Manchester Academic Charter School
- Assets
- $8.5m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 84
- Location
- Pittsburgh, PA
- Founding
- 08/1999
- Data as of
- 06/2021
- EIN
- 23-2952364
Organization Overview
Manchester Academic Charter School is located in Pittsburgh, PA. The organization was established in 1999. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Manchester Academic Charter School employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manchester Academic Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Manchester Academic Charter School generated $8.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $8.5m during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS SERVING KINDERGARTEN THROUGH EIGTH GRADE STUDENTS
THE SCHOOL EXPANDED PROGRAMS AND BUILDING FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vasilios Scoumis Chief Executive Officer | Officer | 50 | $172,276 |
Jason R Farmakis Board Treasurer | OfficerTrustee | 2 | $0 |
Larry Berger Board Chair | OfficerTrustee | 2 | $0 |
Tyra L Good Board Secretary | OfficerTrustee | 2 | $0 |
James J Browne Director | Trustee | 1 | $0 |
Allen Robinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $535,944 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $863,740 |
| Total Program Service Revenue | $7,765,347 |
| Investment income | $1,414 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,630,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $241,214 |
| Compensation of current officers, directors, key employees. | $137,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,503,618 |
| Pension plan accruals and contributions | $1,193,103 |
| Other employee benefits | $359,131 |
| Payroll taxes | $283,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,029 |
| Fees for services: Accounting | $87,024 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,150 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $639,949 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,001,242 |
| Travel | $55,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $335,274 |
| Insurance | $57,032 |
| All other expenses | $23,358 |
| Total functional expenses | $8,525,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,660,024 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $906,544 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $729,990 |
| Net Land, buildings, and equipment | $3,242,896 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,539,454 |
| Accounts payable and accrued expenses | $1,413,925 |
| Grants payable | $0 |
| Deferred revenue | $190,868 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $67,670 |
| Total liabilities | $1,672,463 |
| Net assets without donor restrictions | $6,280,206 |
| Net assets with donor restrictions | $586,785 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,539,454 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Manchester Academic Charter School has recieved totaling $17,775.
| Awarding Organization | Amount |
|---|---|
Earth Force Inc Denver, CO PURPOSE: Chipotle Sustainability Challenge a | $16,686 |
Tippins Foundation Pittsburgh, PA PURPOSE: EDUCATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $89 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |