2021-12-13T14:17:19-06:00 2021-06-30 471352305 O'CONNELL & COMPANY LLC 165 TOWNSHIP LINE RD STE 1100 JENKINTOWN PA 19046 990 2020-07-01 454720688 INDEPENDENCE MISSION SCHOOLS INDE 6102005100 1012 W THOMPSON STREET PHILADELPHIA PA 19405 BRIAN MCELWEE CHAIRMAN 6102005100 2021-12-13 true BRIAN MCELWEE 999009999 TERENCE M O'CONNELL P01436232 2158874425 2021-12-13 2020 2022-09-23 18:48:47Z X BRUCE ROBINSON C/O 1012 W THOMPSON STREET PHILADELPHIA PA 19405 31444372 false X WWW.INDEPENDENCEMISSIONSCHOOLS.ORG X 2012 PA INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. 21 18 637 2 0 17464694 21572407 11492584 9789409 9476 -89829 139103 73971 29105857 31345958 2006477 1023085 0 19472210 20781206 0 1145524 5422990 6035195 26901677 27839486 2204180 3506472 29413076 31809598 7740164 5812876 21672912 25996722 X INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. false false 23632270 1023085 9789409 JUNE OF 2021 MARKS THE END OF IMS' SEVENTH OPERATING SCHOOL YEAR. IMS HAS JUST COMPLETED AN AMBITIOUS 5 YEAR STRATEGIC PLAN WHICH FOCUSES ON IMPROVING ACADEMIC OUTCOMES, CREATING AN EXEMPLARY STUDENT AND FAMILY EXPERIENCE, DEVELOPING FINANCIAL SUSTAINABILITY, AND CONTINUING TO DEVELOP A HIGH PERFORMING BOARD OF DIRECTORS. THE STRATEGIC PLAN IS SUPPORTED BY A GOAL OF RAISING 50M OVER THE NEXT FIVE YEARS FOR ACADEMIC INITIATIVES, STUDENT FINANCIAL AID, AND SCHOOL BUILDING IMPROVEMENTS. THIS PAST YEAR WAS CHALLENGING GIVEN THE COVID-19 PANDEMIC AND ITS IMPACT WAS WIDESPREAD. HOWEVER, AS A RESULT, IMS HAS BECOME MORE TECHNOLOGICALLY PROFICIENT WHICH IMS BELIEVES WILL IMPROVE INSTRUCTION AND LEARNING LONG-TERM. 23632270 true true false false false false false false false false true false false true true true true false false false false false false false true false false false true true true false false false false false false false true false true true false false false false false false false false true 37 0 637 true false false false false false false false false false false false false false false X 21 18 true false false false false false false true true false false true true true true true false true false false PA X BRUCE ROBINSON 6102005100 C/O 1012 W THOMPSON STREET PHILADELPHIA PA 19405 BRUCE ROBINSON CEO AND PRES 40.00 X 268962 0 20527 MICHELLE BROWN CHIEF DEVEL. 40.00 X 127019 0 12595 SYDNEY CLAIRE-FROSCH CHIEF ACAD. 40.00 X 125727 0 11109 BRIAN KENNETH MORTON DEP. CHIEF O 40.00 X 110677 0 10781 NATALIA GALLON-GARCIA CHIEF OF HR 40.00 X 101365 0 9891 CYNTHIA ARCHER BOARD MEMBER 1.00 X 0 0 0 ANTHONY CELLUCCI BOARD MEMBER 2.00 X 0 0 0 BILL CURTIS BOARD MEMBER 0.40 X 0 0 0 SR KAREN C DIETRICH BOARD MEMBER 0.20 X 0 0 0 TOM DOUGHERTY BOARD MEMBER 0.20 X 0 0 0 JOHN FIGGE BOARD MEMBER 1.00 X 0 0 0 BISHOP MICHAEL J FITZGERALD BOARD MEMBER 0.20 X 0 0 0 KATHY FRIEL BOARD MEMBER 5.00 X 0 0 0 DAVID P HARDY BOARD MEMBER 0.40 X 0 0 0 LORIE HOWLEY EMERITUS DIR X 0 0 0 MICHAEL S JACKSON BOARD MEMBER 1.00 X 0 0 0 SEAN-TAMBA MATTHEW BOARD MEMBER 0.20 X 0 0 0 BRIAN MCELWEE CHAIRMAN 6.00 X X 0 0 0 RICHARD NOURIE EMERITUS DIR X 0 0 0 MARIS A OGG BOARD MEMBER 1.00 X 0 0 0 KEN PHELAN VICE CHAIR 3.00 X X 0 0 0 DANIEL PICKENS BOARD MEMBER 1.00 X 0 0 0 MICHAEL PIOTROWICZ BOARD MEMBER 2.00 X 0 0 0 MARC S RICHMAN BOARD MEMBER 0.20 X 0 0 0 JOSEPH T STAPLETON SECRETARY 5.00 X X 0 0 0 MICHAEL STEPHANO BOARD MEMBER 1.00 X 0 0 0 GERARD H SWEENEY EMERITUS DIR X 0 0 0 MONSIGNOR JOSEPH T TRINH BOARD MEMBER 0.20 X 0 0 0 MICHAEL F YOUNG BOARD MEMBER 6.00 X 0 0 0 733750 64903 6 false true false INDEPENDENCE BLUE CROSS LOCKBOX 3092 PO BOX 8500 PHILADELPHIA PA 19178 HEALTH INS 1771178 STAPLES CONTRACT AND COMMERCIAL LLC PO BOX 95230 CHICAGO IL 60694 EQUIPMENT 569805 OFFICE BASICS PO BOX 2230 BOOTHWYN PA 19061 OFFICE SUPPLIES 348335 TADS 110 N 5TH STREET 2ND FLOOR MINNEAPOLIS MN 55403 TUITION MGMT 300966 TRAVELERS CL REMITTANCE