2026-05-15T15:02:52-05:00 2025-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2024-07-01 043733010 LA SALLE ACADEMY LASA 2157395804 1434 N SECOND STREET PHILADELPHIA PA 191223802 MARIA WALKER PRESIDENT 2157395804 2026-05-11 1 1 CRISTOPHER A SEFRANSKY P01264313 8567225300 2024 2025-03-06 01:10:19Z MARIA WALKER 1434 N 2ND STREET PHILADELPHIA PA 19122 3762951 0 X HTTP://WWW.LASALLEACADEMY.NET/ X 2003 PA PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY, AND SOCIALLY AT RISK CHILDREN. 36 35 26 36 0 0 2021588 1962076 11840 10730 248972 397621 94285 97345 2376685 2467772 0 0 0 0 1359575 1528864 0 0 233685 873732 759373 2233307 2288237 143378 179535 16174479 16939535 0 0 16174479 16939535 PRIVATE ELEMENTARY SCHOOL FOR ECONOMICALLY, ACADEMICALLY AND SOCIALLY AT RISK CHILDREN IN GRADES THREE THROUGH EIGHT. 0 0 1544562 10730 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. 1544562 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 26 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARIA WALKER PRESIDENT LA SALLE ACADEMY 2157395804 1434 N 2ND STREET PHILADELPHIA PA 19122 BR GERARD MOLYNEAUX FSC PHD TRUSTEE 1.00 X 0 0 0 BRIAN RILEY TRUSTEE 1.00 X 0 0 0 CAROL MELVIN PATE EDD SECRETARY/TRUSTEE 1.00 X X 0 0 0 DALE LINTNER JR TRUSTEE 1.00 X 0 0 0 DENNIS M DURKIN TRUSTEE 1.00 X 0 0 0 DONNA BARTYNSKI TRUSTEE 1.00 X 0 0 0 EILEEN M MAGINNIS TRUSTEE 1.00 X 0 0 0 FRANK C PALOPOLI TRUSTEE 1.00 X 0 0 0 GREGORY F VIZZA ESQ TRUSTEE 1.00 X 0 0 0 JAMES D DANELLA TRUSTEE 1.00 X 0 0 0 JAMES LYNCH TRUSTEE 1.00 X 0 0 0 JOHN FENNINGHAM ESQ CHAIRMAN/TRUSTEE 1.00 X X 0 0 0 JOHN RILLING CPA TREASURER/TRUSTEE 1.00 X X 0 0 0 JULIE PUKAS TRUSTEE 1.00 X 0 0 0 KATHLEEN G LYNCH TRUSTEE 1.00 X 0 0 0 KRISTINE GRADY DEREWICZ ESQ TRUSTEE 1.00 X 0 0 0 M CATHLENE DRISCOLL ESQ TRUSTEE 1.00 X 0 0 0 MARY BETH HUGHES ESQ TRUSTEE 1.00 X 0 0 0 MICHAEL J O'NEILL JR TRUSTEE 1.00 X 0 0 0 PETER MADDEN TRUSTEE 1.00 X 0 0 0 SR JEANNE MCGOWAN SSJ PRESIDENT EMERITA 40.00 X 0 0 0 SR KAREN DIETRICH SSJ PHD TRUSTEE 1.00 X 0 0 0 SR ROSANNE ORCHON SSJ TRUSTEE 1.00 X 0 0 0 TERESA DIAMOND PRINCIPAL - NON-VOTING 40.00 X X 101540 0 27088 TIMOTHY J ABELL TRUSTEE 1.00 X 0 0 0 PAUL BUCCO ESQ TRUSTEE 1.00 X 0 0 0 AL SALVITTI TRUSTEE 1.00 X 0 0 0 MARIA WALKER PRESIDENT 40.00 X X 134286 0 6662 BR JOSEPH MAHON FSC PHD TRUSTEE 1.00 X 0 0 0 TIMOTHY WOOLLEY TRUSTEE 1.00 X 0 0 0 THERESA ALLEN TRUSTEE 1.00 X 0 0 0 THOMAS S PERRINO TRUSTEE 1.00 X 0 0 0 ROBERT JOHNSON TRUSTEE 1.00 X 0 0 0 LINDSAY HIGGINS MCFADDEN TRUSTEE 1.00 X 0 0 0 MICHAEL WADE TRUSTEE 1.00 X 0 0 0 235826 0 33750 2 0 0 0 0 1962076 3265 1962076 TUITION AND FEES 900099 10730 10730 10730 273775 273775 1346458 1222612 123846 123846 123846 169912 72567 97345 97345 2467772 10730 0 494966 X 235826 235826 1028147 535007 346487 146653 167951 102424 46040 19487 96940 59118 26574 11248 13000 13000 54869 53840 1029 144196 129776 14420 10635 9571 1064 REPAIRS 131167 118050 13117 GRADUATE SUPPORT 73494 73494 NURSE AND HEALTH SERVIC 65767 65767 FUNDRAISING 55975 55975 210270 161689 48259 322 2288237 1544562 509990 233685 136 1460 1751370 1590313 5514012 1107764 4425825 4406248 9997148 10941514 16174479 16939535 0 0 X 13005195 13467785 3169284 3471750 16174479 16939535 16174479 16939535 179535 585521 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 9997148 944366 10941514 8872975 360000 764173 9997148 7776152 420000 676823 8872975 7524757 1260542 -843910 165237 7776152 5340841 