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MARITIME ACADEMY CHARTER SCHOOL: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MARITIME ACADEMY CHARTER SCHOOL (EIN 05-0581916)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-12
IRS object ID
202141329349303379
Schema version
2019v5.0
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)
Return2021-05-12T14:04:18-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN233010968PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MILLIGAN & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1105 N 22ND ST FL 2AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191031302ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050581916EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARITIME ACADEMY CHARTER HIGHBusinessNameLine1Txt
Business Name Line2SCHOOL INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMARIBusinessNameControlTxt
Phone2155354555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREET BLD 107AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEUGENE MATTIONIPersonNm
Person TitleCHAIRMAN AND CEOPersonTitleTxt
Phone2155354555PhoneNum
Signature2021-05-17SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN MILLIGAN CPAPreparerPersonNm
PTINP02155323PTIN
Phone2154969100PhoneNum
Preparation2021-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEUGENE MATTIONIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREET BDLG 107AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,874,837GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MARITIMECHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionMARITIME ACADEMY CHARTER SCHOOL (MACHS) PROVIDES STUDENTS IN GRADES 2 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACHS STUDENTS WORK WITH THE LATEST TECHNOLOGY TO LEARN MARITIME CONTENT SUCH AS NAUTICAL SCIENCE AND MARITIME BUSINESS, WHILE ACHIEVING TO HIGH STANDARDS IN ENGLISH, MATHEMATICS, SCIENCE, SOCIAL STUDIES AND THE ARTS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee120TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,037,115PYContributionsGrantsAmt
CY Contributions Grants$1,782,307CYContributionsGrantsAmt
PY Program Service Revenue$9,949,744PYProgramServiceRevenueAmt
CY Program Service Revenue$11,092,530CYProgramServiceRevenueAmt
PY Investment Income$574PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$11,987,433PYTotalRevenueAmt
CY Total Revenue$12,874,837CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,125,628PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,959,721CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,104,200PYOtherExpensesAmt
CY Other Expenses$4,480,361CYOtherExpensesAmt
PY Total Expenses$10,229,828PYTotalExpensesAmt
CY Total Expenses$10,440,082CYTotalExpensesAmt
PY Revenues Less Expenses$1,757,605PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,434,755CYRevenuesLessExpensesAmt
Total Assets BOY$14,700,611TotalAssetsBOYAmt
Total Assets EOY$15,315,602TotalAssetsEOYAmt
Total Liabilities BOY$20,704,037TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,884,273TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$6,003,426NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,568,671NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMARITIME ACADEMY CHARTER SCHOOLN(MACHS) PROVIDED STUDENTS IN GRADES 2 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACHS STUDENTS WORK WITH THE LATEST TECHNOLOGY TO LEARN MARITIME CONTENT SUCH AS NAUTICAL SCIENCE AND MARITIME BUSINESS, WHILE ACHIEVING TO HIGH STANDARDS IN ENGLISH, MATHEMATICS, SCIENCE, SOCIAL STUDIES AND THE ARTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$6,269,775ExpenseAmt
DescTHE TRADITIONAL TOPICS OF MATHEMATICS, SCIENCES, LANGUAGE ARTS, AND SOCIAL STUDIES SERVE AS THE CORE OF STUDENT LEARNING WITH ADDITIONAL CLASSES IN MARITIME AREAS, INCLUDING TRANSPORTATION, NAUTICAL SCIENCE, MARITIME BUSINESS, ECOLOGY, ASTRONOMY AND METEOROLOGY. COURSEWORK IS INTERDISCIPLINARY, WITH CLASSROOM AND INDIVIDUAL LEARNING THAT FOCUSES ON UNDERSTANDING THE WORLD THROUGH THE LENS OF MARITIME STUDIES. SPECIAL COURSES ARE BEING DEVELOPED IN, MARITIME NAVIGATION AND PILOTING, PROTECTING MARINE HABITAT, SHIPBOARD POLLUTION CONTROL, SIMULATED VOYAGES FOR MARINERS, TRAFFIC SERVICES FOR SAFE PORTS AND WATERWAYS.Desc
Total Program Service Expenses$6,269,775TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee120EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8565331600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 EAST GATE DRIVEAddressLine1Txt
Address Line2SUITE 300AddressLine2Txt
CityMT LAURELCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08054ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
EUGENE MATTIONI
CHAIRMAN AND40.00Yes (X)Yes (X)$130,000$0$12,971
SCOTT COINTOT
VICE CHAIRMAYes (X)Yes (X)$0$0$0
MICHELE M KRAJEWSKI
SECRETARYYes (X)Yes (X)$0$0$0
LOUIS CAVALIERE
BOARD MEMBERYes (X)$0$0$0
ROBERT COOK
BOARD MEMBERYes (X)$0$0$0
MINERVA CRUZ
BOARD MEMBERYes (X)$0$0$0
TUMMONA FISHER
BOARD MEMBERYes (X)$0$0$0
LEW GRILL
BOARD MEMBERYes (X)$0$0$0
NATHAN HAUSER
BOARD MEMBERYes (X)$0$0$0
CYNTHIA HUDSON
BOARD MEMBERYes (X)$0$0$0
MICHAEL MATTIONI
BOARD MEMBERYes (X)$0$0$0
ARTHUR SULZER
BOARD MEMBERYes (X)$0$0$0
DR ROBERT VACCHIANO
BOARD MEMBERYes (X)$0$0$0
DR RICHARD VENUTI
BOARD MEMBERYes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$130,000TotalReportableCompFromOrgAmt
Total Other Compensation$12,971TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$1,782,307GovernmentGrantsAmt
Total Contributions$1,782,307TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT SUBSIDY$10,812,079$10,812,079
STATE REIMBURSEMENTS$147,283$147,283
MISCELLANEOUS REVENUE$133,168$133,168
FieldValueIRS element (for citing)
Total Program Service Revenue$11,092,530TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,874,837TotalRevenueColumnAmt
Related Or Exempt Func Income$11,092,530RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$142,971TotalAmt
Management And General$142,971ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,014,954TotalAmt
