Civic Intelligence

Marion P Thomas Charter High School Education Association a Nj Nonprof

990 • Fiscal year 2014 • EIN 22-3531113

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 12, 2015

Organization Profilewww.mptcs.org
370 South 7th Street07103

(973) 621-0060

Siviq Scores

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

Liabilities / Assets

59th percentile

0.36x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

27th percentile

0.08x

Higher debt load relative to revenue than 27% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Net Margin

69th percentile

9.3%

Higher net margin than 69% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

54th percentile

$171,932

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Asset Growth

94th percentile

52%

Faster asset growth than 94% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$2,939,825

Up $1,005,604 (+52%) from 2013

Net Assets

Up

$1,869,034

Up $1,252,488 (+203%) from 2013

Liabilities

Down

$1,070,791

Down $246,884 (-19%) from 2013

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin69th percentile

Revenue

$13,397,188

No earlier filing loaded for comparison.

Expenses

Up

$12,144,700

Up $942,732 (+8.4%) from 2013

Net Income

$1,252,488

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2011: $1,344,602Liabilities 2011: $793,762Net Assets 2011: $550,8402011Assets 2012: $906,321Liabilities 2012: $642,991Net Assets 2012: $263,3302012Assets 2013: $1,934,221Liabilities 2013: $1,317,675Net Assets 2013: $616,5462013Assets 2014: $2,939,825Liabilities 2014: $1,070,791Net Assets 2014: $1,869,0342014Assets 2015: $8,511,869Liabilities 2015: $6,221,963Net Assets 2015: $2,289,9062015Assets 2016: $9,780,110Liabilities 2016: $7,963,988Net Assets 2016: $1,816,1222016Assets 2017: $10,646,371Liabilities 2017: $11,961,219Net Assets 2017: -$1,314,8482017Assets 2018: $10,066,273Liabilities 2018: $15,049,061Net Assets 2018: -$4,982,7882018Assets 2019: $13,404,400Liabilities 2019: $19,588,518Net Assets 2019: -$6,184,1182019Assets 2020: $13,996,954Liabilities 2020: $20,380,208Net Assets 2020: -$6,383,2542020Assets 2021: $17,560,259Liabilities 2021: $22,362,104Net Assets 2021: -$4,801,8452021Assets 2022: $31,516,321Liabilities 2022: $29,190,225Net Assets 2022: $2,326,0962022Assets 2023: $19,525,163Liabilities 2023: $1,006,663Net Assets 2023: $18,518,5002023

Highlighted filing

2014

Assets$2,939,825
Liabilities$1,070,791
Net Assets$1,869,034
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0-$20MExpenses 2011: $9,524,4572011Expenses 2012: $11,041,5902012Expenses 2013: $11,201,9682013Revenue 2014: $13,397,188Expenses 2014: $12,144,700Net Income 2014: $1,252,4882014Revenue 2015: $23,464,517Expenses 2015: $21,717,891Net Income 2015: $1,746,6262015Revenue 2016: $26,017,384Expenses 2016: $26,491,168Net Income 2016: -$473,7842016Revenue 2017: $28,188,625Expenses 2017: $31,319,595Net Income 2017: -$3,130,9702017Revenue 2018: $31,201,177Expenses 2018: $34,869,117Net Income 2018: -$3,667,9402018Revenue 2019: $35,388,479Expenses 2019: $36,589,809Net Income 2019: -$1,201,3302019Revenue 2020: $35,303,797Expenses 2020: $35,502,933Net Income 2020: -$199,1362020Revenue 2021: $37,041,604Expenses 2021: $35,485,200Net Income 2021: $1,556,4042021Revenue 2022: $43,062,116Expenses 2022: $35,250,593Net Income 2022: $7,811,5232022Revenue 2023: $41,357,127Expenses 2023: $37,456,344Net Income 2023: $3,900,7832023

Highlighted filing

2014

Revenue$13,397,188
Expenses$12,144,700
Net Income$1,252,488
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 12, 2015
Return Version
2013v4.0
Gross Receipts
$13,397,188
Mission and Program Overview

Mission

The charter schools mission is to prepare newarks next generation of children to be intelectually, emotionally, socially and financially responsible citizens.

