2016-01-19T14:04:25-06:00 2015-06-30 341897225 HILL BARTH & KING LLC 7000 STONEWOOD DRIVE SUITE 300 WEXFORD PA 15090 990 2014-07-01 201331146 PENNSYLVANIA DISTANCE LEARNING CHARTER SCHOOL PENN 7249337300 2100 CORPORATE DRIVE NO 500 WEXFORD PA 15090 PATRICIA ROSSETTI CEO 7249337300 2016-01-11 1 SEAN R KOCAN P01492278 7249345300 2016-01-11 2014 2016-04-25 22:37:26Z PATRICIA ROSSETTI 2100 CORPORATE DRIVE NO 500 WEXFORD PA 15090 6555025 0 X WWW.PADISTANCE.ORG X 2004 PA OPERATION OF AN ELEMENTARY AND SECONDARY CYBER SCHOOL FOR EDUCATIONAL PURPOSES. 3 3 52 0 0 0 345315 318998 5463823 6234736 0 0 2071 1291 5811209 6555025 0 0 0 0 2771805 3285771 0 0 0 2488958 3537878 5260763 6823649 550446 -268624 1786062 2708115 236594 6369103 1549468 -3660988 X THE PENNSYLVANIA DISTANCE LEARNING CHARTER SCHOOL'S MISSION IS TO FULLY EDUCATE AND DEVELOP THE CHILDREN OF PENNSYLVANIA BY UTILIZING AN EDUCATIONAL MODEL THAT COMBINES STATE OF THE ART TECHNOLOGY WITH A WORLD CLASS EDUCATIONAL CURRICULUM AND RESOURCES AND ENHANCE THE ABILITY OF PARENTS TO BE THOROUGHLY INVOLVED IN THEIR CHILD'S EDUCATION BY DIRECTING THE CHILD ALONG AN EDUCATIONAL PATH SELECTED BY THE PARENT WHICH IS SPECIFICALLY DESIGNED FOR THAT CHILD'S NEEDS, DESIRES AND APTITUDES. THIS MISSION ALLOWS THE CHILD TO FLOURISH AND DEVELOP SOONER THAN HE/SHE WOULD IF HE/SHE HAD TO FOLLOW A PRE-PRESCRIBED EDUCATIONAL PLAN DEVELOPED FOR AN ENTIRE CLASS OF STUDENTS WHICH MAY NOT BE APPROPRIATE FOR THAT STUDENT INDIVIDUALLY. 0 0 4227899 6234736 THE SCHOOL PROVIDES PERSONALIZED, BASIC AND ENHANCED LEARNING OPPORTUNITIES FOR K-12 STUDENTS THROUGH A HOME-BASED DELIVERED EDUCATION. THE SCHOOL INVOLVES AND EMPOWERS PARENTS OF STUDENTS TO THE HIGHEST DEGREE IN THE ROLE OF THE EDUCATOR. STUDENTS ACHIEVE THEIR OPTIMUM LEVELS OF DEVELOPMENT WITHIN THE SAFE ENVIRONMENT OF THEIR HOME USING ALL THE SCHOOL'S RESOURCES. THE SCHOOL HAS SERVED 809 STUDENTS IN 233 SCHOOL DISTRICTS THROUGHOUT PENNSYLVANIA. 4227899 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 52 1 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X MICHAEL WHISMAN CPA 2154819777 222 KESWICK AVENUE GLENSIDE PA 19038 JOHN MAROUS PRESIDENT 2.00 X X 0 0 0 WILLIAM DIBENDETTO JR SECRETARY 1.00 X X 0 0 0 WILLIAM DONAHUE VICE PRESIDENT 1.00 X X 0 0 0 PATRICIA ROSSETTI CEO 40.00 X 107680 0 43257 107680 0 43257 1 0 1 0 THE HOPE LEARNING CENTER 12300 PERRY HIGHWAY WEXFORD PA 15090 SPECIAL EDUCATION 568695 CHARTER CHOICES INC 222 KESWICK AVENUE GLENSIDE PA 19038 BUSINESS SERVICES 310653 CLOUDCAST LLC 125 TECHNOLOGY DRIVE SUITE 3 CANONSBURG PA 15317 IT SUPPORT 202571 LATSHA DAVIS & MCKENNA 11700 BENT CREEK BOULEVARD SUITE 1 MECHANICSBURG PA 17050 LEGAL SERVICES 163946 4 318998 318998 DISTRICT FUNDING 611710 6234736 6234736 6234736 MISCELLANEOUS REVENUE 900099 1291 1291 1291 6555025 6234736 0 1291 X 107680 107680 1949521 1327970 621551 434388 279058 155330 596728 385202 211526 197454 130757 66697 159760 159760 21490 21490 1836679 1319711 516968 374787 374787 103206 53936 49270 184549 116266 68283 222290 214669 7621 34419 34419 GASB 68 EXPENSE 309367 191808 117559 SUPPLIES 198928 190842 8086 UTILITIES 51284 51284 MISCELLANEOUS 23439 23439 17680 17680 6823649 4227899 2595750 0 847580 1244495 73384 72896 530158 542035 85825 78623 709758 549966 239009 159792 10106 610274 1786062 2708115 236594 517736 0 5851367 236594 6369103 X 0 0 239009 159792 1310459 -3820780 1549468 -3660988 1786062 2708115 -268624 -4941832 0 X X 0 1 X 0 0 X 446611 243174 380801 414075 318998 1803659 446611 243174 380801 414075 318998 1803659 1803659 1201 242 1443 1805102 0.99920 0.99840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 709758 549966 159792 159792 GASB 68 DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS 600168 SECURITY