Civic Intelligence

Tmsa Inc DBA the Main Street Academy

990 • Fiscal year 2023 • EIN 27-1156485

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

Organization ProfileWWW.TMSA.ORG

Refreshing map…

2861 Lakeshore DriveCollege Park, GA 30337

(404) 768-0081

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.94x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

1.08x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

31st percentile

-2.3%

Higher net margin than 31% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

86th percentile

35%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$13,734,488

Up $3,535,640 (+35%) from 2022

Net Assets

Down

$870,958

Down $276,653 (-24%) from 2022

Liabilities

Up

$12,863,530

Up $3,812,293 (+42%) from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin31st percentile

Revenue

Up

$11,911,322

Up $2,369,898 (+25%) from 2022

Expenses

Up

$12,187,975

Up $2,854,251 (+31%) from 2022

Net Income

Down

-$276,653

Down $484,353 (-233%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $2,004,974Liabilities 2011: $2,332,721Net Assets 2011: -$327,7472011Assets 2012: $1,895,762Liabilities 2012: $2,021,822Net Assets 2012: -$126,0602012Assets 2013: $963,522Liabilities 2013: $1,325,498Net Assets 2013: -$361,9762013Assets 2014: $1,041,988Liabilities 2014: $1,255,953Net Assets 2014: -$213,9652014Assets 2015: $2,677,834Liabilities 2015: $6,573,263Net Assets 2015: -$3,895,4292015Assets 2017: $5,560,370Liabilities 2017: $7,643,804Net Assets 2017: -$2,083,4342017Assets 2018: $6,773,874Liabilities 2018: $7,522,717Net Assets 2018: -$748,8432018Assets 2019: $9,502,123Liabilities 2019: $9,409,760Net Assets 2019: $92,3632019Assets 2020: $10,662,249Liabilities 2020: $10,538,396Net Assets 2020: $123,8532020Assets 2021: $11,275,368Liabilities 2021: $10,335,457Net Assets 2021: $939,9112021Assets 2022: $10,198,848Liabilities 2022: $9,051,237Net Assets 2022: $1,147,6112022Assets 2023: $13,734,488Liabilities 2023: $12,863,530Net Assets 2023: $870,9582023Assets 2024: $10,854,575Liabilities 2024: $12,083,556Net Assets 2024: -$1,228,9812024

Highlighted filing

2023

Assets$13,734,488
Liabilities$12,863,530
Net Assets$870,958
Open 2023 Filing

Operations Trend

Revenue Growth77th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,259,7782011Expenses 2012: $5,518,6112012Expenses 2013: $6,297,2422013Revenue 2014: $6,935,365Expenses 2014: $6,787,354Net Income 2014: $148,0112014Revenue 2015: $7,362,041Expenses 2015: $6,495,277Net Income 2015: $866,7642015Revenue 2017: $7,818,705Expenses 2017: $6,945,446Net Income 2017: $873,2592017Revenue 2018: $8,739,846Expenses 2018: $7,405,255Net Income 2018: $1,334,5912018Revenue 2019: $8,854,013Expenses 2019: $8,012,807Net Income 2019: $841,2062019Revenue 2020: $8,494,632Expenses 2020: $8,463,142Net Income 2020: $31,4902020Revenue 2021: $9,642,631Expenses 2021: $8,826,573Net Income 2021: $816,0582021Revenue 2022: $9,541,424Expenses 2022: $9,333,724Net Income 2022: $207,7002022Revenue 2023: $11,911,322Expenses 2023: $12,187,975Net Income 2023: -$276,6532023Revenue 2024: $10,899,710Expenses 2024: $12,999,649Net Income 2024: -$2,099,9392024

Highlighted filing

2023

Revenue$11,911,322
Expenses$12,187,975
Net Income-$276,653
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$11,911,322
Mission and Program Overview

Mission

At the main street academy, all students will receive a challenging and enriching education from a dedicated and student-focused staff in partnership with highly-involved parents. Students will leave the main street academy with high expectations of themselves as they prepare for further education and become contributing members of their diverse communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,074,439$4,473,007▲ $398,568
Pd in Cap Srpls Land Bldg Eqp Fund$4,074,439$4,473,007▲ $398,568
Cash and Non-Interest-Bearing Accounts$2,527,414$1,490,233▼ $1,037,181
Accounts Receivable$252,248$1,385,132▲ $1,132,884
Prepaid Expenses and Deferred Charges$5,441$22,532▲ $17,091
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-2,926,828$-3,602,049▼ $675,221
Total Assets$10,198,848$13,734,488▲ $3,535,640
Other Assets Total$3,339,306$6,363,584▲ $3,024,278
Liabilities
Other Liabilities$8,194,613$12,141,538▲ $3,946,925
Accounts Payable and Accrued Expenses$856,624$721,992▼ $134,632
Total Liabilities$9,051,237$12,863,530▲ $3,812,293
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,147,611$870,958▼ $276,653
Total Liabilities and Net Assets / Fund Balance$10,198,848$13,734,488▲ $3,535,640

