Civic Intelligence

Manchester Academic Charter School

EIN 23-2952364 • 501(c)3 • Pittsburgh, PA

Profile

The manchester academic charter school has operated as an independent charter school since 1998, with strong roots in the manchester community reaching back over 40 years.

1214 Liverpool StreetPittsburgh, PA 15233

www.macsk8.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.60x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

1.02x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

29th percentile

-2.3%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$266,240

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

27th percentile

-1.9%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-10%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$17,828,185

Down $341,497 (-1.9%) from 2023

Liabilities

Down

$10,620,740

Down $101,816 (-0.9%) from 2023

Net Assets

Down

$7,207,445

Down $239,681 (-3.2%) from 2023

Revenue

Down

$10,397,116

Down $1,163,822 (-10%) from 2023

Expenses

Up

$10,636,797

Up $575,009 (+5.7%) from 2023

Net Income

Down

-$239,681

Down $1,738,831 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $1,878,765Liabilities 2011: $593,668Net Assets 2011: $1,285,0972011Assets 2012: $1,825,698Liabilities 2012: $622,353Net Assets 2012: $1,203,3452012Assets 2013: $2,049,892Liabilities 2013: $582,148Net Assets 2013: $1,467,7442013Assets 2014: $1,707,457Liabilities 2014: $640,155Net Assets 2014: $1,067,3022014Assets 2015: $2,114,529Liabilities 2015: $707,450Net Assets 2015: $1,407,0792015Assets 2016: $3,115,798Liabilities 2016: $866,080Net Assets 2016: $2,249,7182016Assets 2017: $3,383,930Liabilities 2017: $899,422Net Assets 2017: $2,484,5082017Assets 2018: $4,866,928Liabilities 2018: $968,744Net Assets 2018: $3,898,1842018Assets 2019: $7,057,505Liabilities 2019: $1,301,361Net Assets 2019: $5,756,1442019Assets 2020: $8,117,510Liabilities 2020: $1,355,629Net Assets 2020: $6,761,8812020Assets 2021: $8,539,454Liabilities 2021: $1,672,463Net Assets 2021: $6,866,9912021Assets 2022: $7,418,308Liabilities 2022: $1,470,332Net Assets 2022: $5,947,9762022Assets 2023: $18,169,682Liabilities 2023: $10,722,556Net Assets 2023: $7,447,1262023Assets 2024: $17,828,185Liabilities 2024: $10,620,740Net Assets 2024: $7,207,4452024

Highlighted filing

2024

Assets$17,828,185
Liabilities$10,620,740
Net Assets$7,207,445

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,762,668Expenses 2011: $3,633,607Net Income 2011: $129,0612011Revenue 2012: $3,898,708Expenses 2012: $3,980,460Net Income 2012: -$81,7522012Revenue 2013: $4,673,629Expenses 2013: $4,409,230Net Income 2013: $264,3992013Revenue 2014: $4,371,140Expenses 2014: $4,771,582Net Income 2014: -$400,4422014Revenue 2015: $5,107,398Expenses 2015: $4,767,621Net Income 2015: $339,7772015Revenue 2016: $5,950,914Expenses 2016: $5,108,275Net Income 2016: $842,6392016Revenue 2017: $6,086,170Expenses 2017: $5,851,380Net Income 2017: $234,7902017Revenue 2018: $7,895,542Expenses 2018: $6,481,866Net Income 2018: $1,413,6762018Revenue 2019: $9,512,123Expenses 2019: $7,654,163Net Income 2019: $1,857,9602019Revenue 2020: $9,319,569Expenses 2020: $8,313,832Net Income 2020: $1,005,7372020Revenue 2021: $8,630,501Expenses 2021: $8,525,391Net Income 2021: $105,1102021Revenue 2022: $8,885,027Expenses 2022: $9,804,042Net Income 2022: -$919,0152022Revenue 2023: $11,560,938Expenses 2023: $10,061,788Net Income 2023: $1,499,1502023Revenue 2024: $10,397,116Expenses 2024: $10,636,797Net Income 2024: -$239,6812024

