Civic Intelligence

Vida Charter School

990 • Fiscal year 2015 • EIN 74-3226244

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 10, 2015

120 East BroadwayGettysburg, PA 17325

(215) 481-9777

Siviq Scores

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

Liabilities / Assets

98th percentile

2.08x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

1.08x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

74th percentile

11%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

10.0%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,454,803

Up $142,846 (+11%) from 2014

Net Assets

Down

-$1,564,959

Down $2,630,748 (-247%) from 2014

Liabilities

Up

$3,019,762

Up $2,773,594 (+1127%) from 2014

Revenue

Up

$2,787,038

Up $252,727 (+10.0%) from 2014

Expenses

Up

$2,725,864

Up $354,091 (+15%) from 2014

Net Income

Down

$61,174

Down $101,364 (-62%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $310,899Liabilities 2011: $92,579Net Assets 2011: $218,3202011Assets 2012: $661,930Liabilities 2012: $113,064Net Assets 2012: $548,8662012Assets 2014: $1,311,957Liabilities 2014: $246,168Net Assets 2014: $1,065,7892014Assets 2015: $1,454,803Liabilities 2015: $3,019,762Net Assets 2015: -$1,564,9592015Assets 2016: $2,295,206Liabilities 2016: $4,395,899Net Assets 2016: -$2,100,6932016Assets 2017: $2,290,340Liabilities 2017: $4,647,783Net Assets 2017: -$2,357,4432017Assets 2018: $1,936,333Liabilities 2018: $4,357,669Net Assets 2018: -$2,421,3362018Assets 2019: $1,639,541Liabilities 2019: $3,745,156Net Assets 2019: -$2,105,6152019Assets 2020: $1,794,195Liabilities 2020: $3,168,171Net Assets 2020: -$1,373,9762020Assets 2021: $1,793,478Liabilities 2021: $2,470,024Net Assets 2021: -$676,5462021Assets 2022: $4,506,872Liabilities 2022: $4,719,613Net Assets 2022: -$212,7412022Assets 2023: $3,699,766Liabilities 2023: $3,652,938Net Assets 2023: $46,8282023

Highlighted filing

2015

Assets$1,454,803
Liabilities$3,019,762
Net Assets-$1,564,959

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $938,404Expenses 2011: $831,167Net Income 2011: $107,2372011Revenue 2012: $1,710,873Expenses 2012: $1,391,643Net Income 2012: $319,2302012Revenue 2014: $2,534,311Expenses 2014: $2,371,773Net Income 2014: $162,5382014Revenue 2015: $2,787,038Expenses 2015: $2,725,864Net Income 2015: $61,1742015Revenue 2016: $2,951,981Expenses 2016: $3,487,715Net Income 2016: -$535,7342016Revenue 2017: $3,087,597Expenses 2017: $3,344,347Net Income 2017: -$256,7502017Revenue 2018: $3,334,458Expenses 2018: $3,246,841Net Income 2018: $87,6172018Revenue 2019: $3,597,465Expenses 2019: $3,281,744Net Income 2019: $315,7212019Revenue 2020: $3,658,859Expenses 2020: $2,927,220Net Income 2020: $731,6392020Revenue 2021: $3,468,215Expenses 2021: $2,770,785Net Income 2021: $697,4302021Revenue 2022: $3,583,206Expenses 2022: $3,119,401Net Income 2022: $463,8052022Revenue 2023: $4,021,921Expenses 2023: $3,762,353Net Income 2023: $259,5682023

Highlighted filing

2015

Revenue$2,787,038
Expenses$2,725,864
Net Income$61,174
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$2,787,038
Mission and Program Overview

Mission

Vida charter school believes in preparing children for life by nourishing the student's mind & bodies literacy & numeracy, taught in english & spanish, will foster success in a diverse world while an emphasis on health, physical fitness & character education will ensure a holistic approach to a rigorous curriculum.

Vida charter school believes in preparing children for life by nourishing the students' minds and bodies. Literacy and numeracy, taught in english and spanish, will foster success in a diverse world while an emphasis on health, physical fitness, and character education will ensure a holistic approach to a rigorous curriculm.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,087,466$1,039,599▼ $47,867
Accounts Receivable$114,615$259,242▲ $144,627
Land, Buildings, and Equipment, Net$83,449$108,953▲ $25,504
Prepaid Expenses and Deferred Charges$3,689$24,271▲ $20,582
Total Assets$1,311,957$1,454,803▲ $142,846
Other Assets Total$22,738$22,738→ $0
Liabilities
Other Liabilities-$2,929,000-
Accounts Payable and Accrued Expenses$246,168$90,762▼ $155,406
Total Liabilities$246,168$3,019,762▲ $2,773,594
Net Assets / Fund Balance
Unrestricted Net Assets$1,065,789$-1,564,959▼ $2,630,748
Total Net Assets Fund Balance$1,065,789$-1,564,959▼ $2,630,748
Total Liabilities and Net Assets / Fund Balance$1,311,957$1,454,803▲ $142,846

