MANARA ACADEMY INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MANARA ACADEMY INC (EIN 20-5254172)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-09
IRS object ID
202211299349304401
Schema version
2020v4.2
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)
Return2022-05-09T17:42:02-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

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 Line112222 MERIT DR SUITE 1900AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75251ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

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 NO 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENISE SUDANPersonNm
Person TitleSUPERINTENDENTPersonTitleTxt
Phone9723041155PhoneNum
Signature2022-04-14SignatureDt
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
Phone9726615872PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEHAP SABRIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18001 JETSTAR DR NO 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,313,954GrossReceiptsAmt
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 Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee73TotalEmployeeCnt
Total Volunteers85TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,813,368PYContributionsGrantsAmt
CY Contributions Grants$6,933,959CYContributionsGrantsAmt
PY Program Service Revenue$28,325PYProgramServiceRevenueAmt
CY Program Service Revenue$2,714CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$9,008PYOtherRevenueAmt
CY Other Revenue$377,281CYOtherRevenueAmt
PY Total Revenue$7,850,701PYTotalRevenueAmt
CY Total Revenue$7,313,954CYTotalRevenueAmt
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$4,531,831PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,716,410CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,371CYTotalFundraisingExpenseAmt
PY Other Expenses$2,472,572PYOtherExpensesAmt
CY Other Expenses$2,769,183CYOtherExpensesAmt
PY Total Expenses$7,004,403PYTotalExpensesAmt
CY Total Expenses$6,485,593CYTotalExpensesAmt
PY Revenues Less Expenses$846,298PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$828,361CYRevenuesLessExpensesAmt
Total Assets BOY$8,906,007TotalAssetsBOYAmt
Total Assets EOY$8,798,119TotalAssetsEOYAmt
Total Liabilities BOY$6,850,535TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,914,286TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,055,472NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,883,833NetAssetsOrFundBalancesEOYAmt
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$6,076,662ExpenseAmt
Revenue$379,995RevenueAmt
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$6,076,662TotalProgramServiceExpensesAmt
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 Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee73EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 NO 100AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75063ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 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
NAVEED SHARIFF
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)$108,879$0$365
FieldValueIRS element (for citing)
Total Reportable Comp From Org$108,879TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$365TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DYNAMIC SUPPORT SOLUTIONS
PO BOX 541012DALLASTX75354CONSULTING$277,540
PREFERRED MEAL SYSTEMS
5240 E ST CHARLES ROADBERKELEYIL60163FOOD & BEVERAGE$226,178
ROCKWORTH GROUP
3624 COUNTRY CLUB CIRFORT WORTHTX76109CONSTRUCTION CONTRACTOR$209,825
SERVICE FIRST JANITORIAL
8101 RAVENCLIFF DRMCKINNEYTX75070JANITORIAL SERVICES$197,703
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$6,930,482GovernmentGrantsAmt
All Other Contributions$3,477AllOtherContributionsAmt
Total Contributions$6,933,959TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL FEESDesc
Business900099BusinessCd
Total Revenue Column$2,714TotalRevenueColumnAmt
Related Or Exempt Func Income$2,714RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,714TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE PROCEEDSDesc
Business900099BusinessCd
Total Revenue Column$377,281TotalRevenueColumnAmt
Related Or Exempt Func Income$377,281RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$377,281OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,313,954TotalRevenueColumnAmt
Related Or Exempt Func Income$379,995RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$108,879TotalAmt
Management And General$108,879ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,134,954TotalAmt
Program Services$3,093,005ProgramServicesAmt
Management And General$38,586ManagementAndGeneralAmt
Fundraising$3,363FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$206,878TotalAmt
Program Services$197,891ProgramServicesAmt
Management And General$8,736ManagementAndGeneralAmt
Fundraising$251FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$218,514TotalAmt
Program Services$214,807ProgramServicesAmt
Management And General$3,697ManagementAndGeneralAmt
Fundraising$10FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$47,185TotalAmt
Program Services$45,166ProgramServicesAmt
Management And General$1,970ManagementAndGeneralAmt
Fundraising$49FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,173TotalAmt
Management And General$8,173ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,632TotalAmt
Management And General$14,632ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$629,961TotalAmt
Program Services$489,262ProgramServicesAmt
Management And General$140,699ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$211,871TotalAmt
Program Services$211,871ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$912,091TotalAmt
Program Services$907,115ProgramServicesAmt
Management And General$4,976ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,019TotalAmt
Program Services$7,019ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$250,651TotalAmt
Program Services$250,651ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$199,660TotalAmt
Program Services$199,660ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$43,832TotalAmt
Program Services$43,832ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD$266,577$266,577
GENERAL SUPPLIES$138,364$127,788$9,878$698
TUITION AND RELATED FEE$72,184$7,850$64,334
INSTRUCTIONAL SUPPLIES$14,168$14,168

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,485,593TotalAmt
Program Services$6,076,662ProgramServicesAmt
Management And General$404,560ManagementAndGeneralAmt
Fundraising$4,371FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$704,676BOYAmt
EOY$937,449EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,179,033BOYAmt
EOY$1,038,031EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,527,124LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,868,102LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,858,681BOYAmt
EOY$6,659,022EOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,906,007BOYAmt
EOY$8,798,119EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$965,378BOYAmt
EOY$578,779EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,885,157BOYAmt
EOY$5,335,507EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,850,535BOYAmt
EOY$5,914,286EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,249,274BOYAmt
EOY$1,632,746EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$806,198BOYAmt
EOY$1,251,087EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,055,472BOYAmt
EOY$2,883,833EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,906,007BOYAmt
EOY$8,798,119EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$828,361ReconcilationRevenueExpnssAmt
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$2,269,354OtherCostOrOtherBasisAmt
Book Value$2,269,354BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,591,199OtherCostOrOtherBasisAmt
Depreciation$1,839,366DepreciationAmt
Book Value$3,751,833BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$666,571OtherCostOrOtherBasisAmt
Depreciation$28,736DepreciationAmt
Book Value$637,835BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,659,022TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$7,313,954TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,313,954RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,313,954TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,485,593TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,485,593ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,485,593TotalExpensesPerForm990Amt

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 (5 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 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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