATE GRANT MONEY FOR THE IDEA, TITLE I, TITLE II, TITLE IV, AND NATIONAL SCHOOL BREAKFAST AND LUNCH PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE E LINE 6A
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0123531
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0299
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt040117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04973
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KAREEM THOMAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0168920
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01

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