2019-05-22T18:03:31-05:00 2018-06-30 272001590 J Miller & Associates LLC 1617 John F Kennedy Blvd Suite 1010 Philadelphia PA 19103 990 2017-07-01 205593485 Mastery Charter Schools Foundation MAST 2159221902 5700 Wayne Avenue Philadelphia PA 19144 Stephen Cohn President 2159221902 2019-05-22 Joyce Miller P00047160 2156001701 2019-05-22 73.233.95.8 2019-05-22 18:03:29 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 561ED4B33283B002E2C3B269A027F0DE46D4ED9A 2017 2019-02-21 02:37:17Z Stephen Cohn 5700 Wayne Avenue Philadelphia PA 19144 17237826 0 X www.masterycharter.org X 2006 PA To develop and provide financial support for the Mastery network of charter schools. 3 3 0 3 0 0 11113275 11108462 0 0 2618637 5545949 107602 451940 13839514 17106351 6290041 4541226 0 0 0 0 0 0 0 1476783 3764423 7766824 8305649 6072690 8800702 102203851 107135347 77081228 73212022 25122623 33923325 Mastery Charter Schools Foundation is a nonprofit charitable foundation organized to develop and provide support to Mastery Charter Schools' educational programs in Philadelphia, PA and Camden, NJ 0 0 8218973 4541226 Mastery Charter Schools Foundation will drive educational reform by supporting the academic and operational programs of Mastery Charter Schools. 8218973 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA NJ X J Miller & Associates LLC 2156001701 1617 John F Kennedy Blvd Philadelphia PA 19103 X Stephen Cohn President 1.00 X X 0 0 0 Edward Baumstein Treasurer 1.00 X X 0 0 0 Brook J Lenfest Board Member 1.00 X X 0 0 0 0 0 0 0 0 0 0 Skanska USA Building Inc 518 E Township Line Road Blue Bell PA 19422 Construction 9767007 Northstar Owners Representation 150 North Radnor Chester Road Ste B Radnor PA 19087 Construction management services 113376 2 11108462 11108462 5545949 5545949 331440 131475 199965 199965 199965 Forgiveness of debt 900099 250000 250000 Loan origination fees 900099 1975 1975 251975 17106351 451940 0 5545949 4517226 4517226 24000 24000 49363 49363 3675528 3675528 33985 33985 Bank fees 3328 3328 Community engagement 2219 2219 8305649 8218973 86676 0 12252450 5966541 7933360 4988318 845925 1202283 17131826 16563228 13171 1897 13122779 339039 7598436 12783740 9875219 56428683 55754121 102203851 107135347 2586642 106209 762375 1589273 62055000 61443042 10900000 9128164 777211 945334 77081228 73212022 X 6685552 17115531 18437071 15807794 1000000 25122623 33923325 102203851 107135347 8800702 0 X 0 0 0 X 11970151 8275545 4476134 9738108 11108462 45568400 11970151 8275545 4476134 9738108 11108462 45568400 18061120 27507280 42056 25048 1170276 2618637 5545949 9401966 156 251875 252031 55222397 994320 0.49810 0.47470 X 165000 165000 12957779 339039 12618740 12783740 Bonds receivable 55741599 Due from related parties 12522 55754121 Interest payable 945334 945334 X 17632716 394890 131475 526365 17106351 0 17106351 8832014 394890 131475 526365 8305649 0 8305649 Part X, Line 2: The Organization accounts for uncertainty in income taxes in accordance with ASC Topic, Income Taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidated financial statements regarding a tax position taken or expected to be taken in a tax return. The Organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidated financial statements at June 30, 2018 and 2017. The Organization's information returns are subject to examination by Federal and state jurisdictions. Part XI, Line 2d - Other Adjustments: Depreciation expense deducted from rental income Part XII, Line 2d - Other Adjustments: Depreciation on Form 990 is reported net of rental income 1 Mastery Charter High School 35 South 4th Street Philadelphia PA 19106 233060542 501(c)(3) 2593182 Charter school support, development and expansion Mastery Charter School - Thomas Campus 927 Johnson Street Philadelphia PA 19148 204861191 501(c)(3) 70951 Charter school support Mastery Charter School - Shoemaker Campus 5301 Media Street Philadelphia PA 19131 204861234 501(c)(3) 56581 Charter school support Mastery Charter School - Pickett Campus 5700 Wayne Avenue Philadelphia PA 19144 651308951 501(c)(3) 43063 Charter school support Mastery Charter School - Harrity Elementary 5601 Christian Street Philadelphia PA 19143 272575445 501(c)(3) 31011 Charter school support Mastery Charter School - Mann Elementary 5376 West Berks Street Philadelphia PA 19131 272575568 501(c)(3) 724 Charter school support Mastery Charter School - Smedley Elementary 1790 Bridge Street Philadelphia PA 19124 272575502 501(c)(3) 16222 Charter school support Hardy Williams Academy Charter School 1712 South 56th Street Philadelphia PA 19143 522173268 501(c)(3) 37252 Charter school support Mastery Charter School - Gratz Campus 1798 West Hunting Park Avenue Philadelphia PA 19140 452107493 501(c)(3) 155523 Charter school support Grover Cleveland Mastery Charter School 5650 Sprague Street Philadelphia PA 19138 462846820 501(c)(3) 45825 Charter school support Mastery Charter Schools of Camden 1033 Cambridge Avenue Camden NJ 08105 465158488 501(c)(3) 45500 Charter school support Francis D Pastorius Mastery Charter School 5650 Sprague Street Philadelphia PA 19138 462846820 501(c)(3) 7566 Charter school support Frederick Douglass Mastery Charter School 2118 W Norris Street Philadelphia PA 19121 800619248 501(c)(3) 73675 Charter school support Mastery Charter School - Clymer Elementary 1201 W Rush Street Philadelphia PA 19133 452107667 501(c)(3) 28684 Charter school support Mastery Charter School - Wister Campus 67 E Bringhurst Street Philadelphia PA 19144 812713543 501(c)(3) 771000 Charter school support College Scholarships 12 24000 Cash value Part I, Line 2: The Organization grants funds only to Mastery Charter Schools and OSTC funds to qualified institutions. The Organization's shared management team monitors all grants. Form 990, Part VI, Section B, line 11b A draft of the Form 990 to be filed is provided to the Board of Directors prior to filing. The form is filed after their review. Form 990, Part VI, Section B, line 12c Board members are covered by a conflict of interest policy which is reviewed annually by the Board members. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. MCSF Lender LLC 5700 Wayne Avenue Philadelphia PA 19144 300885141 Holder of debt for school bldg activity PA Mastery Charter Schools Foundation MCSF Lender II LLC 5700 Wayne Avenue Philadelphia PA 19144 Holder of debt for school bldg activity PA Mastery Charter Schools Foundation Late filed return due to CCH Software Outage.