Mastery Charter School - Clymer Elementary

“The ceo and board of directors review form 990 before it is submitted to the irs”

“Employees may not receive any material gain from individuals or activities outside of mastery charter schools for materials produced or services rendered while performing their jobs. Board members are also covered by a conflict of interest policy. Board members also provide statements of financial interest on an annual basis, which would disclose any conflicts.”

“Officer compensation is reviewed and approved annually by the board of directors. A compensation committee uses survey data and information from comparable organizations' form 990 to analyze and compare ceo compensation and make recommendations to the board for its approval.”

“Mastery charter school clymer elementary's governing documents, conflict of interest policy and financial statements are available upon request.”

“Consultant services: program service expenses 130,136. Management and general expenses 1,263. Fundraising expenses 0. Total expenses 131,399. Substitute teachers: program service expenses 59,534. Management and general expenses 0. Fundraising expenses 0. Total expenses 59,534. Kaps placements: program service expenses 69,481. Management and general expenses 0. Fundraising expenses 0. Total expenses 69,481. Professional services sped - cora/elwyn: program service expenses 306,174. Management and general expenses 0. Fundraising expenses 0. Total expenses 306,174. Paraprofessionals / 1:1 aides: program service expenses 91,291. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,291. Other purchased services: program service expenses 4,519. Management and general expenses 1,626. Fundraising expenses 0. Total expenses 6,145. Professional services sped - cora: program service expenses 100,295. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,295. Prof development - training: program service expenses 647. Management and general expenses 0. Fundraising expenses 0. Total expenses 647.”

“The school is part of the public school employees' retirement system (psers), which is a governmental cost-sharing multiple employer defined pension plan that provides benefits to public school employees of the commonwealth of pennsylvania. Under governmental-wide accounting for governmental accounting standards (gasb) reporting, the school is required to record their allocated portion of the psers net pension liability, deferred inflows and deferred outflows on an annual basis since the adoption of accounting standard gasb 68 - accounting and financial reporting for pensions in fiscal year june 30, 2015. As a result of the fiscal year 2017 allocations and gasb journal entries required to be recorded, the psers pension activity resulted in a pension credit for june 30, 2017 fiscal year.”