Civic Intelligence

The Masters Academy

EIN 81-1689040 • 501(c)3 • Forest City, NC

Profile

Nonprofit school providing a forest school, an outdoor school, and a traditional indoor school with a classical curriculum program and extracurriculars.

120 School DrForest City, NC 28043-3680
Siviq Scores

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

Liabilities / Assets

97th percentile

1.98x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

70th percentile

0.11x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

42nd percentile

1.0%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

6th percentile

-42%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$40,826

Down $1,140 (-2.7%) from 2024

Liabilities

Up

$80,684

Up $42,706 (+112%) from 2024

Net Assets

Down

-$39,858

Down $43,846 (-1099%) from 2024

Operations
Liabilities / Revenue70th percentileNet Margin42nd percentile

Revenue

Down

$745,896

Down $175,099 (-19%) from 2024

Expenses

Down

$738,808

Down $198,807 (-21%) from 2024

Net Income

Up

$7,088

Up $23,708 (+143%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth6th percentile

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

$150K$100K$50K$0-$50KAssets 2023: $119,740Liabilities 2023: $9,040Net Assets 2023: $110,7002023Assets 2024: $41,966Liabilities 2024: $37,978Net Assets 2024: $3,9882024Assets 2025: $40,826Liabilities 2025: $80,684Net Assets 2025: -$39,8582025

Highlighted filing

2025

Assets$40,826
Liabilities$80,684
Net Assets-$39,858
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

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

$1.0M$500K$0-$500KRevenue 2023: $949,884Expenses 2023: $891,954Net Income 2023: $57,9302023Revenue 2024: $920,995Expenses 2024: $937,615Net Income 2024: -$16,6202024Revenue 2025: $745,896Expenses 2025: $738,808Net Income 2025: $7,0882025

Highlighted filing

2025

Revenue$745,896
Expenses$738,808
Net Income$7,088
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,826
Liabilities
$80,684
Net assets
-$39,858
Revenue
$745,896
Expenses
$738,808
Net income
$7,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.41$0.81$0.40$7.46$7.39$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.38$0.04$9.21$9.38$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.09$1.11$9.50$8.92$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$745,896
Mission and Program Overview

Mission

Nonprofit school providing a forest school, an outdoor school, and a traditional indoor school with a classical curriculum program and extracurriculars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,966$40,826▼ $1,140
Total Assets$41,966$40,826▼ $1,140
Liabilities
Accounts Payable and Accrued Expenses$37,978$40,684▲ $2,706
Unsecured Notes Loans Payable-$40,000-
Total Liabilities$37,978$80,684▲ $42,706
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,988$-39,858▼ $43,846
Total Net Assets Fund Balance$3,988$-39,858▼ $43,846
Total Liabilities and Net Assets / Fund Balance$41,966$40,826▼ $1,140

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$397,834$397,834
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Mike ConnorChairman
Caron MorenoHead of School
Ed SommervilleSecretary
Tammy WatersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,986
Program Service Revenue
$722,819
Investment Income
$91
Other Revenue
$0
All Other Contributions
$22,986
Change in Net Assets
$7,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$633,830
Other Expenses$104,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$499,177$55,464-$554,641
Payroll Taxes$71,270$7,919-$79,189
Occupancy$23,089$2,566-$25,655
Information Technology$12,878$1,431-$14,309
Fees for Services Accounting$9,055$1,006-$10,061
Insurance$7,604$845-$8,449
Office Expenses$3,683$409-$4,092
Other Expenses$3,672$408-$4,080
Fees for Services Other$2,815$313-$3,128
Total Functional Expenses$668,447$70,361$0$738,808
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

“The governing body of the school reviews the form 990.”

Conflict of interest policy compliance Part VI line 12C

“The school has a conflict of interest policy and reviews and or monitors it regularly.”

CEO executive director top management comp Part VI line 15A

“Salaries and wages are determined by the governing body of the school using historical pay data, comparative data and personal data about the applicant.”

Other officer or key employee compensation Part VI line 15B

“Salaries and wages are determined by the governing body of the school using historical pay data, comparative data and personal data about the applicant.”

Governing documents etc available to public Part VI line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Masters Academy
EIN
81-1689040
In Care Of
% CARON B MORENO
Phone
8282293172
Address
120 SCHOOL DR, FOREST CITY, NC 28043-3680

Signing Officer

Name
Caron B Moreno
Title
Head of School
Phone
8282293172
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
35
Volunteers
10

Preparer

Firm
Crystal K Hamrick CPA
Address
124 S BROADWAY ST STE 104, FOREST CITY, NC 28043
Preparer
Crystal K Hamrick CPA
Phone
8282481272
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Continued clean up from software conversion.”