DEPOSITS 10106 610274 GASB 68 DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS 309367 GASB 68 PENSION LIABILITY 5542000 5851367 6555025 0 6555025 0 6555025 6823649 0 6823649 0 6823649 PART X, LINE 1(A) GASB 68 DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS X X X 0 0 0 0 0 0 0 0 0 PATRICIA ROSSETTI CEO 107680 0 0 0 0 0 22667 0 20590 0 150937 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 SUBSTANTIALLY ALL OF THE SCHOOL'S BUSINESS FUNCTIONS HAVE BEEN CONTRACTED TO CHARTER CHOICES, INC (CC). CC PERFORMS PAYROLL SERVICES , ACCOUNTS PAYABLE SERVICES, ACCOUNTS RECEIVABLE SERVICES, MAINTAINS THE ACCOUNTING SYSTEM OF RECORDS AND REPORTS, FEDERAL CONSOLIDATED GRANT RECONCILIATIONS, FINANCIAL REPORTING AND BUDGETS, FINANCIAL PROJECTIONS AND PLANNING, ENTERS AND MAINTAINS STUDENT DATA RECORDS FOR BILLING PURPOSES, PREPARES DISTRICT BILLING USING SCHOOL PROVIDED INFORMATION, AND FISCAL COMPLIANCE REPORTING. THE SCHOOL PAYS AN ANNUAL FEE OF $560 PER AVERAGE DAILY MEMBERSHIP TO CC. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO UNDERLYING COMMITTEES OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 DRAFTS OF THE FORM 990 ARE DISTRIBUTED TO THE MANAGEMENT COMPANY, THE BOARD PRESIDENT (JOHN MAROUS), AND THE BOARD ADVISOR/CPA (JOHN LALLY), FOR THEIR REVIEW. HILL, BARTH & KING LLC PREPARES THE SCHOOL'S FORM 990. THEY ARE AVAILABLE TO RESPOND TO QUESTIONS OR RECOMMENDATIONS AS A RESULT OF THE BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS EMPLOYMENT AND CONSULTING ARRANGEMENTS TO ENSURE THAT CONFLICTS OF INTEREST DO NOT OCCUR IN THE SCHOOL. ALL APPOINTMENTS ARE ASKED AT THE TIME OF INTERVIEW IF THEY ARE RELATED TO ANYONE IN THE ORGANIZATION. ADDITIONALLY, TRUSTEES AND THE CEO ARE REQUIRED TO COMPLETE A FINANCIAL DISCLOSURE DECLARATION ANNUALLY. THE DISCLOSURE FORM IS CONSISTENT WITH THE PENNSYLVANIA ETHICS REQUIREMENTS FOR SCHOOL BOARD OFFICIALS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE BOARD OF TRUSTEES ANNUALLY EVALUATES THE CEO AND USES COMPARABILITY DATA TO RECOMMEND COMPENSATION AND BENEFITS. THE CEO IS RESPONSIBLE FOR RECOMMENDING SALARIES FOR ALL OTHER EMPLOYEES FOR TRUSTEE APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS FOR ADDITIONAL INFORMATION SHOULD BE ADDRESSED TO THE FISCAL OFFICER C/O PENNSYLVANIA DISTANCE LEARNING CHARTER SCHOOL, 2100 CORPORATE DRIVE, SUITE 500, WEXFORD, PA 15090. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,319,711. MANAGEMENT AND GENERAL EXPENSES 516,968. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,836,679. FORM 990, PART XII, LINE 2C: THERE ARE NO UNDERLYING COMMITTEES OF THE GOVERNING BODY. FORM 990, PART XI, LINE 8 AND SCHEDULE D, PART X: DURING THE FISCAL YEAR ENDING JUNE 30, 2015, THE SCHOOL WAS REQUIRED TO IMPLEMENT GASB 68. THIS ACCOUNTING STANDARD REQUIRED THE SCHOOL TO REPORT ITS PROPORTIONATE SHARE OF THE NET PENSION LIABILITY OF THE UNDERFUNDED COST-SHARING MULTI-EMPLOYER DEFINED BENEFIT PENSION PLAN PROVIDED BY THE COMMONWEALTH OF PENNSYLVANIA. AT JUNE 30, 2015, THE SCHOOL REPORTED A LIABILITY OF $5,542,000 WHICH IS REDUCED BY DEFERRED OUTFLOWS OF RESOURCES IN THE AMOUNT OF $600,168. IN RECORDING THE LIABILITY AND DEFERRED OUTFLOWS, THE NET ASSETS/FUND BALANCES WERE ADJUSTED BY $4,941,832 RESULTING IN A YEAR-END NEGATIVE BALANCE. THE ADJUSTMENT NUMBERS ARE AN ACCUMULATION OF MULTIPLE PREVIOUS YEARS LIABILITY GENERATION AND NOT ALL ATTRIBUTED TO FISCAL YEAR ENDING JUNE 30, 2015. THE FISCAL YEAR ENDING JUNE 30, 2015 WAS THE FIRST YEAR FOR THIS ADJUSTMENT. EACH YEAR, THE SCHOOL'S PROPORTIONATE SHARE OF THE LIABILITY WILL BE ADJUSTED. THE ADJUSTMENT WILL BE DONE IN ACCORDANCE WITH THE ACCOUNTING STANDARD BUT WILL NOT HAVE AN EFFECT ON THE ONGOING CASH REQUIREMENTS OF THE SCHOOL.