Civic Intelligence

Main Street Preparatory Academy Inc.

990 • Fiscal year 2019 • EIN 46-2087498

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 20, 2020

1035 Clay StreetAkron, OH 44301

(330) 515-0572

Siviq Scores

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

Liabilities / Assets

99th percentile

2.62x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

1.53x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

15th percentile

-16%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$750

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

5th percentile

-25%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

73rd percentile

19%

Faster revenue growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$900,305

Down $292,774 (-25%) from 2018

Net Assets

Down

-$1,458,621

Down $250,019 (-21%) from 2018

Liabilities

Down

$2,358,926

Down $42,755 (-1.8%) from 2018

Revenue

Up

$1,537,657

Up $241,458 (+19%) from 2018

Expenses

Up

$1,787,676

Up $426,046 (+31%) from 2018

Net Income

Down

-$250,019

Down $184,588 (-282%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2014: $77,968Liabilities 2014: $543,395Net Assets 2014: -$465,4272014Assets 2015: $639,926Liabilities 2015: $1,257,814Net Assets 2015: -$617,8882015Assets 2016: $980,994Liabilities 2016: $1,888,215Net Assets 2016: -$907,2212016Assets 2017: $1,349,314Liabilities 2017: $2,190,788Net Assets 2017: -$841,4742017Assets 2018: $1,193,079Liabilities 2018: $2,401,681Net Assets 2018: -$1,208,6022018Assets 2019: $900,305Liabilities 2019: $2,358,926Net Assets 2019: -$1,458,6212019Assets 2020: $675,322Liabilities 2020: $2,428,127Net Assets 2020: -$1,752,8052020Assets 2021: $865,540Liabilities 2021: $2,738,612Net Assets 2021: -$1,873,0722021Assets 2022: $1,280,991Liabilities 2022: $2,350,164Net Assets 2022: -$1,069,1732022Assets 2023: $975,031Liabilities 2023: $2,076,043Net Assets 2023: -$1,101,0122023Assets 2024: $975,532Liabilities 2024: $1,599,438Net Assets 2024: -$623,9062024Assets 2025: $916,691Liabilities 2025: $1,670,896Net Assets 2025: -$754,2052025

Highlighted filing

2019

Assets$900,305
Liabilities$2,358,926
Net Assets-$1,458,621

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $408,433Expenses 2014: $873,860Net Income 2014: -$465,4272014Revenue 2015: $1,226,748Expenses 2015: $1,406,669Net Income 2015: -$179,9212015Revenue 2016: $1,688,283Expenses 2016: $1,977,616Net Income 2016: -$289,3332016Revenue 2017: $1,885,720Expenses 2017: $1,819,973Net Income 2017: $65,7472017Revenue 2018: $1,296,199Expenses 2018: $1,361,630Net Income 2018: -$65,4312018Revenue 2019: $1,537,657Expenses 2019: $1,787,676Net Income 2019: -$250,0192019Revenue 2020: $1,658,828Expenses 2020: $1,953,012Net Income 2020: -$294,1842020Revenue 2021: $1,826,385Expenses 2021: $1,946,652Net Income 2021: -$120,2672021Revenue 2022: $2,447,759Expenses 2022: $1,643,860Net Income 2022: $803,8992022Revenue 2023: $1,477,562Expenses 2023: $1,509,401Net Income 2023: -$31,8392023Revenue 2024: $1,795,068Expenses 2024: $1,317,962Net Income 2024: $477,1062024Revenue 2025: $1,607,992Expenses 2025: $1,738,291Net Income 2025: -$130,2992025

Highlighted filing

2019

Revenue$1,537,657
Expenses$1,787,676
Net Income-$250,019
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 20, 2020
Return Version
2018v3.0
Gross Receipts
$1,537,657
Mission and Program Overview

Mission

Main Street Preparatory Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students success in school, at future work, and in life. To achieve the mission, our School will integrate current learning technologies into the classroom, offer authentic learning experiences that are respectful of how children learn best, and offer a schedule and support activities that enable each student to achieve to his or her potential. We want our students to leave the School with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$89,943$64,192▼ $25,751
Cash and Non-Interest-Bearing Accounts$38,320$63,761▲ $25,441
Pledges and Grants Receivable$59,881--
Accounts Receivable$8,515$313▼ $8,202
Total Assets$1,193,079$900,305▼ $292,774
Other Assets Total$996,420$772,039▼ $224,381
Liabilities
Other Liabilities$1,666,509$1,607,952▼ $58,557
Accounts Payable and Accrued Expenses$579,172$594,974▲ $15,802
Unsecured Notes Loans Payable$156,000$156,000→ $0
Total Liabilities$2,401,681$2,358,926▼ $42,755
Net Assets / Fund Balance
Permanently Rstr Net Assets$89,943$64,192▼ $25,751
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-1,298,545$-1,522,813▼ $224,268
Total Net Assets Fund Balance$-1,208,602$-1,458,621▼ $250,019
Total Liabilities and Net Assets / Fund Balance$1,193,079$900,305▼ $292,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$1,560$3,547$0
Land$0-$0
Equipment$27,385$34,109$0
Leasehold Improvements$35,247$34,268$0
Other Assets Org$57,381--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jim GeorgeBoard President$750$750
Dave MontesanoBoard Member$750$750
Don CuretonBoard Treasurer$625$625
Justin PardiBoard Secretary$625$625
Owen SpaiteBoard Member$500$500

Highest Paid Contractors

ContractorServicesLocationCompensation
Oakmont EducationManagement Services481 N Cleveland Massillon Rd, Akron, OH 44333$796,436
St John the Baptist ParishFacility Lease87 Broad Street, Akron, OH 44305$180,051
Preferred MealsStudent Meals5240 St Charles Rd, Berkeley, IL 60163$101,134
Revenue and Support

Revenue Composition

Contributions and Grants
$1,537,657
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,537,657
Change in Net Assets
$-250,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,537,657
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,537,657
Total Revenue per Form 990
$1,537,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$907,719
Salaries, Compensation, and Employee Benefits$879,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$626,825--$626,825
Other Employee Benefits$253,132--$253,132
Fees for Services Management$205,886--$205,886
Occupancy$190,092--$190,092
Fees for Services Other$160,841--$160,841
Fees for Services Accounting$34,038--$34,038
Interest$32,871--$32,871
Depreciation Depletion$25,751--$25,751
Advertising$16,227--$16,227
Fees for Services Legal-$10,331-$10,331
Other Expenses$4,902$0$0$4,902
All Other Expenses$3,500--$3,500
Total Functional Expenses$1,741,416$46,260$0$1,787,676

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,787,676
Total Expenses per Audited Statements$1,787,676
Total Expenses per Form 990$1,787,676
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Net Pension Liability$1,133,943
Deferred Inflows of Resources - Pension$227,027
Deferred Inflows of Resources - OPEB$147,988
Net OPEB Liability$98,994
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school contract with a management company, Oakmont Education, to provide certain operational functions and management services.

Form 990, Part VI, Section B, Line 11B

The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for review and back to the Treasurer for signature and filing.

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

The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.

Filing and Contact Details

Filer

Filer Name
Main Street Preparatory
EIN
46-2087498
Phone
3305150572
Address
1035 Clay Street, Akron, OH 44301

