MANARA ACADEMY INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MANARA ACADEMY INC (EIN 20-5254172)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201911349349301146
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)
Return2019-05-14T08:16:19-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN751668928PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JUDD THOMAS SMITH & CO PCBusinessNameLine1Txt

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 Begin2017-07-01TaxPeriodBeginDt

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)
PersonDEBBIE RICHPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9723041155PhoneNum
Signature2019-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW J MOOREPreparerPersonNm
PTINP01228905PTIN
Phone9726615872PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.78.72.154IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-03IPDt
IP Tm07:21:47IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id093DBA42F8BBD192BF47A60348613F2387C29826AtSubmissionCreationDeviceId
At Submission Filing Device Id093DBA42F8BBD192BF47A60348613F2387C29826AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

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$8,345,953GrossReceiptsAmt
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 Employee174TotalEmployeeCnt
Total Volunteers148TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,906,394PYContributionsGrantsAmt
CY Contributions Grants$8,216,571CYContributionsGrantsAmt
PY Program Service Revenue$130,108PYProgramServiceRevenueAmt
CY Program Service Revenue$74,392CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$74,834PYOtherRevenueAmt
CY Other Revenue$54,990CYOtherRevenueAmt
PY Total Revenue$8,111,336PYTotalRevenueAmt
CY Total Revenue$8,345,953CYTotalRevenueAmt
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$5,368,400PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,844,230CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$25,289CYTotalFundraisingExpenseAmt
PY Other Expenses$2,887,221PYOtherExpensesAmt
CY Other Expenses$2,974,726CYOtherExpensesAmt
PY Total Expenses$8,255,621PYTotalExpensesAmt
CY Total Expenses$8,818,956CYTotalExpensesAmt
PY Revenues Less Expenses-$144,285PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$473,003CYRevenuesLessExpensesAmt
Total Assets BOY$9,380,765TotalAssetsBOYAmt
Total Assets EOY$9,589,479TotalAssetsEOYAmt
Total Liabilities BOY$7,572,478TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,254,195TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,808,287NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,335,284NetAssetsOrFundBalancesEOYAmt
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$8,353,323ExpenseAmt
Revenue$74,392RevenueAmt
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$8,353,323TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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
Employee174EmployeeCnt
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
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 (9 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
LARRY BEST
DIRECTOR1.00Yes (X)$0$0$0
SAMIRA ISSIOUI
DIRECTOR1.00Yes (X)$0$0$0
DEBBIE RICH
TREASURER/DIRECTOR1.00Yes (X)Yes (X)$0$0$0
FRED CLARKE
SUPERINTENDENT40.00Yes (X)$139,963$0$7,281
FieldValueIRS element (for citing)
Total Reportable Comp From Org$139,963TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,281TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonTWELVE OAKS CATERINGPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line110875 SHADY TRAILAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75220ZIPCd
FieldValueIRS element (for citing)
ServicesFOOD SERVICEServicesDesc
Compensation$182,170CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$8,190,437GovernmentGrantsAmt
All Other Contributions$26,134AllOtherContributionsAmt
Total Contributions$8,216,571TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL FEES900099$62,334$62,334
FOOD SERVICE REVENUE900099$12,058$12,058
FieldValueIRS element (for citing)
Total Program Service Revenue$74,392TotalProgramServiceRevenueAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$54,990RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$54,990RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,990TotalRevenueColumnAmt
Exclusion$54,990ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,345,953TotalRevenueColumnAmt
Related Or Exempt Func Income$74,392RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$54,990ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$139,963TotalAmt
Management And General$139,963ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$5,238,689TotalAmt
Program Services$5,077,034ProgramServicesAmt
Management And General$136,366ManagementAndGeneralAmt
Fundraising$25,289FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$161,411TotalAmt
Program Services$152,179ProgramServicesAmt
Management And General$9,232ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$230,212TotalAmt
Program Services$218,921ProgramServicesAmt
Management And General$11,291ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$73,955TotalAmt
Program Services$70,001ProgramServicesAmt
Management And General$3,954ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,053TotalAmt
Program Services$9,053ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,960TotalAmt
Management And General$14,960ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$33,036TotalAmt
Program Services$17,599ProgramServicesAmt
Management And General$15,437ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$172,214TotalAmt
Program Services$172,214ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,551,408TotalAmt
Program Services$1,471,265ProgramServicesAmt
Management And General$80,143ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$55,556TotalAmt
Program Services$54,130ProgramServicesAmt
Management And General$1,426ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$282,479TotalAmt
Program Services$282,479ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$301,714TotalAmt
Program Services$301,714ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$51,269TotalAmt
Program Services$51,269ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD$218,549$218,549
GENERAL SUPPLIES$212,030$192,200$19,830
TUITION AND RELATED FEE$36,289$28,547$7,742
INSTRUCTIONAL SUPPLIES$36,169$36,169

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,818,956TotalAmt
Program Services$8,353,323ProgramServicesAmt
Management And General$440,344ManagementAndGeneralAmt
Fundraising$25,289FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$598,410BOYAmt
EOY$770,711EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,027,418BOYAmt
EOY$1,202,672EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,173BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,295BOYAmt
EOY$59,606EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,703,084LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,390,342LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,493,839BOYAmt
EOY$7,312,742EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$255,630BOYAmt
EOY$243,748EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,380,765BOYAmt
EOY$9,589,479EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$606,831BOYAmt
EOY$810,998EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,774BOYAmt
EOY$1,720EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,951,873BOYAmt
EOY$7,441,477EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$12,000BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,572,478BOYAmt
EOY$8,254,195EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,609,309BOYAmt
EOY$1,301,385EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$198,978BOYAmt
EOY$33,899EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,808,287BOYAmt
EOY$1,335,284EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,380,765BOYAmt
EOY$9,589,479EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$473,003ReconcilationRevenueExpnssAmt
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 B IRS990ScheduleB

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$5,762,598OtherCostOrOtherBasisAmt
Depreciation$988,314DepreciationAmt
Book Value$4,774,284BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$671,132OtherCostOrOtherBasisAmt
Depreciation$402,028DepreciationAmt
Book Value$269,104BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,312,742TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$8,345,953TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,345,953RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,345,953TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,818,956TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,818,956ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,818,956TotalExpensesPerForm990Amt

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. THE REPORT IS SIGNED BY A MEMBER OF MANAGEMENT AND PROVIDED TO THE BOARD PRIOR TO FILING.
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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