2017-05-11T09:39:25-05:00 2016-06-30 222428965 CITRIN COOPERMAN & COMPANY LLP 1800 JFK BOULEVARD 20TH FLOOR PHILADELPHIA PA 19103 990 2015-07-01 233040993 NEW FOUNDATIONS CHARTER SCHOOL INC NEWF 2156248100 8001 TORRESDALE AVENUE PHILADELPHIA PA 19136 PAUL STADELBERGER CEO 2156248100 2017-05-09 1 KEVIN RYAN CPA P00383430 2155454800 2015 2021-01-29 14:40:06Z PAUL STADELBERGER 8001 TORRESDALE AVENUE PHILADELPHIA PA 19136 16162064 0 X WWW.NFCSONLINE.ORG X 1999 PA THE MISSION IS TO PROVIDE STUDENTS WITH THE ACADEMIC, SOCIAL AND EMOTIONAL FOUNDATIONS AND SKILLS NECESSARY TO BECOME HIGH ACHIEVING, SOCIALLY COMPETENT STEWARDS OF THEIR COMMUNITIES. THE FOUNDERS OF THE NEW FOUNDATIONS CHARTER SCHOOL WILL ENSURE A COMMITMENT TO LIFELONG LEARNING AND ACHIEVEMENT OF ALL OUR STUDENTS BY CREATING AN ATMOSPHERE OF CARING THAT PERVADES EVERY ASPECT OF SCHOOL LIFE, AND PROMOTES ATTACHMENT TO AND RESPONSIBILITY FOR ALL MEMBERS OF OUR SCHOOL COMMUNITY. 7 7 168 350 0 0 1521442 1565548 13078568 14441746 2271 1799 201942 136439 14804223 16145532 0 0 0 0 9373268 10021647 0 0 0 5811621 6158984 15184889 16180631 -380666 -35099 10024669 10422091 19715269 20147790 -9690600 -9725699 X THE MISSION IS TO PROVIDE STUDENTS WITH THE ACADEMIC, SOCIAL AND EMOTIONAL FOUNDATIONS AND SKILLS NECESSARY TO BECOME HIGH ACHIEVING, SOCIALLY COMPETENT STEWARDS OF THEIR COMMUNITIES. THE FOUNDERS OF THE NEW FOUNDATIONS CHARTER SCHOOL WILL ENSURE A COMMITMENT TO LIFELONG LEARNING AND ACHIEVEMENT OF ALL OUR STUDENTS BY CREATING AN ATMOSPHERE OF CARING THAT PERVADES EVERY ASPECT OF SCHOOL LIFE, AND PROMOTES ATTACHMENT TO AND RESPONSIBILITY FOR ALL MEMBERS OF OUR SCHOOL COMMUNITY. 0 0 13311216 14594717 CHARTER SCHOOL PROVIDING EDUCATION INSTRUCTION TO STUDENTS IN THE CITY OF PHILADELPHIA SERVING GRADES K-12 13311216 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 28 0 168 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SANTILLI THOMSON LLC 8565051300 601 ROUTE 73 NORTH SUITE 302 MARLTON NJ 08053 DAVID LAMBIE PRESIDENT 2.00 X 0 0 0 KAREN BOWMAN SECRETARY 2.00 X 0 0 0 TOM SHIRLEY TREASURER 2.00 X 0 0 0 KISHA THOMPSON VICE PRESIDENT 2.00 X 0 0 0 WALTER JOHNS BOARD MEMBER 2.00 X 0 0 0 SISTER MAUREEN MCGARRITY BOARD MEMBER 2.00 X 0 0 0 MADDIE ARROYO BOARD MEMBER 2.00 X 0 0 0 PAUL STADELBERGER CEO 40.00 X 155323 0 53690 WILLIAM SCHILLING PRINCIPAL 40.00 X 107816 0 38868 SHIRA WOOLF-COHEN PRINCIPAL 40.00 X 108277 0 39034 371416 0 131592 3 0 1 0 SANTILLI & THOMSON FOUR GREENTREE CENTRE 601 ROUTE 73 MARLTON NJ 08053 BUSINESS SERVICES 197296 LATSHA DAVIS & MC KENNA PC 350 EAGLEVIEW BLVD EXTON PA 19341 LEGAL SERVICES 115319 THERAPY SOURCE 5215 MILITIA HILL RD PLYMOUTH MEETING PA 19462 THERAPEUTIC SERVICES 103390 3 19719 1287977 257852 1565548 SCHOOL DISTRICT SUBSIDY 611710 13454597 13454597 FOOD SERVICE 611710 489816 489816 STATE REIMBURSEMENTS 611710 331465 