INDEPENDENCE MISSION SCHOOLS: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- INDEPENDENCE MISSION SCHOOLS (EIN 45-4720688)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-01-17
- IRS object ID
- 202020179349300627
- Schema version
- 2018v3.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-17T12:26:44-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471352305 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNELL & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 165 TOWNSHIP LINE RD STE 1100 | AddressLine1Txt |
| City | JENKINTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19046 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454720688 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILADELPHIA INDEPENDENT MISSION | BusinessNameLine1Txt |
| Business Name Line2 | SCHOOLS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 6102005100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1012 W THOMPSON STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19405 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MCELWEE | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 6102005100 | PhoneNum |
| Signature | 2020-01-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHANIE KLUG | PreparerPersonNm |
| PTIN | P01648983 | PTIN |
| Phone | 2158874425 | PhoneNum |
| Preparation | 2020-01-17 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.243.48.145 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-01-17 | IPDt |
| IP Tm | 12:26:44 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5B93BBDA4A9A0302A325E5A1708065449D2ABAF9 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5B93BBDA4A9A0302A325E5A1708065449D2ABAF9 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDEPENDENCE MISSION SCHOOLS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN MCELWEE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1012 W THOMPSON STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $36,140,063 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.INDEPENDENCEMISSIONSCHOOLS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC GRADE SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. OUR MISSION 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 705 | TotalEmployeeCnt |
| Total Volunteers | 85 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,807,152 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,791,565 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,987,626 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,931,892 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,290 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,762 | CYInvestmentIncomeAmt |
| PY Other Revenue | $27,820 | PYOtherRevenueAmt |
| CY Other Revenue | $283,416 | CYOtherRevenueAmt |
| PY Total Revenue | $30,840,888 | PYTotalRevenueAmt |
| CY Total Revenue | $36,027,635 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,234,547 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,173,524 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,123,937 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,815,281 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,365,185 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,107,473 | PYOtherExpensesAmt |
| CY Other Expenses | $7,276,651 | CYOtherExpensesAmt |
| PY Total Expenses | $32,465,957 | PYTotalExpensesAmt |
| CY Total Expenses | $32,265,456 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,625,069 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,762,179 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,301,245 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,909,731 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,105,963 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,757,111 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,195,282 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,152,620 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC GRADE SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. OUR MISSION 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $27,429,565 | ExpenseAmt |
| Grant | $3,173,524 | GrantAmt |
| Revenue | $14,931,892 | RevenueAmt |
| Desc | JUNE OF 2019 MARKS THE END OF IMS' SIXTH OPERATING SCHOOL YEAR. THE NETWORK CONTINUES TO SHOW STRONG PROGRESS IN THE CRITICAL AREAS OF ENROLLMENT AND SCHOLARSHIP. DEMAND FOR SEATS IS STRONG WITH SOME SCHOOLS EXPERIENCING WAIT LISTS. IMS CONTINUES TO MAKE SIGNIFICANT INVESTMENTS IN PROGRAMMING SUCH AS THE NEWLY INSTATED EUREKA MATH PROGRAM TO DRIVE ACADEMIC OUTCOMES FOR STUDENTS. | Desc |
| Total Program Service Expenses | $27,429,565 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 53 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 705 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MCELWEE | PersonNm |
| Phone | 6102005100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1012 W THOMPSON STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19405 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| JOHN CAVANAUGH | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TONY CELLUCCI | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL CURTIS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK DONNELLY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BISHOP MICHAEL J FITZGERALD | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHY FRIEL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN FIGGE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL S JACKSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BROTHER RICHARD KESTLER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN MCELWEE | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ANNE MCGOLDRICK | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIS A OGG | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN PHELAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL PICKENS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL PIOTROWICZ | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARC S RICHMAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH T STAPLETON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL STEPHANO | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL F YOUNG | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD NOURIE | ||||||||
| EMERITUS DIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LORIE HOWLEY | ||||||||
| EMERITUS DIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GERARD H SWEENEY | ||||||||
| EMERITUS DIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM BROUSSARD | ||||||||
| EMERITUS DIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY MCDONALD | ||||||||