Marion P. Thomas Charter School, Inc. (the "Charter School") serves as a neighborhood resource as a model for other similar schools. It provides education to students from Pre-K through 8th Grade in a newly expanded school campus with smaller class sizes, extended learning program, after school in all levels for the gifted and talented, integration of technology in every subject, and breakfast/lunch programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$951,879$1,562,853▲ $610,974
Accounts Receivable$918,689$1,168,651▲ $249,962
Land, Buildings, and Equipment, Net$38,653$141,352▲ $102,699
Savings and Temporary Cash Investments-$41,969-
Total Assets$1,934,221$2,939,825▲ $1,005,604
Other Assets Total$25,000$25,000→ $0
Liabilities
Other Liabilities$868,875$645,930▼ $222,945
Accounts Payable and Accrued Expenses$421,241$344,972▼ $76,269
Deferred Revenue$27,559$79,889▲ $52,330
Total Liabilities$1,317,675$1,070,791▼ $246,884
Net Assets / Fund Balance
Unrestricted Net Assets$616,546$1,869,034▲ $1,252,488
Total Net Assets Fund Balance$616,546$1,869,034▲ $1,252,488
Total Liabilities and Net Assets / Fund Balance$1,934,221$2,939,825▲ $1,005,604

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$138,474$440,820$579,294
Equipment$2,878$437,550$440,428
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Karen ThomasSuperindentent/Asst.Sec.FT$159,456$12,476$171,932
Remi DabneyPrincipalFT$124,460$10,252$134,712
John Gamble JrPrincipalFT$121,488$13,027$134,515
Femi AmorinSch.Bus.Adm/Board Sec.FT$92,692$10,664$103,356

Board Members and Trustees

NameTitle
Amelita McDowellChair
Linda ForeVice-Chair
Brian HankersonMember
David BlountMember
Gregory CollinsMember
Kema RobertsMember
Lesley LeslieMember
Mary Cato startingMember
Vincent RouseMember
Revenue and Support

Revenue Composition

Contributions and Grants
$2,883,988
Program Service Revenue
$10,508,055
Investment Income
$0
Other Revenue
$5,145
All Other Contributions
$215,300
Change in Net Assets
$1,252,488

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,397,188
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,397,188
Total Revenue per Form 990
$13,397,188
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,324,596
Other Expenses$3,820,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,847,241$479,640-$5,326,881
Other Employee Benefits$1,414,523$313,793-$1,728,316
Occupancy$1,560,045--$1,560,045
Fees for Services Other$373,403$337,051-$710,454
Current Officers, Directors, Trustees, and Key Employees-$545,606-$545,606
Payroll Taxes$359,208$91,751-$450,959
Pension Plan Contributions$217,312$55,522-$272,834
Office Expenses-$173,552-$173,552
Fees for Services Legal-$57,249-$57,249
All Other Expenses$35,090--$35,090
Other Expenses$26,803$5,617-$26,803
Fees for Services Accounting-$24,500-$24,500
Insurance$20,706--$20,706
Depreciation Depletion$12,201--$12,201
Interest-$8,074-$8,074
Total Functional Expenses$10,052,345$2,092,355$0$12,144,700

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,144,700
Total Expenses per Audited Statements$12,144,700
Total Expenses per Form 990$12,144,700
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intergovernmental payables$310,082
Interfund payable (internal)$200,142
Compensated absences$135,706
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 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
Yes
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 11

“The draft Form 990 is initially reviewed by the CEO and School Business Administrator. Once reviewed and comments addressed, a copy via e-mail is provided to the Chair of the Finance Committee and Board members for review and approval for filing.”

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

“The board members and key employes are required to complete an annual disclosure form indicating any conflict of interest or arrangements that could give rise to a conflict. Completed questionnaires are reviewed by the board. Any member that has a conflict of interest is not allowed to vote on any matter that is related to the conflict.”

Form 990, Part VI, Section B, line 15

“Compensation of mptcs ceo and key employees (principal, sba) are based on qualifications, salary information of the same position in the school or similar entities in the area. The board reviews and approves compensation information for key and all other employees of the charter school.”

Form 990, Part VI, Section C, line 19

“The Charter School makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the School Business Office located at 370 South 7th Street, Newark, NJ 07103 or by calling (973)621-0060. The Charter School's Form 990 is available for public inspection at www.guidestar.org or at the School Business Office upon request.”

Filing and Contact Details

Filer

EIN
22-3531113
Phone
9736210060

Signing Officer

Name
Dr Karen Young Thomas
Title
Chief Execofficer/superintendent
Phone
9736210060
Signed
2015-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drkaren Young Thomas
Formed
1997
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
8
Employees
324
Volunteers
8

Preparer

Preparer
Leonora Galleroscpa
Phone
7324622020
Supplemental Narrative

Additional Explanations

Form 990, XII Line 2C

“The process of selecting independent auditor has not changed from prior year.”

Financial Statement Notes

Part X, Line 2:

“The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2011.”

