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INDEPENDENCE CHARTER SCHOOL: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENCE CHARTER SCHOOL (EIN 23-3060261)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-14
IRS object ID
201841349349307454
Schema version
2016v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-14T14:43:45-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN232653765PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ST CLAIR CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line128 S CENTRE STREETAddressLine1Txt
CityMERCHANTVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08109ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN233060261EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDEPENDENCE CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDEBusinessNameControlTxt
Phone2152388000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 LOMBARD STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19146ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTEN LONGPersonNm
Person TitleINTERIM CEOPersonTitleTxt
Phone2152388000PhoneNum
Signature2018-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANCES E SPERLING CPAPreparerPersonNm
PTINP00958279PTIN
Phone8564825600PhoneNum
Preparation2018-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKRISTEN LONGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 LOMBARD STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19146ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,254,610GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.INDEPENDENCECHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, COMMUNITIES, AND FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee154TotalEmployeeCnt
Total Volunteers250TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,549,251PYContributionsGrantsAmt
CY Contributions Grants$1,571,158CYContributionsGrantsAmt
PY Program Service Revenue$8,015,625PYProgramServiceRevenueAmt
CY Program Service Revenue$8,408,574CYProgramServiceRevenueAmt
PY Investment Income$3,750PYInvestmentIncomeAmt
CY Investment Income$7,853CYInvestmentIncomeAmt
PY Other Revenue$243,406PYOtherRevenueAmt
CY Other Revenue$267,025CYOtherRevenueAmt
PY Total Revenue$9,812,032PYTotalRevenueAmt
CY Total Revenue$10,254,610CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,602,823PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,925,416CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,557,210PYOtherExpensesAmt
CY Other Expenses$3,596,910CYOtherExpensesAmt
PY Total Expenses$10,160,033PYTotalExpensesAmt
CY Total Expenses$10,522,326CYTotalExpensesAmt
PY Revenues Less Expenses-$348,001PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$267,716CYRevenuesLessExpensesAmt
Total Assets BOY$8,232,928TotalAssetsBOYAmt
Total Assets EOY$9,468,842TotalAssetsEOYAmt
Total Liabilities BOY$15,836,917TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,340,547TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$7,603,989NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$7,871,705NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,065,350ExpenseAmt
Revenue$8,683,452RevenueAmt
DescTHE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES.Desc
Total Program Service Expenses$8,065,350TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee154EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTILLI & THOMSON LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8565051300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 ROUTE 73 NORTH SUITE 302AddressLine1Txt
CityMARLTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08053ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ROSIE MCNAMARA-JONES
PARENT REPRESENTATIVE1.00Yes (X)$0$0$0
RACHEL SALIS-SILVERMAN
TRUSTEE1.00Yes (X)$0$0$0
MIKE BARSANTI
TRUSTEE1.00Yes (X)$0$0$0
MAUREEN EAGEN
TRUSTEE1.00Yes (X)$0$0$0
HARRY MOSELEY
TRUSTEE1.00Yes (X)$0$0$0
KRISTA PFEIFFER
TRUSTEE1.00Yes (X)$0$0$0
ASHLEY TOBIN
TRUSTEE1.00Yes (X)$0$0$0
JOHN TRIEU
TRUSTEE1.00Yes (X)$0$0$0
KERRY ROUTH
STAFF REPRESENTATIVE1.00Yes (X)$0$0$0
MEHREEN ZAMAN
TRUSTEE1.00Yes (X)$0$0$0
RASHIDA ANDREWS
CO-VICE PRESIDENT1.00$0$0$0Yes (X)
SUSANNA GREENBERG
PRESIDENT1.00$0$0$0Yes (X)
TRE JOHNSON
VICE PRESIDENT1.00$0$0$0Yes (X)
GREGORY TURLINGTON
TREASURER1.00$0$0$0Yes (X)
THOMAS SCHEID
CEO40.00$138,499$0$42,961Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$138,499TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$42,961TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNITED HEALTH CARE
PO BOX 1459MINNEAPOLISMN554401459INSURANCE$686,435
LINTON'S MANAGED SERVICES
4 SENTRY PARKWAY EAST SUITE 100BLUE BELLPA19422PROFESSIONAL SERVICES$375,223
THERAPY SOURCE INC
5215 MILITIA ROAD SUITE APLYMOUTH MEETINGPA19462SPECIAL EDUCATION$132,737
SPECTRUM CLEANING SERVICES
1505 FENPARK DRIVEFENTONMO63026CLEANING SERVICE$100,525
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$1,314,990GovernmentGrantsAmt
All Other Contributions$256,168AllOtherContributionsAmt
Total Contributions$1,571,158TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL DISTRICT REVENUE611110$8,300,767$8,300,767
FOOD SERVICE REVENUE611110$107,807$107,807
FieldValueIRS element (for citing)
Total Program Service Revenue$8,408,574TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,853TotalRevenueColumnAmt
Related Or Exempt Func Income$7,853RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEE541610$203,373$203,373
MISCELLANEOUS REVENUE900099$63,652$63,652
FieldValueIRS element (for citing)
Other Revenue Total$267,025OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,254,610TotalRevenueColumnAmt
Related Or Exempt Func Income$8,683,452RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$138,499TotalAmt
Management And General$138,499ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,389,927TotalAmt
Program Services$3,490,541ProgramServicesAmt
Management And General$899,386ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,206,784TotalAmt
Program Services$912,762ProgramServicesAmt
Management And General$294,022ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$780,297TotalAmt