1218714 1177238 212036 7524757 0.68610 0.31390 0 0 114499 114499 5140737 889292 4251445 237334 197030 40304 21442 21442 0 4406248 X 3135235 585521 9375 72567 667463 2467772 0 2467772 2370179 9375 72567 81942 2288237 0 2288237 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. THE ACADEMY MAY MAKE WITHDRAWALS TO PAY EXPENSES FOR OPERATING AND MAINTAINING THE SCHOOL. THE WITHDRAWAL AMOUNT IS LIMITED TO 5% OF THE PRINCIPAL OF THE ENDOWMENT AS OF THE FIRST DAY OF THE FISCAL YEAR. PER THE TERMS OF THE AGREEMENT, INCOME EARNED BY THE ENDOWMENT WILL BE DEEMED ADDED TO THE PRINCIPAL AMOUNT EACH YEAR. DURING THE YEARS ENDED JUNE 30, 2025 AND 2024, $-0- WAS WITHDRAWN FROM THE ENDOWMENT. AT JUNE 30, 2025, A CUMULATIVE TOTAL OF $396,565 HAS BEEN WITHDRAWN FROM THE ENDOWMENT. THE ACADEMY INVESTS THE ENDOWMENT FUND IN A BROKERAGE ACCOUNT MADE UP OF MARKETABLE SECURITIES. THE ACADEMY MAINTAINS BOARD DESIGNATED INVESTMENT ACCOUNTS AS RESERVES IN THE EVENT CASH ACCOUNTS ARE NOT SUFFICIENT TO COVER OPERATING NEEDS, OR FUTURE REVENUES ARE NEGATIVELY IMPACTED BY ECONOMIC DOWNTURNS, CHANGES IN DONOR PREFERENCES, OR CHANGES IN THE COMMONWEALTH OF PENNSYLVANIA'S EDUCATION IMPROVEMENT AND OPPORTUNITY SCHOLARSHIP TAX CREDIT PROGRAMS. 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. THE ACADEMY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR YEARS ENDING BEFORE JUNE 30, 2022. 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 169912 169912 72567 169912 169912 72567 72567 97345 FORM 990, PART VI, SECTION A, LINE 2 JIM AND KATHY LYNCH ARE HUSBAND AND WIFE. 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 SALARY FOR THE PRINCIPAL IS SET BY THE PRESIDENT IN CONSULTATION WITH THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE SALARY FOR THE PRESIDENT IS SET BY 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 IX, LINE 24E UTILITIES: PROGRAM SERVICE EXPENSES 44,784. MANAGEMENT AND GENERAL EXPENSES 4,976. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,760. OTHER SUPPORT COSTS: PROGRAM SERVICE EXPENSES 26,698. MANAGEMENT AND GENERAL EXPENSES 15,208. FUNDRAISING EXPENSES 322. TOTAL EXPENSES 42,228. FAMILY ASSISTANCE: PROGRAM SERVICE EXPENSES 27,872. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,872. PROGRAMS: PROGRAM SERVICE EXPENSES 20,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,113. CONTINGENCY FUNDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,550. SUPPLIES: PROGRAM SERVICE EXPENSES 13,713. MANAGEMENT AND GENERAL EXPENSES 455. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,168. MEALS: PROGRAM SERVICE EXPENSES 13,501. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,501. BOARD EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,070. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,070. TEACHING MATERIALS: PROGRAM SERVICE EXPENSES 8,147. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,147. TEXTBOOKS: PROGRAM SERVICE EXPENSES 4,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,175. SPORTS EQUIPMENT AND FEES: PROGRAM SERVICE EXPENSES 2,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,686. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NEITHER CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE YEAR. FORM 990, SCHEDULE D, PAGE 2, PART V BOARD DESIGNATED INVESTMENTS WERE NOT CONSIDERED FOR THE SCHEDULE D ENDOWMENT TABLE IN PAST YEARS. THESE AMOUNTS WERE ADDED FOR INCLUSION IN THE JUNE 30, 2025 TABLE AND GOING FORWARD.