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,175,007$3,905,096$8,080,103
Land$298,000-$298,000
Other Assets Org$90--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Satonja Scott EsqBoard President
Kristal Ramirez EsqVice Chair
Mitch Foster IiVice Chair / Treasurer
Carla WagnerDirector
Chanel RecasnerDirector
Kanetha StephensDirector
Kenya MorrisDirector
Kimberly Walker-browner PhdDirector
Nkiruka OnyiaDirector
Shameka SmithDirector
Chaddrick Owes Ed DExecutive Director - Ex-officio
Ishmael Abdul-salaamPrincipal - Ex-officio
Brittany DunnSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$11,584,392
Program Service Revenue
$326,930
Investment Income
$0
Other Revenue
$0
All Other Contributions
$262,395
Change in Net Assets
$-276,653

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,911,322
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,911,322
Total Revenue per Form 990
$11,911,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,594,785
Other Expenses$3,593,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,822,837$978,091-$5,800,928
Other Employee Benefits$1,099,007$1,593,179-$2,692,186
Depreciation Depletion$144,237$473,643-$617,880
Occupancy$391,175$92,929-$484,104
All Other Expenses$344,229$7,297-$351,526
Other Expenses$235,073--$235,073
Payroll Taxes$88,661$13,010-$101,671
Information Technology$82,274--$82,274
Fees for Services Accounting-$67,358-$67,358
Insurance$21,071$45,198-$66,269
Office Expenses-$32,580-$32,580
Fees for Services Other-$15,219-$15,219
Fees for Services Legal-$13,288-$13,288
Travel-$13,018-$13,018
Interest-$352-$352
Total Functional Expenses$8,842,813$3,345,162$0$12,187,975

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,187,975
Total Expenses per Audited Statements$12,187,975
Total Expenses per Form 990$12,187,975
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
Net Pension Liability$11,715,549
Lease Liability$269,374
Deferred Inflows of Resources$156,615
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 11B

“Form 990 is reviewed by the finance committee prior to filing with the internal revenue service.”

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

“We do have a conflict policy as it relates to holding a 2nd job. Employees of tmsa are not allowed to have a 2nd job outside of the school including self employment. The school expects high standards of quality service and doesn't feel that can happen working outside of the school.”

Form 990, Part VI, Section B, Line 15

“Salary and wages are reviewed annually and adjustments, if any, are made on a merit basis, where appropriate, based on performance was well as market and business considerations. Salary adjustments are not automatic. Such adjustments are ultimately made at the decretion of the school.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 1023, form 990, and related docuements available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Tmsa Inc
EIN
27-1156485
Phone
4047680081
Address
2861 LAKESHORE DRIVE, COLLEGE PARK, GA 30337

Signing Officer

Name
Satonja Scott Esq
Title
Board President
Phone
4047680081
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Satonja Scott Esq
Formed
2009
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
135
Volunteers
0

Preparer

Firm
Marshall Jones
Address
3097 E SHADOWLAWN AVE NE, ATLANTA, GA 30305
Preparer
Nathan Lummus
Phone
4042312001
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There has been no change in how the board assumes oversight for the audit of the financial statements.”

Financial Statement Notes

PART X, LINE 2:

“The school only recognizes the tax benefit from an uncertain tax position taken or expected to be taken in a tax return if the tax position is more likely than not to be sustained upon an examination, based on the technical merits of the position. Management has analyzed tax positions taken for filings with the internal revenue service and all state jurisdictions where the school operates. Management believes that income tax filing positions would be sustained upon examination and does not anticipate that any adjustments would result in a material adverse effect on the school's financial condition, results of operations or cash flows. Accordingly, the school has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2023.”

