YOUNG SCHOLARS CHARTER SCHOOL INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- YOUNG SCHOLARS CHARTER SCHOOL INC (EIN 23-2976339)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-03-02
- IRS object ID
- 201630629349300333
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-03-02T13:46:45-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 W GERMANTOWN PIKE STE 400 | AddressLine1Txt |
| City | PLYMOUTH MEETING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19462 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232976339 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNG SCHOLARS CHARTER SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | YOUN | BusinessNameControlTxt |
| Phone | 2152329727 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 NORTH MARSHALL STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19123 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSIKA MCLAUGHLIN | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2152329727 | PhoneNum |
| Signature | 2016-02-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRUCE BRAUNEWELLCPA | PreparerPersonNm |
| PTIN | P00075336 | PTIN |
| Phone | 2156433900 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JESSIKA MCLAUGHLIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 NORTH MARSHALL STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,433,338 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PHILLYSCHOLARS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Other Organization Dsc | EDUCATIONAL INSTITUTIONS | OtherOrganizationDsc |
| Formation | 1998 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | YOUNG SCHOLARS CHARTER SCHOOL PREPARES MIDDLE SCHOOL STUDENTS TO ATTEND AND SUCCEED IN THE BEST HIGH SCHOOL AND COLLEGES AND YOUNG SCHOLARS PROVIDES OUR STUDENTS WITH A FOUNDATION OF LIFE SKILLS TO BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 33 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $488,877 | PYContributionsGrantsAmt |
| CY Contributions Grants | $593,728 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,786,737 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,702,573 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$13,817 | PYOtherRevenueAmt |
| CY Other Revenue | -$13,060 | CYOtherRevenueAmt |
| PY Total Revenue | $3,261,797 | PYTotalRevenueAmt |
| CY Total Revenue | $3,283,241 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,038,040 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,970,189 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,250,680 | PYOtherExpensesAmt |
| CY Other Expenses | $1,295,736 | CYOtherExpensesAmt |
| PY Total Expenses | $3,288,720 | PYTotalExpensesAmt |
| CY Total Expenses | $3,265,925 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$26,923 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,316 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $451,671 | TotalAssetsBOYAmt |
| Total Assets EOY | $719,262 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $182,604 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,556,386 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $269,067 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$3,837,124 | NetAssetsOrFundBalancesEOYAmt |
| Mission | YOUNG SCHOLARS CHARTER SCHOOL PREPARES MIDDLE SCHOOL STUDENTS TO ATTEND AND SUCCEED ACADEMICALLY IN THE BEST HIGH SCHOOLS AND COLLEGES, AND YOUNG SCHOLARS PROVIDES OUR STUDENTS WITH A FOUNDATION OF LIFE SKILLS REQUIRED TO BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,156,111 | ExpenseAmt |
| Revenue | $2,702,573 | RevenueAmt |
| Desc | MIDDLE SCHOOL, GRADES 6-8: YOUNG SCHOLARS USES A FOCUSED, PROGRESSIVE EDUCATIONAL APPROACH DESIGNED SPECIFICALLY TO CLOSE THE ACHIEVEMENT GAP FOR LOW-INCOME STUDENTS WHO COME TO US SEVERELY UNDER-PREPARED. | Desc |
| Total Program Service Expenses | $2,156,111 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 33 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOLAR ACADEMIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155254141 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W OXFORD ST SUITE E-2000 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19122 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| WAYNE B WEISMAN | ||||||||
| CHAIRMAN | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| THOMAS G REBAR | ||||||||
| TREASURER | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARMON M HARVEY | ||||||||
| SECRETARY | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES T EGAN | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MIRIAM SPECTOR | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| COURTNEY DISSTON | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN KAN | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DANA DWIRANTWI | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AL MOTLEY | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GAIL TOMASSINI | ||||||||
| MEMBER | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JESSIKA MCLAUGHLIN | ||||||||
| CEO | 40.00 | Yes (X) | $98,856 | $0 | $39,263 | |||
| LARS BECK | ||||||||
| CEO OF SCHOLAR ACADEMIES | 1.00 | 40.00 | $0 | $199,375 | $11,963 | Yes (X) | ||
| JANA WILCOX LAVIN | ||||||||
| COO OF SCHOLAR ACADEMIES | 1.00 | 40.00 | $0 | $135,026 | $15,424 | Yes (X) | ||
| KAREN SMITH | ||||||||
| CHIEF ACADEMIC OFFICER, SA | 1.00 | 40.00 | $0 | $144,200 | $16,615 | Yes (X) | ||
| JUSTIN WHEELER | ||||||||
| CFO OF SCHOLAR ACADEMIES | 1.00 | 40.00 | $0 | $125,715 | $29,599 | Yes (X) | ||
| CAROLINE FISHEROW | ||||||||
| CHIEF ACADEMIC OFFICER, SA | 1.00 | 40.00 | $0 | $127,104 | $7,963 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $98,856 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $731,420 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $120,827 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $33,338 | FundraisingAmt |
