CHILDREN SCHOLARSHIP FUND PHILADELPHIA: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
CHILDREN SCHOLARSHIP FUND PHILADELPHIA (EIN 23-3078729)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-10-17
IRS object ID
202202909349300605
Schema version
2021v4.0
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)
Return2022-10-17T07:16:21-04:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331062249PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LIMORGOODMAN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1160 ROCKHILL RDAddressLine1Txt
CityBALA CYNWYDCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN233078729EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHILDREN'S SCHOLARSHIP FUNDBusinessNameLine1Txt
Business Name Line2PHILADELPHIABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHILBusinessNameControlTxt
Phone2156708411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SOUTH BROAD STREET SUITE 1200AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEISHA JORDANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2156708411PhoneNum
Signature2022-10-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKEISHAPersonFirstNm
Person LastJORDANPersonLastNm
FieldValueIRS element (for citing)
SSN888008888SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGEOFFREY B RORABAUGHPreparerPersonNm
PTINP00760661PTIN
Phone6106676080PhoneNum
Preparation2022-10-06PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEISHA JORDANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SOUTH BROAD STREET STE 1200AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,694,928GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CSFPHILADELPHIA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionWITH OVER 20 YEARS OF EXPERIENCE AND OVER 28,500 SCHOLARSHIPS AWARDED, CSFP PROVIDES PHILADELPHIA CHILDREN WITH FOUR-YEAR, NEEDS-BASED SCHOLARSHIPS TO ATTEND SAFE, QUALITY, K-8TH GRADE SCHOOLS. SUPPORTING LOW-INCOME CHILDREN AND FAMILIES, UP TO 3 CHILDREN IN A FAMILY MAY RECEIVE A SCHOLARSHIP. STUDENTS ARE SELECTED FROM A RANDOM, NEEDS BASED LOTTERY.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers105TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$10,887,459PYContributionsGrantsAmt
CY Contributions Grants$12,657,055CYContributionsGrantsAmt
PY Program Service Revenue$61,432PYProgramServiceRevenueAmt
CY Program Service Revenue$98,447CYProgramServiceRevenueAmt
PY Investment Income$54,760PYInvestmentIncomeAmt
CY Investment Income$249,263CYInvestmentIncomeAmt
PY Other Revenue$72,522PYOtherRevenueAmt
CY Other Revenue$346,428CYOtherRevenueAmt
PY Total Revenue$11,076,173PYTotalRevenueAmt
CY Total Revenue$13,351,193CYTotalRevenueAmt
PY Grants And Similar Paid$11,033,919PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,433,356CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,101,845PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,293,913CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$496,722CYTotalFundraisingExpenseAmt
PY Other Expenses$464,183PYOtherExpensesAmt
CY Other Expenses$498,560CYOtherExpensesAmt
PY Total Expenses$12,599,947PYTotalExpensesAmt
CY Total Expenses$12,225,829CYTotalExpensesAmt
PY Revenues Less Expenses-$1,523,774PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,125,364CYRevenuesLessExpensesAmt
Total Assets BOY$23,362,465TotalAssetsBOYAmt
Total Assets EOY$24,817,690TotalAssetsEOYAmt
Total Liabilities BOY$1,313,689TotalLiabilitiesBOYAmt
Total Liabilities EOY$659,755TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$22,048,776NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$24,157,935NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWITH OVER 20 YEARS OF EXPERIENCE AND OVER 28,500 SCHOLARSHIPS AWARDED, CSFP PROVIDES PHILADELPHIA CHILDREN WITH FOUR-YEAR, NEEDS-BASED SCHOLARSHIPS TO ATTEND SAFE, QUALITY, K-8TH GRADE SCHOOLS. SUPPORTING LOW-INCOME CHILDREN AND FAMILIES, UP TO 3 CHILDREN IN A FAMILY MAY RECEIVE A SCHOLARSHIP. STUDENTS ARE SELECTED FROM A RANDOM, NEEDS BASED LOTTERY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$11,409,631ExpenseAmt
Grant$10,433,356GrantAmt
Revenue$98,447RevenueAmt
DescWITH OVER 20 YEARS OF EXPERIENCE AND OVER 28,500 SCHOLARSHIPS AWARDED, CSFP PROVIDES PHILADELPHIA CHILDREN WITH FOUR-YEAR, NEEDS-BASED SCHOLARSHIPS TO ATTEND SAFE, QUALITY, K-8TH GRADE SCHOOLS. SUPPORTING LOW-INCOME CHILDREN AND FAMILIES, UP TO 3 CHILDREN IN A FAMILY MAY RECEIVE A SCHOLARSHIP. STUDENTS ARE SELECTED FROM A RANDOM, NEEDS BASED LOTTERY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescSCHOLARSHIP AWARDS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$11,409,631TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee16EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMANAGEMENTPersonNm
Phone2156708411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SOUTH BROAD STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19110ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtKey EmployeeKeyEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