Raw XML Appendix345 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt037978
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040684
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NONPROFIT SCHOOL PROVIDING A FOREST SCHOOL, AN OUTDOOR SCHOOL, AND A TRADITIONAL INDOOR SCHOOL WITH A CLASSICAL CURRICULUM PROGRAM AND EXTRACURRICULARS.
IRS990/AllOtherContributionsAmt022986
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CARON MORENO
IRS990/BooksInCareOfDetail/PhoneNum08282293172
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 SCHOOL DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0FOREST CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0280433680
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041966
IRS990/CashNonInterestBearingGrp/EOYAmt040826
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022986
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt091
IRS990/CYOtherExpensesAmt0104978
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0722819
IRS990/CYRevenuesLessExpensesAmt07088
IRS990/CYSalariesCompEmpBnftPaidAmt0633830
IRS990/CYTotalExpensesAmt0738808
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0745896
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0NONPROFIT SCHOOL PROVIDING A FOREST SCHOOL, AN OUTDOOR SCHOOL, AND A TRADITIONAL INDOOR SCHOOL WITH A CLASSICAL CURRICULUM PROGRAM AND EXTRACURRICULARS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0668447
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01006
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09055
IRS990/FeesForServicesAccountingGrp/TotalAmt010061
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0313
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02815
IRS990/FeesForServicesOtherGrp/TotalAmt03128
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt345.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm1ED SOMMERVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm2TAMMY WATERS
IRS990/Form990PartVIISectionAGrp/PersonNm3CARON MORENO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0745896
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01431
IRS990/InformationTechnologyGrp/ProgramServicesAmt012878
IRS990/InformationTechnologyGrp/TotalAmt014309
IRS990/InsuranceGrp/ManagementAndGeneralAmt0845
IRS990/InsuranceGrp/ProgramServicesAmt07604
IRS990/InsuranceGrp/TotalAmt08449
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt091
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt091
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0397834
IRS990/LandBldgEquipCostOrOtherBssAmt0397834
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NONPROFIT SCHOOL PROVIDING A FOREST SCHOOL, AN OUTDOOR SCHOOL, AND A TRADITIONAL INDOOR SCHOOL WITH A CLASSICAL CURRICULUM PROGRAM AND EXTRACURRICULARS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03988
IRS990/NetAssetsOrFundBalancesEOYAmt0-39858
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03988
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-39858
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02566
IRS990/OccupancyGrp/ProgramServicesAmt023089
IRS990/OccupancyGrp/TotalAmt025655
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0409
IRS990/OfficeExpensesGrp/ProgramServicesAmt03683
IRS990/OfficeExpensesGrp/TotalAmt04092
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROG EXP CURRICULUM AND SUPP
IRS990/OtherExpensesGrp/Desc1PROG EXP SPORTS
IRS990/OtherExpensesGrp/Desc2PROG EXP SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3OTHER MISC EXP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0408
IRS990/OtherExpensesGrp/ProgramServicesAmt011438
IRS990/OtherExpensesGrp/ProgramServicesAmt121429
IRS990/OtherExpensesGrp/ProgramServicesAmt22337
IRS990/OtherExpensesGrp/ProgramServicesAmt33672
IRS990/OtherExpensesGrp/TotalAmt011438
IRS990/OtherExpensesGrp/TotalAmt121429
IRS990/OtherExpensesGrp/TotalAmt22337
IRS990/OtherExpensesGrp/TotalAmt34080
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055464
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0499177
IRS990/OtherSalariesAndWagesGrp/TotalAmt0554641
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07919
IRS990/PayrollTaxesGrp/ProgramServicesAmt071270
IRS990/PayrollTaxesGrp/TotalAmt079189
IRS990/PoliticalCampaignActyInd0false
IRS990/PriorPeriodAdjustmentsAmt0-50934
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SCHOLARSHIPS VOUCHERS G
IRS990/ProgramServiceRevenueGrp/Desc2SPORTS RELATED
IRS990/ProgramServiceRevenueGrp/Desc3MISC SRVCS FEES SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0102180
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1540357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23141
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt377141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0102180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1540357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt377141
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02184
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0174
IRS990/PYOtherExpensesAmt0162529
IRS990/PYProgramServiceRevenueAmt0918637
IRS990/PYRevenuesLessExpensesAmt0-16620
IRS990/PYSalariesCompEmpBnftPaidAmt0775086
IRS990/PYTotalExpensesAmt0937615
IRS990/PYTotalRevenueAmt0920995
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07088
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0397834
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0397834
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY RECEIVED TUITION SUPPORT FROM THE NC STATE EDUCATION ASSISTANCE AUTHORITYESA $88,843OPPORTUNITY SCHOLARSHIPS $451,169ACT $345TOTAL RECEIVED $540,357
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY OF THE SCHOOL REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HAS A CONFLICT OF INTEREST POLICY AND REVIEWS AND OR MONITORS IT REGULARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES AND WAGES ARE DETERMINED BY THE GOVERNING BODY OF THE SCHOOL USING HISTORICAL PAY DATA, COMPARATIVE DATA AND PERSONAL DATA ABOUT THE APPLICANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES AND WAGES ARE DETERMINED BY THE GOVERNING BODY OF THE SCHOOL USING HISTORICAL PAY DATA, COMPARATIVE DATA AND PERSONAL DATA ABOUT THE APPLICANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTINUED CLEAN UP FROM SOFTWARE CONVERSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt041966
IRS990/TotalAssetsEOYAmt040826
IRS990/TotalAssetsGrp/BOYAmt041966
IRS990/TotalAssetsGrp/EOYAmt040826
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022986
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070361
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0668447
IRS990/TotalFunctionalExpensesGrp/TotalAmt0738808
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt037978
IRS990/TotalLiabilitiesEOYAmt080684
IRS990/TotalLiabilitiesGrp/BOYAmt037978
IRS990/TotalLiabilitiesGrp/EOYAmt080684
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03988
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-39858
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0668447
IRS990/TotalProgramServiceRevenueAmt0722819
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0722910
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0745896
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt041966
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040826
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt040000
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARON B MORENO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum08282293172
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MASTERS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0811689040
ReturnHeader/Filer/InCareOfNm0% CARON B MORENO
ReturnHeader/Filer/PhoneNum08282293172
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 SCHOOL DR
ReturnHeader/Filer/USAddress/CityNm0FOREST CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0280433680
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562148555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRYSTAL K HAMRICK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 S BROADWAY ST STE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028043
ReturnHeader/PreparerPersonGrp/PhoneNum08282481272
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRYSTAL K HAMRICK CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-12-15T19:42:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.