Civic Intelligence

Manara Academy Inc.

990 • Fiscal year 2020 • EIN 20-5254172

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 29, 2021

Organization ProfileMANARAACADEMY.ORG
8001 Jetstar Dr No 100Irving, TX 75063

(972) 304-1155

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.77x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.87x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$144,375

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

13th percentile

-4.7%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-9.4%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$8,906,007

Down $441,996 (-4.7%) from 2019

Net Assets

Up

$2,055,472

Up $846,298 (+70%) from 2019

Liabilities

Down

$6,850,535

Down $1,288,294 (-16%) from 2019

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin63rd percentile

Revenue

Down

$7,850,701

Down $810,930 (-9.4%) from 2019

Expenses

Down

$7,004,403

Down $1,783,338 (-20%) from 2019

Net Income

Up

$846,298

Up $972,408 (+771%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $898,370Liabilities 2011: $256,740Net Assets 2011: $641,6302011Assets 2012: $1,427,863Liabilities 2012: $277,359Net Assets 2012: $1,150,5042012Assets 2013: $1,562,777Liabilities 2013: $252,652Net Assets 2013: $1,310,1252013Assets 2014: $5,343,867Liabilities 2014: $3,583,196Net Assets 2014: $1,760,6712014Assets 2015: $9,547,936Liabilities 2015: $7,708,923Net Assets 2015: $1,839,0132015Assets 2016: $9,389,854Liabilities 2016: $7,437,282Net Assets 2016: $1,952,5722016Assets 2017: $9,380,765Liabilities 2017: $7,572,478Net Assets 2017: $1,808,2872017Assets 2018: $9,589,479Liabilities 2018: $8,254,195Net Assets 2018: $1,335,2842018Assets 2019: $9,348,003Liabilities 2019: $8,138,829Net Assets 2019: $1,209,1742019Assets 2020: $8,906,007Liabilities 2020: $6,850,535Net Assets 2020: $2,055,4722020Assets 2021: $8,798,119Liabilities 2021: $5,914,286Net Assets 2021: $2,883,8332021Assets 2022: $5,781,314Liabilities 2022: $1,235,704Net Assets 2022: $4,545,6102022Assets 2023: $6,356,243Liabilities 2023: $1,835,081Net Assets 2023: $4,521,1622023Assets 2024: $6,526,178Liabilities 2024: $1,384,870Net Assets 2024: $5,141,3082024Assets 2025: $7,590,388Liabilities 2025: $2,365,977Net Assets 2025: $5,224,4112025

Highlighted filing

2020

Assets$8,906,007
Liabilities$6,850,535
Net Assets$2,055,472
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $3,427,954Expenses 2011: $2,803,261Net Income 2011: $624,6932011Revenue 2012: $3,633,699Expenses 2012: $3,017,724Net Income 2012: $615,9752012Revenue 2013: $4,033,403Expenses 2013: $3,827,892Net Income 2013: $205,5112013Revenue 2014: $4,543,677Expenses 2014: $4,093,153Net Income 2014: $450,5242014Revenue 2015: $6,101,943Expenses 2015: $6,023,601Net Income 2015: $78,3422015Revenue 2016: $7,784,756Expenses 2016: $7,671,197Net Income 2016: $113,5592016Revenue 2017: $8,111,336Expenses 2017: $8,255,621Net Income 2017: -$144,2852017Revenue 2018: $8,345,953Expenses 2018: $8,818,956Net Income 2018: -$473,0032018Revenue 2019: $8,661,631Expenses 2019: $8,787,741Net Income 2019: -$126,1102019Revenue 2020: $7,850,701Expenses 2020: $7,004,403Net Income 2020: $846,2982020Revenue 2021: $7,313,954Expenses 2021: $6,485,593Net Income 2021: $828,3612021Revenue 2022: $9,235,633Expenses 2022: $7,573,856Net Income 2022: $1,661,7772022Revenue 2023: $6,560,183Expenses 2023: $6,584,631Net Income 2023: -$24,4482023Revenue 2024: $8,096,389Expenses 2024: $7,476,243Net Income 2024: $620,1462024Revenue 2025: $8,657,268Expenses 2025: $8,531,157Net Income 2025: $126,1112025

