2016-05-16T09:26:39-05:00 2015-06-30 222428965 CITRIN COOPERMAN & COMPANY LLP 1800 JFK BOULEVARD 20TH FLOOR PHILADELPHIA PA 19103 990 2014-07-01 233048397 MARIANA BRACETTI ACADEMY CHARTER SCHOOL MARI 2152914436 1840 TORRESDALE AVE PHILADELPHIA PA 19124 ANGELA VILLANI CEO 2152914436 2016-05-12 1 KEVIN RYAN CPA P00383430 2155454800 2014 2016-08-17 19:52:53Z ANGELA VILLANI 1840 TORRESDALE AVE PHILADELPHIA PA 19124 14438425 0 X WWW.MBACS.ORG X 2000 PA MARIANA BRACETTI ACADEMY CHARTER SCHOOL IS AN INDEPENDENT CHARTER SCHOOL WITH THE PRIMARY PURPOSE TO PROVIDE EDUCATION TO ELEMENTARY/MIDDLESCHOOL/HIGH SCHOOL STUDENTS, WITH UNIQUE SUPPORT SERVICES TO FACILITATETHIS GOAL 9 9 142 0 0 0 1082099 1234398 14059656 13047349 0 0 116156 156678 15257911 14438425 0 0 0 0 9292055 9549174 0 0 0 5461389 5519935 14753444 15069109 504467 -630684 6556234 7488297 2199876 22429925 4356358 -14941628 MARIANA BRACETTI ACADEMY CHARTER SCHOOL IS AN INDEPENDENT CHARTER SCHOOL WITH A PRIMARY PURPOSE TO PROVIDE EDUCATION TO MIDDLE SCHOOL/HIGH SCHOOL STUDENTS, WITH UNIQUE SUPPORT SERVICES TO FACILITATE THIS GOAL. 0 0 11275176 14438425 MARIANA BRACETTI ACADEMY CHARTER SCHOOL IS AN INDEPENDENT CHARTER SCHOOL WITH A PRIMARY PURPOSE TO PROVIDE EDUCATION TO MIDDLE SCHOOL/HIGH SCHOOL STUDENTS, WITH UNIQUE SUPPORT SERVICES TO FACILITATE THIS GOAL. 11275176 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 142 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X SANTILLI & THOMSON LLC 8565051300 601 ROUTE 73 NORTH SUITE 302 NORTH MARLTON NJ 08053 DR ARLENE HOLTZ PRESIDENT 3.00 X 0 0 0 TRACY ELIZABETH CLAY VICE PRESIDENT 3.00 X 0 0 0 JENEE CHIZICK SECRETARY 3.00 X 0 0 0 DR JORGE SANTIAGO AVILES TREASURER 3.00 X 0 0 0 ALEJANDRO ROMAN BOARD MEMBER 3.00 X 0 0 0 CARMEN CRUZ BOARD MEMBER 3.00 X 0 0 0 TARA SMITH BOARD MEMBER 3.00 X 0 0 0 CARRIE B NASE-POUST BOARD MEMBER 3.00 X 0 0 0 TARA R BUCKLEY BOARD MEMBER 3.00 X 0 0 0 ANGELA VILLANI CEO 40.00 X 175185 0 55976 RONALD NORDMEYER COO 40.00 X 133414 0 46914 JANA SOMMA PRINCIPAL 40.00 X 125382 0 47138 433981 0 150028 3 0 1 0 MASCHIO'S FOOD SERVICE 525 EAST MAIN STREET CHESTER NJ 07930 FOOD SERVICE 498792 PRIMO'S FOOD SERVICES 2411 KINGMAN DRIVE WILMINGTON DE 19810 FOOD MANAGEMENT 159850 KFS INC EDUCATION DIVISION 940 E HAVERFORD RD 102 BRYN MAWR PA 19010 EDUCATION 148025 ALL CITY TRANSPORTATION 6930 NORWITCH DRIVE PHILADELPHIA PA 19153 TRANSPORTATION 112790 JAN-KING OF PHILADELPHIA INC 2500 EISENHOWER AVE NORRISTOWN PA 19403 CLEANING 107265 6 1234398 1234398 LOCAL EDUCATIONAL AGENCIES 611710 12130500 12130500 FOOD SERVICES REVENUE 611710 577645 577645 STATE GRANTS AND REIMBURSEMENT 611710 339204 339204 13047349 MISCELLANEOUS REVENUE 611710 156678 156678 156678 14438425 13204027 0 0 5985280 4469158 1516122 1746587 1284491 462096 1186205 873676 312529 631102 513604 117498 53670 53670 30000 30000 98009 8500 89509 691 691 155668 68403 87265 157661 157661 2603479 2082783 520696 247321 245942 1379 22354 22354 1653 1653 296543 237234 59309 71771 71771 PROFESSIONAL SERVICES 738521 531797 206724 FOOD SERVICES 459379 459379 INSTRUCTIONAL BOOKS 259593 259593 APPROVED PRIVATE SCHOOL 143664 143664 179958 74598 105360 15069109 11275176 3793933 0 1535206 1972866 658985 612987 1437570 611423 4152 2809 2129135 2163822 