Civic Intelligence

Memphis Academy of Science and Engineering

990 • Fiscal year 2021 • EIN 72-1552646

Jul 01, 2020 to Jun 30, 2021 • Filed on May 02, 2022

Organization ProfileWWW.DISCOVERMASE.ORG
20 S Dudley St Ste 900Memphis, TN 38103

(901) 866-1400

Siviq Scores

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

Liabilities / Assets

97th percentile

1.41x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.67x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

55th percentile

15%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$250,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

38th percentile

4.8%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

16%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,377,802

Up $156,197 (+4.8%) from 2020

Net Assets

Up

-$1,389,796

Up $1,325,003 (+49%) from 2020

Liabilities

Down

$4,767,598

Down $1,168,806 (-20%) from 2020

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin55th percentile

Revenue

Up

$7,114,032

Up $989,144 (+16%) from 2020

Expenses

Up

$6,046,146

Up $173,581 (+3.0%) from 2020

Net Income

Up

$1,067,886

Up $815,563 (+323%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2021

Assets$3,377,802
Liabilities$4,767,598
Net Assets-$1,389,796
Open 2021 Filing

Operations Trend

Revenue Growth56th 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

2021

Revenue$7,114,032
Expenses$6,046,146
Net Income$1,067,886
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 2, 2022
Return Version
2020v4.2
Gross Receipts
$7,138,053
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
Cash and Non-Interest-Bearing Accounts$1,505,724$1,655,564▲ $149,840
Accounts Receivable$175,307$377,484▲ $202,177
Land, Buildings, and Equipment, Net$245,853$164,147▼ $81,706
Prepaid Expenses and Deferred Charges-$13,233-
Total Assets$3,221,605$3,377,802▲ $156,197
Other Assets Total$1,294,721$1,167,374▼ $127,347
Liabilities
Unsecured Notes Loans Payable$4,043,379$3,346,059▼ $697,320
Other Liabilities$1,535,333$1,239,767▼ $295,566
Accounts Payable and Accrued Expenses$346,942$171,022▼ $175,920
Deferred Revenue$10,750$10,750→ $0
Total Liabilities$5,936,404$4,767,598▼ $1,168,806
Net Assets / Fund Balance
Net Assets With Donor Restrictions$202,241$446,081▲ $243,840
Net Assets Without Donor Restrictions$-2,917,040$-1,835,877▲ $1,081,163
Total Net Assets Fund Balance$-2,714,799$-1,389,796▲ $1,325,003
Total Liabilities and Net Assets / Fund Balance$3,221,605$3,377,802▲ $156,197

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$105,278$1,282,042$1,387,320
Equipment$41,943$170,234$212,177
Other Land Buildings$16,926$135,345$152,271
Other Assets Org$688,696--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rodrick GastonExecutive DirectorFT$133,563$28,807$162,370

Board Members and Trustees

NameTitle
Steven J Bares PhdChairman
Darryl JacksonVice Chairman
Clifford JacksonDirector
Daniel CoppDirector
Gary LynchDirector
Holly ColemanDirector
Jessica BeckerDirector
Marc TaylorDirector
Sondra HowellDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Mississippi Boulevard Christian ChurchClassroom Space70 NORTH BELLEVUE BLVD, Memphis, TN 38104$272,824
Revenue and Support

Revenue Composition

Contributions and Grants
$1,624,806
Program Service Revenue
$5,475,272
Investment Income
$11,412
Other Revenue
$2,542
All Other Contributions
$43,949
Change in Net Assets
$1,067,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,114,032
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,021
Total Revenue per Audited Statements
$7,138,053
Total Revenue per Form 990
$7,114,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,686,185
Other Expenses$1,359,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,443,042$237,780-$3,680,822
Other Employee Benefits$516,511$57,390-$573,901
Occupancy$468,644$24,665-$493,309
Payroll Taxes$258,014$28,668-$286,682
Fees for Services Other$102,415$78,847-$181,262
Current Officers, Directors, Trustees, and Key Employees-$144,780-$144,780
Depreciation Depletion$114,196$6,010-$120,206
Interest-$101,103-$101,103
Fees for Services Accounting-$96,520-$96,520
Insurance$49,989$2,631-$52,620
Travel$38,058--$38,058
Other Expenses$22,505$24,525-$22,505
Advertising$6,885$1,721-$8,606
Fees for Services Legal$5,091--$5,091
Office Expenses-$1,666-$1,666
All Other Expenses-$1,148-$1,148
Total Functional Expenses$5,214,818$831,328$0$6,046,146

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,070,167
Expenses per Audited Statements$6,046,146
Total Expenses per Form 990$6,046,146
Expenses Not Reported on Form 990$24,021
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,021
Fundraising Gross Income$24,021
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Student Fundraisers$24,021$24,021$24,021$0
Total Events$24,021$24,021$24,021$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Angel GastonSpouse of Executive DirectorEmployee of Organization - WagesNo$60,137
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Memphis Bioworks Note Payable$927,120
Deferred Pension Inflow$312,647
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
Yes
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
No
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 organization's governing body.”

