School Meets Bond Covenants With One Bright Ray

Community Academy of Philadelphia reported that it remains on track to satisfy financial covenants associated with its bond documentation and lease agreement, both individually and in combination with One Bright Ray Incorporated. This indicates ongoing compliance with financing terms tied to facilities and debt.

Document date · May 4, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

Community Academy of Philadelphia Minutes 2026-05-04

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Community Academy of Philadelphia Minutes Board of Directors Meeting 2026-08-17

ONGOING

Community Academy Of Philadelphia Cs, Pennsylvania$1,183,081 lease costs for the fiscal year ended June 30, 2026Aug 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Community Academy of Philadelphia CS?

One Bright Ray Incorporated was awarded this financial services contract by Community Academy of Philadelphia CS, as recorded on May 4, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Community Academy of Philadelphia Minutes 2026-05-04 (Minutes), dated May 4, 2026 from Community Academy of Philadelphia CS. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does One Bright Ray Incorporated hold?

One Bright Ray Incorporated may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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