Form 990 for tax year 2023
Filed by FRIENDS OF PHILADELPHIA YOUTHCHANGE CHARTER SCHOOL.
Totals
- Total revenue
- $143,126
- Total expenses
- $338,979
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $143,126
- Other revenue
- $0
- Total assets, end of year
- $26,338,291
- Total liabilities, end of year
- $26,259,599
- Net assets or fund balances, end of year
- $78,692
- Program services expenses (Part IX)
- $257,160
- Management and general expenses
- $64,345
- Fundraising expenses
- $17,474
- Program service expenses (Part III)
- $257,160
Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $143,126 · excluded $143,126
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $118,250 · program services $89,708 · management and general $22,446 · fundraising $6,096
-
20 · Interest
total $220,594 · program services $167,350 · management and general $41,873 · fundraising $11,371
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $135 · program services $102 · management and general $26 · fundraising $7
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $20,007,008 · end of year $6,903,286
-
10a · Land, buildings and equipment: cost or other basis
$19,435,005
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $4,817,005 · end of year $19,435,005
-
23 · Secured mortgages and notes payable
beginning of year $23,831,724 · end of year $23,847,545
-
25 · Other liabilities
beginning of year $717,744 · end of year $2,412,054
-
27 · Net assets without donor restrictions
beginning of year $274,545 · end of year $78,692
Mission and programs · 2023
Mission
THE CORPORATION'S MISSION IS TO SUPPORT THE HEALTH, WELFARE AND EDUCATIONAL INTERESTS OF PHILADELPHIA YOUTH FOR CHANGE CHARTER SCHOOL, D/B/A YOUTH BUILD PHILADELPHIA CHARTER SCHOOL (THE "SCHOOL"), A PENNSYLVANIA NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE")
-
FRIENDS OF PHILADELPHIA YOUTH FOR CHANGE OPERATES EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF PHILADELPHIA YOUTH FOR CHANGE CHARTER SCHOOL, INCLUDING RECEIVING CONTRIBUTIONS, OWN OR LEASE FACILITIES TO BE USED BY THE SCHOOL, AND OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE.
Expenses $257,160 · Revenue $143,126
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert TotaroROBERT TOTARO
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Martin BringhamMARTIN BRINGHAM
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr David E ThomasDR DAVID E THOMAS
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Jackson-SchmidtMELISSA JACKSON-SCHMIDT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
George JenkinsGEORGE JENKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530779349300313
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