Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Mets Charter School Inc
990 • Fiscal year 2020 • EIN 45-2192004
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.43x
Liabilities / Revenue
19th percentile
Higher debt load relative to revenue than 19% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$1,614,782
Down $424,326 (-21%) from 2019
Net Assets
Down$916,526
Down $357,358 (-28%) from 2019
Liabilities
Down$698,256
Down $66,968 (-8.8%) from 2019
Revenue And Expenses
Revenue
Down$10,282,109
Down $709,530 (-6.5%) from 2019
Expenses
Down$10,639,467
Down $609,704 (-5.4%) from 2019
Net Income
Down-$357,358
Down $99,826 (-39%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- May 14, 2021
- Return Version
- 2019v5.2
- Gross Receipts
- $10,282,109
Mission and Program Overview
Mission
The mission of m.e.t.s. Charter school states that m.e.t.s. Charter school is an early college preparatory school that utilizes research-based instructional practices to achieve student proficiency in mathematics,engineering, technology, and science. Our school is committed to providing a high quality education focused on college and career readiness while fostering an equitable, innovative, and creative learning environment.we prepare all students to take college level courses and graduate from high school within four years with up to 60 college credits and/or an associate degree. Our school promotes postsecondary success by prioritizing admission to a four-year college or university for each member of our graduating class. We dare every student to be extraordinary!
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $777,201 | $787,765 | ▲ $10,564 |
| Other Notes and Loans Receivable, Net | - | $395,206 | - |
| Accounts Receivable | $1,195,888 | $375,888 | ▼ $820,000 |
| Prepaid Expenses and Deferred Charges | $66,019 | $55,923 | ▼ $10,096 |
| Total Assets | $2,039,108 | $1,614,782 | ▼ $424,326 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $765,224 | $698,256 | ▼ $66,968 |
| Total Liabilities | $765,224 | $698,256 | ▼ $66,968 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,273,884 | $916,526 | ▼ $357,358 |
| Total Net Assets Fund Balance | $1,273,884 | $916,526 | ▼ $357,358 |
| Total Liabilities and Net Assets / Fund Balance | $2,039,108 | $1,614,782 | ▼ $424,326 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Damion Frye | Lead Administrator | FT | $121,750 | $121,750 |
| Gail Long | Business Administrator/sec | FT | $99,945 | $99,945 |
Board Members and Trustees
| Name | Title |
|---|---|
| Yulee Kim | President |
| Leak Deleon | Vice President |
| Jason Skeeter | Trustee |
| Sandy Rubin | Trustee |
| Wilson Pichardo | Trustee |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $10,282,109
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $-357,358
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $10,282,109
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $10,282,109
- Total Revenue per Form 990
- $10,282,109
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $7,447,819 |
| Other Expenses | $3,191,648 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $6,224,657 | - | - | $6,224,657 |
| Occupancy | $1,363,916 | $151,546 | - | $1,515,462 |
| Other Employee Benefits | $790,150 | - | - | $790,150 |
| Fees for Services Other | $786,607 | - | - | $786,607 |
| Office Expenses | $356,517 | $39,613 | - | $396,130 |
| Current Officers, Directors, Trustees, and Key Employees | $221,695 | - | - | $221,695 |
| Fees for Services Legal | - | $212,947 | - | $212,947 |
| Payroll Taxes | $211,317 | - | - | $211,317 |
| Other Expenses | $151,140 | - | - | $151,140 |
| Insurance | $108,362 | - | - | $108,362 |
| Fees for Services Accounting | - | $21,000 | - | $21,000 |
| Total Functional Expenses | $10,214,361 | $425,106 | $0 | $10,639,467 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $10,639,467 |
| Total Expenses per Audited Statements | $10,639,467 |
| Total Expenses per Form 990 | $10,639,467 |
| 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 Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
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 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
“M.e.t.s. Charter school inc has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed prior to the return being finalized and approved for filing.”
Form 990, Part VI, Section B, Line 12C
“M.e.t.s. Charter school inc currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body sign a conflict of interest policy annually and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, governing body and management will investigate the issue. If a conflict of interest is determined to exist, management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.”
