2019-02-12T16:15:35-06:00 2018-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2017-07-01 043733010 LA SALLE ACADEMY LASA 2157395804 1434 N SECOND STREET PHILADELPHIA PA 191223802 SR JEANNE MCGOWAN SSJ PRESIDENT 2157395804 2019-01-29 1 MARY L LYNCH CPA P00002331 8567225300 173.12.59.241 2019-01-29 10:12:12 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4388F8A5D29C4DAE82DA527C315134425971ECDD 2017 2019-02-21 02:37:17Z SR JEANNE MCGOWAN SSJ 1434 N 2ND STREET PHILADELPHIA PA 19122 2997242 0 X HTTP://WWW.LASALLEACADEMY.NET/ X 2003 PA PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY, AND SOCIALLY AT RISK CHILDREN. 30 29 24 0 0 0 1896032 1926112 14767 23022 81689 137744 110419 101928 2102907 2188806 0 0 0 0 957003 1000912 0 0 216494 482322 513894 1439325 1514806 663582 674000 6115116 6859113 0 0 6115116 6859113 PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN IN GRADES THREE THROUGH EIGHT. 0 0 1110296 23022 PRIVATE ELEMENTARY SCHOOL WHICH IS DEDICATED TO EDUCATING CHILDREN IN GRADES THREE THROUGH EIGHT WHOSE LIFE OPPORTUNITIES ARE LIMITED BY FINANCIAL, SOCIAL AND ACADEMIC CHALLENGES AND WHOSE PARENTS/GUARDIANS DESIRE, BUT CAN NOT AFFORD A CATHOLIC EDUCATION. THE ACADEMY PROVIDES SMALL CLASSES, AN EXTENDED DAY AND YEAR, AND THE ACADEMIC, SOCIAL, AND SPRITUAL SUPPORTS NECESSARY FOR STUDENTS TO BECOME SUCCESSFUL PEOPLE AND LIFELONG LEARNERS. 1110296 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 24 1 0 0 0 0 0 1 1 0 0 0 0 X 30 29 1 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X SR JEANNE MCGOWAN SSJ 2157395804 1434 N 2ND STREET PHILADELPHIA PA 19122 X EUGENE P HUGHES JR MD TRUSTEE 1.00 X 0 0 0 MICHAEL J O'NEILL JR TRUSTEE 1.00 X 0 0 0 BR JOHN MCGOLDRICK FSC PHD TRUSTEE 1.00 X 0 0 0 SR KAREN DIETRICH SSJ PHD TRUSTEE 1.00 X 0 0 0 BRIAN RILEY TRUSTEE 1.00 X 0 0 0 SUSAN ALTRINGER TRUSTEE 1.00 X 0 0 0 KATHLEEN G LYNCH TRUSTEE 1.00 X 0 0 0 M CATHLENE DRISCOLL ESQ TRUSTEE 1.00 X 0 0 0 MS MARGARET KANE TRUSTEE 1.00 X 0 0 0 JOHN RILLING TREASURER/TRUSTEE 1.00 X X 0 0 0 EILEEN M MAGINNIS TRUSTEE 1.00 X 0 0 0 GREGORY F VIZZA ESQ TRUSTEE 1.00 X 0 0 0 FRANK C PALOPOLI TRUSTEE 1.00 X 0 0 0 CAROL MELVIN PATE EDD TRUSTEE/SECRETARY 1.00 X X 0 0 0 JAMES LYNCH CHAIR/TRUSTEE 1.00 X X 0 0 0 DALE LINTNER JR TRUSTEE 1.00 X 0 0 0 JAMES HASSON TRUSTEE 1.00 X 0 0 0 DANIEL DIEHL TRUSTEE 1.00 X 0 0 0 DENNIS M DURKIN TRUSTEE 1.00 X 0 0 0 JAMES D DANELLA TRUSTEE 1.00 X 0 0 0 JOHN FENNINGHAM ESQ TRUSTEE 1.00 X 0 0 0 DONNA BARTYNSKI TRUSTEE 1.00 X 0 0 0 TIMOTHY J ABELL TRUSTEE 1.00 X 0 0 0 TERESA DIAMOND PRINCIPAL - NON-VOTING 40.00 X 0 0 0 SR JEANNE MCGOWAN SSJ PRESIDENT 40.00 X X 0 0 0 KRISTINE GRADY DEREWICZ ESQ TRUSTEE 1.00 X 0 0 0 SR CATHERINE GERALD KELLY SSJ TRUSTEE 1.00 X 0 0 0 BR GERALD MOLYNEAUX FSC PHD TRUSTEE 1.00 X 0 0 0 PETER MADDEN TRUSTEE 1.00 X 0 0 0 MALIK NEAL TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 14642 1911470 1926112 TUITION AND FEES 900099 