2015-09-15T16:38:56-05:00 2014-12-31 420714325 MCGLADREY LLP 751 ARBOR WAY SUITE 200 BLUE BELL PA 19422 990 2014-01-01 273097212 THE PHILADELPHIA SCHOOLS PROJECT PHIL 4847858111 150 SOUTH INDEPENDENCE MALL WEST NO 1200 PHILADELPHIA PA 19106 MARK GLEASON EXECUTIVE DIRECTOR 4847858111 2015-09-15 1 CHRISTOPHER M PEKULA P00734965 2156418600 2015-09-15 2014 2016-04-25 22:37:26Z PHILADELPHIA SCHOOL PARTNERSHIP MARK GLEASON 150 SOUTH INDEPENDENCE MALL WEST NO 1200 PHILADELPHIA PA 19106 7993748 0 X WWW.PHILASCHOOLPARTNERSHIP.ORG X 2010 PA SEE SCHEDULE O 20 19 18 19 0 0 20526190 7228042 0 0 1036 822 1800 53526 20529026 7282390 10245186 12171790 0 0 1416800 1528897 15000 0 393185 2407870 3216890 14084856 16917577 6444170 -9635187 21539258 12864091 1469997 2430017 20069261 10434074 X SEE SCHEDULE O 0 0 11960035 11494290 51126 GREAT SCHOOLS FUND - INVESTMENTS:PSP HAS DEVELOPED A METHODOLOGY FOR IDENTIFYING, SELECTING AND MAKING GRANTS TO HIGH PERFORMING SCHOOLS AND SCHOOL OPERATORS. PSP DEVELOPED ITS MODEL BY STUDYING THE APPROACHES AND DUE DILIGENCE PROCESSES OF OTHER ORGANIZATIONS ACROSS THE COUNTRY DOING SIMILAR WORK. PSP'S MODEL CONSIDERS QUANTITATIVE ACADEMIC PERFORMANCE AND QUALITATIVE DATA ABOUT A SCHOOL'S OR OPERATOR'S MANAGEMENT TEAM, GOVERNANCE STRUCTURE, AND OPERATIONAL CAPACITY. THE ULTIMATE GOAL OF THE FUND IS TO DRAMATICALLY INCREASE THE NUMBER OF STUDENTS PREPARED TO SUCCEED IN COLLEGE AND THE WORK WORLD. WITHIN TEN YEARS, THE GREAT SCHOOLS FUND AIMS TO CREATE 35,000 SEATS IN HIGH-PERFORMING SCHOOLS.PSP MAKES GRANTS AND INVESTS IN LEADERS AND SCHOOLS THAT CAN DEMONSTRATE THEIR CAPACITY TO CREATE AND LEAD SCHOOLS THAT CAN PUT AND KEEP THE VAST MAJORITY OF STUDENTS ON A PATH TO POSTSECONDARY EDUCATION AND CAREER SUCCESS. PSP EVALUATES ALL OF ITS INVESTMENTS AND THE OVERALL FUND'S PERFORMANCE AGAINST A SET OF KEY STUDENT OUTCOMES THAT INDICATE WHETHER SCHOOLS ARE ON TRACK TO PREPARE STUDENTS FOR SUCCESS BEYOND GRADUATION. GENERALLY, PSP MAKES FOUR TYPES OF GRANTS:INCUBATION -- PSP SUPPORTS THE EARLIEST STAGES OF NEW SCHOOL IDEA DEVELOPMENT AND PLANNING. GRANT FUNDS SUPPORT THE COMPLETION OF A SCHOOL PLAN, DEVELOPMENT OF A BUSINESS PLAN, OR DRAFTING OF A CHARTER APPLICATION, FOR EXAMPLE. INCUBATION GRANTS MAY ALSO SUPPORT EARLY STAGE STARTUP ACTIVITIES.START-UP -- PSP SUPPORTS THE LAUNCH OF NEW SCHOOLS. GRANTS COVER COSTS ASSOCIATED WITH PLANNING AND STARTUP OF A NEW SCHOOL SUCH AS: FACILITY ACQUISITION/RENOVATION, HIRING, STAFF TRAINING, AND SCHOOL SUPPLIES. APPLICANTS SEEKING STARTUP FUNDS SHOULD HAVE A CONCRETE SCHOOL MODEL AND