2023-05-15T09:20:20-05:00 2022-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2021-07-01 814974458 MASTERY TRANSCRIPT CONSORTIUM MAST 6143042687 PO BOX 485 WINCHESTER MA 01890 MICHAEL K FLANAGAN JR CHIEF EXECUTIVE OFFICER 3124153830 2023-05-15 1 MICHAEL FLANAGAN JR 999009999 CHRISTOPHER B ANDERSON P00226559 2163630100 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MICHAEL K FLANAGAN JR PO BOX 485 WINCHESTER MA 01890 2392246 0 X MASTERY.ORG X 2017 OH MTC WAS FOUNDED TO ACCELERATE AND SUPPORT SECONDARY SCHOOLS' ABILITY TO PRACTICE MASTERY LEARNING AT SCALE. A GLOBAL CONSORTIUM OF INNOVATIVE PUBLIC AND PRIVATE SCHOOLS IMPLEMENTING NEW LEARNING MODELS, MTC CO-CREATES INTERACTIVE, DIGITAL TOOLS THAT BOTH EMPOWER LEARNERS TO SHOWCASE THE COMPETENCIES THEY MASTER AND ENABLE SCHOOLS TO CREDENTIAL COMPETENCY-BASED EDUCATION. 15 15 10 0 0 0 2060440 2354667 0 37424 143 155 5278 0 2065861 2392246 0 0 0 0 1641160 1482523 0 0 0 1081227 1032711 2722387 2515234 -656526 -122988 1278097 1282555 750474 756318 527623 526237 X MTC WAS FOUNDED TO ACCELERATE AND SUPPORT SECONDARY SCHOOLS' ABILITY TO PRACTICE MASTERY LEARNING AT SCALE. A GLOBAL CONSORTIUM OF INNOVATIVE PUBLIC AND PRIVATE SCHOOLS IMPLEMENTING NEW LEARNING MODELS, MTC CO-CREATES INTERACTIVE, DIGITAL TOOLS THAT BOTH EMPOWER LEARNERS TO SHOWCASE THE COMPETENCIES THEY MASTER AND ENABLE SCHOOLS TO CREDENTIAL COMPETENCY-BASED EDUCATION. 0 1 1335135 0 37424 SUPPORTING AND ENGAGING MEMBERSHIP OF THE ORGANIZATION 1335135 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 OH MA X X MICHAEL K FLANAGAN JR 6173042687 PO BOX 485 WINCHESTER MA 01890 CHRIS MAXEY BOARD MEMBER 1.00 X 0 0 0 DOMINIC RANDOLPH BOARD MEMBER 1.00 X 0 0 0 DORIS KORDA BOARD MEMBER 1.00 X 0 0 0 EMILY MCCARREN TREASURER 1.00 X X 0 0 0 KEDRA ISHOP BOARD MEMBER 1.00 X 0 0 0 MONIQUE DEVANE BOARD MEMBER 1.00 X 0 0 0 SCOTT LOONEY BOARD MEMBER 1.00 X 0 0 0 SUJATA BHATT BOARD MEMBER 1.00 X 0 0 0 ERIC GORDON BOARD MEMBER 1.00 X 0 0 0 TIM BAZEMORE SECRETARY 1.00 X X 0 0 0 TOM VANDER ARK BOARD MEMBER 1.00 X 0 0 0 TONY WAGNER BOARD MEMBER 1.00 X 0 0 0 RYAN CRAIG BOARD MEMBER 1.00 X 0 0 0 VALERIE GREENHILL BOARD MEMBER 1.00 X 0 0 0 DANDRE WEAVER BOARD MEMBER 1.00 X 0 0 0 MICHAEL FLANAGAN CHIEF EXECUTIVE OFFICER 40.00 X 248267 0 17547 PATRICIA RUSSELL CHIEF LEARNING OFFICER 40.00 X 186300 0 24219 SUSAN BELL SENIOR DIRECTOR OF MEMBER 40.00 X 159602 0 8000 DARUNEE P ROTH DIRECTOR OF PRODUCT DEVELOPMENT 40.00 X 109200 0 0 BENJAMIN REIN SR. DIR. OF OUTREACH & PAR 40.00 X 147613 0 11500 850982 0 61266 5 1 1 0 0 1376667 126000 852000 2354667 CONSULTING REVENUE 541610 37424 37424 37424 155 155 2392246 37424 0 155 X 270000 81000 189000 1212523 363757 848766 129 129 58830 58830 368772 350740 18032 38084 38084 30822 25274 5548 1337 1003 334 10430 10430 492161 492161 3857 3857 GRANT EXPENDITURES 15500 15500 OTHER EXPENSES 7089 7089 BAD DEBT 5700 5700 2515234 1335135 1180099 0 500117 662498 68750 150600 29917 709230 439540 1278097 1282555 266974 160693 124500 261625 359000 334000 750474 756318 X 527623 29980 496257 527623 526237 1278097 1282555 -122988 121602 0 X 0 1 X 1 0 X 1901950 2625953 3543645 2060440 2354667 12486655 37150 37150 1901950 2625953 3543645 2060440 2391817 12523805 0 0 0 12523805 143 155 298 143 155 298 5278 274 5552 1901950 2625953 3543645 2065861 2392246 12529655 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 HAWKEN LOAN 334000 334000 2392246 0 2392246 0 2392246 2515234 0 2515234 0 2515234 X X 0 0 0 0 0 0 0 0 0 MICHAEL FLANAGAN CHIEF EXECUTIVE OFFICER 248267 0 0 0 0 0 17547 0 0 0 265814 0 0 0 PATRICIA RUSSELL CHIEF LEARNING OFFICER 186300 0 0 0 0 0 24219 0 0 0 210519 0 0 0 SUSAN BELL SENIOR DIRECTOR OF MEMBER 159602 0 0 0 0 0 8000 0 0 0 167602 0 0 0 BENJAMIN REIN SR. DIR. OF OUTREACH & PAR 147613 0 0 0 0 0 7700 0 3800 0 159113 0 0 0 PART I, LINE 3 CHAIR OF BOARD AND EXECUTIVE COMMITTEE REVIEWED CEO COMPENSATION FORM 990, PART III, LINE 3 ANNUAL IN-PERSON MEMBER MEETING WAS DEFERRED TO 9/22 DUE TO COVID-19 FORM 990, PART VI, SECTION A, LINE 2 HAWKEN SCHOOL'S "HEAD OF SCHOOL", D. SCOTT LOONEY, IS THE FOUNDER OF MASTERY TRANSCRIPT CONSORTIUM. FORM 990, PART VI, SECTION A, LINE 2 SCOTT LOONEY AND DORIS KORDA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERS; FOUNDING MEMBERS, CONTRIBUTING MEMBERS, AND ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND RELATED SCHEDULES WERE PROVIDED TO THE BOARD OF DIRECTORS VIA EMAIL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE THE ORGANIZATION'S CONFLICT OF INTERST FORM. COMPLETED FORMS ARE REVIEWED BY THE BOARD OF DIRECTORS, SHOULD A CONFLICT ARISE. IF A DIRECTOR IS INVOLVED IN POTENTIAL CONFLICT , THAT DIRECTOR WILL NOT BE INCLUDED IN THE BOARD REVIEW OR DELIBERATIONS ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL: THE BOARD USED THIRD PARTY COMPARABLE DATA FOR COMPENSATION ANALYSIS PRIOR TO SETTING THE CEO'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTATION, CONFLICTS OF INTEREST POLICY, AND SUMMARY OF FINANCIAL STATEMENTS AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 350,740. MANAGEMENT AND GENERAL EXPENSES 18,032. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 368,772.