Civic Intelligence

Frankford Valley Foundation for Literacy I

990 • Fiscal year 2018 • EIN 54-2100509

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 28, 2019

4300 Tacony StreetPhiladelphia, PA 19134

(215) 743-3100

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

11.35x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

9th percentile

-18%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

37th percentile

-0.3%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

27th percentile

-2.4%

Faster revenue growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$41,741,871

Down $105,946 (-0.3%) from 2017

Net Assets

Down

$343,068

Down $645,972 (-65%) from 2017

Liabilities

Up

$41,398,803

Up $540,026 (+1.3%) from 2017

Revenue

Down

$3,646,486

Down $88,196 (-2.4%) from 2017

Expenses

Down

$4,292,459

Down $149,983 (-3.4%) from 2017

Net Income

Up

-$645,973

Up $61,787 (+8.7%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $19,408,166Liabilities 2010: $17,685,396Net Assets 2010: $1,722,7702010Assets 2011: $18,759,602Liabilities 2011: $17,182,852Net Assets 2011: $1,576,7502011Assets 2012: $18,983,396Liabilities 2012: $17,593,047Net Assets 2012: $1,390,3492012Assets 2013: $19,173,751Liabilities 2013: $17,954,520Net Assets 2013: $1,219,2312013Assets 2014: $44,867,473Liabilities 2014: $43,660,188Net Assets 2014: $1,207,2852014Assets 2015: $43,347,400Liabilities 2015: $42,482,573Net Assets 2015: $864,8272015Assets 2016: $41,605,125Liabilities 2016: $41,716,453Net Assets 2016: -$111,3282016Assets 2017: $41,847,817Liabilities 2017: $40,858,777Net Assets 2017: $989,0402017Assets 2018: $41,741,871Liabilities 2018: $41,398,803Net Assets 2018: $343,0682018Assets 2019: $40,153,534Liabilities 2019: $40,333,390Net Assets 2019: -$179,8562019Assets 2020: $38,637,515Liabilities 2020: $39,191,014Net Assets 2020: -$553,4992020Assets 2021: $37,627,469Liabilities 2021: $38,275,155Net Assets 2021: -$647,6862021Assets 2022: $36,655,950Liabilities 2022: $37,572,871Net Assets 2022: -$916,9212022Assets 2023: $35,536,434Liabilities 2023: $36,563,905Net Assets 2023: -$1,027,4712023Assets 2024: $33,634,074Liabilities 2024: $35,409,232Net Assets 2024: -$1,775,1582024

Highlighted filing

2018

Assets$41,741,871
Liabilities$41,398,803
Net Assets$343,068

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,555,9272010Expenses 2011: $1,556,9052011Expenses 2012: $1,618,6262012Expenses 2013: $1,615,6882013Revenue 2014: $1,929,564Expenses 2014: $1,941,510Net Income 2014: -$11,9462014Revenue 2015: $2,566,239Expenses 2015: $2,908,697Net Income 2015: -$342,4582015Revenue 2016: $3,469,194Expenses 2016: $4,445,349Net Income 2016: -$976,1552016Revenue 2017: $3,734,682Expenses 2017: $4,442,442Net Income 2017: -$707,7602017Revenue 2018: $3,646,486Expenses 2018: $4,292,459Net Income 2018: -$645,9732018Revenue 2019: $3,687,700Expenses 2019: $4,210,624Net Income 2019: -$522,9242019Revenue 2020: $3,755,795Expenses 2020: $4,129,439Net Income 2020: -$373,6442020Revenue 2021: $3,946,104Expenses 2021: $4,040,291Net Income 2021: -$94,1872021Revenue 2022: $3,710,685Expenses 2022: $3,979,920Net Income 2022: -$269,2352022Revenue 2023: $3,761,292Expenses 2023: $3,871,842Net Income 2023: -$110,5502023Revenue 2024: $3,942,636Expenses 2024: $4,690,323Net Income 2024: -$747,6872024

Highlighted filing

2018

Revenue$3,646,486
Expenses$4,292,459
Net Income-$645,973
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 28, 2019
Return Version
2017v2.3
Gross Receipts
$3,646,486
Mission and Program Overview

Mission

The frankford valley foundation for literacy is a non profit organization, 501(c)(3), that was designated for the benefit of the community. Their mission is to support and expand opportunities for advancement to every member of the community. The organization leases property to the first philadelphia preparatory charter school, which is a tax exempt organization under irc 501(c)(3).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,187,588$34,039,201▼ $1,148,387
Prepaid Expenses and Deferred Charges$87,237$84,237▼ $3,000
Cash and Non-Interest-Bearing Accounts$8,330$33,260▲ $24,930
Total Assets$41,847,817$41,741,871▼ $105,946
Other Assets Total$6,564,662$7,585,173▲ $1,020,511
Liabilities
Unsecured Notes Loans Payable$40,535,000$40,065,000▼ $470,000
Other Liabilities$202,602$1,204,870▲ $1,002,268
Accounts Payable and Accrued Expenses$121,175$128,933▲ $7,758
Total Liabilities$40,858,777$41,398,803▲ $540,026
Net Assets / Fund Balance
Unrestricted Net Assets$989,040$343,068▼ $645,972
Total Net Assets Fund Balance$989,040$343,068▼ $645,972
Total Liabilities and Net Assets / Fund Balance$41,847,817$41,741,871▼ $105,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,214,493$6,492,999$37,707,492
Land$2,204,908-$2,204,908
Other Land Buildings$423,998$385,453$809,451
Equipment$195,802$391,605$587,407
Other Assets Org$940,014--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark E PiechBoard President
Anita KaiserBoard Vice President
Patricia a PiechBoard Member
Barbara SaundersBoard Secretary
James W LumppBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,609,836
Investment Income
$36,650
Other Revenue
$0
Change in Net Assets
$-645,973

