Civic Intelligence

Midland Academy Charter School Inc.

990 • Fiscal year 2015 • EIN 31-1614310

Sep 01, 2014 to Aug 31, 2015 • Filed on Jan 26, 2016

Organization ProfileWWW.MACHARTER.ORG

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500 N Baird StreetMidland, TX 79701

(432) 686-0003

Siviq Scores

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

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.29x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

59th percentile

5.9%

Higher net margin than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

55th percentile

1.8%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-6.8%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$4,618,127

Up $83,249 (+1.8%) from 2014

Net Assets

Up

$3,525,662

Up $105,452 (+3.1%) from 2014

Liabilities

Down

$1,092,465

Down $22,203 (-2.0%) from 2014

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin59th percentile

Revenue

Down

$3,815,051

Down $279,426 (-6.8%) from 2014

Expenses

Down

$3,591,852

Down $211,369 (-5.6%) from 2014

Net Income

Down

$223,199

Down $68,057 (-23%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $3,983,530Liabilities 2012: $1,442,183Net Assets 2012: $2,541,3472012Assets 2013: $4,339,564Liabilities 2013: $1,210,610Net Assets 2013: $3,128,9542013Assets 2014: $4,534,878Liabilities 2014: $1,114,668Net Assets 2014: $3,420,2102014Assets 2015: $4,618,127Liabilities 2015: $1,092,465Net Assets 2015: $3,525,6622015Assets 2016: $4,708,016Liabilities 2016: $969,014Net Assets 2016: $3,739,0022016Assets 2017: $4,717,824Liabilities 2017: $864,804Net Assets 2017: $3,853,0202017Assets 2021: $5,322,072Liabilities 2021: $290,231Net Assets 2021: $5,031,8412021Assets 2022: $5,855,125Liabilities 2022: $287,071Net Assets 2022: $5,568,0542022Assets 2025: $7,747,472Liabilities 2025: $340,094Net Assets 2025: $7,407,3782025

Highlighted filing

2015

Assets$4,618,127
Liabilities$1,092,465
Net Assets$3,525,662
Open 2015 Filing

Operations Trend

Revenue Growth26th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2012: $3,854,5902012Expenses 2013: $3,739,8852013Revenue 2014: $4,094,477Expenses 2014: $3,803,221Net Income 2014: $291,2562014Revenue 2015: $3,815,051Expenses 2015: $3,591,852Net Income 2015: $223,1992015Revenue 2016: $3,855,807Expenses 2016: $3,642,467Net Income 2016: $213,3402016Revenue 2017: $3,794,164Expenses 2017: $3,680,146Net Income 2017: $114,0182017Revenue 2021: $4,333,995Expenses 2021: $3,778,436Net Income 2021: $555,5592021Revenue 2022: $4,150,376Expenses 2022: $3,614,825Net Income 2022: $535,5512022Revenue 2025: $5,548,816Expenses 2025: $4,452,375Net Income 2025: $1,096,4412025

Highlighted filing

2015

Revenue$3,815,051
Expenses$3,591,852
Net Income$223,199
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jan 26, 2016
Return Version
2014v6.0
Gross Receipts
$3,815,051
Mission and Program Overview

Mission

The school is operated as a single charter school for pre-kindergarten through grade eight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,588,477$2,774,975▲ $186,498
Land, Buildings, and Equipment, Net$1,860,946$1,783,664▼ $77,282
Accounts Receivable$77,891$53,073▼ $24,818
Total Assets$4,534,878$4,618,127▲ $83,249
Other Assets Total$7,564$6,415▼ $1,149
Liabilities
Other Liabilities$1,020,725$904,946▼ $115,779
Accounts Payable and Accrued Expenses$93,943$187,519▲ $93,576
Total Liabilities$1,114,668$1,092,465▼ $22,203
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,321,493$3,470,257▲ $148,764
Unrestricted Net Assets$98,717$55,405▼ $43,312
Total Net Assets Fund Balance$3,420,210$3,525,662▲ $105,452
Total Liabilities and Net Assets / Fund Balance$4,534,878$4,618,127▲ $83,249