PLAN READY TO EXECUTE.GROWTH -- PSP SUPPORTS SCHOOL EXPANSIONS. GRANTS SUPPORT BUILDING THE LEADERSHIP AND OPERATIONAL CAPACITY OF EXISTING SUCCESSFUL SCHOOLS AND SCHOOL OPERATORS SO THEY CAN MANAGE GROWTH WHILE MAINTAINING HIGH ACADEMIC OUTCOMES. GRANTS ALSO SUPPORT THE OPENING OF NEW SCHOOLS OR THE EXPANSION OF EXISTING SCHOOLS. APPLICANTS SEEKING GROWTH FUNDS MUST ALREADY BE OPERATING A SUCCESSFUL SCHOOL(S).TURNAROUND -- PSP INVESTS IN THE TURNAROUND OF LOW PERFORMING SCHOOLS BY TALENTED TEAMS. TURNAROUND GRANTS ARE ONLY MADE TO INDIVIDUALS AND TEAMS WITH A STRONG TRACK RECORD OF SUCCESSFUL TURNAROUND OR WITH EXPERIENCE SUCCESSFULLY OPENING AN URBAN SCHOOL. DURING 2014, PSP AWARDED INCUBUATION, STARTUP, TURNAROUND AND GROWTH GRANTS TO EIGHTEEN OPERATORS THAT WERE MANAGING A TOTAL OF THIRTY-ONE SCHOOLS.PSP ALSO AWARDS SPECIAL PURPOSE GRANTS TO OTHER ORGANIZATIONS THAT MEET AND FALL WITHIN THE ORGANIZATION'S PROGRAM ACTIVITIES. AS WITH THE INVESTMENTS, PSP WORKS CLOSELY WITH EACH GRANTEE TO MONITOR PERFORMANCE AND TO OFFER SUPPORT TOWARD THE DESIRED OUTCOMES. DURING 2014, PSP AWARDED TEN SPECIAL PURPOSE GRANTS. FIVE OF THESE GRANTS WERE AWARDED TO VARIOUS SCHOOLS. EACH GRANT FUNDED CONSULTING AND OTHER EXPENSES RELATED TO THE SUBMISSION OF CHARTER APPLICATIONS. THE REMAINING FIVE GRANTS WERE AWARDED AS FOLLOWS:- TO ENGAGE IN PLANNING OF AN EDUCATIONAL COLLABORATION ZONE IN NORTH PHILADELPHIA- TO SUPPORT A RESEARCH PROJECT THAT WILL COMPARE TEACHER ATTENDANCE PATTERNS IN SCHOOL DISTRICTS IN 42 OF THE NATION'S LARGEST CITIES.- TO SUPPORT ITS AFFILIATE, PHILADELPHIA SCHOOL ADVOCACY PARTNERS, IN ORDER TO BUILD ITS ADMINISTRATIVE AND OPERATIONAL CAPACITY AND REFINE ITS STRATEGY AND GOALS DURING THE FIRST SIX MONTHS OF OPERATIONS- TO SUPPORT THE SCHOOL DISTRICT OF PHILADELPHIA'S PURCHASE OF A PRE-K LITERACY CURRICULUM- TO FUND THE IMPLEMENTATION OF AN ENVIRONMENTAL EDUCATION PROGRAM. 776716 PSP DEVELOPED AND NOW MAINTAINS A MULTIMEDIA INFORMATION RESOURCE THAT HELPS PARENTS AND GUARDIANS TO LEARN ABOUT SCHOOLS IN PHILADELPHIA.THE WEBSITE AND CORRESPONDING PRINT EDITION PROVIDES COMPREHENSIVE INFORMATION ON ALL K-12 SCHOOLS LOCATED IN THE CITY OF PHILADELPHIA, INCLUDING DISTRICT, PUBLIC CHARTER, PAROCHIAL AND PRIVATE SCHOOLS. DATA IS CULLED FROM EVERY AVAILABLE SOURCE, INCLUDING PUBLIC SOURCES AND TRUSTED PARTNERS, SUCH AS THE SCHOOL DISTRICT OF PHILADELPHIA, THE PENNSYLVANIA DEPARTMENT OF EDUCATION, AND THE ARCHDIOCESE OF PHILADELPHIA- OFFICE OF CATHOLIC EDUCATION. THE GOAL IS TO PRESENT RELEVANT, TIMELY, USER-FRIENDLY INFORMATION