2024-12-13T07:54:52-06:00 2024-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2023-07-01 043733010 LA SALLE ACADEMY LASA 2157395804 1434 N SECOND STREET PHILADELPHIA PA 191223802 MARIA WALKER PRESIDENT 2157395804 2024-12-11 1 1 DAVID J GILL JR P00935081 8567225300 2023 2024-10-15 13:58:12Z MARIA WALKER 1434 N 2ND STREET PHILADELPHIA PA 19122 5019748 0 X HTTP://WWW.LASALLEACADEMY.NET/ X 2003 PA PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY, AND SOCIALLY AT RISK CHILDREN. 33 32 25 0 0 0 2826514 2021588 9232 11840 177601 248972 488019 94285 3501366 2376685 0 0 0 0 1216170 1359575 0 0 258116 773443 873732 1989613 2233307 1511753 143378 15464502 16174479 0 0 15464502 16174479 PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN IN GRADES THREE THROUGH EIGHT. 0 0 1614468 11840 PRIVATE ELEMENTARY SCHOOL WHICH IS DEDICATED TO EDUCATING CHILDREN IN GRADES THREE THROUGH EIGHT WHOSE LIFE OPPORTUNITIES ARE LIMITED BY FINANCIAL, SOCIAL, AND ACADEMIC CHALLENGES AND WHOSE PARENTS/GUARDIANS DESIRE, BUT CAN NOT AFFORD A CATHOLIC EDUCATION. THE ACADEMY PROVIDES SMALL CLASSES, AN EXTENDED DAY AND YEAR, AND THE ACADEMIC, SOCIAL, AND SPRITUAL SUPPORTS NECESSARY FOR STUDENTS TO BECOME SUCCESSFUL PEOPLE AND LIFELONG LEARNERS. 1614468 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 25 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARIA WALKER PRESIDENT LA SALLE ACADEMY 2157395804 1434 N 2ND STREET PHILADELPHIA PA 19122 BR GERARD MOLYNEAUX FSC PHD TRUSTEE 1.00 X 0 0 0 BRIAN RILEY TRUSTEE 1.00 X 0 0 0 CAROL MELVIN PATE EDD SECRETARY/TRUSTEE 1.00 X X 0 0 0 DALE LINTNER JR TRUSTEE 1.00 X 0 0 0 DENNIS M DURKIN TRUSTEE 1.00 X 0 0 0 DEREK RODRIGUEZ TRUSTEE 1.00 X 0 0 0 DONNA BARTYNSKI TRUSTEE 1.00 X 0 0 0 EILEEN M MAGINNIS VICE CHAIR/ TRUSTEE 1.00 X X 0 0 0 FRANK C PALOPOLI TRUSTEE 1.00 X 0 0 0 GREGORY F VIZZA ESQ TRUSTEE 1.00 X 0 0 0 JAMES D DANELLA TRUSTEE 1.00 X 0 0 0 JAMES LYNCH TRUSTEE 1.00 X 0 0 0 JOHN FENNINGHAM ESQ CHAIRMAN/TRUSTEE 1.00 X X 0 0 0 JOHN RILLING TREASURER/TRUSTEE 1.00 X X 0 0 0 JULIE PUKAS TRUSTEE 1.00 X 0 0 0 KATHLEEN G LYNCH TRUSTEE 1.00 X 0 0 0 KRISTINE GRADY DEREWICZ ESQ TRUSTEE 1.00 X 0 0 0 M CATHLENE DRISCOLL ESQ TRUSTEE 1.00 X 0 0 0 MARY BETH HUGHES ESQ TRUSTEE 1.00 X 0 0 0 MICHAEL J O'NEILL JR TRUSTEE 1.00 X 0 0 0 PETER MADDEN TRUSTEE 1.00 X 0 0 0 SR JEANNE MCGOWAN SSJ PRESIDENT EMERITA 40.00 X X 0 0 0 SR KAREN DIETRICH SSJ PHD TRUSTEE 1.00 X 0 0 0 SR ROSANNE ORCHON SSJ TRUSTEE 1.00 X 0 0 0 TERESA DIAMOND PRINCIPAL - NON-VOTING 40.00 X X 108398 0 20376 TIMOTHY J ABELL TRUSTEE 1.00 X 0 0 0 PAUL BUCCO ESQ TRUSTEE 1.00 X 0 0 0 AL SALVITTI TRUSTEE 1.00 X 0 0 0 MARIA WALKER PRESIDENT 40.00 X X 78750 0 0 BR JOSEPH MAHON FSC TRUSTEE 1.00 X 0 0 0 TIMOTHY WOOLLEY TRUSTEE 1.00 X 0 0 0 THERESA ALLEN TRUSTEE 1.00 X 0 0 0 THOMAS PERRINO TRUSTEE 1.00 X 0 0 0 187148 0 20376 1 0 0 0 0 2021588 99205 2021588 TUITION AND FEES 900099 11840 11840 11840 266040 266040 2579545 2596613 -17068 -17068 -17068 140735 46450 94285 94285 2376685 11840 0 343257 X 187148 187148 944933 589585 218429 136919 145304 96390 30067 18847 82190 54522 17007 10661 14000 14000 115421 114169 1252 120895 108806 12089 17337 15603 1734 REPAIRS 191778 172600 19178 FUNDRAISING 91355 91355 NURSE AND HEALTH SERVIC 65828 65828 UTILITIES 43133 38820 4313 213985 170997 42654 334 2233307 1614468 360723 258116 51 136 2583610 1751370 5389393 963568 4005925 4425825 8872975 9997148 1941 15464502 16174479 0 0 X 12541530 13005195 2922972 3169284 15464502 16174479 15464502 16174479 143378 566599 0 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 2879359 246291 3125650 2634459 244900 2879359 3097462 -463003 2634459 2539852 557610 3097462 2515887 23965 2539852 0.68007 0.31993 0 0 114499 114499 5065571 754245 4311326 187881 187881 0 21442 21442 0 4425825 X 3093699 566599 103965 46450 717014 2376685 0 2376685 2383722 103965 46450 150415 2233307 0 2233307 PART V, LINE 4: THE ENDOWMENT