STRATEGY STUDIO / PUBLIC DATA EXPLORER

PHILADELPHIA ACADEMY CHARTER SCHOOL: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
PHILADELPHIA ACADEMY CHARTER SCHOOL (EIN 23-2998638)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-01-15
IRS object ID
201440169349300404
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-01-15T08:36:52-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN270710060EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CANTOR NOVAK BEAVER & PIKE PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line141 UNIVERSITY DRIVE SUITE 401AddressLine1
CityNEWTOWNCity
StatePAState
ZIP Code18940ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN232998638EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1PHILADELPHIA ACADEMY CHARTER SCHOOLBusinessNameLine1
Business Name Line2C/O SANTILLI AND THOMSON LLCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlPHILNameControl
Phone8565051300Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14 GREENTREE CENTRE 13000 LINCOLNAddressLine1
Address Line2DRIVE NO 302AddressLine2
CityMARLTONCity
StateNJState
ZIP Code08053ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLARRY SPERLINGName
TitleCEOTitle
Phone2156768320Phone
Date Signed2014-01-09DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDANIEL D PIKE CPAName
PTINP00776654PTIN
Phone2155502952Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonLARRY SPERLINGNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line111000 ROOSEVELT BOULEVARDAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19116ZIPCode
FieldValueIRS element (for citing)
Gross Receipts16590485GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.PACSWEB.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1998YearFormation
State Legal DomicilePAStateLegalDomicile
Activity Or Mission DescriptionPACS PREPARES STUDENTS TO ACHIEVE THE HIGHEST LEVEL OF THEIR POTENTIAL, WHETHER ACADEMICALLY, SOCIALLY OR MORALLY. OUR AIM IS TO CREATE LIFE-LONG LEARNERS WHO EXERCISE SELF-DISCIPLINE AND SELF-MOTIVATION AND ATTAIN A HIGH LEVEL OF HUMAN FULFILLMENT. CENTRAL TO OUR VISION IS THE NOTION THAT WE HELP OUR STUDENTS TO RECOGNIZE THAT THEIR FULFILLMENT IS ROOTED IN THE CARE AND RESPECT THAT THEY SHOW TO THEMSELVES AND TO OTHERS, BOTH WITHIN AND OUTSIDE OF THE SCHOOL SETTING. TO THOSE ENDS, WE ENSURE THAT THE SCHOOLS FACULTY AND STAFF ARE CONSUMMATE PROFESSIONALS, DEDICATED TO THE NEEDS OF STUDENTS AND PARENTS. OUR CERTIFIED FACULTY AND STAFF ARE REQUIRED TO MAINTAIN HIGH EXPECTATIONS AND PROVIDE CREATIVE, RIGOROUS INSTRUCTION, UTILIZING STATE OF THE ART EDUCATIONAL TOOLS. AT THE SAME TIME, OUR FACULTY AND STAFF COMMIT THEMSELVES TO MODELING FOR OUR STUDENTS A LOVE OF LEARNING AND A DEEP LEVEL OF CARING AND RESPECT FOR OUR STUDENTS AND THE MEMBERS OF OUR COMMUNITY.ActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees242TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year2201128ContributionsGrantsPriorYear
Contributions Grants Current Year2619962ContributionsGrantsCurrentYear
Program Service Revenue Prior Year14697503ProgramServiceRevenuePriorYear
Program Service Revenue CY13788553ProgramServiceRevenueCY
Investment Income Prior Year24477InvestmentIncomePriorYear
Investment Income Current Year28410InvestmentIncomeCurrentYear
Other Revenue Prior Year87758OtherRevenuePriorYear
Other Revenue Current Year124061OtherRevenueCurrentYear
Total Revenue Prior Year17010866TotalRevenuePriorYear
Total Revenue Current Year16560986TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year11866806SalariesEtcPriorYear
Salaries Etc Current Year11852664SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year2505TotalFundrsngExpCurrentYear
Other Expense Prior Year5040264OtherExpensePriorYear
Other Expenses Current Year4735810OtherExpensesCurrentYear
