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MARITIME ACADEMY CHARTER SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MARITIME ACADEMY CHARTER SCHOOL (EIN 05-0581916)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202621359349305237
Schema version
2024v5.0
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)
Return2026-05-15T11:36:14-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2024-07-01TaxPeriodBeginDt

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)
PersonMATTHEW WILSONPersonNm
Person TitleCEOPersonTitleTxt
Phone2155354555PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN MILLIGAN CPAPreparerPersonNm
PTINP02155323PTIN
Phone2154969100PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW WILSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19134ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,029,887GrossReceiptsAmt
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(MACS) PROVIDES STUDENTS IN GRADES 1 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACS 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 Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee123TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,753,917PYContributionsGrantsAmt
CY Contributions Grants$2,581,102CYContributionsGrantsAmt
PY Program Service Revenue$13,648,823PYProgramServiceRevenueAmt
CY Program Service Revenue$15,389,893CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$81,814PYOtherRevenueAmt
CY Other Revenue$58,892CYOtherRevenueAmt
PY Total Revenue$18,484,554PYTotalRevenueAmt
CY Total Revenue$18,029,887CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,192,941PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,182,527CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,537,824PYOtherExpensesAmt
CY Other Expenses$10,229,563CYOtherExpensesAmt
PY Total Expenses$16,730,765PYTotalExpensesAmt
CY Total Expenses$20,412,090CYTotalExpensesAmt
PY Revenues Less Expenses$1,753,789PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,382,203CYRevenuesLessExpensesAmt
Total Assets BOY$18,715,272TotalAssetsBOYAmt
Total Assets EOY$20,209,413TotalAssetsEOYAmt
Total Liabilities BOY$12,666,215TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,542,559TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,049,057NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,666,854NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMARITIME ACADEMY CHARTER SCHOOL(MACS) PROVIDES STUDENTS IN GRADES 1 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACS 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$11,339,660ExpenseAmt
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$11,339,660TotalProgramServiceExpensesAmt
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 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 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 Document65IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee123EmployeeCnt
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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 PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMATTHEW WILSONPersonNm
Phone2155354555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19134ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MATTHEW WILSON
CEO40.00Yes (X)$149,420$0$83,631
SCOTT COINTOT
BOARD CHAIRMYes (X)$0$0$0Yes (X)
LOUIS CAVALIERE
BOARD MEMBER$0$0$0Yes (X)
MARY ANNE CELENZA
BOARD MEMBER$0$0$0Yes (X)
ROBERT COOK
BOARD MEMBER$0$0$0Yes (X)
MINERVA CRUZ
BOARD MEMBER$0$0$0Yes (X)
TUMMONA FISHER
BOARD MEMBER$0$0$0Yes (X)
LEW GRILL
BOARD MEMBER$0$0$0Yes (X)
NATHAN HAUSER
BOARD MEMBER$0$0$0Yes (X)
CYNTHIA HUDSON
BOARD MEMBER$0$0$0Yes (X)
MICHAEL LAGRASSA
BOARD MEMBER$0$0$0Yes (X)
MICHAEL MATTIONI
BOARD MEMBER$0$0$0Yes (X)
ARTHUR SULZER
BOARD MEMBER$0$0$0Yes (X)
DR ROBERT VACCHIANO
BOARD MEMBER$0$0$0Yes (X)
DR RICHARD VENUTI
BOARD MEMBER$0$0$0Yes (X)
EUGENE MATTIONI
CEO40.00$116,515$0$9,662Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$265,935TotalReportableCompFromOrgAmt
Total Other Compensation$93,293TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$2,581,102GovernmentGrantsAmt
Total Contributions$2,581,102TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLOCAL EDUCATIONAL AGENCYDesc
Total Revenue Column$15,389,893TotalRevenueColumnAmt
Related Or Exempt Func Income$15,389,893RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$15,389,893TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHERDesc
Total Revenue Column$58,892TotalRevenueColumnAmt
Related Or Exempt Func Income$58,892RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$58,892OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,029,887TotalRevenueColumnAmt
Related Or Exempt Func Income$15,448,785RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$149,420TotalAmt
Management And General$149,420ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$116,515TotalAmt
Management And General$116,515ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,500,701TotalAmt
Program Services$5,330,914ProgramServicesAmt
Management And General$2,169,787ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$377,452TotalAmt
Program Services$215,399ProgramServicesAmt
Management And General$162,053ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,446,865TotalAmt
Program Services$1,013,759ProgramServicesAmt
Management And General$433,106ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$591,574TotalAmt
Program Services$402,202ProgramServicesAmt
Management And General$189,372ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$411,544TotalAmt
Management And General$411,544ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$156,272TotalAmt
Management And General$156,272ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,979TotalAmt
Management And General$8,979ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,487,039TotalAmt
Program Services$2,416,169ProgramServicesAmt
Management And General$70,870ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,281TotalAmt
Management And General$3,281ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$177,609TotalAmt
Management And General$177,609ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,271,908TotalAmt
Program Services$982,313ProgramServicesAmt
Management And General$289,595ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,508TotalAmt
Management And General$14,508ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$981,034TotalAmt
Management And General$981,034ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,297,690TotalAmt
Management And General$1,297,690ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$176,704TotalAmt
Program Services$58,312ProgramServicesAmt
Management And General$118,392ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD SERVICES/MEALS$866,109$11,613$854,496
BUILDING MAINTENANCE$840,313$179,376$660,937
SUPPLIES$655,355$655,355
TELECOMMUNICATION$495,838$495,838