TO HELP PARENTS AND STUDENTS EVALUATE, COMPARE, AND DEMAND HIGH-QUALITY SCHOOL OPTIONS. IT ALSO FEATURES ADVICE AND ANSWERS TO FREQUENTLY ASKED QUESTIONS ON TOPICS SUCH AS CHARTER SCHOOLS, SCHOLARSHIPS, HIGH-SCHOOL APPLICATION PROCESS, INTERACTING WITH A STUDENT'S TEACHER, AND MUCH MORE. IT IS FREE TO USE AND DOES NOT ACCEPT ADVERTISING. THE PROJECT IS CONSISTENTLY CRITICALLY REVIEWED BY A DEVELOPING ADVISORY COUNCIL, WHICH INCLUDES PARENTS AND REPRESENTATIVES OF LOCAL EDUCATION RESEARCHERS, SCHOOL LEADERS, CIVIC GROUPS, AND FOUNDATIONS. 2520485 470000 TALENT AND COLLABORATION (FORMERLY KNOWN AS THE GREAT SCHOOLS COMPACT): PSP AIMS TO LEVERAGE BEST PRACTICES BY CONVENING LEADERS FROM ALL TYPES OF SCHOOLS AND FACILITATING COLLABORATION IN THE CREATION AND IMPLEMENTATION OF INITIATIVES TO ENABLE SCHOOLS TO OPERATE MORE EFFECTIVELY. MUCH OF PSP'S EFFORTS IN THIS ARENA RELATE TO THE RECRUITING AND TRAINING OF SCHOOL LEADERS AND TEACHERS. IN COLLABORATION WITH SCHOOL OPERATORS, PSP MANAGES SEVERAL PROJECTS FOCUSED ON DEVELOPING AND STRENGTHENING THE SKILLS OF SCHOOL LEADERS AND TEACHERS. IT ALSO MANAGES PROJECTS FOCUSED ON SIMPLIFYING THE PROCESS OF APPLYING TO SCHOOLS AND HELPING SCHOOLS TO SHARE SERVICES AND ACHIEVE COST SAVINGS THROUGH JOINT PURCHASING. 729372 207500 TO ENSURE THAT THE CONDITIONS EXIST IN PHILADELPHIA AND PENNSYLVANIA TO SUPPORT THE GROWTH AND IMPROVEMENT OF QUALITY SCHOOLS, THE ORGANIZATION OCCASIONALLY ADVOCATES IN SUPPORT OF EDUCATION-RELATED POLICIES. PSP'S ADVOCACY IS ALWAYS NONPARTISAN; IT DOES NOT SUPPORT OR ADVOCATE ON BEHALF OF CANDIDATES FOR ELECTED OFFICE. 729372 207500 15986608 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 26 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA X MARK GLEASON 4847858111 150 SOUTH INDEPENDENCE MALL WEST PHILADELPHIA PA 19106 MICHAEL G O'NEILL CHAIRMAN 2.00 X X 0 0 0 CHRIS BRAVACOS DIRECTOR 2.00 X 0 0 0 WINSTON CHURCHILL DIRECTOR 2.00 X 0 0 0 EVELYN M MCNIFF DIRECTOR 2.00 X 0 0 0 RICHARD BINSWANGER DIRECTOR 2.00 X 0 0 0 HELEN CUNNINGHAM SECRETARY 2.00 X X 0 0 0 REVEREND BONNIE CAMARDA DIRECTOR 2.00 X 0 0 0 JORDIE MAINE DIRECTOR 2.00 X 0 0 0 JOHN ANDERSON FRY DIRECTOR 2.00 X 0 0 0 JOHN GRIFFIN DIRECTOR 2.00 X 0 0 0 ROBERT HALL DIRECTOR 2.00 X 0 0 0 STEPHANIE NAIDOFF DIRECTOR 2.00 X 0 0 0 JOHN STINE TREASURER 2.00 X X 0 0 0 JANINE YASS DIRECTOR 2.00 X 0 0 0 MARK GLEASON EXECUTIVE DIRECTOR 40.00 7.00 X X 215661 14237 36520 HALLEE ADELMAN DIRECTOR 2.00 X 0 0 0 NICOLE PULLEN ROSS DIRECTOR 2.00 X 0 0 0 ROMONA RISCOE BENSON DIRECTOR 2.00 X 0 0 0 MICHELE KREISLER RUBENSTEIN