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$64,457$66,375$130,832
Equipment$44,496$11,124$55,620
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amanda KittelbergerPresident
Kathleen CunniffeTrustee
Susan WhiteSecretary
Lynn Marie LeonardTreasurer
Cindy BowenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,787,038
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$61,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,787,038
Total Revenue per Audited Statements
$2,787,038
Total Revenue per Form 990
$2,787,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,815,067
Other Expenses$910,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$960,223$244,381-$1,204,604
Pension Plan Contributions$242,218$47,782-$290,000
Occupancy$237,160$41,852-$279,012
Other Employee Benefits$171,429$38,493-$209,922
Fees for Services Other$145,687$64,218-$209,905
Payroll Taxes$88,190$22,351-$110,541
Fees for Services Accounting-$77,164-$77,164
Fees for Services Legal-$60,947-$60,947
Depreciation Depletion$36,471--$36,471
All Other Expenses$19,589$9,138-$28,727
Insurance-$26,583-$26,583
Other Expenses$24,441$23,174-$23,174
Office Expenses-$9,434-$9,434
Advertising-$2,028-$2,028
Travel$204--$204
Total Functional Expenses$2,047,632$678,232$0$2,725,864

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,725,864
Total Expenses per Audited Statements$2,725,864
Total Expenses per Form 990$2,725,864
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
Pension Liability$2,929,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

All members of the board of trustees review the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policies are completed annually.

Form 990, Page 6, Part VI, Line 15A

The board of trustees approves all compensation.

Form 990, Page 6, Part VI, Line 15B

The board of trustees approves all compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Vida Charter School
EIN
74-3226244
Address
120 EAST BROADWAY, GETTYSBURG, PA 17325

Signing Officer

Name
Cynthia Maldonado
Title
Executive Director
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Maldonado
Formed
2010
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
32
Volunteers
40

Preparer

Firm
Lopez Teodosio & Larkin LLC
Address
413 EXECUTIVE DRIVE, LANGHORNE, PA 19047
Preparer
Peter D Place
Phone
2155791580
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Vida charter school believes in preparing children for life by nourishing the students' minds and bodies. Literacy and numeracy, taught in english and spanish, will foster success in a diverse world while an emphasis on health, physical fitness, and character education will ensure a holistic approach to a rigorous curriculm.

Form 990, Part XI, Line 9

Prior period adjustment of (2,691,922) is due to the adoption of gasb statement 68 and 71 which relates to the pension liability

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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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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055620
IRS990ScheduleD/ExpensesSubtotalAmt02725864
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064457
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt066375
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0130832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02929000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt02787038
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0108953
IRS990ScheduleD/TotalExpensesPerForm990Amt02725864
IRS990ScheduleD/TotalLiabilityAmt02929000
IRS990ScheduleD/TotalRevenuePerForm990Amt02787038
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02787038
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02725864
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC SCHOOL, THE ORGANIZATION RECEIVES REVENUES FROM LOCAL, STATE, AND FEDERAL AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VIDA CHARTER SCHOOL BELIEVES IN PREPARING CHILDREN FOR LIFE BY NOURISHING THE STUDENTS' MINDS AND BODIES. LITERACY AND NUMERACY, TAUGHT IN ENGLISH AND SPANISH, WILL FOSTER SUCCESS IN A DIVERSE WORLD WHILE AN EMPHASIS ON HEALTH, PHYSICAL FITNESS, AND CHARACTER EDUCATION WILL ENSURE A HOLISTIC APPROACH TO A RIGOROUS CURRICULM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD OF TRUSTEES REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICIES ARE COMPLETED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES APPROVES ALL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF TRUSTEES APPROVES ALL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT OF (2,691,922) IS DUE TO THE ADOPTION OF GASB STATEMENT 68 AND 71 WHICH RELATES TO THE PENSION LIABILITY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01311957
IRS990/TotalAssetsEOYAmt01454803
IRS990/TotalAssetsGrp/BOYAmt01311957
IRS990/TotalAssetsGrp/EOYAmt01454803
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0678232
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02047632
IRS990/TotalFunctionalExpensesGrp/TotalAmt02725864
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0246168
IRS990/TotalLiabilitiesEOYAmt03019762
IRS990/TotalLiabilitiesGrp/BOYAmt0246168
IRS990/TotalLiabilitiesGrp/EOYAmt03019762
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01065789
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1564959
IRS990/TotalProgramServiceExpensesAmt02047632
IRS990/TotalProgramServiceRevenueAmt02787038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02787038
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02787038
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01311957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01454803
IRS990/TravelGrp/ProgramServicesAmt0204
IRS990/TravelGrp/TotalAmt0204
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01065789
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1564959
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.VIDACHARTERSCHOOL.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CYNTHIA MALDONADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIDA CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0VIDA
ReturnHeader/Filer/EIN0743226244
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 EAST BROADWAY
ReturnHeader/Filer/USAddress/CityNm0GETTYSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd017325
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0233007072
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOPEZ TEODOSIO & LARKIN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0413 EXECUTIVE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANGHORNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019047
ReturnHeader/PreparerPersonGrp/PhoneNum02155791580
ReturnHeader/PreparerPersonGrp/PreparationDt02015-12-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER D PLACE
ReturnHeader/ReturnTs02015-12-11T10:01:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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