2022-05-10T10:25:54-05:00 2021-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD SUITE 100 WILMINGTON DE 19809 990 2020-07-01 251867607 BYERSCHOOL FOUNDATION BYER 2157723053 1911 ARCH STREET PHILADELPHIA PA 19103 SANDRA HORROCKS CEO 2157723053 2022-05-10 SANDRA HORROCKS 999009999 STEVEN N KUTSUFLAKIS CPA P02478766 3024788940 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SANDRA HORROCKS 1911 ARCH STREET PHILADELPHIA PA 19103 1607115 0 X WWW.BYERSCHOOL.ORG X 2001 PA BYERSCHOOL FOUNDATION PROVIDES FINANCIAL SUPPORT AND GUIDANCE TO RUSSELL BYERS CHARTER SCHOOL. 8 8 3 0 0 0 971616 617866 797105 988997 757 252 5641 0 1775119 1607115 617124 455936 0 0 171250 159674 0 0 237109 1088982 1127112 1877356 1742722 -102237 -135607 12742250 18098630 10240514 16121935 2501736 1976695 THE BYERSCHOOL FOUNDATION PROVIDES FINANCIAL SUPPORT AND GUIDANCE TO THE RUSSELL BYERS CHARTER SCHOOL, A SCHOOL CHARTERED BY THE SCHOOL DISTRICT OF PHILADELPHIA UNDER THE PROVISIONS OF THE CHARTER SCHOOL LAW 24 PS. 0 0 1406200 455936 988997 THE BYERSCHOOL FOUNDATION PROVIDES FINANCIAL SUPPORT, GUIDANCE AND RAISES FUNDS TO SUPPORT RUSSELL BYERS CHARTER SCHOOL. IN ADDITION TO RAISING FUNDS TO SUPPORT THE EDUCATIONAL WORK OF THE RUSSELL BYERS CHARTER SCHOOL, THE BYERSCHOOL FOUNDATION OWNS THE BUILDING AND IS RESPONSIBLE FOR ALL CAPITAL REPAIRS. WE ALSO HOST EVENTS SUCH AS FOUNDERS DAY AND RAPPELLING OFF THE BUILDING FOR OUR OLDER STUDENTS TO BUILD THEIR CONFIDENCE. WE BUILD PARTNERSHIPS WITH OTHER ORGANIZATIONS SUCH AS OUTWARD BOUND AND BIG BROTHERS AND SISTERS TO ENGAGE OUR STUDENTS IN SUPPORTIVE WAYS. WE HAVE PROVIDED A BOOK OF STUDENT ART WORK FOCUSING ON PHILADELPHIA ICONS AND WE ARE ABOUT TO PUBLISH OUR SECOND EDITION. 1406200 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 11 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X RUTH GELB 2157723053 1835 ARCH STREET PHILADELPHIA PA 19103 LAURADA BYERS CHAIR 1.00 X X 0 0 0 RUSSELL BYERS JR BOARD MEMBER 1.00 X 0 0 0 JORDAN ROGERS BOARD MEMBER 1.00 X 0 0 0 TJ HURST BOARD MEMBER 1.00 X 0 0 0 DAVID KIRCHBLUM BOARD MEMBER 1.00 X 0 0 0 SANDY BAXTER BOARD MEMBER 1.00 X 0 0 0 EDY PENN SECRETARY/TREASURER 1.00 X X 0 0 0 KYM RAMSEY BOARD MEMBER 1.00 X 0 0 0 SANDY HORROCKS PRESIDENT/CEO 20.00 X 61352 0 0 61352 0 0 0 0 0 0 LOR-MAR 6710-A WESTFILED AVE PENNSAUKEN NJ 08110 716176 SCHINDLER ELEVATOR CORP PO BOX 70433 CHICAGO IL 60673 164554 BITTENBENDER CONSTRUCTION LLP 5 NORTH COLUMBUS BLVD PIER 5 PHILLADELPHIA PA 19106 140495 3 617866 617866 RENTAL INCOME 532000 988997 988997 988997 252 252 1607115 988997 0 252 328543 328543 127393 127393 61352 15336 46016 84412 21104 63308 11151 2788 8363 2759 690 2069 714 312 402 33805 14768 19037 8230 3595 4635 7094 1773 5321 12146 5306 6840 29882 7470 22412 571609 571609 378655 378655 42953 10738 32215 SPECIAL EVENTS 2658 2658 39366 15533 23833 1742722 1406200 99413 237109 1491497 1425603 12403 0 16419637 4420961 11125599 11998676 112751 4674351 12742250 18098630 124224 4999 10094043 16094687 22247 22249 10240514 16121935 X 1933309 1518442 568427 458253 2501736 1976695 12742250 18098630 X -135607 -389434 X X 0 1 X 1 0 X 992437 953032 956666 971616 617866 4491617 992437 953032 956666 971616 617866 4491617 577991 3913626 214631 7 757 252 215647 12188 44 5641 17873 4725137 0.82830 0.79210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 462470 462470 15903088 4366882 11536206 54079 54079 0 11998676 RESTRICTED CASH 4639991 SECURITY DEPOSITS 7800 PREPAID EXPENSE 26560 4674351 X 1607115 0 1607115 0 1607115 1742722 0 1742722 0 1742722 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLSOURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE FOUNDATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE FOUNDATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALITIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. 1 RUSSELL BYERS CHARTER SCHOOL 1911 ARCH STREET PHILADELPHIA PA 19103 251867604 501(C)(3) 328543 SCHOOL OPERATING GRANT 1 TUITION AWARDS AND SCHOLARSHIPS 127393 A PHIALDELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 236050858 2017-06-01 15375000 REVENUE REFUNDING BOND SERIES 0 1 0 A 10941680 166500 4885000 5890180 1 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 2 LAURADA BYERS, W. RUSSELL BYERS JR., AND JACK ADLER ARE ALL BOARD MEMBERS AND ALL HAVE A FAMILY RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 WAS PROVIDED TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, OFFICERS, AND MEMBERS OF A COMMITTEE WITH BOARD-DELEGATED POWERS. POTENTIAL CONFLICTS ARE REPORTED TO THE BOARD OR COMMITTEE CONSIDEREING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE DISINTERESTED MEMBERS OF THE BOARD OR COMMITTEE DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS IDENTIFIED, THE CHAIR OF THE BOARD OR COMMITEE SHALL APPOINT A DISINTERESTED PERSON OR COMMITEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF ITNEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A SIMPLE MAJORITY VOTE OF THE DISINTERESTED DIRECTOR OR MEMBERS OF THE COMMITTEE WHETHER THE TRANSCTION OR ARRAGENMENT IS IN THE FOUNDATION'S BEST INTEREST. ANNUAL DISCLOSURE OF ACTUAL AND POTENTIAL CONFLICTS IS REQUIRED. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON BOND REFUNDING -389,434. FORM 990 PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE AUDIT OVERSIGHT OR AUDITOR SELECTION PROCESS FROM THE PRIOR YEAR RUSSELL BYERS CHARTER SCHOOL 1911 ARCH STREET PHILADELPHIA PA 19103 251867604 PHILADELPHIA, PA CHARTER SCHOOL FOR GRADES K THROUGH 8 PA 501(C)(3) LINE 2 BYERSCHOOL FOUNDATION 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 RUSSELL BYERS CHARTER SCHOOL B 328543 RUSSELL BYERS CHARTER SCHOOL J 988997 RUSSELL BYERS CHARTER SCHOOL R 127393