2024-02-29T08:53:26-05:00 2023-06-30 471352305 O'CONNELL & COMPANY LLC 165 TOWNSHIP LINE RD STE 1100 JENKINTOWN PA 19046 990 2022-07-01 454720688 INDEPENDENCE MISSION SCHOOLS INDE 6102005100 1012 W THOMPSON STREET PHILADELPHIA PA 19122 GIANNA D'ANGELO COO AND CFO 6102005100 2024-02-29 true GIANNA DANGELO 999009999 true TERENCE M O'CONNELL P01436232 2158874425 2024-02-29 2022 2023-04-26 12:10:37Z GIANNA D'ANGELO C/O 1012 W THOMPSON STREET PHILADELPHIA PA 19122 46935595 false X WWW.INDEPENDENCEMISSIONSCHOOLS.ORG X 2012 PA INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 4,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. 22 19 571 22 0 25889105 36533790 12137051 9942846 5638 5622 144175 394304 38175969 46876562 2421665 920615 0 21414752 23434264 26200 1307567 7890548 8604213 31726965 32985292 6449004 13891270 39191945 51632215 7433846 5334301 31758099 46297914 X INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 4,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. false false 28686012 920615 9942846 IMS IS ENTERING ITS 10TH YEAR OF OPERATION AND IS MIDWAY THROUGH THE SECOND YEAR OF THE STRATEGIC PLAN. THE POST-PANDEMIC RECOVERY IS UNDERWAY AS INDICATED BY STABILIZED ENROLLMENT MEASURED BY RETENTION OF RETURNING STUDENTS AS WELL AS NET NEW STUDENTS. IMS CONTINUES TO OUTPERFORM BOTH NATIONAL AND HIGH-POVERTY LEARNING GROWTH STATISTICS IN BOTH ENGLISH LANGUAGE ARTS AND MATH. THESE RESULTS SUPPORT OUR STRATEGIC PLAN GOAL OF IMPROVING STUDENT ACADEMIC OUTCOMES. IN ADDITION, DONORS CONTINUE TO PROVIDE POSITIVE SUPPORT OF THE IMS STRATEGIC PLAN. 28686012 true true false true false false false false false true true false false true false true true false false false false false false true true false false false true true true false false false false false false false true false true true false false false false false false false false true 70 0 571 true false false false false false false false false false false false false false false X 22 19 true false false false false false false true true false false true true true true true false true false false PA X GIANNA D'ANGELO 6102005100 C/O 1012 W THOMPSON STREET PHILADELPHIA PA 19122 BRUCE ROBINSON CEO AND PRES 40.00 X 275554 0 23652 GIANNA D'ANGELO COO AND CFO 40.00 X 255000 0 1287 JILL VALUNAS CHIEF OF SCH 40.00 X 193846 0 5728 MICHELLE BROWN CHIEF DEVEL. 40.00 X 145754 0 15560 BRIAN KENNETH MORTON DEP. CHIEF O 40.00 X 121216 0 16739 COURTNEY LEMON-TATE DIR SCHOOL L 40.00 X 109560 0 0 PATRICK BOYDEN DEPUTY COO 40.00 X 103654 0 0 DANIEL TAHANEY CHIEF ACAD. 40.00 X 101500 0 0 CYNTHIA ARCHER BOARD MEMBER 0.20 X 0 0 0 ANTHONY CELLUCCI BOARD MEMBER 1.40 X 0 0 0 BILL CURTIS BOARD MEMBER 0.70 X 0 0 0 FR STEVE DELACY BOARD MEMBER 0.20 X 0 0 0 SR KAREN C DIETRICH BOARD MEMBER 0.20 X 0 0 0 TOM DOUGHERTY BOARD MEMBER 0.20 X 0 0 0 HAROLD EARLEY BOARD MEMBER 