2020-12-11T08:19:44-06:00 2020-06-30 232653765 ST CLAIR CPAS PC 28 S CENTRE STREET MERCHANTVILLE NJ 08109 990 2019-07-01 264265665 TACONY ACADEMY CHARTER SCHOOL TACO 2157433100 1330 RHAWN STREET PHILADELPHIA PA 19111 THOMAS SCHEID CEO/PRINCIPAL 2157433100 2020-12-09 1 BRIAN D DIMATTESA CPA P00521144 8564825600 2020-12-09 2019 2022-09-23 18:48:47Z THOMAS SCHEID 1330 RHAWN STREET PHILADELPHIA PA 19111 16576515 0 X WWW.AP-SCHOOLS.ORG/TACONYACADEMY.ASPX X CHARTER SCHOOL 2007 PA TO ENHANCE, SUPPORT, AND PROMOTE CREATIVE AND CRITICAL THINKING AS WELL AS THE PROBLEM SOLVING SKILLS OF SCHOOL-AGE LEARNERS IN THE MAKING OF ORIGINAL INVENTIONS AS AMAZING SOLUTIONS TO PUZZLING PROBLEMS WHILE MASTERING PENNSYLVANIA AND NATIONAL STANDARDS. THE SCHOOL'S MISSION ALSO EXTENDS TO NURTURING A LOVE, RESPECT, AND APPRECIATION FOR LIFE LONG LEARNING. THE CHARTER SCHOOL'S ENROLLMENT IS FROM K THROUGH 12. 7 7 138 0 0 0 2341052 2028660 13582673 14397957 1200 34414 104936 115484 16029861 16576515 0 0 0 0 8519688 9002860 0 0 0 7500772 7509677 16020460 16512537 9401 63978 9047598 9385390 16829672 17103479 -7782074 -7718089 X TO ENHANCE, SUPPORT, AND PROMOTE CREATIVE AND CRITICAL THINKING AS WELL AS THE PROBLEM SOLVING SKILLS OF SCHOOL-AGE LEARNERS IN THE MAKING OF ORIGINAL INVENTIONS AS AMAZING SOLUTIONS TO PUZZLING PROBLEMS WHILE MASTERING PENNSYLVANIA AND NATIONAL STANDARDS. THE SCHOOL'S MISSION ALSO EXTENDS TO NURTURING A LOVE, RESPECT, AND APPRECIATION FOR LIFE LONG LEARNING. 0 0 11732751 14547855 TACONY ACADEMY REACHED ITS FULL CONFIGURATION OF GRADES K-12 WITH 1,075 STUDENTS. THE SCHOOL WAS AT FULL ENROLLMENT WITH A SIGNIFICANT WAIT LIST THROUGHOUT THE YEAR. 11732751 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 138 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SANTILLI & THOMSON LLC 8565051300 FOUR GREENTREE CENTRE 601 ROUTE 73 MARLTON NJ 08053 BARBARA SAUNDERS PRESIDENT 2.00 X 0 0 0 JENNIFER RAGEN VICE PRESIDENT 2.00 X 0 0 0 ANITA VEGA-KAISER SECRETARY 2.00 X 0 0 0 KELLY LORAH TREASURER 2.00 X 0 0 0 SANDRA FARMER MEMBER 2.00 X 0 0 0 DR RONALD W WHITAKER II MEMBER 2.00 X 0 0 0 LIONEL ARCHER JR MEMBER 2.00 X 0 0 0 THOMAS SCHEID CEO 40.00 X 149572 0 51258 149572 0 51258 1 0 1 0 AMERICAN PARADIGM SCHOOLS 8101 CASTOR AVENUE PHILADELPHIA PA 19152 MANAGEMENT SERVICES 997471 INDEPENDENCE BLUE CROSS 1901 MARKET STREET PHILADELPHIA PA 19178 INSURANCE SERVICES 936420 MASCHIO'S FOOD SERVICE INC 525 E MAIN ST CHESTER NJ 07930 FOOD SERVICE 533225 R&A PERSONAL TOUCH CLEANING SERVICE INC 618 MAPLE AVE PHILADELPHIA PA 19116 CLEANING SERVICES 250000 SANTILLI & THOMPSON LLC 601 ROUTE 73 N SUITE 302 MARLTON NJ 08053 BUSINESS MANAGEMENT 141884 5 1975003 53657 2028660 SCHOOL DISTRICT REVENUE 611110 14397067 14397067 FOOD SERVICE REVENUE 611110 890 890 14397957 34414 34414 CHILD CARE FEES 900099 80780 80780 MISCELLANEOUS REVENUE 900099 34704 34704 115484 16576515 14547855 