2023-12-05T09:40:47-06:00 2023-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2022-07-01 043733010 LA SALLE ACADEMY LASA 2157395804 1434 N SECOND STREET PHILADELPHIA PA 191223802 MARIA WALKER PRESIDENT 2157395804 2023-11-20 1 MARIA WALKER 999009999 1 DAVID J GILL JR P00935081 8567225300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARIA WALKER 1434 N 2ND STREET PHILADELPHIA PA 19122 4837320 0 X HTTP://WWW.LASALLEACADEMY.NET/ X 2003 PA PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY, AND SOCIALLY AT RISK CHILDREN. 35 34 19 0 0 0 2689538 2826514 13891 9232 371421 177601 117570 488019 3192420 3501366 0 0 0 0 1083672 1216170 0 0 265939 463287 773443 1546959 1989613 1645461 1511753 13436425 15464502 0 0 13436425 15464502 PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN IN GRADES THREE THROUGH EIGHT. 0 0 1414172 9232 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. 1414172 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 19 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 34 1 0 0 0 0 0 0 1 1 0 1 1 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 BR JOHN MCGOLDRICK 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 EUGENE P HUGHES JR MD TRUSTEE 1.00 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 HASSON 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 OLIVER EVANS 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 103355 0 0 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 0 0 0 BR JOSEPH MAHON FSC TRUSTEE 1.00 X 0 0 0 TIMOTHY WOOLLEY TRUSTEE 1.00 X 0 0 0 103355 0 0 1 0 0 0 0 2826514 120490 2826514 TUITION AND FEES 900099 9232 9232 9232 169643 169643 1191831 1183873 7958 7958 7958 640100 152081 488019 488019 3501366 9232 0 665620 X 103355 103355 880717 570600 154789 155328 162054 116093 17893 28068 70044 50178 7734 12132 11000 11000 79400 78400 1000 120043 108039 12004 19168 17251 1917 REPAIRS 108716 97844 10872 OTHER SUPPORT COSTS 82704 16315 66012 377 FUNDRAISING 70034 70034 NURSE AND HEALTH SERVIC 66522 66522 215856 189575 26281 1989613 1414172 309502 265939 350 51 1493690 2583610 120000 0 4848598 842673 4046233 4005925 7776152 8872975 1941 13436425 15464502 0 0 X 10754375 12541530 2682050 2922972 13436425 15464502 13436425 15464502 1511753 516324 0 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 2634459 244900 2879359 3097462 -463003 2634459 2539852 557610 3097462 2515887 23965 2539852 2371938 143949 2515887 0.65270 0.34730 0 0 60419 60419 4578856 633350 3945506 187881 187881 0 21442 21442 0 4005925 X 4334282 516324 164511 152081 832916 3501366 0 3501366 2306205 164511 152081 316592 1989613 0 1989613 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, 2023 AND 2022, $-0- AND $154,874, RESPECTIVELY, WAS WITHDRAWN FROM THE ENDOWMENT AS PERMITTED BY THE AGREEMENT. AT JUNE 30, 2023, A CUMULATIVE TOTAL OF $396,565 HAS BEEN WITHDRAWN FROM THE ENDOWMENT. 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, 2020. 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 198150 198150 65586 20TH ANNIVERSARY GALA 441950 441950 86495 640100 640100 152081 152081 488019 X OTHER SUPPLIES AND MATERIALS 2 88248 FAIR VALUE X TEACHING MATERIALS 1 32242 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. 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 UTILITIES: PROGRAM SERVICE EXPENSES 39,108. MANAGEMENT AND GENERAL EXPENSES 4,345. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,453. PROGRAMS: PROGRAM SERVICE EXPENSES 37,841. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,841. TEACHING MATERIALS: PROGRAM SERVICE EXPENSES 36,524. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,524. GRADUATE SUPPORT: PROGRAM SERVICE EXPENSES 35,604. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,604. SUPPLIES: PROGRAM SERVICE EXPENSES 17,605. MANAGEMENT AND GENERAL EXPENSES 1,153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,758. CONTINGENCY FUNDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,050. MEALS: PROGRAM SERVICE EXPENSES 10,438. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,438. COVID EQUIPMENT & SUPPLIES: PROGRAM SERVICE EXPENSES 7,067. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,067. SPORTS EQUIPMENT AND FEES: PROGRAM SERVICE EXPENSES 3,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,125. BOARD EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,733. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,733. TEXTBOOKS: PROGRAM SERVICE EXPENSES 2,263. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,263. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE YEAR.