Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2015 • EIN 45-3505875
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 5.8% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Up$1,296,049
Up $710,048 (+121%) from 2014
Net Assets
Down-$596,982
Down $705,267 (-651%) from 2014
Liabilities
Up$1,893,031
Up $1,415,315 (+296%) from 2014
Revenue
Up$1,887,879
Up $117,530 (+6.6%) from 2014
Expenses
Up$1,821,922
Up $123,671 (+7.3%) from 2014
Net Income
Down$65,957
Down $6,141 (-8.5%) from 2014
The mission of the act academy charter school is to prepapre our students both morally and intellectually for their future, cultivating leaders with both intelligence and character-what martin luther king jr. Described as a "true education."
The mission of the act academy charter school is to prepare our students both morally and intellectually for their future, cultivating leaders with both intelligence and character-what martin luther king jr. Described as a "true education."
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $156,884 | $603,293 | ▲ $446,409 |
| Accounts Receivable | $419,439 | $268,083 | ▼ $151,356 |
| Prepaid Expenses and Deferred Charges | $6,250 | $59,423 | ▲ $53,173 |
| Land, Buildings, and Equipment, Net | $3,428 | $2,785 | ▼ $643 |
| Total Assets | $586,001 | $1,296,049 | ▲ $710,048 |
| Other Assets Total | $0 | $362,465 | ▲ $362,465 |
| Liabilities | |||
| Other Liabilities | $91,383 | $1,380,148 | ▲ $1,288,765 |
| Accounts Payable and Accrued Expenses | $386,333 | $512,883 | ▲ $126,550 |
| Total Liabilities | $477,716 | $1,893,031 | ▲ $1,415,315 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | - | $2,785 | - |
| Unrestricted Net Assets | $108,285 | $-599,767 | ▼ $708,052 |
| Total Net Assets Fund Balance | $108,285 | $-596,982 | ▼ $705,267 |
| Total Liabilities and Net Assets / Fund Balance | $586,001 | $1,296,049 | ▲ $710,048 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,785 | $1,715 | $4,500 |
| Other Assets Org | $362,465 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lisa Bellamy | Principal | FT | $100,862 | $8,178 | $109,040 |
| Name | Title |
|---|---|
| John Spencer | Board President |
| Donyatta Tinson Smith | Board Vice President |
| Deana Ramsey | Board Member |
| Stephen Jones | Board Member |
| Tacita Carter-mobley | Board Member |
| David Thomas | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,113,845 |
| Salaries, Compensation, and Employee Benefits | $708,077 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $510,275 | $65,222 | - | $575,497 |
| Other Salaries and Wages | $315,106 | $196,179 | - | $511,285 |
| Fees for Services Management | - | $152,106 | - | $152,106 |
| Pension Plan Contributions | $60,296 | $40,837 | - | $101,133 |
| Occupancy | $67,500 | $7,500 | - | $75,000 |
| Payroll Taxes | $30,582 | $17,353 | - | $47,935 |
| Other Employee Benefits | $30,595 | $17,129 | - | $47,724 |
| Office Expenses | $2,224 | $29,397 | - | $31,621 |
| Insurance | $3,980 | $27,294 | - | $31,274 |
| All Other Expenses | $5,872 | $11,662 | - | $17,534 |
| Fees for Services Legal | - | $16,376 | - | $16,376 |
| Travel | $1,060 | $12,201 | - | $13,261 |
| Fees for Services Accounting | - | $11,750 | - | $11,750 |
| Other Expenses | $8,493 | $7,766 | - | $7,766 |
| Advertising | - | $1,350 | - | $1,350 |
| Depreciation Depletion | $643 | - | - | $643 |
| Total Functional Expenses | $1,080,655 | $741,267 | $0 | $1,821,922 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,821,922 |
| Total Expenses per Audited Statements | $1,821,922 |
| Total Expenses per Form 990 | $1,821,922 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Pension Liability | $1,148,000 |
| Salaries & Benefits Payable | $90,449 |
| Deferred Inflows of Resources | $82,000 |
| Advance From Grantors | $59,699 |
“Line 11a explanation - review with ceo and the board of trustees”
“The board members are given financial interest statements to complete each year”
“Review other schools to make comparable salary decisions”
“All governing documents, conflict of interest policy and financial statements are available upon request.”
“GUIDESTAR”
“Professional services: program service expenses 510,275. Management and general expenses 1,356. Fundraising expenses 0. Total expenses 511,631. Pension: program service expenses 0. Management and general expenses 63,866. Fundraising expenses 0. Total expenses 63,866.”
“Cumulative effect of adoption of gasb 68 -771,224.”
“The school has a finance/audit committee that reviews the financial statements before they are issued in order to ensure they are complete and accurate.”
