Tacony Academy Charter School
Internal Balance Sheet
March 2017
ASSETS
Mar 2017
Current Assets
Checking/Savings
Cash
5,283,488
Due from Foundations
311,437
Due from Food Service
363,055
Due from Commonwealth
2,269
Prepaid Rent
608,890
Retainer - American Paradigm Schools
Other Assets
57,000
8,262
Total Current Assets
6,634,400
Fixed Assets
Furniture, Software and Computers
96,155
Total Fixed Assets
96,155
TOTAL ASSETS
6,730,556
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
81,967
Due to Uniform Fund
48,809
Due to Federal
32,775
Due to School District of Philadelphia
134,484
Due to PSERS Employer Contrib.
279,429
Due to Student Groups
37,697
Deferred Revenue
2,500
Total Current Liabilities
617,661
Total Liabilities
Equity
Available for Appropriation
432,257
Investment in Fixed Assets
250,000
Reserve forNon Liquid Assets (Revenue Reductions)
Reserve for Contingencies
900,000
1,400,000
Reserve for Retirement Contribution Increases
500,000
Reserve for Building Projects
950,000
Designated for Prepaid Rent
850,000
YTD Revenues over Expenses
830,638
Total Equity
6,112,895
TOTAL LIABILITIES & EQUITY
6,730,556
1
Tacony Academy Charter School
Tacony Academy Charter School
Statement of Revenues and Expenditures
Reg Ed/Spec Ed
Enrollment
Budgeted Enrollment
Organization
Fiscal Year
Summary by Function
Revenues
School District Subsidy
Other Local
State
Federal
Contribution from Reserve
Total Revenue
Expenditures
Instruction
Regular Education
Special Programs
Other Instructional Programs
Support Services
Guidance
Psychological Services
Library
Professional Development
Other Support Services
Legal Services
Office of the CEO
Administrative
Pupil Health
Business
Building Services
Security
Technology
Noninstructional Services
Student Activities
Extended Day
Parent Involvement
Scholarships
Total Expenditures
Revenues Over (Under) Expenditures 6/30/18
Summary by Major Class
Salaries
Benefits
Professional Services
Management Agreement
Building Services
Rent/Debt Service
Other Purchased Services
Supplies and Books
Equipment
(887 and 188)
(892and 183)
2016-17
Working Budget
1075
K-12
Recommended
Transfers
2016-17
Revised Budget
1075
K-12
2016-17
2016-17
2016-17
Allocated
Mar 2017
Actual
Mar 2017
Variance
Mar 2017
11,329,175
329,475
139,454
913,875
12,711,979
436,501
0
0
(10,635)
425,866
11,765,676
329,475
139,454
903,240
13,137,845
8,824,257
387,537
502,419
9,714,213
8,878,163
387,537
514,076
9,779,776
53,906
11,657
65,563
4,828,061
1,129,848
0
35,000
126,700
0
4,863,061
1,256,548
0
3,062,723
878,209
-
3,157,145
700,165
0
(94,422)
178,044
0
0
196,289
150,897
223,858
119,150
90,009
135,920
129,473
84,465
136,509
(10,323)
5,544
(589)
50,179
107,355
395,037
1,690,858
113,969
307,602
3,424,977
16,000
125,000
0
0
0
13,352
0
12,000
0
0
27,474
50,179
107,355
395,037
1,704,210
113,969
319,602
3,424,977
16,000
152,474
28,949
87,761
286,679
1,275,909
83,743
245,552
2,607,427
12,000
120,474
11,616
117,346
294,241
1,139,293
109,554
278,223
2,549,238
10,659
137,137
17,334
(29,585)
(7,562)
136,616
(25,811)
(32,671)
58,189
1,341
(16,663)
23,768
75,725
9,000
0
12,868,422
4,300
0
0
0
218,826
28,068
75,725
9,000
0
13,087,248
25,068
54,173
9,000
9,122,746
26,006
58,480
9,588
0
8,949,138
(938)
(4,308)
(588)
0
173,608
207,040
50,596
591,467
830,638
175
4,125
126,700
34,558
53,268
218,826
4,964,072
2,715,868
1,626,289
766,215
2,409,025
192,786
397,994
15,000
13,087,248
3,039,717
1,857,937
1,295,399
598,273
1,838,871
147,469
345,080
9,122,746
3,009,778
1,787,512
1,228,777
579,137
1,838,871
164,652
340,412
8,949,138
