Civic Intelligence

Memphis Academy of Science and Engineering

990 • Fiscal year 2014 • EIN 72-1552646

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 15, 2015

Organization ProfileWWW.DISCOVERMASE.ORG
20 S Dudley No 900Memphis, TN 38103

(901) 685-5455

Siviq Scores

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

Liabilities / Assets

100th percentile

5.60x

Higher debt load relative to assets than 100% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

2.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

5th percentile

-53%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$354,112

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

1st percentile

-74%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-38%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$1,014,271

Down $2,949,471 (-74%) from 2013

Net Assets

Down

-$4,666,168

Down $1,358,551 (-41%) from 2013

Liabilities

Down

$5,680,439

Down $1,590,920 (-22%) from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin5th percentile

Revenue

Down

$2,543,394

Down $1,578,758 (-38%) from 2013

Expenses

Down

$3,901,945

Down $867,864 (-18%) from 2013

Net Income

Down

-$1,358,551

Down $710,894 (-110%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $4,942,153Liabilities 2010: $5,937,081Net Assets 2010: -$994,9282010Assets 2011: $4,472,905Liabilities 2011: $6,244,713Net Assets 2011: -$1,771,8082011Assets 2012: $4,081,629Liabilities 2012: $6,741,589Net Assets 2012: -$2,659,9602012Assets 2013: $3,963,742Liabilities 2013: $7,271,359Net Assets 2013: -$3,307,6172013Assets 2014: $1,014,271Liabilities 2014: $5,680,439Net Assets 2014: -$4,666,1682014Assets 2015: $1,389,798Liabilities 2015: $6,186,014Net Assets 2015: -$4,796,2162015Assets 2016: $1,734,260Liabilities 2016: $6,478,888Net Assets 2016: -$4,744,6282016Assets 2017: $1,266,575Liabilities 2017: $5,753,535Net Assets 2017: -$4,486,9602017Assets 2018: $1,728,807Liabilities 2018: $5,706,526Net Assets 2018: -$3,977,7192018Assets 2019: $2,147,712Liabilities 2019: $5,114,834Net Assets 2019: -$2,967,1222019Assets 2020: $3,221,605Liabilities 2020: $5,936,404Net Assets 2020: -$2,714,7992020Assets 2021: $3,377,802Liabilities 2021: $4,767,598Net Assets 2021: -$1,389,7962021Assets 2022: $6,415,128Liabilities 2022: $3,943,727Net Assets 2022: $2,471,4012022Assets 2023: $4,663,179Liabilities 2023: $1,765,342Net Assets 2023: $2,897,8372023Assets 2024: $5,777,100Liabilities 2024: $1,300,771Net Assets 2024: $4,476,3292024Assets 2025: $5,159,319Liabilities 2025: $1,778,928Net Assets 2025: $3,380,3912025

Highlighted filing

2014

Assets$1,014,271
Liabilities$5,680,439
Net Assets-$4,666,168
Open 2014 Filing

Operations Trend

Revenue Growth7th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,495,1472010Revenue 2011: $6,228,695Expenses 2011: $6,953,282Net Income 2011: -$724,5872011Expenses 2012: $5,623,8902012Revenue 2013: $4,122,152Expenses 2013: $4,769,809Net Income 2013: -$647,6572013Revenue 2014: $2,543,394Expenses 2014: $3,901,945Net Income 2014: -$1,358,5512014Revenue 2015: $3,620,108Expenses 2015: $3,396,327Net Income 2015: $223,7812015Revenue 2016: $3,822,247Expenses 2016: $3,770,659Net Income 2016: $51,5882016Revenue 2017: $4,509,271Expenses 2017: $4,251,605Net Income 2017: $257,6662017Revenue 2018: $4,927,644Expenses 2018: $4,418,403Net Income 2018: $509,2412018Revenue 2019: $6,133,900Expenses 2019: $5,123,303Net Income 2019: $1,010,5972019Revenue 2020: $6,124,888Expenses 2020: $5,872,565Net Income 2020: $252,3232020Revenue 2021: $7,114,032Expenses 2021: $6,046,146Net Income 2021: $1,067,8862021Revenue 2022: $10,614,851Expenses 2022: $6,750,257Net Income 2022: $3,864,5942022Revenue 2023: $9,079,674Expenses 2023: $8,653,237Net Income 2023: $426,4372023Revenue 2024: $11,987,175Expenses 2024: $10,408,683Net Income 2024: $1,578,4922024Revenue 2025: $10,427,626Expenses 2025: $11,523,564Net Income 2025: -$1,095,9382025

Highlighted filing

2014

Revenue$2,543,394
Expenses$3,901,945
Net Income-$1,358,551
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 15, 2015
Return Version
2013v4.0
Gross Receipts
$5,116,969
Mission and Program Overview

Mission

To produce lifelong learners, critical thinkers, effective communicators, and productive members of the global community