Highlighted filing

2020

Revenue$7,850,701
Expenses$7,004,403
Net Income$846,298
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 29, 2021
Return Version
2019v5.1
Gross Receipts
$7,850,701
Mission and Program Overview

Mission

Manara academy will provide students with a creative, adaptive and ethical environment to prepare them to become future leaders of the society. Provide high academic achievement. Firm command of a foreign language. Address the needs of students, their families and their communities by building on the strengths of students' cultural heritage and life experiences to enable them to become successful.

It is our vision to be the pinnacle of knowledge, character, ethics, and community building.(a) teach children to be cognitive, analytical, creative and enthusiastic lifelong learners.(b) teachers are role-models for their students.(c) parents are role-models for their children.(d) senior students are role-models for younger ones.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,085,879$6,858,681▼ $227,198
Pledges and Grants Receivable$1,262,033$1,179,033▼ $83,000
Cash and Non-Interest-Bearing Accounts$815,815$704,676▼ $111,139
Loans From Officers Directors$30,000$0▼ $30,000
Total Assets$9,348,003$8,906,007▼ $441,996
Other Assets Total$184,276$163,617▼ $20,659
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,751,007$5,885,157▼ $865,850
Accounts Payable and Accrued Expenses$1,357,822$965,378▼ $392,444
Total Liabilities$8,138,829$6,850,535▼ $1,288,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,209,174$1,249,274▲ $40,100
Net Assets With Donor Restrictions$0$806,198▲ $806,198
Total Net Assets Fund Balance$1,209,174$2,055,472▲ $846,298
Total Liabilities and Net Assets / Fund Balance$9,348,003$8,906,007▼ $441,996

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,947,101$1,644,098$5,591,199
Land$2,269,354-$2,269,354
Equipment$642,226$24,344$666,570
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fred ClarkeSuperintendentFT$138,222$6,153$144,375
Denise SudanSuperintendentFT$92,844$100$92,944

Board Members and Trustees

NameTitle
Dr Ehap SabriPresident/director
Dr Ali ShaqlaihDirector
Naveed ShariffDirector
Randal ShafferDirector
Jaszeer MohammedSecretary/director
Debbie RichTreasurer/director
Sadak ShaikVice-pres/director
Revenue and Support

Revenue Composition

Contributions and Grants
$7,813,368
Program Service Revenue
$28,325
Investment Income
$0
Other Revenue
$9,008
All Other Contributions
$2,767
Change in Net Assets
$846,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,850,701
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,850,701
Total Revenue per Form 990
$7,850,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,531,831
Other Expenses$2,472,572
Total Fundraising Expense$7,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,845,109$18,717$6,759$3,870,585
Occupancy$974,015$22,695-$996,710
Interest$236,328--$236,328
Current Officers, Directors, Trustees, and Key Employees-$231,066-$231,066
Depreciation Depletion$227,198--$227,198
Pension Plan Contributions$201,065$11,248$438$212,751
Other Employee Benefits$194,802$2,935$169$197,906
Information Technology$159,886--$159,886
Fees for Services Other$104,800$44,529-$149,329
Other Expenses$6,835$69,784-$76,619
Insurance$42,058--$42,058
Payroll Taxes$15,669$3,759$95$19,523
Fees for Services Accounting-$14,380-$14,380
Fees for Services Legal$11,604--$11,604
Travel$2,067$1,041-$3,108
Total Functional Expenses$6,564,184$432,758$7,461$7,004,403

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,004,403
Total Expenses per Audited Statements$7,004,403
Total Expenses per Form 990$7,004,403
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$30,000$0▼ $30,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by outside accountants and reviewed by management. Management provides form 990 to the board of trustees who review then approve the report. The report is then signed by the superintendent.”

Form 990, Part VI, Section B, Line 12C

“The policy is reviewed annually in the governance forms submitted to the state of texas every fall.”

