2015-04-22T09:26:14-05:00 2014-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 200 SPRINGER BLDG 3411 SILVERSIDE RD WILMINGTON DE 198104866 990 2013-07-01 233075231 PENNSYLVANIA VIRTUAL CHARTER SCHOOL PENN 6102758500 630 PARK AVENUE KING OF PRUSSIA PA 19406 JOSE PARRILLA CHIEF FINANCIAL OFFICER 6102758500 2015-04-22 JEFFREY A KOWALCZYK CPA P01563311 3024788940 2013 2016-02-25 16:41:14Z JOANNE BARNETT 630 PARK AVENUE KING OF PRUSSIA PA 19406 31631086 0 X WWW.PAVCSK12.ORG X 2001 PA THE MISSION OF PA VIRTUAL IS TO PROVIDE PENNSYLVANIA STUDENTS WITH AN EXCELLENT EDUCATION, GROUNDED IN HIGH ACADEMIC STANDARDS, WHICH WILL HELP THEM ACHIEVE THEIR FULL ACADEMIC AND SOCIAL POTENTIAL. 6 6 249 6 0 0 34844059 31496414 0 0 3349 2961 82050 131711 34929458 31631086 0 0 0 0 17889043 15403492 0 0 0 18867955 14743533 36756998 30147025 -1827540 1484061 14630656 16844715 4029377 4759375 10601279 12085340 X THE MISSION OF PA VIRTUAL IS TO PROVIDE PENNSYLVANIA STUDENTS WITH AN EXCELLENT EDUCATION, GROUNDED IN HIGH ACADEMIC STANDARDS, WHICH WILL HELP THEM ACHIEVE THEIR FULL ACADEMIC AND SOCIAL POTENTIAL. 0 0 18894312 DURING THE 2014 SCHOOL YEAR, THE ORGANIZATION'S THIRTEENTH YEAR OF OPERATION, PAVCS BILLED FOR 2,706 STUDENTS IN KINDERGARTEN THROUGH 12TH GRADES. THESE STUDENTS EMANATE FROM DIVERSE ETHNIC, RACIAL, AND SOCIO-ECONOMIC BACKGROUNDS FROM ACROSS PENNSYLVANIA. THIS SCHOOL YEAR, PAVCS HAD STUDENTS ENROLLED FROM 405 OF THE 500 SCHOOL DISTRICTS IN THE COMMONWEALTH. THE SCHOOL'S FTE FOR THIS YEAR TOTALED 2,309.42 FOR REGULAR EDUCATION AND 397.04 FOR SPECIAL EDUCATION. 669996 FEDERAL TITLE PROGRAMS (TITLE I, II). TITLE I IS AUTHORIZED BY THE NO CHILD LEFT BEHIND ACT OF 2001, WHICH IS THE LARGEST FEDERALLY FUNDED EDUCATIONAL PROGRAM. THE PURPOSE OF THIS TITLE IS TO ENSURE THAT ALL CHILDREN HAVE A FAIR, EQUAL, AND SIGNIFICANT OPPORTUNITY TO OBTAIN A HIGH-QUALITY EDUCATION AND REACH, AT A MINIMUM, PROFICIENCY ON CHALLENGING STATE ACADEMIC ACHIEVEMENT STANDARDS AND STATE ACADEMIC ASSESSMENTS. THIS PROGRAM AUTHORIZED BY CONGRESS, PROVIDES SUPPLEMENTAL FUNDS TO SCHOOL DISTRICTS AND DESIGNED TO ASSIST STUDENTS IN MEETING STATE CONTENT AND PERFORMANCE STANDARDS IN READING, LANGUAGE ARTS, AND MATHEMATICS (BASIC PROGRAMS). TITLE II PROVIDES FUNDING FOR PROFESSIONAL DEVELOPMENT TO SUPPORT ACHIEVEMENT AND MAINTAIN A HIGHLY QUALIFIED TEACHING STAFF. 517912 IDEA - THE AMENDMENTS TO THE INDIVIDUALS WITH DISABILITIES EDUCATION IMPROVEMENT ACT (IDEIA) OF 2004 AND PENNSYLVANIA REGULATIONS MANDATE THAT EVERY CHARTER SCHOOL IN THE STATE DEVELOP A SYSTEM TO IDENTIFY CHILDREN WITH DISABILITIES WHO ARE ENROLLED IN THE SCHOOL. PAVCS WILL LOCATE, IDENTIFY, AND EVALUATE CHILDREN WHO ENROLL IN PAVCS IN ACCORDANCE WITH ALL FEDERAL REGULATIONS AND STATE STANDARDS. IN ADDITION PAVCS SHALL PROVIDE AN ELIGIBLE CHILD AND HIS/HER PARENT/GUARDIAN WITH SAFEGUARDS, AS REQUIRED BY APPLICABLE LAW. PAVCS INCURRED EXPENSES FOR PHYSICAL SUPPORT SERVICES, PSYCHOLOGICAL TESTING, AND SPEECH SUPPORT SERVICES WHILE CARRYING OUT ITS PROGRAM FOR STUDENTS WITH DISABILITIES. TITLE II (IMPROVING TEACHER QUALITY), SCHOOL IMPROVEMENT, & NON-INSTRUCTIONAL SERVICES 20082220 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 0 0 0 0 1 47 0 1 249 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 1 0 PA X X JOSE PARRILLA 6102758500 ONE WEST MAIN STREET SUITE 400 NORRISTOWN PA 19401 MICHAEL KELLO PRESIDENT 1.00 X X 0 0 0 RHONDA WASKIEWICZ VICE PRESIDENT 0.50 X X 0 0 0 MARK GRAHAM SECRETARY 0.50 X X 0 0 0 BONNIE M SCHAEFER TREASURER 0.50 X X 0 0 0 JOHN MCELVENNY BOARD MEMBER 0.50 X 0 0 0 BETHANY J WELCH BOARD MEMBER 0.50 X 0 0 0 JOANNE BARNETT CEO 40.00 X 209926 0 26616 JOSE PARRILLA CFO 40.00 X 167702 0 34214 KAHLILA LEE DEAN OF TEACHING 40.00 X 148449 0 38205 DARLA POSNEY DEAN OF CURRICULUM & INSTR 40.00 X 122368 0 29441 JASON E BILLUPS EXECUTIVE DIRECTOR OF DATA 40.00 X 119516 0 16736 EILEEN CANNISTRACI ELEMENTARY SCHOOL PRINCIPAL 40.00 X 104513 0 33813 CHRIS GILLIGAN MIDDLE SCHOOL PRINCIPAL 40.00 X 103361 0 32271 975835 0 211296 7 0 1 0 HEALTHAMERICA PA INC 401 PLYMOUTH RD SUITE 350 PLYMOUTH MEETING PA 19462 HEALTH CARE 1439889 COVENTRY HEALTH & LIFE INS 6720 B ROCKLEDGE DR SUIT 700 BETHESDA MD 20817 HEALTH INSURANCE 239434 LATSHA DAVIS YOHE & MCKENNA PC 350 EAGLEVIEW BLVD SUITE 100 EXTON PA 19341 ATTORNEYS 236254 CATAPULT LEARNING 2 AQUARIUM DR CAMDEN NJ 08103 EDUCATION 113313 QUEENS ASSOCIATES LP 20609 86TH RD QUEENS VILLAGE NY 11427 REAL ESTATE 104782 5 31496414 31496414 2961 2961 MISCELLANEOUS 900099 131711 131711 131711 31631086 0 0 134672 447633 246982 200651 10285070 5653211 4631859 1363805 770681 593124 2374932 1342065 1032867 932052 526699 405353 172428 172428 830938 515495 315443 312430 312430 2153642 1344314 809328 5200759 5200759 364448 1048 363400 256388 101160 155228 9316 9316 848119 848119 118471 118471 BOOKS & MATERIALS 2524750 2524750 SPECIAL EDUCATION SERVI 1854618 1854618 REPAIRS AND MAINTENANCE 53484 53484 DUES AND FEES 26063 438 25625 17679 17679 30147025 20082220 10064805 0 3202646 4722550 5405725 5243997 843869 357015 8578549 2079795 5148451 6498754 29965 22399 14630656 16844715 4029377 4759375 4029377 4759375 X 10601279 12085340 10601279 12085340 14630656 16844715 1484061 0 X X 0 1 X 1 1 1 X 918892 918892 3948030 3948030 3711627 2079795 1631832 6498754 X 31631086 0 31631086 0 31631086 30147025 0 30147025 0 30147025 PART X, LINE 2: IN A LETTER DATED JANUARY 2003, THE INTERNAL REVENUE SERVICE DETERMINED THAT THE PENNSYLVANIA VIRTUAL CARTER SCHOOL, A NOT-FOR-PROFIT ORGANIZATION, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. IN ACCORDANCE WITH THE FASB ASC SECTION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE SCHOOL IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE SCHOOL'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE SCHOOL WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE SCHOOL'S TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATORY POLICY IS AVAILABLE TO ALL PARTS OF THE GENERAL COMMUNITY SERVED VIA THE ORGANIZATION'S WEBSITE, UNDER THE ENROLLMENT SECTION AT WWW.PAVCSK12.ORG. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION IS A STATE-CHARTERED, PUBLIC SCHOOL. AS SUCH, IT RECEIVES GRANTS AND SUBSIDIES AS GRANTEE OR SUB-GRANTEE FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES. X X 0 0 0 0 0 0 0 0 0 JOANNE BARNETT CEO 181127 0 21260 0 7539 0 26616 0 0 0 236542 0 0 0 JOSE PARRILLA CFO 144808 0 16800 0 6094 0 21317 0 12897 0 201916 0 0 0 KAHLILA LEE DEAN OF TEACHING 141050 0 7000 0 399 0 20681 0 17524 0 186654 0 0 0 DARLA POSNEY DEAN OF CURRICULUM & INSTR 112842 0 7025 0 2501 0 16545 0 12896 0 151809 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B NOT APPLICABLE - NO COMMITTEE EXISTS THAT CAN ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY AN OUTSIDE INDEPENDENT CPA FIRM BASED ON THE SCHOOL'S ANNUAL, INDEPENDENT AUDIT. THE 990 IS REVIEWED BY THE SCHOOL'S CFO PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL DISCLOSURE WITH THE STATE OF PENNSYLVANIA. THE GOVERNING BODY REVIEWS THESE FILINGS FOR EXISTENCE AND COMPLETENESS AND CONSIDERS ANY CONFLICT OF INTEREST IMPLICATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, ALONG WITH OUTSIDE COUNSEL, DETERMINE COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS. IN REGARDS TO OTHER KEY EMPLOYEES, THE HUMAN RESOURCE DEPARTMENT COMPLETES ANY NECESSARY COMPARABILITY STUDIES AND ISSUES EMPLOYMENT AGREEMENTS TO SUCH INDIVIDUALS, WHICH ARE SIGNED BY THE SCHOOL'S CFO. ALL EMPLOYMENT AGREEMENTS ARE DOCUMENTED AND DISCLOSED AT SCHOOL BOARD MEETINGS AS REQUIRED BY LAW. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. ADDITIONALLY, FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL REPORTS, ANNUAL AUDITS, BOARD OF TRUSTEE MINUTES, CHARTER DOCUMENTS, AND OPERATING BUDGETS ARE AVAILABLE ON IT'S WEBSITE. OTHER GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL REPORTING PROCESS.