Civic Intelligence

Mpt Facility Inc.

990 • Fiscal year 2017 • EIN 46-3252777

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileN/A
125 Sussex AvenueNewark, NJ 07103

(973) 621-0015

Siviq Scores

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

Liabilities / Assets

96th percentile

1.12x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

12.96x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

3rd percentile

-64%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

42nd percentile

$218,249

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

21st percentile

-1.9%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

5.6%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$28,820,058

Down $567,360 (-1.9%) from 2016

Net Assets

Down

-$3,580,398

Down $1,601,400 (-81%) from 2016

Liabilities

Up

$32,400,456

Up $1,034,040 (+3.3%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

Up

$2,500,274

Up $133,028 (+5.6%) from 2016

Expenses

Down

$4,101,674

Down $9,955 (-0.2%) from 2016

Net Income

Up

-$1,601,400

Up $142,983 (+8.2%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$40M$20M$0-$20MAssets 2014: $30,588,503Liabilities 2014: $30,557,769Net Assets 2014: $30,7342014Assets 2015: $31,402,562Liabilities 2015: $31,199,729Net Assets 2015: $202,8332015Assets 2016: $29,387,418Liabilities 2016: $31,366,416Net Assets 2016: -$1,978,9982016Assets 2017: $28,820,058Liabilities 2017: $32,400,456Net Assets 2017: -$3,580,3982017Assets 2018: $28,689,892Liabilities 2018: $33,951,855Net Assets 2018: -$5,261,9632018Assets 2019: $27,628,033Liabilities 2019: $34,949,875Net Assets 2019: -$7,321,8422019Assets 2020: $27,462,174Liabilities 2020: $36,152,636Net Assets 2020: -$8,690,4622020Assets 2021: $27,105,188Liabilities 2021: $36,720,136Net Assets 2021: -$9,614,9482021Assets 2023: $28,350,313Liabilities 2023: $39,146,096Net Assets 2023: -$10,795,7832023Assets 2024: $27,742,335Liabilities 2024: $39,701,758Net Assets 2024: -$11,959,4232024

Highlighted filing

2017

Assets$28,820,058
Liabilities$32,400,456
Net Assets-$3,580,398
Open 2017 Filing

Operations Trend

Revenue Growth52nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2014: $971,624Expenses 2014: $940,890Net Income 2014: $30,7342014Revenue 2015: $1,962,319Expenses 2015: $1,790,220Net Income 2015: $172,0992015Revenue 2016: $2,367,246Expenses 2016: $4,111,629Net Income 2016: -$1,744,3832016Revenue 2017: $2,500,274Expenses 2017: $4,101,674Net Income 2017: -$1,601,4002017Revenue 2018: $2,376,075Expenses 2018: $4,057,640Net Income 2018: -$1,681,5652018Revenue 2019: $2,518,217Expenses 2019: $4,578,096Net Income 2019: -$2,059,8792019Revenue 2020: $2,660,745Expenses 2020: $4,029,365Net Income 2020: -$1,368,6202020Revenue 2021: $1,327,699Expenses 2021: $2,010,891Net Income 2021: -$683,1922021Revenue 2023: $2,652,437Expenses 2023: $3,982,944Net Income 2023: -$1,330,5072023Revenue 2024: $2,797,364Expenses 2024: $3,961,004Net Income 2024: -$1,163,6402024

Highlighted filing

2017

Revenue$2,500,274
Expenses$4,101,674
Net Income-$1,601,400
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,500,274
Mission and Program Overview

Mission

Mpt facility, inc. ("mpt facility"), a new jersey non-profit corporation was established to assist friends of marion p. Thomas and the marion p. Thomas school in the development and financing of public school facilities.