“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. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of june 30, 2015, the school had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, the school had no interest and penalties related to income taxes. The school files an income tax return in the u.s. Federal jurisdiction. The school is subject to u.s. Federal tax examinations by taxing authorities since inception.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 386333 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 512883 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 419439 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 268083 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF THE ACT ACADEMY CHARTER SCHOOL IS TO PREPARE OUR STUDENTS BOTH MORALLY AND INTELLECTUALLY FOR THEIR FUTURE, CULTIVATING LEADERS WITH BOTH INTELLIGENCE AND CHARACTER-WHAT MARTIN LUTHER KING JR. DESCRIBED AS A "TRUE EDUCATION." |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1350 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1350 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 11662 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5872 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 17534 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FOUNDATIONS INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8565331600 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 701 EAST GATE DRIVE SUITE 300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MT LAUREL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 08054 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 156884 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 603293 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 139802 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 121 |
| IRS990/CYOtherExpensesAmt | 0 | 1113845 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1747956 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 65957 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 708077 |
| IRS990/CYTotalExpensesAmt | 0 | 1821922 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1887879 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 643 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 643 |
| IRS990/Desc | 0 | OPERATE A CHARTER SCHOOL PURSUANT TO THE PENNSYLVANIA CHARTER SCHOOL LAW, EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 18 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1080655 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11750 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11750 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 16376 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 16376 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 152106 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 152106 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 65222 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 510275 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 575497 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 8178 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN SPENCER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DONYATTA TINSON SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEPHEN JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEANA RAMSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID THOMAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TACITA CARTER-MOBLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | LISA BELLAMY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 100862 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | PRINCIPAL |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 139802 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1887879 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 27294 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3980 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 31274 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 121 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 121 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1715 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3428 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2785 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4500 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE ACT ACADEMY CHARTER SCHOOL IS TO PREPARE OUR STUDENTS BOTH MORALLY AND INTELLECTUALLY FOR THEIR FUTURE, CULTIVATING LEADERS WITH BOTH INTELLIGENCE AND CHARACTERWHAT MARTIN LUTHER KING JR. DESCRIBED AS A TRUE EDUCATION." |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 108285 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -596982 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7500 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 67500 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 75000 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 29397 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 2224 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 31621 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 362465 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -771224 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 17129 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 30595 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 47724 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONSULTING |
| IRS990/OtherExpensesGrp/Desc | 1 | INSTRUCTIONAL AIDS |
| IRS990/OtherExpensesGrp/Desc | 2 | TELECOMMUNICATIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER PURCHASED SERVICE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 112918 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 14227 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 7766 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 11785 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 32244 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 8493 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 124703 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 32244 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 22720 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 7766 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 91383 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1380148 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 196179 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 315106 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 511285 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 17353 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 30582 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 47935 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 40837 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 60296 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 101133 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6250 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 59423 |
| IRS990/PrincipalOfficerNm | 0 | JOHN SPENCER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STUDENT SUBSIDY |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | STATE REIMBURSEMENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1525038 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 222918 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1525038 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 222918 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 92539 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 73 |
| IRS990/PYOtherExpensesAmt | 0 | 1103412 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1677737 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 72098 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 594839 |
| IRS990/PYTotalExpensesAmt | 0 | 1698251 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1770349 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 65957 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1794804 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1715 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 4500 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1821922 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEFERRED OUTFLOWS OF RESOURCES |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 59699 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 1148000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 82000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SALARIES & BENEFITS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ADVANCE FROM GRANTORS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | PENSION LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | DEFERRED INFLOWS OF RESOURCES |
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| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1887879 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2015, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAXING AUTHORITIES SINCE INCEPTION. |
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| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
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| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | PROHIBITED BY CHARTER SCHOOL LAW TO DISCRIMINATE |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | CHARTER SCHOOL RECEIVED FEDERAL GRANTS AND IS REIMBURSED FOR CERTAIN EXPENDITURES BY THE COMMONWEALTH OF PA. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LINE 11A EXPLANATION - REVIEW WITH CEO AND THE BOARD OF TRUSTEES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD MEMBERS ARE GIVEN FINANCIAL INTEREST STATEMENTS TO COMPLETE EACH YEAR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW OTHER SCHOOLS TO MAKE COMPARABLE SALARY DECISIONS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GUIDESTAR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 510,275. MANAGEMENT AND GENERAL EXPENSES 1,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 511,631. PENSION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,866. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,866. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CUMULATIVE EFFECT OF ADOPTION OF GASB 68 -771,224. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE SCHOOL HAS A FINANCE/AUDIT COMMITTEE THAT REVIEWS THE FINANCIAL STATEMENTS BEFORE THEY ARE ISSUED IN ORDER TO ENSURE THEY ARE COMPLETE AND ACCURATE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990/TaxExemptBondsInd | 0 | 0 |
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| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 1296049 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 586001 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1296049 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 139802 |
| IRS990/TotalEmployeeCnt | 0 | 18 |
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| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 12201 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1060 |
| IRS990/TravelGrp/TotalAmt | 0 | 13261 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 108285 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -599767 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2111 EASTBURN AVE |
| IRS990/USAddress/CityNm | 0 | PHILADELPHIA |
| IRS990/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/USAddress/ZIPCd | 0 | 19138 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://ACTACADEMY.ORG/ |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.