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,646,486
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,646,486
Total Revenue per Form 990
$3,646,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,292,459
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,873,006--$2,873,006
Depreciation Depletion$1,230,000--$1,230,000
Insurance$73,546$18,362-$91,908
Fees for Services Legal$43,763--$43,763
Fees for Services Accounting$7,607--$7,607
Other Expenses$2,000--$2,000
All Other Expenses$133--$133
Total Functional Expenses$4,274,097$18,362$0$4,292,459

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,292,459
Expenses per Audited Statements$4,292,458
Total Expenses per Audited Statements$4,292,458
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
Due to Affiliate$1,204,870

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUS National Bank-$40,945,000Acquisition and renovation of school
BUS National Bank-$250,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization outsources its business management duties to santilli & thompson, llc.

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by the organization's outside, independent cpa firm and reviewed by the board president prior to filing.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 available through www.guidestar.org, dunn and bradstreet, and through request via right to know.

Form 990, Part VI, Section C, Line 19

The organization makes information available through www.guidestar.org, dunn and bradstreet, and through request vie right to know.

Filing and Contact Details

Filer

Filer Name
Frankford Valley Foundation
EIN
54-2100509
Phone
2157433100
Address
4300 TACONY STREET, PHILADELPHIA, PA 19134

Signing Officer

Name
Mark E Piech
Title
President
Phone
2157433100
Signed
2019-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark E Piech
Formed
2003
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0
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 XI, LINE 9:

ROUNDING 1.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation was incorporated under the laws of the state of pennsylvania and is a nonprofit organization as described in section 501 ( c )(3) of the internal revenue code and is exempt from federal and state income taxes. As of june 30, 2018 the tax periods remaining open for examination are fiscal years ended june 30, 2015 through 2018.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 1.

Raw XML AppendixShowing 400 of 495 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION LEASED A BUILDING FROM THE SUPPORTING ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0233062230
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03609836
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FIRST PHILADELPHIA PREPARATORY CHARTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03609836
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt031214493
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06492999
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt037707492
IRS990ScheduleD/EquipmentGrp/BookValueAmt0195802
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0391605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0587407
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt04292458
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02204908
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02204908
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01636235
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15008924
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2940014
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2BOND ISSUANCE COSTS, NET OF ACCUMULATED AMORTIZATION
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0423998
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0385453
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0809451
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01204870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03646486
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WAS INCORPORATED UNDER THE LAWS OF THE STATE OF PENNSYLVANIA AND IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501 ( C )(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS OF JUNE 30, 2018 THE TAX PERIODS REMAINING OPEN FOR EXAMINATION ARE FISCAL YEARS ENDED JUNE 30, 2015 THROUGH 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING 1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034039201
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07585173
IRS990ScheduleD/TotalExpensesPerForm990Amt04292459
IRS990ScheduleD/TotalLiabilityAmt01204870
IRS990ScheduleD/TotalRevenuePerForm990Amt03646486
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03646486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04292458
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum071781XAR4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum171781XAR4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt040945000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1250000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0US NATIONAL BANK
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1US NATIONAL BANK
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0ACQUISITION AND RENOVATION OF SCHOOL
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OUTSOURCES ITS BUSINESS MANAGEMENT DUTIES TO SANTILLI & THOMPSON, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE, INDEPENDENT CPA FIRM AND REVIEWED BY THE BOARD PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE THROUGH WWW.GUIDESTAR.ORG, DUNN AND BRADSTREET, AND THROUGH REQUEST VIA RIGHT TO KNOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES INFORMATION AVAILABLE THROUGH WWW.GUIDESTAR.ORG, DUNN AND BRADSTREET, AND THROUGH REQUEST VIE RIGHT TO KNOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIRST PHILADELPHIA CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232062230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0510 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO LEASE FACILITIES TO THE SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0NUMBER 11 TYPE I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04300 TACONY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt03609836
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt140065000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21204870
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL CASH PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.6$35.4$1.78$3.94$4.69$0.75
2023Detailed filing. Detailed filing data is available for this year.$35.5$36.6$1.03$3.76$3.87$0.11
2022Detailed filing. Detailed filing data is available for this year.$36.7$37.6$0.92$3.71$3.98$0.27
2021Detailed filing. Detailed filing data is available for this year.$37.6$38.3$0.65$3.95$4.04$0.09
2020Detailed filing. Detailed filing data is available for this year.$38.6$39.2$0.55$3.76$4.13$0.37
2019Detailed filing. Detailed filing data is available for this year.$40.2$40.3$0.18$3.69$4.21$0.52
2018Detailed filing. Detailed filing data is available for this year.$41.7$41.4$0.34$3.65$4.29$0.65
2017Detailed filing. Detailed filing data is available for this year.$41.8$40.9$0.99$3.73$4.44$0.71
2016Summary only. Only limited summary data is available for this year.$41.6$41.7$0.11$3.47$4.45$0.98
2015Detailed filing. Detailed filing data is available for this year.$43.3$42.5$0.86$2.57$2.91$0.34
2014Detailed filing. Detailed filing data is available for this year.$44.9$43.7$1.21$1.93$1.94$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$18.0$1.22$1.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$17.6$1.39$1.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$17.2$1.58$1.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$17.7$1.72$1.56