PHILADELPHIA CHARTER SCHOOL FOR ARTS AND SCIENCES AT HR EDMUNDS

EIN: 455446616 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$23,539,850
Total Expenses
$22,459,130
Total Assets
$20,966,991
Net Assets
$15,021,679
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
PA
Principal Officer
JUDY TAGGART
Phone
8565051300
Tax Period
2024-07-01 to 2025-06-30

PHILADELPHIA CHARTER SCHOOL FOR ARTS AND SCIENCES AT HR EDMUNDS, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $23.5M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $22.5M left a modest 5% surplus.

Mission

TO EDUCATE EACH CHILD ACCORDING TO AGE AND DEVELOPMENT SO THAT LEARNING AND GROWTH ARE UNITED; TO INTEGRATE THE DEVELOPING MIND AND BODY OF THE CHILD WITH ACADEMICS AND THE PERFORMING ARTS TO ENSURE EACH CHILD'S EXCELLENCE IN CORE AND ACADEMIC SKILLS; TO AWAKEN AND PRESERVE THE SPIRIT OF OUR CHILDREN THROUGH THE VISUAL ARTS, VOCAL ARTS, INSTRUMENTAL MUSIC, CREATIVE WRITING, CLASSICAL BALLET, FRENCH, INNOVATIONS IN THE FIELD OF SCIENCE, ALL INTERTWINED WITH TECHNOLOGY; AND, TO NOURISH THIS SPIRIT AND CURIOSITY SO THAT STUDENTS CONTINUE TO FLOURISH LONG AFTER THE END OF FORMAL TRAINING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,415,727
Program Service Revenue $20,539,638
Investment Income $400,202
Other Revenue $184,283
TOTAL REVENUE $23,539,850

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,895,809
Fundraising Expenses $0
Program Expenses $16,584,802
Other Expenses $11,563,321
TOTAL EXPENSES $22,459,130

Year-over-Year Comparison

2024 2023 Change
Revenue $23,539,850 $25,158,134 -0.1%
Expenses $22,459,130 $22,424,331 +0.0%
Net Income $1,080,720 $2,733,803 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
167
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAVIER KUEHNLE CHAIRMAN 2.00
Officer Director
$0 $0 $0
WILLIAM BRADLEY LEACH VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
KRISTIN KUBACH SECRETARY 2.00
Officer Director
$0 $0 $0
KRISTA ALEXANDER TREASURER 2.00
Officer Director
$0 $0 $0
RONALD PIGLIACELLI BOARD MEMBER 2.00
Director
$0 $0 $0
EVELT VERTIL BOARD MEMBER 2.00
Director
$0 $0 $0
JUDITH TAGGART CEO 40.00
Highest
$167,088 $75,781 $242,869
KRISTINE FILARDI PSYCHOLOGIST 40.00
Highest
$123,662 $14,757 $138,419
MATTHEW MENSCHNER CHIEF ACADEMIC OFFICER 40.00
Highest
$134,533 $14,911 $149,444
ERICA MCELVEEN DEAN OF CULTURE 40.00
Highest
$101,422 $42,668 $144,090
SARA WALKER PSYCHOLOGIST 40.00
Highest
$108,508 $29,319 $137,827
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $23,539,850 $22,459,130 $20,966,991 $1,080,720
2024 No data No data No data No data
2023 $22,741,693 $20,145,899 $17,514,114 $2,595,794
2022 $21,902,092 $17,948,379 $15,698,555 $3,953,713
2021 $18,760,552 $15,061,070 $13,352,194 $3,699,482
2020 $17,590,619 $13,923,034 $10,649,212 $3,667,585
2019 $17,127,165 $14,299,596 $9,586,143 $2,827,569
2018 $14,884,654 $13,355,106 $9,080,106 $1,529,548
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