Total Expenses Prior Year16907070TotalExpensesPriorYear
Total Expenses Current Year16588474TotalExpensesCurrentYear
Revenues Less Expenses Prior Year103796RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-27488RevenuesLessExpensesCY
Total Assets BOY13435641TotalAssetsBOY
Total Assets EOY13408361TotalAssetsEOY
Total Liabilities BOY1864607TotalLiabilitiesBOY
Total Liabilities EOY1864815TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY11571034NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY11543546NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionPACS PREPARES STUDENTS TO ACHIEVE THE HIGHEST LEVEL OF THEIR POTENTIAL, WHETHER ACADEMICALLY, SOCIALLY OR MORALLY. OUR AIM IS TO CREATE LIFE-LONG LEARNERS WHO EXERCISE SELF-DISCIPLINE AND SELF-MOTIVATION AND ATTAIN A HIGH LEVEL OF HUMAN FULFILLMENT. CENTRAL TO OUR VISION IS THE NOTION THAT WE HELP OUR STUDENTS TO RECOGNIZE THAT THEIR FULFILLMENT IS ROOTED IN THE CARE AND RESPECT THAT THEY SHOW TO THEMSELVES AND TO OTHERS, BOTH WITHIN AND OUTSIDE OF THE SCHOOL SETTING. TO THOSE ENDS, WE ENSURE THAT THE SCHOOL?S FACULTY AND STAFF ARE CONSUMMATE PROFESSIONALS, DEDICATED TO THE NEEDS OF STUDENTS AND PARENTS. OUR CERTIFIED FACULTY AND STAFF ARE REQUIRED TO MAINTAIN HIGH EXPECTATIONS AND PROVIDE CREATIVE, RIGOROUS INSTRUCTION, UTILIZING STATE OF THE ART EDUCATIONAL TOOLS. AT THE SAME TIME, OUR FACULTY AND STAFF COMMIT THEMSELVES TO MODELING FOR OUR STUDENTS A LOVE OF LEARNING AND A DEEP LEVEL OF CARING AND RESPECT FOR OUR STUDENTS AND THE MEMBERS OF OUR COMMUNITY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense13923909Expense
Revenue13883277Revenue
DescriptionCHARTER SCHOOL PROVIDING EDUCATIONAL INSTRUCTION TO STUDENTS IN THE CITY OF PHILADELPHIA.Description
Total Program Service Expense13923909TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization1BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109624NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees242NumberOfEmployees
Employment Tax Returns Filed0EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties1DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1SANTILLI & THOMSON LLCBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number8565051300TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line113000 LINCOLN DRIVE WEST SUITE 302AddressLine1
CityMARLTONCity
StateNJState
ZIP Code08053ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
JUDGE JOSEPH WATERS JR
BOARD PRESIDENT1.00X000
NANCY MCLAUGHLIN
BOARD VICE PRESIDENT1.00X000
JACK JUNOD
BOARD SECRETARY1.00X000
MARSHA SPAK
BOARD TREASURER1.00X000
JANET SUMMERS
BOARD MEMBER1.00X000
JOSEPH A GUINAN III
BOARD MEMBER1.00X000
ROSE SMITH-DIFRANCESCO
BOARD MEMBER1.00X000
DR STEPHEN YOUNG
BOARD MEMBER1.00X000
LARRY SPERLING
CEO40.00205559038478X
ALLYSSA SCHMITT
PRINCIPAL40.00121513021708X
MEGAN SIMMONS
PRINCIPAL40.00106274012891X
FieldValueIRS element (for citing)
Total Reportable Comp From Org433346TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation73077TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
EDUCATIONAL FACILITY MANAGEMENT
1909 FAIRFAX AVENUECHERRY HILLNJ08003CLEANING SERVICES178120
SANTILLI & THOMSON LLC
13000 LINCOLN DRIVE WEST SUITE 302MARLTONNJ08053BUSINESS SERVICES, STAFF SUPPORT158840
BSI CONSTRUCTION LLC
735 BIRCH AVENUEBENSALEMPA19020CONSTRUCTION158192
FieldValueIRS element (for citing)
Number Of Contractors GT100 K3NumberOfContractorsGT100K
Fundraising Events2123FundraisingEvents
Government Grants2563751GovernmentGrants
All Other Contributions54088AllOtherContributions
Total Contributions2619962TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PER PUBLIC SUBSIDIES FROM PA LOCA6117101253826512538265
TRANSPORTATION SERVICES611710791182791182
FOOD SERVICE611710289318289318
STUDENT ACTIVITIES611710102136102136
CHILD CARE FEES6117104948649486

