2018-03-08T13:23:06-06:00 2017-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 200 SPRINGER BLDG 3411 SILVERSIDE RD WILMINGTON DE 198104866 990 2016-07-01 232976339 YOUNG SCHOLARS CHARTER SCHOOL YOUN 2152329727 900 NORTH MARSHALL STREET PHILADELPHIA PA 19123 JOHN AMENDA EXECUTIVE DIRECTOR 2152329727 2018-03-08 JEFFREY A KOWALCZYK CPA P01563311 3024788940 75.151.151.153 2018-03-08 14:22:50 ES P 8E12DE5ACB69BA7A1BBC6020ABCE02B11772F1E3 C78D27F84086B75E6D732DC2952756020F6C3DFF 2016 2021-01-29 14:40:06Z JOHN AMENDA 900 NORTH MARSHALL STREET PHILADELPHIA PA 19123 3840089 0 X WWW.PHILLYSCHOLARS.ORG X 1998 PA TO PREPARE MIDDLE SCHOOL STUDENTS TO ATTEND AND SUCCEED IN THE BEST HIGH SCHOOLS AND COLLEGES, AND TO PROVIDE STUDENTS WITH A FOUNDATION OF LIFE SKILLS TO BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITIES. 10 10 35 1 0 0 384234 397801 2552030 3417369 0 0 16330 23417 2952594 3838587 0 0 0 0 1856807 2411015 0 0 0 1178978 1192732 3035785 3603747 -83191 234840 795783 1381103 4716098 5066578 -3920315 -3685475 TO PREPARE MIDDLE SCHOOL STUDENTS TO ATTEND AND SUCCEED IN THE BEST HIGH SCHOOLS AND COLLEGES, AND TO PROVIDE STUDENTS WITH A FOUNDATION OF LIFE SKILLS TO BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITIES. 0 0 2390761 3417369 YOUNG SCHOLARS IS A MIDDLE SCHOOL, GRADES 6-8, WHICH USES A FOCUSED, PROGRESSIVE EDUCATIONAL APPROACH DESIGNED SPECIFICALLY TO CLOSE THE ACHIEVEMENT GAP FOR LOW-INCOME STUDENTS WHO ARE SEVERLY UNDER-PREPARED. 2390761 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 1 35 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X MICHAEL WHISMAN CPA 2154819777 222 NORTH KESWICK AVE GLENSIDE PA 19038 WINSTON CHURCHILL BOARD CHAIR 2.00 X X 0 0 0 WAYNE B WEISMAN BOARD VICE CHAIR 2.00 X X 0 0 0 CHUCK FREYER SECRETARY 2.00 X X 0 0 0 TOM REBAR TREASURER 2.00 X X 0 0 0 EMILY ASHE TRUSTEE 2.00 X 0 0 0 DANA DWIRANTWI TRUSTEE 2.00 X 0 0 0 JAMES EGAN TRUSTEE 2.00 X 0 0 0 SANJEEV K MIDHA TRUSTEE 2.00 X 0 0 0 MIRIAM S SPECTOR TRUSTEE 2.00 X 0 0 0 BONNIE YOUNG TRUSTEE 2.00 X 0 0 0 JOHN AMENDA EXECUTIVE DIRECTOR 40.00 X 75577 0 7753 MELISSA CAMPBELL PRINCIPAL 40.00 X 94405 0 33523 169982 0 41276 0 0 0 0 0 234054 163747 397801 PER PUPIL FUNDING 611600 2701302 2701302 MANAGEMENT FEES 611600 612675 612675 STATE SUBSIDIES 611600 90550 90550 STUDENT ACTIVITIES 611600 12842 12842 3417369 16480 1502 14978 14978 MISC REVENUE 611600 8439 8439 8439 3838587 3417369 0 23417 310758 155379 155379 1481201 1444510 36691 192216 159689 32527 288657 206601 82056 138183 127128 11055 141909 141909 210424 118227 92197 61501 61501 94885 4930 89955 28348 14635 13713 453511 45351 408160 7240 7240 6639 3634 3005 22021 22021 34294 34294 STUDENT ACTIVITIES 48360 48360 CIRRICULUM 41633 41633 PROFESSIONAL DEVELOPMEN 23480 23480 ASSESSMENTS 8659 8659 9828 4785 5043 3603747 2390761 1212986 0 322918 517245 69084 40225 104137 113504 17026 39773 402582 350565 47677 52017 234941 618339 795783 1381103 218537 263334 260372 295197 4237189 4508047 4716098 5066578 X -3967992 -3737492 47677 52017 0 0 -3920315 -3685475 795783 1381103 234840 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42098 42098 0 256524 204507 52017 103960 103960 0 52017 PENSION DEFERRED OUTFLOWS 618339 618339 PENSION DEFERRED INFLOWS 543047 NET PENSION LIABILITY 3965000 4508047 X 3838587 0 3838587 0 3838587 3603747 0 3603747 0 3603747 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE SCHOOL HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(IV) OF THE INTERNAL REVENUE CODE. THE SCHOOL DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. MANAGEMENT BELIEVES MORE LIKELY THAN NOT THAT ITS TAX-EXEMPT STATUS AND TAX POSITIONS WILL BE SUSTAINED IF EXAMINED BY AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 PUBLIC CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. AS A PUBLIC CHARTER SCHOOL, YOUNG SCHOLARS CHARTER SCHOOL IS EXEMPT FROM REV. PROC. 75-50. SCHEDULE E, PART I, LINE 6 YOUNG SCHOLARS PUBLIC CHARTER SCHOOL RECEIVES FEDERAL ASSISTANCE AND GOVERNMENTAL ASSISTANCE FROM THE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF EDUCATION. SCHEDULE E, PART I, LINE 7 AS A PUBLIC CHARTER SCHOOL, YOUNG SCHOLARS CHARTER SCHOOL IS EXEMPT FROM REV. PROC. 75-50. WOMEN'S LUNCHEON AND SHOWCASE 16480 16480 1502 16480 16480 1502 1502 14978 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE INDEPENDENT CPA FIRM BASED ON THE SCHOOL'S ANNUAL, INDEPENDENT AUDIT. THE 990 IS REVIEWED BY THE SCHOOL'S EXECUTIVE DIRECTOR PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS OF INTEREST IS BROUGHT BEFORE THE BOARD TO REVIEW ITS IM[ACT ON THE ORGANIZATION. IF THE IMPACT IS DEEMED TO BE SIGNIFICANT, AN APPROPRIATE ACTION TO REMOVE THE CONFLICT WILL BE DETERMINED. THE CEO FOLLOWS UP TO ENSURE FORMS ARE FILLED OUT AND SIGNED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD AS PART OF THE ANNUAL BUDGET REVIEW PROCESS AND PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITES COVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. PAUL ROBESON CHARTER SCHOOL 643 INDIANA AVENUE TRENTON NJ 08638 CHARTER SCHOOL NJ 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0