2025-02-03T06:17:17-08:00 2024-06-30 264174690 ANTHONY REPICE 2901 SO 15TH ST PHILADELPHIA PA 19145 990 2023-07-01 475567287 Innovative Arts Academy Charter School INNO 6104032787 330 Howertown Road Catasauqua PA 18032 David J Rank President 6104032787 2025-01-31 true true Anthony Repice P00550706 2157557603 2025-02-03 X 2023 2025-03-06 01:10:19Z David Rank 330 Howertown Road Catasaqua PA 18032 13144854 false X www.iaacslv.net X 2016 PA Innovative Arts Academy Charter School believes that the arts encourage the kind of creative and critical thinking that allows children to succeed in other academic work. The vision of the school is focused on 5 5 87 5 0 0 0 9589274 13099147 45707 0 9589274 13144854 0 0 5224975 5572006 0 0 3814545 3280588 9039520 8852594 549754 4292260 19995952 8140479 16845981 698248 3149971 7442231 Innovative Arts Academy Charter School believes that the arts encourage the kind of creative and critical thinking that allows children to succeed in other academic work. The vision of the school is focused on false false 5367815 0 13144854 Innovative Arts Academy Charter School is an indepdendent charter school with a primary purpose to provide education to grades 6 through 12 with unique support services to facilitate this goal 5367815 true false false false false false false false false false true false false true true false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 25 0 true 87 true false false false false false false false false false false false false false X 5 5 false true false false false false false true true false false true true true true false false true true false X Repice & Taylor Inc 2157557603 2901 S 15th St Philadelphia PA 19145 David Rank President 1.00 X 0 0 0 Rob Sirmans Treasurer 1.00 X 0 0 0 Dan Schmidt Secretary 1.00 X 0 0 0 Bob Susko Trustee 1.00 X 0 0 0 Jason Nagle TRustee 1.00 X 0 0 0 Brad Schifko CEO 40.00 X X 129279 0 0 Erik Malmberg Director of Technology 40.00 X X 125701 0 0 Rocco Seiler Chief Operations Officer 40.00 X X 125953 0 0 380933 0 0 3 true false false Catty School LLC 1177 6th Street Whitehall PA 18052 Rent 832320 1 Local Revenue 611710 7186814 0 0 State Revenue 611710 39661 0 0 Federal Revenue 611710 2436809 0 0 Other Revenue 611710 15629 0 0 Gain on Lease Termination 611710 3420234 0 0 13099147 45707 0 0 13144854 13144854 0 0 129279 0 129279 0 3757412 2835809 921603 0 187204 136806 50398 0 1185296 895388 289908 0 312815 229294 83521 0 40005 0 40005 0 124491 0 124491 0 850659 674809 175850 0 28311 0 28311 0 2175 0 2175 0 11241 0 11241 0 494189 0 494189 0 9698 0 9698 0 280613 0 280613 0 297917 0 297917 0 108839 61757 47082 0 Software 259594 254602 4992 0 Supplies 154978 35493 119485 0 Books 12871 12871 0 0 Equipment / Technology 19227 15600 3627 0 585780 215386 370394 0 8852594 5367815 3484779 0 4694025 2998172 1158933 3850607 113297 81398 1376797 305457 14029697 1071340 0 138962 19995952 8140479 770573 504739 16075408 193509 16845981 698248 X -1738223 4961216 4888194 2481015 3149971 7442231 19995952 8140479 4292260 X X true X true X true true true X 0 0 0 0 0 0 0 1000184 147591 852593 376613 157866 218747 1071340 Interest rate Swap 138962 138962 Non-Financing Lease Liability 0 Compensated Absences 54547 Deferred inflows of resources 138962 193509 13144854 13144854 13144854 8852594 8852594 8852594 true true true true true true true false false false false false false false false true false true Line 6b The school received federal awards, state expense reimbursements, and per pupil funding from local school districts in the Lehigh Valley Line 3 Charter SChool Law prohibts discrimination false false false false false false false false false Erik Malmberg 125701 0 0 0 0 0 0 0 0 0 125701 0 0 0 Rocco Seiler 125953 0 0 0 0 0 0 0 0 0 125953 0 0 0 Pt VI, Line 3 Business management duties are performed by Repice & Taylor, Inc. Pt VI, Line 11b Its is the policy of the school to provide the 990 to the full board of trustees prior to submission of the form to the IRS Pt VI, Line 12c Statement of financial interests are forwarded to PA State Ethics Commission on Form SEC-1 Pt VI, Line 15a All compensation is reviewed and approved by the Board of Trustees Pt VI, Line 15b All compensation is reviewed and approved by the Board of Trustees Pt VI, Line 18 Documents are available upon request Pt VI, Line 19 Documents are available upon request Pt XII, Line 2c The Process for assuming responsibility for oversight of the audit of the organizations financial statements and selection of an Independent Accountant by those charged with Governance has not changed due tot he fact this is the first year of the school