2026-04-24T11:25:17-05:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 233060542 MASTERY CHARTER HIGH SCHOOL MAST 2158669000 5700 WAYNE AVENUE PHILADELPHIA PA 19144 YONCA AGATAN CHIEF FINANCIAL OFFICER 2158669000 2026-04-23 1 1 MATTHEW MCGINNIS CPA P01585083 5083669100 2026-04-23 2024 2025-03-06 01:10:19Z DR JOEL BOYD 5700 WAYNE AVENUE PHILADELPHIA PA 19144 65445727 0 X WWW.MASTERYCHARTER.ORG X 2000 PA STUDENTS LEARN THE SKILLS NEEDED FOR POST SECONDARY SUCCESS AND ARE ABLE TO PURSUE THEIR DREAMS. 5 5 274 5 0 0 16359922 16775937 44725479 47621205 431287 840172 69410 208413 61586098 65445727 675423 1107547 0 0 31090084 35083895 0 0 0 25217670 29904744 56983177 66096186 4602921 -650459 49284678 46668894 31455977 30963702 17828701 15705192 ALL STUDENTS LEARN THE ACADEMIC AND PERSONAL SKILLS THEY NEED TO BE TRULY PREPARED FOR POSTSECONDARY SUCCESS AND ABLE TO PURSUE THEIR DREAMS. 0 0 49255912 1107547 47621205 MASTERY SCHOOLS INTEGRATES EDUCATIONAL BEST PRACTICES AND EFFECTIVE MANAGEMENT TO DRIVE STUDENT ACHIEVEMENT. OUR ACADEMIC STAFF IS OUTSTANDING AND RELENTLESSLY COMMITTED TO STUDENT ACHIEVEMENT AND CONTINUALLY IMPROVE THEIR CRAFT THROUGH HIGHLY-EFFECTIVE PROFESSIONAL DEVELOPMENT, COACHING, AND COLLABORATIVE SUPPORT. INSTRUCTION IS GROUNDED BY A COMMON PEDAGOGICAL VISION AND GUIDED BY RIGOROUS STANDARDS-BASED CURRICULA. WE ALIGN ASSESSMENTS TO CLEAR AND MEANINGFUL OBJECTIVES AND USE ASSESSMENT DATA TO TARGET AREAS OF NEED.MASTERY CHARTER HIGH SCHOOL SERVES STUDENTS IN GRADES 7-12. 49255912 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 100 0 1 274 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2158669000 5700 WAYNE AVENUE PHILADELPHIA PA 19144 SULAIMAN RAHMAN CHAIR 1.00 X X 0 0 0 DAVINA DUKES SECRETARY 1.00 X X 0 0 0 MICHAEL HAUGEN TREASURER 1.00 X X 0 0 0 ROBERT VICTOR TRUSTEE 1.00 X 0 0 0 JAIME SERRANO TRUSTEE 1.00 X 0 0 0 JOEL BOYD CHIEF EXECUTIVE OFFICER 40.00 X 298560 0 73254 YONCA AGATAN CHIEF FINANCIAL OFFICER 40.00 X 219789 0 82272 CHRISTOPHER ZIEMBA PRINCIPAL - HS (UNTIL 6/25) 40.00 X 192917 0 81941 JEFFREY PESTRAK EXEC. SCHOOLS OFFICER 40.00 X 236954 0 106455 PETER LEE CHIEF INFORMATION OFFICER 40.00 X 221765 0 100985 MATTHEW TROHA CHIEF OPERATING OFFICER (UNTIL 2/25) 40.00 X 215610 0 98556 JESSICA VAREVICE CHIEF ACADEMIC OFFICER 40.00 X 222758 0 36098 SALIYAH CRUZ CHIEF EQUITY OFFICER 40.00 X 218327 0 36098 YVETTE NUNEZ CHIEF OF STAFF 40.00 X 219687 0 25175 SERENA AMOS CHIEF PEOPLE OFFICER 40.00 X 173811 0 28265 BRIAN MCLAUGHLIN REGIONAL SCHOOLS OFFICER 40.00 X 210785 0 94532 NAEEMAH SEWARD REGIONAL SCHOOLS OFFICER 40.00 X 185539 0 71316 DANIEL BELL DEPUTY CHIEF OF FINANCE 40.00 X 217807 0 34543 ASHLEY BALDWIN REGIONAL SCHOOLS OFFICER 40.00 X 205770 0 24115 KIMBERLY BLAKE REGIONAL SCHOOLS OFFICER 40.00 X 193599 0 23400 3233678 0 917005 15 0 1 0 NUTRITION INC 580 WENDEL ROAD SUITE 100 IRWIN PA 15642 FOOD SERVICES 8078662 BEAZLEY SECURITY LLC 65 MEMORIAL ROAD SUITE 320 WEST HARTFORD CT 06107 TECHNOLOGY SERVICES 706726 THE NEW TEACHERS PROJECT 500 7TH AVENUE 8TH FLOOR NEW YORK NY 10018 