2020-05-15T15:18:32-05:00 2019-06-30 232653765 ST CLAIR CPAS PC 28 S CENTRE STREET MERCHANTVILLE NJ 08109 990 2018-07-01 233060261 INDEPENDENCE CHARTER SCHOOL INDE 2152388000 1600 LOMBARD STREET PHILADELPHIA PA 19146 TANYA RULEY-MAYO CEO 2152388000 2020-05-12 1 BRIAN D DIMATTESA CPA P00521144 8564825600 2020-05-12 50.235.182.114 2020-05-12 09:23:15 ED P D61B5A8EBC7E67EA31B054061E1BFB1107DD9512 FEB197D719F4787D3E4F7F06739798226689E03C 2018 2021-01-29 14:40:06Z TANYA RULEY-MAYO 1600 LOMBARD STREET PHILADELPHIA PA 19146 12778304 0 X WWW.INDEPENDENCECHARTER.ORG X 2001 PA THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, COMMUNITIES, AND FAMILIES. 17 17 149 250 0 0 1603689 1832008 9160123 10395188 17311 61119 390116 489989 11171239 12778304 0 0 0 0 6862402 6771898 0 0 0 3796887 4569146 10659289 11341044 511950 1437260 9149621 9526474 17129376 16068965 -7979755 -6542491 X THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES. 0 0 8718153 10946296 THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES. 8718153 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 33 0 1 149 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X SANTILLI & THOMSON LLC 8565051300 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 JO TIONGSON-PEREZ PARENT SEAT 1.00 X 0 0 0 RACHEL SALIS-SILVERMAN TRUSTEE 1.00 X 0 0 0 SHARON BERNEY TRUSTEE 1.00 X 0 0 0 MAUREEN EAGEN PRESIDENT 1.00 X 0 0 0 JAMILL JONES PARENT SEAT 1.00 X 0 0 0 HARRY MOSELEY TREASURER 1.00 X 0 0 0 KRISTA PFEIFFER SECRETARY 1.00 X 0 0 0 CAMILO DOMINGUEZ TRUSTEE 1.00 X 0 0 0 ALLISON KELSEY TREASURER 1.00 X 0 0 0 MICHELE LAMM TRUSTEE 1.00 X 0 0 0 MEHREEN ZAMAN VICE PRESIDENT 1.00 X 0 0 0 VIRGIL SHEPPARD TRUSTEE 1.00 X 0 0 0 ELEANOR SHARPE TRUSTEE 1.00 X 0 0 0 JAMILA DUGAN TRUSTEE 1.00 X 0 0 0 RACHEL HUDSON TRUSTEE 1.00 X 0 0 0 TIMOTHY SPREITZER TRUSTEE 1.00 X 0 0 0 GINA MOSELY TRUSTEE 1.00 X 0 0 0 TANYA RULEY-MAYO CEO 40.00 X 17488 0 9285 KRISTEN LONG INTERIM CEO/PRINCIPAL 40.00 X 140601 0 55315 158089 0 64600 1 1 1 0 AETNA PO BOX 775392 CHICAGO IL 606775392 MEDICAL INSURANCE 672762 LINTON'S MANAGED SERVICES 4 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 FOOD SERVICES 389996 DELTA-T GROUP PO BOX 884 BRYN MAWR PA 19010 PROFESSIONAL SERVICES 264693 PEDIATRIC THERAPEUTIC SERVICE 525 FAYETTE STREET CONSHOHOCKEN PA 19428 PROFESSIONAL SERVICES 160314 THE GREEN TREE SCHOOL & SERVICE 1196 EAST WASHINGTON LANE PHILADELPHIA PA 19138 APPROVED PROVATE SCHOOL 128904 6 1580324 251684 1832008 SCHOOL DISTRICT REVENUE 611110 10293234 10293234 FOOD SERVICE REVENUE 611110 101954 101954 10395188 61119 61119 MANAGEMENT FEE 541610 475000 475000 MISCELLANEOUS REVENUE 900099 14989 14989 489989 12778304 10946296 0 0 209149 209149 4702271 3794028 908243 540936 401753 139183 874298 700545 173753 445244 325389 119855 55060 17497 37563 663 663 1099493 655445 444048 16705 16705 335497 211691 123806 1491789 1304255 187534 86340 40008 46332 9 9 54303 47485 6818 129011 40236 88775 OTHER EXPENSES 575626 536718 38908 FOOD SERVICE EXPENSES 450266 450266 BOOKS & INSTRUCTIONAL 192528 192528 PRINTING AND BINDING 44247 300 43947 37609 37609 11341044 8718153 2622891 0 1996830 1411316 4321092 5036271 341975 476032 53258 5473 133085 99749 2078517 1816613 85584 261904 2217797 2235729 9149621 9526474 164787 289751 149436 115576 16815153 15663638 17129376 16068965 X -7979755 -6542491 -7979755 -6542491 9149621 9526474 X 1437260 4 X X 0 1 X 1 1 1 X 1481442 1418323 63119 597075 398290 198785 261904 DUE FROM INDEPENDENCE CHARTER SCHOOL WEST 7227 DEFERRED OUTFLOWS TO PENSIONS 1616006 OTHER ASSETS 99 DUE FROM WORLDS OF OPPURTUNITY 612397 2235729 ACCRUED SALARIES AND BENEFITS 965749 DEFERRED RENT 15532 DUE TO STUDENT GROUPS 55966 NET PENSION LIABILITY 11857000 DUE TO A LOCAL SCHOOL DISTRICT 71391 DEFERRED INFLOWS RELATED TO PENSIONS 2183000 NET OPEB LIABILITY 515000 15663638 X 12778304 0 12778304 0 12778304 11341044 0 11341044 0 11341044 PART X, LINE 2: THE SCHOOL ACCOUNTS 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 TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF JUNE 30, 2019, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WERE NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2016. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION SCHEDULE E, PART I, LINE 6 CHARTER SCHOOL RECEIVES VARIOUS REVENUES FROM LOCAL SCHOOL DISTRICTS AS WELL AS STATE AND FEDERAL AGENCIES. X 0 0 0 0 0 0 0 0 0 KRISTEN LONG INTERIM CEO/PRINCIPAL 140601 0 0 0 0 0 37208 0 18107 0 195916 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PAID PREPARER PRESENTS THE IRS FORM 990 TO THE BOARD OF TRUSTEES AND EXPLAINS THE FORM TO THEM, THEN ASKS THAT THEY REVIEW THE FORM IN DETAIL PRIOR TO SIGNING AND FILING. 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 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. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS. 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. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS. FORM 990, PART XI, LINE 9: ROUNDING 4. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WORLD OF OPPORTUNITY 1600 LOMBARD STREET PHILADELPHIA PA 19146 204487817 SUPPORT INDEPENDENCE CHARTER SCHOOL PA 501(C)(3) LINE 12B, II 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WORLD OF OPPORTUNITY K 1204571 RENTS PAID WORLD OF OPPORTUNITY D 22280000 LOAN GUARANTEE WORLD OF OPPORTUNITY D 612397 LOAN BALANCE