MANARA ACADEMY INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MANARA ACADEMY INC (EIN 20-5254172)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202311359349309631
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-15T14:28:59-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN870325228PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HAYNIE & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11785 WEST 2300 SOUTHAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84119ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205254172EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MANARA ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMANABusinessNameControlTxt
Phone9723041155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18001 JETSTAR DR 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENISE SUDANPersonNm
Person TitleSUPERINTENDENTPersonTitleTxt
Phone9723041155PhoneNum
Signature2023-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENISEPersonFirstNm
Person LastSUDANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW J MOOREPreparerPersonNm
PTINP01228905PTIN
Phone2142960900PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEHAP SABRIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18001 JETSTAR DR 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,311,893GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressMANARAACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionIT IS OUR VISION TO BE THE PINNACLE OF KNOWLEDGE, CHARACTER, ETHICS, AND COMMUNITY BUILDING.(A) TEACH CHILDREN TO BE COGNITIVE, ANALYTICAL, CREATIVE AND ENTHUSIASTIC LIFELONG LEARNERS.(B) TEACHERS ARE ROLE-MODELS FOR THEIR STUDENTS.(C) PARENTS ARE ROLE-MODELS FOR THEIR CHILDREN.(D) SENIOR STUDENTS ARE ROLE-MODELS FOR YOUNGER ONES.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee63TotalEmployeeCnt
Total Volunteers73TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,933,959PYContributionsGrantsAmt
CY Contributions Grants$6,706,368CYContributionsGrantsAmt
PY Program Service Revenue$2,714PYProgramServiceRevenueAmt
CY Program Service Revenue$9,903CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$2,195,300CYInvestmentIncomeAmt
PY Other Revenue$377,281PYOtherRevenueAmt
CY Other Revenue$324,062CYOtherRevenueAmt
PY Total Revenue$7,313,954PYTotalRevenueAmt
CY Total Revenue$9,235,633CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,716,410PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,769,497CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,925CYTotalFundraisingExpenseAmt
PY Other Expenses$2,769,183PYOtherExpensesAmt
CY Other Expenses$3,804,359CYOtherExpensesAmt
PY Total Expenses$6,485,593PYTotalExpensesAmt
CY Total Expenses$7,573,856CYTotalExpensesAmt
PY Revenues Less Expenses$828,361PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,661,777CYRevenuesLessExpensesAmt
Total Assets BOY$8,798,119TotalAssetsBOYAmt
Total Assets EOY$5,781,314TotalAssetsEOYAmt
Total Liabilities BOY$5,914,286TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,235,704TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,883,833NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,545,610NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMANARA ACADEMY WILL PROVIDE STUDENTS WITH A CREATIVE, ADAPTIVE AND ETHICAL ENVIRONMENT TO PREPARE THEM TO BECOME FUTURE LEADERS OF THE SOCIETY. PROVIDE HIGH ACADEMIC ACHIEVEMENT. FIRM COMMAND OF A FOREIGN LANGUAGE. ADDRESS THE NEEDS OF STUDENTS, THEIR FAMILIES AND THEIR COMMUNITIES BY BUILDING ON THE STRENGTHS OF STUDENTS' CULTURAL HERITAGE AND LIFE EXPERIENCES TO ENABLE THEM TO BECOME SUCCESSFUL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,124,598ExpenseAmt
Revenue$333,965RevenueAmt
DescIT IS OUR VISION TO BE THE PINNACLE OF KNOWLEDGE, CHARACTER, ETHICS, AND COMMUNITY BUILDING. PROVIDE HIGH ACADEMIC ACHIEVEMENT. TEACH CHILDREN TO BE COGNITIVE, ANALYTICAL, CREATIVE AND ENTHUSIASTIC LIFELONG LEARNERS.Desc
Total Program Service Expenses$7,124,598TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee63EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9723041155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18001 JETSTAR DR 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR EHAP SABRI
PRESIDENT/DIRECTOR1.00Yes (X)Yes (X)$0$0$0
SADAK SHAIK
VICE-PRES/DIRECTOR1.00Yes (X)Yes (X)$0$0$0
JASZEER MOHAMMED
SECRETARY/DIRECTOR1.00Yes (X)Yes (X)$0$0$0
DR ALI SHAQLAIH
DIRECTOR1.00Yes (X)$0$0$0
BRANDY SCHOTT
TREASURER/DIRECTOR1.00Yes (X)Yes (X)$0$0$0
IYAD ALNACHEF
DIRECTOR1.00Yes (X)$0$0$0
DENISE SUDAN
SUPERINTENDENT40.00Yes (X)$129,084$0$386
FieldValueIRS element (for citing)
Total Reportable Comp From Org$129,084TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$386TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DOCKSIDE THREADING INC
3990 E SIDE AVEDALLASTX75226FACILITY LEASE$391,049
MOORING FINANCIAL CORPORATION
45150 RUSSELL BRANCH PKWY SUITE 102ASHBURNVA20147FINANCIAL SERVICE$271,113
DURHAM SCHOOL SERVICES
2601 NAVISTAR DRIVELISLEIL60532SCHOOL BUS$242,515
PREFERRED MEAL SYSTEMS
5240 E ST CHARLES ROADBERKELEYIL60163FOOD & BEVERAGE$228,815
PAMELA HARRIS WEBER
413 WEST BETHEL ROADEDUCATIONAL CONSULTANTTX75019CONSULTANT$190,940
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$6,706,368GovernmentGrantsAmt
Total Contributions$6,706,368TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL FEESDesc
Business900099BusinessCd
Total Revenue Column$9,903TotalRevenueColumnAmt
Related Or Exempt Func Income$9,903RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$9,903TotalProgramServiceRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$5,271,560OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$3,076,260OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$2,195,300OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,195,300TotalRevenueColumnAmt
Exclusion$2,195,300ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE PROCEEDSDesc
