Civic Intelligence

Mast Community Charter School II

EIN 47-3810173 • 501(c)3 • Philadelphia, PA

Profile

The objectives and purposes of the school are: (1) to foster quality public education and to advance the interests of public school students through the promotion and advocacy of community schools; (2) to stimulate and replicate the development of innovative programs in public education with an emphasis on mathematics, science and technology; (3) to provide opportunities for learning and assessments; (4) to provide parents and students with greater educational options in choosing a school; and (5) to hold teachers, parents, and school administrators accountable for the student educational process. The school is incorporated under the nonprofit corporation law of 1988, as amended, of the commonwealth of pennsylvania, and shall be organized and operated exclusively for charitable, scientific, literary and educational purposes permitted within the scope of sec. 501(c)(3) of the irc of 1986, as amended, including the purposes specified in act. No. 1997-22 of the general assembly of pa.

1800 East Byberry RoadPhiladelphia, PA 19116

www.mast2.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.66x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

1.38x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

4.7%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Up

$81,158,460

Up $8,931,999 (+12%) from 2023

Liabilities

Up

$49,121,529

Up $1,375,731 (+2.9%) from 2023

Net Assets

Up

$32,036,931

Up $7,556,268 (+31%) from 2023

Revenue

Up

$42,731,688

Up $8,130,025 (+23%) from 2023

Expenses

Up

$35,175,420

Up $5,278,578 (+18%) from 2023

Net Income

Up

$7,556,268

Up $2,851,447 (+61%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2016: $433,828Liabilities 2016: $433,828Net Assets 2016: $02016Assets 2017: $2,714,691Liabilities 2017: $1,003,702Net Assets 2017: $1,710,9892017Assets 2018: $4,793,174Liabilities 2018: $1,358,071Net Assets 2018: $3,435,1032018Assets 2019: $6,528,524Liabilities 2019: $2,144,580Net Assets 2019: $4,383,9442019Assets 2020: $9,056,268Liabilities 2020: $1,781,379Net Assets 2020: $7,274,8892020Assets 2021: $15,675,168Liabilities 2021: $2,092,896Net Assets 2021: $13,582,2722021Assets 2022: $69,002,210Liabilities 2022: $49,226,368Net Assets 2022: $19,775,8422022Assets 2023: $72,226,461Liabilities 2023: $47,745,798Net Assets 2023: $24,480,6632023Assets 2024: $81,158,460Liabilities 2024: $49,121,529Net Assets 2024: $32,036,9312024

Highlighted filing

2024

Assets$81,158,460
Liabilities$49,121,529
Net Assets$32,036,931

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0Revenue 2016: $106,056Expenses 2016: $106,056Net Income 2016: $02016Revenue 2017: $6,447,351Expenses 2017: $4,736,362Net Income 2017: $1,710,9892017Revenue 2018: $8,711,812Expenses 2018: $6,987,698Net Income 2018: $1,724,1142018Revenue 2019: $9,426,309Expenses 2019: $8,477,468Net Income 2019: $948,8412019Revenue 2020: $15,622,036Expenses 2020: $12,731,091Net Income 2020: $2,890,9452020Revenue 2021: $22,231,273Expenses 2021: $15,923,890Net Income 2021: $6,307,3832021Revenue 2022: $29,931,842Expenses 2022: $23,738,272Net Income 2022: $6,193,5702022Revenue 2023: $34,601,663Expenses 2023: $29,896,842Net Income 2023: $4,704,8212023Revenue 2024: $42,731,688Expenses 2024: $35,175,420Net Income 2024: $7,556,2682024

Highlighted filing

2024

Revenue$42,731,688
Expenses$35,175,420
Net Income$7,556,268

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$42,731,688
Mission and Program Overview