| EMERITUS DIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREGORY VINCENT | ||||||||
| CHIEF ACADEM | 40.00 | $140,000 | $0 | $7,483 | Yes (X) | |||
| MARY DOYLE | ||||||||
| COO | 40.00 | $125,000 | $0 | $10,416 | Yes (X) | |||
| RICHARD AULETTA | ||||||||
| FORMER PRESI | 40.00 | $225,962 | $0 | $7,818 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $490,962 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $25,717 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| TADS | ||||||
| 110 N 5TH STREET | 2ND FLOOR | MINNEAPOLIS | MN | 55403 | TUITION MGMT | $287,066 |
| JT MILLER INC | ||||||
| 8511 WEST CHESTER PIKE | UPPER DARBY | PA | 19082 | MECHANICAL CONT | $221,571 | |
| SCHOOLKIT | ||||||
| 1330 OTIS PLACE NW | SUITE 2 | WASHINGTON | DC | 20010 | EDUCATIONAL SUP | $148,000 |
| JP MASCARO AND SONS | ||||||
| PO BOX 7250 | AUDUBON | PA | 19407 | WASTE REMOVAL | $110,727 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $20,791,565 | AllOtherContributionsAmt |
| Noncash Contributions | $669,130 | NoncashContributionsAmt |
| Total Contributions | $20,791,565 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $13,535,464 | $13,535,464 |
| OTHER SCHOOL INCOME | 611600 | $1,396,428 | $1,396,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,931,892 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,762 | TotalRevenueColumnAmt |
| Exclusion | $20,762 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $395,844 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $112,428 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $283,416 | TotalRevenueColumnAmt |
| Exclusion | $283,416 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,027,635 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,931,892 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $304,178 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,173,524 | TotalAmt |
| Program Services | $3,173,524 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,000 | TotalAmt |
| Program Services | $150,000 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,962 | TotalAmt |
| Program Services | $79,087 | ProgramServicesAmt |
| Management And General | $90,385 | ManagementAndGeneralAmt |
| Fundraising | $56,490 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,125,148 | TotalAmt |
| Program Services | $15,865,449 | ProgramServicesAmt |
| Management And General | $1,583,620 | ManagementAndGeneralAmt |
| Fundraising | $676,079 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,830 | TotalAmt |
| Program Services | $291,638 | ProgramServicesAmt |
| Management And General | $89,145 | ManagementAndGeneralAmt |
| Fundraising | $5,047 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,600,429 | TotalAmt |
| Program Services | $1,335,527 | ProgramServicesAmt |
| Management And General | $36,293 | ManagementAndGeneralAmt |
| Fundraising | $228,609 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,327,912 | TotalAmt |
| Program Services | $1,174,414 | ProgramServicesAmt |
| Management And General | $128,979 | ManagementAndGeneralAmt |
| Fundraising | $24,519 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,761 | TotalAmt |
| Management And General | $63,761 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,900 | TotalAmt |
| Management And General | $44,900 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,816 | TotalAmt |
| Program Services | $1,005 | ProgramServicesAmt |
| Fundraising | $48,811 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,722 | TotalAmt |
| Program Services | $22,761 | ProgramServicesAmt |
| Management And General | $75,370 | ManagementAndGeneralAmt |
| Fundraising | $1,591 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,025 | TotalAmt |
| Program Services | $805,142 | ProgramServicesAmt |
| Management And General | $49,883 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,352 | TotalAmt |
| Program Services | $65,352 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $551,850 | TotalAmt |
| Program Services | $83,934 | ProgramServicesAmt |
| Management And General | $467,916 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $624,023 | TotalAmt |
| Program Services | $461,239 | ProgramServicesAmt |
| Management And General | $160,816 | ManagementAndGeneralAmt |
| Fundraising | $1,968 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES/ACTIVITIES/EQUIP | $2,596,788 | $2,153,276 | $235,743 | $207,769 |
| REPAIRS AND MAINTENANCE | $1,009,492 | $1,008,202 | $1,290 | |
| TUITION MANAGEMENT FEES | $479,233 | $479,233 | ||
| CONSULTING FEES | $439,739 | $40,028 | $293,484 | $106,227 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $396,950 | TotalAmt |
| Program Services | $239,754 | ProgramServicesAmt |
| Management And General | $149,121 | ManagementAndGeneralAmt |
| Fundraising | $8,075 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,265,456 | TotalAmt |
| Program Services | $27,429,565 | ProgramServicesAmt |
| Management And General | $3,470,706 | ManagementAndGeneralAmt |
| Fundraising | $1,365,185 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595,970 | BOYAmt |
| EOY | $512,584 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,301,612 | BOYAmt |
| EOY | $4,243,606 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,910,546 | BOYAmt |
| EOY | $10,101,594 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,461 | BOYAmt |
| EOY | $228,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,888,088 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,764,724 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,354,090 | BOYAmt |
| EOY | $6,123,364 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,235 | BOYAmt |
| EOY | $100,877 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,030,331 | BOYAmt |
| EOY | $2,598,848 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,301,245 | BOYAmt |
| EOY | $23,909,731 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,763,842 | BOYAmt |
| EOY | $2,315,107 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $80,469 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,342,121 | BOYAmt |
| EOY | $2,271,035 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $90,500 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,105,963 | BOYAmt |
| EOY | $4,757,111 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,707,658 | BOYAmt |
| EOY | $14,560,125 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,487,624 | BOYAmt |
| EOY | $4,592,495 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,195,282 | BOYAmt |
| EOY | $19,152,620 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,301,245 | BOYAmt |
