SCHOOL FACILITY DEVELOPMENT INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: SCHOOL FACILITY DEVELOPMENT INC (EIN 20-0399601)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-02-03
IRS object ID: 202010349349300411
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule K
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-02-03T11:47:11-08:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Hosack Specht Muetzel & Wood	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 Penn Center West Suite 326	AddressLine1Txt
City	Pittsburgh	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15276	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200399601	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	School Facility Development Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SCHO	BusinessNameControlTxt
Phone	4124783132	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	444 Liberty Ave Four Gateway Ctr	AddressLine1Txt
City	Pittsburgh	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15222	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Larry S McKee	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	4124783132	PhoneNum
Signature	2020-02-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Peter J Vancheri	PreparerPersonNm
PTIN	P00345119	PTIN
Phone	4123439200	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	98.236.47.28	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-02-03	IPDt
IP Tm	11:47:01	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	A8FDF304E10F81213909029729A2BEFDCED3C772	AtSubmissionCreationDeviceId
At Submission Filing Device Id	06166501B3F7B8F4DC7314757F3A5411F6819539	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-09-23 17:36:50Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Larry S McKee	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	444 Liberty Avenue Suite 2200	AddressLine1Txt
City	Pittsburgh	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15222	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,304,704	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	Rental of school facilities to nonprofit charter schools	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$3,013,058	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,234,111	CYProgramServiceRevenueAmt
PY Investment Income	$44,351	PYInvestmentIncomeAmt
CY Investment Income	$70,593	CYInvestmentIncomeAmt
PY Other Revenue	$196	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,057,605	PYTotalRevenueAmt
CY Total Revenue	$3,304,704	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,519,649	PYOtherExpensesAmt
CY Other Expenses	$2,651,239	CYOtherExpensesAmt
PY Total Expenses	$2,519,649	PYTotalExpensesAmt
CY Total Expenses	$2,651,239	CYTotalExpensesAmt
PY Revenues Less Expenses	$537,956	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$653,465	CYRevenuesLessExpensesAmt
Total Assets BOY	$36,266,459	TotalAssetsBOYAmt
Total Assets EOY	$39,203,954	TotalAssetsEOYAmt
Total Liabilities BOY	$33,140,207	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$35,424,237	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,126,252	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,779,717	NetAssetsOrFundBalancesEOYAmt
Mission	Rental of school facilities to nonprofit charter schools	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$2,651,239	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$3,304,704	RevenueAmt
Desc	Rental of school facilities to nonprofit charter schools	Desc
Total Program Service Expenses	$2,651,239	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Larry McKee	PersonNm
Phone	4127368578	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	444 Liberty Avenue Suite 2200	AddressLine1Txt
City	Pittsburgh	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15222	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
Bernie Carter
Resigned 12/31/18	1.00	Yes (X)	$0	$0	$0
John Axtell
Resigned 04/30/19	1.00	Yes (X)	$0	$0	$0
Pete Licastro
Member	1.00	Yes (X)	$0	$0	$0
Paul Anselmo
Vice President	1.00	Yes (X)	$0	$0	$0	Yes (X)
Lacee Ecker
President	1.00	Yes (X)	$0	$0	$0	Yes (X)
Jose Raymundo
Vice President (Joined 01/01/19)	1.00	Yes (X)	$0	$0	$0	Yes (X)
Rick Swartz
Treasurer (Joined 01/01/19)	1.00	Yes (X)	$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Rent of bldgs to non profit Charter Schools	Desc
Business	611710	BusinessCd
Total Revenue Column	$3,234,111	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,234,111	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$70,593	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$70,593	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,304,704	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,234,111	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$70,593	ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$18,000	TotalAmt
Program Services	$18,000	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$19,778	TotalAmt
Program Services	$19,778	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$6,855	TotalAmt
Program Services	$6,855	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,720,935	TotalAmt
Program Services	$1,720,935	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$884,557	TotalAmt
Program Services	$884,557	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,114	TotalAmt
Program Services	$1,114	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,651,239	TotalAmt
Program Services	$2,651,239	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$794,081	BOYAmt
EOY	$788,260	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$41,366,255	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,738,776	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$30,945,720	BOYAmt
EOY	$33,627,479	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,526,658	BOYAmt
EOY	$4,788,215	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$36,266,459	BOYAmt
EOY	$39,203,954	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,541,048	BOYAmt
EOY	$1,242,010	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$4,310,826	BOYAmt
EOY	$3,839,576	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$22,755,000	BOYAmt
EOY	$22,155,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$3,533,333	BOYAmt
EOY	$8,187,651	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$33,140,207	BOYAmt
EOY	$35,424,237	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,126,252	BOYAmt
EOY	$3,779,717	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,126,252	BOYAmt
EOY	$3,779,717	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$36,266,459	BOYAmt
EOY	$39,203,954	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$653,465	ReconcilationRevenueExpnssAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind
Other Support Sum	$0	OtherSupportSumAmt
Public Support CY170	0	PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,079,167	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,990,716	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,992,633	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,013,058	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,234,111	CurrentTaxYearAmt
Total	$15,309,685	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,079,167	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,990,716	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,992,633	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,013,058	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,234,111	CurrentTaxYearAmt
Total	$15,309,685	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$15,309,685	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$121,409	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,422	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$29,443	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$44,547	CurrentTaxYearMinus1YearAmt
Current Tax Year	$70,593	CurrentTaxYearAmt
Total	$329,414	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$121,409	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,422	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$29,443	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$44,547	CurrentTaxYearMinus1YearAmt
Current Tax Year	$70,593	CurrentTaxYearAmt
Total	$329,414	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Total	$15,639,099	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.97890	PublicSupportCY509Pct
Public Support PY509	0.97560	PublicSupportPY509Pct
Investment Income CY	0.02110	InvestmentIncomeCYPct
Investment Income PY	0.02440	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$1,841,934	OtherCostOrOtherBasisAmt
Book Value	$1,841,934	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$33,122,855	OtherCostOrOtherBasisAmt
Depreciation	$7,738,776	DepreciationAmt
Book Value	$25,384,079	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,401,466	OtherCostOrOtherBasisAmt
Book Value	$6,401,466	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$33,627,479	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
Capitalized bond costs net of amortization	$708,044
Bond discount net of amortization	$119,395
Restricted cash & investments	$3,960,776

