2024-05-15T09:14:56-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 262133132 PAN AMERICAN ACADEMY CHARTER SCHOOL PANA 2154251212 2830 AMERICAN STREET PHILADELPHIA PA 19133 DR DARCY RUSSOTTO CHIEF EXECUTIVE OFFICER 2154251212 2024-05-06 1 DR DARCY RUSSOTTO 999009999 0 HELEN M MARTIN P01330899 2158818800 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR DARCY RUSSOTTO 2830 AMERICAN STREET PHILADELPHIA PA 19133 15935451 0 X WWW.PANAMERICANACADEMY.ORG X 2008 PA TO PREPARE BILINGUAL, INTERNATIONALLY-MINDED INQUIRERS. 9 9 153 9 0 0 3982240 3948468 12414303 11933987 41 1296 34389 51700 16430973 15935451 0 0 0 0 10104668 10910257 0 0 37596 5372546 4747347 15477214 15657604 953759 277847 24750654 23287568 30288140 28472086 -5537486 -5184518 TO PREPARE STUDENTS FOR A SUCCESSFUL FUTURE BY PROMOTING ACADEMIC EXCELLENCE THROUGH RIGOROUS INSTRUCTION, BILINGUALISM, THE INTEGRATION OF CULTURAL AWARENESS AND RESPECT THROUGHOUT ALL ASPECTS OF CURRICULUM. 0 0 14138945 11933987 PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS FROM GRADES K-8 WITHIN PHILADELPHIA AND SURROUNDING COMMUNITIES. 14138945 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 153 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X OMNIVEST LLC 2154978301 115 PHEASANT RUN SUITE 210 NEWTOWN PA 18940 BRENDA MARRERO BOARD CHAIR 0.50 X 0 0 0 DR NELSON FLORES VICE CHAIR 0.50 X 0 0 0 DANA ESPINOSA SECRETARY 0.50 X 0 0 0 DONNA NUCCIO TREASURER 0.50 X 0 0 0 DR JOSEPH DUCETTE BOARD MEMBER 0.50 X 0 0 0 CAROLINE GORMAN BOARD MEMBER 0.50 X 0 0 0 JESSIKA GARCIA BOARD MEMBER 0.50 X 0 0 0 HECTOR GUZMAN EFF 112122 BOARD MEMBER 0.50 X 0 0 0 CHRISTINA BARKER EFF 101722 BOARD MEMBER 0.50 X 0 0 0 DARCY RUSSOTTO CHIEF EXECUTIVE OFFICER 40.00 X 165549 0 78994 JENNIFER MCNEIL DIRECTOR OF SPEC ED (THRU 12/31/22) 40.00 X 122284 0 77239 JOSHUA FINEBERG DIRECTOR OF STUDENT SERVICES 40.00 X 124853 0 64825 DAVID SHEMARIA PRINCIPAL (THRU 6/30/23) 40.00 X 109531 0 74070 TIM VASSION FACILITY MANAGER 40.00 X 108088 0 48142 MERCEDES WALTON-MASON PRINCIPAL 40.00 X 124348 0 53936 754653 0 397206 8 0 1 0 0 3935163 13305 3948468 SCHOOL DISTRICT SUBSIDY 611110 11187815 11187815 FOOD PROGRAM 611110 647491 647491 STATE REIMBURSEMENT PROGRAM 611110 98681 98681 11933987 1296 1296 MISCELLANEOUS REVENUE 900099 51700 51700 51700 15935451 11933987 0 52996 250639 87724 125319 37596 7422168 7028890 393278 1413112 1213670 199442 1240616 1136107 104509 583722 546971 36751 109108 109108 120092 120092 21000 21000 3646 907 2739 125732 29330 96402 78849 78849 712455 681173 31282 15395 15395 145636 145636 1277707 1277707 135256 84664 50592 SUPPLIES 860854 774452 86402 PROFESSIONAL FEES 605092 605092 FOOD 437108 437108 STUDENT TRANSPORTATION 63223 63223 36194 10896 25298 15657604 14138945 1481063 37596 2762391 3100281 1498015 1401306 186806 285139 23332735 7077226 17173609 16255509 3129833 2245333 24750654 23287568 2124903 2176577 363895 131628 343961 88736 27455381 26075145 30288140 28472086 X 0 0 2846067 2603807 -8383553 -7788325 -5537486 -5184518 24750654 23287568 X 277847 75121 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2733735 2733735 4340354 4298243 42111 16258646 2778983 13479663 16255509 DEFERRED OUTFLOW OF RESOURCES 2245333 2245333 RIGHT TO USE LIAB 13562966 NET PENSION LIAB 11648185 OPEB LIABILITY 482006 DEF INFLOW OF RES 239076 DEF INFLOW OPEB 142912 26075145 15935451 0 15935451 0 15935451 15582483 0 15582483 75121 75121 15657604 PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL OPEB AND PENSION CONTRIBUTIONS 1,330,058. SCHOOL'S PROPORTIONATE SHARE OF PSERS OPEB AND PENSION EXPENSE -1,254,937. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WHILE THIS INFORMATION IS NOT PUBLICIZED VIA NEWS OUTLETS OF ANY SORTS. IT IS PUBLICIZED ON STUDENT APPLICATIONS, NOTIFICATIONS, LOTTERY INSTRUCTIONS, AS WELL AS ALL EMPLOYEE DOCUMENTS. SCHEDULE E, PART I, LINE 4 THERE ARE NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE AWARDED. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION, PASSED THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND THE SCHOOL DISTRICT OF PHILADELPHIA. THE SCHOOL ALSO PARTICIPATES IN REIMBURSEMENT PROGRAMS THROUGH PA DEPT OF EDUCATION AND PASSTHROUGH GRANTS WITH THE SCHOOL DISTRICT OF PHILADELPHIA. X X 0 0 0 0 0 0 0 0 0 DARCY RUSSOTTO CHIEF EXECUTIVE OFFICER 163969 0 1580 0 0 0 59199 0 19795 0 244543 0 0 0 JENNIFER MCNEIL DIRECTOR OF SPEC ED (THRU 12/31/22) 120701 0 1583 0 0 0 45187 0 32052 0 199523 0 0 0 JOSHUA FINEBERG DIRECTOR OF STUDENT SERVICES 123270 0 1583 0 0 0 44352 0 20473 0 189678 0 0 0 DAVID SHEMARIA PRINCIPAL (THRU 6/30/23) 107948 0 1583 0 0 0 41058 0 33012 0 183601 0 0 0 MERCEDES WALTON-MASON PRINCIPAL 122724 0 1624 0 0 0 43109 0 10827 0 178284 0 0 0 TIM VASSION FACILITY MANAGER 106483 0 1605 0 0 0 37389 0 10753 0 156230 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL CONTRACTS WITH OMNIVEST MANAGEMENT TO PROVIDE BACK OFFICE ACCOUNTING, FINANCIAL, AND OPERATIONAL BUSINESS SUPPORT. OMNIVEST DOES NOT HAVE APPROVAL AUTHORITY. FORM 990, PART VI, SECTION A, LINE 7A FOUR OF THE NINE MEMBERS OF THE BOARD OF TRUSTEES ARE ELECTED BY THE BOARD OF DIRECTORS OF CONGRESO DE LATINOS UNIDOS, A PENNSYLVANIA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY SCHOOL MANAGEMENT AND THE BUSINESS MANAGEMENT CONTRACTOR. THE FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING ANNUAL UPDATES SIGNED BY THE EMPLOYEES, REVIEWED BY THE BOARD OF TRUSTEES AND KEPT IN THE EMPLOYEES FILES. IN ADDITION, MEMBERS OF THE BOARD OF TRUSTEES ARE CONSIDERED TO BE PUBLIC OFFICIALS. THEY ARE REQUIRED TO SUBMIT STATEMENTS OF FINANCIAL INTERESTS ON AN ANNUAL BASIS. THE BOARD OF TRUSTEES AND ADMINISTRATION ARE REQUIRED TO FILE THE STATEMENTS OF FINANCIAL INTEREST BY MAY 1ST, ANNUALLY. THE BOARD REVIEWS THE ADMINISTRATIONS STATEMENTS. BOARD MEMBERS ALSO REVIEW THE OTHER MEMBERS STATEMENTS. ADDITIONALLY, DURING EACH RENEWAL CYCLE WITH SDP, THE CHARTER SCHOOL OFFICE REQUESTS THE STATEMENTS OF FINANCIAL INTEREST OF THE FIVE YEARS DURING THAT RENEWAL PERIOD AND CONDUCTS A REVIEW AS WELL. IF ANY BOARD MEMBER'S INVOLVEMENT IN A CONFLICT OF INTEREST CANNOT BE REMOVED THROUGH ABSTENTATION OF VOTING OR NONPARTICIPATION IN DECISION-MAKING, THE BOARD OF TRUSTEES WILL RECTIFY THE CONFLICT, I.E., VOIDING THE CONTRACT OR HAVING THE BOARD MEMBER RESIGN FROM THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES USES COMPARABLE DATA AND ANNUAL EVALUATIONS WHEN DETERMINING PAY INCREASES FOR ALL EMPLOYEES. SALARIES ARE REVIEWED AND APPROVED ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EXP DIFF BETWEEN PENSION CONTRIB AND SCHOOL'S PROPORTIONATE SHARE-SEE SCH D 75,121.