2013-02-05T13:56:31-06:00 2012-06-30 223008776 HAEFELE FLANAGAN & CO PC PO BOX 471 MOORESTOWN NJ 08057 990 2011-07-01 043733010 LA SALLE ACADEMY LASA 2157395804 1434 N SECOND STREET PHILADELPHIA PA 191223802 SR JEANNE MCGOWAN SSJ 2157395804 2013-01-25 1 MARY L LYNCH CPA P00002331 8567225300 2011 2016-02-25 16:41:14Z SR JEANNE MCGOWAN SSJ 1434 N 2ND STREET PHILADELPHIA PA 19122 2015294 0 X HTTP://WWW.LASALLEACADEMY.NET/ X 2003 PA PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN. 32 31 19 320 0 0 1503634 1987095 11230 13911 12198 14288 0 0 1527062 2015294 0 0 0 0 775301 801537 0 0 187757 298210 383783 1073511 1185320 453551 829974 1927969 2747949 0 0 1927969 2747949 PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN IN GRADES THREE THROUGH EIGHT. 0 0 856972 13911 PRIVATE ELEMENTARY SCHOOL WHICH IS DEDICATED TO EDUCATING CHLDREN 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. 856972 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 1 0 0 0 0 0 0 0 0 0 1 0 0 1 19 1 0 0 0 0 0 1 1 0 0 0 0 X 32 31 1 0 0 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 SR JEANNE MCGOWAN SSJ 40.00 X X 0 0 0 TERESA DIAMOND 40.00 X 84127 0 0 TIMOTHY J ABELL 1.00 X 0 0 0 DONNA BARTYNSKI 1.00 X 0 0 0 BR CARL CLAYTON FSC 1.00 X 0 0 0 JOHN FENNINGHAM ESQ 1.00 X 0 0 0 BR KEVIN DALMASSE FSC 1.00 X 0 0 0 JAMES D DANELLA 1.00 X 0 0 0 JOHN J DILULIO JR 1.00 X 0 0 0 DENNIS M DURKIN 1.00 X 0 0 0 MICHAEL WHITAKER MD 1.00 X X 0 0 0 DANIEL DIEHL 1.00 X 0 0 0 JAMES HASSON 1.00 X 0 0 0 GERALDINE HENWOOD 1.00 X 0 0 0 DALE LINTNER JR 1.00 X 0 0 0 JAMES LYNCH 1.00 X X 0 0 0 DR CAROL MELVIN PATE 1.00 X 0 0 0 FRANK C PALOPOLI 1.00 X 0 0 0 MAURA DIEHL 1.00 X 0 0 0 DONNA M PALMIERI 1.00 X 0 0 0 EUGENE P HUGHES JR MD 1.00 X 0 0 0 EILEEN M MAGINNIS 1.00 X 0 0 0 JOHN RILLING 1.00 X X 0 0 0 SR CATHERINE ROBINSON SSJ 1.00 X 0 0 0 JOHN SCHMITT 1.00 X X 0 0 0 BRUCE CUMBY 1.00 X 0 0 0 M CATHLENE DRISCOLL 1.00 X 0 0 0 KATHLEEN G LYNCH 1.00 X 0 0 0 BR JAMES RIECK FSC 1.00 X 0 0 0 ART SCHIEL 1.00 X 0 0 0 ALICIA VAN KIRK 1.00 X 0 0 0 BENJAMIN J VENTRESCA JR 1.00 X 0 0 0 KRISTINA L WAHL GLANZMANN 1.00 X 0 0 0 84127 0 0 0 0 0 0 0 27608 467622 1491865 246510 1987095 TUITION AND FEES 900099 13911 13911 13911 15881 15881 50881 52474 -1593 -1593 -1593 0 467622 0 0 2015294 28199 0 0 85782 85782 585522 434134 95000 56388 82259 67411 6644 8204 47974 39315 3875 4784 5250 4725 525 20048 19986 62 37232 33509 3723 22824 20542 2282 6903 6213 690 FUNDRAISING 118381 0 0 118381 GRADUATE SUPPORT 36633 36633 0 0 REPAIRS 30470 27423 3047 0 UTILITIES 27556 24700 2856 0 78486 56599 21887 1185320 856972 140591 187757 17954 4252 1531941 854828 921439 22824 357074 898615 969254 21000 21000 1927969 2747949 0 0 X 1291367 1757744 636602 990205 1927969 2747949 1927969 2747949 X 829974 -9994 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 636602 316000 37603 990205 642340 338000 6262 350000 636602 328124 310000 4216 642340 13313 310500 4311 328124 0.20000 0.80000 0.00000 0 0 35700 35700 744094 10884 733210 141645 11940 129705 898615 2015294 1185320 829974 -9994 -9994 819980 2089580 -9994 84280 74286 2015294 0 2015294 1269600 84280 84280 1185320 0 1185320 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE RESTRICTED AND REQUIRES THE ACADEMY TO CONTINUE ITS PRIMARY MISSION OF PROVIDING EDUCATIONAL ASSISTANCE TO EXTREMELY NEEDY CHILDREN. BEGINNING IN 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2009. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 STUDENTS ARE 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. GALA 353311 353311 SPONSOR A STUDENT 108700 108700 5611 5611 467622 467622 X BUILDING IMPROVEMENTS 9 222510 FAIR MARKET VALUE X EQUIPMENT 1 24000 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 DANIEL DIEHL AND MAURA DIEHL ARE HUSBAND AND WIFE. JIM AND KATHY LYNCH ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -9,994. NO CHANGES FROM PRIOR YEAR.