Highlighted filing

2024

Revenue$10,397,116
Expenses$10,636,797
Net Income-$239,681

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$10.6$7.21$10.4$10.6$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$10.7$7.45$11.6$10.1$1.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$1.47$5.95$8.89$9.80$0.92
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.54$1.67$6.87$8.63$8.53$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.12$1.36$6.76$9.32$8.31$1.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.06$1.30$5.76$9.51$7.65$1.86
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.97$3.90$7.90$6.48$1.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$0.90$2.48$6.09$5.85$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.12$0.87$2.25$5.95$5.11$0.84
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.71$1.41$5.11$4.77$0.34
2014Summary only. Only limited summary data is available for this year.$1.71$0.64$1.07$4.37$4.77$0.40
2013Summary only. Only limited summary data is available for this year.$2.05$0.58$1.47$4.67$4.41$0.26
2012Summary only. Only limited summary data is available for this year.$1.83$0.62$1.20$3.90$3.98$0.08
2011Summary only. Only limited summary data is available for this year.$1.88$0.59$1.29$3.76$3.63$0.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$8,885,027
Mission and Program Overview

Mission

The manchester academic charter school has operated as an independent charter school since 1998, with strong roots in the manchester community reaching back over 40 years. At macs, education is our first priority. We believe that every child can succeed in the classroom and in life, and work hard to ensure that all of our students receive a strong educational foundation. Rigorous academics. The macs curriculum is carefully aligned to pennsylvania state standards and common core standards, and emphasizes mastery of key academic subjects. Our experienced teachers are trained in many teaching strategies, including questioning the author, text talk and writing workshop. Hands-on learning. Macs teachers bring lessons to life with creative activities that inspire and educate. Whether it's participating in a mock trial presentation in a downtown courtroom, identifying phases of the moon with oreo cookies, or doing yoga to understand principles of geometry, our students learn by engaging and e

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,242,896$3,112,829▼ $130,067
Savings and Temporary Cash Investments$3,660,024$2,164,830▼ $1,495,194
Accounts Receivable$906,544$1,417,571▲ $511,027
Prepaid Expenses and Deferred Charges$729,990$723,078▼ $6,912
Total Assets$8,539,454$7,418,308▼ $1,121,146
Liabilities
Accounts Payable and Accrued Expenses$1,413,925$1,249,762▼ $164,163
Deferred Revenue$190,868$201,704▲ $10,836
Other Liabilities$67,670$18,866▼ $48,804
Total Liabilities$1,672,463$1,470,332▼ $202,131
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,280,206$5,480,415▼ $799,791
Net Assets With Donor Restrictions$586,785$467,561▼ $119,224
Total Net Assets Fund Balance$6,866,991$5,947,976▼ $919,015
Total Liabilities and Net Assets / Fund Balance$8,539,454$7,418,308▼ $1,121,146

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,979,529$587,715$2,567,244
Equipment$672,672$704,716$1,377,388
Land$460,628-$460,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vasilios ScoumisChief Executive OfficerFT$206,619$83,459$290,078

Board Members and Trustees

NameTitle
Larry BergerBoard Chair
Tyra L GoodBoard Secretary
Jason R FarmakisBoard Treasurer
Allen RobinsonDirector
Carlton F WatsonDirector
Erin CurgesDirector
Isabel BeckDirector
James J BrowneDirector
James Robinson JrDirector
Leslie Green KittenbrinkDirector
Will ThompkinsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,374,966
Program Service Revenue
$7,508,133
Investment Income
$1,928
Other Revenue
$0
All Other Contributions
$137,741
Change in Net Assets
$-919,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,885,027
Total Revenue per Audited Statements
$8,885,027
Total Revenue per Form 990
$8,885,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,447,955
Other Expenses$3,341,612
Total Fundraising Expense$56,192
Professional Fundraising Fees$14,475
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,589,843$437,886$17,429$4,045,158
Pension Plan Contributions$1,247,210$123,322$5,978$1,376,510
Occupancy$974,309$108,257-$1,082,566
Fees for Services Other$663,076$60,935$10,036$734,047
Other Employee Benefits$402,023$45,930$1,903$449,856
Depreciation Depletion$364,142$40,461-$404,603
Current Officers, Directors, Trustees, and Key Employees$124,734$165,344-$290,078
Payroll Taxes$252,661$32,510$1,182$286,353
Travel$91,049$30,346-$121,395
Conferences and Meetings$101,442--$101,442
Fees for Services Accounting-$95,847-$95,847
Other Expenses$73,642$8,182$5,189$81,824
Insurance$42,402$4,711-$47,113
All Other Expenses$15,890$11,975-$27,865
Fees for Services Legal-$23,878-$23,878
Fees for Services Professional Fundraising--$14,475$14,475
Total Functional Expenses$8,557,696$1,190,154$56,192$9,804,042