0 0 149572 149572 6007251 4557443 1449808 1186766 845294 341472 1151426 942448 208978 507845 376334 131511 1003515 1003515 114695 114695 28905 28905 595025 212698 382327 7170 7170 261798 64691 197107 3504222 3125527 378695 5950 5950 9368 9368 1864 1864 149832 93047 56785 149849 27301 122548 TUITION 585659 585659 FOOD SERVICE EXPENSES 497643 497643 BOOKS AND PERIODICALS 224701 211880 12821 TRANSPORTATION 142498 142498 226983 50288 176695 16512537 11732751 4779786 0 5124387 5065381 439265 423501 89682 309932 838276 699734 61937 180339 1145955 351881 609294 794074 1884757 1912429 9047598 9385390 362244 638979 59258 61455 42061 28746 16366109 16374299 16829672 17103479 X -7782074 -7718089 -7782074 -7718089 9047598 9385390 X 63978 7 X X 0 1 X 1 1 1 X 565553 119400 446153 399845 132850 266995 180557 99631 80926 794074 DEFERRED OUTFLOWS OF RESOURCES 1912429 1912429 NET PENSION LIABILITY 12912000 DEFERRED INFLOWS OF RESOURCES 707000 DUE TO STUDENT GROUPS 11372 DEFERRED RENT 826188 ACCRUED SALARIES AND BENEFITS 1330739 NET OPEB LIABILITY 587000 16374299 X 16576515 0 16576515 0 16576515 16512537 0 16512537 0 16512537 PART X, LINE 2: THE SCHOOL AND THE FOUNDATION ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2020, THE SCHOOL AND THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WAS NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL AND THE FOUNDATION EACH FILE FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2017. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED AT THE BOTTOM OF EACH STUDENT APPLICATION AS WELL AS ANY DOCUMENTS RELEASED TO THE PUBLIC SCHEDULE E, PART I, LINE 6 TACONY ACADEMY CHARTER SCHOOL RECEIVES FEDERAL, STATE, AND LOCAL ASSISTANCE FOR THE OPERATION OF THEIR CHARTER SCHOOL X X 0 0 0 0 0 0 0 0 0 THOMAS SCHEID CEO 147385 0 387 0 1800 0 50538 0 720 0 200830 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS, TOGETHER WITH THEIR FISCAL MANAGERS, REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS FILE A STATEMENT OF FINANCIAL INTEREST ANNUALLY FORM 990, PART VI, SECTION B, LINE 15 BOARD OF TRUSTEES/DIRECTORS APPROVES ALL COMPENSATION. THE BOARD OF DIRECTORS USES COMPARABLE STATE AND LOCAL SALARY RANGES WHEN DETERMINING COMPENSATION FOR THE SCHOOL'S EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AS WELL AS ON ITS WEBSITE AND GUIDESTAR. FORM 990, PART XI, LINE 9: ROUNDING 7. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM LAST YEAR. FRANKDORD VALLEY FOUNDATION FOR LITERACY II 4300 TACONY STREET PHILADELPHIA PA 19124 453621984 TO SUPPORT THE TACONY ACADEMY CHARTER SCHOOL PA 501(C)(3) LINE 2 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 FRANKFORD VALLEY FOUNDATION FOR LITERACY II K 2865098 RENTS PAID FRANKFORD VALLEY FOUNDATION FOR LITERACY II D 29455000 LOAN GUARANTEE FRANKFORD VALLEY FOUNDATION FOR LITERACY II E 699734 LOAN BALANCE AMERICAN PARADIGM SCHOOLS M 1003515 ACTUAL PAYMENTS