Philadelphia School
- Assets
- $27.2m
- Revenue
- $15.2m
- Investments
- $2.5m
- Employees
- 169
- Location
- Philadelphia, PA
- Founding
- 05/1971
- Data as of
- 06/2022
- EIN
- 23-7091186
Organization Overview
Philadelphia School is located in Philadelphia, PA. The organization was established in 1971. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Philadelphia School employed 169 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Philadelphia School generated $15.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $13.8m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILADELPHIA SCHOOL EDUCATES CHILDREN FOR A FUTURE THAT IS IMPOSSIBLE TO KNOW BUT NOT IMPOSSIBLE TO SHAPE. LEARN HERE. GO ANYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION FOR STUDENTS FROM PRESCHOOL TO 8TH GRADE; 36 PRESCHOOL, 50 KINDERGARTEN, 102 PRIMARY UNIT (GRADES 1-2), 123 JUNIOR UNIT (GRADES 3-5), 96 MIDDLE SCHOOL (GRADES 6-8).THE PHILADELPHIA SCHOOL'S PROGRESSIVE APPROACH TO LEARNING AND TEACHING HAS DEEP THINKING, INNOVATION, AND AGENCY AS ITS GUIDING VALUES. WE ENCOURAGE CHILDREN TO EXPLORE AND PUSH THE BOUNDARIES OF POSSIBILITY TO FULFILL THEIR INTELLECTUAL, SOCIAL, AND CIVIC POTENTIAL. WE APPROACH LEARNING THROUGH INQUIRY, PROJECTS, AND COMMUNITY. CORE VALUES AND NEW RESEARCH INFORM THE SCHOOL'S PROGRAM AND PEDAGOGICAL PRACTICES. OUR INTERDISCIPLINARY, THEME-BASED APPROACH PREPARES STUDENTS TO BUILD A STRONGER AND MORE INCLUSIVE SCHOOL, COMMUNITY, AND SOCIETY FOR TODAY AND TOMORROW. AS AN URBAN PRESCHOOL-8TH GRADE SCHOOL, WE ADDRESS SPECIFICALLY HOW YOUNG STUDENTS DEVELOP INTELLECTUALLY, CREATIVELY, EMOTIONALLY, SOCIALLY, AND PHYSICALLY. THROUGH OUR COMMITMENT TO DIVERSITY, WE SEEK TO NURTURE EACH STUDENT'S MORAL COMPASS, SENSE OF PERSONAL INTEGRITY, AND RESPECT FOR INDIVIDUALITY. LEARNING IN THE CITY, COUNTRY, AND CLASSROOM AFFIRMS OUR FOUNDERS' GOAL OF EDUCATING CHILDREN TO BECOME RESPONSIBLE AND ACTIVE STEWARDS OF THE URBAN AND NATURAL ENVIRONMENTS.
AUXILIARY PROGRAMMING FOR STUDENTS INCLUDING, BUT NOT LIMITED TO MUSIC, CHESS, SPORTS, CLUBS, AND SUMMER CAMP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Sun Head Of School | Officer | 40 | $300,268 |
Carol Lerner Director Of Fin & Oper (thru Feb 22) | Officer | 40 | $157,860 |
Lisa Ketcham Director Of Development | 40 | $138,240 | |
Christine Reardon Division Director | 40 | $122,502 | |
Allison Kirshner Oz Director Of Learning Resources | 40 | $117,538 | |
Jeffrey Mordan Director Of Technology | 40 | $105,047 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Services Inc Cleaning Services | 6/29/22 | $659,864 |
Elliot Lewis Corporation Hvac Services | 6/29/22 | $298,642 |
Poplar Healthcare Llc Covid Testing Services | 6/29/22 | $225,235 |
Edu-tech Academic Solutions Technological Support | 6/29/22 | $117,979 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,455 |
| Related organizations | $0 |
| Government grants | $79,548 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,578,190 |
| Noncash contributions included in lines 1a–1f | $84,613 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,723,193 |
| Total Program Service Revenue | $12,261,917 |
| Investment income | $175,598 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $108,631 |
| Net Income from Fundraising Events | -$48,321 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,221,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,028,962 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $509,076 |
| Compensation of current officers, directors, key employees. | $281,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,470,301 |
| Pension plan accruals and contributions | $243,933 |
| Other employee benefits | $1,053,961 |
| Payroll taxes | $455,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,148 |
| Fees for services: Accounting | $41,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $258,008 |
| Advertising and promotion | $3,588 |
| Office expenses | $169,074 |
| Information technology | $364,069 |
| Royalties | $0 |
| Occupancy | $1,289,618 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $55,672 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $807,587 |
| Insurance | $151,851 |
| All other expenses | $137,132 |
| Total functional expenses | $13,753,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $362 |
| Savings and temporary cash investments | $2,955,633 |
| Pledges and grants receivable | $761,456 |
| Accounts receivable, net | $58,419 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200,995 |
| Net Land, buildings, and equipment | $15,832,285 |
| Investments—publicly traded securities | $4,944,302 |
| Investments—other securities | $2,469,387 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,222,839 |
| Accounts payable and accrued expenses | $1,001,901 |
| Grants payable | $0 |
| Deferred revenue | $740,327 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,757,809 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,820 |
| Total liabilities | $3,545,857 |
| Net assets without donor restrictions | $20,989,086 |
| Net assets with donor restrictions | $2,687,896 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,222,839 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Philadelphia School has recieved totaling $57,072.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $22,500 |
Downing Giving Foundation Philadelphia, PA PURPOSE: EDUCATES CHILDREN FOR A FUTURE THAT IS IMPOSSIBLE TO KNOW BUT NOT IMPOSSIBLE TO SHAPE. | $15,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
Forman Fam Foundation Tr 12112013 Philadelphia, PA PURPOSE: GENERAL SUPPORT | $5,000 |
Cannuscio Rader Family Foundation Philadelphia, PA PURPOSE: EDUCATING CHILDREN | $2,500 |
Nancy And Peter Thauer Family Charitable Foundation Ridgewood, NJ PURPOSE: SUPPORT THE PURPOSE OF THE ORGANIZATION'S MISSION. | $1,000 |
Endowment Analysis
| Beg. Balance | $1,800,975 |
| Earnings | -$260,359 |
| Net Contributions | $700 |
| Other Expense | $30,683 |
| Ending Balance | $1,510,633 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |
Lakewood Chedar School Lakewood, NJ | $43,735,740 | $33,402,068 |
Buckley School In The City Of New York New York, NY | $138,732,019 | $33,895,115 |
Bnos Bais Yaakov Of Far Rockaway Far Rockaway, NY | $26,507,044 | $28,668,399 |
City And Country School Inc New York, NY | $49,971,219 | $22,042,063 |
Golda Och Academy Inc West Orange, NJ | $16,688,223 | $21,390,950 |