2019-05-14T08:48:02-05:00 2018-06-30 232653765 ST CLAIR CPAS PC 28 S CENTRE STREET MERCHANTVILLE NJ 08109 990 2017-07-01 233060261 INDEPENDENCE CHARTER SCHOOL INDE 2152388000 1600 LOMBARD STREET PHILADELPHIA PA 19146 TANYA RULEY-MAYO CEO 2152388000 2019-05-10 1 BRIAN D DIMATTESA CPA P00521144 8564825600 2019-05-10 50.235.182.194 2019-05-10 08:17:07 ED P D61B5A8EBC7E67EA31B054061E1BFB1107DD9512 04406A20DA088A122C3AE38F90B14AE0ABB81E22 2017 2019-02-21 02:37:17Z TANYA RULEY-MAYO 1600 LOMBARD STREET PHILADELPHIA PA 19146 11171239 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. 14 14 158 250 0 0 1571158 1603689 8408574 9160123 7853 17311 267025 390116 10254610 11171239 0 0 0 0 6925416 6862402 0 0 0 3596910 3796887 10522326 10659289 -267716 511950 9468842 9149621 17340547 17129376 -7871705 -7979755 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 8045030 9567550 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. 8045030 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 27 0 1 158 1 0 0 0 0 0 0 0 0 X 14 14 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 MICHAEL BARSANTI TRUSTEE 1.00 X 0 0 0 MAUREEN EAGEN CO-VICE PRESIDENT 1.00 X 0 0 0 TRE JOHNSON CO-VICE PRESIDENT 1.00 X 0 0 0 HARRY MOSELEY TRUSTEE 1.00 X 0 0 0 KRISTA PFEIFFER SECRETARY 1.00 X 0 0 0 JOHN TRIEU TRUSTEE 1.00 X 0 0 0 GREGORY TURLINGTON TREASURER 1.00 X 0 0 0 MICHELE LAMM TRUSTEE 1.00 X 0 0 0 MEHREEN ZAMAN TRUSTEE 1.00 X 0 0 0 VIGIL SHEPPARD TRUSTEE 1.00 X 0 0 0 ROSIE MCNAMARA JONES TRUSTEE 1.00 X 0 0 0 CAMILO DOMINGUEZ TRUSTEE 1.00 X 0 0 0 THOMAS SCHEID CEO 40.00 X 142228 0 53700 142228 0 53700 1 0 1 0 AETNA PO BOX 775392 CHICAGO IL 606775392 MEDICAL INSURANCE 400452 LINTON'S MANAGED SERVICES 4 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 FOOD SERVICES 299545 UNITED HEALTH CARE PO BOX 1459 MINNEAPOLIS MN 554401459 INSURANCE 286116 PEDIATRIC THERAPEUTIC SERVICE 525 FAYETTE STREET CONSHOHOCKEN PA 19428 PROFESSIONAL SERVICES 180308 COMMUNITY COUNCIL EDUCATION SERVICES INC PO BOX 28216 PHILADELPHIA PA 19131 TUTION 128747 6 1313960 289729 1603689 SCHOOL DISTRICT REVENUE 611110 9065408 9065408 FOOD SERVICE REVENUE 611110 94715 94715 9160123 17311 17311 MANAGEMENT FEE 541610 309396 309396 MISCELLANEOUS REVENUE 900099 80720 80720 390116 11171239 9567550 0 0 142228 142228 4531175 3526403 1004772 933867 691567 242300 840620 685821 154799 414512 306442 108070 23233 4723 18510 22387 22387 847497 491201 356296 2372 2372 213234 94912 118322 1505389 1285081 220308 90624 51858 38766 23123 23123 114551 32760 81791 FOOD SERVICE EXPENSES 434079 434079 OTHER EXPENSES 340219 314212 26007 BOOKS & INSTRUCTIONAL 102848 102848 PRINTING AND BINDING 42382 42382 34949 34949 10659289 8045030 2614259 0 1754914 1996830 4256986 4321092 339400 341975 109944 53258 76855 133085 1847893 1762309 45183 85584 2885560 2217797 9468842 9149621 114947 164787 58429 149436 17167171 16815153 17340547 17129376 X -7871705 -7979755 -7871705 -7979755 9468842 9149621 511950 -620000 0 X X 0 1 X 1 1 1 X 1425199 1418323 6876 422694 343986 78708 85584 DUE FROM INDEPENDENCE CHARTER SCHOOL WEST 39204 DEFERRED OUTFLOWS TO PENSIONS 2178593 2217797 ACCRUED SALARIES AND BENEFITS 887433 DEFERRED RENT 136111 DUE TO STUDENT GROUPS 45585 NET PENSION LIABILITY 13187000 DUE TO A LOCAL SCHOOL DISTRICT 15863 DEFERRED INFLOWS RELATED TO PENSIONS 1999000 DUE TO OTHER FUNDS 161 NET OPEB LIABILITY 544000 16815153 X 11171239 0 11171239 0 11171239 10659289 0 10659289 0 10659289 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, 2018, 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, 2015. 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 THOMAS SCHEID CEO 142228 0 0 0 0 0 53700 0 0 0 195928 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 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 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WORLD OF OPPORTUNITY K 1182536 RENTS PAID WORLD OF OPPORTUNITY D 15220000 LOAN GUARANTEE WORLD OF OPPORTUNITY E 161 LOAN BALANCE