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,804,042
Total Expenses per Audited Statements$9,804,042
Total Expenses per Form 990$9,804,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$14,475
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$18,866
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 governing body review Part VI line 11

An ad hoc committee is charged with reviewing and approving the audit report and form 990. The committee performs a detailed review of both the audit and form 990, and makes a recommendation to the full board for approval after the committee is satisfied with the accuracy and completeness of the audit and form 990.

Conflict of interest policy compliance Part VI line 12C

All board members are required to sign an annual conflict of interest statement, certifying that they are in compliance with the organizations conflict of interest policy. If a potential conflict is identified at an interim period, the parties are asked to review the conflict of interest policy and re-certify his/her compliance with the same.

CEO executive director top management comp Part VI line 15A

An ad hoc committee is charged with an annual review of the chief administrative officer. This committee determines any adjustment to compensation of the cao. Their decision is based on a performance review and comparison of compensation of caos of similar organizations.

Governing documents etc available to public Part VI line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Manchester Academic Charter School
EIN
23-2952364
Address
1214 LIVERPOOL STREET, PITTSBURGH, PA 15233

Signing Officer

Name
Vasilios Scoumis
Title
Chief Executive
Phone
4123220585
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vasilios Scoumis
Formed
1998
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
93
Volunteers
11

Preparer

Firm
J Scott Mazur CPA
Address
432 GREEN STREET, SEWICKLEY, PA 15143
Preparer
J Scott Mazur CPA
Phone
4127418090
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990 - organizations missionthe manchester academic charter school has operated as an independent charter school since 1998, with strong roots in the manchester community reaching back over 40 years.at macs, education is our first priority. We believe that every child can succeed in the classroom and in life, and work hard to ensure that all of our students receive a strong educational foundation.rigorous academics: the macs curriculum is carefully aligned to pennsylvania state standards and common core standards, and emphasizes mastery of key academic subjects. Our experienced teachers are trained in many teaching strategies, including questioning the author, text talk and writing workshop.hands-on learning: macs teachers bring lessons to life with creative activities that inspire and educate. Whether its participating in a mock trial presentation in a downtown courtroom, identifying phases of the moon with oreo cookies, or doing yoga to understand principles of geometry, our students learn by engaging and exploring.family involvement: macs recognizes the important role that family plays in a childs education. We provide many opportunities for parents and others to get involved in school life, from pto fundraisers to classroom volunteering to monthly family nights. Macs family nights are special monthly get-togethers, themed according to subjects that bring teachers, students and parents together to learn and have fun.extracurricular enrichment: with neighborhood clean-ups to celebrate earth day, visits to the pumpkin patch to learn about biology and ecology, career days, and lots of other activities, a macs education is full of unique opportunities for students to learn and have fun.technology integration: our high-tech school environment includes computers in every classroom, laptops for every middle school student, a wireless facility and mobile ipad and notebook labs. Students with an interest in technology can take classes in digital music or join our robotics team.

