Is it real?
No. The IRS revoked its tax exemption. Latest filing we have: FY2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
64 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
6 people listed on the 990; $37K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Yusuf Waged | $36,737 | $48,819 |
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 Metro Tech Academy 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
Empowers students to excel academically by fostering digital literacy.
Questions for Metro Tech Academy
Your first name shows with your question. Metro Tech Academy answers here, for everyone.
Metro Tech Academy completed its first year of full operation as a grade K-6 public charter school institution. During the 2020-2021 academic year, the school had approximately 100 enrolled students.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-1904760) · Dispute this lineBy the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $425 | $26K |
| Land, buildings, equipmentLn 10c | $27K | $35K |
| Total assetsLn 16 | $114K | $230K |
| LiabilitiesLn 26 | $85K | $229K |
| Net assetsLn 32 | $30K | $2K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $50K | $50K | ||
| Other salaries and wagesLn 7 | $147K | $115K | $32K | |
| Pension plan contributionsLn 8 | $24K | $1K | $22K | |
| Other employee benefitsLn 9 | $20K | $13K | $8K | |
| Payroll taxesLn 10 | $17K | $9K | $8K | |
| Other fees for servicesLn 11g | $140K | $83K | $56K | |
| Office expensesLn 13 | $160 | $160 | ||
| Information technologyLn 14 | $26K | $20K | $6K | |
| OccupancyLn 16 | $55K | $55K | ||
| TravelLn 17 | $4K | $4K | ||
| Depreciation, depletion and amortizationLn 22 | $5K | $5K | $364 | |
| InsuranceLn 23 | $9K | $9K | ||
| Other expenses (24a–d)Ln 24 | $117K | $80K | $38K | |
| All other expensesLn 24e | $2K | $2K | ||
| Total functional expensesLn 25 | $617K | $394K | $222K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 Latest ViewingFiled with the IRS Mar 22, 2022 | $589K | $617K | −$28K | $2K | 990 PDF |
| FY2020Filed with the IRS Apr 28, 2021 | $206K | $176K | $30K | $30K | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $588,728 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 2 to look at
Part VIII · Statement of revenue $588,728 across 5 lines filed
Part IX · Statement of functional expenses $616,668 across 14 lines filed
Part X · Balance sheet $230,332 assets, 13 lines filed
Part XI · Reconciliation of net assets $1,658 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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