Ad Prima Scholars Foundation

IRS exemption revoked

Philadelphia, PAUnknown exempt organizationEIN 85-1576069Revenue $199K in FY2022

On file with the IRS1920 N 63rd Street · Philadelphia, PA

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The mission of the organization is to support the overall mission of the Ad Prima charter school

99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $102K a year · 80% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.0M
108% of total assets
Concern: liabilities are 108% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$199K
+9% vs prior year
Spent
$271K
To programs
99%
Net assets
−$307K
By yearFY2020–FY2022
Revenue
$199K
FY2022▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$182K
FY2022$199K
Expenses
$271K
FY2022-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$145K
FY2021$272K
FY2022$271K
Net assets
−$307K
FY2022▼ -31%
Tap a bar for its year
Net assets by fiscal year
FY2020−$145K
FY2021−$234K
FY2022−$307K

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
IRS revoked this organization's tax-exempt status on November 15, 2025

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $267K Management & general 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
See Ad Prima Scholars Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports the Ad Prima Charter School's educational mission.

Questions for Ad Prima Scholars Foundation

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Provided by the organization

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1 program · $267K · in their own filed words · FY2021
01

The mission of the organization is to support the overall mission of the ad prima charter school

$267Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$199K
Ln 12
Fees for servicesLn 2g$199K
Money outPt IX
$271K
Ln 25
Programscol B$267K
Managementcol C$4K
Owns and owesPt X
−$307K
net assets · Ln 32
Cash and savingsLn 1–2$17K
Total assetsLn 16$3.6M
LiabilitiesLn 26$4.0M
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$199K
Gains on assetsLn 7$0
Total revenueLn 12$199K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$0
Cash and savings togetherLn 1–2$17K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$0
Total assetsLn 16$3.6M
LiabilitiesLn 26$4.0M
Net assetsLn 32−$307K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$17K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.8M$3.6M
Total assetsLn 16$3.8M$3.6M
LiabilitiesLn 26$4.0M$4.0M
Net assetsLn 32−$234K−$307K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$122K$122K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$134K$134K
InsuranceLn 23$11K$11K
All other expensesLn 24e$0
Total functional expensesLn 25$271K$267K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $199K$271K−$72K−$307K 990 PDF
FY2021 $182K$272K−$89K−$234K 990 PDF
FY2020 $0$145K−$145K−$145K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $198,881 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $182,308$198,881
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $182,308$198,881
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $271,807$271,069
I-18 Total expensesPrior year $271,807$271,069
I-19 Revenue less expensesPrior year −$89,499−$72,188
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $198,881 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $198,881$198,881
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $198,881$198,881
Part IX · Statement of functional expenses $271,069 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $3,834$3,834
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $122,435$122,435
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $134,160$134,160
IX-23 InsurancePrograms $10,640$10,640
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $267,235 · Management $3,834 · Fundraising $0$271,069
Part X · Balance sheet $3,648,513 assets, 18 lines filed
X-1 Cash, non-interest-bearing$16,833
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $3,765,840$3,631,680
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $3,765,840$3,648,513
X-25 Other liabilitiesStart of year $946,751$978,058
X-26 Total liabilitiesStart of year $4,000,175$3,955,036
X-27 Net assets without donor restrictionsStart of year −$234,335−$306,523
X-32 Total net assets or fund balancesStart of year −$234,335−$306,523
X-33 Total liabilities and net assetsStart of year $3,765,840$3,648,513
Part XI · Reconciliation of net assets −$306,523 net assets at year end
XI-1 Total revenue$198,881
XI-2 Total expenses$271,069
XI-3 Revenue less expenses−$72,188
XI-4 Net assets at start of year−$234,335
XI-10 Net assets at end of year−$306,523

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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