DIRECTOR 2.00 X 0 0 0 NATALYE PAQUIN DIRECTOR 2.00 X 0 0 0 MICHAEL J WANG MANAGING DIRECTOR 40.00 12.50 X 173061 20287 7648 JESSICA PENA DIRECTOR, GREAT SCHOOLS FUND 40.00 1.00 X 136946 1703 14410 MILES H WILSON DIRECTOR, TALENT AND COLLABORATION 40.00 X 149127 0 5178 674795 36227 63756 4 0 1 0 THE NEW TEACHER PROJECT INC 186 JORALEMON STREET STE 300 BROOKLYN NY 11201 PROGRAM DEVELOPMENT CONSULTING 1143480 THE ACHIEVEMENT NETWORK LTD 225 FRIEND ST SUITE 704 BOSTON MA 02114 EDUCATION CONSULTANTS 258750 SR WOJDAK & ASSOC LP 200 SOUTH BROAD STREET STE 850 PHILADELPHIA PA 19102 LOBBYING 162500 STRADLEY RONON STEVENS AND YOUNG LLP 2005 MARKET STREET STE 2600 PHILADELPHIA PA 19103 LOBBYING 158021 PUBLIC IMPACT 504 DOGWOOD DRIVE CHAPEL HILL NC 27516 EDUCATION AND EDUCATION POLICY CONSULTAN 131300 5 7228042 921767 7228042 2728 2728 2400 0 2400 2400 2400 709452 711358 -1906 -1906 -1906 MISCELLANEOUS INCOME 900099 51126 51126 51126 7282390 51126 0 3222 X 12171790 12171790 464774 89853 208478 166443 863451 734174 12030 117247 30432 16865 7066 6501 77065 42709 17893 16463 93175 51637 21633 19905 62800 16950 45850 67082 67082 372180 372180 1988292 1976619 11673 416945 361785 29219 25941 18011 8319 4569 5123 41881 3972 37289 620 66300 38895 13242 14163 56825 38846 12626 5353 32952 13634 16806 2512 62209 43765 8684 9760 15919 4615 9525 1779 DUES AND SUBSCRIPTIONS 15494 14119 1375 16917577 15986608 537784 393185 12859488 5730698 1611758 2323918 6940549 4135662 17452 39894 141186 105097 74568 36089 560050 35443 37780 21539258 12864091 553947 466030 916050 1963987 1469997 2430017 X 12168627 5119454 7900634 5314620 20069261 10434074 21539258 12864091 -9635187 0 X 0 1 X 1 0 X 650100 3618500 19366228 20526190 7228042 51389060 650100 3618500 19366228 20526190 7228042 51389060 30385419 21003641 349 4660 5128 10137 51126 51126 51450323 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 39280 1 39280 1 207500 1 306556 0 0 592616 0 57995 43170 14825 46473 34595 11878 36718 27332 9386 36089 X 7283863 1473 1473 7282390 0 7282390 16919050 1473 1473 16917577 0 16917577 PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011. 1 MASTERY CHARTER HIGH SCHOOL 5700 WAYNE AVE PHILADELPHIA PA 19144 233060542 501(C)(3) 1269000 START-UP AND GROWTH GRANTS FOR SEVEN SCHOOLS SCHOOL DISTRICT OF PHILADELPHIA 440 N BROAD STREET PHILADELPHIA PA 19130 236004102 513403 GRANT FOR WILLIAM D. KELLEY ELEMENTARY SCHOOL SCHOOL DISTRICT OF PHILADELPHIA 440 N BROAD STREET PHILADELPHIA PA 19130 236004102 705185 GRANT FOR JAMES G. BLAINE ELEMENTARY SCHOOL BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL CHARTER SCHOOL 5501 CEDAR AVENUE PHILADELPHIA PA 19143 203597185 501(C)(3) 600000 EXPANSION OF SCHOOL CRISTO REY PHILADELPHIA HIGH SCHOOL 5218 N BROAD STREET PHILADELPHIA PA 19141 273106321 501(C)(3) 325000 START-UP INVESTMENT GRANT FOR HIGH SCHOOL ESPERANZA ACADEMY CHARTER SCHOOL 4261 N 5TH STREET PHILADELPHIA PA 19140 232853988 501(C)(3) 820000 START-UP GRANT FOR MIDDLE SCHOOL KIPP PHILADELPHIA CHARTER SCHOOL 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 050546103 501(C)(3) 780000 EXPANSION OF SCHOOL AMERICAN PARADIGM SCHOOLS 200 SOUTH BROAD STREET PHILADELPHIA PA 19102 452581672 501(C)(3) 1500000 GROWTH GRANT FOR FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL SCHOOL DISTRICT OF PHILADELPHIA 440 N BROAD STREET PHILADELPHIA PA 19130 236004102 781908 GROWTH GRANTS FOR THE WORKSHOP SCHOOL, SCIENCE LEADERSHIP ACADEMY AND HILL FREEDMAN HIGH SCHOOL WISSAHICKON CHARTER SCHOOL 4700 G WISSAHICKON AVENUE C/O KRISTINA LITTELL PHILADELPHIA PA 19144 020534735 501(C)(3) 800000 OPENING OF A SECOND K TO 8 SCHOOL INQUIRY SCHOOLS INC 2328 ASPEN ST PHILADELPHIA PA 19130 462735104 501(C)(3) 729699 GROWTH GRANT FOR SCIENCE LEADERSHIP ACADEMY FREIRE CHARTER SCHOOL 2027 CHESTNUT ST PHILADELPHIA PA 19103 233001981 501(C)(3) 246000 GROWTH GRANT FOR SCHOOL PROJECT BASED LEARNING INC 318 MERION AVE NARBERTH PA 19072 270139226 501(C)(3) 861500 SUPPORT OPENING OF THE WORKSHOP SCHOOL FRIENDS OF GW CARVER HIGH SCHOOL OF ENGINEERING AND SCIENCE 1600 W NORRIS ST PHILADELPHIA PA 19121 465502849 501(C)(3) 29150 SCHOOL INCUBATION GRANT INDEPENDENCE CHARTER SCHOOL 1600 LOMBARD STREET PHILADELPHIA PA 19146 233060261 501(C)(3) 68600 EXPANSION OF SCHOOL INDEPENDENCE MISSION SCHOOLS 724 WEST LANCASTER AVENUE SUITE 210 210 WAYNE PA 19087 454720688 501(C)(3) 390000 GROWTH AND TURNAROUND GRANTS FOR THREE CATHOLIC SCHOOLS NEW VENTURE FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 205806345 501(C)(3) 194600 STARTUP OF A NEW 500 STUDENT PHILADELPHIA PUBLIC HIGH SCHOOL LIGUORI ACADEMY 2000 MARKET STREET SUITE 1440 PHILADELPHIA PA 19103 461869437 501(C)(3) 25000 FEASIBILITY STUDY NEW FOUNDATIONS CHARTER SCHOOL 8001 TORRESDALE AVENUE PHILADELPHIA PA 19136 233040993 501(C)(3) 500000 SCHOOL GROWTH THE CITY SCHOOL 4115 BALTIMORE AVENUE PHILADELPHIA PA 19104 232073123 501(C)(3) 56700 STRATEGIC GROWTH PLAN BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL CHARTER SCHOOL 5501 CEDAR AVENUE PHILADELPHIA PA 19143 203597185 501(C)(3) 24868 SUPPORT PLANNING AND DEVELOPMENT OF NEW-SCHOOL APPLICATION SCHOOL DISTRICT OF