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← MASTERY CHARTER SCHOOL - THOMASCAMPUS

Form 990 for tax year 2022

Filed by MASTERY CHARTER SCHOOL - THOMASCAMPUS.

Totals

Total revenue
$24,936,164
Total expenses
$22,628,974
Contributions and grants received
$7,524,205
Grants paid
$0
Program service revenue
$17,216,736
Investment income
$195,223
Other revenue
$0
Total assets, end of year
$19,900,249
Total liabilities, end of year
$12,636,929
Net assets or fund balances, end of year
$7,263,320
Program services expenses (Part IX)
$19,099,653
Management and general expenses
$3,529,321
Fundraising expenses
$0
Program service expenses (Part III)
$19,099,653

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $7,517,057

  • 1f · All other contributions, gifts and grants

    $7,148

  • 2a · Program service revenue: DISTRICT SUBSIDIES

    total $16,762,121 · related or exempt $16,762,121

  • 2b · Program service revenue: E-RATE

    total $165,435 · related or exempt $165,435

  • 2c · Program service revenue: OUT-OF-DISTRICT SUBSIDIES

    total $159,327 · related or exempt $159,327

  • 2d · Program service revenue: STUDENT ACTIVITIES

    total $88,965 · related or exempt $88,965

  • 2e · Program service revenue: REFUND OF PRIOR EXPENDITURES

    total $37,367 · related or exempt $37,367

  • 2f · All other program service revenue

    total $3,521 · related or exempt $3,521

  • 3 · Investment income

    total $195,223 · excluded $195,223

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $493,959 · program services $329,323 · management and general $164,636

  • 7 · Other salaries and wages

    total $10,764,755 · program services $9,949,539 · management and general $815,216

  • 8 · Pension plan contributions

    total -$180,969 · program services -$197,622 · management and general $16,653

  • 9 · Other employee benefits

    total $1,771,697 · program services $1,625,479 · management and general $146,218

  • 10 · Payroll taxes

    total $835,708 · program services $765,285 · management and general $70,423

  • 11a · Fees: management

    total $1,844,430 · management and general $1,844,430

  • 11b · Fees: legal

    total $32,377 · management and general $32,377

  • 11g · Fees: other

    total $2,100,728 · program services $2,047,874 · management and general $52,854

  • 12 · Advertising and promotion

    total $14,139 · management and general $14,139

  • 13 · Office expenses

    total $287,269 · program services $228,675 · management and general $58,594

  • 14 · Information technology

    total $911,569 · program services $901,813 · management and general $9,756

  • 16 · Occupancy

    total $1,312,697 · program services $1,312,697

  • 17 · Travel

    total $470,077 · program services $466,595 · management and general $3,482

  • 20 · Interest

    total $152,051 · management and general $152,051

  • 22 · Depreciation, depletion and amortization

    total $601,654 · program services $601,654

  • 23 · Insurance

    total $115,695 · management and general $115,695

  • 24a · Other expenses: BOOKS

    total $465,321 · program services $465,321

  • 24b · Other expenses: SPECIAL EDUCATION

    total $130,014 · program services $130,014

  • 24c · Other expenses: COLLEGE PROGRAMS

    total $125,122 · program services $125,122

  • 24d · Other expenses: DISCIPLINARY PLACEMENTS

    total $123,750 · program services $123,750

  • 24e · All other expenses

    total $256,931 · program services $224,134 · management and general $32,797

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,124,379 · end of year $1,340,575

  • 2 · Savings and temporary cash investments

    beginning of year $10,590,578 · end of year $11,010,497

  • 3 · Pledges and grants receivable

    beginning of year $501,739 · end of year $921,159

  • 4 · Accounts receivable

    beginning of year $235,124 · end of year $284,115

  • 9 · Prepaid expenses and deferred charges

    beginning of year $315,424 · end of year $103,612

  • 10a · Land, buildings and equipment: cost or other basis

    $7,698,309

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,304,155

  • 10c · Land, buildings and equipment, net

    beginning of year $5,894,868 · end of year $5,394,154

  • 15 · Other assets

    beginning of year $948,227 · end of year $846,137

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,754,233 · end of year $2,687,303

  • 19 · Deferred revenue

    beginning of year $340,188

  • 25 · Other liabilities

    beginning of year $11,559,788 · end of year $9,949,626

  • 27 · Net assets without donor restrictions

    beginning of year $4,956,130 · end of year $7,263,320

Mission and programs · 2022

Mission

ALL STUDENTS LEARN THE ACADEMIC AND PERSONAL SKILLS THEY NEED TO BE TRULY PREPARED FOR POST-SECONDARY SUCCESS AND ABLE TO PURSUE THEIR DREAMS.

