2018-02-07T08:32:13-06:00 2017-06-30 232653765 ST CLAIR CPAS PC 28 S CENTRE STREET MERCHANTVILLE NJ 08109 990 2016-07-01 233062230 FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL FIRS 2157433100 4300 TACONY STREET PHILADELPHIA PA 19124 DR JOSEPH GILLESPIE CEO 2157433100 2018-01-29 1 BRIAN D DIMATTESA CPA P00521144 8564825600 2018-01-29 50.235.182.194 2018-01-29 11:33:42 ES P 7E1C9A0AB2B6ED427774E43E73B99014C7598E54 7A234D05CF0B955243BA294A0D6503C9C1E8C743 2016 2021-01-29 14:40:06Z DR JOSEPH GILLESPIE 4300 TACONY STREET PHILADELPHIA PA 19124 24228992 0 X FTTP://WWW.AP-SCHOOLS.ORG/FIRSTPHILADELPHIA X CHARTER SCHOOL 2002 PA FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS IN EXISTENCE TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION FOR STUDENTS IN GRADES K-12 IN THE CITY OF PHILADELPHIA. 5 5 277 0 0 0 25000 3251058 20554521 20734179 1162 1162 1154655 242593 21735338 24228992 0 0 0 0 11344324 13828263 0 0 0 9922241 11256687 21266565 25084950 468773 -855958 12018796 12725807 21298375 24761445 -9279579 -12035638 THE MISSION OF FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN GRADES K-12 IN PHILADELPHIA. 0 0 17376045 20977934 FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL FOR LITERACY IS A CHAPTER SCHOOL IN THE CITY OF PHILADELPHIA, PENNSYLVANIA, WHICH PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS FROM GRADES K THROUGH 12. 17376045 1 0 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 46 0 277 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SANTILLI & THOMSON LLC 8565051300 FOUR GREENTREE CENTRE 601 ROUTE 73 MARLTON NJ 08053 JOHN MCDONALD PRESIDENT 1.00 X 0 0 0 KARIN Y COGER VICE PRESIDENT 1.00 X 0 0 0 ANITA KAISER TREASURER 1.00 X 0 0 0 BARBARA SAUNDERS SECRETARY 1.00 X 0 0 0 THERESA GRUMBRECHT MEMBER 1.00 X 0 0 0 JOSEPH GILLESPIE CHIEF EXECUTIVE OFFICER 40.00 X 154112 0 32829 154112 0 32829 1 0 1 0 INDEPENDENCE BLUE CROSS PO BOX 8500 PHILADELPHIA PA 19178 INSURANCE SERVICES 1425856 AMERICAN PARADIGM SCHOOLS 8101 CASTOR AVENUE PHILADELPHIA PA 19152 MANAGEMENT SERVICES 1169384 LINTONS MANAGEMENT SERVICES 4 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 FOOD SERVICES 825918 DELTA-T GROUPS INC 950 E HAVERFORD RD 200 BRYN MAWR PA 19010 GUIDANCE SERVICES 325938 SAND & SAIDEL PC 113 S 21ST STREET PHILADELPHIA PA 19103 LEGAL SERVICES 264806 5 3020186 230872 3251058 SCHOOL DISTRICT REVENUE 611110 20727471 20727471 FOOD SERVICE REVENUE 611110 6708 6708 20734179 1162 1162 CHILD CARE FEES 900099 195646 195646 MISCELLANEOUS REVENUE 900099 46947 46947 242593 24228992 20977934 0 0 186941 186941 8909532 6462431 2447101 2069942 1400167 669775 1839566 1265629 573937 822282 581588 240694 1450810 1450810 224052 224052 27795 27795 1524866 886585 638281 777 777 560005 401517 158488 4543273 4050795 492478 14164 78 14086 17518 17518 145378 82681 62697 126731 35251 91480 FOOD SERVICE EXPENSES 1069284 1069284 TUITION 640279 640279 TRANSPORTATION 297961 297961 BOOKS AND PERIODICALS 194688 194415 273 419106 7384 411722 25084950 17376045 7708905 0 5683268 5556247 566037 811191 495521 65776 202602 727895 291635 1389850 574181 838149 815669 3707926 4982687 12018796 12725807 2131375 393091 958745 19167000 23409609 21298375 24761445 X -10117728 -12035638 838149 0 -9279579 -12035638 12018796 12725807 -855958 -1900101 0 X X 0 1 X 1 1 1 X 890454 417021 473433 362599 99003 263596 136797 58157 78640 815669 DUE FROM OTHER FUNDS 4039 DEFERRED OUTFLOWS REALTED TO PENSIONS 4962648 SECURITY DEPOSITS 16000 4982687 ACCRUED SALARIES AND BENEFITS 1149745 DUE TO STUDENT GROUPS 61011 NET PENSION LIABILITY 17940000 ACCRUED RENT 1459853 DEFERRED INFLOWS RELATED TO PENSIONS 2799000 23409609 X 24228992 0 24228992 0 24228992 25084950 0 25084950 0 25084950 PART X, LINE 2: THE SCHOOL AND THE FOUNDATION ACCOUNT 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 POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2017, THE SCHOOL AND THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WAS NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL AND THE FOUNDATION EACH FILE FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2014. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INCLUDED ON THE BOTTOM OF EACH APPLICATION AND ANY DOCUMENTS RELEASED TO THE PUBLIC. SCHEDULE E, PART I, LINE 4 NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED BY THE SCHOOL. SCHEDULE E, PART I, LINE 6 THE CHARTER RECEIVES FEDERAL AND STATE GRANT MONEY FOR THE IDEA, TITLE I, TITLE II, TITLE III, AND NATIONAL SCHOOL LUNCH PROGRAM. X X 0 0 0 0 0 0 0 0 0 JOSEPH GILLESPIE CHIEF EXECUTIVE OFFICER 153839 0 273 0 0 0 7692 0 25137 0 186941 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 5 MEMBERS OF THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B FIRST PHILADELPHIA CHARTER SCHOOL FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT CPA FIRM AND IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS FILE A STATEMENT OF FINANCIAL INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A BOARD AND MANAGEMENT COMPANY MAKE RECOMMENDATIONS FOR CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 RIGHT TO KNOW REQUEST THROUGH LEGAL COUNCIL FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRANKFORD VALLEY FOUNDATION FOR LITERACY 4300 TACONY ST PHILADELPHIA PA 19124 542100509 SUPPORT THE HEALTH, WELFARE, AND EDUCATIONAL INTERESTS OF THE SCHOOL PA 501(C)(3) LINE 11 N/A 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 FRANKFORD VALLEY FOUNDATION FOR LITERACY K 3723752 ACTUAL COST FRANKFORD VALLEY FOUNDATION FOR LITERACY D 40535000 LOAN GUARANTEE FRANKFORD VALLEY FOUNDATION FOR LITERACY E 202602 LOAN BALANCE AMERICAN PARADIGM SCHOOLS M 1452260 AMOUNT PAID