2015-05-06T14:59:02-05:00 2014-06-30 232653765 ST CLAIR CPAS PC 28 S CENTRE STREET MERCHANTVILLE NJ 08109 990 2013-07-01 233060261 INDEPENDENCE CHARTER SCHOOL INDE 2152388000 1600 LOMBARD STREET PHILADELPHIA PA 19146 THOMAS SCHEID CEO 2152388000 2015-05-06 1 WILLIAM P ST CLAIR CPA P00886486 8564825600 2013 2016-02-25 16:41:14Z THOMAS SCHEID 1600 LOMBARD STREET PHILADELPHIA PA 19146 10004766 0 X WWW.INDEPENDENCECHARTER.ORG X 2001 PA THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES. 15 15 168 250 0 0 1377499 1763192 8104239 8186101 2313 5664 23733 22819 9507784 9977776 0 0 0 0 5873823 6468662 0 0 0 3158942 2993839 9032765 9462501 475019 515275 6419654 7010635 1271361 1347067 5148293 5663568 X THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES. 0 0 7143618 8204135 THE PRIMARY MISSION OF INDEPENDENCE CHARTER SCHOOL IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD. TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA - THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, AND COMMUNITIES, AND FAMILIES. 7143618 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 23 0 1 168 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X X SANTILLI THOMSON LLC 8565051300 13000 LINCOLN DRIVE WEST MARLTON NJ 08053 BRIGETTE DANIEL TRUSTEE 1.00 X 0 0 0 JOHN EAGEN TRUSTEE 1.00 X 0 0 0 MIKE BARSANTI VICE PRESIDENT 1.00 X 0 0 0 TRE JOHNSON TRUSTEE 1.00 X 0 0 0 GEORGE AWAD TRUSTEE 1.00 X 0 0 0 DANA TWYMAN TRUSTEE 1.00 X 0 0 0 NIRVA LAFORTUNE PARENT SEAT 1.00 X 0 0 0 SHEILA SIMMONS TRUSTEE 1.00 X 0 0 0 RICHARD DILWORTH TRUSTEE 1.00 X 0 0 0 BARBARA DUNDON TRUSTEE 1.00 X 0 0 0 KRISTA PFEIFFER TRUSTEE 1.00 X 0 0 0 CLAIRBORNE TAYLOR TRUSTEE 1.00 X 0 0 0 SUSANNA GREENBERG SECRETARY 1.00 X 0 0 0 DR REBECCA CLOTHEY TRUSTEE 1.00 X 0 0 0 ELSIE STERN PRESIDENT 1.00 X 0 0 0 GLORIA SHABAZZ TREASURER 1.00 X 0 0 0 THOMAS SCHEID CEO 40.00 X 119514 0 17502 RICHARD TRZASKA FORMER CEO 1.00 X 0 23125 0 119514 23125 17502 1 1 0 0 AETNA AETNA BUILDING 1 BLUE BELL PA 19422 INSURANCE 803315 LINTON'S MANAGED SERVICES 7979 STATE ROAD PHILADELPHIA PA 19136 PROFESSIONAL SERVICES 312608 PTS INC 525 FAYETTE STREET CONSHOHOCKEN PA 19428 PEDIATRIC THERAPEUTIC SERVICES 112258 3 966612 796580 1763192 SCHOOL DISTRICT REVENU 611110 8069938 8069938 FOOD SERVICE REVENUE 611110 116163 116163 8186101 2654 2654 30000 26990 3010 3010 3010 10449 0 10449 10449 MISCELLANEOUS REVENUE 900099 12370 12370 12370 9977776 8204135 0 10449 119514 119514 4307266 3392607 914659 741361 569968 171393 880356 677091 203265 420165 326400 93765 36112 36112 16138 16138 442879 153252 289627 1603 1603 195420 99817 95603 1511168 1384009 127159 51306 4413 46893 48738 43972 4766 97111 20205 76906 FOOD SERVICE EXPENSES 335298 335298 OTHER EXPENSES 106062 63640 42422 BOOKS & INSTRUCTIONAL 72946 72946 TELEPHONE 40321 40321 38737 38737 9462501 7143618 2318883 0 664612 729071 4978059 5618165 460413 554950 120575 79763 7412 12805 1724605 1708724 91610 15881 96973 0 6419654 7010635 105324 119622 70873 55885 1095164 1171560 1271361 1347067 X 5148293 5663568 5148293 5663568 6419654 7010635 515275 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1417559 1411451 6108 307046 297273 9773 15881 ACCRUED SALARIES AND BENEFITS 937372 DEFERRED RENT 155954 DUE TO STUDENT GROUPS 11950 DUE TO LOCAL SCHOOL DISTRICT 1106 DUE TO RELATED PARTIES 111 REFUND PAYABLE CITY OF PHILADELPHIA 65067 1171560 X 9977776 0 9977776 0 9977776 9462501 0 9462501 0 9462501 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 TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF JUNE 30, 2014, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WERE NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2011. 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 LAW PROHIBITS DISCRIMINATION SCHEDULE E, PART I, LINE 6 CHARTER SCHOOL RECEIVES VARIOUS REVENUES FROM LOCAL SCHOOL DISTRICTS AS WELL AS STATE AND FEDERAL AGENCIES. 1 0 0 0 0 0 0 0 0 0 THOMAS SCHEID CEO 119514 0 0 0 0 0 17502 0 0 0 137016 0 0 0 RICHARD TRZASKA FORMER CEO 0 23125 0 0 0 0 0 0 0 0 0 23125 0 0 FORM 990, PART VI, SECTION B, LINE 11 PAID PREPARER PRESENTS THE IRS FORM 990 TO THE BOARD OF TRUSTEES AND WALKS THEM THROUGH THE FORM AND ASKS THAT THEY REVIEW THE FORM IN DETAIL PRIOR TO SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON AN ANNUAL BASIS FOR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION HAS A COMMITTEE ON THE BOARD WHO REVIEWS AND EVALUATES THE COMPENSATION OF ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL'S AUDIT AND FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENT PRIOR TO IT BEING FINALIZED TO ENSURE IT IS COMPLETE AND FREE OF ERRORS. FORM 990, PART XII, LINE 2C: NO CHANGE IN PROCESS FROM PRIOR YEAR. WORLD OF OPPORTUNITY 1600 LOMBARD STREET PHILADELPHIA PA 19146 204487817 SUPPORT INDEPENDENCE CHARTER SCHOOL PA 501(C)(3) LINE 11A, I 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WORLD OF OPPORTUNITY K 1229992 RENTS PAID WORLD OF OPPORTUNITY D 110 LOAN BALANCE WORLD OF OPPORTUNITY D 16625000 LOAN GUARANTEE