2019-05-14T15:17:36-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-07-01 452040612 OLNEY CHARTER HIGH SCHOOL AN ASPIRA INC OF PENNSYLVANIA SCHOOL OLNE 2154563014 100 W DUNCANNON AVENUE PHILADELPHIA PA 19120 JAMES THOMPSON PRINCIPAL 2154563014 2019-05-13 1 CONNIE M LIRA P00481097 2156433900 67.137.57.251 2019-05-13 12:21:04 ED P 9EB2786B3EC6AF35018D7997716D9ABE495A2698 26C8EB6CBFF908C19EE8E81CE4CE9FA3BB38FC5C 2017 2020-01-14 16:20:31Z X JENNIFER ALBANDOZ 100 W DUNCANNON AVENUE PHILADELPHIA PA 19120 29666057 0 X WWW.OLNEYCHARTER.ORG X 2011 PA TO EMPOWER OUR COMMUNITY THROUGH ADVOCACY, EDUCATION, AND LEADERSHIP DEVELOPMENT OF OUR YOUTH 3 3 195 20 0 0 3013730 3652320 23390764 25983633 0 0 64195 30104 26468689 29666057 0 0 0 0 10128835 6063654 0 0 0 15642182 18110767 25771017 24174421 697672 5491636 5372829 5082128 38968225 33274852 -33595396 -28192724 X WE ARE COMMITTED TO ESTABLISHING, PRESERVING, AND EMPOWERING OUR STUDENTS WITH A CARING AND HIGH-QUALITY EDUCATION. WE ARE DEDICATED TO PROVIDING A SETTING WHERE TEACHING AND LEARNING ARE RIGOROUS. WE LOOK TO INSPIRE OUR STUDENTS TO BECOME GLOBAL THINKERS AND CONSCIOUS LEADERS AS THEY ACTIVELY PERSEVERE TOWARDS EXCELLENCE. 0 0 19520313 0 25983633 TO PROVIDE EDUCATION FOR STUDENTS IN 9TH THROUGH 12TH GRADE WITH UNIQUE SUPPORT SERVICES. THE SCHOOL SERVES 1,650 STUDENTS. 19520313 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 195 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ASPIRA INC OF PENNSYLVANIA 2154551300 4322 N 5TH STREET PHILADELPHIA PA 19140 JENNIFER ALBANDOZ CHAIR 1.00 4.00 X X 0 0 0 MADELYN GRAJALES TREASURER 1.00 4.00 X X 0 0 0 ZORAIDA ORTIZ SECRETARY 1.00 4.00 X X 0 0 0 JAMES THOMPSON PRINCIPAL 50.00 0.00 X 145084 0 31062 AMANDA FREGIA ASSISTANT PRINCIPAL 40.00 0.00 X 100055 0 15023 245139 0 46085 2 0 1 0 ASPIRA INC OF PENNSYLVANIA 4322 N 5TH STREET PHILADELPHIA PA 19140 MANAGEMENT SERVICES 1031575 CAMELOT SCHOOLS OF PA LLC 7500 RIALTO BLVD AUSTIN TX 78735 EDUCATIONAL SERVICES 996901 ACS CONSULTANTS INC 100 W SECOND STREET SUITE 200 HUMMELSTOWN PA 17036 EDUCATIONAL SERVICES 665235 US FOODS PO BOX 7780-4038 PHILADELPHIA PA 19182 FOOD SERVICE SUPPLIER 374963 CHARTER SCHOOL SERVICES PO BOX 30140 ELKINS PARK PA 19027 EDUCATIONAL SERVICES 300045 14 3650740 1580 63764 3652320 STUDENT SUBSIDY 611600 25783766 25783766 STUDENT ACTIVITIES 611600 95218 95218 DAYCARE SERVICES 624410 55971 55971 COMMUNITY SERVICE ACTIVITIES 624110 26719 26719 SCHOOL ACTIVITIES 611600 21959 21959 25983633 REFUNDS 900099 30104 30104 30104 29666057 25983633 0 30104 X 189502 132652 56850 7692893 6852891 840002 -4205923 -4256302 50379 1780798 1620926 159872 606384 539922 66462 1031575 1031575 427450 107611 319839 154910 154910 12247914 10627456 1620458 1758 1594 164 481710 403785 77925 386220 315794 70426 1344472 1330792 13680 401618 399747 1871 5216 5216 428024 428024 255431 78300 177131 FOOD 774929 772925 2004 DUES AND FEES 138536 128175 10361 BOOKS 25115 25115 EQUIPMENT 5639 5440 199 250 250 24174421 19520313 4654108 0 581999 593052 222139 773566 857695 35069 70781 4421295 3566222 870271 855073 2805656 2789656 5372829 5082128 3076844 2407733 150222 40065 35741159 30827054 38968225 33274852 X -33595396 -28192724 -33595396 -28192724 5372829 5082128 X 5491636 -88964 X X 0 1 X 1 1 1 X 2138719 1584473 554246 2282576 1981749 300827 855073 DUE FROM