Mission

The objectives and purposes of the School are: (1) to foster quality public education and to advance the interests of public school students through the promotion and advocacy of community schools; (2) to stimulate and replicate the development of innovative programs in public education with an emphasis on mathematics, science and technology; (3) to provide opportunities for learning and assessments; (4) to provide parents and students with greater educational options in choosing a school; and (5) to hold teachers, parents, and school administrators accountable for the student educational process. The School is incorporated under the Nonprofit Corporation Law of 1988, as amended, of the Commonwealth of Pennsylvania, and shall be organized and operated exclusively for charitable, scientific, literary and educational purposes permitted within the scope of Sec. 501(c)(3) of the IRC of 1986, as amended, including the purposes specified in Act. No. 1997-22 of the General Assembly of PA.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$47,654,151$47,393,793▼ $260,358
Savings and Temporary Cash Investments$19,885,301$30,479,341▲ $10,594,040
Pledges and Grants Receivable$2,327,785$1,733,049▼ $594,736
Prepaid Expenses and Deferred Charges$521,101$685,461▲ $164,360
Cash and Non-Interest-Bearing Accounts$1,641,984$585,908▼ $1,056,076
Accounts Receivable$79,505$147,716▲ $68,211
Inventories for Sale or Use$116,634$0▼ $116,634
Total Assets$72,226,461$81,158,460▲ $8,931,999
Other Assets Total$0$133,192▲ $133,192
Liabilities
Other Liabilities$45,511,496$46,072,965▲ $561,469
Accounts Payable and Accrued Expenses$1,735,397$2,414,434▲ $679,037
Deferred Revenue$498,905$634,130▲ $135,225
Total Liabilities$47,745,798$49,121,529▲ $1,375,731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,480,663$32,036,931▲ $7,556,268
Total Net Assets Fund Balance$24,480,663$32,036,931▲ $7,556,268
Total Liabilities and Net Assets / Fund Balance$72,226,461$81,158,460▲ $8,931,999

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,078,687$5,548,362$49,627,049
Equipment$1,625,802$1,690,433$3,316,235
Leasehold Improvements$1,086,747$1,123,264$2,210,011
Other Land Buildings$602,557$1,169,006$1,771,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Whitney EllaisySchool Building LeaderFT$120,520$27,001$147,521
James RenningerHigh School PrincipalFT$104,919$26,221$131,140
Lindsey FlemingSped CoordinatorFT$106,640$12,442$119,082
Caitlin MarshallBuilding LeaderFT$103,557$12,288$115,845
Kirsten HurleyBuilding LeaderFT$104,137$5,207$109,344
Kimberly VolzBuilding LeaderFT$101,226$5,061$106,287

Board Members and Trustees

NameTitle
Louis DecreeBoard President
Jessica MartinezBoard Vice President
Katie McfaddenBoard Member
Mike Capizzi SrBoard Member
Tosch TraylorBoard Member
Chris PienkowskiBoard Secretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Nutrition INCFood Service Management580 WENDEL RD SUITE 100, Irwin, PA 15642$900,523
Brett Dinovi & Associates LLCProfessional Services - Sped3000 ATRIUM WAY SUITE 430, Mt Laurel Township, NJ 08054$659,685
Mac's Janitorial ServicesCustodial Services1273 N CHURCH STREET SUITE 108, Moorestown, NJ 08057$365,595
Aspire Educational Services INCProfessional Services - Sped1800 BYBERRY ROAD, Huntingdon Valley, PA 19006$362,482
Cdw Government INCInstructional Technology200 N MILWAUKEE AVE, Vernon Hills, IL 60061$279,788
Revenue and Support

Revenue Composition

Contributions and Grants
$10,119,437
Program Service Revenue
$31,478,698
Investment Income
$962,324
Other Revenue
$171,229
All Other Contributions
$184,986
Change in Net Assets
$7,556,268

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,731,688
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$42,731,688
Total Revenue per Form 990
$42,731,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,185,225
Other Expenses$15,990,195
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,304,267$1,163,492-$14,467,759
Occupancy$3,174,750$352,680-$3,527,430
Fees for Services Other$2,757,860$386,557-$3,144,417
Interest$2,405,256--$2,405,256
Other Employee Benefits$1,994,758$129,093-$2,123,851
Payments to Affiliates-$1,881,217-$1,881,217
Payroll Taxes$1,104,093$149,491-$1,253,584
Depreciation Depletion$1,052,389--$1,052,389
Current Officers, Directors, Trustees, and Key Employees-$751,080-$751,080
Information Technology$332,733$280,477-$613,210
Pension Plan Contributions$548,635$40,316-$588,951
Office Expenses$311,272$193,624-$504,896
Insurance$110,126$333,231-$443,357
Fees for Services Management-$175,268-$175,268
Fees for Services Legal$62,171$56,538-$118,709
Conferences and Meetings$19,326$60,755-$80,081
Other Expenses$280,486$56,655-$56,655
Fees for Services Accounting-$35,400-$35,400
All Other Expenses-$16,461-$16,461
Advertising-$12,152-$12,152
Travel$2,143--$2,143
Total Functional Expenses$29,100,933$6,074,487$0$35,175,420

