2017-05-12T11:09:58-05:00 2016-06-30 521853933 JONES MARESCA & MCQUADE PA 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2015-07-01 232976339 YOUNG SCHOLARS CHARTER SCHOOL YOUN 2152329727 900 NORTH MARSHALL STREET PHILADELPHIA PA 19123 JOHN AMENDA CURRENT EXE. DIR. 2152329727 2017-05-12 1 DAVID JONES P01361002 4108840220 2015 2021-01-29 14:40:06Z JESSIKA MCLAUGHLIN 900 NORTH MARSHALL STREET PHILADELPHIA PA 19123 2970258 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. 9 9 31 14 0 0 593728 384234 2702573 2552030 0 0 -13060 16330 3283241 2952594 0 0 0 0 1970189 1856807 0 0 0 1295736 1178978 3265925 3035785 17316 -83191 719262 795783 4556386 4716098 -3837124 -3920315 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 2015198 2552030 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 SEVERELY UNDER-PREPARED. 2015198 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 1 31 1 0 0 0 0 0 0 0 0 0 0 X 9 9 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THE ORGANIZATION 2152329727 900 NORTH MARSHALL STREET PHILADELPHIA PA 19123 WAYNE B WEISMAN CHAIRMAN 1.00 1.00 X X 0 0 0 CARMON HARVEY SECRETARY 1.00 1.00 X X 0 0 0 TOM REBAR TREASURER 1.00 1.00 X X 0 0 0 COURTNEY DISSTON BOARD MEMBER 1.00 1.00 X 0 0 0 DANA DWIRANTWI BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES EGAN BOARD MEMBER 1.00 1.00 X 0 0 0 KEVIN KAN BOARD MEMBER 1.00 1.00 X 0 0 0 AL MOTLEY BOARD MEMBER 1.00 1.00 X 0 0 0 MIRIAM S SPECTOR EDD BOARD MEMBER 1.00 1.00 X 0 0 0 JESSIKA R MCLAUGHLIN CEO 40.00 X 111509 0 50376 LARS BECK CEO OF SCHOLARS ACADEMIES 1.00 42.00 X 0 208726 27590 JANA WILCOX LAVIN COO OF SCHOLARS ACADEMIES 1.00 42.00 X 0 147707 19794 KAREN SMITH CHIEF SCHOOLS OFFICER, SA 1.00 42.00 X 0 26622 0 JUSTIN WHEELER CFO OF SCHOLARS ACADEMIES 1.00 42.00 X 0 133365 30394 CAROLINE E FISHEROW CHIEF ACADEMIC OFFICER, SA 1.00 42.00 X 0 146616 14666 111509 663036 142820 1 0 1 0 0 6000 211691 166543 384234 PER PUPIL FUNDING 611600 2446304 2446304 STATE SUBSIDIES 611600 85376 85376 STUDENT ACTIVITIES 611600 20350 20350 2552030 33994 6000 17664 16330 16330 2952594 2552030 0 16330 160076 80038 80038 1259181 1204520 54661 123330 119764 3566 200499 199317 1182 113721 104623 9098 244630 244630 23975 23975 170910 86026 84884 2828 2828 93119 4838 88281 25801 13320 12481 410620 41062 369558 550 550 5839 3196 2643 17719 17719 32043 32043 CURRICULUM AND CLASSROO 64862 64862 STUDENT ACTIVITES 60569 60569 ASSESSMENTS 10590 10590 PROFESSIONAL DEVELOPMEN 6290 6290 8633 4204 4429 3035785 2015198 1020587 0 128981 322918 38 215146 69084 106934 104137 3761 17026 376221 328544 65396 47677 199006 234941 719262 795783 240603 218537 260372 4315783 4237189 4556386 4716098 X 0 -3967992 0 47677 -3837124 0 -3837124 -3920315 719262 795783 -83191 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42098 42098 0 230163 182486 47677 103960 103960 0 47677 PENSION DEFERRED OUTFLOWS 234941 234941 RELATED PARTY PAYABLE 54582 PENSION DEFERRED INFLOWS 717607 NET PENSION LIABILITY 3465000 4237189 X 2970258 17664 17664 2952594 0 2952594 3053449 17664 17664 3035785 0 3035785 PART X, LINE 2: THE SCHOOL HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN TAX YEARS (2012-2014), OR EXPECTED TO BE TAKEN IN ITS 2015 INFORMATION RETURN. THE SCHOOL IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 17,664. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 17,664. 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 RECIEVES 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. ART AUCTION 39994 6000 33994 1996 2500 10711 2457 39994 6000 33994 1996 2500 10711 2457 17664 16330 X X 0 0 0 0 0 0 0 0 0 JESSIKA R MCLAUGHLIN CEO 111509 0 0 0 0 0 0 0 50376 0 161885 0 0 0 LARS BECK CEO OF SCHOLARS ACADEMIES 0 208726 0 0 0 0 0 8954 0 18636 0 236316 0 0 JANA WILCOX LAVIN COO OF SCHOLARS ACADEMIES 0 147707 0 0 0 0 0 8908 0 10886 0 167501 0 0 JUSTIN WHEELER CFO OF SCHOLARS ACADEMIES 0 133365 0 0 0 0 0 8002 0 22392 0 163759 0 0 CAROLINE E FISHEROW CHIEF ACADEMIC OFFICER, SA 0 146616 0 0 0 0 0 6342 0 8324 0 161282 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: 1) THE FILLING OF VACANCIES IN THE BOARD OF TRUSTEES, 2) THE ADOPTION, AMENDMENT OR REPEAL OF THE BYLAWS, 3) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD, 4) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR A RESOLUTION OF THE BOARD OF TRUSTEES EXCLUSIVELY TO ANOTHER COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 WAYNE WEISMAN, CHAIRMAN OF THE BOARD, AND TOM REBAR, TREASURER, ARE PARTNERS AT SCP PARTNERS. FORM 990, PART VI, SECTION A, LINE 3 PURSUANT TO A CONTRACT WITH THE SCHOOL, SCHOLAR ACADEMIES, A PENNSYLVANIA NON-PROFIT CHARTER SCHOOL OPERATOR, EXERCISES COMPREHENSIVE MANAGEMENT AND SUPERVISION OVER THE SCHOOL'S DAY TO DAY OPERATIONS AND OVERALL PERFORMANCE. SCHOLAR ACADEMIES REMAINS ACCOUNTABLE TO THE TRUSTEES OF THE SCHOOL FOR ITS PERFORMANCE UNDER THIS CONTRACT. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE AND AUDIT COMMITTEE WILL REVIEW THE FORM 990 IN DETAIL AND PROVIDE ANY COMMENTS AND RECOMMENDATIONS BEFORE SUBMITTING IT TO THE ENTIRE BOARD FOR ITS REVIEW AND INPUT BEFORE IT IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS OF INTEREST IS BROUGHT BEFORE THE BOARD TO REVIEW ITS IMPACT 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 PROCES AND PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPONG REQUEST. FORM 990, PART XII, LINE 2C: NEITHER THE PROCESS FOR THE OVERSIGHT OF THE AUDIT NOR THE PROCESS OF SELECTION OF AN INDEPENDENT AUDITOR HAS CHANGED DURING THE TAX YEAR. YOUNG SCHOLARS FREDERICK DOUGLAS CHARTER SCHOOL 2118 W NORRIS STREET PHILADELPHIA PA 19121 800619248 CHARTER SCHOOL PA 501(C)(3) LINE 2 N/A 0 DC SCHOLARS PUBLIC CHARTER SCHOOL 5601 EAST CAPITOL ST SE WASHINGTON DC 20019 452544052 CHARTER SCHOOL DC 501(C)(3) LINE 2 N/A 0 SCHOLAR ACADEMIES 100 W OXFORD ST SUITE E-2000 PHILADELPHIA PA 19122 371582250 MANAGEMENT AND SUPPORT OF THE NETWORK OF YOUNG SCHOLARS CHARTER SCHOOLS PA 501(C)(3) LINE 7 N/A 0 YOUNG SCHOLARS KENDERTON CHARTER SCHOOL 15 W ONTARIO STREET PHILADELPHIA PA 19140 463188964 CHARTER SCHOOL PA 501(C)(3) LINE 2 N/A 0 PAUL ROBESON CHARTER SCHOOL 643 INDIANA AVE TRENTON NJ 08638 261771106 CHARTER SCHOOL NJ 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0