2017-01-24T10:36:52-06:00 2016-06-30 WITHUM SMITH BROWN PC 2 LOGAN SQ STE 2001 PHILADELPHIA PA 191032726 990 2015-07-01 232946223 West Oak Lane Charter School % MANAGEMENT WOLCS WEST 2159277995 7115 Stenton Avenue Philadelphia PA 19138 DR DEBBERA PEOPLES-LEE CEO 2017-01-09 true ERIC M STRAUSS P00991844 2155462140 2017-01-09 2015 2021-01-29 14:40:06Z DR DEBBERA PEOPLES-LEE 7115 Stenton Avenue Philadelphia PA 19138 11607819 false X http://www.wolcs.org X 1999 PA THE CORPORATION OPERATES AS A PUBLIC CHARTER SCHOOL IN PHILADELPHIA AND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. IT SERVES GRADES K-8. 7 7 96 0 2008277 1856987 9608526 9716960 31 31 18458 33841 11635292 11607819 0 0 0 0 6649178 7105202 0 0 0 4752262 4848587 11401440 11953789 233852 -345970 3916913 3446728 13106236 13819497 -9189323 -10372769 X FROM OUR BEGINNINGS AS A SCHOOL FOUNDED TO HELP UPLIFT ITS NEIGHBORHOOD, WOLCS HAS RETAINED A STEADFAST VISION OF THE SCHOOL AS A COMMUNITY WHERE STUDENTS WILL FEEL SAFE, SUPPORTED, AND CHALLENGED, AND GRADUATE THOROUGHLY PREPARED TO EXCEL IN THE HIGH SCHOOL OF THEIR CHOOSING. THE QUALITY OF WOLCS'S PREPARATION OF ITS STUDENTS SHOWS IN THE NUMBER OF STUDENTS EARNING PLACEMENT INTO SELECT ADMISSION PUBLIC HIGH SCHOOLS AFTER COMPLETING THEIR ELEMENTARY EDUCATION AT WOLCS. SINCE 2009, MORE THAN 50% OF WOLCS 8TH GRADERS HAVE BEEN ADMITTED TO SPECIAL ADMISSION AND CITY-WIDE ADMISSION HIGH SCHOOLS. HOWEVER, WE RECOGNIZE THAT SUCCESS FOR OUR STUDENTS GOES BEYOND ATTAINING PROFICIENCY IN READING AND LANGUAGE ARTS, MATHEMATICS, AND SCIENCE. TO BE SUCCESSFUL IN POST-SECONDARY EDUCATION AND THE WORLD OF WORK, OUR GRADUATES NEED TO BE COMPETENT IN THE USE OF TECHNOLOGY, CIVIC-MINDED AND SELF-CONFIDENT, ARTICULATE AND CAPABLE OF THINKING INDEPENDENTLY, CRITICALLY, AND CREATIVELY. JUST AS IMPORTANTL false false 9704001 9716960 CHARTER SCHOOL OPERATING IN THE WEST OAK LANE SECTION OF PHILADELPHIA. 9704001 true true false false false false false false false true false false true true true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 37 0 true 96 true false false false false false false false false false false false false false X 7 7 false true false false false false false true true false false true true true true true true true true false PA X MANAGEMENT WOLCS 2157540062 7115 STENTON AVENUE PHILADELPHIA PA 19138 Sharmain Matlock-Turner PRESIDENT 1.0 0.0 X X 0 0 0 Darlene Callands-Curry Vice President 1.0 0.0 X X 0 0 0 DAVID R BRIGHT TREASURER 1.0 0.0 X X 0 0 0 NICOLE MCLAURIN SECRETARY 1.0 0.0 X 0 0 0 WES SOMERVILLE BOARD MEMBER 1.0 0.0 X 0 0 0 AVA WILLIS-BARKSDALE BOARD MEMBER 1.0 0.0 X 0 0 0 SHARON IRVING BOARD MEMBER 1.0 0.0 X 0 0 0 Dr Debbera Peoples-Lee CEO 40.0 0.0 X 180513 0 42604 Sheila Royal-Moses COS 40.0 0.0 X 159289 0 37602 339802 0 80206 2 false true false Lintons Managed Services 2947 Felton Road EAST NORRITON PA 19401 FOOD SERVICE 492810 KFS Inc PO Box 884 BRYN MAWR PA 19010 PROF&SPEECH SERVICES 217398 Charter School Substitute 237 Birchwood Drive EAST STROUDSBURG PA 18302 Sub Teaching 227712 DELTA-T GROUP PO BOX 884 BRYN MAWR PA 19010 PSYCHOLOGISTS 117425 4 1856987 1856987 SCHOOL DISTRICT OF PHILADELPHIA 900099 9716960 9716960 9716960 31 31 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 33841 33841 33841 11607819 9716960 33872 0 0 0 0 420008 296024 123984 0 0 3680978 2594710 1086268 1137046 800959 336087 1867170 1582549 284621 0 0 82116 82116 19250 19250 0 0 0 1739386 1634757 104629 0 12723 1600 11123 441524 314467 127057 0 0 1689505 1689505 17376 1050 16326 0 11098 11039 59 0 0 176583 176583 75928 17660 58268 REFUND OF PY REVENUES (EXP) 11931 11931 FOOD 561785 561785 BANK CHARGES 9382 9382 11953789 9704001 2249788 0 1753057 1145908 0 0 608515 665560 9579 32104 0 0 0 0 0 0 0 0 132802 115684 6033262 4918790 715519 1114472 0 0 0 0 0 0 0 0 697441 373000 3916913 3446728 1137635 1057791 0 0 0 0 0 0 0 0 0 0 0 0 0 28706 11968601 12733000 13106236 13819497 X -9189323 -10372769 0 0 0 0 -9189323 -10372769 3916913 3446728 X -345970 -837476 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4248708 3407648 841060 1752305 1495018 257287 32250 16125 16125 1114472 DEFERRED OUTFLOWS OF RESOURCES 373000 373000 0 NET PENSION LIABILITY 12605000 DEFERRED INFLOWS OF RESOURCES 128000 12733000 11607819 11607819 11607819 11953789 11953789 11953789 ASC 740 FOOTNOTE THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 C 3 OF THE INTERNAL REVENUE SERVICE CODE. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE SCHOOL ADOPTED THE ACCOUNTING PRONOUNCEMENT RELATED TO UNCERTAIN TAX POSITIONS EFFECTIVE JULY 1, 2010. UPON ADOPTION OF THIS ACCOUNTING PRONOUNCEMENT, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2016. IN ADDITION, THE SCHOOL HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THESE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. THE ORGANIZATION PUBLICIZED ITS POLICY THROUGH NEWSPAPER ADVERTISEMENT. GOVERNMENTAL AGENCY ASSISTANCE THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE US DEPARTMENT OF EDUCATION PASSED THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND ALSO PARTICIPATES IN VARIOUS REIMBURSEMENT PROGRAMS FROM THE US DEPARTMENT OF AGRICULTURE PASSED THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION. X X false false false false false false false false false Dr Debbera Peoples-Lee CEO 180513 0 0 0 0 0 42604 0 0 0 223117 0 0 0 Sheila Royal-Moses COS 159289 0 0 0 0 0 37602 0 0 0 196891 0 0 0 CONFLICT OF INTEREST When an officer, trustee or employee's outside private activities could appear to an observer to be in conflict with that officer's, Trustee's or employee's responsibilities, or where the officer's, Trustee's or employee's position with the School appears to give that person a competitive advantage in her/his private activities, the officer, Trustee or employee must notify the Chief Executive Officer of the potential appearance of Conflict of Interest. The Chief Executive Officer will investigate the matter and apprise the Board of Trustees of his/her findings.. Also, in accordance with Pennsylvania's Public Official and Employee Ethics Law, WOLCS requires each trustee, officer and employee at the level of Director and above to file a Statement of Financial Interest with the Chief Executive Officer by May 1 of each year for the immediate prior year. All Statements of Financial Interest are reviewed by the Chief Executive Officer. The Chief Executive Officer may require the filing of a Statement of Financial Interest by any employee whose duties require such disclosure. Finally, each trustee, officer and key employee of West Oak Lane Charter School shall annually sign a statement which affirms that s/he: 1. Has received a copy of the conflicts of interest policy 2. Has read and understands the policy 3. Has agreed to comply with the policy, and understands that WOLCS is a tax-exempt organization that must engage primarily in activities that accomplish its tax-exempt purposes in order to maintain federal tax exemption. COMPENSATION The Board of Trustees of West Oak Lane Charter School engaged James E. Rocco Associates, Inc. to determine how the current base salaries and total compensation paid to five senior level non-teaching staff compare to the competitive labor market, defined as peer charter schools and other not-for-profit educational agencies. The compensation consultant reviewed WOLCS's organization structure, its programs and operations as outlined in the Annual Report, and a detailed account of the scope of each position, and the roles and responsibilities, special skills and competencies, internal and external relationships, and education and experience qualifications of incumbents. The review also considered a history of the compensation package provided to each incumbent, including base salary, incentive payor bonus, and the reportable annual value of other forms of compensation and supplemental benefits and perquisites as well as IRS Form 990 data for charter schools in Philadelphia. This information facilitated matching those positions with positions of similar responsibility and authority in comparable organizations and ensured the appropriateness of position matches with published salary survey data. Where data was gathered from geographic locations outside the Philadelphia metropolitan area, an adjustment was applied to account for differences in the cost of living, using the Economic Research Institute's Geographic Assessor. 990 REVIEW The Board shall ensure that the following steps toward review of WOlCS' financial status take place: 1. Review Form 990 and Form 990-T by legal counsel by September 30, each year. 2. The audit/financial committee shall review and approve the IRS Form 990 annual tax filing prior to submission. 3. The audit/finance committee shall distribute, to the full board, a copy of the IRS Form 990 in advance of filing for review and consideration, and in no event fewer than 14 days of its submission. The CEO shall ensure that government-ordered filings are filed in a timely and accurate manner. 1. File accurate, complete, timely, and in compliance with regulatory requirements Form 990 by November 15, based on fiscal year ending June 30, without extension, each year. 2. File accurate, complete, timely, and in compliance with regulatory requirements Form 990-T (Unrelated Business Income Tax) by November 15, based on fiscal year ending June 30, without extension, each year. The chief executive shall sign and certify that the IRS Form 990 is accurate and complete. accurate and complete. fiscal year ending June 30, without extension, each year. The chief executive shall sign and certify that the IRS Form 990 is accurate and complete. GOVERNING DOCUMENTS AVAILABLE TO PUBLIC It is the policy of West Oak lane Charter School ("WOLCS") to allow public access to its IRS Form 990. The CEO shall ensure that the following steps toward public disclosure of WOLCS' 990 take place: 1. Consistent with the requirements of 6104(d) of the Internal Revenue Code and the regulations thereunder, copies of the organization's Form 990 shall be made available, upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it.2. WOLCS shall make its IRS Form 990 available for review, upon request, at the main office of WOLCS during business hours, or at a mutually agreeable time between the Compliance Officer and the individual requesting the inspection. WOLCS's IRS Form 990 is also available for inspection on-line at (www.guidestar.org) 3. WOLCS shall, upon request, make and/or mail a copy of its IRS Form 990, as long as the individual making the request pays $.25 cents per page and any actual mailing costs associated therewith,in advance. Compliance Officer shall maintain a log of IRS Form 990 inspections and requests, including the date and time of inspection or request, the name of the person and/or organization,whether a copy was provided in person or via mail, and the signature of a witness verifying the same. DELEGATION OF MANAGEMENT CONTROLS OGONTZ AVENUE REVITALIZATION CORPORATION (OARC) PERFORMS THE PROPERTY MANAGEMENT SERVICES FOR WEST OAK LANE SCHOOL (WOLCS). ALL FINAL DECISIONS ARE RENDERED BY THE CEO AND THE BOARD OF DIRECTORS. FUNDRAISING EXPENSES VARIOUS FUNDRAISING EXPENSES ARE A DIRECT OFFSET OF THE FUNDRAISING REVENUE REPORTED ON FORM 990, PART VIII, LINE 8A, AND THEREFORE THERE ARE NO FUNDRAISING EXPENSES REPORTED ON FORM 990, PART IX, COLUMN D GASB 68 The School was required to adopt GASB 68 relative to its participation in the Commonwealth of Pennsylvania's Public Employees' Retirement System (PSERS). Charter Schools are required to offer this retirement plan to their employees as a condition of their charter. The Commonwealth controls all aspects of the plan including assets and administration. The School makes contributions as defined by the Commonwealth. Historically, the School has recorded its contributions to the plan as expenses in the year these contributions were required by the Commonwealth. With the adoption of GASB 68, the School is required to record a liability for its proportionate share of the PSERS plan and expenses related to the performance of plan administration against its goals. The School recorded an adjustment to net assets of $837,476 for the net liability as of June 30, 2016. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:1739386