Form 990, Part VI, Section B, Line 15
“The compensation of the organizations officers or key employees is reviewed and approved by the board of trustees, an independent body.”
Form 990, Part VI, Section C, Line 19
“M.e.t.s. Charter school inc makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the organizations office at 211 sherman avenue jersey city, nj 07307. In addition, form 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the organizations office at 211 sherman avenue jersey city, nj 07307.”
Filing and Contact Details
Filer
- Filer Name
- Mets Charter School Inc
- EIN
- 45-2192004
- Phone
- 2015268500
- Address
- 211 SHERMAN AVENUE, JERSEY CITY, NJ 07307
Signing Officer
- Name
- Michael Falkowksi
- Title
- School Business Administrator
- Phone
- 2015268500
- Signed
- 2021-05-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Michael Falkowksi
- Formed
- 2011
- Legal Domicile
- Nj
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 115
- Volunteers
- 0
Preparer
- Firm
- Nisivoccia Llp
- Address
- 200 VALLEY RD SUITE 300, MT ARLINGTON, NJ 07856
- Preparer
- Glenn Schwier CPA
- Phone
- 9733281825
Supplemental Narrative
Additional Explanations
Form 990, Part XII, Line 2C
“There was no change from the prior year.”
Raw XML Appendix354 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.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 698256 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1195888 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 375888 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF M.E.T.S. CHARTER SCHOOL STATES THAT M.E.T.S. CHARTER SCHOOL IS AN EARLY COLLEGE PREPARATORY SCHOOL THAT UTILIZES RESEARCH-BASED INSTRUCTIONAL PRACTICES TO ACHIEVE STUDENT PROFICIENCY IN MATHEMATICS,ENGINEERING, TECHNOLOGY, AND SCIENCE. OUR SCHOOL IS COMMITTED TO PROVIDING A HIGH QUALITY EDUCATION FOCUSED ON COLLEGE AND CAREER READINESS WHILE FOSTERING AN EQUITABLE, INNOVATIVE, AND CREATIVE LEARNING ENVIRONMENT.WE PREPARE ALL STUDENTS TO TAKE COLLEGE LEVEL COURSES AND GRADUATE FROM HIGH SCHOOL WITHIN FOUR YEARS WITH UP TO 60 COLLEGE CREDITS AND/OR AN ASSOCIATE DEGREE. OUR SCHOOL PROMOTES POSTSECONDARY SUCCESS BY PRIORITIZING ADMISSION TO A FOUR-YEAR COLLEGE OR UNIVERSITY FOR EACH MEMBER OF OUR GRADUATING CLASS. WE DARE EVERY STUDENT TO BE EXTRAORDINARY! |
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| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2015268500 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | JERSEY CITY |
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| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07307 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 787765 |
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| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
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| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 221695 |
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| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
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| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -357358 |
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| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 10282109 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | M.E.T.S. CHARTER SCHOOL IS A COLLEGE PREPARATORY SCHOOL. OUR DESIGN IS ONE THAT FACILITATES DUAL ENROLLMENT, LARGELY BASED ON THE EARLY COLLEGE HIGH SCHOOL STRATEGY PROPOSED BY THE WOODROW WILSON FOUNDATION AND JOBS FOR THE FUTURE. THIS APPROACH AFFORDS OUR STUDENTS OPPORTUNITIES TO EARN COLLEGE CREDITS BEFORE THEY GRADUATE HIGH SCHOOL, SO THEY ARE ALREADY ON THE PATH TO HIGHER EDUCATION MATRICULATION AND A COLLEGE DEGREE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 115 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 10214361 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 21000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 21000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 212947 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 212947 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 786607 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 786607 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | WILSON PICHARDO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SANDY RUBIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JASON SKEETER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | YULEE KIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LEAK DELEON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAMION FRYE |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 99945 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | LEAD ADMINISTRATOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BUSINESS ADMINISTRATOR/SEC |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 10282109 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 10282109 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 108362 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 108362 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
