2017-05-15T15:56:44-05:00 2016-06-30 222428965 CITRIN COOPERMAN & COMPANY LLP 1800 JFK BOULEVARD 20TH FLOOR PHILADELPHIA PA 19103 990 2015-07-01 050581916 MARITIME ACADEMY CHARTER HIGH SCHOOL INC MARI 2155354555 2275 BRIDGE STREET BLD 107 PHILADELPHIA PA 19137 ED POZNEK CEO 2155354555 2017-05-15 1 KEVIN RYAN CPA P00383430 2155454800 2015 2021-01-29 14:40:06Z ED POZNEK 2275 BRIDGE STREET BLD 107 PHILADELPHIA PA 19137 9722873 0 X WWW.MARITIMECHARTER.ORG X 2003 PA MARITIME 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. 17 17 116 0 0 0 1110738 1525532 8015523 8196012 1058 1329 0 0 9127319 9722873 0 0 0 0 5543052 6024574 0 0 0 4310459 3744841 9853511 9769415 -726192 -46542 14334379 14485310 21015955 21213428 -6681576 -6728118 X MARITIME 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. 0 0 6161167 8196012 THE 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, MARINE NAVIGATION AND PILOTING, PROTECTING MARINE HABITAT, SHIPBOARD POLLUTION CONTROL, SIMULATED VOYAGES FOR MARINERS,TRAFFIC SERVICES FOR SAFE PORTS AND WATERWAYS 6161167 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 116 1 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X FOUNDATIONS INC 8565331600 701 EAST GATE DRIVE SUITE 300 MT LAUREL NJ 08054 SCOTT COINTOT VICE CHAIRMAN 2.00 X X 0 0 0 ROBERT COOK BOARD MEMBER 2.00 X 0 0 0 MINERVA CRUZ BOARD MEMBER 2.00 X 0 0 0 TUMMONA FISHER BOARD MEMBER 2.00 X 0 0 0 MICHELE M KRAJEWSKI SECRETARY 2.00 X X 0 0 0 EDORIS LOMAX BOARD MEMBER 2.00 X 0 0 0 EUGENE MATTIONI CHAIRMAN 2.00 X X 0 0 0 MICHAEL MATTIONI BOARD MEMBER 2.00 X 0 0 0 ARTHUR SULZER BOARD MEMBER 2.00 X 0 0 0 RICHARD VENUTI BOARD MEMBER 2.00 X 0 0 0 DR ROBERT VACCHIANO BOARD MEMBER 2.00 X 0 0 0 JOHN BRENNAN BOARD MEMBER 2.00 X 0 0 0 LOUIS CAVALIERE BOARD MEMBER 2.00 X 0 0 0 BARBARA HUNTER BOARD MEMBER 2.00 X 0 0 0 PETER KENNEDY BOARD MEMBER 2.00 X 0 0 0 NATHAN HAUSER BOARD MEMBER 2.00 X 0 0 0 EDWARD POZNEK CEO 40.00 X 166650 0 55144 166650 0 55144 1 0 1 0 0 1525532 1525532 STUDENT SUBSIDY 611110 7916381 7916381 STATE REIMBURSEMENTS 611110 168221 168221 MISCELLANEOUS 611110 96662 96662 FOOD REVENUES 611110 14748 14748 8196012 1329 1329 9722873 8196012 0 1329 4006435 2928591 1077844 980748 723841 256907 650904 458105 192799 386487 287368 99119 312720 312720 46969 46969 29700 29700 354293 191714 162579 5140 5140 36896 36896 889219 711375 177844 17480 17480 290230 290230 444726 444726 114758 38244 76514 FOOD SERVICE EXPENSES 422990 422990 BOOKS AND INSTRUCTIONAL 356154 302074 54080 OTHER PURCHASED SERVICE 150555 150555 TELEPHONE 90846 41024 49822 182165 34105 148060 9769415 6161167 3608248 0 1168715 1402614 327431 435656 134273 98629 13297342 3023139 10578451 10274203 2125509 2274208 14334379 14485310 509705 640514 31285 5982567 5809329 14492398 14763585 21015955 21213428 X -6681576 -6728118 -6681576 -6728118 14334379 14485310 -46542 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11369338 1827603 9541735 1248014 658605 589409 679990 536931 143059 10274203 INTEREST RATE SWAP AGREEMENT 577366 SECURITY DEPOSIT 116105 RELATED TO PENSIONS 1572547 OTHER RECEIVABLES 8190 2274208 INTEREST RATE SWAP AGREEMENT 577366 LESSOR FINANCED IMPROVEMENTS 724629 DUE TO GENERAL FUND 8190 PENSION LIABILITY 12518000 RELATED TO PENSIONS 935400 14763585 X 9722873 0 9722873 0 9722873 9769415 0 9769415 0 9769415 PART X, LINE 2: THE 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. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2016, 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 INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 EDWARD POZNEK CEO 166650 0 0 0 0 0 43062 0 12082 0 221794 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 EUGENE MATTIONI AND DANTE MATTIONI ARE BROTHERS. MICHAEL MATTIONI IS A NEPHEW OF EUGENE AND DANTE MATTIONI. FORM 990, PART VI, SECTION B, LINE 11 ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE 990 PRIOR TO IT BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED BY LAW TO ANNUALLLY FILE A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD MEMBERS FOR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.