The mpt facility, inc. Was organized exclusively, for the benefit of, or to carry out the purposes of the friends of marion p. Thomas charter school, a 501(c)(3). In particular, the organization shall purchase, hold title to, improve, develop, construct, renovate, operate, lease or otherwise manage educational facilities for lease by friends of mptcs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,138,914$26,547,587▼ $591,327
Savings and Temporary Cash Investments$639,907$591,058▼ $48,849
Total Assets$29,387,418$28,820,058▼ $567,360
Other Assets Total$1,608,597$1,681,413▲ $72,816
Liabilities
Tax Exempt Bond Liabilities$25,537,500$26,672,500▲ $1,135,000
Other Liabilities$5,500,000$5,500,000→ $0
Deferred Revenue$225,396$225,396→ $0
Accounts Payable and Accrued Expenses$103,520$2,560▼ $100,960
Total Liabilities$31,366,416$32,400,456▲ $1,034,040
Net Assets / Fund Balance
Unrestricted Net Assets$-1,978,998$-3,580,398▼ $1,601,400
Total Net Assets Fund Balance$-1,978,998$-3,580,398▼ $1,601,400
Total Liabilities and Net Assets / Fund Balance$29,387,418$28,820,058▼ $567,360

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,291,126$1,619,407$25,910,533
Land$2,256,461-$2,256,461
Other Assets Org$616,373--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Rev Garvey InceExecutive DirectorPT$102,371$102,371

Board Members and Trustees

NameTitle
Brian HankersonBoard Member
Melvinea WilliamsBoard Member
Karen Young-thomasBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,555,557
Program Service Revenue
$944,273
Investment Income
$444
Other Revenue
$0
Change in Net Assets
$-1,601,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,101,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,222,670--$2,222,670
Depreciation Depletion$647,763$64,548-$712,311
Other Expenses$29,133--$29,133
Fees for Services Other$2,560--$2,560
Total Functional Expenses$4,037,126$64,548$0$4,101,674
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
Direct Loans Payable$5,500,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANew Jersey Economic Development Authority2014-05-30$35,000,000Finance acquisition property contstruction of school facility at sussex ave.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$35,000,000--$1,290,958

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

“The draft form 990 is provided by management to board members via e-mail for a detail review. Comments and changes from the members are incorporated into the form 990. The revised draft form 990 is provided to the board members via e-mail for review and approval prior to filing.”

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

“Officers and members of the board are required to complete an annual disclosure form of condition or situation that could give rise to conflict of interest. Disclosures are reviewed by the board for compliance with policy. If a conflict is noted, the member of the board will not be allowed to vote on the matter related to the conflict of interest noted.”

Form 990, Part VI, Section B, Line 15

“Although no compensation is paid to the officers of the organization, the board has a standing policy of reviewing all compensation, basis of such compensation and data from comparable organization.”

Form 990, Part VI, Section C, Line 19

“The governing documents, financial statements and conflict of interest policy are available upon request at 125 sussex avenue, newark, nj. Its form 990 is also available at www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Mpt Facility Inc
EIN
46-3252777
Phone
9736210015
Address
125 SUSSEX AVENUE, NEWARK, NJ 07103