196,289
150,897
223,858
-
(156,444)
4,963,897
2,711,743
1,499,589
766,215
2,409,025
158,228
344,726
15,000
12,868,422
2
29,939
70,425
66,622
19,137
(17,183)
4,668
173,608
Tacony Academy Charter School
Fiscal Year
1075
K-12
1075
K-12
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
54
55
56
57
58
59
60
61
62
63
64
65
66
0
Allocated
Mar 2017
Actual
Mar 2017
Variance
Mar 2017
-
-
0
Revenues
School District Subsidy
Regular Education
Special Education
Other Local
IDEA
Extended Day
Miscellaneous
6,869,815
4,459,360
11,329,175
395,525
40,976
436,501
243,450
75,725
10,300
329,475
Commonwealth
Rental & Sinking Fund Payments
Health Services
-
0
848,000
65,875
913,875
5,449,005
3,375,252
8,824,257
5,453,054
3,425,109
8,878,163
4,049
49,857
53,906
243,450
75,725
10,300
198,388
49,370
139,779
387,537
198,388
49,370
139,779
-
329,475
129,000
10,454
139,454
Federal
Federal Entitlements
Access
7,265,340
4,500,336
11,765,676
(10,635)
(10,635)
129,000
10,454
-
139,454
-
837,365
65,875
903,240
Expenditures
Instruction
Regular Education
Salaries
Employee Benefits
Professional Services
Other Purchased Services
Supplies
Books and Software
Special Programs
Salaries
Employee Benefits
Deaf-Hearing, Therapy Source,
Advovacy Alliance
Transportation chargeback
APS/ESY
Total Instruction
Support Services
Counseling
Salaries
Employee Benefits
Psychological Services
Salaries
Employee Benefits
Professional Services
0
-
0
0
514,076
514,076
11,657
11,657
‐
Contribution from Reserve
Total Revenues
502,419
502,419
387,537
12,711,979
425,866
13,137,845
9,714,213
9,779,776
65,563
2,970,728
1,608,333
45,000
9,000
70,000
125,000
35,000
2,970,728
1,608,333
45,000
9,000
70,000
160,000
1,738,782
1,081,441
33,750
6,750
42,000
160,000
1,749,071
1,153,329
44,890
5,175
41,152
163,528
4,828,061
35,000
4,863,061
3,062,723
3,157,145
(10,290)
(71,888)
(11,140)
1,575
848
(3,528)
(94,422)
30,000
110,000
1,129,848
15,700
(15,000)
126,000
126,700
579,438
330,410
80,000
15,700
15,000
236,000
1,256,548
341,799
217,198
60,000
15,700
7,512
236,000
878,209
351,823
151,468
32,818
15,700
7,512
140,844
700,165
(10,024)
65,730
27,182
95,156
178,044
5,957,909
161,700
6,119,609
3,940,932
3,857,310
124,000
72,289
196,289
71,538
47,611
119,150
71,205
58,268
129,473
334
(10,657)
(10,323)
100,000
50,897
150,897
57,692
32,317
90,009
57,012
27,453
84,465
680
4,864
5,544
579,438
330,410
80,000
124,000
72,289
196,289
-
100,000
50,897
150,897
0
3
83,622
Tacony Academy Charter School
Fiscal Year
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
Library
Salaries
Employee Benefits
Books and Software
Other Support
Salaries
Employee Benefits
Legal and Audit Services
Audit Services
Legal Services
Office of CEO
Salaries
Employee Benefits
Administrative
Salaries
Employee Benefits
Professional Services
American Paradigm Schools
Other Purchased Services
Postage
Telephone
Advertising
Travel
Other (Dues, fees, Credit card)
Supplies
Software MMS hosting and expansion
Pupil Health
Professional Services
Supplies
Business
Salaries
Benefits
Business Services
Printing
Software Hosting/Amortization
Payroll Services
1075
K-12
1075
K-12
140,000
78,858
5,000
223,858
Actual
Mar 2017
Variance
Mar 2017
140,000
78,858
5,000
223,858
80,769
51,401
3,750
135,920
87,754
45,108
3,647
136,509
(6,985)
6,293
103
(589)
-
35,000
15,179
50,179
20,192
8,757
28,949
9,811
1,804
11,616
10,381
6,953
17,334
-
28,982
78,373
107,355
28,982
58,780
87,761
32,700
84,646
117,346
(3,718)
(25,867)
(29,585)
-
258,546
136,491
395,037
184,960
101,719
286,679
201,075
93,166
294,241
(16,115)