Activities or mission (Part I)

STUDENTS LEARN THE SKILLS NEEDED FOR POST-SECONDARY SUCCESS AND ARE ABLE TO PURSUE THEIR DREAMS.

  • MASTERY SCHOOLS INTEGRATES EDUCATIONAL BEST PRACTICES AND EFFECTIVE MANAGEMENT TO DRIVE STUDENT ACHIEVEMENT. OUR ACADEMIC STAFF IS OUTSTANDING AND RELENTLESSLY COMMITTED TO STUDENT ACHIEVEMENT AND CONTINUALLY IMPROVE THEIR CRAFT THROUGH HIGHLY-EFFECTIVE PROFESSIONAL DEVELOPMENT, COACHING, AND COLLABORATIVE SUPPORT. INSTRUCTION IS GROUNDED BY A COMMON PEDAGOGICAL VISION AND GUIDED BY RIGOROUS STANDARDS-BASED CURRICULA. WE ALIGN ASSESSMENTS TO CLEAR AND MEANINGFUL OBJECTIVES AND USE ASSESSMENT DATA TO TARGET AREAS OF NEED.MASTERY CHARTER SCHOOL - THOMAS CAMPUS SERVES STUDENTS IN GRADES K-12.

    Expenses $19,099,653 · Revenue $17,216,736

As filed on the 2022 return.

Listed in Part VII

  • PETER LANGER

    PRINCIPAL TO AUG 2022

    Total calculated
    $197,673
    From this org
    $135,333
    From related orgs
    $0
    Other
    $62,340
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,833
    Bonus
    $12,500
    Other
    $0
    Deferred
    $41,149
    Nontaxable benefits
    $21,191
    Filer's total
    $197,673

  • JAWAN NEWMAN

    ASST PRINCIPAL OF SCHOOL CULTURE

    Total calculated
    $195,171
    From this org
    $130,038
    From related orgs
    $0
    Other
    $65,133
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,288
    Bonus
    $5,750
    Other
    $0
    Deferred
    $41,655
    Nontaxable benefits
    $23,478
    Filer's total
    $195,171

  • JEANNINE CORSI

    ASSISTANT PRINCIPAL OF INSTRUCTION

    Total calculated
    $177,938
    From this org
    $115,011
    From related orgs
    $0
    Other
    $62,927
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $110,061
    Bonus
    $4,950
    Other
    $0
    Deferred
    $39,262
    Nontaxable benefits
    $23,665
    Filer's total
    $177,938

  • ZACHARY LEWIS

    PRINCIPAL TO MAR 2023

    Total calculated
    $171,798
    From this org
    $158,244
    From related orgs
    $0
    Other
    $13,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,794
    Bonus
    $21,450
    Other
    $0
    Deferred
    $6,906
    Nontaxable benefits
    $6,648
    Filer's total
    $171,798

  • DAMOUN LOPEZ

    DEAN

    Total calculated
    $162,453
    From this org
    $132,081
    From related orgs
    $0
    Other
    $30,372
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,581
    Bonus
    $3,500
    Other
    $0
    Deferred
    $6,520
    Nontaxable benefits
    $23,852
    Filer's total
    $162,453

  • JENNIFER JOHNSON

    ASSISTANT PRINCIPAL-SPEC SERVICES

    Total calculated
    $161,847
    From this org
    $115,064
    From related orgs
    $0
    Other
    $46,783
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $110,564
    Bonus
    $4,500
    Other
    $0
    Deferred
    $39,598
    Nontaxable benefits
    $7,185
    Filer's total
    $161,847

  • CHANELLE BAYLOR

    ASSISTANT PRINCIPAL/DIRECTOR OF OPS

    Total calculated
    $126,579
    From this org
    $114,134
    From related orgs
    $0
    Other
    $12,445
    Hours/week
    40

  • OWEN RICCIARDI

    PRINCIPAL

    Total calculated
    $100,420
    From this org
    $96,711
    From related orgs
    $0
    Other
    $3,709
    Hours/week
    40

  • SULAIMAN RAHMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • DONALD KIMELMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • SUZANNE BIEMILLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • GERRY EMERY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • HOSEA HARVEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • MARKIDA ROSS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • JUDITH TSCHIRGI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • ROY WADE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • JOHN WALSH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • KRISTINA WILKERSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • ROBERT VICTOR

    EX-OFFICIO CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
END OF YEAR COMPENSATION DECISIONS ARE MADE BASED ON MASTERY'S PERFORMANCE EVALUATION FRAMEWORK FOR SCHOOL LEADERS (PRINCIPALS) AND HIGHEST COMPENSATED EMPLOYEES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
19 March 2024
IRS schema version
2022v5.0
Source object
202430809349301808

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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