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KEYSTONE ACADEMY CHARTER SCHOOL: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KEYSTONE ACADEMY CHARTER SCHOOL (EIN 61-1524966)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202331359349310943
Schema version
2021v4.2
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)
Return2023-05-15T15:05:14-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN231518888PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAILLIE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 NORTH LEWIS RDAddressLine1Txt
CityLIMERICKCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19468ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN611524966EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KEYSTONE ACADEMY CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPLANBusinessNameControlTxt
Phone6106179121PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14521 LONGSHORE AVEAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19135ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR CLAUDIA LYLESPersonNm
Person TitleCEOPersonTitleTxt
Phone2153322111PhoneNum
Signature2023-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDRPersonFirstNm
Person LastCLAUDIA LYLESPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW R BAKER CPAPreparerPersonNm
PTINP01466344PTIN
Phone6109351420PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR CLAUDIA LYLESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14521 LONGSHORE AVEAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19135ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,998,666GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KEYSTONEACADEMYCS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO PROVIDE A RIGOROUS ACADEMIC PROGRAM UTILIZING A CONCENTRATED SCIENCE AND MATH CURRICULUM THAT EMPLOYS THE USE OF INTEGRATED TECHNOLOGY.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee79TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,234,050PYContributionsGrantsAmt
CY Contributions Grants$2,433,944CYContributionsGrantsAmt
PY Program Service Revenue$9,513,030PYProgramServiceRevenueAmt
CY Program Service Revenue$9,473,008CYProgramServiceRevenueAmt
PY Investment Income$2,675PYInvestmentIncomeAmt
CY Investment Income$805CYInvestmentIncomeAmt
PY Other Revenue$52,264PYOtherRevenueAmt
CY Other Revenue$90,909CYOtherRevenueAmt
PY Total Revenue$10,802,019PYTotalRevenueAmt
CY Total Revenue$11,998,666CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,813,569PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,018,392CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,896,835PYOtherExpensesAmt
CY Other Expenses$3,726,353CYOtherExpensesAmt
PY Total Expenses$8,710,404PYTotalExpensesAmt
CY Total Expenses$9,744,745CYTotalExpensesAmt
PY Revenues Less Expenses$2,091,615PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,253,921CYRevenuesLessExpensesAmt
Total Assets BOY$14,666,920TotalAssetsBOYAmt
Total Assets EOY$15,980,070TotalAssetsEOYAmt
Total Liabilities BOY$10,638,839TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,838,614TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,028,081NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,141,456NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE SCHOOL IS TO EMBRACE STRATEGIES THAT SUPPORT THE ELEMENTARY SCIENCE PROGRAM. THE SCHOOL SERVES STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,894,164ExpenseAmt
Revenue$9,563,917RevenueAmt
DescOPERATION OF PUBLIC SCHOOL CHARTERED BY THE COMMONWEALTH OFPENNSYLVANIA. DURING THE YEAR ENDED JUNE 30, 2022, THE SCHOOL SERVEDAPPROXIMATELY 645 CHILDREN, 66% OF WHOM WERE FROM LOW-INCOME FAMILIES.Desc
Total Program Service Expenses$6,894,164TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee79EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTILLI & THOMSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8565051300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 ROUTE 73 NORTH STE 302AddressLine1Txt
CityMARLTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08053ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
GRETCHEN ALSTON
PRESIDENT0.50Yes (X)Yes (X)$0$0$0
FRED PHELPS
VICE PRESIDENT0.50Yes (X)Yes (X)$0$0$0
MARIE MCCARTHY
MEMBER0.50Yes (X)$0$0$0
ALMA DIGGS
TREASURER0.50Yes (X)Yes (X)$0$0$0
TINA PETERSON
MEMBER0.50Yes (X)$0$0$0
DR ANTHONY STEVENSON
SECRETARY0.50Yes (X)Yes (X)$0$0$0
DINA HERNANDEZ
MEMBER0.50Yes (X)$0$0$0
DR CLAUDIA LYLES
CEO40.00Yes (X)$234,257$0$84,868
DR KATHRYN MAKAR
PRINCIPAL40.00$117,265$0$50,313Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$351,522TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$135,181TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EASTER SEALS
3975 CONSHOHOCKEN AVENUEPHILADELPHIAPA191315426DAY CARE/ AUTISM SERVICES$322,062
THE NUTRITION GROUP
580 WENDEL ROADIRWINPA15642FOOD SERVICE MANAGEMENT$210,674
CLEANNET USA
234 MALL BOULEVARD SUITE 115KING OF PRUSSIAPA19406JANITORIAL SERVICES$143,885
SAND AND SAIDEL PC
113 SOUTH 21ST STREETPHILADEPHIAPA19103LEGAL SERVICES$128,153
A STEP UP ACADEMY
520 MEETINGHOUSE ROADJENKINTOWNPA19046ACADEMIC SERVICES$120,166
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$2,433,944GovernmentGrantsAmt
Total Contributions$2,433,944TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL DISTRICT REVENUEDesc
Business611110BusinessCd
Total Revenue Column$9,473,008TotalRevenueColumnAmt
Related Or Exempt Func Income$9,473,008RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$9,473,008TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$805TotalRevenueColumnAmt
Exclusion$805ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS611110$83,759$83,759
FOOD SERVICE611110$7,150$7,150
FieldValueIRS element (for citing)
Other Revenue Total$90,909OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,998,666TotalRevenueColumnAmt
Related Or Exempt Func Income$9,563,917RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$805ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$351,522TotalAmt
Management And General$351,522ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,618,915TotalAmt
Program Services$3,148,456ProgramServicesAmt
Management And General$470,459ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$761,367TotalAmt
Program Services$662,389ProgramServicesAmt
Management And General$98,978ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$974,839TotalAmt