14167 4003 41895 141845 1925140 1297228 729218 627912 5906 1350630 6556234 7488297 1767831 1279492 260407 108815 165732 19627191 5906 1414427 2199876 22429925 X 3792872 -15534349 563486 592721 4356358 -14941628 6556234 7488297 X -630684 -18667301 X 0 1 X 1 1 1 X 363335 116147 247188 544521 386175 158346 1017284 794906 222378 627912 DUE FROM OTHER FUND 13427 DEFERRED OUTFLOWS OF RESOURCES 1337203 1350630 DUE TO GENERAL FUND 13427 DEFERRED INFLOWS OF RESOURCES 1401000 1414427 X 14438425 0 14438425 0 14438425 15069110 0 15069110 0 15069110 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, 2015, 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 TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART 1, LINE 3 CHARTER SCHOOL LAW PROHIBITS DISCRIMMINATION. SCHEDULE E, PART 1, LINE 6 THE CHARTER SCHOOL RECEIVES VARIOUS GRANTS AND FINANCIAL AID FROM FEDERAL, STATE AND LOCAL SOURCES IN CARRYING OUT THEIR MISSION. X 0 0 0 0 0 0 0 0 0 ANGELA VILLANI CEO 175185 0 0 0 0 0 37490 0 18486 0 231161 0 0 0 RONALD NORDMEYER COO 133414 0 0 0 0 0 28551 0 18363 0 180328 0 0 0 JANA SOMMA PRINCIPAL 125382 0 0 0 0 0 26832 0 20306 0 172520 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 BUSINESS MANAGEMENT DUITIES ARE PERFORMED BY SANTILLI & THOMSON, LLC FORM 990, PART VI, SECTION B, LINE 11 A PLANNED MEETING IS SCHEDULED TO REVIEW THE 990 ANNUALLY, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE ADDRESSED BY THE BOARD PRIOR TO ELECTING MEMBERS. IF CONFLICTS ARISE SUBSEQUENTLY, THEY ARE REQUIRED TO BE COMMUNICATED AND ADDRESSED. ACCORDINGLY BOARD MEMBERS FILE A STATEMENT OF FINANCIAL INTERESTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND THE SCHOOL'S MANAGEMENT COMPANY MAKE RECOMMENDATIONS REGARDING CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST THROUGH THE RIGHT-TO-KNOW LAW AS WELL AS ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST THROUGH THE RIGHT-TO-KNOW LAW AS WELL AS ON GUIDESTAR ORG. FORM 990, PART XI, LINE 9: CUMMULATIVE EFFECT OF ADOPTION OF GASB 68 -18,667,301. FORM 990, PART VI, SECTION A, LINE 3 BUSINESS MANAGEMENT DUITIES ARE PERFORMED BY SANTILLI & THOMSON, LLC FORM 990, PART VI, SECTION B, LINE 11 A PLANNED MEETING IS SCHEDULED TO REV LEW THE 990 ANNUALLY, PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE ADDRESSED BY THE BOARD PRIOR TO ELECTING MEMBERS. IF CONFLICTS ARISE SUBSEQUENTLY, THEY ARE REQUIRED TO BE COMMUNICATED AND ADDRESSED ACCORDINGLY BOARD MEMBERS FILE A STATEMENT OF FINANCIAL INTERESTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND THE SCHOOL'S MANAGEMENT COMPANY MAKE RECOMMENDATION REGARDING CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST THROUGH THE RIGHT-TO-KNOW LAW AS WELL AS ON GUIDESTAR ORG. FORM 990, PART XI, LINE 2C THE PROCESS FOR ASSUMING RESPOSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BY THOSE CHARGED WITH GOVERNANCE HAS NOT CHANGED FROM THE PRIOR YEAR. BRAZO DE ORO CHILDRENS FOUNDATION 1840 TORRESDALE AVENUE PHILADELPHIA PA 19124 TO SUPPORT MARIANA BRACETTI ACADEMY CHARTER SCHOOL PA 501(C)(3) LINE 11A, I 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 BRAZO DE ORO CHILDRENS FOUNDATION K 2096730 ACTUAL BRAZO DE ORO CHILDRENS FOUNDATION E 24210000 ACTUAL BRAZO DE ORO CHILDRENS FOUNDATION R 2163822 ACTUAL