8,553
(7,562)
361,640
210,443
616,677
288,353
149,442
594,782
73,288
61,001
21,895
8,884
22,344
2,500
2,000
2,500
29,000
15,000
4,558
7,253
1,541
505,519
280,876
822,236
8,884
22,344
2,500
2,000
7,058
36,253
16,541
6,663
16,758
1,875
2,000
7,058
36,253
16,542
5,167
28,021
1,254
5,136
8,511
42,086
16,542
1,496
(11,263)
621
(3,136)
(1,453)
(5,833)
-
1,690,858
13,352
1,704,210
1,275,909
1,139,293
0
106,090
7,879
113,969
79,568
4,176
83,743
104,980
4,574
109,554
(25,412)
(398)
(25,811)
66,236
43,610
132,908
37,000
22,848
17,000
47,384
33,235
108,932
27,750
17,136
11,115
245,552
64,444
48,845
108,932
32,917
13,890
9,195
(17,060)
(15,610)
(5,167)
3,246
1,921
(32,671)
85,439
51,094
76,175
34,197
79,862
185,902
199,250
15,000
113,782
4,478
1,838,871
33,750
79,862
198,024
160,538
13,235
125,353
2,125
1,838,871
20,859
2,607,427
2,549,238
0
35,000
15,179
50,179
28,982
78,373
107,355
258,546
136,491
395,037
505,519
280,876
822,236
106,090
7,879
113,969
66,236
43,610
132,908
25,000
22,848
17,000
12,000
307,602
Building Operations
Salaries
Employee Benefits
Property Services
Insurance
Custodial
Utilities
Trash
Maintenance & Repairs
Extermination Services
Rent/Debt Service
Supplies
Equipment
Allocated
Mar 2017
12,000
319,602
0
119,431
70,307
75,000
247,869
265,667
20,000
151,709
5,970
2,409,025
45,000
15,000
3,424,977
119,431
70,307
75,000
247,869
265,667
20,000
151,709
5,970
2,409,025
45,000
15,000
3,424,977
4
278,223
136,616
9,264
16,897
(12,122)
38,713
1,765
(11,571)
2,353
12,891
58,189
Tacony Academy Charter School
Fiscal Year
127
Security
128
129
130
Professional Services
131
132
137
Central Information Technology
138
Professional Services
139
Internet Services
140
Supplies
141
142
143
Total Support Services
144
145
Non Instructional Activities
146
Extracuricular (Stipends)
147
Salaries
148
Employee Benefits
149
Supplies
150
151
Extended Day
152
Salaries
153
Employee Benefits
154
Supplies
155
156
157
Scholarships
158
Scholarships
159
160
161
Parent Involvement
162
Professional Services
163
164
165
Non Instructional Activities
166
167 Total Expenditures
168
169 Excess of Revenue over Expenditures 6/30/18
1075
K-12
1075
K-12
Allocated
Mar 2017
Actual
Mar 2017
Variance
Mar 2017
16,000
16,000
0
16,000
16,000
12,000
12,000
10,659
10,659
1,341
1,341
50,000
60,000
15,000
125,000
18,000
9,474
27,474
50,000
78,000
24,474
152,474
37,500
58,500
24,474
120,474
50,315
59,687
27,134
137,137
(12,815)
(1,187)
(2,660)
(16,663)
6,802,021
52,826
6,854,847
5,093,574
4,997,753
10,000
3,768
10,000
23,768
175
4,125
10,175
7,893
10,000
28,068
10,175
7,893
7,000
25,068
10,900
8,106
7,000
26,006
(725)
(213)
(938)
55,000
20,725
39,346
14,826
42,156
16,325
54,173
58,480
(2,809)
(1,498)
(4,308)
4,300
55,000
20,725
95,821
75,725
0
75,725
0
0
0
9,000
9,000
0
9,000
9,000
9,000
9,000
9,588
9,588
(588)
(588)
108,493
4,300
112,793
88,241
94,075
(5,834)
12,868,422
218,826
13,087,248
9,122,746
8,949,138
207,040
50,596
591,467
830,638
(156,444)
5
-
0
0
173,608
05/08/2017
Tacony Academy Charter School Enrollment & Waitlist information as of March 31, 2017.
School Enrollment:
Kindergarten
1st Grade
2nd Grade
3rd grade
4th Grade
5th Grade
6th Grade
7th Grade
8th Grade
77
79
81
83
81
78
77
70
69
9th Grade
10th Grade
11th Grade
12th Grade
Total
104
106
93
78
Sincerely,
Ashley Redfearn
Principal/CEO
School Waitlist:
695
381
1076
Kindergarten
1st Grade
2nd Grade
3rd grade
4th Grade
5th Grade
6th Grade
7th Grade
8th Grade
446
215
149
197
211
134
164
146
85
9th Grade
10th Grade
11th Grade
12th Grade
500
165
128
37
1747
830
2577