ASPIRA, INC. OF PENNSYLVANIA 433656 DEFERRED OUTFLOWS FROM PENSIONS 2320000 DEFERRED OUTFLOWS FROM OPEB 36000 2789656 DUE TO ASPIRA, INC. OF PENNSYLVANIA 217640 DUE TO SCHOOL DISTRICT OF PHILADELPHIA 11700 DEFERRED INFLOW FROM PENSIONS 16754000 NET PENSION LIABILITY 12940000 DEFERRED INFLOWS FROM OPEB 369714 NET OPEB LIABILITY 534000 30827054 X 29666057 0 29666057 0 29666057 24174421 0 24174421 0 24174421 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 OR LIABILITY FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2018. IN ADDITION, THE SCHOOL HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THESE FINANCIAL STATEMENTS. 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 MAKES ITS RACIALLY NONDISCRIMINATORY POLICY AVAILABLE ON ITS WEBSITE AND THROUGH LOCAL NEWS MEDIA, PRIMARILY NEWSPAPER POSTINGS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION, PASSED THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION, AND ALSO PARTICIPATES IN VARIOUS REIMBURSEMENT PROGRAMS WITH THE PENNSYLVANIA DEPARTMENT OF EDUCATION. X X X X 0 0 0 0 0 0 0 0 0 JAMES THOMPSON PRINCIPAL 145084 0 0 0 0 0 8705 0 22357 0 176146 0 0 0 X 1 63764 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE GIVEN CATEGORY. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL PAYS ASPIRA, INC. OF PENNSYLVANIA, AN UNRELATED 501(C)(3) PUBLIC CHARITY, FOR PROFESSIONAL SERVICES, INCLUDING BUT NOT LIMITED TO MANAGEMENT SERVICES. THE SERVICES PROVIDED INCLUDE: THE ADMINSTRATIVE AND CONTRACTING, FINANCIAL MANAGEMENT, FACILITIES, HUMAN RESOURCES AND PAYROLL, TRANSPORTATION, NUTRITION, AND INFORMATION TECHNOLOGY AND SUPPORT ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 4 THE SCHOOL'S BYLAWS CHANGED EFFECTIVE JUNE 9, 2017. SIGNIFICANT CHANGES WERE AS FOLLOWS: (A) ASPIRA, INC. OF PENNSYLVANIA WAS REMOVED AS THE SOLE MEMBER, AS OF THE EFFECTIVE DATE THE SCHOOL NO LONGER HAS ANY MEMBERS OR ANY INDIVIDUAL OR ENTITY OUTSIDE OF THE BOARD OF DIRECTORS THAT HAS THE RIGHT TO APPOINT ANY VOTING MEMBER OF GOVERNANCE (B) THE SCHOOL PARENT REPRESENTATIVE BOARD POSITION WAS CLARIFIED TO OFFICIALLY BE AN EX-OFFICIO POSITION WITHOUT VOTING RIGHTS (C) THE PURPOSE AS NOTED IN THE BYLAWS WAS UPDATED TO CLARIFY THE SCOPE OF THOSE THAT MAY BE SERVED, THE LANGUAGE WAS PREVIOUSLY "TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN GRADES 9-12 IN PHILADELPHIA AND SURROUNDING COMMUNITIES AND IS NOW "TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN PHILADELPHIA AND SURROUNDING COMMUNITIES" FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT REVIEWS AND THEN PRESENTS THE FORM 990 TO THE BOARD FINANCE COMMITTEE. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE (IRS) A COMPLETE COPY OF THE FORM 990, AS IT WILL BE FILED WITH THE IRS, IS PROVIDED TO ALL VOTING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OF INTEREST ON AN ANNUAL BASIS AT OPEN BOARD MEETINGS. CONFLICTS HISTORICALLY HAVE BEEN DISCLOSED UNDER THE ADVICE OF COUNSEL AND THEN THERE IS INTENDED TO BE A RECUSAL FROM ALL VOTES RELATED TO THAT CONFLICT. IN ADDITION, THE CONFLICT OF INTEREST DISCLOSURE FORM, PROVIDED BY THE STATE ETHICS COMMISSION, IS COMPLETED BY ALL BOARD MEMBERS, AND FILED AT THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRINCIPAL IS DETERMINED BY THE BOARD OF TRUSTEES. COMPARABILITY DATA IS USED TO DETERMINE THE COMPENSATION