Raw XML AppendixShowing 400 of 475 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN AD HOC COMMITTEE IS CHARGED WITH REVIEWING AND APPROVING THE AUDIT REPORT AND FORM 990. THE COMMITTEE PERFORMS A DETAILED REVIEW OF BOTH THE AUDIT AND FORM 990, AND MAKES A RECOMMENDATION TO THE FULL BOARD FOR APPROVAL AFTER THE COMMITTEE IS SATISFIED WITH THE ACCURACY AND COMPLETENESS OF THE AUDIT AND FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT, CERTIFYING THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATIONS CONFLICT OF INTEREST POLICY. IF A POTENTIAL CONFLICT IS IDENTIFIED AT AN INTERIM PERIOD, THE PARTIES ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND RE-CERTIFY HIS/HER COMPLIANCE WITH THE SAME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN AD HOC COMMITTEE IS CHARGED WITH AN ANNUAL REVIEW OF THE CHIEF ADMINISTRATIVE OFFICER. THIS COMMITTEE DETERMINES ANY ADJUSTMENT TO COMPENSATION OF THE CAO. THEIR DECISION IS BASED ON A PERFORMANCE REVIEW AND COMPARISON OF COMPENSATION OF CAOS OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 - ORGANIZATIONS MISSIONTHE MANCHESTER ACADEMIC CHARTER SCHOOL HAS OPERATED AS AN INDEPENDENT CHARTER SCHOOL SINCE 1998, WITH STRONG ROOTS IN THE MANCHESTER COMMUNITY REACHING BACK OVER 40 YEARS.AT MACS, EDUCATION IS OUR FIRST PRIORITY. WE BELIEVE THAT EVERY CHILD CAN SUCCEED IN THE CLASSROOM AND IN LIFE, AND WORK HARD TO ENSURE THAT ALL OF OUR STUDENTS RECEIVE A STRONG EDUCATIONAL FOUNDATION.RIGOROUS ACADEMICS: THE MACS CURRICULUM IS CAREFULLY ALIGNED TO PENNSYLVANIA STATE STANDARDS AND COMMON CORE STANDARDS, AND EMPHASIZES MASTERY OF KEY ACADEMIC SUBJECTS. OUR EXPERIENCED TEACHERS ARE TRAINED IN MANY TEACHING STRATEGIES, INCLUDING QUESTIONING THE AUTHOR, TEXT TALK AND WRITING WORKSHOP.HANDS-ON LEARNING: MACS TEACHERS BRING LESSONS TO LIFE WITH CREATIVE ACTIVITIES THAT INSPIRE AND EDUCATE. WHETHER ITS PARTICIPATING IN A MOCK TRIAL PRESENTATION IN A DOWNTOWN COURTROOM, IDENTIFYING PHASES OF THE MOON WITH OREO COOKIES, OR DOING YOGA TO UNDERSTAND PRINCIPLES OF GEOMETRY, OUR STUDENTS LEARN BY ENGAGING AND EXPLORING.FAMILY INVOLVEMENT: MACS RECOGNIZES THE IMPORTANT ROLE THAT FAMILY PLAYS IN A CHILDS EDUCATION. WE PROVIDE MANY OPPORTUNITIES FOR PARENTS AND OTHERS TO GET INVOLVED IN SCHOOL LIFE, FROM PTO FUNDRAISERS TO CLASSROOM VOLUNTEERING TO MONTHLY FAMILY NIGHTS. MACS FAMILY NIGHTS ARE SPECIAL MONTHLY GET-TOGETHERS, THEMED ACCORDING TO SUBJECTS THAT BRING TEACHERS, STUDENTS AND PARENTS TOGETHER TO LEARN AND HAVE FUN.EXTRACURRICULAR ENRICHMENT: WITH NEIGHBORHOOD CLEAN-UPS TO CELEBRATE EARTH DAY, VISITS TO THE PUMPKIN PATCH TO LEARN ABOUT BIOLOGY AND ECOLOGY, CAREER DAYS, AND LOTS OF OTHER ACTIVITIES, A MACS EDUCATION IS FULL OF UNIQUE OPPORTUNITIES FOR STUDENTS TO LEARN AND HAVE FUN.TECHNOLOGY INTEGRATION: OUR HIGH-TECH SCHOOL ENVIRONMENT INCLUDES COMPUTERS IN EVERY CLASSROOM, LAPTOPS FOR EVERY MIDDLE SCHOOL STUDENT, A WIRELESS FACILITY AND MOBILE IPAD AND NOTEBOOK LABS. STUDENTS WITH AN INTEREST IN TECHNOLOGY CAN TAKE CLASSES IN DIGITAL MUSIC OR JOIN OUR ROBOTICS TEAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
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