To produce lifelong learners, critical thinkers, effective communicators, and productive members of the global community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,684,867$854,453▼ $2,830,414
Accounts Receivable$106,377$98,620▼ $7,757
Prepaid Expenses and Deferred Charges$165,873$61,198▼ $104,675
Loans From Officers Directors$50,000$50,000→ $0
Cash and Non-Interest-Bearing Accounts$6,625$0▼ $6,625
Total Assets$3,963,742$1,014,271▼ $2,949,471
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,774,729$3,771,059▼ $3,670
Other Liabilities$3,074,341$1,460,464▼ $1,613,877
Accounts Payable and Accrued Expenses$372,289$398,916▲ $26,627
Total Liabilities$7,271,359$5,680,439▼ $1,590,920
Net Assets / Fund Balance
Temporarily Rstr Net Assets$9,126$0▼ $9,126
Unrestricted Net Assets$-3,316,743$-4,666,168▼ $1,349,425
Total Net Assets Fund Balance$-3,307,617$-4,666,168▼ $1,358,551
Total Liabilities and Net Assets / Fund Balance$3,963,742$1,014,271▼ $2,949,471

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$78,810$1,630,035$1,708,845
Leasehold Improvements$753,370$671,595$1,424,965
Other Land Buildings$22,273$165,647$187,920
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Steven JbaresChairman & Executive Director
Dan CoppDirector
Darryl JacksonDirector
Doug McgowenDirector
Gary LynchDirector
Owen Phillips MdDirector
Sharon MyersDirector
Tiffany JonesDirector
Brandon WellfordCFO
Susan HuffmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mississippi Blvd ChristianClassroom Space-$323,128
Revenue and Support

Revenue Composition

Contributions and Grants
$3,003,430
Program Service Revenue
$111,299
Investment Income
$-573,535
Other Revenue
$2,200
All Other Contributions
$142,719
Change in Net Assets
$-1,358,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,543,394
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$573,575
Total Revenue per Audited Statements
$3,116,969
Total Revenue per Form 990
$2,543,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,263,695
Other Expenses$1,638,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,356,217$452,072-$1,808,289
Occupancy$504,915$126,229-$631,144
Pension Plan Contributions$217,602$72,534-$290,136
Depreciation Depletion$256,840--$256,840
Payroll Taxes$123,952$41,318-$165,270
Interest-$130,457-$130,457
All Other Expenses$44,710$44,346-$89,056
Fees for Services Other-$79,242-$79,242
Fees for Services Accounting-$62,260-$62,260
Travel$37,271$12,424-$49,695
Other Expenses$34,580$8,645-$43,225
Insurance$26,584$8,862-$35,446
Advertising$7,960$1,990-$9,950
Total Functional Expenses$2,847,907$1,054,038$0$3,901,945

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,475,520
Expenses per Audited Statements$3,901,945
Total Expenses per Form 990$3,901,945
Expenses Not Reported on Form 990$573,575
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Memphis Bioworks Note Payable$908,686
Notes Payable - Long-term$450,000
Memphis City Schools Note Payable$100,736
Bank Overdraft$1,042
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 A, Line 8B

“There are no committees within the organizations governing body.”

Form 990, Part VI, Section B, Line 11

“Copies of form 990 are available to any members of the governing body upon request, and the chairman of the board signs the tax return.”

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

“New conflict of interest forms are required to be filed annually by each member of the board of directors.”

Form 990, Part VI, Section B, Line 15

“Reviewed and approved by the chairman of the board.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

EIN
72-1552646
Phone
9016855455

Signing Officer

Name
Steven J Bares
Title
Chairman of the Board
Phone
9016855455
Signed
2015-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven J Bares
Formed
2002
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
8
Employees
95
Volunteers
0