KEISHA JORDAN
EXECUTIVE DI40.00Yes (X)$211,061$0$0
JEREMY BEN-ZEV
DIRECTOR1.00$0$0$0Yes (X)
SHELLY L BOYCE
VICE CHAIR1.00$0$0$0Yes (X)Yes (X)
MARC BRYANT
DIRECTOR1.00$0$0$0Yes (X)
PATRICK BURKE
CHAIR1.00$0$0$0Yes (X)Yes (X)
MARGARET DINENNY
DIRECTOR1.00$0$0$0Yes (X)
JOSEPH FERGUSON
DIRECTOR1.00$0$0$0Yes (X)
JUDITH DURKIN FREYER
DIRECTOR1.00$0$0$0Yes (X)
STEVE KAPP
TREASURER1.00$0$0$0Yes (X)Yes (X)
LATEEFAH LUCKY
DIRECTOR1.00$0$0$0Yes (X)
SHARMAIN MATLOCK-TURNER
SECRETARY1.00$0$0$0Yes (X)Yes (X)
EVIE MCNIFF
DIRECTOR$0$0$0Yes (X)
ARTHUR MILLER
DIRECTOR1.00$0$0$0Yes (X)
ELIZABETH PORTH PHD
DIRECTOR1.00$0$0$0Yes (X)
MARC S RICHMAN
DIRECTOR1.00$0$0$0Yes (X)
JAMES E ROBINSON
DIRECTOR1.00$0$0$0Yes (X)
JOSE SANTIAGO
DIRECTOR1.00$0$0$0Yes (X)
YVETTE SMETANA
DIRECTOR1.00$0$0$0Yes (X)
MILES WILSON
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$211,061TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$12,657,055AllOtherContributionsAmt
Noncash Contributions$51,180NoncashContributionsAmt
Total Contributions$12,657,055TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOLARSHIP ADMIN SERVICESDesc
Total Revenue Column$98,447TotalRevenueColumnAmt
Related Or Exempt Func Income$98,447RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$98,447TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,818TotalRevenueColumnAmt
Related Or Exempt Func Income$120,818RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$472,180SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$343,735SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$128,445SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$128,445TotalRevenueColumnAmt
Related Or Exempt Func Income$128,445RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPPP FORGIVENESSDesc
Total Revenue Column$346,428TotalRevenueColumnAmt
Related Or Exempt Func Income$346,428RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$346,428OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,351,193TotalRevenueColumnAmt
Related Or Exempt Func Income$694,138RelatedOrExemptFuncIncomeAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$10,433,356TotalAmt
Program Services$10,433,356ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$211,061TotalAmt
Program Services$63,319ProgramServicesAmt
Management And General$73,871ManagementAndGeneralAmt
Fundraising$73,871FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$978,011TotalAmt
Program Services$607,237ProgramServicesAmt
Management And General$83,010ManagementAndGeneralAmt
Fundraising$287,764FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$23,100TotalAmt
Program Services$13,097ProgramServicesAmt
Management And General$3,026ManagementAndGeneralAmt
Fundraising$6,977FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$27,712TotalAmt
Program Services$15,712ProgramServicesAmt
Management And General$3,629ManagementAndGeneralAmt
Fundraising$8,371FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$54,029TotalAmt
Program Services$30,633ProgramServicesAmt
Management And General$7,077ManagementAndGeneralAmt
Fundraising$16,319FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,853TotalAmt
Program Services$16,515ProgramServicesAmt
Management And General$5,169ManagementAndGeneralAmt
Fundraising$5,169FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$73,360TotalAmt
Program Services$66,024ProgramServicesAmt
Fundraising$7,336FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$32,310TotalAmt
Program Services$15,330ProgramServicesAmt
Management And General$11,203ManagementAndGeneralAmt
Fundraising$5,777FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$81,085TotalAmt
Program Services$48,651ProgramServicesAmt
Management And General$32,434ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,280TotalAmt
Program Services$1,082ProgramServicesAmt
Management And General$558ManagementAndGeneralAmt
Fundraising$1,640FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,550TotalAmt
Management And General$9,550ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OUTSIDE SERVICES$108,467$66,706$20,880$20,881
EVENTS & PARTNERSHIPS$50,446$50,446
INVESTMENT MANAGEMENT$41,498$41,498
TELEPHONE$28,021$11,208$8,406$8,407

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$43,690TotalAmt
Program Services$20,761ProgramServicesAmt
Management And General$19,165ManagementAndGeneralAmt
Fundraising$3,764FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,225,829TotalAmt
Program Services$11,409,631ProgramServicesAmt
Management And General$319,476ManagementAndGeneralAmt
Fundraising$496,722FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,726,678BOYAmt
EOY$2,166,890EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,790,526BOYAmt
EOY$13,841,144EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,643,546BOYAmt
EOY$997,463EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$352,636EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$607BOYAmt
