2016-05-13T08:18:11-05:00 2015-06-30 222428965 CITRIN COOPERMAN & COMPANY LLP 1800 JFK BOULEVARD 20TH FLOOR PHILADELPHIA PA 19103 990 2014-07-01 455446616 PHILADELPHIA CHARTER SCHOOL FOR ARTS AND SCIENCES PHIL 2155372520 1197 HARWORTH STREET PHILADELPHIA PA 19124 KENNETH DETWEILER INTERIM CEO/PRINCIPAL 2155372520 2016-05-11 1 KEVIN RYAN CPA P00383430 2155454800 2014 2016-08-17 19:52:53Z KENNETH DETWEILER 1197 HARWORTH STREET PHILADELPHIA PA 19124 12376341 0 X HTTP://STRINGTHEORYSCHOOLS.WIX.COM/ARTS-AND-SCIEN X 2012 PA TO EDUCATE EACH CHILD ACCORDING TO AGE AND DEVELOPMENT SO THAT LEARNING AND GROWTH ARE UNITED; INTEGRATE THE DEVELOPING MIND AND BODY OF THE CHILD WITH ACADEMICS AND THE PERFORMING ARTS. TO ENSURE EACH CHILD'S EXCELLENCE IN CORE AND ACADEMIC SKILLS. TO AWAKEN AND PRESERVE THE SPIRIT OF OUR CHILDREN THROUGH THE VISUAL ARTS, VOCAL ARTS, INSTRUMENTAL MUSIC, CREATIVE WRITING, CLASSICAL BALLET, FRENCH,INNOVATIONS IN THE FIELD OF SCIENCE, ALL INTERTWINED WITH TECHNOLOGY, AND; TO NOURISH THIS SPIRIT AND CURIOSITY SO THAT STUDENTS CONTINUE TO FLOURISH LONG AFTER THE END OF FORMAL TRAINING. 6 6 146 10 0 0 1499728 1190928 11828450 11180453 2076 4960 4682 0 13334936 12376341 0 0 0 0 6163966 7210976 0 0 0 4590395 4801093 10754361 12012069 2580575 364272 5959518 8365585 2003366 15019205 3956152 -6653620 X TO EDUCATE EACH CHILD ACCORDING TO AGE AND DEVELOPMENT SO THAT LEARNING AND GROWTH ARE UNITED; INTEGRATE THE DEVELOPING MIND AND BODY OF THE CHILD WITH ACADEMICS AND THE PERFORMING ARTS. TO ENSURE EACH CHILD'S EXCELLENCE IN CORE AND ACADEMIC SKILLS. TO AWAKEN AND PRESERVE THE SPIRIT OF OUR CHILDREN THROUGH THE VISUAL ARTS, VOCAL ARTS, INSTRUMENTAL MUSIC, CREATIVE WRITING, CLASSICAL BALLET, FRENCH,INNOVATIONS IN THE FIELD OF SCIENCE, ALL INTERTWINED WITH TECHNOLOGY, AND; TO NOURISH THIS SPIRIT AND CURIOSITY SO THAT STUDENTS CONTINUE TO FLOURISH LONG AFTER THE END OF FORMAL TRAINING. 0 0 8809050 11180043 PHILADELPHIA CHARTER SCHOOL FOR ARTS AND SCIENCES IS A CHARTER SCHOOL IN THE CITY OF PHILADELPHIA WHICH PROVIDES EDUCATION TO STUDENTS FROM GRADES K THROUGH 8. 8809050 1 1 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 146 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SANTILLI THOMSON 8565051300 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 JAVIER KUEHNLE PRESIDENT 2.00 X X 0 0 0 KRISTA ALEXANDER BOARD MEMBER 2.00 X X 0 0 0 KRISTEN KUBACH SECRETARY 2.00 X X 0 0 0 WILLIAM LEACH VICE PRESIDENT 2.00 X X 0 0 0 EVELT VERTIL BOARD MEMBER 2.00 X 0 0 0 ROBALD PIGLIACELLI BOARD MEMBER 2.00 X 0 0 0 MICHAEL ROCCO CEO/ PRINCIPAL 40.00 X 110794 0 9800 MARY D'NELLA COO 40.00 X 92881 0 11158 203675 0 20958 1 0 0 0 STRING THEORY SCHOOLS 200 S BROAD STREET PHILADELPHIA PA 19102 SCHOOL MANAGEMENT 1032581 INDEPENDENCE BLUE CROSS 1901 MARKET STREET PHILADELPHIA PA 19103 INSURANCE 826782 NUTRITION INC 580 WENDEL ROAD IRWIN PA 15642 FOOD SERVICES 616405 APPLE INC 1 INFINITE LOOP CUPERTINO CA 95014 EQUIPTMENT 270640 SANTILLI & THOMPSON LLC 601 ROUTE 73 NORTH MARLTON NJ 08053 BUSINESS MANAGEMENT 229490 8 1014395 176533 1190928 STUDENT SUBSIDY 611110 10453830 10453830 FOOD SERVICE 611110 635449 635449 STATE REIMBURSEMENTS 611110 91174 91174 11180453 4960 4960 12376341 11180453 0 4960 203675 203675 4185525 3794844 390681 1478746 1275524 203222 961882 769777 192105 381148 330126 51022 1032581 1032581 149947 149947 25500 25500 837160 512962 324198 324 324 312654 85123 227531 13555 13555 620921 496737 124184 822 822 330 330 3592 3592 404119 404119 208584 34664 173920 FOOD SERVICES 621221 621221 INSTRUCTIONAL SUPPLIES 267525 267525 TUITION APS 144803 144803 PRINTING/BINDING 45161 45161 112294 71295 40999 12012069 8809050 3203019 0 3491012 4405331 883853 448997 4190 5069 96375 101709 2229141 974755 1173601 1254386 310487 2150093 5959518 8365585 1478852 865403 196407 6679 48048 20660 280059 14126463 2003366 15019205 X 2830599 -7887346 1125553 1233726 3956152 -6653620 5959518 8365585 X 364272 -10974044 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1233730 585386 648344 931750 362626 569124 63661 26743 36918 1254386 DUE FROM OTHER FUNDS 206580 DEFERRED PENSION 1943513 2150093 DUE TO OTHER FUNDS 206251 PENSION LIABILITY 12983000 DUE TO AFFILIATES 9212 DEFERRED PENSION 928000 14126463 X 12376341 0 12376341 0 12376341 12012069 0 12012069 0 12012069 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 POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2015, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PROHIBITED BY CHARTER SCHOOL LAW TO DISCRIMINATE SCHEDULE E, PART I, LINE 6 SCHOOL RECEIVES VARIOUS GRANTS AND STATE REIMBURSEMENTS DURING THE SCHOOL YEAR. MICAHEL ROCCO FORMER CEO OF ARTS & SCIENCES IS NOW WORKING AT STRING THEORY SCHOOLS 1032581 MANAGEMENT FEE 0 FORM 990, PART VI, SECTION B, LINE 11 THE INDEPENDENT AUDIT FIRM PREPARES THE IRS FORM 990, THEN IT IS REVIEW BY THE BUSINESS OFFICE, AND THEN IT IS PRESENTED TO THE BOARD NUMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C REVIEW PRIOR TO CONTRACT APPROVAL FORM 990, PART VI, SECTION B, LINE 15 SURVEY OF THE PHILADELPHIA AREA CHARTER SCHOOLS FORM 990, PART VI, SECTION C, LINE 19 FURNISHED UPON REQUEST FORM 990, PART XI, LINE 9: ADJUSTMENT TO ADOPTATION OF GASB 68 -10,974,044.