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column18166TotalRevenueColumn
Related Or Exempt Function Income18166RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue13788553TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column28410TotalRevenueColumn
Exclusion$28,410ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real10800Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real0Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real10800Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column10800TotalRevenueColumn
Related Or Exempt Function Income10800RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Income Fundraising Events58836GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events2123CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses29499FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column29337TotalRevenueColumn
Exclusion$29,337ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
REFUND OF PRIOR YEAR EXPENDITURES9000995585855858
VENDING MACHINE COMMISSIONS9000992196321963
MISCELLANEOUS REVENUE90009949184918

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column1185TotalRevenueColumn
Related Or Exempt Function Income1185RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue83924TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column16560986TotalRevenueColumn
Related Or Exempt Function Income13883277RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$57,747ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total244036Total
Management And General244036ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total8279626Total
Program Services7522005ProgramServices
Management And General757621ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total973511Total
Program Services883921ProgramServices
Management And General89590ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total1641927Total
Program Services1538290ProgramServices
Management And General103637ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total713564Total
Program Services639548ProgramServices
Management And General74016ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total151161Total
Management And General151161ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total83066Total
Management And General83066ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total27014Total
Management And General27014ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total345489Total
Program Services254834ProgramServices
Management And General90655ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total17887Total
Program Services577ProgramServices
Management And General17310ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total157435Total
Program Services133049ProgramServices
Management And General24386ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total79059Total
Program Services27721ProgramServices
Management And General51338ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1942906Total
Program Services1554325ProgramServices
Management And General388581ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total84211Total
Program Services81466ProgramServices
Management And General2745ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total36026Total
Program Services30281ProgramServices
Management And General5745ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total560782Total
Program Services236350ProgramServices
Management And General324432ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total269172Total
Program Services116309ProgramServices
Management And General152863ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
FOOD SERVICE553775553775
BOOKS AND INSTRUCTIONAL201039201039
EQUIPMENT RENTAL AND MA16766113525232409
TELEPHONE3854238542

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total20585Total
Program Services15167ProgramServices
Management And General2913ManagementAndGeneral
Fundraising2505Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total16588474Total
Program Services13923909ProgramServices
Management And General2662060ManagementAndGeneral
Fundraising2505Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY1621491BOY
EOY2098513EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6170935BOY
EOY6199345EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY774850BOY
EOY971234EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY521249BOY
EOY367668EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY276508BOY
EOY164465EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis9929917LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec6322781LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY4070608BOY
EOY3607136EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY13435641BOY
EOY13408361EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1819216BOY
EOY1853804EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY45391BOY
EOY11011EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1864607BOY
EOY1864815EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY11571034BOY
EOY11543546EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11571034BOY
EOY11543546EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY13435641BOY
EOY13408361EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-27488ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis5644239OtherCostOrOtherBasis
Depreciation2666200Depreciation
Book Value2978039BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis4285678OtherCostOrOtherBasis
Depreciation3656581Depreciation
Book Value629097BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings3607136TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt16590485TotRevenueEtcAuditedFinclStmt
Other Revenues29499OtherRevenues
Revenue Not Rptd F99029499RevenueNotRptdF990
Revenue Subtotal16560986RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form99016560986TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt16617973TotExpensesEtcAuditedFinclStmt
Other Expenses Included29499OtherExpensesIncluded
Expenses Not Rptd F99029499ExpensesNotRptdF990
Expenses Subtotal16588474ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form99016588474TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierExplanationExplanation
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING COSTS NETTED AGAINST FUNDRAISING EVENT RECEIPTS ON FORM 990 PART VIII 29,499.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING COSTS NETTED AGAINST FUNDRAISING EVENT RECEIPTS ON FORM 990 PART VIII 29,499.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Compliance With Rev Proc75501ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATIONSCHEDULE E, PART I, LINE 3CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCESCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES FEDERAL AWARDS, STATE EXPENSE REIMBURSEMENTS, AND PER PUPIL FUNDING FROM PA LOCAL EDUCATIONAL AGENCIES.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GOLF OUTINGNameOfEvent1
Gross Receipts Event133325GrossReceiptsEvent1
Gross Revenue Event133325GrossRevenueEvent1
Rent Facility Costs Event115734RentFacilityCostsEvent1
Name Of Event2BROCHURE FUNDRAISING - CHERRYDALENameOfEvent2
Gross Receipts Event225511GrossReceiptsEvent2
Gross Revenue Event225511GrossRevenueEvent2
Other Direct Expenses Event213765OtherDirectExpensesEvent2
Gross Receipts Total58836GrossReceiptsTotal
Gross Revenue Total Events58836GrossRevenueTotalEvents
Rent Facility Costs Total Events15734RentFacilityCostsTotalEvents
Other Direct Expenses Total Events13765OtherDirectExpensesTotalEvents
Direct Expense Summary Events29499DirectExpenseSummaryEvents
Net Income Summary29337NetIncomeSummary

