2021-01-07T13:20:45-06:00 2020-06-30 471352305 O'CONNELL & COMPANY LLC 165 TOWNSHIP LINE RD STE 1100 JENKINTOWN PA 19046 990 2019-07-01 454720688 PHILADELPHIA INDEPENDENT MISSION SCHOOLS PHIL 6102005100 1012 W THOMPSON STREET PHILADELPHIA PA 19405 BRIAN MCELWEE CHAIRMAN 6102005100 2020-01-06 true TERENCE M O'CONNELL P01436232 2158874425 2021-01-07 2019 2022-09-23 18:48:47Z INDEPENDENCE MISSION SCHOOLS BRUCE ROBINSON C/O 640 FREEDOM BUSINESS CENTER DR SUITE 115 KING OF PRUSSIA PA 19406 29228370 false X WWW.INDEPENDENCEMISSIONSCHOOLS.ORG X 2012 PA INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. 17 14 702 85 0 20791565 17464694 14931892 11492584 20762 9476 283416 139103 36027635 29105857 3173524 2006477 0 21815281 19472210 0 798444 7276651 5422990 32265456 26901677 3762179 2204180 23909731 29413076 4757111 7740164 19152620 21672912 X INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. false false 23528720 2006477 11492584 JUNE OF 2020 MARKS THE END OF IMS SEVENTH OPERATING SCHOOL YEAR. IMS HAS MADE SIGNIFICANT INVESTMENTS BUILDING THE ACADEMIC STRUCTURE NEEDED TO DRIVE TOWARD OUTSTANDING CATHOLIC ELEMENTARY SCHOOL RESULTS. EXAMPLES OF THE GROUNDWORK LAID TO BECOME A HIGH-PERFORMING NETWORK INCLUDE: NETWORK- WIDE IMPLEMENTATION OF A RESEARCH-BASED MATH CURRICULUM (EUREKA), SELECTION OF A NEW ENGLISH LANGUAGE ARTS CURRICULUM FOR EARLY IMPLEMENTATION IN FALL 2020,IMPLEMENTING A SOUND PLAN FOR TEACHER DEVELOPMENT AND COACHING, EMBRACING A CULTURE OF DATA DRIVEN INSTRUCTION. 23528720 true true false false false false false false false false true false false true true true true false false false false false false false true false false false true true true false false false false false false false true false true true false false false false false false false false true 81 0 true 702 true false false false false false false false false false false false false false false X 17 14 true false false false false false false true true false false true true true true true false true false false PA X X X BRUCE ROBINSON 6102005100 C/O 640 FREEDOM BUSINESS CENTER DR SUITE 115 KING OF PRUSSIA PA 19406 BRUCE ROBINSON CEO AND PRES 40.00 X 264808 0 14502 GREGORY VINCENT CHIEF ACADEM 40.00 X 155000 0 7750 MARY DOYLE COO 40.00 X 115192 0 11906 KATHLEEN HARBAUGH CONTROLLER 40.00 X 111100 0 7654 ROBERT JULIANI FACILITIES D 40.00 X 100863 0 4770 JOHN CAVANAGH FORMER BOARD X 0 0 0 ANTHONY CELLUCCI BOARD MEMBER 2.00 X 0 0 0 BILL CURTIS BOARD MEMBER 1.00 X 0 0 0 JACK DONNELLY EMERITUS DIR 0.00 X 0 0 0 JACK DONNELLY FORMER BOARD X 0 0 0 JOHN FIGGE BOARD MEMBER 0.00 X 0 0 0 BISHOP MICHAEL J FITZGERALD BOARD MEMBER 1.00 X 0 0 0 KATHY FRIEL BOARD MEMBER 19.00 X 0 0 0 DAVID P HARDY BOARD MEMBER 0.00 X 0 0 0 LORIE HOWLEY EMERITUS DIR 0.00 X 0 0 0 MICHAEL S JACKSON BOARD MEMBER 1.00 X 0 0 0 BROTHER RICHARD KESTLER BOARD MEMBER 0.00 X 0 0 0 BRIAN MCELWEE CHAIRMAN 10.00 X X 0 0 0 ANNE MCGOLDRICK FORMER BOARD X 0 0 0 RICHARD NOURIE EMERITUS DIR 0.00 X 0 0 0 MARIS A OGG BOARD MEMBER 3.00 X 0 0 0 KEN PHELAN BOARD MEMBER 6.00 X 0 0 0 DANIEL PICKENS BOARD MEMBER 1.00 X 0 0 0 MICHAEL PIOTROWICZ BOARD MEMBER 4.00 X 0 0 0 MARC S RICHMAN BOARD MEMBER 0.00 X 0 0 0 JOSEPH T STAPLETON SECRETARY 6.00 X X 0 0 0 MICHAEL STEPHANO BOARD MEMBER 0.00 X 0 0 0 GERARD H SWEENEY EMERITUS DIR 0.00 X 0 0 0 MICHAEL F YOUNG BOARD MEMBER 4.00 X 0 0 0 746963 46582 6 false true false UNITED HEALTHCARE C/O JP MORGAN CHASE ATTN 22703 131 S DEARBOR CHICAGO IL 60603 HEALTH INS 1666036 BC BUILDING COMPANY LLC 127 LILLIAN AVE SICKLERVILLE NJ 08081 CONSTRUCTION 646070 TADS 110 N 5TH STREET 2ND FLOOR MINNEAPOLIS MN 55403 TUITION MGMT 313814 VALLEY FORGE INVESTMENT CORP 120 S WARNER ROAD SUITE 200 KING OF PRUSSIA PA 19406 ACCOUNTING SERV 291275 PORTER AND CURTIS 225 STATE ROAD MEDIA PA 19063 INSURANCE 273862 15 17464694 859899 17464694 TUITION 611600 10664847 10664847 OTHER SCHOOL INCOME 611600 827737 827737 11492584 9476 9476 