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| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF M.E.T.S. CHARTER SCHOOL STATES THAT M.E.T.S. CHARTER SCHOOL IS AN EARLY COLLEGE PREPARATORY SCHOOL THAT UTILIZES RESEARCH-BASED INSTRUCTIONAL PRACTICES TO ACHIEVE STUDENT PROFICIENCY IN MATHEMATICS,ENGINEERING, TECHNOLOGY, AND SCIENCE. OUR SCHOOL IS COMMITTED TO PROVIDING A HIGH QUALITY EDUCATION FOCUSED ON COLLEGE AND CAREER READINESS WHILE FOSTERING AN EQUITABLE, INNOVATIVE, AND CREATIVE LEARNING ENVIRONMENT.WE PREPARE ALL STUDENTS TO TAKE COLLEGE LEVEL COURSES AND GRADUATE FROM HIGH SCHOOL WITHIN FOUR YEARS WITH UP TO 60 COLLEGE CREDITS AND/OR AN ASSOCIATE DEGREE. OUR SCHOOL PROMOTES POSTSECONDARY SUCCESS BY PRIORITIZING ADMISSION TO A FOUR-YEAR COLLEGE OR UNIVERSITY FOR EACH MEMBER OF OUR GRADUATING CLASS. WE DARE EVERY STUDENT TO BE EXTRAORDINARY! |
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| IRS990/NondeductibleContributionsInd | 0 | 0 |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 211317 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 55923 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL FALKOWKSI |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 3945527 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -257532 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 7303644 |
| IRS990/PYTotalExpensesAmt | 0 | 11249171 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 10991639 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -357358 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 10639467 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 10282109 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 10639467 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 10282109 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 10282109 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 10639467 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NON-DISCRIMINATORY POLICY PUBLISHED ON THE WEBSITE AND IN THE ADS OF THE LOCAL NEWSPAPER. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | M.E.T.S. CHARTER SCHOOL INC IS OPERATED UNDER A CHARTER GRANTED BY THE STATE OF NEW JERSEY. AS SUCH M.E.T.S. CHARTER SCHOOL INC RECEIVES FUNDS FROM THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION AND THE UNITED STATES DEPARTMENT OF EDUCATION. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | M.E.T.S. CHARTER SCHOOL INC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | M.E.T.S. CHARTER SCHOOL INC CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY SIGN A CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | M.E.T.S. CHARTER SCHOOL INC MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 211 SHERMAN AVENUE JERSEY CITY, NJ 07307. IN ADDITION, FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 211 SHERMAN AVENUE JERSEY CITY, NJ 07307. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THERE WAS NO CHANGE FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2039108 |
| IRS990/TotalAssetsEOYAmt | 0 | 1614782 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2039108 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1614782 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 10282109 |
| IRS990/TotalEmployeeCnt | 0 | 115 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 425106 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 10214361 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 10639467 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 765224 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 698256 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 765224 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 698256 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1273884 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 916526 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 10214361 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 221695 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 10282109 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2039108 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1614782 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 211 SHERMAN AVENUE |
| IRS990/USAddress/CityNm | 0 | JERSEY CITY |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07307 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.METSCHARTERSCHOOL.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL FALKOWKSI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SCHOOL BUSINESS ADMINISTRATOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2015268500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | METS CHARTER SCHOOL INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | METS |
| ReturnHeader/Filer/EIN | 0 | 452192004 |
| ReturnHeader/Filer/PhoneNum | 0 | 2015268500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 211 SHERMAN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JERSEY CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07307 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 221914888 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NISIVOCCIA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 200 VALLEY RD SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MT ARLINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07856 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9733281825 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GLENN SCHWIER CPA |
| ReturnHeader/ReturnTs | 0 | 2021-05-14T15:18:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,614,782
- Liabilities
- $698,256
- Net assets
- $916,526
- Revenue
- $10,282,109
- Expenses
- $10,639,467
- Net income
- -$357,358
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2020Detailed filing. Detailed filing data is available for this year. | $1.61 | $0.70 | $0.92 | $10.3 | $10.6 | $0.36 |
| 2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending. | $2.04 | $0.77 | $1.27 | $11.0 | $11.2 | $0.26 |