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$4,788,215	TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt	$3,304,704	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$3,304,704	RevenueSubtotalAmt
Total Revenue Per Form990	$3,304,704	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,651,239	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$2,651,239	ExpensesSubtotalAmt
Total Expenses Per Form990	$2,651,239	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt XI, Line 2d	Rental expenses on real property offset against the rental income on 990
Pt XII, Line 2d	Rental expenses on real property offset against the rental income on 990

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Allegheny Cnty PA Indl Dev Auth
A	251269117	01730CAG3	2010-08-05	$1,740,000	Charter Sch.Rev.Bonds-East	false	Yes (true)	false
Allegheny Cnty PA Indl Dev Auth
B	251269117	01730CAH1	2010-08-05	$2,330,000	Charter Sch.Rev.Bonds-East	false	Yes (true)	false
Allegheny Cnty PA Indl Dev Auth
C	251269117	01730CAJ7	2013-05-30	$2,535,000	Charter Sch.Rev.Bonds-Sunrise	false	Yes (true)	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	In Reserve FundInReserveFundAmt	Capital ExpendituresCapitalExpendituresAmt
A	$1,740,000	$45,417	$1,694,583	Yes (true)	false	Yes (true)	Yes (true)
B	$2,330,000	$60,818	$2,269,182	Yes (true)	false	Yes (true)	Yes (true)
C	$2,535,000	$103,219		false	false	Yes (true)	Yes (true)	$195,381	$2,236,400

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Allegheny Cnty PA Indl Dev Auth
A	251269117	01730CAK4	2013-05-30	$8,810,000	Charter Sch. Rev.Bonds-Sunrise	false	Yes (true)	false
Allegheny Cnty PA Indl Dev Auth
B	251269117	01730CAD0	2010-08-05	$5,815,000	Charter Sch. Rev.Bonds-Montour	false	Yes (true)	false
Allegheny Cnty PA Indl Dev Auth
C	251269117	01730CAE8	2010-08-05	$1,820,000	Charter Sch. Rev.Bonds-McKeesp	false	Yes (true)	false
Allegheny Cnty PA Indl Dev Auth
D	251269117	01730CAF5	2010-08-05	$2,435,000	Charter Sch. Rev.Bonds-McKeesp	false	Yes (true)	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Other Spent ProceedsOtherSpentProceedsAmt
A	$8,810,000	$679,017	$358,722	$7,772,261	2013	false	false	Yes (true)	Yes (true)
B	$5,815,000		$151,185	$5,663,815	2010	false	false	Yes (true)	Yes (true)
C	$1,820,000		$46,867		2010	Yes (true)	false	Yes (true)	Yes (true)	$1,773,133
D	$2,435,000		$62,704		2010	Yes (true)	false	Yes (true)	Yes (true)	$2,372,296

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 19	Upon request, the organization provides a copy to the entity requesting the information.
Pt XII, Line 2c	The Board as a whole oversees the audit.
Pt VI, Line 11b	The form 990 is reviewed by the CFO and Board Treasurer of the organization.
Pt VI, Line 12c	The Board requires each member to complete annually the conflicts of disclosrue form. In addition each member is required to notify the President of the Board if they become aware of any information that requires discloure. The Board monitors the return of all forms and ensures all members are complying with the policy.