Is it real?
Yes. Never revoked by the IRS. Latest filing we have: FY2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
9 people listed on the 990; $226K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Melissa Noyes | $69,932 | $63,166 |
| Emily Peterson | $59,333 | $54,600 |
| Terrence Price | — | $37,958 |
| Keilly Olsen | $36,259 | $33,799 |
| Dr Karen Ruth-Jarmon | — | $36,232 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Mastery School INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Guides students toward college and career success through single-gender and mixed-gender programs.
Questions for Mastery School INC
Your first name shows with your question. Mastery School INC answers here, for everyone.
Mastery School provided educational services to approximately 200 students in grades kindergarten through seventh grade.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-4882206) · Dispute this lineBy the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $152K | $159K |
| Land, buildings, equipmentLn 10c | $87K | $7K |
| Total assetsLn 16 | $3.0M | $2.3M |
| LiabilitiesLn 26 | $4.7M | $4.7M |
| Net assetsLn 32 | −$1.7M | −$2.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $296K | $248K | $48K | |
| Pay of disqualified personsLn 6 | $1.9M | $1.7M | $225K | |
| Pension plan contributionsLn 8 | $174K | $153K | $21K | |
| Other employee benefitsLn 9 | $166K | $155K | $11K | |
| Payroll taxesLn 10 | $168K | $148K | $21K | |
| Legal feesLn 11b | $39K | $39K | ||
| Accounting feesLn 11c | $86K | $86K | ||
| Other fees for servicesLn 11g | $404K | $331K | $73K | |
| Advertising and promotionLn 12 | $1K | $1K | ||
| Office expensesLn 13 | $45K | $36K | $9K | |
| Information technologyLn 14 | $50K | $29K | $21K | |
| OccupancyLn 16 | $468K | $415K | $52K | |
| TravelLn 17 | $18K | $17K | $47 | |
| InterestLn 20 | $18K | $18K | ||
| Depreciation, depletion and amortizationLn 22 | $28K | $27K | $826 | |
| InsuranceLn 23 | $20K | $20K | ||
| Other expenses (24a–d)Ln 24 | $1.1M | $868K | $256K | |
| All other expensesLn 24e | $45K | $18K | $26K | |
| Total functional expensesLn 25 | $5.1M | $4.2M | $890K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 LatestFiled with the IRS May 16, 2022 | $3.0M | $2.3M | $761K | $0 | 990 PDF |
| FY2020 ViewingFiled with the IRS Feb 18, 2021 | $4.4M | $5.1M | −$720K | −$2.4M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $4,377,648 revenue, 12 lines filed
Part VI · Governance 4 of 8 board members independent, no flags
Part VIII · Statement of revenue $4,377,648 across 7 lines filed
Part IX · Statement of functional expenses $5,097,857 across 18 lines filed
Part X · Balance sheet $2,267,526 assets, 15 lines filed
Part XI · Reconciliation of net assets −$2,415,488 net assets at year end
Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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