| EOY | $23,909,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,762,179 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $195,159 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,400,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,705,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,145,457 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,807,152 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,791,565 | CurrentTaxYearAmt |
| Total | $86,850,414 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,400,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,705,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,145,457 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,807,152 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,791,565 | CurrentTaxYearAmt |
| Total | $86,850,414 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,169,484 | SubstantialContributorsTotAmt |
| Public Support Total170 | $76,680,930 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,588 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,290 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,762 | CurrentTaxYearAmt |
| Total | $71,984 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $412,575 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $395,844 | CurrentTaxYearAmt |
| Total | $808,419 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $87,730,817 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $29,919,518 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87400 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84960 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME 412,575 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $224,051 | OtherCostOrOtherBasisAmt |
| Book Value | $224,051 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,081,594 | OtherCostOrOtherBasisAmt |
| Depreciation | $326,816 | DepreciationAmt |
| Book Value | $4,754,778 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,157,880 | OtherCostOrOtherBasisAmt |
| Depreciation | $324,883 | DepreciationAmt |
| Book Value | $832,997 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,345,884 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,035,652 | DepreciationAmt |
| Book Value | $310,232 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $78,679 | OtherCostOrOtherBasisAmt |
| Depreciation | $77,373 | DepreciationAmt |
| Book Value | $1,306 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,123,364 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST IN ASSETS OF OTH | $2,479,230 |
| PREPAID EXPENSES | $119,618 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,598,848 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUNDS HELD FOR OTHERS | Desc |
| Amt | $90,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $90,500 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $33,049,270 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $195,159 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$3,173,524 | OtherRevenueAmt |
| Revenue Not Reported | -$2,978,365 | RevenueNotReportedAmt |
| Revenue Subtotal | $36,027,635 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $36,027,635 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,091,932 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $29,091,932 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,173,524 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,173,524 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $32,265,456 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 -3,173,524 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | FINANCIAL AID 3,173,524 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPECIAL EVENTS | Event1Nm |
| Gross Receipts Event1 | $382,201 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $382,201 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $109,031 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $382,201 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $382,201 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $109,031 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $109,031 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $273,170 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 4225 | RecipientCnt |
| Non Cash Assistance | $3,173,524 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | FINANCIAL AID | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD AULETTA | PersonNm |
| Title | FORMER PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $225,962 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $7,818 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $233,780 | TotalCompensationFilingOrgAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UPPER DARBY INDUSTRIAL DEVELOPMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issued | 2016-12-28 | BondIssuedDt |
| Issue Price | $2,485,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION PROJECT | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $100,701 | RetiredAmt |
| Total Proceeds | $2,485,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $44,711 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $2,440,289 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| PORTER & CURTIS | |||
| BOARD MEMBER | $627,450 | INSURANCE | false |
| BRANDYWINE REALTY | |||
| EMERITUS BM | $23,105 | RENT | false |
| BEACON INSURANCE | |||
| BOARD MEMBER | $1,567,025 | INSURANCE | false |
| VALLEY FORGE INVESTMENT CO | |||
| BOARD PRESIDENT | $36,850 | ACCOUNTING SERVICES | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | WILLIAM CURTIS, BOARD MEMBER, IS THE OWNER OF PORTER & CURTIS LLC WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. GERALD SWEENEY, EMERITUS BOARD MEMBER, SERVES AS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF BRANDYWINE REALTY TRUST. BRANDYWINE REALTY TRUST LEASES OFFICE SPACE TO INDEPENDENCE MISSION SCHOOLS. ANTHONY CELLUCCI, BOARD MEMBER, IS EMPLOYED BY BEACON INSURANCE GROUP WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. BRIAN MCELWEE, BOARD PRESIDENT, IS EMPLOYED BY VALLEY FORGE INVESTMENT COMPANY. VALLEY FORGE INVESTMENT COMPANY PROVIDES ACCOUNTING SERVICES TO INDEPENDENCE MISSION SCHOOLS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $669,130 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC GRADE SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. OUR MISSION 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 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, TRUSTEES, 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. |
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