PROF. DEV., EVAL. AND SURVEY SERVICES 595000 SPECIALIZED EDUCATION SERVICES INC 2 AQUARIUM DRIVE SUITE 100 CAMDEN NJ 08103 EDUCATION SERVICES 561263 CLIFTONLARSONALLEN LLP 18 SENTRY PARK WEST SUITE 300 BLUE BELL PA 19422 AUDIT SERVICES 426521 20 15254131 1521806 546133 16775937 NST MANAGEMENT FEE REVENUE 611710 33109125 33109125 DISTRICT SUBSIDIES 611110 12425466 12425466 OTHER PROGRAM REVENUE 611110 724121 724121 E-RATE 611110 614903 614903 EARLY COLLEGE PROGRAM 611110 558000 558000 189590 189590 47621205 840172 840172 MISCELLANEOUS REVENUE 900099 207092 207092 FOOD SERVICE REVENUE 900099 1321 1321 208413 65445727 47621205 0 1048585 1107547 1107547 3114375 1133634 1980741 23453982 15585841 7868141 2638408 1631480 1006928 4072438 2707621 1364817 1804692 1186859 617833 201500 201500 677965 677965 47883 47883 6167254 4598736 1568518 623389 148 623241 862279 516239 346040 3625933 3350631 275302 1013280 1013280 1392576 1329155 63421 321592 232466 89126 50106 50106 5633185 5633185 57039 57039 FOOD SERVICE 7987369 7987369 SPECIAL EDUCATION 732150 732150 LOSS ON DISPOSAL 394283 394283 BOOKS 80878 80878 36083 34410 1673 66096186 49255912 16840274 0 5078534 1000 9587902 14467907 2649944 1491624 762934 312853 995476 40085800 29563990 12893078 10521810 13264198 13998801 5498169 4429342 49284678 46668894 9766476 9414040 43950 206442 21645551 21343220 31455977 30963702 X 6891255 4317973 10937446 11387219 0 0 17828701 15705192 49284678 46668894 X -650459 55606 -1528656 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 267500 267500 12961789 8579606 4382183 25119330 19730706 5388624 1737181 1253678 483503 10521810 DEFERRED OUTFLOWS FROM PENSIONS 2714000 DEFERRED OUTFLOWS FROM OPEB 129000 DEPOSITS 36955 RIGHT-TO-USE LEASE ASSETS 145670 RIGHT-TO-USE SUBSCRIPTION ASSETS 1403717 4429342 NET PENSION LIABILITY 17872000 NET OPEB LIABILITY 751000 SUBSCRIPTION LIABILITY 530032 DEFERRED INFLOWS FROM PENSIONS 857000 DEFERRED INFLOWS FROM OPEB 179000 LEASE LIABILITY 153946 DUE TO OTHER GOVERNMENTAL ENTITIES 15590 COMPENSATED ABSENCES 984652 21343220 X 66965997 55606 1512547 1568153 65397844 47883 47883 65445727 67560850 1512547 1512547 66048303 47883 47883 66096186 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NST MANAGEMENT FEES PAID BY MCHS 1,492,547. INTERNAL GRANTS 20,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: NST MANAGEMENT FEES PAID BY MCHS 1,492,547. INTERNAL GRANTS 20,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STUDENT/PARENT HANDBOOK IS DISTRIBUTED ANNUALLY TO ALL FAMILIES AND IS PUBLISHED ON OUR WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED VARIOUS GRANTS FROM THE FEDERAL COMMUNICATIONS COMMISSION AND FROM THE U.S. DEPARTMENTS OF EDUCATION AND AGRICULTURE, PASSED THROUGH THE PENNSYLVANIA DEPARTMENTS OF EDUCATION AND AGRICULTURE, AND ALSO PARTICIPATES IN VARIOUS REIMBURSEMENT PROGRAMS WITH THE PENNSYLVANIA DEPARTMENT OF EDUCATION. 