0.20 X 0 0 0 JOHN FIGGE BOARD MEMBER 0.20 X 0 0 0 BISHOP MICHAEL J FITZGERALD BOARD MEMBER 0.20 X 0 0 0 KATHLEEN FRIEL TREASURER 3.70 X X 0 0 0 DAVID P HARDY BOARD MEMBER 0.20 X 0 0 0 LORIE HOWLEY EMERITUS DIR 0.10 X 0 0 0 MICHAEL S JACKSON BOARD MEMBER 0.70 X 0 0 0 SEAN-TAMBA MATTHEW BOARD MEMBER 0.20 X 0 0 0 BRIAN MCELWEE CHAIR 4.30 X X 0 0 0 MARIS A OGG BOARD MEMBER 1.40 0.60 X 0 0 0 KEN PHELAN VICE CHAIR 1.40 0.40 X X 0 0 0 DANIEL PICKENS BOARD MEMBER 0.70 X 0 0 0 MICHAEL PIOTROWICZ BOARD MEMBER 2.30 0.40 X 0 0 0 MARC S RICHMAN BOARD MEMBER 1.20 X 0 0 0 JOSEPH T STAPLETON SECRETARY 3.90 1.90 X X 0 0 0 MICHAEL STEPHANO BOARD MEMBER 0.20 X 0 0 0 GERARD H SWEENEY EMERITUS DIR 0.10 X 0 0 0 MICHAEL F YOUNG BOARD MEMBER 1.40 X 0 0 0 1306084 62966 9 false true false JT MILLER INC 8511 WEST CHESTER PIKE UPPER DARBY PA 19082 PLUMBING 436138 TADS 110 N 5TH STREET 2ND FLOOR MINNEAPOLIS MN 55403 TUITION MGMT 364636 NATIONAL MAINTEN AND BUILD OUT CO 1044 PULINSKI ROAD IVYLAND PA 18974 CONSTRUCTION 356660 VALLEY FORGE INVESTMENT CORP 120 S WARNER ROAD STE 200 KING OF PRUSSIA PA 19406 INVESTMENT ADV 281536 OPEN UP RESOURCES DEPT LA 24903 PASADENA CA 91185 CURRICULUM PROV 241740 29 8074205 28459585 667342 36533790 TUITION 611600 9086345 9086345 OTHER SCHOOL INCOME 611600 856501 856501 9942846 5622 5622 149777 59033 90744 90744 RISK ASSESSMENT INCOME 900099 275000 275000 RENT 28560 28560 303560 46876562 10246406 96366 920615 920615 695265 355026 170973 169266 19079237 16692603 1817571 569063 374966 318721 48746 7499 1635059 1456262 162983 15814 1649737 1479399 156067 14271 47334 47334 55000 55000 26200 26200 143227 42968 50130 50129 165546 372 372 164802 191929 168064 23865 877913 862981 14932 63704 63704 1205779 1205779 381241 330212 50387 642 SUPPLIES/ACTIVITIES/EQUIP 2743423 2318141 135401 289881 REPAIRS AND MAINTENANCE 1639393 1639393 TUITION MANAGEMENT FEES 310433 310433 RISK ASSESSMENT 302246 275044 27202 477045 309999 167046 32985292 28686012 2991713 1307567 4350600 821138 6955586 2912581 14907150 10129643 302530 517723 15666743 5134168 9795893 10532575 171664 214977 2708522 26503578 39191945 51632215 3369402 3353210 5331 16926 2044113 1964165 2000000 15000 7433846 5334301 X 15986410 23135225 15771689 23162689 31758099 46297914 39191945 51632215 13891270 648545 X false true X true false X 20791565 17464694 21572407 25889105 36533790 122251561 20791565 17464694 21572407 25889105 36533790 122251561 122251561 20762 9476 8585 5638 5622 50083 395844 261616 73971 164362 149777 1045570 123347214 58630184 0.99110 0.98480 X PART II, LINE 10 OTHER INCOME 895,793 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false false false 224051 224051 7591050 1126326 6464724 4311281 1027397 3283884 3410267 2903072 507195 130094 77373 52721 10532575 FUNDS HELD BY OTHERS 23210538 BENEFICIAL INTEREST IN ASSETS OF OTH 2603888 PREPAID