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonLARRY SPERLINGNamePerson
TitleCEOTitle
Base Compensation Filing Org198001BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org7558BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org24473DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org14005NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org244037TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)

RelationshipRelationshipDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenuesAmount Of TransactionAmountOfTransaction
DR STEPHEN YOUNG
VOTING BOARD MEMBERDR. STEPHEN YOUNG IS ALSO A VOTING MEMBER OF THE RELATED PARTY, PHILADELPHIA ACADEMY COMMUNITY DEVELOPMENT CORPORATION.0
MARSHA SPAK
VOTING BOARD MEMBERMARSHA SPAK IS ALSO A VOTING MEMBER OF THE RELATED PARTY, PHILADELPHIA ACADEMY COMMUNITY DEVELOPMENT CORPORATION.0
JANET SUMMERS
VOTING BOARD MEMBERJANET SUMMERS IS ALSO A VOTING MEMBER OF THE RELATED PARTY, PHILADELPHIA ACADEMY COMMUNITY DEVELOPMENT CORPORATION.0
JACK JUNOD
VOTING BOARD MEMBER, FATHER OF BRITTANY JUNOD, A TEACHER AT THE SCHOOL.JACK IS THE FATHER OF BRITTANY JUNOD WHO IS A TEACHER AT THE SCHOOL.0
BRITTANY JUNOD
DAUGHER OF JACK JUNOD, A VOTING BOARD MEMBER OF THE ORGANIZATION.BRITTANY JUNOD IS A SPECIAL EDUCATION TEACHER AT THE SCHOOL. HER REPORTABLE COMPENSATION FROM THE SCHOOL PER W-2 WAS $61,885 WITH AN AMOUNT OF OTHER COMPENSATION FROM THE SCHOOL IN THE AMOUNT OF $13,946, TOTALING $75,831.075831

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 3BUSINESS MANAGEMENT DUTIES ARE PERFORMED BY SANTILLI & THOMSON, LLC.
FORM 990, PART VI, SECTION B, LINE 11990 IS PREPARED BY OUTSIDE CPA FIRM AND REVIEWED BY FINANCE TEAM.
FORM 990, PART VI, SECTION B, LINE 12CSTATEMENT OF FINANCIAL INTERESTS ARE FORWARDED TO PA STATE ETHICS COMMISSION ON FORM SEC-1.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS COMPARED TO THAT OF OTHER CHARTER SCHOOLS AND SALARIES ARE DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 18DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BY THOSE CHARGED WITH GOVERNANCE HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1PHILADELPHIA ACADEMY COMMUNITY DEVELOPMENT CORPORATIONBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11700 TOMLINSON ROADAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19116ZIPCode
FieldValueIRS element (for citing)
EIN200701353EIN
Primary ActivitiesOWNS AND LEASES SCHOOL FACILITY TO THE SCHOOL.PrimaryActivities
Legal Domicile StatePALegalDomicileState
Exempt Code Section501(C)(3)ExemptCodeSection
Public Charity StatusLINE 11A, IPublicCharityStatus
Controlled Org0ControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs1RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1PHILADELPHIA ACADEMY COMMUNITY DEVELOPMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeKTransactionType
Amount Involved803700AmountInvolved