331465 CHILD CARE FEES 611710 114084 114084 SUMMER SCHOOL 611710 51784 51784 14441746 1799 1799 0 19719 16532 -16532 -16532 MISCELLANEOUS 611710 152971 152971 152971 16145532 14594717 0 -14733 6457206 5536928 920278 1979739 1701441 278298 1036888 942999 93889 547814 474455 73359 174270 174270 123469 12669 110800 31350 31350 625457 489990 135467 1836 1836 391643 164290 227353 12401 12401 2882286 2594057 288229 21071 3344 17727 18735 18735 257388 205910 51478 167653 64782 102871 FOOD SERVICE 472356 472356 INSTRUCTIONAL SUPPLIES 453565 453543 22 DUES 130075 416 129659 EQUIPMENT 127939 77012 50927 267490 98289 169201 16180631 13311216 2869415 0 637782 831073 4301421 4908461 537430 646938 41155 39356 274492 130425 2112713 1410888 836672 701825 3395717 3164013 10024669 10422091 1129195 1075566 18586074 19072224 19715269 20147790 X -10527272 -10427524 836672 701825 -9690600 -9725699 10024669 10422091 -35099 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 517306 264746 252560 1462848 1059410 403438 132559 86732 45827 701825 DUE FROM OTHER FUNDS 96925 DEFERRED OUTFLOWS RELATED TO PENSIONS 3067088 3164013 ADVANCES 86730 PENSION LIABILITY 17976000 DEFERRED INFLOWS OF RESOURCES 890000 DUE TO OTHER FUND 96925 DUE TO COMPONENT UNIT 22569 19072224 X 16145532 0 16145532 0 16145532 16180631 0 16180631 0 16180631 PART X, LINE 2: THE 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 POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2016, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2013. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CHARTER SCHOOL PROHIBITS DISCRIMINATION SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE US DEPARTMENT OF EDUCATION, PASSED THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND ALSO PARTICIPATES IN VARIOUS REIMBURSEMENT PROGRAMS WITH THE PENNSYLVANIA DEPARTMENT OF EDUCATION. GOLF OUTING 19719 19719 1478 12959 2095 19719 19719 1478 12959 2095 16532 -16532 X X 0 0 0 0 0 0 0 0 0 PAUL STADELBERGER CEO 155323 0 0 0 0 0 53690 0 0 0 209013 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE INDEPENDENT AUDITING FIRM AND PRESENTED TO THE BOARD OF TRUSTEES OF THE GOVERNING BODY FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND APPROPRIATE STAFF HAVE RECEIVED TRAINING FROM THEIR SOLICITOR THROUGHOUT THE YEAR. THE BOARD REVIEWS ITS POLICY ON CONFLICT OF INTEREST EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL HIRES A CONSULTANT TO ADVISE THE BOARD WITH THE REVIEW OF SALARIES FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, WRITTEN OR VERBAL. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS DURING THE LAST YEAR. 8001 TORRESDALE CORPORATION 8001 TORRESDALE AVENUE PHILADELPHIA PA 19136 233086658 SUPPORT ORGANIZATION PA 501(C)(3) LINE 11A, I 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 8001 TORRESDALE AVENUE CORPORATION K 2208000