PHILADELPHIA 440 N BROAD STREET PHILADELPHIA PA 19130 236004102 60000 LITERACY DEVELOPMENT CONGRESO DE LATINOS UNIDOS INC 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 232051143 501(C)(3) 88000 NORTH PHILADELPHIA EDUCATION COMPACT ESPERANZA ACADEMY CHARTER SCHOOL 4261 N 5TH STREET PHILADELPHIA PA 19140 232853988 501(C)(3) 15820 SUPPORT PLANNING AND DEVELOPMENT OF NEW-SCHOOL APPLICATION FREIRE CHARTER SCHOOL 2027 CHESTNUT ST PHILADELPHIA PA 19103 233001981 501(C)(3) 42664 SUPPORT PLANNING AND DEVELOPMENT OF NEW-SCHOOL APPLICATION KIPP PHILADELPHIA CHARTER SCHOOL 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 050546103 501(C)(3) 34113 SUPPORT PLANNING AND DEVELOPMENT OF NEW-SCHOOL APPLICATION NATIONAL COUNCIL ON TEACHER QUALITY 1420 NEW YORK AVENUE NW SUITE 800 WASHINGTON DC 20005 043536571 501(C)(3) 8000 RESEARCH PROJECT NEW FOUNDATIONS CHARTER SCHOOL 8001 TORRESDALE AVENUE PHILADELPHIA PA 19136 233040993 501(C)(3) 21580 SUPPORT PLANNING AND DEVELOPMENT OF NEW-SCHOOL APPLICATION PHILADELPHIA SCHOOL ADVOCACY PROJECT 150 SOUTH INDEPENDENCE MALL WEST STE 1200 PHILADELPHIA PA 19106 471030443 501(C)(4) 207500 ADMINISTRATIVE AND OPERATIONAL CAPACITY, ADVOCACY, AND LOBBYING WISSAHICKON CHARTER SCHOOL 4700 G WISSAHICKON AVENUE C/O KRISTINA LITTELL PHILADELPHIA PA 19144 020534735 501(C)(3) 3500 TECHNICAL ASSISTANCE: ENVIRONMENTAL EDUCATION SCHOOL DISTRICT OF PHILADELPHIA 440 N BROAD STREET PHILADELPHIA PA 19130 236004102 108000 IMPLEMENTATION OF TEACHER COACHING MODEL MASTERY CHARTER HIGH SCHOOL 5700 WAYNE AVE PHILADELPHIA PA 19144 233060542 501(C)(3) 250000 IMPLEMENTATION OF TEACHER COACHING MODEL KIPP PHILADELPHIA CHARTER SCHOOL 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 050546103 501(C)(3) 112000 EMERGING LEADERS PROGRAM 28 5 PART I, LINE 2: APPLICANTS SELECTED FOR INVESTMENT WILL ENTER INTO AN AGREEMENT WITH PSP THAT SETS FORTH GOALS AND PERFORMANCE BENCHMARKS TIED TO GRANT DISBURSEMENT. PSP WILL WORK CLOSELY WITH APPLICANTS TO PROVIDE SUPPORT AND ADDRESS CHALLENGES TO ENSURE THAT GOALS AND BENCHMARKS ARE MET. 1 X X 0 0 0 0 0 0 0 1 0 MARK GLEASON EXECUTIVE DIRECTOR 185763 14237 27750 0 2148 0 9110 2640 24770 0 249541 16877 0 0 MICHAEL J WANG MANAGING DIRECTOR 146463 20287 24450 0 2148 0 6064 1584 0 0 179125 21871 0 0 JESSICA PENA DIRECTOR, GREAT SCHOOLS FUND 127942 1703 7000 0 2004 0 4861 333 9216 0 151023 2036 0 0 MILES H WILSON DIRECTOR, TALENT AND COLLABORATION 134979 0 12000 0 2148 0 5178 0 0 0 154305 0 0 0 PART I, LINE 7 SENIOR MANAGERS OF PSP ARE ELIGIBLE FOR NON-FIXED BONUSES. IN THE CASE OF THE EXECUTIVE DIRECTOR, THE BONUS AMOUNT IS DETERMINED BY THE BOARD. IN THE CASE OF OTHER SENIOR MANAGERS, BONUS AMOUNTS ARE DETERMINED BY THE EXECUTIVE DIRECTOR (AND IN SOME CASES, DEPENDING ON THE BASE SALARY OF THE MANAGER, APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD). BONUS AMOUNTS ARE BASED PRIMARILY ON ASSESSMENT OF INDIVIDUAL PERFORMANCE, AND SECONDARILY ON THE ORGANIZATION'S SUCCESS IN ACHIEVING GOALS FOR THE PRIOR YEAR. IN ADDITION, OTHER STAFF OCCASIONALLY RECEIVE YEAR-END BONUSES BASED ON INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE. YEAR-END BONUS AMOUNTS ARE DETERMINED BY AN EMPLOYEE'S DIRECT SUPERVISOR AND THE EXECUTIVE DIRECTOR. COLLECTIVELY, NOT INCLUDING THE SENIOR BONUS AMOUNTS LISTED ON SCHEDULE J, PART II, PSP PAID A TOTAL OF $14,500 IN OTHER STAFF BONUSES AT THE END OF 2014. X 6 921767 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: PSP MAINTAINS ONE BROKERAGE ACCOUNT WITH AN UNRELATED THIRD PARTY. DONORS ARE INSTRUCTED TO TRANSFER ANY GIFTS OF STOCK TO THIS ACCOUNT. UPON RECEIPT, THE BROKER IS INSTRUCTED TO LIQUIDATE THE SECURITIES AS SOON AS POSSIBLE. SALES OF STOCK OCCUR NO LATER THAN ONE WEEK FROM BEING RECEIVED BY THE DONOR. PROCEEDS FROM EACH SALE ARE DEPOSITED INTO A MONEY MARKET FUND MAINTAINED BY THE BROKER. PERIODICALLY, PSP WILL TRANSFER FUNDS FROM THE MONEY MARKET ACCOUNT TO ITS OPERATING ACCOUNT. FORM 990, PART I, LINE 1 PHILADELPHIA SCHOOL PARTNERSHIP (PSP) AIMS TO IMPROVE PHILADELPHIA'S SCHOOLS SO THAT ALL CHILDREN HAVE ACCESS TO QUALITY EDUCATION AND ARE WELL POSITIONED TO SUCCEED IN LIFE, BOTH WHILE IN SCHOOL (INCLUDING HIGHER EDUCATION) AND AFTER SCHOOL. OUR MISSION IS TO "CREATE AND EXPAND GREAT SCHOOLS IN OUR CITY." WE INVEST IN THE START-UP AND GROWTH OF HIGH PERFORMING PUBLIC AND PRIVATE SCHOOLS IN PHILADELPHIA. FORM 990, PART III, LINE 1, DESCRIPTION OF MISSION: PSP'S MISSION IS TO ENSURE EVERY CHILD IN PHILADELPHIA ATTENDS A GREAT SCHOOL AND GRADUATES FROM HIGH SCHOOL PREPARED FOR COLLEGE OR THE WORKPLACE. WE DO THIS BY INCREASING THE NUMBER OF HIGH PERFORMING CHARTER, DISTRICT, AND PRIVATE SCHOOLS IN PHILADELPHIA. WE RAISE PHILANTHROPIC FUNDS AND INVEST THOSE FUNDS IN SCHOOL OPERATORS AND PEOPLE THAT HAVE THE ABILITY TO CREATE AND MAINTAIN GREAT SCHOOLS ACROSS PHILADELPHIA. ALSO, WE ACTIVATE PARENTS TO DEMAND GREAT SCHOOLS IN THEIR COMMUNITIES AND FACILITATE THE SHARING OF BEST PRACTICES AMONG SCHOOL LEADERS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS ENGAGED OUR INDEPENDENT ACCOUNTANTS MCGLADREY LLP TO PREPARE FORM 990 IN ACCORDANCE WITH OUR AUDITED FINANCIAL