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,655,550$824,505$2,480,055
Equipment$14,279$389,008$403,287
Other Land Buildings$93,835$141,409$235,244
Land$20,000-$20,000
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Bobby SmithPresident
Chris DeandaBoard Member
Jackie ChambersBoard Member
Beverly DrummondSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,743,621
Investment Income
$2,628
Other Revenue
$68,802
Change in Net Assets
$223,199

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,815,051
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,815,051
Total Revenue per Form 990
$3,815,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,579,848
Other Expenses$1,012,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,178,380--$2,178,380
Other Employee Benefits$168,958$8,893-$177,851
Other Expenses$131,849--$131,849
Current Officers, Directors, Trustees, and Key Employees-$105,546-$105,546
Depreciation Depletion$56,827$17,261-$74,088
Occupancy$73,228--$73,228
Pension Plan Contributions$68,207$3,590-$71,797
All Other Expenses$62,578--$62,578
Interest$47,295--$47,295
Payroll Taxes$43,960$2,314-$46,274
Advertising-$45,875-$45,875
Travel$24,386$12,658-$37,044
Fees for Services Accounting$33,175--$33,175
Information Technology$1,211$2,357-$3,568
Fees for Services Legal-$1,658-$1,658
Total Functional Expenses$3,391,700$200,152$0$3,591,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,591,852
Total Expenses per Audited Statements$3,591,852
Total Expenses per Form 990$3,591,852
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
Asb St Building Loan Ltd$583,666
Lt Debt Tea Principal$200,023
Asb Building Loan$109,639
Tea Liability - St Portion$11,618
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
No
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 11

“The superintendent, which serves as the chief executive officer and financial officer, reviews the 990 once it is prepared, with input from the business office specialist and independent auditor.”

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

“Officers of the organization, along with trustees, annually submit disclosure statements which are filed with the texas education agency.”

Form 990, Part VI, Section C, Line 19

“Copies of the governing documents are kept in the lobby and can be made available upon request. Conflict of interest documents and financial statements are also available upon request. Financial statements can be publically viewed at monthly board or director meetings which are posted & held according to the open meetings act.”

Form 990, Part VII

“Beverly drummond - 3905 baybrook ct, midland, tx 79707. Bobby smith - 4213 fairwood pl, midland, tx 79707. Jackie chambers - 5613 camden, midland, tx 79707. Chris deanda - 4509 gleneagles dr, midland, tx 79707.”

Filing and Contact Details

Filer

Filer Name
Midland Academy Charter School
EIN
31-1614310
Phone
4326860003
Address
500 N BAIRD STREET, MIDLAND, TX 79701

Signing Officer

Name
Jill Lankford
Title
Superintendent
Phone
4326860003
Signed
2016-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Jaramillo
Formed
1998
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
0
Employees
82
Volunteers
0

Preparer

Firm
Weaver and Tidwell Llp
Address
400 W ILLINOIS SUITE 1550, MIDLAND, TX 79701
Preparer
James Flatt
Phone
4326835226
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Lease rental: program service expenses 23,064. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,064. Tuition, fees & other pgm exp: program service expenses 18,554. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,554. Activity fund expense: program service expenses 10,460. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,460. Miscellaneous expense: program service expenses 9,351. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,351. Amortization: program service expenses 1,149. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,149.”

990 Part XII Financial Statements & Reporting

“There were no changes to the oversight or selection process during the tax year.”