Program Services$3,921,110ProgramServicesAmt
Management And General$1,093,844ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total-$523,245TotalAmt
Program Services-$475,352ProgramServicesAmt
Management And General-$47,893ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$933,395TotalAmt
Program Services$711,517ProgramServicesAmt
Management And General$221,878ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$391,646TotalAmt
Program Services$296,745ProgramServicesAmt
Management And General$94,901ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$348,532TotalAmt
Management And General$348,532ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$27,516TotalAmt
Management And General$27,516ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,000TotalAmt
Management And General$26,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$855,750TotalAmt
Program Services$826,511ProgramServicesAmt
Management And General$29,239ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$73,510TotalAmt
Management And General$73,510ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$549,232TotalAmt
Program Services$439,386ProgramServicesAmt
Management And General$109,846ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$190,327TotalAmt
Management And General$190,327ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$504,219TotalAmt
Management And General$504,219ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$81,520TotalAmt
Program Services$26,902ProgramServicesAmt
Management And General$54,618ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BUILDING MAINTENANCE$847,762$141,422$706,340
FOOD SERVICES$448,822$448,822
SUPPLIES$347,992$347,992
TELECOMMUNICATION$145,637$145,637

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$33,542TotalAmt
Program Services$33,542ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,440,082TotalAmt
Program Services$6,269,775ProgramServicesAmt
Management And General$4,170,307ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,502,482BOYAmt
EOY$4,582,652EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$277,004BOYAmt
EOY$148,031EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,794BOYAmt
EOY$24,410EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,956,544LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,912,994LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,242,542BOYAmt
EOY$9,043,550EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,664,789BOYAmt
EOY$1,516,959EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,700,611BOYAmt
EOY$15,315,602EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,082,357BOYAmt
EOY$1,118,541EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,249,646BOYAmt
EOY$5,063,467EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,372,034BOYAmt
EOY$12,702,265EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,704,037BOYAmt
EOY$18,884,273EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$6,003,426BOYAmt
EOY-$3,568,671EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$6,003,426BOYAmt
EOY-$3,568,671EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,700,611BOYAmt
EOY$15,315,602EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,434,755ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,369,338OtherCostOrOtherBasisAmt
Depreciation$2,983,411DepreciationAmt
Book Value$8,385,927BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,356,755OtherCostOrOtherBasisAmt
Depreciation$1,099,094DepreciationAmt
Book Value$257,661BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,230,451OtherCostOrOtherBasisAmt
Depreciation$830,489DepreciationAmt
Book Value$399,962BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,043,550TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
RELATED TO PENSIONS$999,775
INTEREST RATE SWAP AGREEMENT$378,791
SECURITY DEPOSITS$116,105
OTHER RECEIVABLES$22,288
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,516,959TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
PENSION LIABILITY$8,000,000
DEFERRED OUTFLOW- PENSION$3,456,000
INTEREST RATE SWAP AGREEMENTS$378,791
OPEB LIABILITY$364,000
DEFERRED OUTFLOW-OPEB$197,000
LESSOR FINANCED IMPROVEMENTS$173,212
FINANCED IMPROVEMENTS CURRENT$133,262
FieldValueIRS element (for citing)
Total Liability$12,702,265TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$12,874,837TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$12,874,837RevenueSubtotalAmt
Total Revenue Per Form990$12,874,837TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,440,082TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$10,440,082ExpensesSubtotalAmt
Total Expenses Per Form990$10,440,082TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 6FormAndLineReferenceDesc
ExplanationTHE SCHOOL RECEIVED FEDERAL GRANT FOR EDUCATION SERVICES, FOOD SERVICES, AND OTHER EXPENSESExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONMARITIME ACADEMY CHARTER SCHOOLN(MACHS) PROVIDED STUDENTS IN GRADES 2 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACHS STUDENTS WORK WITH THE LATEST TECHNOLOGY TO LEARN MARITIME CONTENT SUCH AS NAUTICAL SCIENCE AND MARITIME BUSINESS, WHILE ACHIEVING TO HIGH STANDARDS IN ENGLISH, MATHEMATICS, SCIENCE, SOCIAL STUDIES AND THE ARTS.
FORM 990, PAGE 6, PART VI, LINE 2MACHS MACHS CHAIRMAN BOARD MEMBER BROTHERS MACHS MACHS BOD BOD NEPHEW
FORM 990, PAGE 6, PART VI, LINE 11BALL BOARD MEMBERS ARE PROVIDED A COPY OF THE 990 PRIOR TO IT BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE.
FORM 990, PAGE 6, PART VI, LINE 12CALL BOARD MEMBERS ARE REQUIRED TO ANNUALLLY FILE A CONFLICT OF INTEREST STATEMENT. ALSO DISCUSSION ABOUT CONFLICT OF INTEREST TAKES PLACE DURING BOARD MEETINGS
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION IS REVIEWED AND APPROVED BY THE BOARD MEMBERS FOR TOP OFFICIALS.
FORM 990, PAGE 6, PART VI, LINE 15BCOMPENSATION IS REVIEWED AND APPROVED BY THE BOARD MEMBERS FOR OFFICERS AND/OR KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 19ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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