To provide a learning environment for children and their families that fits their life goals. To support them with what they need to thrive through interaction with their teachers, parents, and community.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $59K a year · 54% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$163K
356% of total assets
Concern: liabilities are 356% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$119K
+134% vs prior year
Spent
$175K
To programs
84%
Net assets
−$117K
By yearFY2022–FY2024
Revenue
$119K
FY2023▲ +134%
Tap a bar for its year
Revenue by fiscal year
FY2022$51K
FY2023$119K
FY2024$155K
Expenses
$175K
FY2023▲ +55%
Tap a bar for its year
Expenses by fiscal year
FY2022$113K
FY2023$175K
FY2024$214K
Net assets
−$117K
FY2023▼ -90%
Tap a bar for its year
Net assets by fiscal year
FY2022−$62K
FY2023−$117K
FY2024−$176K

From the FY2023 Form 990 (year ending July 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $147K Management & general 16% · $28K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Master Tree Academy INC executive salaries →

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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 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Empowers children and families to achieve life goals through supportive learning and community interaction.

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1 program · $147K · in their own filed words · FY2022
01

Children are taught in mixed age and ability groups in which the strengths of each child are focused for the benefit of the whole class. Academic subjects are taught in rhythmically structured main lesson am periods followed by scientific, technical or life-skill applications.

$147Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$119K
Ln 12
Fees for servicesLn 2g$104K
Gifts and grantsLn 1h$15K
Money outPt IX
$175K
Ln 25
Programscol B$147K
Managementcol C$28K
Owns and owesPt X
−$117K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$46K
LiabilitiesLn 26$163K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Fees for servicesLn 2g$104K
Total revenueLn 12$119K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Land, buildings, equipmentLn 10c$25K
Total assetsLn 16$46K
LiabilitiesLn 26$163K
Net assetsLn 32−$117K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5K$21K
Land, buildings, equipmentLn 10c$26K$25K
Total assetsLn 16$32K$46K
LiabilitiesLn 26$93K$163K
Net assetsLn 32−$62K−$117K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$75K$75K
Payroll taxesLn 10$6K$6K
Legal feesLn 11b$3K$3K
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$342$342
Office expensesLn 13$1K$1K
Information technologyLn 14$5K$5K
OccupancyLn 16$36K$36K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$9K$9K
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$100$100
Other expenses (24a–d)Ln 24$20K$12K$8K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$175K$147K$28K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Jan 29, 2026 $155K$214K−$59K−$176K 990 PDF
FY2023 ViewingFiled with the IRS Dec 23, 2024 $119K$175K−$56K−$117K 990 PDF
FY2022Filed with the IRS Jun 15, 2023 $51K$113K−$62K−$62K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $119,314 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $847$15,382
I-9 Program service revenuePrior year $50,238$103,932
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $51,085$119,314
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $59,185$81,235
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $53,513$93,725
I-18 Total expensesPrior year $112,698$174,960
I-19 Revenue less expensesPrior year −$61,613−$55,646
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $119,314 across 4 lines filed
VIII-1f All other contributions, gifts and grants$15,382
VIII-1h Total contributions, gifts and grants$15,382
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $103,932$103,932
VIII-12 Total revenueRelated to mission $103,932 · Unrelated business $0 · Excluded from tax $0$119,314
Part IX · Statement of functional expenses $174,960 across 14 lines filed
IX-7 Other salaries and wagesPrograms $75,352$75,352
IX-10 Payroll taxesPrograms $5,883$5,883
IX-11b Legal feesManagement $2,686$2,686
IX-11g Other fees for servicesManagement $1,626$1,626
IX-12 Advertising and promotionManagement $342$342
IX-13 Office expensesManagement $1,059$1,059
IX-14 Information technologyPrograms $5,184$5,184
IX-16 OccupancyPrograms $36,000$36,000
IX-19 Conferences, conventions and meetingsManagement $2,440$2,440
IX-20 InterestManagement $9,127$9,127
IX-22 Depreciation, depletion and amortizationPrograms $12,006$12,006
IX-23 InsurancePrograms $100$100
IX-24 Other expenses (24a–d)Programs $12,010 · Management $8,171$20,181
IX-24e All other expensesManagement $2,974$2,974
IX-25 Total functional expensesPrograms $146,535 · Management $28,425 · Fundraising $0$174,960
Part X · Balance sheet $45,831 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $5,320$20,632
X-10c Land, buildings and equipment, netStart of year $26,368$25,199
X-16 Total assetsStart of year $31,688$45,831
X-24 Unsecured notes and loans payableStart of year $697$864
X-26 Total liabilitiesStart of year $93,301$163,090
X-32 Total net assets or fund balancesStart of year −$61,613−$117,259
X-33 Total liabilities and net assetsStart of year $31,688$45,831
Part XI · Reconciliation of net assets −$117,259 net assets at year end
XI-1 Total revenue$119,314
XI-2 Total expenses$174,960
XI-3 Revenue less expenses−$55,646
XI-4 Net assets at start of year−$61,613
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$117,259

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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