CENTER PO BOX 660317 DALLAS TX 75266 INSURANCE 274717 20 3913533 17658874 631457 21572407 TUITION 611600 9166980 9166980 OTHER SCHOOL INCOME 611600 622429 622429 9789409 8585 8585 98414 -98414 -98414 -98414 73971 73971 73971 31345958 9690995 82556 1023085 1023085 291115 101890 116446 72779 17054882 14653644 1763188 638050 388985 341009 46118 1858 1469375 1319121 144733 5521 1576849 1387628 173453 15768 19157 19157 42200 42200 90215 3608 86607 69993 28112 41881 649040 641949 7091 97961 97961 788402 772634 15768 608460 581636 25753 1071 SUPPLIES/ACTIVITIES/EQUIP 2002429 1480398 309401 212630 REPAIRS AND MAINTENANCE 883021 879298 3027 696 CONSULTING FEES 356595 99847 146204 110544 TUITION MANAGEMENT FEES 245319 245319 182403 76700 105703 27839486 23632270 3061692 1145524 1720529 365952 8331606 9436635 9182590 9943573 70283 127704 11503827 2935162 7443268 8568665 104127 151696 2560673 3215373 29413076 31809598 1538719 1536779 62916 111563 2197573 2121897 3876956 2002137 64000 40500 7740164 5812876 X 16214298 19096189 5458614 6900533 21672912 25996722 29413076 31809598 3506472 817338 X false true X true false X 19145457 15807152 20791565 17464694 21572407 94781275 19145457 15807152 20791565 17464694 21572407 94781275 6767537 88013738 14254 18290 20762 9476 8585 71367 412575 395844 261616 73971 1144006 95996648 51201511 0.91680 0.90040 X PART II, LINE 10 OTHER INCOME 1,070,035 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 224051 224051 6404946 687444 5717502 1923112 518151 1404961 2873039 1652194 1220845 78679 77373 1306 8568665 BENEFICIAL INTEREST IN ASSETS OF OTH 3048143 PREPAID EXPENSES 167230 3215373 FUNDS HELD FOR OTHERS 40500 40500 X 31140211 817338 -1023085 -205747 31345958 31345958 26816401 26816401 1023085 1023085 27839486 SCHEDULE D, PAGE 3, PART X IMS IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. IMS HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. IMS HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D FINANCIAL AID -1,023,085 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 1,023,085 SPECIAL EVENTS 67322 67322 SCHOOL FUNDRAIS 6649 6649 73971 73971 73971 true FINANCIAL AID 3064 1023085 FMV FINANCIAL AID false false false false false false false false false BRUCE ROBINSON CEO AND PRESIDENT 268962 20527 289489 A UPPER DARBY INDUSTRIAL DEVELOPMENT 2016-12-28 2485000 CONSTRUCTION PROJECT false false false A 100701 2485000 44711 2440289 false false true true A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION UPPER DARBY INDUSTRIAL DEVELOPMENT CONSTRUCTION PROJECT PORTER & CURTIS BOARD MEMBER 228814 INSURANCE false BEACON INSURANCE BOARD MEMBER 1756129 INSURANCE false VALLEY FORGE INVESTMENT CO BOARD PRESIDENT 267852 ACCOUNTING SERVICES false SCHEDULE L, PART V WILLIAM CURTIS, BOARD MEMBER, IS AN OWNER OF PORTER & CURTIS LLC WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. ANTHONY CELLUCCI, BOARD MEMBER, IS EMPLOYED BY BEACON INSURANCE GROUP WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. BRIAN MCELWEE, BOARD PRESIDENT, IS AN OWNER OF VALLEY FORGE INVESTMENT COMPANY. VALLEY FORGE INVESTMENT COMPANY PROVIDES ACCOUNTING SERVICES TO INDEPENDENCE MISSION SCHOOLS. X 631457 MARKET VALUE false true false FORM 990 - ORGANIZATION'S MISSION INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 5,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 2 KATHY FRIEL BRIAN MCELWEE TREASURER BOARD PRESID BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AND RECOMMENDS TO THE BOARD OF DIRECTORS THAT IT BE APPROVED. A DRAFT OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY CONFLICTS AND REVIEWS NEW VENDORS AND PROVIDERS WITH EXISTING DISLOSURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS AND APPROVES COMPENSATION ADJUSTMENTS FOR THE PRESIDENT AND THE CHIEF FINANCIAL OFFICER. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.