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MARITIME ACADEMY CHARTER SCHOOL: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MARITIME ACADEMY CHARTER SCHOOL (EIN 05-0581916)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201901349349304885
Schema version
2017v2.3
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)
Return2019-05-14T12:42:38-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

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 Begin2017-07-01TaxPeriodBeginDt

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
CityPHILADELHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDWARD POZNEKPersonNm
Person TitleCEOPersonTitleTxt
Phone2155354555PhoneNum
Signature2019-05-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK A JACKSON CPAPreparerPersonNm
PTINP01703558PTIN
Phone2154969100PhoneNum
Preparation2019-05-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address75.151.176.149IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-14IPDt
IP Tm12:42:38IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id139D361D8007038E2698762C9B7DC4A479A532E1AtSubmissionCreationDeviceId
At Submission Filing Device Id673A12F66C42192C5177D37C8CFCF686B1F4C3F0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEDWARD POZNEKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREET BLD 107AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,970,569GrossReceiptsAmt
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 4 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 Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee126TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,400,237PYContributionsGrantsAmt
CY Contributions Grants$1,814,742CYContributionsGrantsAmt
PY Program Service Revenue$8,770,642PYProgramServiceRevenueAmt
CY Program Service Revenue$9,154,909CYProgramServiceRevenueAmt
PY Investment Income$961PYInvestmentIncomeAmt
CY Investment Income$918CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$10,171,840PYTotalRevenueAmt
CY Total Revenue$10,970,569CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$6,527,240CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,722,820PYOtherExpensesAmt
CY Other Expenses$4,128,570CYOtherExpensesAmt
PY Total Expenses$10,722,820PYTotalExpensesAmt
CY Total Expenses$10,655,810CYTotalExpensesAmt
PY Revenues Less Expenses-$550,980PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$314,759CYRevenuesLessExpensesAmt
Total Assets BOY$15,341,997TotalAssetsBOYAmt
Total Assets EOY$14,630,470TotalAssetsEOYAmt
Total Liabilities BOY$22,694,835TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,284,381TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$7,352,838NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$7,653,911NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMARITIME ACADEMY CHARTER SCHOOLN(MACHS) PROVIDED STUDENTS IN GRADES 4 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$6,855,052ExpenseAmt
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$6,855,052TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
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 FootnoteYes (true)IncludeFIN48FootnoteInd
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 RequiredYes (true)ScheduleJRequiredInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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
Employee126EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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
OtherYes (X)OtherInd

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 (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
TUMMONA FISHER
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN BRENNAN
BOARD MEMBER2.00Yes (X)$0$0$0
LOUIS CAVALIERE
BOARD MEMBER2.00Yes (X)$0$0$0
SCOTT COINTOT
VICE CHAIRMA2.00Yes (X)$0$0$0Yes (X)
ROBERT COOK
BOARD MEMBER2.00Yes (X)$0$0$0
MINERVA CRUZ
BOARD MEMBER2.00Yes (X)$0$0$0
LEW GRILL
BOARD MEMBER2.00Yes (X)$0$0$0
NATHAN HAUSER
BOARD MEMBER2.00Yes (X)$0$0$0
CYNTHIA HUDSON
BOARD MEMBER2.00Yes (X)$0$0$0
MICHELE M KRAJEWSKI
SECRETARY2.00Yes (X)$0$0$0Yes (X)
EUGENE MATTIONI
CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
MICHAEL MATTIONI
BOARD MEMBER2.00Yes (X)$0$0$0
ARTHUR SULZER
BOARD MEMBER2.00Yes (X)$0$0$0
DR ROBERT VACCHIANO
BOARD MEMBER2.00Yes (X)$0$0$0
RICHARD VENUTI
BAORD MEMBER2.00Yes (X)$0$0$0
EDWARD POZNEK
CEO40.00$172,897$0$66,739Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$172,897TotalReportableCompFromOrgAmt
Total Other Compensation$66,739TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$1,814,742GovernmentGrantsAmt
Total Contributions$1,814,742TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT SUBSIDY$8,998,225$8,998,225
MISCELLANEOUS REVENUE$156,684$156,684
FieldValueIRS element (for citing)
Total Program Service Revenue$9,154,909TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$918TotalRevenueColumnAmt
Exclusion$918ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,970,569TotalRevenueColumnAmt
Related Or Exempt Func Income$9,154,909RelatedOrExemptFuncIncomeAmt
Exclusion$918ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$240,229TotalAmt
Management And General$240,229ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,983,272TotalAmt
Program Services$3,171,797ProgramServicesAmt
Management And General$811,475ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,177,951TotalAmt
Program Services$967,753ProgramServicesAmt
Management And General$210,198ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$812,811TotalAmt
Program Services$628,500ProgramServicesAmt
Management And General$184,311ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$312,977TotalAmt
Program Services$240,046ProgramServicesAmt
Management And General$72,931ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$383,299TotalAmt
Management And General$383,299ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,248TotalAmt
Management And General$15,248ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Management And General$30,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$869,196TotalAmt
Program Services$830,743ProgramServicesAmt
Management And General$38,453ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$68,583TotalAmt
Management And General$68,583ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$600,482TotalAmt
Program Services$480,386ProgramServicesAmt
Management And General$120,096ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$198,052TotalAmt
Management And General$198,052ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$401,239TotalAmt
Management And General$401,239ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$66,397TotalAmt
Program Services$21,911ProgramServicesAmt
Management And General$44,486ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BUILDING MAINTENANCE$945,256$87,993$857,263
SUPPLIES$427,029$425,923$1,106
TELECOMMUNICATION$123,789$123,789

