2019-04-30T12:49:01-05:00 2018-06-30 471352305 O'CONNELL & COMPANY LLC 165 TOWNSHIP LINE RD STE 1100 JENKINTOWN PA 19046 990 2017-07-01 454720688 PHILADELPHIA INDEPENDENT MISSION SCHOOLS PHIL 6102005100 640 BUSINESS FREEDOM CENTER DR 115 KING OF PRUSSIA PA 19406 BRIAN MCELWEE CHAIRMAN 6102005100 2019-04-30 true TERENCE M O'CONNELL P01436232 2158874425 2019-04-30 50.243.48.145 2019-04-30 12:49:01 CD P 5B93BBDA4A9A0302A325E5A1708065449D2ABAF9 358B9C2629B8503BD02F7454FFD448924ED25D9D 2017 2020-01-14 16:20:31Z INDEPENDENCE MISSION SCHOOLS BRIAN MCELWEE 640 BUSINESS FREEDOM CENTER DR 115 KING OF PRUSSIA PA 19406 31225643 false X WWW.INDEPENDENCEMISSIONSCHOOLS.ORG X 2012 PA 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. 19 18 764 100 0 19145457 15807152 15542896 14987626 14254 18290 165766 27820 34868373 30840888 3637869 3234547 0 20256825 22123937 0 1365830 6796525 7107473 30691219 32465957 4177154 -1625069 21068108 19301245 4247757 4105963 16820351 15195282 X 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. false false 26581456 3234547 14987626 JUNE OF 2018 MARKS THE END OF IMS' FIFTH 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. 26581456 true true false false false false false false false false true false false true false 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 64 0 true 764 true false false false false false false false false false false false false X 19 18 false false false false false false false true true false false true true true true true false true false false PA X X X BRIAN MCELWEE 6102005100 640 BUSINESS FREEDOM CENTER DR 115 KING OF PRUSSIA PA 19406 PATTI BOYLE BOARD MEMBER 1.00 X 0 0 0 JOHN CAVANAUGH BOARD MEMBER 1.00 X 0 0 0 TONY CELLUCCI BOARD MEMBER 1.00 X 0 0 0 BILL CURTIS BOARD MEMBER 1.00 X 0 0 0 JACK DONNELLY BOARD MEMBER 1.00 X 0 0 0 BISHOP MICHAEL J FITZGERALD BOARD MEMBER 1.00 X 0 0 0 KATHY FRIEL BOARD MEMBER 1.00 X 0 0 0 LORIE HOWLEY BOARD MEMBER 1.00 X 0 0 0 MICHAEL S JACKSON BOARD MEMBER 1.00 X 0 0 0 BROTHER RICHARD KESTLER BOARD MEMBER 1.00 X 0 0 0 MARY MCDONALD BOARD MEMBER 1.00 X 0 0 0 BRIAN MCELWEE CHAIRMAN 1.00 X X 0 0 0 ANNE MCGOLDRICK BOARD MEMBER 1.00 X 0 0 0 MARIS A OGG BOARD MEMBER 1.00 X 0 0 0 KEN PHELAN BOARD MEMBER 1.00 X 0 0 0 DANIEL PICKENS BOARD MEMBER 1.00 X 0 0 0 MARC S RICHMAN BOARD MEMBER 1.00 X 0 0 0 JOSEPH T STAPLETON BOARD MEMBER 1.00 X 0 0 0 MICHAEL F YOUNG BOARD MEMBER 1.00 X 0 0 0 RICHARD NOURIE EMERITUS DIR 1.00 X 0 0 0 GERARD H SWEENEY EMERITUS DIR 1.00 X 0 0 0 JIM BROUSSARD EMERITUS DIR 1.00 X 0 0 0 RICHARD AULETTA PRESIDENT 40.00 X 124368 0 0 ANNE MCGOLDRICK FORMER PRESI 40.00 X 127200 0 0 251568 2 true false false 15807152 842380 15807152 TUITION 611600 13696438 13696438 OTHER SCHOOL INCOME 611600 1291188 1291188 14987626 18290 18290 412575 384755 27820 27820 30840888 14987626 46110 3234547 3234547 235000 79012 94620 61368 18411785 15627907 1806108 977770 427753 377279 45769 4705 1754907 1533698 202081 19128 1294492 1141742 138511 14239 30894 30894 60000 60000 708766 336422 306456 65888 32217 1300 30917 916097 174750 728636 12711 31007 28006 3001 1833304 1808942 24362 306681 187719 117504 1458 64969 5267 59702 527773 120720 407053 588978 183626 403216 2136 IN-KIND TEXTBOOKS 842381 842381 PARTNERSHIP FEES 379990 290807 89183 INSTRUCTIONAL MATERIALS 269863 269863 SCHOOL ACTIVITIES 238702 238427 275 275851 100341 175510 32465957 26581456 4518671 1365830 439875 595970 6972181 5301612 4777115 3910546 470504 93461 7566965 1212875 5681929 6354090 15235 2726504 3030331 21068108 19301245 1755505 1763842 36480 2455772 2342121 4247757 4105963 X 11221796 10707658 5598555 4487624 16820351 15195282 21068108 19301245 -1625069 X false true X true X 12472329 14400340 16705900 19145457 15807152 78531178 12472329 14400340 16705900 19145457 15807152 78531178 11415822 67115356 5801 7588 11090 14254 18290 57023 412575 412575 79000776 14987626 0.84960 0.82790 X 224051 224051 4961428 195379 4766049 1065170 245652 819518 1237637 696391 541246 78679 75453 3226 6354090 BENEFICIAL INTEREST IN ASSETS OF OTH 2751055 PREPAID EXPENSES 279276 3030331 X 27606341 -3234547 -3234547 30840888 30840888 29231410 29231410 3234547 3234547 32465957 SCHEDULE D, PAGE 3, PART X IMS HAS NOT RECOGNIZED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. IMS IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2015. SCHEDULE D, PAGE 4, PART XI, LINE 2D FINANCIAL AID -3,234,547 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 3,234,547 FUNDRAISING EVE 412575 412575 384755 412575 412575 384755 384755 27820 false FINANCIAL AID 4045 3234547 FMV FINANCIAL AID false false false false false false false false false ANNE MCGOLDRICK FORMER PRESIDENT 127200 127200 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 PORTER & CURTIS BOARD MEMBER 32186 INSURANCE false BRANDYWINE REALTY EMERITUS BM 22550 RENT false SCHEDULE L, PART V WILLIAM CURTIS, BOARD MEMBER, IS THE OWNER OF PORTER & CURTIS LLC WHERE HE SERVED 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. X 842380 MARKET VALUE false true false 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. FORM 990, PART XI, LINE 9 FINANCIAL AID -3,234,547 FINANCIAL AID 3,234,547