Civic Intelligence

Midland Academy Charter School Inc.

990 • Fiscal year 2017 • EIN 31-1614310

Sep 01, 2016 to Aug 31, 2017 • Filed on Dec 13, 2017

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

61st percentile

0.18x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.23x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

40th percentile

0.2%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-1.6%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$4,717,824

Up $9,808 (+0.2%) from 2016

Net Assets

Up

$3,853,020

Up $114,018 (+3.0%) from 2016

Liabilities

Down

$864,804

Down $104,210 (-11%) from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin50th percentile

Revenue

Down

$3,794,164

Down $61,643 (-1.6%) from 2016

Expenses

Up

$3,680,146

Up $37,679 (+1.0%) from 2016

Net Income

Down

$114,018

Down $99,322 (-47%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth40th 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

2017

Assets$4,717,824
Liabilities$864,804
Net Assets$3,853,020
Open 2017 Filing

Operations Trend

Revenue Growth33rd 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

2017

Revenue$3,794,164
Expenses$3,680,146
Net Income$114,018
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Dec 13, 2017
Return Version
2016v3.0
Gross Receipts
$3,794,164
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$2,764,741$1,884,965▼ $879,776
Land, Buildings, and Equipment, Net$1,876,601$1,780,088▼ $96,513
Accounts Receivable$61,408$47,945▼ $13,463
Total Assets$4,708,016$4,717,824▲ $9,808
Other Assets Total$5,266$1,004,826▲ $999,560
Liabilities
Other Liabilities$783,690$656,527▼ $127,163
Accounts Payable and Accrued Expenses$165,556$208,277▲ $42,721
Deferred Revenue$19,768$0▼ $19,768
Total Liabilities$969,014$864,804▼ $104,210
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,715,674$2,832,695▼ $882,979
Unrestricted Net Assets$23,328$1,020,325▲ $996,997
Total Net Assets Fund Balance$3,739,002$3,853,020▲ $114,018
Total Liabilities and Net Assets / Fund Balance$4,708,016$4,717,824▲ $9,808

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,651,584$937,669$2,589,253
Equipment$36,757$322,647$359,404
Other Land Buildings$71,747$163,497$235,244
Land$20,000-$20,000
Other Assets Org$1,000,709--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Bobby SmithPresident
Charity RohlfsBoard Member
Chris DeandaBoard Member
Beverly DrummondSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,725,886
Investment Income
$3,118
Other Revenue
$65,160
Change in Net Assets
$114,018

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,794,164
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,794,164
Total Revenue per Form 990
$3,794,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,646,951
Other Expenses$1,033,195
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,164,320--$2,164,320
Other Employee Benefits$262,729$13,487-$276,216
Other Expenses$132,527--$132,527
Current Officers, Directors, Trustees, and Key Employees-$108,978-$108,978
Depreciation Depletion$95,520$993-$96,513
Occupancy$83,540--$83,540
Pension Plan Contributions$61,449$3,154-$64,603
All Other Expenses$59,736--$59,736
Interest$35,911--$35,911
Fees for Services Accounting$34,675--$34,675
Payroll Taxes$31,231$1,603-$32,834
Travel$12,348$9,323-$21,671
Information Technology-$2,837-$2,837
Fees for Services Legal-$1,375-$1,375
Total Functional Expenses$3,538,396$141,750$0$3,680,146

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,680,146
Total Expenses per Audited Statements$3,680,146
Total Expenses per Form 990$3,680,146
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$348,659
Lt Debt Tea Principal$174,530
Asb Building Loan$120,243
Tea Liability - St Portion$13,095
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 11B

“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 Contact Addresses for Officers, Directors, Etc

“Beverly drummond - 3905 baybrook ct, midland, tx 79707. Bobby smith - 4213 fairwood pl, 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
2017-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Lankford
Formed
1998
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
75
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 21,398. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,398. Activity fund expense: program service expenses 14,946. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,946. Tuition, fees & other pgm exp: program service expenses 14,764. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,764. Miscellaneous expense: program service expenses 7,479. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,479. 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 AppendixShowing 400 of 408 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/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03402019
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01651584
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0937669
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02589253
IRS990ScheduleD/EquipmentGrp/BookValueAmt036757
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0322647
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0359404
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03680146
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04117
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11000709
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FSP OTHER CURRENT ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT - CDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt071747
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0163497
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0235244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1120243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2348659
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3174530
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/RevenueSubtotalAmt03794164
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01780088
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01004826
IRS990ScheduleD/TotalExpensesPerForm990Amt03680146
IRS990ScheduleD/TotalLiabilityAmt0656527
IRS990ScheduleD/TotalRevenuePerForm990Amt03794164
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03794164
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03680146
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. CHRIS DEANDA - 4509 GLENEAGLES DR, MIDLAND, TX 79707.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEASE RENTAL: PROGRAM SERVICE EXPENSES 21,398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,398. ACTIVITY FUND EXPENSE: PROGRAM SERVICE EXPENSES 14,946. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,946. TUITION, FEES & OTHER PGM EXP: PROGRAM SERVICE EXPENSES 14,764. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,764. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 7,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,479. 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 11B
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 CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
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/BOYAmt03715674
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02832695
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04708016
IRS990/TotalAssetsEOYAmt04717824
IRS990/TotalAssetsGrp/BOYAmt04708016
IRS990/TotalAssetsGrp/EOYAmt04717824
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0141750
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03538396
IRS990/TotalFunctionalExpensesGrp/TotalAmt03680146
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0969014
IRS990/TotalLiabilitiesEOYAmt0864804
IRS990/TotalLiabilitiesGrp/BOYAmt0969014
IRS990/TotalLiabilitiesGrp/EOYAmt0864804
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03739002
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03853020
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03538396
IRS990/TotalProgramServiceRevenueAmt03725886
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03118
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03791046
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03794164
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04708016
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04717824
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09323
IRS990/TravelGrp/ProgramServicesAmt012348
IRS990/TravelGrp/TotalAmt021671
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt023328
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01020325
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 N BAIRD STREET
IRS990/USAddress/CityNm0MIDLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079701
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MACHARTER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL LANKFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04326860003
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-13
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0E89E6E2D8197F74679E2E0ACB43D5627CB6B2E73
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AE348313956714BCAF62C9113056AF352048459A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.68.152.37
ReturnHeader/FilingSecurityInformation/IPDt02017-12-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm015:39:45
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,717,824
Liabilities
$864,804
Net assets
$3,853,020
Revenue
$3,794,164
Expenses
$3,680,146
Net income
$114,018
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
2017Detailed filing. Detailed filing data is available for this year.$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