Mot Charter School Inc
- Assets
- $48.8m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, DE
- Founding
- 01/2002
- Data as of
- 06/2021
- EIN
- 51-0407220
Organization Overview
Mot Charter School Inc is located in Middletown, DE. The organization was established in 2002. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mot Charter School Inc 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, Mot Charter School Inc generated $16.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $20.3m during the year ending 06/2021. While expenses have increased by 11.5% 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
MOT CHARTER SCHOOL PROVIDES A CHALLENGING CURRICULUM IN A SAFE AND NURTURING ENVIRONMENT WHERE ALL CHILDREN LEARN AND FLOURISH. BY UTILIZING DIVERSE TEACHING TECHNIQUES AND EXPOSING STUDENTS TO A WIDE VARIETY OF EDUCATIONAL EXPERIENCES, THE ORGANIZATION ENSURES THAT EACH CHILD PARTICIPATES IN, UNDERSTANDS, AND ENJOYS THE PROCESS OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOT CHARTER'S RIGOROUS COLLEGE PREPARATORY CURRICULUM IS DESIGNED TO EMPHASIZE THE DEVELOPMENT OF PROBLEM SOLVING, HIGHER ORDER THINKING, AND COMMUNICATION SKILLS. IN THE LOWER SCHOOL, STUDENTS RECEIVE 9 YEARS OF EXPLORATORY INSTRUCTION IN SPANISH, ART, MUSIC, PHYSICAL EDUCATION, COMPUTER TECHNOLOGY, AND WELLNESS. EVERY 7TH AND 8TH GRADE STUDENT ALSO TAKES BUSINESS EDUCATION AND A STEM CAREER COURSE. MOT CHARTER HIGH SCHOOL IS AN AUTHENTIC 1-TO-1 TECHNOLOGY SCHOOL. THE SCHOOL PROVIDES EACH STUDENT WITH A TABLET OR LAPTOP THAT SERVES AS THE PRIMARY INSTRUCTIONAL TOOL, UTILIZING E-BOOKS AND AN ONLINE LEARNING PLATFORM. HIGH SCHOOL STUDENTS WHO CHOOSE THE ACADEMY OF THE ARTS HAVE THE OPTION OF FOLLOWING ONE OF 6 PATHWAYS: DIGITAL COMMUNICATIONS, DANCE, INSTRUMENTAL MUSIC, VOCAL MUSIC, THEATER, OR VISUAL ARTS. STUDENTS WHO CHOOSE THE ACADEMY OF SCIENCE & TECHNOLOGY HAVE THE OPTION OF FOLLOWING ONE OF THREE PATHWAYS: COMPUTER SCIENCE, ENGINEERING, OR BIOTECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Southworth Head Of School | OfficerTrustee | 50 | $146,832 |
Mitchell Weiss Director Of Student Servic | 40 | $119,345 | |
John Scali Principal, Stem Academy | 40 | $109,658 | |
Meryl Hewett Business Manager | 40 | $105,669 | |
Theresa Howarth Principal, K-8 Academy | 40 | $102,519 | |
Faye Schilling Principal, Arts Academy | 40 | $102,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,454,492 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,461,409 |
| Total Program Service Revenue | $4,813 |
| Investment income | $107,830 |
| 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 | $16,574,052 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,116,953 |
| Other salaries and wages | $7,712,372 |
| Pension plan accruals and contributions | $2,239,936 |
| Other employee benefits | $4,387,723 |
| Payroll taxes | $511,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,260 |
| Fees for services: Accounting | $15,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,415 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $544,868 |
| Travel | $530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $670,931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $926,612 |
| Insurance | $77,952 |
| All other expenses | $0 |
| Total functional expenses | $20,305,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,225 |
| Savings and temporary cash investments | $7,140,258 |
| Pledges and grants receivable | $13,837 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $25,887,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,683,164 |
| Total assets | $48,840,653 |
| Accounts payable and accrued expenses | $1,782,698 |
| Grants payable | $0 |
| Deferred revenue | $22,776 |
| 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 | $21,767,379 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,441,021 |
| Total liabilities | $69,013,874 |
| Net assets without donor restrictions | -$20,896,485 |
| Net assets with donor restrictions | $723,264 |
| 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 | $48,840,653 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mot Charter School Inc has recieved totaling $916.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $716 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Leadership Charter Schools West Chester, PA | $90,879,263 | $65,797,836 |
The Public School Of Germantown Fort Washington, PA | $151,608,543 | $52,601,237 |
Peddie School Hightstown, NJ | $613,419,387 | $58,126,453 |
William Penn Charter School Inc Philadelphia, PA | $232,730,859 | $59,443,641 |
Montclair Kimberly Academy Foundation Montclair, NJ | $86,504,754 | $51,589,426 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |
Princeton Day School Inc Princeton, NJ | $166,237,830 | $58,529,058 |
Shady Side Academy Pittsburgh, PA | $133,159,735 | $43,966,956 |
Shipley School Bryn Mawr, PA | $112,919,649 | $39,287,186 |
The Hun School Of Princeton Princeton, NJ | $86,569,410 | $40,315,615 |
Charles E Smith Jewish Day School Of Greater Washington Inc Rockville, MD | $72,940,113 | $37,835,110 |
Kent Place School Summit, NJ | $74,166,254 | $35,657,548 |