EXPENSES 689152 26503578 X 46604492 648545 -920615 -272070 46876562 46876562 32064677 32064677 920615 920615 32985292 SCHEDULE D, PAGE 3, PART X IMS IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. IMS HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. IMS HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D FINANCIAL AID -920,615 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 920,615 X X X X X X X true GIVECAMPUS 99 M ST SE 233 WASHINGTON DC 20003 FUNDRAISIN false 114644 26200 88444 114644 26200 88444 SCHOOL FUNDRAIS 97798 97798 43088 SPECIAL EVENTS 51979 51979 15945 149777 149777 59033 59033 90744 false FINANCIAL AID 3517 920615 FMV FINANCIAL AID false false false false false false false false false BRUCE ROBINSON CEO AND PRESIDENT 275554 23652 299206 GIANNA D'ANGELO COO AND CFO 255000 1287 256287 JILL VALUNAS CHIEF OF SCHOOLS 193846 5728 199574 MICHELLE BROWN CHIEF DEVEL. OFFICER 145754 15560 161314 A UPPER DARBY INDUSTRIAL DEVELOPMENT 2016-12-28 2485000 CONSTRUCTION PROJECT false false false A 100701 2485000 44711 2440289 false false true true A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION UPPER DARBY INDUSTRIAL DEVELOPMENT CONSTRUCTION PROJECT PORTER & CURTIS BOARD MEMBER 47135 INSURANCE false BEACON INSURANCE BOARD MEMBER 1988453 INSURANCE false VALLEY FORGE INVESTMENT CO BOARD CHAIR 281536 ACCOUNTING SERVICES false SCHEDULE L, PART V WILLIAM CURTIS, BOARD MEMBER, IS AN OWNER OF PORTER & CURTIS LLC WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. ANTHONY CELLUCCI, BOARD MEMBER, IS EMPLOYED BY BEACON INSURANCE GROUP WHERE HE SERVES AS INDEPENDENCE MISSION SCHOOLS' INSURANCE BROKER. BRIAN MCELWEE, BOARD CHAIR, IS AN OWNER OF VALLEY FORGE INVESTMENT CORPORATION. VALLEY FORGE INVESTMENT CORPORATION PROVIDES ACCOUNTING SERVICES, AT COST, TO INDEPENDENCE MISSION SCHOOLS. X 667342 FMV false true false FORM 990 - ORGANIZATION'S MISSION INDEPENDENCE MISSION SCHOOLS MANAGES A NETWORK OF CATHOLIC ELEMENTARY SCHOOLS THROUGH A CENTRAL OFFICE LOCATION WHICH PROVIDES SUPPORT TO ALL OF THE SCHOOLS. THE MISSION OF IMS IS TO PROVIDE SUSTAINABLE, AFFORDABLE, HIGH-QUALITY CATHOLIC EDUCATION TO NEARLY 4,000 CHILDREN OF ALL FAITHS IN UNDERSERVED URBAN NEIGHBORHOODS THROUGH A NEW MODEL OF GOVERNANCE, FUNDING, AND ACCOUNTABILITY FOR THE MEMBER SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 2 KATHY FRIEL BRIAN MCELWEE TREASURER BOARD PRESID BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AND RECOMMENDS TO THE BOARD OF DIRECTORS THAT IT BE APPROVED. A DRAFT OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY CONFLICTS AND REVIEWS NEW VENDORS AND PROVIDERS WITH EXISTING DISLOSURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS AND APPROVES COMPENSATION ADJUSTMENTS FOR THE PRESIDENT AND THE CHIEF FINANCIAL OFFICER. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.