Program Services$848,110ProgramServicesAmt
Management And General$126,729ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$311,749TotalAmt
Program Services$271,222ProgramServicesAmt
Management And General$40,527ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$150,312TotalAmt
Management And General$150,312ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$34,000TotalAmt
Management And General$34,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,224,632TotalAmt
Management And General$1,224,632ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,297TotalAmt
Management And General$3,297ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$274,423TotalAmt
Program Services$124,314ProgramServicesAmt
Management And General$150,109ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$37,254TotalAmt
Program Services$36,509ProgramServicesAmt
Management And General$745ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,474,743TotalAmt
Program Services$1,327,269ProgramServicesAmt
Management And General$147,474ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$862TotalAmt
Management And General$862ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,148TotalAmt
Management And General$3,148ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$125,691TotalAmt
Program Services$125,691ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$87,362TotalAmt
Program Services$39,575ProgramServicesAmt
Management And General$47,787ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
FOOD SERVICE$250,700$250,700
BOOKS$59,929$59,929

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,744,745TotalAmt
Program Services$6,894,164ProgramServicesAmt
Management And General$2,850,581ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,970,292BOYAmt
EOY$10,381,993EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$638,932BOYAmt
EOY$594,093EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$431,497BOYAmt
EOY$325,485EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,116BOYAmt
EOY$8,789EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$103,562BOYAmt
EOY$98,547EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,090,341LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$813,653LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$314,751BOYAmt
EOY$276,688EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,177,770BOYAmt
EOY$4,294,475EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,666,920BOYAmt
EOY$15,980,070EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$810,562BOYAmt
EOY$1,002,027EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,828,277BOYAmt
EOY$8,836,587EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,638,839BOYAmt
EOY$9,838,614EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,028,081BOYAmt
EOY$6,141,456EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,028,081BOYAmt
EOY$6,141,456EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,666,920BOYAmt
EOY$15,980,070EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,253,921ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$140,546NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,090,341OtherCostOrOtherBasisAmt
Depreciation$813,653DepreciationAmt
Book Value$276,688BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$276,688TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DUE FROM OTHER FUNDS$2,925,448
DEFERRED OUTFLOWS OF RESOURCES, PENSION ACTIVITY$1,256,000
DEFERRED OUTFLOWS OF RESOURCES, OPEB ACTIVITY$96,000
OTHER ASSETS$17,027
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,294,475TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
DUE TO OTHER FUNDS$92,782
DUE TO OTHER GOVERNMENTS$216,065
NET PENSION LIABILITY$6,651,000
DEFERRED INFLOWS OF RESOURCES, PENSION ACTIVITY$1,412,000
DEFERRED INFLOWS OF RESOURCES, OPEB ACTIVITY$24,000
NET OPEB LIABILITY$382,000
UNEARNED REVENUE$58,740
FieldValueIRS element (for citing)
Total Liability$8,836,587TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,858,120TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$140,546NetUnrealizedGainsInvstAmt
Revenue Not Reported-$140,546RevenueNotReportedAmt
Revenue Subtotal$11,998,666RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,998,666TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,744,745TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,744,745ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,744,745TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL INCLUDES IN ITS PROMOTIONAL MATERIALS THE NONDISCRIMINATORY POLICIES.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVED AID FROM VARIOUS GOVERNMENT AGENCIES TO MAINTAIN ITS LEVEL OF CURRICULUM.
SCHEDULE E, LINE 6A/6BTHE ORGANIZATION RECEIVED AID FROM VARIOUS GOVERNMENT AGENCIES TO MAINTAIN ITS LEVEL OF CURRICULUM.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR CLAUDIA LYLES
CEO$234,257$0$0$0$0$0$73,669$0$11,199$0$319,125$0$0$0
DR KATHRYN MAKAR
PRINCIPAL$117,265$0$0$0$0$0$40,711$0$9,602$0$167,578$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE BOARD OF TRUSTEES APPROVES THE COMPENSATION AMOUNT FOR ALL INDIVIDUALS EMPLOYED BY THE SCHOOL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD MEMBERS WERE EACH GIVEN A COPY OF THE FORM 990 FOR REVIEW AND COMMENTS.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR, ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES COMPLETE CONFLICT OF INTEREST FORMS WHICH ARE REVIEWED BY THE BOARD PRESIDENT AND CEO.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD DETERMINES COMPENSATION FOR THE CEO AND OTHER ORGANIZATIONAL EMPLOYEES USING COMPARABLE DATA FROM OTHER CHARTER SCHOOLS AND THE SCHOOL DISTRICT OF PHILADELPHIA.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GOTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,224,632. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,224,632.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1KEYSTONE FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14521 LONGSHORE AVEAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19135ZIPCd
FieldValueIRS element (for citing)
EIN464731901EIN
Primary ActivitiesSUPPORTING ORGANIZATIONPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
KEYSTONE FOUNDATION
D$2,932,666ACTUAL ADVANCES ON BEHALF OF FDN
KEYSTONE FOUNDATION
K$1,033,713RENT PAID TO THE FDN
KEYSTONE FOUNDATION
D$7,019,176PROMISSORY NOTE GUARANTEE

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