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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03905096
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04074439
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04473007
IRS990/LandBldgEquipCostOrOtherBssAmt08378103
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AT THE MAIN STREET ACADEMY, ALL STUDENTS WILL RECEIVE A CHALLENGING AND ENRICHING EDUCATION FROM A DEDICATED AND STUDENT-FOCUSED STAFF IN PARTNERSHIP WITH HIGHLY-INVOLVED PARENTS. STUDENTS WILL LEAVE THE MAIN STREET ACADEMY WITH HIGH EXPECTATIONS OF THEMSELVES AS THEY PREPARE FOR FURTHER EDUCATION AND BECOME CONTRIBUTING MEMBERS OF THEIR DIVERSE COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01147611
IRS990/NetAssetsOrFundBalancesEOYAmt0870958
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt092929
IRS990/OccupancyGrp/ProgramServicesAmt0391175
IRS990/OccupancyGrp/TotalAmt0484104
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032580
IRS990/OfficeExpensesGrp/TotalAmt032580
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03339306
IRS990/OtherAssetsTotalGrp/EOYAmt06363584
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01593179
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01099007
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02692186
IRS990/OtherExpensesGrp/Desc0CLASSROOM EXPENSES
IRS990/OtherExpensesGrp/Desc1CUSTODIAL EXPENSES
IRS990/OtherExpensesGrp/Desc2CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc3LUNCH EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0992241
IRS990/OtherExpensesGrp/ProgramServicesAmt1353889
IRS990/OtherExpensesGrp/ProgramServicesAmt2268119
IRS990/OtherExpensesGrp/ProgramServicesAmt3235073
IRS990/OtherExpensesGrp/TotalAmt0992241
IRS990/OtherExpensesGrp/TotalAmt1353889
IRS990/OtherExpensesGrp/TotalAmt2268119
IRS990/OtherExpensesGrp/TotalAmt3235073
IRS990/OtherLiabilitiesGrp/BOYAmt08194613
IRS990/OtherLiabilitiesGrp/EOYAmt012141538
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0978091
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04822837
IRS990/OtherSalariesAndWagesGrp/TotalAmt05800928
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013010
IRS990/PayrollTaxesGrp/ProgramServicesAmt088661
IRS990/PayrollTaxesGrp/TotalAmt0101671
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt04074439
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt04473007
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05441
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022532
IRS990/PrincipalOfficerNm0SATONJA SCOTT ESQ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTER SCHOOL CARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0326930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0326930
IRS990/ProgSrvcAccomActy2Grp/Desc0NATIONAL FOOD PROGRAM FUNDS ARE PROVIDED TO SUPPORT OUR MEAL PROGRAMS FOR FREE AND REDUCED STUDENTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0AFTERCARE PROGRAM PROVIDES BEFORE AND AFTERCARE FOR STUDENTS AFTER SCHOOL HOURS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0107409
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0326930
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER SCHOOL RELATED EXPENSES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt08735404
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09352624
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03438737
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0188800
IRS990/PYRevenuesLessExpensesAmt0207700
IRS990/PYSalariesCompEmpBnftPaidAmt05894987
IRS990/PYTotalExpensesAmt09333724
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09541424
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-276653
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04175007
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03905096
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08080103
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012187975
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0298000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0298000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06111080
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1252414
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt290
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LEASE ASSET, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011715549
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1156615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2269374
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011911322
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE SCHOOL OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04473007
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06363584
IRS990ScheduleD/TotalExpensesPerForm990Amt012187975
IRS990ScheduleD/TotalLiabilityAmt012141538
IRS990ScheduleD/TotalRevenuePerForm990Amt011911322
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011911322
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012187975
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/ExplanationTxt0FULTON COUNTY GRANTS ARE PAID TO THE SCHOOL IN MONTHLY INSTALLMENTS. ADDITIONAL FEDERAL FUNDING INCLUDES TITLE I FUNDS AND NATIONAL FOOD PROGRAM FUNDS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE DO HAVE A CONFLICT POLICY AS IT RELATES TO HOLDING A 2ND JOB. EMPLOYEES OF TMSA ARE NOT ALLOWED TO HAVE A 2ND JOB OUTSIDE OF THE SCHOOL INCLUDING SELF EMPLOYMENT. THE SCHOOL EXPECTS HIGH STANDARDS OF QUALITY SERVICE AND DOESN'T FEEL THAT CAN HAPPEN WORKING OUTSIDE OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY AND WAGES ARE REVIEWED ANNUALLY AND ADJUSTMENTS, IF ANY, ARE MADE ON A MERIT BASIS, WHERE APPROPRIATE, BASED ON PERFORMANCE WAS WELL AS MARKET AND BUSINESS CONSIDERATIONS. SALARY ADJUSTMENTS ARE NOT AUTOMATIC. SUCH ADJUSTMENTS ARE ULTIMATELY MADE AT THE DECRETION OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 1023, FORM 990, AND RELATED DOCUEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAS BEEN NO CHANGE IN HOW THE BOARD ASSUMES OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010198848
IRS990/TotalAssetsEOYAmt013734488
IRS990/TotalAssetsGrp/BOYAmt010198848
IRS990/TotalAssetsGrp/EOYAmt013734488
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011584392
IRS990/TotalEmployeeCnt0135
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03345162
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08842813
IRS990/TotalFunctionalExpensesGrp/TotalAmt012187975
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09051237
IRS990/TotalLiabilitiesEOYAmt012863530
IRS990/TotalLiabilitiesGrp/BOYAmt09051237

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,734,488
Liabilities
$12,863,530
Net assets
$870,958
Revenue
$11,911,322
Expenses
$12,187,975
Net income
-$276,653
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$12.1$1.23$10.9$13.0$2.10
2023Detailed filing. Detailed filing data is available for this year.$13.7$12.9$0.87$11.9$12.2$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$9.05$1.15$9.54$9.33$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$10.3$0.94$9.64$8.83$0.82
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$10.5$0.12$8.49$8.46$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.50$9.41$0.09$8.85$8.01$0.84
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$7.52$0.75$8.74$7.41$1.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.56$7.64$2.08$7.82$6.95$0.87
2015Detailed filing. Detailed filing data is available for this year.$2.68$6.57$3.90$7.36$6.50$0.87
2014Detailed filing. Detailed filing data is available for this year.$1.04$1.26$0.21$6.94$6.79$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$1.33$0.36$6.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.02$0.13$5.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$2.33$0.33$5.26