261616 122513 139103 139103 29105857 11492584 148579 2006477 2006477 435853 247836 115703 72314 16170176 14037873 1671226 461077 343535 301033 41073 1429 1445082 1296222 143719 5141 1077564 953025 117669 6870 63772 63772 36600 36600 37140 120 1240 35780 108431 17092 91339 690358 676676 13682 71583 71583 515680 502835 12845 622794 592771 29122 901 SUPPLIES/ACTIVITIES/EQUIP 1778687 1490034 110128 178525 REPAIRS AND MAINTENANCE 843373 835852 6451 1070 TUITION MANAGEMENT FEES 261124 261124 PAYROLL PREPARATION FEES 140246 117688 22558 253202 120479 97386 35337 26901677 23528720 2574513 798444 512584 1720529 4243606 8331606 10101594 9182590 228858 70283 9723670 2280402 6123364 7443268 100877 104127 2598848 2560673 23909731 29413076 2315107 1538719 80469 62916 2271035 2197573 3876956 90500 64000 4757111 7740164 X 14560125 16214298 4592495 5458614 19152620 21672912 23909731 29413076 2204180 316112 X false true X true false X 16705900 19145457 15807152 20791565 17464694 89914768 16705900 19145457 15807152 20791565 17464694 89914768 7925909 81988859 11090 14254 18290 20762 9476 73872 412575 395844 261616 1070035 91058675 41412102 0.90040 0.87400 X PART II, LINE 10 OTHER INCOME 808,419 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 224051 224051 6184925 500973 5683952 1491058 446169 1044889 1744957 1255887 489070 78679 77373 1306 7443268 BENEFICIAL INTEREST IN ASSETS OF OTH 2474885 PREPAID EXPENSES 85788 2560673 FUNDS HELD FOR OTHERS 64000 64000 X 27415492 316112 -2006477 -1690365 29105857 29105857 24895200 24895200 2006477 2006477 26901677 SCHEDULE D, PAGE 3, PART X IMS IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. IMS HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. IMS HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D FINANCIAL AID -2,006,477 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 2,006,477 SCHOOL FUNDRAIS 175492 175492 112712 SPECIAL EVENTS 86124 86124 9801 261616 261616 122513 122513 139103 true FINANCIAL AID 4262 2006477 FMV FINANCIAL AID false false false false false false false false false BRUCE ROBINSON CEO AND PRESIDENT 264808 14502 279310 GREGORY VINCENT CHIEF ACADEMIC OFFIC 155000 7750 162750 A UPPER DARBY INDUSTRIAL DEVELOPMENT 2016-12-28 2485000 CONSTRUCTION PROJECT false false false A 100701 2485000 44711 2440289 false false true true A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION UPPER DARBY INDUSTRIAL DEVELOPMENT CONSTRUCTION PROJECT PORTER & CURTIS BOARD MEMBER 273862 INSURANCE false BRANDYWINE REALTY EMERITUS BM 1957 RENT false BEACON INSURANCE BOARD MEMBER 1666036 INSURANCE false VALLEY FORGE INVESTMENT CO BOARD PRESIDENT 291275 ACCOUNTING SERVICES false SCHEDULE L, PART V WILLIAM CURTIS, BOARD MEMBER, IS AN OWNER OF PORTER & CURTIS LLC WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. GERALD SWEENEY, EMERITUS BOARD MEMBER, SERVES AS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF BRANDYWINE REALTY TRUST. BRANDYWINE REALTY TRUST LEASES OFFICE SPACE TO INDEPENDENCE MISSION SCHOOLS. ANTHONY CELLUCCI, BOARD MEMBER, IS EMPLOYED BY BEACON INSURANCE GROUP WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. BRIAN MCELWEE, BOARD PRESIDENT, IS AN OWNER OF VALLEY FORGE INVESTMENT COMPANY. VALLEY FORGE INVESTMENT COMPANY PROVIDES ACCOUNTING SERVICES TO INDEPENDENCE MISSION SCHOOLS. X 859899 MARKET VALUE false true false FORM 990 - ORGANIZATION'S MISSION INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 2 KATHY FRIEL BRIAN MCELWEE CFO BOARD PRESID BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AND RECOMMENDS TO THE BOARD OF DIRECTORS THAT IT BE APPROVED. A DRAFT OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY CONFLICTS AND REVIEWS NEW VENDORS AND PROVIDERS WITH EXISTING DISLOSURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS AND APPROVES COMPENSATION ADJUSTMENTS FOR THE PRESIDENT AND THE CHIEF FINANCIAL OFFICER. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.