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IRS990/Form990PartVIISectionAGrp/PersonNm12John Gamble Jr
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IRS990/MissionDesc0The Charter School's mission is to prepare Newark's next generation of children to be intellectually, emotionally, socially and financially responsible citizens.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0616546
IRS990/NetAssetsOrFundBalancesEOYAmt01869034
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01560045
IRS990/OccupancyGrp/TotalAmt01560045
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0173552
IRS990/OfficeExpensesGrp/TotalAmt0173552
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025000
IRS990/OtherAssetsTotalGrp/EOYAmt025000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0313793
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01414523
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01728316
IRS990/OtherExpensesGrp/Desc0Instructional support,
IRS990/OtherExpensesGrp/Desc1Food Services
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Field trips
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05617
IRS990/OtherExpensesGrp/ProgramServicesAmt0569637
IRS990/OtherExpensesGrp/ProgramServicesAmt1537825
IRS990/OtherExpensesGrp/ProgramServicesAmt278351
IRS990/OtherExpensesGrp/ProgramServicesAmt326803
IRS990/OtherExpensesGrp/TotalAmt0569637
IRS990/OtherExpensesGrp/TotalAmt1537825
IRS990/OtherExpensesGrp/TotalAmt283968
IRS990/OtherExpensesGrp/TotalAmt326803
IRS990/OtherLiabilitiesGrp/BOYAmt0868875
IRS990/OtherLiabilitiesGrp/EOYAmt0645930
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt05145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05145
IRS990/OtherRevenueTotalAmt05145
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0479640
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04847241
IRS990/OtherSalariesAndWagesGrp/TotalAmt05326881
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt091751
IRS990/PayrollTaxesGrp/ProgramServicesAmt0359208
IRS990/PayrollTaxesGrp/TotalAmt0450959
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt055522
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0217312
IRS990/PensionPlanContributionsGrp/TotalAmt0272834
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DRKAREN YOUNG THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0PER CAPITAL AID
IRS990/ProgramServiceRevenueGrp/Desc1AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010442830
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159553
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010442830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25672
IRS990/ProgSrvcAccomActy2Grp/Desc0The Charter School provided nutritionally balanced, low cost or free meals to children each school day through its Breakfast and Lunch Programs. The Programs are federally and state assisted.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0537825
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0517634
IRS990/ProgSrvcAccomActy3Grp/Desc0The Charter School implemented the No Child Left Behind Program. This program was enacted by Congress to reauthorize the elementary and secondary education Act with major focus on providing all children with fair, equal and significant opportunity to have a high quality education though enrichment activities.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0496812
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02842165
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03498606
IRS990/PYOtherRevenueAmt08200
IRS990/PYProgramServiceRevenueAmt08704819
IRS990/PYRevenuesLessExpensesAmt0353216
IRS990/PYSalariesCompEmpBnftPaidAmt07703362
IRS990/PYTotalExpensesAmt011201968
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011555184
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01252488
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09990421
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041969
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019414599
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02878
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0437550
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0440428
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012144700
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0138474
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0440820
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0579294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0310082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1135706
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2200142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intergovernmental payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interfund payable (internal)
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013397188
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt012144700
IRS990ScheduleD/TotalLiabilityAmt0645930
IRS990ScheduleD/TotalRevenuePerForm990Amt013397188
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013397188
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012144700
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
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/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0MPTCS IS A CHARTER SCHOOL AND THEREFORE NOT SUBJECT TO THE RACIAL NONDISCRIMINATION PROVISIONS OF REV. PROC. 75-50 1975-2 C.B. 587.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1MPTCS IS A CHARTER SCHOOL IN THE STATE OF NEW JERSEY. AS A CHARTER SCHOOL, ITS OPERATING REVENUE SOURCES INCLUDE STATE AID AND LOCAL LEVY BASED ON ENROLLMENT, FEDERAL AWARDS AND STATE FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2MPTCS IS A CHARTER SCHOOL AND THEREFORE NOT SUBJECT TO THE RACIAL NONDISCRIMINATION PROVISIONS OF REV. PROC. 75-50 1975-2 C.B. 587.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Part I, Line 7
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159456
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012476
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dr Karen Thomas
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Superindentent/Asst.Sec.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0171932
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,939,825
Liabilities
$1,070,791
Net assets
$1,869,034
Revenue
$13,397,188
Expenses
$12,144,700
Net income
$1,252,488
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$19.5$1.01$18.5$41.4$37.5$3.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.5$29.2$2.33$43.1$35.3$7.81
2021Summary only. Only limited summary data is available for this year.$17.6$22.4$4.80$37.0$35.5$1.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$20.4$6.38$35.3$35.5$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$19.6$6.18$35.4$36.6$1.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$15.0$4.98$31.2$34.9$3.67
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$12.0$1.31$28.2$31.3$3.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$7.96$1.82$26.0$26.5$0.47
2015Detailed filing. Detailed filing data is available for this year.$8.51$6.22$2.29$23.5$21.7$1.75
2014Detailed filing. Detailed filing data is available for this year.$2.94$1.07$1.87$13.4$12.1$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.32$0.62$11.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.64$0.26$11.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.79$0.55$9.52
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