Signing Officer

Name
David Massa
Title
Treasurer
Phone
3305150572
Signed
2020-03-20

Organization Details

Principal Officer
C David Massa
Formed
2013
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Raw XML AppendixShowing 400 of 431 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0579172
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0594974
IRS990/AccountsReceivableGrp/BOYAmt08515
IRS990/AccountsReceivableGrp/EOYAmt0313
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Main Street Preparatory Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students success in school, at future work, and in life. To achieve the mission, our School will integrate current learning technologies into the classroom, offer authentic learning experiences that are respectful of how children learn best, and offer a schedule and support activities that enable each student to achieve to his or her potential. We want our students to leave the School with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.
IRS990/AdvertisingGrp/ProgramServicesAmt016227
IRS990/AdvertisingGrp/TotalAmt016227
IRS990/AllOtherContributionsAmt01537657
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03500
IRS990/AllOtherExpensesGrp/TotalAmt03500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0C David Massa
IRS990/BooksInCareOfDetail/PhoneNum03305150572
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0219 E Maple St Ste 202
IRS990/BooksInCareOfDetail/USAddress/CityNm0North Canton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044720
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt038320
IRS990/CashNonInterestBearingGrp/EOYAmt063761
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0796436
IRS990/ContractorCompensationGrp/CompensationAmt1180051
IRS990/ContractorCompensationGrp/CompensationAmt2101134
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0481 N Cleveland Massillon Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt187 Broad Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt25240 St Charles Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Akron
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Akron
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Berkeley
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd044333
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd144305
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260163
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Oakmont Education
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1St John the Baptist Parish
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Preferred Meals
IRS990/ContractorCompensationGrp/ServicesDesc0Management Services
IRS990/ContractorCompensationGrp/ServicesDesc1Facility Lease
IRS990/ContractorCompensationGrp/ServicesDesc2Student Meals
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01537657
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0907719
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-250019
IRS990/CYSalariesCompEmpBnftPaidAmt0879957
IRS990/CYTotalExpensesAmt01787676
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01537657
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt025751
IRS990/DepreciationDepletionGrp/TotalAmt025751
IRS990/Desc0School will integrate current learning technologies into the classroom, offer authentic learning experiences that are respectful of how children learn best, and offer a schedule and support activities that enable each student to achieve to his or her potential. We want our students to leave the School with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01741416
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt034038
IRS990/FeesForServicesAccountingGrp/TotalAmt034038
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010331
IRS990/FeesForServicesLegalGrp/TotalAmt010331
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0205886
IRS990/FeesForServicesManagementGrp/TotalAmt0205886
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0160841
IRS990/FeesForServicesOtherGrp/TotalAmt0160841
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Don Cureton
IRS990/Form990PartVIISectionAGrp/PersonNm1Justin Pardi
IRS990/Form990PartVIISectionAGrp/PersonNm2Dave Montesano
IRS990/Form990PartVIISectionAGrp/PersonNm3Jim George
IRS990/Form990PartVIISectionAGrp/PersonNm4Owen Spaite
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0298783
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01537657
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt032871
IRS990/InterestGrp/TotalAmt032871
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt071924
IRS990/LandBldgEquipBasisNetGrp/BOYAmt089943
IRS990/LandBldgEquipBasisNetGrp/EOYAmt064192
IRS990/LandBldgEquipCostOrOtherBssAmt0136116
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Main Street Preparatory Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students success in school, at future work, and in life. To achieve the mission, our School will integrate current learning technologies into the classroom, offer authentic learning experiences that are respectful of how children learn best, and offer a schedule and support activities that enable each student to achieve to his or her potential. We want our students to leave the School with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1208602
IRS990/NetAssetsOrFundBalancesEOYAmt0-1458621
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0190092
IRS990/OccupancyGrp/TotalAmt0190092
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0996420
IRS990/OtherAssetsTotalGrp/EOYAmt0772039
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0253132
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0253132
IRS990/OtherExpensesGrp/Desc0Sponsor Fees
IRS990/OtherExpensesGrp/Desc1Instructional Materials and Supplies
IRS990/OtherExpensesGrp/Desc2Student Transportation
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035929
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt1187351
IRS990/OtherExpensesGrp/ProgramServicesAmt24902
IRS990/OtherExpensesGrp/TotalAmt035929
IRS990/OtherExpensesGrp/TotalAmt1187351
IRS990/OtherExpensesGrp/TotalAmt24902
IRS990/OtherLiabilitiesGrp/BOYAmt01666509
IRS990/OtherLiabilitiesGrp/EOYAmt01607952
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0626825
IRS990/OtherSalariesAndWagesGrp/TotalAmt0626825
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt089943
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt064192
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt059881
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0C David Massa
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01296199
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0860177
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-65431
IRS990/PYSalariesCompEmpBnftPaidAmt0501453
IRS990/PYTotalExpensesAmt01361630
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01296199
IRS990/ReconcilationRevenueExpnssAmt0-250019
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01537657
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01537657
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01296199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01885720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01688283
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01226748
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07634607
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt07634607
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01537657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01296199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01885720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01688283
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01226748
IRS990ScheduleA/Total509Grp/TotalAmt07634607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01537657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01296199
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01885720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01688283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01226748
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07634607
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt027385
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034109
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt061494
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01787676
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt035247
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt034268
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt069515
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt068080
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1646578
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt257381
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows of Resources - OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01560
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03547
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt05107
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01133943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt198994
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2227027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3147988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources - OPEB
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01537657
IRS990ScheduleD/TotalBookValueLandBuildingsAmt064192
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0772039
IRS990ScheduleD/TotalExpensesPerForm990Amt01787676
IRS990ScheduleD/TotalLiabilityAmt01607952
IRS990ScheduleD/TotalRevenuePerForm990Amt01537657
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01537657
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01787676
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contract with a management company, Oakmont Education, to provide certain operational functions and management services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for review and back to the Treasurer for signature and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01193079
IRS990/TotalAssetsEOYAmt0900305
IRS990/TotalAssetsGrp/BOYAmt01193079
IRS990/TotalAssetsGrp/EOYAmt0900305
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01537657
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046260
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01741416
IRS990/TotalFunctionalExpensesGrp/TotalAmt01787676
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02401681
IRS990/TotalLiabilitiesEOYAmt02358926
IRS990/TotalLiabilitiesGrp/BOYAmt02401681
IRS990/TotalLiabilitiesGrp/EOYAmt02358926
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1208602
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1458621
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01741416
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt03250
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01537657
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01193079
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0900305
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1298545

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings