Mathematics Science and Technology Community Charter School
Nonprofit profile at a glance
- EIN
- 232963763
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2673481100
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $34,460,374
- Expenses
- $34,510,504
- Assets
- $67,090,529
- Liabilities
- $45,216,432
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- BETTYANN CREIGHTON (BOARD VICE PRESIDENT)
- CORVETTE KITRELL (BOARD VICE PRESIDENT)
- KAREN DELGUERCIO (BOARD PRESIDENT)
- JOHN F SWOYER III (CEO)
Highest reported compensation
- JOHN F SWOYER III (CEO): $605,730 total reported compensation
- KIMBERLY BARTH (HEAD OF SP ED FOR NETWORK): $251,149 total reported compensation
- ANGELA KOENIG-ROMANO (HEAD OF TALENT): $250,248 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objectives and purposes of the school are: (1) to foster quality public education and to advance the interests of public school students through the promotion and advocacy of community schools; (2) to stimulate and replicate the development of innovative programs in public education with an emphasis on mathematics, science and technology; (3) to provide opportunities for learning and assessments; (4) to provide parents and students with greater educational options in choosing a school; and (5) to hold teachers, parents, and school administrators accountable for the student educational process. The school is incorporated under the nonprofit corporation law of 1988, as amended, of the commonwealth of Pennsylvania, and shall be organized and operated exclusively for charitable, scientific, literary and educational purposes permitted within the scope of sec. 501(c)(3) of the irc of 1986, as amended, including the purposes specified in act. No. 1997-22 of the general assembly of pa.
What it reported doing in 2024
Supplied educational and administrative services to mast community charter school ii and mast community charter school iii, both related parties.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.2%; rating input score 82
- Program expense ratio: 81.7%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.94; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 82.2% of revenue deployed · 81.7% of spending went to programs
- Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $28.2M in reported program spending
- Leadership: top reported pay $606K · 15 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.9M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.