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,655,810TotalAmt
Program Services$6,855,052ProgramServicesAmt
Management And General$3,800,758ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,239,043BOYAmt
EOY$2,459,471EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$679,011BOYAmt
EOY$120,854EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$110,309BOYAmt
EOY$75,888EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,568,288LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,821,190LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,010,614BOYAmt
EOY$9,747,098EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,303,020BOYAmt
EOY$2,227,159EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,341,997BOYAmt
EOY$14,630,470EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,009,196BOYAmt
EOY$1,133,195EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,599,160BOYAmt
EOY$5,423,612EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,086,479BOYAmt
EOY$15,727,574EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,694,835BOYAmt
EOY$22,284,381EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$7,352,838BOYAmt
EOY-$7,653,911EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$7,352,838BOYAmt
EOY-$7,653,911EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,341,997BOYAmt
EOY$14,630,470EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$314,759ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$615,832PriorPeriodAdjustmentsAmt
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
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

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$2,405,753DepreciationAmt
Book Value$8,963,585BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,356,755OtherCostOrOtherBasisAmt
Depreciation$759,455DepreciationAmt
Book Value$597,300BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$842,195OtherCostOrOtherBasisAmt
Depreciation$655,982DepreciationAmt
Book Value$186,213BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,747,098TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
RELATED TO PENSIONS$2,021,865
SECURITY DEPOSITS$116,105
INTEREST RATE SWAP AGREEMENT$80,272
OTHER POST EMPLOYMENT BENEFITS$8,917
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,227,159TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
PENSION LIABILITY$13,628,000
RELATED TO PENSIONS$1,412,000
LESSOR FINANCED IMPROVEMENTS$536,302
INTEREST RATE SWAP AGREEMENT$80,272
OTHER POST EMPLOYMENT BENEFITS$71,000
FieldValueIRS element (for citing)
Total Liability$15,727,574TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,970,569TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$10,970,569RevenueSubtotalAmt
Total Revenue Per Form990$10,970,569TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,655,810TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$10,655,810ExpensesSubtotalAmt
Total Expenses Per Form990$10,655,810TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2018, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INFORMATION RETURN IN THE U.S. FEDERAL JURISDICTION. NO PROVISION FOR INCOME TAXES HAS BEEN ESTABLISHED, AS THE SCHOOL HAS NO UNRELATED BUSINESS ACTIVITY. SHOULD THE TAX EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE SCHOOL'S THREE MOST RECENT TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). THE SCHOOL DOES NOT BELIEVE IT IS SUBJECT TO EXAMINATIONS FOR PERIODS EARLIER THAN 2015.ExplanationTxt

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 FOOD SERVICES AND OTHER EXPENSESExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonEDWARD POZNEKPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$172,897BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org$12,688DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org$54,051NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$239,636TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONMARITIME ACADEMY CHARTER SCHOOLN(MACHS) PROVIDED STUDENTS IN GRADES 4 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 2EUGENE MATTIONI DANTE MATTIONI CHAIRMAN BOARD MEMBER BROTHERS MICHAEL MATTIONI EUGENE & DANTE MATTIONI 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 BY LAW TO ANNUALLLY FILE A CONFLICT OF INTEREST STATEMENT.
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 18WWW.OPENRECORDS.PA.GOV
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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