Raw XML Appendix399 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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IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH SERVICE AND FOOD SERVICES - ALONG WITH HEALTH AND WELLNESSEDUCATION, THE CHILD NUTRITIONAL PROGRAM WILL ENSURE THAT ALLSTUDENTS HAVE AFFORDABLE ACCESS TO THE VARIED AND NUTRITIONALFOODS THEY NEED TO STAY HEALTHY AND LEARN WELL.
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03421203
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01655550
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0824505
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02480055
IRS990ScheduleD/EquipmentGrp/BookValueAmt014279
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0389008
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0403287
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03591852
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt093835
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0141409
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0235244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011618
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1109639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2583666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3200023
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TEA LIABILITY - ST PORTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ASB BUILDING LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ASB ST BUILDING LOAN LTD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LT DEBT TEA PRINCIPAL
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03815051
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01783664
IRS990ScheduleD/TotalExpensesPerForm990Amt03591852
IRS990ScheduleD/TotalLiabilityAmt0904946
IRS990ScheduleD/TotalRevenuePerForm990Amt03815051
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03815051
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03591852
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/ExplanationTxt0THE SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM THE TEXAS EDUCATION AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SUPERINTENDENT, WHICH SERVES AS THE CHIEF EXECUTIVE OFFICER AND FINANCIAL OFFICER, REVIEWS THE 990 ONCE IT IS PREPARED, WITH INPUT FROM THE BUSINESS OFFICE SPECIALIST AND INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS OF THE ORGANIZATION, ALONG WITH TRUSTEES, ANNUALLY SUBMIT DISCLOSURE STATEMENTS WHICH ARE FILED WITH THE TEXAS EDUCATION AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE GOVERNING DOCUMENTS ARE KEPT IN THE LOBBY AND CAN BE MADE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST DOCUMENTS AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS CAN BE PUBLICALLY VIEWED AT MONTHLY BOARD OR DIRECTOR MEETINGS WHICH ARE POSTED & HELD ACCORDING TO THE OPEN MEETINGS ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BEVERLY DRUMMOND - 3905 BAYBROOK CT, MIDLAND, TX 79707. BOBBY SMITH - 4213 FAIRWOOD PL, MIDLAND, TX 79707. JACKIE CHAMBERS - 5613 CAMDEN, MIDLAND, TX 79707. CHRIS DEANDA - 4509 GLENEAGLES DR, MIDLAND, TX 79707.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEASE RENTAL: PROGRAM SERVICE EXPENSES 23,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,064. TUITION, FEES & OTHER PGM EXP: PROGRAM SERVICE EXPENSES 18,554. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,554. ACTIVITY FUND EXPENSE: PROGRAM SERVICE EXPENSES 10,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,460. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 9,351. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,351. AMORTIZATION: PROGRAM SERVICE EXPENSES 1,149. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,149.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WERE NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990 PART XII FINANCIAL STATEMENTS & REPORTING
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03321493
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03470257
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04534878
IRS990/TotalAssetsEOYAmt04618127
IRS990/TotalAssetsGrp/BOYAmt04534878
IRS990/TotalAssetsGrp/EOYAmt04618127
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt082
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0200152
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03391700
IRS990/TotalFunctionalExpensesGrp/TotalAmt03591852
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01114668
IRS990/TotalLiabilitiesEOYAmt01092465
IRS990/TotalLiabilitiesGrp/BOYAmt01114668
IRS990/TotalLiabilitiesGrp/EOYAmt01092465
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03420210
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03525662
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03391700
IRS990/TotalProgramServiceRevenueAmt03743621
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02628
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03812423
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03815051
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04534878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04618127
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt012658
IRS990/TravelGrp/ProgramServicesAmt024386
IRS990/TravelGrp/TotalAmt037044
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt098717
IRS990/UnrestrictedNetAssetsGrp/EOYAmt055405
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 N BAIRD STREET
IRS990/USAddress/CityNm0MIDLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079701
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MACHARTER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL LANKFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04326860003
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDLAND ACADEMY CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0MIDL
ReturnHeader/Filer/EIN0311614310
ReturnHeader/Filer/PhoneNum04326860003
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 N BAIRD STREET
ReturnHeader/Filer/USAddress/CityNm0MIDLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 W ILLINOIS SUITE 1550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079701
ReturnHeader/PreparerPersonGrp/PhoneNum04326835226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES FLATT
ReturnHeader/ReturnTs02016-01-27T16:00:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,618,127
Liabilities
$1,092,465
Net assets
$3,525,662
Revenue
$3,815,051
Expenses
$3,591,852
Net income
$223,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$0.34$7.41$5.55$4.45$1.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.86$0.29$5.57$4.15$3.61$0.54
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$0.29$5.03$4.33$3.78$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$0.86$3.85$3.79$3.68$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.71$0.97$3.74$3.86$3.64$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.62$1.09$3.53$3.82$3.59$0.22
2014Detailed filing. Detailed filing data is available for this year.$4.53$1.11$3.42$4.09$3.80$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$1.21$3.13$3.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$1.44$2.54$3.85