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

“Form 990 is reviewed by the board chair before it is filed and a copy is distributed to the board members after it is filed.”

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 15A

“Compensation is determined by discussion between the board chair and the other board members. Reviewed and approved by the chairman of the board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Memphis Academy of Science and
EIN
72-1552646
Phone
9018661400
Address
20 S DUDLEY ST STE 900, MEMPHIS, TN 38103

Signing Officer

Name
Steven J Bares
Title
Chairman of the Board
Phone
9018661400
Signed
2022-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven J Bares
Formed
2002
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
85
Volunteers
0

Preparer

Firm
Cannon Wright Blount Pllc
Address
756 RIDGE LAKE BLVD SUITE 100, MEMPHIS, TN 38120
Preparer
Stephanie L Livingston CPA
Phone
9016857500
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 24,021.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 24,021.”

Raw XML AppendixShowing 400 of 564 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.

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IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01587621
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0245853
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0164147
IRS990/LandBldgEquipCostOrOtherBssAmt01751768
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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/NetAssetsOrFundBalancesBOYAmt0-2714799
IRS990/NetAssetsOrFundBalancesEOYAmt0-1389796
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2917040
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1835877
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt024665
IRS990/OccupancyGrp/ProgramServicesAmt0468644
IRS990/OccupancyGrp/TotalAmt0493309
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01666
IRS990/OfficeExpensesGrp/TotalAmt01666
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01294721
IRS990/OtherAssetsTotalGrp/EOYAmt01167374
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt057390
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0516511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0573901
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3EXTRA-CURRICULAR ACTIVI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016170
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17704
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224525
IRS990/OtherExpensesGrp/ProgramServicesAmt0145809
IRS990/OtherExpensesGrp/ProgramServicesAmt143659
IRS990/OtherExpensesGrp/ProgramServicesAmt222505
IRS990/OtherExpensesGrp/TotalAmt0161979
IRS990/OtherExpensesGrp/TotalAmt151363
IRS990/OtherExpensesGrp/TotalAmt224525
IRS990/OtherExpensesGrp/TotalAmt322505
IRS990/OtherLiabilitiesGrp/BOYAmt01535333
IRS990/OtherLiabilitiesGrp/EOYAmt01239767
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02542
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02542
IRS990/OtherRevenueTotalAmt02542
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0237780
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03443042
IRS990/OtherSalariesAndWagesGrp/TotalAmt03680822
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028668
IRS990/PayrollTaxesGrp/ProgramServicesAmt0258014
IRS990/PayrollTaxesGrp/TotalAmt0286682
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013233
IRS990/PrincipalOfficerNm0STEVEN J BARES
IRS990/PriorPeriodAdjustmentsAmt0257117
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL ALLOCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05475272
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05475272
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0754560
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01971
IRS990/PYOtherExpensesAmt01538459
IRS990/PYOtherRevenueAmt0886
IRS990/PYProgramServiceRevenueAmt05367471
IRS990/PYRevenuesLessExpensesAmt0252323
IRS990/PYSalariesCompEmpBnftPaidAmt04334106
IRS990/PYTotalExpensesAmt05872565
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06124888
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01067886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05475272
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/BookValueAmt041943
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0170234
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0212177
IRS990ScheduleD/ExpensesNotReportedAmt024021
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06046146
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0105278
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01282042
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01387320
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0478678
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1688696
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET PENSION ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt024021
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016926
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0135345
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0152271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0927120
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1312647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMPHIS BIOWORKS NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED PENSION INFLOW
IRS990ScheduleD/OtherRevenueAmt024021
IRS990ScheduleD/RevenueNotReportedAmt024021
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07114032
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 24,021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 24,021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0164147
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01167374
IRS990ScheduleD/TotalExpensesPerForm990Amt06046146
IRS990ScheduleD/TotalLiabilityAmt01239767
IRS990ScheduleD/TotalRevenuePerForm990Amt07114032
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07138053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06070167
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 ON 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 SHELBY COUNTY SCHOOLS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024021
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STUDENT FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024021
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024021
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt024021
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1133563
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,377,802
Liabilities
$4,767,598
Net assets
-$1,389,796
Revenue
$7,114,032
Expenses
$6,046,146
Net income
$1,067,886
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