2012-05-14T10:29:29-05:00 2011-06-30 MAILLIE FALCONIERO & COMPANY LLP PO BOX 680 OAKS PA 194560680 990 2010-07-01 412170569 AGORA CYBER CHARTER SCHOOL AGOR 8773624672 995 OLD EAGLE SCHOOL ROAD NO 315 WAYNE PA 19087 JAMES J STOLTZ IV 8773624672 2012-05-10 1 S MARK FUGA CPA 6109351420 2010 2016-02-24 21:20:13Z SHARON WILLIAMS 995 OLD EAGLE SCHOOL ROAD SUITE 315 WAYNE PA 19087 71097215 0 X WWW.AGORA.ORG X 2005 PA PUBLIC EDUCATION OF STUDENTS IN GRADES KINDERGARTEN THROUGH GRADE 12. 4 4 0 0 0 0 3303000 5027617 51878057 66039176 5922 30422 0 0 55186979 71097215 0 0 0 0 14636962 19279052 0 0 0 37537806 47471767 52174768 66750819 3012211 4346396 15723574 21427071 14223798 15580899 1499776 5846172 PUBLIC EDUCATION OF STUDENTS IN GRADES KINDERGARTEN THROUGH GRADE 12. 0 0 53262136 66039176 OPERATION OF PUBLIC SCHOOL CHARTERED BY THE COMMONWEALTH OF PENNSYLVANIA. DURING THE YEAR ENDING JUNE 30, 2011, THE SCHOOL SERVED MORE THAN 6,400 STUDENTS. 53262136 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 X X AGORA CYBER CHARTER SCHOOL 8773624672 995 OLD EAGLE SCHOOL ROAD WAYNE PA 19087 X TRAVIS GERY 2.00 X X 0 0 0 BONITA HARMON 2.00 X X 0 0 0 MARY STEFFEY 2.00 X X 0 0 0 JAMES J STOLTZ 2.00 X X 0 0 0 0 0 0 0 0 0 0 K12 MANAGEMENT INC 2300 CORPORATE PARK DRIVE HERNDON VA 20171 MANAGEMENT SERVICES 14976243 K12 VIRTUAL SCHOOLS LLC 2300 CORPORATE PARK DRIVE HERNDON VA 20171 SCHOOL MANAGMENT, MARKETING, TECH SUPPOR 3462704 THERAPY SOURCE INC 10119 VALLEY FORGE CIRCLE KING OF PRUSSIA PA 19406 THERAPY SERVICES FOR SPECIAL EDUCATION S 1502042 US HEALTHCARE SERVICES LLC 4578 OAKWOOD LANE NAZARETH PA 18064 SPECIAL EDUCATION SERVICES 188490 GLENN DENN ENTERPRISES 145 STEFFE BLVD SENECA PA 16346 SPECIAL EDUCATION SERVICES 176976 9 5027617 5027617 SCHOOL TUITION 900099 66039176 66039176 66039176 30422 30422 71097215 66039176 0 30422 14404696 13147939 1256757 749698 687136 62562 3022669 2739682 282987 1101989 1005817 96172 10522711 10522711 46619 46619 76688 76688 5073167 5041810 31357 212977 212977 5701203 5701203 605170 293083 312087 613555 542934 70621 370 370 181825 181825 74681 74681 EDUCATIONAL CURRICULUM/ 12477673 12477673 EDUCATIONAL MATERIALS 6873342 6873342 SPECIAL EDUCATION SERVI 3330008 3330008 TEACHER SUPPLIES 696042 696042 TELEPHONE/INTERNET 416962 315888 101074 568774 409579 159195 66750819 53262136 13488683 0 1872451 6992976 13715541 14164592 43287 22935 665619 471860 79491 193759 12804 52809 15723574 21427071 13846175 15175822 377623 405077 14223798 15580899 X 0 0 0 0 1499776 5846172 1499776 5846172 15723574 21427071 4346396 0 X 0 1 0 X 1 1 X 193694 729605 1887565 3303000 5027617 11141481 193694 729605 1887565 3303000 5027617 11141481 11141481 2223 5220 30422 37865 11179346 193382909 0.99660 0.99880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19273 1124 18149 243028 111430 131598 403318 359306 44012 193759 71097215 66750819 4346396 0 4346396 71097215 0 71097215 0 71097215 66750819 0 66750819 0 66750819 SEE SCHEDULE O SUPPLEMENTAL INFORMATION TO FORM 990 0 FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HIRED K12 INCORPORATED TO MANAGE THE DAILY OPERATIONS OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S GOVERNING BODY HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 IS K12 INCORPORATED IS PROVIDED WITH A DRAFT COPY OF FORM 990 TO REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S HEADQUARTERS AND COPIES MADE AVAILABLE UPON REQUEST. SCHEDULE L, PART I, EXCESS BENEFIT TRANSACTION BEGINNING IN 2009, THE ORGANIZATION WAS INVOLVED IN LITIGATION WITH THE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF EDUCATION BECAUSE THE DEPARTMENT OF EDUCATION ASSERTED WRONGDOING BY THE ORGANIZATION'S FOUNDER. IF THE DEPARTMENT OF EDUCATION'S ALLEGATIONS WERE TRUE, PORTIONS OF PAYMENTS FOR MANAGEMENT FEES AND RENT PAID BY THE ORGANIZATION TO THE CYNWYD GROUP, INC LIKELY WOULD HAVE BEEN EXCESS BENEFIT TRANSACTIONS WITHIN THE MEANING OF SECTION 4958 OF THE INTERNAL REVENUE CODE. THE LITIGATION WITH THE DEPARTMENT OF EDUCATION WAS SETTLED IN LATE 2009 WITHOUT ANY ADMISSION OF LIABILITY. FOLLOWING THE LITIGATION, THE ORGANIZATION'S ENTIRE BOARD OF TRUSTEES RESIGNED AND WAS REPLACED BY THE CURRENT MEMBERS OF THE BOARD OF TRUSTEES, WHO WERE NOT AFFILIATED WITH THE ORGANIZATION WHEN THE ORGANIZATION PAID CYNWYD GROUP, INC. THE ORGANIATION IS CURRENTLY UNDER AUDIT BY THE IRS AND THE REVENUE AGENT HAS IDENTIFIED THE PAYMENTS TO THE CYNWYD GROUP, INC AS POTENTIAL EXCESS BENEFIT TRANSACTIONS, BUT HAS NOT YET REACHED A DETERMINATION WITH RESPECT TO THE ISSUE AND HAS NOT PROPOSED ANY EXCISE TAXES.