OF THE PRINCIPAL WHICH IS REVIEWED AND DETERMINED ANNUALLY IN THE JUNE MEETING. THE DELIBERATION AND FINAL DECISION WERE TIMELY DOCUMENTED. THE TYPE OF COMPARABILITY DATA THAT IS USED IS: THE FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS, AND COMPENSATION SURVEYS OR STUDIES OF OTHER SURROUNDING CHARTER SCHOOLS WITHIN THEIR DISTRICT. FORM 990, PART VI, SECTION B, LINE 15B: THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER INDIVIDUAL THAT MEETS THE IRS DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABALE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ASPIRA SUPPORTING SERVICES - DIRECT CHARGES: PROGRAM SERVICE EXPENSES 5,697,469. MANAGEMENT AND GENERAL EXPENSES 878,564. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,576,033. EDUCATIONAL SERVICES: PROGRAM SERVICE EXPENSES 4,109,211. MANAGEMENT AND GENERAL EXPENSES 92,436. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,201,647. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 326,652. MANAGEMENT AND GENERAL EXPENSES 639,695. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 966,347. OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 494,124. MANAGEMENT AND GENERAL EXPENSES 9,763. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 503,887. FORM 990, PART IX, LINE 8: THE SCHOOL IS PART OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS), WHICH IS A GOVERNMENTAL COST-SHARING MULTIPLE EMPLOYER DEFINED PENSION AND BENEFIT PLAN THAT PROVIDES BENEFITS TO PUBLIC SCHOOL EMPLOYEES OF THE COMMONWEALTH OF PENNSYLVANIA. UNDER GOVERNMENTAL-WIDE ACCOUNTING FOR GOVERNMENTAL ACCOUNTING STANDARDS (GASB) REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS NET PENSION LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS IN FISCAL YEAR JUNE 30, 2015. DURING JUNE 30, 2018, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS OTHER POSTEMPLOYMENT BENEFIT (OPEB) LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS DUE TO THE ADOPTION OF ACCOUNTING STANDARD GASB 75 - ACCOUNTING AND FINANCIAL REPORTING FOR POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS. AS A RESULT OF THE FISCAL YEAR 2018 ALLOCATIONS AND GASB 68 AND 75 JOURNAL ENTRIES REQUIRED TO BE RECORDED, THE PSERS PENSION AND OPEB ACTIVITY RESULTED IN A CREDIT FOR JUNE 30, 2018 FISCAL YEAR. FORM 990, PART XI, LINE 9: RESTATEMENT FOR JULY 1, 2017, OPEB LIABILITY - GASB 75 -937,500. RESTATEMENT FOR JULY 1, 2017, DEFERRED OUTFLOWS FROM PENSION - GASB 68 848,536. FORM 990, PART XII, LINE 2C: NO CHANGES FROM THE PRIOR YEAR SELECTION OR OVERSIGHT PROCESS. ASPIRA BILINGUAL CYBER CHARTER SCHOOL 6301 N 2ND STREET PHILADELPHIA PA 19120 263090660 HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN AND AROUND PHILADELPHIA PA 501(C)(3) LINE 2 N/A 0 EUGENIO MARIA DE HOSTOS CHARTER SCHOOL 6301 N 2ND STREET PHILADELPHIA PA 19126 232964772 HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN AND AROUND PHILADELPHIA PA 501(C)(3) LINE 2 N/A 0 ANTONIA PANTOJA CHARTER SCHOOL 4101 N AMERICAN STREET PHILADELPHIA PA 19140 412249712 HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN AND AROUND PHILADELPHIA PA 501(C)(3) LINE 2 N/A 0 JOHN B STETSON CHARTER SCHOOL 3200 B STREET PHILADELPHIA PA 19134 272840106 HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN AND AROUND PHILADELPHIA PA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0