Civic Intelligence

The Providence Creek Academy Charter School Inc

990 • Fiscal year 2014 • EIN 51-0413324

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 24, 2016

273 West Duck Creek Road PO Box 26519938

(302) 653-6276

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

2.01x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

68th percentile

9.7%

Higher net margin than 68% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

23rd percentile

$101,934

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

24th percentile

-2.2%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-0.7%

Faster revenue growth than 33% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2014

Assets

Down

$14,512,409

Down $327,443 (-2.2%) from 2013

Net Assets

Down

$762,948

Down $75,366 (-9.0%) from 2013

Liabilities

Down

$13,749,461

Down $252,077 (-1.8%) from 2013

Revenue

$6,832,910

No earlier filing loaded for comparison.

Expenses

Up

$6,171,135

Up $126,305 (+2.1%) from 2013

Net Income

$661,775

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2011: $14,771,318Liabilities 2011: $14,337,015Net Assets 2011: $434,3032011Assets 2012: $14,546,083Liabilities 2012: $14,280,108Net Assets 2012: $265,9752012Assets 2013: $14,839,852Liabilities 2013: $14,001,538Net Assets 2013: $838,3142013Assets 2014: $14,512,409Liabilities 2014: $13,749,461Net Assets 2014: $762,9482014Assets 2015: $14,672,601Liabilities 2015: $14,770,907Net Assets 2015: -$98,3062015Assets 2016: $14,184,422Liabilities 2016: $14,361,706Net Assets 2016: -$177,2842016Assets 2017: $14,562,438Liabilities 2017: $15,023,621Net Assets 2017: -$461,1832017Assets 2018: $14,452,810Liabilities 2018: $28,372,018Net Assets 2018: -$13,919,2082018Assets 2019: $13,876,371Liabilities 2019: $27,775,540Net Assets 2019: -$13,899,1692019Assets 2020: $14,939,533Liabilities 2020: $28,334,857Net Assets 2020: -$13,395,3242020Assets 2021: $17,967,379Liabilities 2021: $30,763,796Net Assets 2021: -$12,796,4172021Assets 2022: $20,338,443Liabilities 2022: $31,744,715Net Assets 2022: -$11,406,2722022Assets 2023: $18,927,632Liabilities 2023: $28,939,396Net Assets 2023: -$10,011,7642023

Highlighted filing

2014

Assets$14,512,409
Liabilities$13,749,461
Net Assets$762,948

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,091,560Expenses 2011: $6,625,490Net Income 2011: -$533,9302011Revenue 2012: $6,936,484Expenses 2012: $7,104,812Net Income 2012: -$168,3282012Expenses 2013: $6,044,8302013Revenue 2014: $6,832,910Expenses 2014: $6,171,135Net Income 2014: $661,7752014Revenue 2015: $6,949,796Expenses 2015: $6,622,584Net Income 2015: $327,2122015Revenue 2016: $7,086,526Expenses 2016: $7,340,319Net Income 2016: -$253,7932016Revenue 2017: $7,402,244Expenses 2017: $7,686,143Net Income 2017: -$283,8992017Revenue 2018: $6,894,120Expenses 2018: $7,845,024Net Income 2018: -$950,9042018Revenue 2019: $7,634,546Expenses 2019: $7,614,507Net Income 2019: $20,0392019Revenue 2020: $8,125,121Expenses 2020: $7,621,276Net Income 2020: $503,8452020Revenue 2021: $8,442,689Expenses 2021: $7,843,782Net Income 2021: $598,9072021Revenue 2022: $9,393,713Expenses 2022: $8,001,958Net Income 2022: $1,391,7552022Revenue 2023: $10,262,197Expenses 2023: $8,867,689Net Income 2023: $1,394,5082023

Highlighted filing

2014

Revenue$6,832,910
Expenses$6,171,135
Net Income$661,775
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 24, 2016
Return Version
2013v4.0
Gross Receipts
$6,832,910
Mission and Program Overview

Mission

Providence creek academy offers a unique approach to the application of math, science, english language arts and social studies. We combine academics and citizenship to educate the whole child. Providence creek academy has developed endless academic opportunities for a diverse student population, providing education from kindergarten through eight grade.