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$35,175,420
Total Expenses per Audited Statements$35,175,420
Total Expenses per Form 990$35,175,420
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 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
Lease Obligations$46,072,965
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Business management duties are performed by santilli & thomson, llc. Educational and administrative duties are performed by mathematics, science and technology community charter school.

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

The 990 is prepared by the organization's outside cpa firm, reviewed by the business office, and presented to the finance committee by the business manager and cpa firm.

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

All key employees and board members are required to file a conflict of interest policy once a year. If any conflicts arise, all individuals are required to report such conflict information.

Form 990, Part VI, Section B, Line 15

Comparison is made to salaries at other charter schools. All salaries are approved by board members.

Form 990, Part VI, Section C, Line 18

Documents are available upon request.

Form 990, Part VI, Section C, Line 19

FURNISHED UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Mast Community Charter School Ii
EIN
47-3810173
Phone
2673481100
Address
1800 EAST BYBERRY ROAD, PHILADELPHIA, PA 19116

Signing Officer

Name
Louis J Decree
Title
Board President
Phone
2673481100
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis J Decree
Formed
2014
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
339
Volunteers
0

Preparer

Firm
Cantor Novak Beaver & Pike Pc
Address
41 UNIVERSITY DRIVE, NEWTOWN, PA 18940
Preparer
Daniel D Pike CPA
Phone
2155502952
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of trustees assumes responsibility for oversight of the audit and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. At june 30, 2024, the school has no recorded tax liability for unrelated business activity, as it does not believe it is involved in any such activities. The school believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm4JESSICA MARTINEZ
IRS990/Form990PartVIISectionAGrp/PersonNm5KATIE MCFADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm6WHITNEY ELLAISY
IRS990/Form990PartVIISectionAGrp/PersonNm7CAITLIN MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm8KIMBERLY VOLZ
IRS990/Form990PartVIISectionAGrp/PersonNm9KIRSTEN HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10LINDSEY FLEMING
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES RENNINGER
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IRS990/MissionDesc0THE OBJECTIVES AND PURPOSES OF THE SCHOOL ARE: (1) TO FOSTER QUALITY PUBLIC EDUCATION AND TO ADVANCE THE INTERESTS OF PUBLIC SCHOOL STUDENTS THROUGH THE PROMOTION AND ADVOCACY OF COMMUNITY SCHOOLS; (2) TO STIMULATE AND REPLICATE THE DEVELOPMENT OF INNOVATIVE PROGRAMS IN PUBLIC EDUCATION WITH AN EMPHASIS ON MATHEMATICS, SCIENCE AND TECHNOLOGY; (3) TO PROVIDE OPPORTUNITIES FOR LEARNING AND ASSESSMENTS; (4) TO PROVIDE PARENTS AND STUDENTS WITH GREATER EDUCATIONAL OPTIONS IN CHOOSING A SCHOOL; AND (5) TO HOLD TEACHERS, PARENTS, AND SCHOOL ADMINISTRATORS ACCOUNTABLE FOR THE STUDENT EDUCATIONAL PROCESS. THE SCHOOL IS INCORPORATED UNDER THE NONPROFIT CORPORATION LAW OF 1988, AS AMENDED, OF THE COMMONWEALTH OF PENNSYLVANIA, AND SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES PERMITTED WITHIN THE SCOPE OF SEC. 501(C)(3) OF THE IRC OF 1986, AS AMENDED, INCLUDING THE PURPOSES SPECIFIED IN ACT. NO. 1997-22 OF THE GENERAL ASSEMBLY OF PA.
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