Program Services$622,949ProgramServicesAmt
Management And General$157,348ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$409,909TotalAmt
Program Services$310,287ProgramServicesAmt
Management And General$99,622ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,367TotalAmt
Program Services$2,813ProgramServicesAmt
Management And General$16,554ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,748TotalAmt
Management And General$22,748ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$708,121TotalAmt
Program Services$389,903ProgramServicesAmt
Management And General$318,218ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,257TotalAmt
Management And General$1,257ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$181,397TotalAmt
Program Services$68,973ProgramServicesAmt
Management And General$112,424ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,527,024TotalAmt
Program Services$1,343,014ProgramServicesAmt
Management And General$184,010ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$79,948TotalAmt
Program Services$48,373ProgramServicesAmt
Management And General$31,575ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,654TotalAmt
Program Services$13,654ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$111,879TotalAmt
Program Services$30,402ProgramServicesAmt
Management And General$81,477ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD SERVICE EXPENSES$429,321$429,321
OTHER EXPENSES$290,933$266,876$24,057
BOOKS & INSTRUCTIONAL$135,482$135,482
PRINTING AND BINDING$42,943$42,943

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$32,836TotalAmt
Management And General$32,836ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,522,326TotalAmt
Program Services$8,065,350ProgramServicesAmt
Management And General$2,456,976ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,370,683BOYAmt
EOY$1,754,914EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,411,902BOYAmt
EOY$4,256,986EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$485,080BOYAmt
EOY$339,400EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$76,043BOYAmt
EOY$109,944EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,606BOYAmt
EOY$76,855EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,784,369LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,739,186LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,336BOYAmt
EOY$45,183EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,861,278BOYAmt
EOY$2,885,560EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,232,928BOYAmt
EOY$9,468,842EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$194,269BOYAmt
EOY$114,947EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$53,571BOYAmt
EOY$58,429EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,589,077BOYAmt
EOY$17,167,171EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,836,917BOYAmt
EOY$17,340,547EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$7,603,989BOYAmt
EOY-$7,871,705EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$7,603,989BOYAmt
EOY-$7,871,705EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,232,928BOYAmt
EOY$9,468,842EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$267,716ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,417,559InvestmentCostOrOtherBasisAmt
Depreciation$1,416,058DepreciationAmt
Book Value$1,501BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$366,810InvestmentCostOrOtherBasisAmt
Depreciation$323,128DepreciationAmt
Book Value$43,682BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$45,183TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DUE FROM INDEPENDENCE CHARTER SCHOOL WEST$74,967
DEFERRED OUTFLOWS TO PENSIONS$2,810,593
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,885,560TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
ACCRUED SALARIES AND BENEFITS$873,107
DEFERRED RENT$141,583
DUE TO STUDENT GROUPS$42,043
NET PENSION LIABILITY$14,272,000
DUE TO A LOCAL SCHOOL DISTRICT$173,328
DEFERRED INFLOWS RELATED TO PENSIONS$1,665,000
DUE TO OTHER FUNDS$110
FieldValueIRS element (for citing)
Total Liability$17,167,171TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,254,610TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$10,254,610RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,254,610TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,522,326TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$10,522,326ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,522,326TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF JUNE 30, 2017, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WERE NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2014.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION
SCHEDULE E, PART I, LINE 6CHARTER SCHOOL RECEIVES VARIOUS REVENUES FROM LOCAL SCHOOL DISTRICTS AS WELL AS STATE AND FEDERAL AGENCIES.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonTHOMAS SCHEIDPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$138,499BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$42,961NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$181,460TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BPAID PREPARER PRESENTS THE IRS FORM 990 TO THE BOARD OF TRUSTEES AND EXPLAINS THE FORM TO THEM, THEN ASKS THAT THEY REVIEW THE FORM IN DETAIL PRIOR TO SIGNING AND FILING.
FORM 990, PART VI, SECTION B, LINE 12CORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON AN ANNUAL BASIS FOR POTENTIAL CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15ORGANIZATION HAS A COMMITTEE ON THE BOARD WHO REVIEWS AND EVALUATES THE COMPENSATION OF ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WORLD OF OPPORTUNITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 LOMBARD STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19146ZIPCd
FieldValueIRS element (for citing)
EIN204487817EIN
Primary ActivitiesSUPPORT INDEPENDENCE CHARTER SCHOOLPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
WORLD OF OPPORTUNITY
K$1,247,304RENTS PAID
WORLD OF OPPORTUNITY
E$110LOAN BALANCE
WORLD OF OPPORTUNITY
D$15,600,000LOAN GUARANTEE

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