Providence creek academy charter school, inc, was established to provide students with an education focused on education of the whole child with a focus on academics, the arts and athletics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,258,437$11,219,875▼ $38,562
Cash and Non-Interest-Bearing Accounts$2,844,274$3,248,094▲ $403,820
Rtn Earn Endowment Incm Other Fnds$2,255,357$2,027,121▼ $228,236
Intangible Assets$737,141--
Accounts Receivable-$44,440-
Cap Stk Tr Prin Current Funds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-1,417,043$-1,264,173▲ $152,870
Total Assets$14,839,852$14,512,409▼ $327,443
Liabilities
Tax Exempt Bond Liabilities$6,740,000$6,625,000▼ $115,000
Unsecured Notes Loans Payable-$5,700,177-
Accounts Payable and Accrued Expenses$559,275$793,769▲ $234,494
Other Liabilities$6,702,263$630,515▼ $6,071,748
Total Liabilities$14,001,538$13,749,461▼ $252,077
Net Assets / Fund Balance
Total Net Assets Fund Balance$838,314$762,948▼ $75,366
Total Liabilities and Net Assets / Fund Balance$14,839,852$14,512,409▼ $327,443

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,349,764$1,317,470$10,667,234
Land$1,585,906-$1,585,906
Equipment$0$568,120$568,120
Other Land Buildings$284,205$133,814$418,019
Leasehold Improvements$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Audrey ErschenPrincipalFT$101,934$101,934
Robin RobertsSecretaryFT$57,129$57,129

Board Members and Trustees

NameTitle
Charlie D WilsonPresident
Amy SantosVice President
Chris CraigMember
Ed Ide IiiMember
Gary StulirMember
Chris SenatoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,454,309
Program Service Revenue
$261,080
Investment Income
$117,521
Other Revenue
$0
All Other Contributions
$404,453
Change in Net Assets
$661,775

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,832,910
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,832,910
Total Revenue per Form 990
$6,832,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,105,161
Other Expenses$2,065,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,073,822$581,139-$3,654,961
Interest$490,324$92,701-$583,025
Occupancy$474,611$89,730-$564,341
Depreciation Depletion$253,308$47,890-$301,198
Payroll Taxes$235,147$44,457-$279,604
Other Expenses$174,045$32,905-$206,950
Current Officers, Directors, Trustees, and Key Employees$143,471$27,125-$170,596
Fees for Services Legal$5,445$1,030-$6,475
Total Functional Expenses$5,189,924$981,211$0$6,171,135

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,171,135
Total Expenses per Audited Statements$6,171,135
Total Expenses per Form 990$6,171,135
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
Swap Liability Payable$471,644
Compensated Absences$158,871

Bond Issues

BondIssuerIssuedIssue PricePurpose
A51-60001452008-12-01$13,000,000BUILDING NEW SCHOOL

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$13,000,000--$836,198

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is presented to and reviewed by board at regular meeting prior to filing

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

Organization has a written conflicts of interest policy which is posted on their webpage. The board and management routinely monitors and enforces said policy.

Form 990, Part VI, Section B, Line 15

As a charter school in the state of delaware,providence creek academy charter school is considered a component unit of the state, and therefore does not directly employee its staff. All staff members of the school are considered employees of the state of delaware.

Form 990, Part VI, Section C, Line 19

Available on guidestar.org, and in addition they are available upon request.

Filing and Contact Details

Filer

EIN
51-0413324
Phone
3026536276

Signing Officer

Name
Charles Taylor
Title
Head of School
Phone
3026536276
Signed
2016-02-24

Organization Details

Principal Officer
Charles Taylor
Formed
2002
Legal Domicile
De
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
35

Preparer

Preparer
Jeffrey Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The providence creek academy charter school is a state school, as such, the school's employees do not receive their w-2s from the school, but from the state of delaware. Accordingly, the school does not file a form w-3 with the internal revenue service.

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year

Form 990 Item B - Amended Return

The school has restated its june 30, 2014 ending net position in the governmental activities based on errors detected in recording the cash balances, receivables, accrued salaries and benefits, cost basis and calculation of depreciation on capital assets, compensated absences, and accrued interest. The net result of these changes was an increase to net position of $273,376. The school has restated its june 30, 2014 ending fund balance of the general fund based on errors detected in recording the cash balances, receivables, accrued salaries and benefits, and compensated absences. The net result of these changes was an increase to fund balance of $463,765.

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IRS990/ActivityOrMissionDesc0PROVIDENCE CREEK ACADEMY CHARTER SCHOOL, INC, WAS ESTABLISHED TO PROVIDE STUDENTS WITH AN EDUCATION FOCUSED ON EDUCATION OF THE WHOLE CHILD WITH A FOCUS ON ACADEMICS, THE ARTS AND ATHLETICS.
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IRS990/Desc0PROVIDENCE CREEK ACADEMY OFFERS A UNIQUE APPROACH TO THE APPLICATION OF MATH, SCIENCE, ENGLISH LANGUAGE ARTS AND SOCIAL STUDIES. WE COMBINE ACADEMICS AND CITIZENSHIP TO EDUCATE THE WHOLE CHILD. PROVIDENCE CREEK ACADEMY HAS DEVELOPED ENDLESS ACADEMIC OPPORTUNITIES FOR A DIVERSE STUDENT POPULATION; CULTURAL AND ACADEMIC FIELD TRIPS; STUDENT MENTORING; ODYSSEY OF THE MIND; MATH & WRITING ENRICHMENT; STUDENT COUNCIL; SCIENCE FAIR; JUNIOR ACHIEVEMENT; COMMUNITY SERVICE PROGRAMS; NATIONAL HONOR SOCIETY; FUTURE EDUCATORS OF AMERICA; LEARNING ENRICHMENT AFTER SCHOOL; AND PROGRAMS--LEAPOUR STAFF ENCOURAGES INQUIRY-BASED LEARNING WHICH FACILITATES CRITICAL THINKING SKILLS. HIGH ACADEMIC ACHIEVEMENT, CHARACTERDEVELOPMENT, AND TECHNOLOGY PROMOTE A CLIMATE FORLEARNING.
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IRS990/MissionDesc0PROVIDENCE CREEK ACADEMY OFFERS A UNIQUE APPROACH TO THE APPLICATION OF MATH, SCIENCE, ENGLISH LANGUAGE ARTS AND SOCIAL STUDIES. WE COMBINE ACADEMICS AND CITIZENSHIP TO EDUCATE THE WHOLE CHILD. PROVIDENCE CREEK ACADEMY HAS DEVELOPED ENDLESS ACADEMIC OPPORTUNITIES FOR A DIVERSE STUDENT POPULATION, PROVIDING EDUCATION FROM KINDERGARTEN THROUGH EIGHT GRADE.
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0235147
IRS990/PayrollTaxesGrp/TotalAmt0279604
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-1417043
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-1264173
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES TAYLOR
IRS990/PriorPeriodAdjustmentsAmt0-737141
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0261080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0261080
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05131373
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02231439
IRS990/PYOtherRevenueAmt0653675
IRS990/PYProgramServiceRevenueAmt0832121
IRS990/PYRevenuesLessExpensesAmt0572339
IRS990/PYSalariesCompEmpBnftPaidAmt03813391
IRS990/PYTotalExpensesAmt06044830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06617169
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0661775
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0261080
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02255357
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02027121
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09349764
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01317470
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010667234
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0568120
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0568120
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06171135
IRS990ScheduleD/LandGrp/BookValueAmt01585906
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01585906
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0284205
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0133814
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0418019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0158871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1471644
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SWAP LIABILITY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06832910
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011219875
IRS990ScheduleD/TotalExpensesPerForm990Amt06171135
IRS990ScheduleD/TotalLiabilityAmt0630515
IRS990ScheduleD/TotalRevenuePerForm990Amt06832910
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06832910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06171135
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/ExplanationTxt0THE NON-DISCRIMINATION POLICY IS PUBLISHED IN THE NEWSPAPER AS A PUBLIC NOTICE, AND IS ALSO PUBLISHED ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PROVIDENCE CREEK IS CONSIDERED TO BE A COMPONENT UNIT OF THE STATE OF DELAWARE AND RECEIVES SUPPORT FROM THE STATE OF DELAWARE AND THE FEDERAL GOVERNMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine10PNC
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct09.500000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02008-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0516000145