23022 23022 23022 80526 80526 804054 746836 57218 57218 57218 163528 14642 61600 101928 101928 2188806 160766 0 101928 849125 603776 132686 112663 97021 71767 9498 15756 54766 40511 5361 8894 6100 5490 610 48858 48833 25 41438 37294 4144 39794 35815 3979 8282 7454 828 FUNDRAISING 79181 79181 NURSE AND HEALTH SERVIC 72800 72800 REPAIRS 41926 37733 4193 GRADUATE SUPPORT 40367 40367 135148 108456 26692 1514806 1110296 188016 216494 500 64 1538778 1039619 1278303 347078 925370 931225 3650468 4888205 6115116 6859113 0 0 X 3707599 4425627 2407517 2433486 6115116 6859113 6115116 6859113 674000 69997 0 X X 0 1 X 1 0 X 0 0 2343481 28457 2371938 2144918 198563 2343481 2091048 53870 2144918 2073773 17275 2091048 1784819 288954 2073773 0.57840 0.42160 0 0 35700 35700 937366 149066 788300 187881 179976 7905 117356 18036 99320 931225 X 2414732 69997 94329 61600 225926 2188806 0 2188806 1670735 94329 61600 155929 1514806 0 1514806 PART V, LINE 4: THE ENDOWMENT FUNDS ARE RESTRICTED AND REQUIRE THE ACADEMY TO CONTINUE ITS PRIMARY MISSION OF PROVIDING EDUCATIONAL ASSISTANCE TO EXTREMELY NEEDY CHILDREN. BEGINNING IN THE YEAR ENDED JUNE 30, 2012, OR THE FOURTH YEAR OF THE ENDOWMENT PLAN, THE ACADEMY MAY MAKE WITHDRAWALS TO PAY EXPENSES FOR OPERATING AND MAINTAINING THE SCHOOL. THE WITHDRAWAL AMOUNT IS LIMITED TO 5% OF THE PRINCIPAL AMOUNT AS OF THE FIRST DAY OF THE FISCAL YEAR. TO DATE, $109,968 HAS BEEN WITHDRAWN FROM THE ENDOWMENT FOR THESE PURPOSES. PART X, LINE 2: THE ACADEMY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE COMMONWEALTH OF PENNSYLVANIA ALSO RECOGNIZES THE ACADEMY AS TAX-EXEMPT. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE ACADEMY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR YEARS ENDING BEFORE JUNE 30, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 STUDENTS ARE WELCOME FROM ALL RACIAL AND ETHNIC COMMUNITIES WITHIN THE PHILADELPHIA REGION. NO BIAS IS PERMITTED BASED ON RACE OR NATIONAL ORIGIN. ALL PUBLICATIONS CLEARLY STATE THIS POLICY. GOLF OUTING 178170 14642 163528 61600 178170 14642 163528 61600 61600 101928 FORM 990, PART VI, SECTION A, LINE 2 JIM AND KATHY LYNCH ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION CHANGED THEIR BY-LAWS IN MAY 2018. THE CHANGES DID NOT MATERIALLY IMPACT THE ORGANIZATION OR ITS STATED MISSION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 WITH THE TAX PREPARER, AND AFTER THEY ARE SATISFIED IT HAS BEEN PROPERLY AND COMPLETELY PREPARED, THEY SUBMIT FORM 990 TO THE ENTIRE BOARD OF TRUSTEES FOR APPROVAL. UPON THE BOARD'S REVIEW IT IS THEN SIGNED AND MAILED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORED BY EXECUTIVE COMMITTEE THROUGH ANNUAL SURVEY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE PRESIDENT CONSISTS OF A STIPEND PAID TO HER RELIGIOUS COMMUNITY. THE SALARY FOR THE PRINCIPAL IS SET BY THE PRESIDENT IN CONSULTATION WITH THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE YEAR