1 MASTERY CHARTER SCHOOL - THOMAS CAMPUS 5700 WAYNE AVENUE PHILADELPHIA PA 19144 204861191 501(C)(3) 40526 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - SHOEMAKER CAMPUS 5700 WAYNE AVENUE PHILADELPHIA PA 19144 204861234 501(C)(3) 86719 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - PICKETT CAMPUS 5700 WAYNE AVENUE PHILADELPHIA PA 19144 651308951 501(C)(3) 120616 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL JOHN WISTER CAMPUS 5700 WAYNE AVENUE PHILADELPHIA PA 19144 812713543 501(C)(3) 45329 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - GRATZ CAMPUS 5700 WAYNE AVENUE PHILADELPHIA PA 19144 452107493 501(C)(3) 191802 0 PROGRAM EXPENSES MASTERY PREP ELEMENTARY CHARTER SCHOOL 5700 WAYNE AVENUE PHILADELPHIA PA 19144 824221501 501(C)(3) 80612 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - HARRITY ELEMENTARY 5700 WAYNE AVENUE PHILADELPHIA PA 19144 272575445 501(C)(3) 53024 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - MANN ELEMENTARY 5700 WAYNE AVENUE PHILADELPHIA PA 19144 272575568 501(C)(3) 16537 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - SMEDLEY ELEMENTARY 5700 WAYNE AVENUE PHILADELPHIA PA 19144 272575502 501(C)(3) 14915 0 PROGRAM EXPENSES HARDY WILLIAMS ACADEMY CHARTER SCHOOL 5700 WAYNE AVENUE PHILADELPHIA PA 19144 522173268 501(C)(3) 224638 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL - CLYMER ELEMENTARY 5700 WAYNE AVENUE PHILADELPHIA PA 19144 452107667 501(C)(3) 11470 0 PROGRAM EXPENSES GROVER CLEVELAND-MASTERY CHARTER SCHOOL 5700 WAYNE AVENUE PHILADELPHIA PA 19144 455142446 501(C)(3) 53610 0 PROGRAM EXPENSES MASTERY CHARTER SCHOOL PASTORIUS-RICHARDSON ELEMENTARY 5700 WAYNE AVENUE PHILADELPHIA PA 19144 462846820 501(C)(3) 58965 0 PROGRAM EXPENSES FREDERICK DOUGLASS MASTERY CHARTER SCHOOL 5700 WAYNE AVENUE PHILADELPHIA PA 19144 800619248 501(C)(3) 34896 0 PROGRAM EXPENSES MASTERY SCHOOLS OF CAMDEN INC 5700 WAYNE AVENUE PHILADELPHIA PA 19144 465158488 501(C)(3) 73888 0 PROGRAM EXPENSES 15 PART I, LINE 2: THE ORGANIZATION GRANTS FUNDS ONLY TO OTHER 501(C)(3) PUBLIC CHARITY CHARTER SCHOOLS WITHIN THE MASTERY CHARTER SCHOOL NETWORK. THE ORGANIZATION'S SHARED MANAGEMENT TEAM MONITORS THE PROPER USE OF ALL GRANT FUNDS. X X X X 0 0 0 0 0 0 0 1 0 JOEL BOYD CHIEF EXECUTIVE OFFICER 271560 0 27000 0 0 0 55211 0 18043 0 371814 0 0 0 JEFFREY PESTRAK EXEC. SCHOOLS OFFICER 236954 0 0 0 0 0 81738 0 24717 0 343409 0 0 0 PETER LEE CHIEF INFORMATION OFFICER 221765 0 0 0 0 0 76268 0 24717 0 322750 0 0 0 MATTHEW TROHA CHIEF OPERATING OFFICER (UNTIL 2/25) 215610 0 0 0 0 0 73839 0 24717 0 314166 0 0 0 BRIAN MCLAUGHLIN REGIONAL SCHOOLS OFFICER 197465 0 13320 0 0 0 69411 0 25121 0 305317 0 0 0 YONCA AGATAN CHIEF FINANCIAL OFFICER 219789 0 0 0 0 0 76268 0 6004 0 302061 0 0 0 CHRISTOPHER ZIEMBA PRINCIPAL - HS (UNTIL 6/25) 156917 0 36000 0 0 0 56474 0 25467 0 274858 0 0 0 JESSICA VAREVICE CHIEF ACADEMIC OFFICER 208758 0 14000 0 0 0 10977 0 25121 0 258856 0 0 0 NAEEMAH SEWARD REGIONAL SCHOOLS OFFICER 185539 0 0 0 0 0 64562 0 6754 0 256855 0 0 0 SALIYAH CRUZ CHIEF EQUITY OFFICER 218327 0 0 0 0 0 10977 0 25121 0 254425 0 0 0 DANIEL BELL DEPUTY CHIEF OF FINANCE 178607 0 39200 0 0 0 9076 0 25467 0 252350 0 0 0 YVETTE NUNEZ CHIEF OF STAFF 219687 0 0 0 0 0 11233 