Civic Intelligence

Marion P Thomas Charter School Foundation Inc.

990EZ • Fiscal year 2017 • EIN 35-2331985

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2018

125 Sussex AvenueNewark, NJ 07103

(973) 621-0060

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.02x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • NTEE B11 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.02x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • NTEE B11 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

2017 filings • NTEE B11 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2017 filings • NTEE B11 • <$500k nonprofits • Source year 2017

Asset Growth

91st percentile

97%

Faster asset growth than 91% of similar nonprofits.

2017 filings • NTEE B11 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

251%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • NTEE B11 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$115,698

Up $57,009 (+97%) from 2016

Net Assets

Up

$113,758

Up $56,485 (+99%) from 2016

Liabilities

Up

$1,940

Up $524 (+37%) from 2016

Revenue

Up

$106,093

Up $75,830 (+251%) from 2016

Expenses

Up

$49,608

Up $10,934 (+28%) from 2016

Net Income

Up

$56,485

Up $64,896 (+772%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $70,578Liabilities 2013: $11,000Net Assets 2013: $59,5782013Assets 2014: $73,190Net Assets 2014: $73,1902014Assets 2015: $65,814Net Assets 2015: $65,8142015Assets 2016: $58,689Liabilities 2016: $1,416Net Assets 2016: $57,2732016Assets 2017: $115,698Liabilities 2017: $1,940Net Assets 2017: $113,7582017Assets 2018: $112,095Net Assets 2018: $112,0952018Assets 2024: $75,547Net Assets 2024: $75,5472024

Highlighted filing

2017

Assets$115,698
Liabilities$1,940
Net Assets$113,758

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $42,645Expenses 2013: $80,019Net Income 2013: -$37,3742013Revenue 2014: $71,367Expenses 2014: $57,755Net Income 2014: $13,6122014Revenue 2015: $92,531Expenses 2015: $99,907Net Income 2015: -$7,3762015Revenue 2016: $30,263Expenses 2016: $38,674Net Income 2016: -$8,4112016Revenue 2017: $106,093Expenses 2017: $49,608Net Income 2017: $56,4852017Revenue 2018: $28,725Expenses 2018: $30,388Net Income 2018: -$1,6632018Revenue 2024: $78,998Expenses 2024: $35,677Net Income 2024: $43,3212024

Highlighted filing

2017

Revenue$106,093
Expenses$49,608
Net Income$56,485
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$106,093
Mission and Program Overview

Mission

To provide support Marion P Thomas Charter School and its students. Provides schorlarships to eligible graduates of Marion P Thomas Charter School to further their education in High Schools and Colleges.

Program Services

DescriptionGrantsExpenses
Award schorlarships to eligible students to further thier education in High School and Colleges--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gene WaddyBoard Member-$0--
Celia KingBoard Member-$0--
Richard VieserBoard Member-$0--
Dr Karen Young-ThomasBoard Member-$0--
Femi AmorinTreasurer-$0--
Michele GriffinSecretary-$0--
Michael FletcherBoard Member-$0--
Jalil DowdyBoard Member-$0--
Deborah A SmithBoard Member-$0--
Keisha SieglerBoard Member-$0--
Glen F ScotlandBoard Member-$0--
Ernestine WatsonPresident-$0--
Filing and Contact Details

Filer

Filer Name
Marion P Thomas Charter School Foundation Inc
EIN
35-2331985
Phone
9736210060
Address
125 Sussex Avenue, Newark, NJ 07103

Signing Officer

Name
Ernestine Watson - President
Title
President
Signed
2018-05-08
Discuss with paid preparer
No

Preparer

Firm
Tumasang Awundaga Associates
Address
312 Northfield Avenue, West Orange, NJ 07052
Preparer
Tumasang J Awundaga
Phone
9735181595
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity Scholarship, Grantee College of Saint Elizabeth 2 Convent Road Morristown NJ 07960, Cash Grant 8,000, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Equipment rental and maintenance 4,463

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 1,068

Form 990-EZ, Part I, Line 16, Other Expenses

Contract Service 2,635

Form 990-EZ, Part I, Line 16, Other Expenses

Book, Subscription Reference 1,068

Form 990-EZ, Part I, Line 16, Other Expenses

Printing and Copying 2,235

Form 990-EZ, Part I, Line 16, Other Expenses

Bank Service Fee Charges 324

Form 990-EZ, Part I, Line 16, Other Expenses

Other 13,547

Form 990-EZ, Part I, Line 16, Other Expenses

Catering Services 1,853

Form 990-EZ, Part II, Line 26, Liabilities

Accrued Expenses Beginning of year 1,416, End of year 1,940

Raw XML Appendix186 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gene Waddy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Celia King
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Richard Vieser
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dr Karen Young-Thomas
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/TotalRevenueAmt0106093
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042650
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0343904
IRS990ScheduleA/TotalSupportAmt0343904
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Scholarship, Grantee College of Saint Elizabeth 2 Convent Road Morristown NJ 07960, Cash Grant 8,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Equipment rental and maintenance 4,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 1,068
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contract Service 2,635
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Book, Subscription Reference 1,068
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Printing and Copying 2,235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Service Fee Charges 324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other 13,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Catering Services 1,853
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accrued Expenses Beginning of year 1,416, End of year 1,940
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Ernestine Watson - President
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Marion P Thomas Charter School Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0352331985
ReturnHeader/Filer/PhoneNum09736210060
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 Sussex Avenue
ReturnHeader/Filer/USAddress/CityNm0Newark
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007103
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.53.9.92
ReturnHeader/FilingSecurityInformation/IPDt02018-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:37:47
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tumasang Awundaga Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0312 Northfield Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Orange
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007052
ReturnHeader/PreparerPersonGrp/PhoneNum09735181595
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tumasang J Awundaga
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-08T09:29:20-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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Filings