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0490229AB7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt013000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10KENT COUNTY DELAWARE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILDING NEW SCHOOL
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt012163802
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0836198
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02009
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt013000000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROVIDENCE CREEK ACADEMY CHARTER SCHOOL IS A STATE SCHOOL, AS SUCH, THE SCHOOL'S EMPLOYEES DO NOT RECEIVE THEIR W-2S FROM THE SCHOOL, BUT FROM THE STATE OF DELAWARE. ACCORDINGLY, THE SCHOOL DOES NOT FILE A FORM W-3 WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED TO AND REVIEWED BY BOARD AT REGULAR MEETING PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS A WRITTEN CONFLICTS OF INTEREST POLICY WHICH IS POSTED ON THEIR WEBPAGE. THE BOARD AND MANAGEMENT ROUTINELY MONITORS AND ENFORCES SAID POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS A CHARTER SCHOOL IN THE STATE OF DELAWARE,PROVIDENCE CREEK ACADEMY CHARTER SCHOOL IS CONSIDERED A COMPONENT UNIT OF THE STATE, AND THEREFORE DOES NOT DIRECTLY EMPLOYEE ITS STAFF. ALL STAFF MEMBERS OF THE SCHOOL ARE CONSIDERED EMPLOYEES OF THE STATE OF DELAWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE ON GUIDESTAR.ORG, AND IN ADDITION THEY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SCHOOL HAS RESTATED ITS JUNE 30, 2014 ENDING NET POSITION IN THE GOVERNMENTAL ACTIVITIES BASED ON ERRORS DETECTED IN RECORDING THE CASH BALANCES, RECEIVABLES, ACCRUED SALARIES AND BENEFITS, COST BASIS AND CALCULATION OF DEPRECIATION ON CAPITAL ASSETS, COMPENSATED ABSENCES, AND ACCRUED INTEREST. THE NET RESULT OF THESE CHANGES WAS AN INCREASE TO NET POSITION OF $273,376. THE SCHOOL HAS RESTATED ITS JUNE 30, 2014 ENDING FUND BALANCE OF THE GENERAL FUND BASED ON ERRORS DETECTED IN RECORDING THE CASH BALANCES, RECEIVABLES, ACCRUED SALARIES AND BENEFITS, AND COMPENSATED ABSENCES. THE NET RESULT OF THESE CHANGES WAS AN INCREASE TO FUND BALANCE OF $463,765.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 ITEM B - AMENDED RETURN
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt06740000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt06625000
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014839852
IRS990/TotalAssetsEOYAmt014512409
IRS990/TotalAssetsGrp/BOYAmt014839852
IRS990/TotalAssetsGrp/EOYAmt014512409
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06454309
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0981211
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05189924
IRS990/TotalFunctionalExpensesGrp/TotalAmt06171135
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014001538
IRS990/TotalLiabilitiesEOYAmt013749461
IRS990/TotalLiabilitiesGrp/BOYAmt014001538
IRS990/TotalLiabilitiesGrp/EOYAmt013749461
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0838314
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0762948
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05189924
IRS990/TotalProgramServiceRevenueAmt0261080
IRS990/TotalReportableCompFromOrgAmt0159063
IRS990/TotalRevenueGrp/ExclusionAmt0117521
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0261080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06832910

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$18.9$28.9$10.0$10.3$8.87$1.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.3$31.7$11.4$9.39$8.00$1.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$30.8$12.8$8.44$7.84$0.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$28.3$13.4$8.13$7.62$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$27.8$13.9$7.63$7.61$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$28.4$13.9$6.89$7.85$0.95
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$15.0$0.46$7.40$7.69$0.28
2016Summary only. Only limited summary data is available for this year.$14.2$14.4$0.18$7.09$7.34$0.25
2015Detailed filing. Detailed filing data is available for this year.$14.7$14.8$0.10$6.95$6.62$0.33
2014Detailed filing. Detailed filing data is available for this year.$14.5$13.7$0.76$6.83$6.17$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$14.0$0.84$6.04
2012Summary only. Only limited summary data is available for this year.$14.5$14.3$0.27$6.94$7.10$0.17
2011Summary only. Only limited summary data is available for this year.$14.8$14.3$0.43$6.09$6.63$0.53
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