Form 990, Part VI, Section B, Line 15A

“There is a review of financial, and educational audits that are provided by texas education agency (tea) including ceo compensation.”

Form 990, Part VI, Section C, Line 19

“All policies and financial statements are provided to the texas education agency. The texas education agency posts an electronic copy of the audited financial statements on its website for public review.”

Filing and Contact Details

Filer

Filer Name
Manara Academy Inc
EIN
20-5254172
Phone
9723041155
Address
8001 JETSTAR DR NO 100, IRVING, TX 75063

Signing Officer

Name
Denise Sudan
Title
Superintendent
Phone
9723041155
Signed
2021-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ehap Sabri
Formed
2006
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
138
Volunteers
105

Preparer

Firm
Haynie & Company
Address
12222 MERIT DR SUITE 1900, DALLAS, TX 75251
Preparer
Andrew J Moore
Phone
9726615872
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The independent members of the governing board assume responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

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IRS990/MissionDesc0MANARA ACADEMY WILL PROVIDE STUDENTS WITH A CREATIVE, ADAPTIVE AND ETHICAL ENVIRONMENT TO PREPARE THEM TO BECOME FUTURE LEADERS OF THE SOCIETY. PROVIDE HIGH ACADEMIC ACHIEVEMENT. FIRM COMMAND OF A FOREIGN LANGUAGE. ADDRESS THE NEEDS OF STUDENTS, THEIR FAMILIES AND THEIR COMMUNITIES BY BUILDING ON THE STRENGTHS OF STUDENTS' CULTURAL HERITAGE AND LIFE EXPERIENCES TO ENABLE THEM TO BECOME SUCCESSFUL.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt022695
IRS990/OccupancyGrp/ProgramServicesAmt0974015
IRS990/OccupancyGrp/TotalAmt0996710
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0184276
IRS990/OtherAssetsTotalGrp/EOYAmt0163617
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0169
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02935
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0194802
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0197906
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1GENERAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3TUITION AND RELATED FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt169784
IRS990/OtherExpensesGrp/ProgramServicesAmt0242354
IRS990/OtherExpensesGrp/ProgramServicesAmt1188196
IRS990/OtherExpensesGrp/ProgramServicesAmt2112198
IRS990/OtherExpensesGrp/ProgramServicesAmt36835
IRS990/OtherExpensesGrp/TotalAmt0242354
IRS990/OtherExpensesGrp/TotalAmt1200800
IRS990/OtherExpensesGrp/TotalAmt2112198
IRS990/OtherExpensesGrp/TotalAmt376619
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06759
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03845109
IRS990/OtherSalariesAndWagesGrp/TotalAmt03870585
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03759
IRS990/PayrollTaxesGrp/ProgramServicesAmt015669
IRS990/PayrollTaxesGrp/TotalAmt019523
IRS990/PensionPlanContributionsGrp/FundraisingAmt0438
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011248
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0201065
IRS990/PensionPlanContributionsGrp/TotalAmt0212751
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01262033
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01179033
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0EHAP SABRI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028325
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08466864
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03490072
IRS990/PYOtherRevenueAmt046763
IRS990/PYProgramServiceRevenueAmt0148004
IRS990/PYRevenuesLessExpensesAmt0-126110
IRS990/PYSalariesCompEmpBnftPaidAmt05297669
IRS990/PYTotalExpensesAmt08787741
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08661631
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0846298
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09008
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028325
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03947101
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01644098
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05591199
IRS990ScheduleD/EquipmentGrp/BookValueAmt0642226
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024344
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0666570
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07004403
IRS990ScheduleD/LandGrp/BookValueAmt02269354
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02269354
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07850701
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06858681
IRS990ScheduleD/TotalExpensesPerForm990Amt07004403
IRS990ScheduleD/TotalRevenuePerForm990Amt07850701
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07850701
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07004403
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POSTED ON THE SCHOOL WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1MANARA ACADEMY, INC. OPERATES AS A PUBLIC CHARTER SCHOOL IN TEXAS AND, AS SUCH, RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT. MANAGEMENT PROVIDES FORM 990 TO THE BOARD OF TRUSTEES WHO REVIEW THEN APPROVE THE REPORT. THE REPORT IS THEN SIGNED BY THE SUPERINTENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED ANNUALLY IN THE GOVERNANCE FORMS SUBMITTED TO THE STATE OF TEXAS EVERY FALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS A REVIEW OF FINANCIAL, AND EDUCATIONAL AUDITS THAT ARE PROVIDED BY TEXAS EDUCATION AGENCY (TEA) INCLUDING CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED TO THE TEXAS EDUCATION AGENCY. THE TEXAS EDUCATION AGENCY POSTS AN ELECTRONIC COPY OF THE AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE FOR PUBLIC REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE INDEPENDENT MEMBERS OF THE GOVERNING BOARD ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09348003
IRS990/TotalAssetsEOYAmt08906007
IRS990/TotalAssetsGrp/BOYAmt09348003
IRS990/TotalAssetsGrp/EOYAmt08906007
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07813368
IRS990/TotalEmployeeCnt0138
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07461
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0432758
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06564184
IRS990/TotalFunctionalExpensesGrp/TotalAmt07004403
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08138829
IRS990/TotalLiabilitiesEOYAmt06850535
IRS990/TotalLiabilitiesGrp/BOYAmt08138829
IRS990/TotalLiabilitiesGrp/EOYAmt06850535
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01209174
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02055472
IRS990/TotalOtherCompensationAmt06253
IRS990/TotalProgramServiceExpensesAmt06564184
IRS990/TotalProgramServiceRevenueAmt028325
IRS990/TotalReportableCompFromOrgAmt0231066
IRS990/TotalRevenueGrp/ExclusionAmt09008
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028325
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07850701
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0105
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09348003
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08906007
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01041
IRS990/TravelGrp/ProgramServicesAmt02067
IRS990/TravelGrp/TotalAmt03108
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08001 JETSTAR DR NO 100
IRS990/USAddress/CityNm0IRVING
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075063
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0MANARAACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE SUDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09723041155
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MANARA ACADEMY INC

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,906,007
Liabilities
$6,850,535
Net assets
$2,055,472
Revenue
$7,850,701
Expenses
$7,004,403
Net income
$846,298
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.59$2.37$5.22$8.66$8.53$0.13
2024Detailed filing. Detailed filing data is available for this year.$6.53$1.38$5.14$8.10$7.48$0.62
2023Detailed filing. Detailed filing data is available for this year.$6.36$1.84$4.52$6.56$6.58$0.02
2022Detailed filing. Detailed filing data is available for this year.$5.78$1.24$4.55$9.24$7.57$1.66
2021Detailed filing. Detailed filing data is available for this year.$8.80$5.91$2.88$7.31$6.49$0.83
2020Detailed filing. Detailed filing data is available for this year.$8.91$6.85$2.06$7.85$7.00$0.85
2019Detailed filing. Detailed filing data is available for this year.$9.35$8.14$1.21$8.66$8.79$0.13
2018Detailed filing. Detailed filing data is available for this year.$9.59$8.25$1.34$8.35$8.82$0.47
2017Detailed filing. Detailed filing data is available for this year.$9.38$7.57$1.81$8.11$8.26$0.14
2016Detailed filing. Detailed filing data is available for this year.$9.39$7.44$1.95$7.78$7.67$0.11
2015Detailed filing. Detailed filing data is available for this year.$9.55$7.71$1.84$6.10$6.02$0.08
2014Summary only. Only limited summary data is available for this year.$5.34$3.58$1.76$4.54$4.09$0.45
2013Summary only. Only limited summary data is available for this year.$1.56$0.25$1.31$4.03$3.83$0.21
2012Summary only. Only limited summary data is available for this year.$1.43$0.28$1.15$3.63$3.02$0.62
2011Summary only. Only limited summary data is available for this year.$0.90$0.26$0.64$3.43$2.80$0.62