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$385,380TotalAmt
Program Services$74,248ProgramServicesAmt
Management And General$311,132ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,412,090TotalAmt
Program Services$11,339,660ProgramServicesAmt
Management And General$9,072,430ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,354,964BOYAmt
EOY$1,980,876EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,408,435BOYAmt
EOY$534,684EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$47,208BOYAmt
EOY$1,187EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,996,465LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,489,002LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,622,249BOYAmt
EOY$12,507,463EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,282,416BOYAmt
EOY$5,185,203EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,715,272BOYAmt
EOY$20,209,413EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,053,734BOYAmt
EOY$1,400,533EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$49,293BOYAmt
EOY$54,636EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$4,354,865BOYAmt
EOY$9,494,390EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,208,323BOYAmt
EOY$5,593,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,666,215BOYAmt
EOY$16,542,559EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,049,057BOYAmt
EOY$3,666,854EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,049,057BOYAmt
EOY$3,666,854EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,715,272BOYAmt
EOY$20,209,413EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,382,203ReconcilationRevenueExpnssAmt
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$4,428,442DepreciationAmt
Book Value$6,940,896BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,506,122OtherCostOrOtherBasisAmt
Depreciation$2,111,950DepreciationAmt
Book Value$5,394,172BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,121,005OtherCostOrOtherBasisAmt
Depreciation$1,948,610DepreciationAmt
Book Value$172,395BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,507,463TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
RIGHT TO USE, BLDG, NET$3,959,752
DEFERRED OUTFLOW-PENSION$1,088,059
SECURITY DEPOSITS$116,905
DEFERRED OUTFLOW-OPEB$20,487
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,185,203TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
PENSION LIABILITY$4,897,000
DEFERRED INFLOW-PENSION$395,000
OPEB LIABILITY$208,000
DEFERRED INFLOW-OPEB$93,000
FieldValueIRS element (for citing)
Total Liability$5,593,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$18,029,887TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$18,029,887RevenueSubtotalAmt
Total Revenue Per Form990$18,029,887TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,412,090TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$20,412,090ExpensesSubtotalAmt
Total Expenses Per Form990$20,412,090TotalExpensesPerForm990Amt

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, 2025, 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 2022.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 EDUCATION SERVICES, FOOD SERVICES, AND OTHER EXPENSESExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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 (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
MATTHEW WILSON
CEO$149,420$83,631$233,051
EUGENE MATTIONI
CEO$116,515$9,662$126,177

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONMARITIME ACADEMY CHARTER SCHOOL(MACS) PROVIDES STUDENTS IN GRADES 1 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACS 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 MICHAEL MATTIONI FORMER CEO BOARD MEMBER UNCLE/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 ANNUALLY FILE A CONFLICT OF INTEREST STATEMENT. ALSO DISCUSSION ABOUT CONFLICTS 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.
FORM 990, PART IX, LINE 11GPROFESSIONAL SERVICES 2,416,169 70,870 0

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