2018-12-11T16:28:14-07:00 2018-06-30 264174690 Build the Future Education Collaborative 1617 JFK Boulevard Suite 1260 Philadelphia PA 19103 990 2017-07-01 233001981 Freire Charter School FREI 2155578555 2027 Chestnut Street Philadelphia PA 19103 Gerald Escovitz Board Chair 2155578555 2018-12-12 1 William Ray P00550706 2675834458 2018-11-15 38.122.23.10 2017 2019-02-21 02:37:17Z Gerald Escovitz 2027 Chestnut Street Philadelphia PA 19103 13894427 0 X http://freirecharterschool.org X 1999 PA Freire Charter School provides a college-preparatory learning experience with a focus on individual freedom, critical thinking, and problem solving in an environment that emphasizes the values of community, teamwork, and nonviolence. Friere Charter School is the power to build your future. 11 11 136 25 0 0 1594156 1853929 11408070 12040498 0 0 0 0 13002226 13894427 20000 20000 0 0 8232971 8958500 0 0 83224 4513667 4824964 12766638 13803464 235588 90963 7418792 7057755 15399849 14148849 -7981057 -7091094 Freire Charter School provides a college-preparatory learning experience with a focus on individual freedom, critical thinking, and problem solving in an environment that emphasizes the values of community, teamwork, and nonviolence. 0 0 13190588 10000 12040498 Freire Charter School provides a college-preparatory learning experience with a focus on individual freedom, critical thinking, and problem solving in an environment that emphasizes the values of community, teamwork, and nonviolence. Freire Charter School provided educational services to over 1,000 students in grades 5 through 12.. 0 0 0 13190588 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 136 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X Controller Build the Future Education Collaborative 2675834458 1617 JFK Boulevard Suite 1260 Philadelphia PA 19103 Gerald H Escovitz MD Board Chair 2 0 X 0 0 0 David Bryant Vice Chair 2 0 X 0 0 0 Beth Packel Treasurer 2 0 X 0 0 0 Bruce Lesser Secretary 2 0 X 0 0 0 Paul Archibald Director 1 0 X 0 0 0 Bruce Levine Director 1 0 X 0 0 0 Michael Maholick Director 1 0 X 0 0 0 Nicole Jenkins Board Member / Parent Representative 1 0 X 0 0 0 Lorraine White Director 1 0 X 0 0 0 William Brinkman Director 1 0 X 0 0 0 Lisa Hoffstein Director 1 0 X 0 0 0 Chris Zagacki CEO & Head of Middle School 40 0 X 106500 0 59897 Nicholas Fels Head of School - High School 40 0 X 104000 0 59115 210500 0 119012 2 0 1 0 Clean Tech 114 Chestnut Street 5th Floor Philadelphia PA 19106 Custodial Services 269032 Build the Future Education Collaborative 1617 JFK Boulevard Suite 1260 Philadelphia PA 19103 Charter Support Services 936351 2 0 0 0 0 1505534 348395 0 1853929 Local School District Funding 611110 11635401 11635401 0 0 State Subsidies 611110 308813 308813 0 0 All Other Program Service Income 611110 96284 96284 0 0 0 0 0 0 12040498 0 0 0 0 0 0 13894427 12040498 0 0 0 0 20000 20000 349249 314324 34925 5652038 5652038 0 0 776183 769213 6970 0 1675464 1670546 4918 0 505566 503929 1637 0 1040309 884263 72822 83224 90479 90479 23750 23750 204387 204387 0 0 12000 12000 77851 77851 264238 264238 1596776 1516937 79839 1616 322 1294 119476 119476 346013 342855 3158 114564 108836 5728 Approved Private Schools 481571 481571 0 0 Total After School Activities 357353 357353 0 0 Instructional Supplies and Books 78307 78307 0 0 All Other Expenses 16274 9469 6805 0 13803464 13190588 529652 83224 900839 1435356 9998 17438 557176 493248 548195 548195 0 0 22611 14019 5634480 2061981 3747502 3572499 1632471 977000 7418792 7057755 1011973 1045693 0 0 0 50000 0 0 0 0 0 0 2473876 2288156 0 0 11914000 10765000 15399849 14148849 X -9254683 -8375437 1273626 1284343 0 0 -7981057 -7091094 7418792 7057755 X 90963 0 0 0 -383000 1182000 X 0 1 X 1 1 1 X 0 0 0 0 0 0 0 0 4740368 1436418 3303950 0 894112 625563 268549 0 0 0 0 3572499 Deferred Outflows of Resources - OPEB 14000 Deferred Outflows of Resources - Pension 963000 977000 0 Net OPEB Liability 271000 Net Pension Liability 6569000 Deferred Inflows of Resources - OPEB 97000 Deferred Inflows of Resources - Pension 3828000 10765000 X 13894427 0 0 0 0 0 13894427 0 0 0 13894427 12621464 0 0 0 -1182000 -1182000 13803464 0 0 0 13803464 Schedule D, Part X, Line 2 The School is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been reflected in the School's financial statements. In addition, the School qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2). Schedule D, Part XII, Line 2d The current year change in the pension liability of ($1,153,000) and OPEB liability of ($29,000) are recorded as reduction to expenses in the audited financial statements, but not in the 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The School includes a "Statement of Diversity" on its website and in all of its marketing and admissions materials. The Statement reads: Freire Charter School values diversity and seeks students from diverse backgrounds. Freire Charter School does not discriminate on the basis of race, sex, gender, gender identity, sexual orientation, religion, ethnic origin, or disability in the admissions process. Schedule E, Part I, Line 6 The School receives various grans from the Federal Department of Education to serve the School's low income students, to serve the School's students with disabilities, to improve teacher development, and to support after school activities. 1 Academic Scholarships 4 20000 0 Schedule I, Part I, Line 2 The School selects one recipient per year to receive a four year scholarship. The student is selected by a committee using various standards defined by the School. All recipients are required to provide the School with a copy of his or her transcript at the end of each semester before a scholarship payment will be remitted. X 0 0 0 0 0 0 0 0 0 Chris Zagacki CEO & Head of Middle School 106500 0 0 0 0 0 33335 0 26563 0 166398 0 0 0 Nicholas Fels Head of School - High School 104000 0 0 0 0 0 32552 0 26563 0 163115 0 0 0 Form 990, Part VI, Section B, Line 11b A draft of the 990 is circulated via e-mail to all board members for review. Questions, comments, and revisions are addressed, and a final draft is prepared and presented to the board for formal review and approval at a regularly scheduled board meeting. Upon approval by the board, the 990 is electronically filed. Form 990, Part VI, Section B, Line 12c The School generally refrains from engaging in any activity with an actual or perceived conflict of interest. Annually, Board members are required to complete a "Statement of Financial Interest" which is used to monitor possible conflicts of interest. Any board member with an actual or perceived conflict of interest will recuse herself or himself prior to any votes. Form 990, Part VI, Section B, Line 15 The Heads of School's salaries are determined by the Board Chair. The Board Chair works with the School's Charter Management Organization to determine fair and reasonable compensation. Form 990, Part VI, Section C, Line 19 All such documents are made available upon request. Form 990, Part XI, Line 9 Current year change in pension liability of $1,153,000 and OPEB liability of $29,000. Build the Future Education Collaborative 1617 JFK Boulevard Suite 1260 Philadelphia PA 19103 473965219 Charter School support services. PA 501(c)(3) 509(a)(3) Freire Charter School 0 TECH Freire Charter School 2221 North Broad Street Philadelphia PA 19106 473965219 Operation of a grades 9 through 12 charter school PA 501(c)(3) 170(b)(1)(A)(II) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0