FUNDS ARE RESTRICTED AND REQUIRE THE ACADEMY TO CONTINUE ITS PRIMARY MISSION OF PROVIDING EDUCATIONAL ASSISTANCE TO EXTREMELY NEEDY CHILDREN. BEGINNING IN THE YEAR ENDED JUNE 30, 2012, OR THE FOURTH YEAR OF THE ENDOWMENT PLAN, THE ACADEMY MAY MAKE WITHDRAWALS TO PAY EXPENSES FOR OPERATING AND MAINTAINING THE SCHOOL. THE WITHDRAWAL AMOUNT IS LIMITED TO 5% OF THE PRINCIPAL OF THE ENDOWMENT AS OF THE FIRST DAY OF THE FISCAL YEAR. PER THE TERMS OF THE AGREEMENT, INCOME EARNED BY THE ENDOWMENT WILL BE DEEMED ADDED TO THE PRINCIPAL AMOUNT EACH YEAR. DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, $-0- WAS WITHDRAWN FROM THE ENDOWMENT. AT JUNE 30, 2024, A CUMULATIVE TOTAL OF $396,565 HAS BEEN WITHDRAWN FROM THE ENDOWMENT. THE ACADEMY INVESTS THE ENDOWMENT FUND IN A BROKERAGE ACCOUNT MADE UP OF MARKETABLE SECURITIES. PART X, LINE 2: THE ACADEMY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE COMMONWEALTH OF PENNSYLVANIA ALSO RECOGNIZES THE ACADEMY AS TAX-EXEMPT. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE ACADEMY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ACADEMY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR YEARS ENDING BEFORE JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 STUDENTS ARE WELCOME FROM ALL RACIAL AND ETHNIC COMMUNITIES WITHIN THE PHILADELPHIA REGION. NO BIAS IS PERMITTED BASED ON RACE OR NATIONAL ORIGIN. ALL PUBLICATIONS CLEARLY STATE THIS POLICY. GOLF OUTING 140735 140735 46450 140735 140735 46450 46450 94285 X OTHER SUPPLIES AND MATERIALS 2 86646 FAIR VALUE X TEACHING MATERIALS 1 12559 FAIR VALUE 0 1 0 PART I, COLUMN (B): REPORTING NUMBER OF CONTRIBUTIONS RATHER THAN ITEMS CONTRIBUTED FORM 990, PART VI, SECTION A, LINE 2 JIM AND KATHY LYNCH ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 WITH THE TAX PREPARER, AND AFTER THEY ARE SATISFIED IT HAS BEEN PROPERLY AND COMPLETELY PREPARED, THEY SUBMIT FORM 990 TO THE ENTIRE BOARD OF TRUSTEES FOR APPROVAL. UPON THE BOARD'S REVIEW IT IS THEN SIGNED AND MAILED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORED BY EXECUTIVE COMMITTEE THROUGH ANNUAL SURVEY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE PRESIDENT EMERITA CONSISTED OF A STIPEND PAID TO HER RELIGIOUS COMMUNITY. THE SALARY FOR THE PRINCIPAL IS SET BY THE PRESIDENT IN CONSULTATION WITH THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE SALARY FOR THE CURRENT PRESIDENT IS SET BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E GRADUATE SUPPORT: PROGRAM SERVICE EXPENSES 42,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,803. OTHER SUPPORT COSTS: PROGRAM SERVICE EXPENSES 16,138. MANAGEMENT AND GENERAL EXPENSES 18,131. FUNDRAISING EXPENSES 334. TOTAL EXPENSES 34,603. SUPPLIES: PROGRAM SERVICE EXPENSES 23,987. MANAGEMENT AND GENERAL EXPENSES 1,259. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,246. PROGRAMS: PROGRAM SERVICE EXPENSES 23,329. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,329. TEACHING MATERIALS: PROGRAM SERVICE EXPENSES 21,502. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,502. FAMILY ASSISTANCE: PROGRAM SERVICE EXPENSES 20,178. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,178. MEALS: PROGRAM SERVICE EXPENSES 15,867. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,867. CONTINGENCY FUNDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,850. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,850. BOARD EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,414. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,414. SPORTS EQUIPMENT AND FEES: PROGRAM SERVICE EXPENSES 4,366. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,366. TEXTBOOKS: PROGRAM SERVICE EXPENSES 2,784. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,784. COVID EQUIPMENT & SUPPLIES: PROGRAM SERVICE EXPENSES 43. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NEITHER CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE YEAR.