0 13942 0 244862 0 0 0 ASHLEY BALDWIN REGIONAL SCHOOLS OFFICER 191770 0 14000 0 0 0 9827 0 14288 0 229885 0 0 0 KIMBERLY BLAKE REGIONAL SCHOOLS OFFICER 181099 0 12500 0 0 0 9112 0 14288 0 216999 0 0 0 SERENA AMOS CHIEF PEOPLE OFFICER 163811 0 10000 0 0 0 8843 0 19422 0 202076 0 0 0 PART I, LINE 7 END OF YEAR COMPENSATION DECISIONS ARE MADE BASED ON MASTERY'S PERFORMANCE EVALUATION FRAMEWORK FOR SCHOOL LEADERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES. X 1 546133 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND COVERED PERSONS MUST ADHERE TO THE CONFLICT OF INTEREST POLICY. EMPLOYEES UNSURE AS TO WHETHER A CERTAIN TRANSACTION, ACTIVITY, OR RELATIONSHIP CONSTITUTES A CONFLICT OF INTEREST SHOULD DISCUSS IT WITH THEIR IMMEDIATE SUPERVISOR OR HUMAN RESOURCES FOR CLARIFICATION. ANY EXCEPTIONS TO THE POLICY MUST BE APPROVED IN WRITING BY THE CEO. FAILURE TO ADHERE TO THIS POLICY, INCLUDING FAILURE TO DISCLOSE ANY CONFLICTS OR TO SEEK AN EXCEPTION, MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION. COVERED PERSONS INCLUDE BOARD MEMBERS AND ADMINISTRATORS (DEFINED AS THOSE WHO (A) TAKE OR RECOMMEND OFFICIAL ACTION WHICH IS "NON-MINISTERIAL", THAT IS, THE ACTION IS DISCRETIONARY OR (B) WHO EXERCISE MANAGEMENT OR OPERATIONAL OVERSIGHT). ALL COVERED PERSONS SHALL FILE ANNUALLY A STATEMENT OF FINANCIAL INTEREST WITH THE SCHOOL AT WHICH THEY ARE EMPLOYED OR ON WHICH BOARD THEY SERVE. ANY COVERED PERSON WHO BELIEVES HIMSELF TO HAVE A CONFLICT SHOULD SEEK ADVICE OF COUNSEL AND, IF SO ADVISED, SHOULD RECUSE HIMSELF FROM PARTICIPATION IN THE ACTION CREATING THE POTENTIAL CONFLICT. IF THE COVERED PERSON IS A MEMBER OF THE BOARD AND, IF ADVISED BY COUNSEL, HE SHOULD ALSO DISCLOSE THE POTENTIAL CONFLICT AT THE MEETING OF THE BOARD. SUBJECT TO THE PROVISIONS OF THE PENNSYLVANIA PUBLIC OFFICIAL AND EMPLOYEE ETHICS ACT, CONTRACTS BETWEEN A MASTERY SCHOOL AND A BUSINESS IN WHICH THE COVERED PERSON OR HIS SPOUSE OR CHILD IS ASSOCIATED ARE PROHIBITED. FORM 990, PART VI, SECTION B, LINE 15 SCHOOL LEADERSHIP SALARY SCALES AND OTHER INCENTIVE PROGRAMS ARE APPROVED BY THE BOARD OF TRUSTEES EVERY THREE YEARS. THE PROPOSED SCALES AND INCENTIVES ARE DETERMINED BASED ON A COMBINATION OF MARKET DATA, SCHOOL BUDGETS AND OTHER CONSIDERATIONS. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS SET BY THE BOARD OF TRUSTEES AFTER COMPLETION OF AN EVALUATION OF PROGRESS TOWARDS ANNUAL PERFORMANCE GOALS. LASTLY, ANNUAL SALARY CHANGES ARE TIMELY DOCUMENTED THROUGH SALARY CONFIRMATION EMAILS AND NEW HIRE COMPENSATION IS TIMELY DOCUMENTED THROUGH OFFER LETTERS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 MASTERY CHARTER HIGH SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8: THE IMPLEMENTATION OF GASB 101 RESULTED IN A SIGNIFICANT CHANGE IN THE MEASUREMENT OF THE SCHOOL'S COMPENSATED ABSENCES LIABILITY, DUE TO A BROADER RECOGNITION THRESHOLD AND CHANGES IN HOW LEAVE BENEFITS ARE ACCRUED. AS A RESULT, BEGINNING NET POSITION WAS REDUCED BY $1,528,656 TO REFLECT THE CUMULATIVE EFFECT OF APPLYING THE NEW ACCOUNTING STANDARD.