2013-02-09T09:24:31-06:00 2012-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 200 SPRINGER BLDG 3411 SILVERSIDE R WILMINGTON DE 198104866 990 2011-07-01 233075231 PENNSYLVANIA VIRTUAL CHARTER SCHOOL PENN 6102758500 ONE WEST MAIN STREET NO 400 NORRISTOWN PA 19401 JOSE PARRILLA 6102758500 2013-02-09 FRANK T DEFRODA CPA P01541069 3024788940 2013-01-30 2011 2016-02-25 16:41:14Z JOANNE BARNETT ONE WEST MAIN STREET NO 400 NORRISTOWN PA 19401 38394301 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. 7 7 262 27 0 0 38020867 38356772 0 0 10520 6437 49106 31092 38080493 38394301 0 0 0 0 17307510 17006269 0 0 0 20089967 21102032 37397477 38108301 683016 286000 16125695 15119828 3982877 2691009 12142818 12428819 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 24553116 DURING THE 2012 SCHOOL YEAR, THE ORGANIZATION'S ELEVENTH YEAR OF OPERATION, PAVCS BILLED FOR 4,305 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 428 OF THE 501 SCHOOL DISTRICTS IN THE COMMONWEALTH. THE SCHOOL'S FTE FOR THIS YEAR TOTALED 2,943.82 FOR REGULAR EDUCATION AND 474.38 FOR SPECIAL EDUCATION. 773654 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. 504192 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. 130280 TITLE II (IMPROVING TEACHER QUALITY), SCHOOL IMPROVEMENT, & NON-INSTRUCTIONAL SERVICES 130280 25961242 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 0 1 72 0 1 262 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 1 1 0 PA X X JOSE PARRILLA 6102758500 ONE WEST MAIN STREET SUITE 400 NORRISTOWN PA 19401 BONNIE SCHAEFER 0.50 X 0 0 0 JOHN MCELVENNY 0.50 X 0 0 0 MARK GRAHAM 0.50 X 0 0 0 MIKE KELLO 1.00 X X 0 0 0 RHONDA WASKIEWICS 0.50 X X 0 0 0 MELINDA MORRISON 0.50 X X 0 0 0 BETHANY J WELCH 0.50 X 0 0 0 JOANNE BARNETT 40.00 X 200907 0 12149 JOSE PARRILLA 40.00 X 162668 0 9505 JOSEPH BRADLEY 40.00 X 108391 0 7002 DARLA POSNEY 40.00 X 117683 0 7680 ADRIENNE SCURRY 40.00 X 138348 0 8730 JASON E BILLUPS 40.00 X 106895 0 6911 DIANA PERNEY 40.00 X 106408 0 6845 EILEEN CANNISTRACI 40.00 X 104238 0 6845 T CHRIS GILLIGAN 40.00 X 104853 0 6845 1150391 0 72512 9 0 1 0 0 38356772 38356772 6437 6437 MISCELLANEOUS 900099 31092 31092 31092 38394301 0 0 37529 459396 459396 11642292 6705080 4937212 947746 567787 379959 3022124 1760018 1262106 934711 544355 390356 345850 345850 964647 815634 149013 588743 1672 587071 2784627 1963048 821579 6578640 6578640 556377 5950 550427 452188 184987 267201 49726 49726 1692349 1692349 217194 217194 SPECIAL EDUCATION SERVI 3480891 3480891 0 BOOKS & MATERIALS 3344631 3344372 259 DUES AND FEES 41431 8808 32623 REPAIRS AND MAINTENANCE 3994 0 3994 744 744 38108301 25961242 12147059 0 7104704 2941909 6666367 7582847 335105 1409924 8098902 4932074 2008019 3166828 11500 18320 16125695 15119828 3982877 2691009 3982877 2691009 X 12142818 12428819 12142818 12428819 16125695 15119828 286000 0 X 0 1 1 X 1 1 X 918892 918892 1946457 53729 1892728 5200971 4878345 322626 32582 32582 3166828 38394301 38108301 286000 286000 38394301 0 38394301 0 38394301 38108300 0 38108300 0 38108300 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 169505 0 28390 0 3012 0 0 0 0 0 200907 0 0 0 JOSE PARRILLA 132500 0 22100 0 8068 0 0 0 0 0 162668 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.