2023-05-15T09:33:17-05:00 2022-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2021-07-01 010818965 DEMEDICI CORPORATION DEME 8565051300 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 JAVIER KUEHNLE PRESIDENT 8565051300 2023-05-04 1 JAVIER KUEHNLE XXX-XX-XXXX DAVID J GILL JR P00935081 8567225300 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JAVIER KUEHNLE 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 941552 0 X N/A X 2004 PA TO OWN AND LEASE SCHOOL FACILITIES TO NOT-FOR-PROFIT SCHOOLS 3 0 0 5 0 0 0 0 832039 941374 650 178 0 0 832689 941552 0 0 0 0 0 0 0 0 0 299872 429005 299872 429005 532817 512547 11155927 15444604 5819816 9595946 5336111 5848658 TO OWN AND LEASE SCHOOL FACILITIES TO NOT-FOR-PROFIT SCHOOLS 0 0 382086 941374 THE ORGANIZATION LEASES PROPERTY TO PHILADELPHIA PERFORMING ARTS A STRING THEORY CHARTER SCHOOL, A NOT-FOR-PROFIT ENTITY (EIN 23-3040987) 382086 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X SANTILLI & THOMSON LLC 8565051300 601 ROUTE 73 NORTH MARLTON NJ 08053 X KRISTA ALEXANDER SECRETARY 1.00 X X 0 0 0 JAVIER KUEHNLE PRESIDENT 1.00 X X 0 0 0 RONALD PIGLIACELLI VICE PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 BSI CONSTRUCTION LLC 735 BIRCH AVENUE BENSALEM PA 19020 CONSTRUCTION SERVICES 4075899 1 BUILDING RENTAL 531120 941374 941374 941374 178 178 941552 941374 0 178 17424 17424 14831 14831 12500 12500 1150 1150 14 14 349608 349608 32478 32478 BANK CHARGES 1000 1000 429005 382086 46919 0 162436 213395 10427 0 2985 66655 12774850 1357434 7678762 11417416 3301317 3747138 11155927 15444604 9660 3218 2361111 5810156 7231617 5819816 9595946 X 5336111 5848658 5336111 5848658 11155927 15444604 512547 0 X X 0 1 X 1 0 X X 1 PHILADELPHIA PERFORMING ARTS A STRING THEORY CHARTER SCHOOL 233040987 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 12774850 1357434 11417416 11417416 DUE FROM RELATED PARTY 3747138 3747138 DUE TO RELATED PARTY 7231617 7231617 X 941552 0 941552 0 941552 429005 0 429005 0 429005 PART X, LINE 2: THE COMPANY 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 COMPANY AS TAX-EXEMPT. THE COMPANY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. THE COMPANY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COMPANY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2021, 2020, AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. SCH D, PAGE 3, PART X THE COMPANY 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 COMPANY AS TAX-EXEMPT. THE COMPANY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. THE COMPANY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COMPANY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2020, 2019, AND 2018 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 SANTILLI & THOMSON LLC PROCESSES ACCOUNTS PAYABLE, PREPARES BUDGETS AND FINANCIAL STATEMENTS AND ASSISTS WITH THE ANNUAL AUDITS AND TAX RETURNS FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES WILL REVIEW WITH THE BUSINESS MANAGER PRIOR TO FILING THE FORM 990 FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON AN ANNUAL BASIS FOR ANY POTENTIAL CONFLICTS FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION HAS A COMMITTEE ON THE BOARD WHO REVIEWS AND EVALUATES THE COMPENSATION OF ALL EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED THE PRIOR YEAR. DEMEDICI II CORPORATION 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 454520956 LEASE PA 501(C)(3) LINE 12A, I N/A 0 PHILADELPHIA PERFORMING ARTS A STRING THEORY CHARTER SCHOOL 1600 VINE STREET PHILADELPHIA PA 19102 233040989 SCHOOL PA 501(C)(3) LINE 2 N/A 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 PHILADELPHIA PERFORMING ARTS A STRING THEORY CHARTER SCHOOL J 941374 ACTUAL DEMEDICI II CORPORATION R 3747138 ACTUAL DEMEDICI II CORPORATION D 51210000 OUTSTANDING BALANCE PHILADELPHIA PERFORMING ARTS A STRING THEORY CHARTER SCHOOL E 51210000 OUTSTANDING BALANCE DEMEDICI II CORPORATION S 7231617 ACTUAL