Signing Officer

Name
Garvey Ince
Title
Executive Director
Phone
9736210015
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garvey Ince
Formed
2013
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Galleros Koh Llp
Address
115 DAVIS STATION ROAD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleros
Phone
7324622020
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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/ActivityOrMissionDesc0THE MPT FACILITY, INC. WAS ORGANIZED EXCLUSIVELY, FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF THE FRIENDS OF MARION P. THOMAS CHARTER SCHOOL, A 501(C)(3). IN PARTICULAR, THE ORGANIZATION SHALL PURCHASE, HOLD TITLE TO, IMPROVE, DEVELOP, CONSTRUCT, RENOVATE, OPERATE, LEASE OR OTHERWISE MANAGE EDUCATIONAL FACILITIES FOR LEASE BY FRIENDS OF MPTCS.
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01065040
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1616373
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIRECT LOANS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026547587
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01681413
IRS990ScheduleD/TotalLiabilityAmt05500000
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0200999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt011624
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05626
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KAREN YOUNG-THOMAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0218249
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt035000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0FINANCE ACQUISITION PROPERTY CONTSTRUCTION OF SCHOOL FACILITY AT SUSSEX AVE.
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt028110559
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt01813263
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0639907
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt01290958
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02015
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt035000000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT FORM 990 IS PROVIDED BY MANAGEMENT TO BOARD MEMBERS VIA E-MAIL FOR A DETAIL REVIEW. COMMENTS AND CHANGES FROM THE MEMBERS ARE INCORPORATED INTO THE FORM 990. THE REVISED DRAFT FORM 990 IS PROVIDED TO THE BOARD MEMBERS VIA E-MAIL FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND MEMBERS OF THE BOARD ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM OF CONDITION OR SITUATION THAT COULD GIVE RISE TO CONFLICT OF INTEREST. DISCLOSURES ARE REVIEWED BY THE BOARD FOR COMPLIANCE WITH POLICY. IF A CONFLICT IS NOTED, THE MEMBER OF THE BOARD WILL NOT BE ALLOWED TO VOTE ON THE MATTER RELATED TO THE CONFLICT OF INTEREST NOTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALTHOUGH NO COMPENSATION IS PAID TO THE OFFICERS OF THE ORGANIZATION, THE BOARD HAS A STANDING POLICY OF REVIEWING ALL COMPENSATION, BASIS OF SUCH COMPENSATION AND DATA FROM COMPARABLE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT 125 SUSSEX AVENUE, NEWARK, NJ. ITS FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FRIENDS OF MARION PTHOMAS CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MARION P THOMAS CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0020731318
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1223531113
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE SUPPORT, THROUGH ASSETS AND RESOURCES FOR MPTCS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CHARTER SCHOOL EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509 (A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1170(B)(1)(A)(II)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0370 S 7TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1370 S 7TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEWARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEWARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd107103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE CONTRACT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1INTEREST EXPENSE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MARION P THOMAS CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FRIENDS OF MARION P THOMAS CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt025537500
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt026672500
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt029387418
IRS990/TotalAssetsEOYAmt028820058
IRS990/TotalAssetsGrp/BOYAmt029387418
IRS990/TotalAssetsGrp/EOYAmt028820058
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01555557
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064548
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04037126
IRS990/TotalFunctionalExpensesGrp/TotalAmt04101674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031366416
IRS990/TotalLiabilitiesEOYAmt032400456
IRS990/TotalLiabilitiesGrp/BOYAmt031366416
IRS990/TotalLiabilitiesGrp/EOYAmt032400456
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1978998
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3580398
IRS990/TotalOtherCompensationAmt017250

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$28,820,058
Liabilities
$32,400,456
Net assets
-$3,580,398
Revenue
$2,500,274
Expenses
$4,101,674
Net income
-$1,601,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.7$39.7$12.0$2.80$3.96$1.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$39.1$10.8$2.65$3.98$1.33
2021Detailed filing. Detailed filing data is available for this year.$27.1$36.7$9.61$1.33$2.01$0.68
2020Detailed filing. Detailed filing data is available for this year.$27.5$36.2$8.69$2.66$4.03$1.37
2019Detailed filing. Detailed filing data is available for this year.$27.6$34.9$7.32$2.52$4.58$2.06
2018Detailed filing. Detailed filing data is available for this year.$28.7$34.0$5.26$2.38$4.06$1.68
2017Detailed filing. Detailed filing data is available for this year.$28.8$32.4$3.58$2.50$4.10$1.60
2016Detailed filing. Detailed filing data is available for this year.$29.4$31.4$1.98$2.37$4.11$1.74
2015Detailed filing. Detailed filing data is available for this year.$31.4$31.2$0.20$1.96$1.79$0.17
2014Detailed filing. Detailed filing data is available for this year.$30.6$30.6$0.03$0.97$0.94$0.03