| Government Grants | $327,665 | GovernmentGrantsAmt |
| All Other Contributions | $232,725 | AllOtherContributionsAmt |
| Total Contributions | $593,728 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SCHOOL DISTRICT REV. | 611600 | $2,557,166 | $2,557,166 |
| STATE SUBSIDIES | 611600 | $79,575 | $79,575 |
| E-RATE | 611600 | $48,360 | $48,360 |
| STUDENT ACTIVITIES | 611600 | $17,472 | $17,472 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,702,573 | TotalProgramServiceRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $130,467 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $130,467 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $5,350 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $33,338 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $19,630 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$14,280 | TotalRevenueColumnAmt |
| Exclusion | -$14,280 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $1,220 | TotalRevenueColumnAmt |
| Exclusion | $1,220 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,220 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,283,241 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,702,573 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$13,060 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,489 | TotalAmt |
| Program Services | $73,745 | ProgramServicesAmt |
| Management And General | $73,744 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,317,262 | TotalAmt |
| Program Services | $1,221,102 | ProgramServicesAmt |
| Management And General | $96,160 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,721 | TotalAmt |
| Program Services | $167,152 | ProgramServicesAmt |
| Management And General | $17,569 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,115 | TotalAmt |
| Program Services | $190,881 | ProgramServicesAmt |
| Management And General | $11,234 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,602 | TotalAmt |
| Program Services | $105,588 | ProgramServicesAmt |
| Management And General | $13,014 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,717 | TotalAmt |
| Management And General | $255,717 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,406 | TotalAmt |
| Program Services | $83,086 | ProgramServicesAmt |
| Management And General | $1,320 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,050 | TotalAmt |
| Management And General | $24,050 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,096 | TotalAmt |
| Program Services | $116,774 | ProgramServicesAmt |
| Management And General | $40,322 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,811 | TotalAmt |
| Management And General | $51,811 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,178 | TotalAmt |
| Program Services | $967 | ProgramServicesAmt |
| Management And General | $6,211 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,764 | TotalAmt |
| Program Services | $14,959 | ProgramServicesAmt |
| Management And General | $5,805 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,399 | TotalAmt |
| Program Services | $1,199 | ProgramServicesAmt |
| Management And General | $423,200 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,282 | TotalAmt |
| Program Services | $525 | ProgramServicesAmt |
| Management And General | $757 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,621 | TotalAmt |
| Management And General | $49,621 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,930 | TotalAmt |
| Program Services | $21,930 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,932 | TotalAmt |
| Management And General | $29,932 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT ACTIVITIES | $56,423 | $56,423 | |
| CURRICULUM SUPPLIES | $47,043 | $47,043 | |
| ASSESSMENTS | $39,993 | $39,993 | |
| MISCELLANEOUS | $16,193 | $6,846 | $9,347 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,898 | TotalAmt |
| Program Services | $7,898 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,265,925 | TotalAmt |
| Program Services | $2,156,111 | ProgramServicesAmt |
| Management And General | $1,109,814 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,708 | BOYAmt |
| EOY | $128,981 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88 | BOYAmt |
| EOY | $38 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $215,146 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,715 | BOYAmt |
| EOY | $106,934 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,692 | BOYAmt |
| EOY | $3,761 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $376,221 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $310,825 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,711 | BOYAmt |
| EOY | $65,396 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,757 | BOYAmt |
| EOY | $199,006 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,671 | BOYAmt |
| EOY | $719,262 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,604 | BOYAmt |
| EOY | $240,603 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,315,783 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,604 | BOYAmt |
| EOY | $4,556,386 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,067 | BOYAmt |
| EOY | -$3,862,124 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $25,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $269,067 | BOYAmt |
| EOY | -$3,837,124 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,671 | BOYAmt |
| EOY | $719,262 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $17,316 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$4,123,507 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,098 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,098 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $230,163 | OtherCostOrOtherBasisAmt |
| Depreciation | $164,767 | DepreciationAmt |
| Book Value | $65,396 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $103,960 | OtherCostOrOtherBasisAmt |
| Depreciation | $103,960 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,396 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PENSION DEFERRED OUTFLOWS | Desc |
| Book Value | $199,006 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $199,006 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RELATED PARTY PAYABLE | $22,325 |
| PENSION DEFERRED INFLOWS | $809,460 |
| NET PENSION LIABILITY | $3,483,998 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,315,783 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $3,302,871 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $19,630 | OtherRevenueAmt |
| Revenue Not Reported | $19,630 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,283,241 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,283,241 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,285,555 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $19,630 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $19,630 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,265,925 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,265,925 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASS SPECIAL EVENT EXPENSES 19,630. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASS SPECIAL EVENT EXPENSES 19,630. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION |
| SCHEDULE E, PART I, LINE 6 | YOUNG SCHOLARS CHARTER SCHOOL RECEIVES GOVERNMENTAL ASSISTANCE FROM THE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF EDUCATION. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ART AUCTION | Event1Nm |
| Gross Receipts Event1 | $38,688 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $33,338 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $5,350 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $19,630 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $38,688 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $33,338 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $5,350 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $19,630 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $19,630 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$14,280 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LARS BECK | ||||||||||||||
| CEO OF SCHOLAR ACADEMIES | $0 | $199,375 | $0 | $0 | $0 | $0 | $0 | $11,963 | $0 | $0 | $0 | $211,338 | $0 | $0 |
| JANA WILCOX LAVIN | ||||||||||||||
| COO OF SCHOLAR ACADEMIES | $0 | $135,026 | $0 | $0 | $0 | $0 | $0 | $8,102 | $0 | $7,322 | $0 | $150,450 | $0 | $0 |
| KAREN SMITH | ||||||||||||||
| CHIEF ACADEMIC OFFICER, SA | $0 | $144,200 | $0 | $0 | $0 | $0 | $0 | $8,652 | $0 | $7,963 | $0 | $160,815 | $0 | $0 |
| JUSTIN WHEELER | ||||||||||||||
| CFO OF SCHOLAR ACADEMIES | $0 | $125,715 | $0 | $0 | $0 | $0 | $0 | $7,543 | $0 | $22,056 | $0 | $155,314 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | WAYNE WEISMAN, CHAIR OF THE YSCS BOARD OF TRUSTEES, 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 NONPROFIT 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 THE CONTRACT. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE & AUDIT COMMITTEE WILL REVIEW THE FORM 990 IN DETAIL AND PROVIDE ANY COMMENTS AND RECOMMEND IT TO THE BOARD FOR ITS REVIEW AND INPUT. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY POTENTIAL CONFLICT 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. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S COMPENSATION WAS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD AS PART OF THE BUDGET REVIEW PROCESS AND PRESENTED TO THE BOARD FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION WILL MAKE AVAILABLE THE ORGANIZATION'S GOVERNING DOCUMENTS, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | GASB 68 ADJUSTMENT -4,123,507. |
| FORM 990, PART XII, LINE 2C | THERE WERE NO CHANGES FROM THE PRIOR PERIOD. |
| FORM 990, PART XI, LINE 9 | DURING THE FISCAL YEAR ENDED JUNE 30, 2015, THE SCHOOL IMPLEMENTED GASB ISSUED STATEMENT NO. 68, ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS. THE PURPOSE OF THE GASB STATEMENT IS TO ENSURE THAT ALL FUTURE ACTUARIALLY CALCULATED PENSION OBLIGATIONS ARE APPROPRIATELY REFLECTED ON THE ENTITY-WIDE FINANCIAL STATEMENTS INCLUDING THE SCHOOL'S PROPORTIONAL SHARE OF THE ACTUARIAL VALUATION OF THE NET PENSION OBLIGATION OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS). AS A RESULT, THE SCHOOL WAS REQUIRED TO RECORD A PREVIOUSLY UNREPORTED NET PENSION LIABILITY WHICH RESULTED IN A SIGNIFICANT DECREASE IN NET ASSETS AS OF JULY 1, 2014. THE IMPLEMENTATION OF THE NEW GASB IS NOT A REFLECTION OF THE SCHOOL'S ABILITY TO OPERATE EFFECTIVELY AND MEET CURRENT OBLIGATIONS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| YOUNG SCHOLARS FREDERICK DOUGLASS CHARTER SCHOOL | |||||||||
| 2118 W NORRIS ST | PHILADELPHIA | PA | 19121 | 800619248 | CHARTER SCHOOL | PA | 501(C)(3) | LINE 2 | 0 |
| DC SCHOLARS PUBLIC CHARTER SCHOOL INC | |||||||||
| 5601 EAST CAPITOL ST SE | WASHINGTON | DC | 20019 | 452544052 | CHARTER SCHOOL | DC | 501(C)(3) | LINE 2 | 0 |
| SCHOLAR ACADEMIES | |||||||||
| 100 W OXFORD STREET SUITE E-2000 | PHILADELPHIA | PA | 19122 | 371582250 | MANAGEMENT AND SUPPORT OF THE NETWORK OF YOUNG SCHOLAR CHARTER SCHOOLS | PA | 501(C)(3) | LINE 7 | 0 |
| YOUNG SCHOLARS KENDERTON CHARTER SCHOOL | |||||||||
| 15 W ONTARIO STREET | PHILADELPHIA | PA | 19140 | 463188964 | CHARTER SCHOOL | PA | 501(C)(3) | LINE 2 | 0 |
| PAUL ROBESON CHARTER SCHOOL | |||||||||
| 643 INDIANA AVENUE | TRENTON | NJ | 08638 | 261771106 | CHARTER SCHOOL | NJ | 501(C)(3) | LINE 2 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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