Business900099BusinessCd
Total Revenue Column$324,062TotalRevenueColumnAmt
Related Or Exempt Func Income$324,062RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$324,062OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,235,633TotalRevenueColumnAmt
Related Or Exempt Func Income$333,965RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,195,300ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$129,470TotalAmt
Management And General$129,470ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,236,162TotalAmt
Program Services$3,110,962ProgramServicesAmt
Management And General$119,020ManagementAndGeneralAmt
Fundraising$6,180FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$168,393TotalAmt
Program Services$159,241ProgramServicesAmt
Management And General$8,687ManagementAndGeneralAmt
Fundraising$465FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$192,368TotalAmt
Program Services$184,125ProgramServicesAmt
Management And General$8,205ManagementAndGeneralAmt
Fundraising$38FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$43,104TotalAmt
Program Services$39,923ProgramServicesAmt
Management And General$3,092ManagementAndGeneralAmt
Fundraising$89FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$38,792TotalAmt
Management And General$38,792ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,333TotalAmt
Management And General$15,333ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$871,324TotalAmt
Program Services$834,693ProgramServicesAmt
Management And General$36,631ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$244,688TotalAmt
Program Services$244,688ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,310,306TotalAmt
Program Services$1,314,442ProgramServicesAmt
Management And General-$4,136ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,554TotalAmt
Program Services$3,554ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$288,311TotalAmt
Program Services$288,311ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$194,729TotalAmt
Program Services$194,729ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$91,472TotalAmt
Program Services$91,472ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
GENERAL SUPPLIES$432,159$380,492$51,514$153
FOOD$235,352$235,352
TUITION AND RELATED FEE$75,505$39,780$35,725
INSTRUCTIONAL SUPPLIES$2,834$2,834

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,573,856TotalAmt
Program Services$7,124,598ProgramServicesAmt
Management And General$442,333ManagementAndGeneralAmt
Fundraising$6,925FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$937,449BOYAmt
EOY$918,161EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,038,031BOYAmt
EOY$868,254EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,650EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,083,281LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,375,175LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,659,022BOYAmt
EOY$3,708,106EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$163,617BOYAmt
EOY$275,143EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,798,119BOYAmt
EOY$5,781,314EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$578,779BOYAmt
EOY$725,918EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,335,507BOYAmt
EOY$509,786EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,914,286BOYAmt
EOY$1,235,704EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,632,746BOYAmt
EOY$4,162,011EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,251,087BOYAmt
EOY$383,599EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,883,833BOYAmt
EOY$4,545,610EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,798,119BOYAmt
EOY$5,781,314EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,661,777ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,045,440OtherCostOrOtherBasisAmt
Book Value$1,045,440BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,659,191OtherCostOrOtherBasisAmt
Depreciation$1,085,394DepreciationAmt
Book Value$2,573,797BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$378,650OtherCostOrOtherBasisAmt
Depreciation$289,781DepreciationAmt
Book Value$88,869BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,708,106TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$9,235,633TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,235,633RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,235,633TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,573,856TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,573,856ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,573,856TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3POSTED ON THE SCHOOL WEBSITE.
SCHEDULE E, PART I, LINE 6MANARA ACADEMY, INC. OPERATES AS A PUBLIC CHARTER SCHOOL IN TEXAS AND, AS SUCH, RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT. MANAGEMENT PROVIDES FORM 990 TO THE BOARD OF TRUSTEES WHO REVIEW THEN APPROVE THE REPORT. THE REPORT IS THEN SIGNED BY THE SUPERINTENDENT.
FORM 990, PART VI, SECTION B, LINE 12CTHE POLICY IS REVIEWED ANNUALLY IN THE GOVERNANCE FORMS SUBMITTED TO THE STATE OF TEXAS EVERY FALL.
FORM 990, PART VI, SECTION B, LINE 15ATHERE IS A REVIEW OF FINANCIAL, AND EDUCATIONAL AUDITS THAT ARE PROVIDED BY TEXAS EDUCATION AGENCY (TEA) INCLUDING CEO COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19ALL POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED TO THE TEXAS EDUCATION AGENCY. THE TEXAS EDUCATION AGENCY POSTS AN ELECTRONIC COPY OF THE AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE FOR PUBLIC REVIEW.
FORM 990, PART IX, LINE 11GPROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 834,693. MANAGEMENT AND GENERAL EXPENSES 36,631. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 871,324.
FORM 990, PART XII, LINE 2C:THE INDEPENDENT MEMBERS OF THE GOVERNING BOARD ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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