Preparer

Preparer
Frank P Lamanna CPA
Phone
9016838899
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on asset sale 573,575.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on asset sale 573,575.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN & EXECUTIVE DIRECTOR
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE MEMPHIS ACADEMY OF SCIENCE AND ENGINEERING (MASE) IS TO PRODUCE LIFELONG LEARNERS, CRITICAL THINKERS, EFFECTIVE COMMUNICATORS, AND PRODUCTIVE MEMBERS OF THE GLOBAL COMMUNITY THROUGH A FOCUS ON STATE AND NATIONAL STANDARDS, STRONG INDUSTRIAL PARTNERSHIPS, NUMEROUS RESEARCH OPPORTUNITIES, CONTINUOUS TECHNOLOGICAL IMPROVEMENTS, AND A STAFF COMMITTED TO SOCIAL AWARENESS, EXCELLENCE, AND PERSONAL RESPONSIBILITY. STUDENTS ARE COMMITTED TO THE IDEA THAT SUCCESS IN ANY FORM IS THE RESULT OF HARD WORK, SELF-RESPECT AND PERSEVERANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03774729
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03771059
IRS990/NetAssetsOrFundBalancesBOYAmt0-3307617
IRS990/NetAssetsOrFundBalancesEOYAmt0-4666168
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-573575
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-573575
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0126229
IRS990/OccupancyGrp/ProgramServicesAmt0504915
IRS990/OccupancyGrp/TotalAmt0631144
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc2STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013659
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18645
IRS990/OtherExpensesGrp/ProgramServicesAmt097398
IRS990/OtherExpensesGrp/ProgramServicesAmt177399
IRS990/OtherExpensesGrp/ProgramServicesAmt262479
IRS990/OtherExpensesGrp/ProgramServicesAmt334580
IRS990/OtherExpensesGrp/TotalAmt097398
IRS990/OtherExpensesGrp/TotalAmt191058
IRS990/OtherExpensesGrp/TotalAmt262479
IRS990/OtherExpensesGrp/TotalAmt343225
IRS990/OtherLiabilitiesGrp/BOYAmt03074341
IRS990/OtherLiabilitiesGrp/EOYAmt01460464
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC. REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02200
IRS990/OtherRevenueTotalAmt02200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0452072
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01356217
IRS990/OtherSalariesAndWagesGrp/TotalAmt01808289
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt041318
IRS990/PayrollTaxesGrp/ProgramServicesAmt0123952
IRS990/PayrollTaxesGrp/TotalAmt0165270
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt072534
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0217602
IRS990/PensionPlanContributionsGrp/TotalAmt0290136
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0165873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061198
IRS990/PrincipalOfficerNm0STEVEN J BARES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0LUNCH SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0111299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0111299
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03972900
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt082
IRS990/PYOtherExpensesAmt01568213
IRS990/PYOtherRevenueAmt01172
IRS990/PYProgramServiceRevenueAmt0147998
IRS990/PYRevenuesLessExpensesAmt0-647657
IRS990/PYSalariesCompEmpBnftPaidAmt03201596
IRS990/PYTotalExpensesAmt04769809
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04122152
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1358551
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt015000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0111299
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt078810
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01630035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01708845
IRS990ScheduleD/ExpensesNotReportedAmt0573575
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03901945
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0753370
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0671595
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01424965
IRS990ScheduleD/OtherExpensesIncludedAmt0573575
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022273
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0165647
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0187920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0450000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1908686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2100736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE - LONG-TERM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMPHIS BIOWORKS NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MEMPHIS CITY SCHOOLS NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BANK OVERDRAFT
IRS990ScheduleD/OtherRevenueAmt0573575
IRS990ScheduleD/RevenueNotReportedAmt0573575
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02543394
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON ASSET SALE 573,575.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON ASSET SALE 573,575.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0854453
IRS990ScheduleD/TotalExpensesPerForm990Amt03901945
IRS990ScheduleD/TotalLiabilityAmt01460464
IRS990ScheduleD/TotalRevenuePerForm990Amt02543394
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03116969
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04475520
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY IS DESCRIBED IN THE WEBSITE AND DURING THE REGISTRATION PROCESS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1STARTING WITH THE 2010/2011 SCHOOL YEAR, MASE RECEIVES FROM THE STATE OF TENNESSEE PAYMENTS FOR FACILITIES AND MEALS (FOR STUDENTS WHO QUALIFY). MASE ALSO RECEIVES FUNDING FROM MEMPHIS CITY SCHOOLS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0321835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1137612
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt032277
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt137627
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVEN JBARES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BRANDON WELLFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN & EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,014,271
Liabilities
$5,680,439
Net assets
-$4,666,168
Revenue
$2,543,394
Expenses
$3,901,945
Net income
-$1,358,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.16$1.78$3.38$10.4$11.5$1.10
2024Detailed filing. Detailed filing data is available for this year.$5.78$1.30$4.48$12.0$10.4$1.58
2023Detailed filing. Detailed filing data is available for this year.$4.66$1.77$2.90$9.08$8.65$0.43
2022Detailed filing. Detailed filing data is available for this year.$6.42$3.94$2.47$10.6$6.75$3.86
2021Detailed filing. Detailed filing data is available for this year.$3.38$4.77$1.39$7.11$6.05$1.07
2020Detailed filing. Detailed filing data is available for this year.$3.22$5.94$2.71$6.12$5.87$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.15$5.11$2.97$6.13$5.12$1.01
2018Detailed filing. Detailed filing data is available for this year.$1.73$5.71$3.98$4.93$4.42$0.51
2017Detailed filing. Detailed filing data is available for this year.$1.27$5.75$4.49$4.51$4.25$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.73$6.48$4.74$3.82$3.77$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.39$6.19$4.80$3.62$3.40$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.01$5.68$4.67$2.54$3.90$1.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$7.27$3.31$4.12$4.77$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$6.74$2.66$5.62
2011Summary only. Only limited summary data is available for this year.$4.47$6.24$1.77$6.23$6.95$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$5.94$0.99$6.50