Civic Intelligence

Manchester Academic Charter School

990 • Fiscal year 2019 • EIN 23-2952364

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

1214 Liverpool StreetPittsburgh, PA 15233

(412) 322-0585

Siviq Scores

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

Liabilities / Assets

54th percentile

0.18x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$255,848

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

92nd percentile

45%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

20%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,057,505

Up $2,190,577 (+45%) from 2018

Net Assets

Up

$5,756,144

Up $1,857,960 (+48%) from 2018

Liabilities

Up

$1,301,361

Up $332,617 (+34%) from 2018

Revenue

Up

$9,512,123

Up $1,616,581 (+20%) from 2018

Expenses

Up

$7,654,163

Up $1,172,297 (+18%) from 2018

Net Income

Up

$1,857,960

Up $444,284 (+31%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$7,057,505
Liabilities$1,301,361
Net Assets$5,756,144

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$9,512,123
Expenses$7,654,163
Net Income$1,857,960
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.1
Gross Receipts
$9,512,123
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$634,536$2,676,533▲ $2,041,997
Land, Buildings, and Equipment, Net$1,527,308$2,312,978▲ $785,670
Savings and Temporary Cash Investments$2,601,356$1,281,841▼ $1,319,515
Prepaid Expenses and Deferred Charges$103,728$786,153▲ $682,425
Total Assets$4,866,928$7,057,505▲ $2,190,577
Liabilities
Accounts Payable and Accrued Expenses$863,031$1,060,626▲ $197,595
Other Liabilities-$124,294-
Deferred Revenue$105,713$116,441▲ $10,728
Total Liabilities$968,744$1,301,361▲ $332,617
Net Assets / Fund Balance
Unrestricted Net Assets$2,899,784$3,957,776▲ $1,057,992
Temporarily Rstr Net Assets$998,400$1,798,368▲ $799,968
Total Net Assets Fund Balance$3,898,184$5,756,144▲ $1,857,960
Total Liabilities and Net Assets / Fund Balance$4,866,928$7,057,505▲ $2,190,577

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,619,621$62,810$1,682,431
Equipment$232,729$232,319$465,048
Land$460,628-$460,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vasilios ScoumisChief Executive OfficerFT$185,812$70,036$255,848

Board Members and Trustees

NameTitle
Larry BergerBoard Chair
Richard GarlandVice President
Tyra L GoodBoard Secretary
Jason R FarmakisBoard Treasurer
Allen RobinsonDirector
Betty H RobinsonDirector
Carlton F WatsonDirector
Isabel BeckDirector
James J BrowneDirector
Janae K DandridgeDirector
Jocelyn HornerDirector
Leslie Green KittenbrinkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,587,916
Program Service Revenue
$6,904,777
Investment Income
$19,430
Other Revenue
$0
All Other Contributions
$2,082,184
Change in Net Assets
$1,857,960

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,512,123
Total Revenue per Audited Statements
$9,512,123
Total Revenue per Form 990
$9,512,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,796,204
Other Expenses$2,795,679
Total Fundraising Expense$88,855
Professional Fundraising Fees$62,280
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,669,471$301,952$18,500$2,989,923
Pension Plan Contributions$901,614$71,774$5,181$978,569
Occupancy$813,505$90,390-$903,895
Fees for Services Other$642,059$104,017-$746,076
Other Employee Benefits$287,786$28,420$1,628$317,834
Current Officers, Directors, Trustees, and Key Employees$110,015$145,833-$255,848
Payroll Taxes$226,716$26,048$1,266$254,030
Conferences and Meetings$147,522--$147,522
Travel$104,648$28,609-$133,257
Fees for Services Accounting-$89,000-$89,000
Fees for Services Professional Fundraising--$62,280$62,280
Insurance$55,295$6,144-$61,439
Other Expenses$52,117$5,791-$57,908
Depreciation Depletion$52,104$5,789-$57,893
Information Technology$33,317--$33,317
Fees for Services Legal-$30,315-$30,315
All Other Expenses$12,368$16,934-$29,302
Total Functional Expenses$6,593,410$971,898$88,855$7,654,163

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,654,163
Total Expenses per Audited Statements$7,654,163
Total Expenses per Form 990$7,654,163
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$62,280
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$124,294
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
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 Administr
Phone
4123220585
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vasilios Scoumis
Formed
1998
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
78
Volunteers
12

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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER
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IRS990/OtherExpensesGrp/TotalAmt357908
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01266
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026048
IRS990/PayrollTaxesGrp/ProgramServicesAmt0226716
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0901614
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE SCHOOL CONDUCTED A FEASIBILITY STUDY TO INVESTIGATE EXPANSION OF PROGRAM OFFERINGS AND BUILDING FACILITIES.
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01743698
IRS990/PYExcessBenefitTransInd0false
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IRS990/QuidProQuoContributionsInd0true
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01857960
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt02601356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01281841
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
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0232729
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0232319
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0465048
IRS990ScheduleD/ExpensesSubtotalAmt07654163
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0460628
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt062810
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01682431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0124294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/RevenueSubtotalAmt09512123
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02312978
IRS990ScheduleD/TotalExpensesPerForm990Amt07654163
IRS990ScheduleD/TotalLiabilityAmt0124294
IRS990ScheduleD/TotalRevenuePerForm990Amt09512123
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0PITTSBURGH
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IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
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IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt061114
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VASILIOS SCOUMIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER

Document Assets

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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
2019Detailed filing. Detailed filing data is available for this year.$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