STATEMENTS. THE COMPLETED FORM IS REVIEWED BY PSP'S EXECUTIVE DIRECTOR AND SHARED WITH PSP'S BOARD EXECUTIVE COMMITTEE FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C PSP ADOPTED A CONFLICT OF INTEREST POLICY IN SEPTEMBER, 2010. PSP BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE CONFLICTS ON AN ANNUAL BASIS USING A DISCLOSURE FORM THAT HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. THE BOARD'S NOMINATING COMMITTEE REVIEWS THE DISCLOSURES TO ENSURE THAT (A) THERE ARE NO CONFLICTS, OR (B) ANY BOARD-MEMBER OR OFFICER INTERESTS WHICH CREATE THE POTENTIAL FOR CONFLICTS HAVE BEEN PROPERLY NOTED, AND THAT CARE HAS BEEN TAKEN BY THE BOARD TO FOLLOW THE PROCEDURES OUTLINED IN THE BOARD'S CONFLICT OF INTEREST POLICY TO ENSURE THAT THE INTEREST(S) IN QUESTION DO NOT INFLUENCE BOARD OR MANAGEMENT DECISIONS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A DIRECTOR OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM SUCH MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR APPLICABLE COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS FORMED A COMPENSATION COMMITTEE, WHICH MEETS ONE OR MORE TIMES PER YEAR TO REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. BASE COMPENSATION, AS WELL AS RAISES AND BONUSES, IS DETERMINED BY THREE PRIMARY FACTORS: THE BUDGET OF THE ORGANIZATION; A REVIEW OF COMPENSATION PAID IN OTHER SIMILAR NONPROFIT INSTITUTIONS, BOTH LOCAL AND NATIONAL, FOR COMPARABLE POSITIONS; AND THE PERFORMANCE OF THE OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES WILL BE AVAILABLE UPON REQUEST. REQUESTS WILL BE HONORED WITHIN TEN (10) BUSINESS DAYS AT NO COST TO THE REQUESTER. FORM 990, PART IX, LINE 11G OTHER MISCELLANEOUS (SEE EXPANDED DESCRIPTION BELOW): PROGRAM SERVICE EXPENSES 1,976,619. MANAGEMENT AND GENERAL EXPENSES 11,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,988,292. FORM 990, PART IX, LINE 11G, OTHER FEES DESCRIPTION: THIS LINE INCLUDES $1,205,395 OF COSTS INCURRED BY THE NEW TEACHER PROJECT, INC (TNTP). THE COMPANY PROVIDES SERVICES UNDER PSP'S TALENT AND COLLABORATION PROGRAM AND OFFERS TRAINING AND LEADERSHIP DEVELOPMENT TO PRINCIPALS AND OTHER SCHOOL LEADERS. OTHER COSTS ON THIS LINE INCLUDE COSTS INCURRED FOR MARKETING, PUBLIC RELATIONS, PARENT ORGANIZING, ADVOCACY, TECHNOLOGY CONSULTING AND DATA RESEARCH. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PHILADELPHIA SCHOOL ADVOCACY PROJECT 150 SOUTH INDEPENDENCE MALL WEST SU PHILADELPHIA PA 19106 473097212 PROMOTE SOCIAL WELFARE PA 501(C)(4) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0