EOY$11,212EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$48,380LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$48,380LandBldgEquipAccumDeprecAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,198,333BOYAmt
EOY$7,445,570EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,775BOYAmt
EOY$2,775EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,362,465BOYAmt
EOY$24,817,690EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$666,397BOYAmt
EOY$123,624EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$647,292BOYAmt
EOY$536,131EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,313,689BOYAmt
EOY$659,755EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,713,194BOYAmt
EOY$1,908,929EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,335,582BOYAmt
EOY$22,249,006EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,048,776BOYAmt
EOY$24,157,935EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,362,465BOYAmt
EOY$24,817,690EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,125,364ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$983,795NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,761,543CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,331,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,405,542CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,887,460CurrentTaxYearMinus1YearAmt
Current Tax Year$12,657,055CurrentTaxYearAmt
Total$66,042,877TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,761,543CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,331,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,405,542CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,887,460CurrentTaxYearMinus1YearAmt
Current Tax Year$12,657,055CurrentTaxYearAmt
Total$66,042,877TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$22,543,783SubstantialContributorsTotAmt
Public Support Total170$43,499,094PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$79,161CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$206,786CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$306,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$92,187CurrentTaxYearMinus1YearAmt
Current Tax Year$120,818CurrentTaxYearAmt
Total$805,946TotalAmt
FieldValueIRS element (for citing)
Total Support$66,848,823TotalSupportAmt
Gross Receipts Rltd Activities$1,179,832GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65070PublicSupportCY170Pct
Public Support PY1700.63800PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$24,190OtherCostOrOtherBasisAmt
Depreciation$24,190DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,090OtherCostOrOtherBasisAmt
Depreciation$7,090DepreciationAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,100OtherCostOrOtherBasisAmt
Depreciation$17,100DepreciationAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
SCHOLARSHIP FUNDS HELD FOR OTHERS$413,414
DEFERRED REVENUE$110,000
PNC VISA$11,346
ACCRUED EXPENSES$1,371
FieldValueIRS element (for citing)
Total Liability$536,131TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$14,334,686TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$983,493NetUnrealizedGainsInvstAmt
Revenue Not Reported$983,493RevenueNotReportedAmt
Revenue Subtotal$13,351,193RevenueSubtotalAmt
Total Revenue Per Form990$13,351,193TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$12,225,829TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$12,225,829ExpensesSubtotalAmt
Total Expenses Per Form990$12,225,829TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIP PAYMENTGrantTypeTxt
Cash Grant$10,433,356CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION ISSUES GRANT PAYMENTS DIRECTLY EACH RECIPIENTS' SCHOOL. PRIOR TO THE ISSUANCE OF THE GRANT, THE ORGANIZATION HAS A DUE DILIGENCE PROCESS TO ENSURE THE SCHOOL IS ACCREDITED AND THEN CONFIRMS WITH THE SCHOOL TO ENSURE THE STUDENT IS ENROLLED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKEISHA JORDANPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$211,061BaseCompensationFilingOrgAmt
Total Compensation Filing Org$211,061TotalCompensationFilingOrgAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$51,180NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONWITH OVER 20 YEARS OF EXPERIENCE AND OVER 28,500 SCHOLARSHIPS AWARDED, CSFP PROVIDES PHILADELPHIA CHILDREN WITH FOUR-YEAR, NEEDS-BASED SCHOLARSHIPS TO ATTEND SAFE, QUALITY, K-8TH GRADE SCHOOLS. SUPPORTING LOW-INCOME CHILDREN AND FAMILIES, UP TO 3 CHILDREN IN A FAMILY MAY RECEIVE A SCHOLARSHIP. STUDENTS ARE SELECTED FROM A RANDOM, NEEDS BASED LOTTERY.
FORM 990, PAGE 2, PART III, LINE 4DSCHOLARSHIP AWARDS.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 12CCONFLICTS ARE REVIEWED AND RESOLVED IN A TIMELY MANNER.
FORM 990, PAGE 6, PART VI, LINE 15ABOARD COMMITTEE REVIEWS SALARIES AND COMPARES IT TO OTHER AREA NOT-FOR-PROFITS.
FORM 990, PAGE 6, PART VI, LINE 15BNO COMPENSATION FOR OFFICER, BUT BOARD COMMITTEE REVIEWS SALARIES OF OTHER KEY EMPLOYEES AND COMPARES IT TO OTHER AREA NOT-FOR-PROFITS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE BY REQUEST.

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