MASTERY PREP ELEMENTARY CHARTER SCHOOL

EIN: 824221501 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$12,161,213
Total Expenses
$10,116,286
Total Assets
$9,192,166
Net Assets
$5,128,449
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Principal Officer
DR JOEL BOYD
Phone
2158669000
Tax Period
2023-07-01 to 2024-06-30

MASTERY PREP ELEMENTARY CHARTER SCHOOL, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $12.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.0M, a strong 17% operating margin.

Mission

STUDENTS LEARN THE SKILLS NEEDED FOR POST-SECONDARY SUCCESS AND ARE ABLE TO PURSUE THEIR DREAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,002,964
Program Service Revenue $10,042,242
Investment Income $110,289
Other Revenue $5,718
TOTAL REVENUE $12,161,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,948,860
Fundraising Expenses $0
Program Expenses $8,266,604
Other Expenses $5,167,426
TOTAL EXPENSES $10,116,286

Year-over-Year Comparison

2023 2022 Change
Revenue $12,161,213 $10,742,661 +0.1%
Expenses $10,116,286 $9,961,575 +0.0%
Net Income $2,044,927 $781,086 +1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
79
Volunteers
9

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$177,168
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE HAITH PRINCIPAL 40.00
Officer
$156,068 $21,100 $177,168
IKENNA ANYANWU ASST PRINCIPAL OF SPEC SERVICES 40.00
Highest
$108,063 $12,847 $120,910
JANISE GOODE ASST PRINCIPAL/DIRECTOR OF OPS 40.00
Highest
$104,546 $19,756 $124,302
LAUREN BYRD ASST PRINCIPAL OF INSTRUCTION 40.00
Highest
$101,186 $24,282 $125,468
GERRY EMERY TREASURER 0.50
Officer Director
$0 $0 $0
ROBERT VICTOR SECRETARY, CHAIR TO DEC 2023 0.50
Officer Director
$0 $0 $0
SUZANNE BIEMILLER BOARD MEMBER 0.50
Director
$0 $0 $0
SHEREDA CROMWELL BOARD MEMBER 0.50
Director
$0 $0 $0
HOSEA HARVEY BOARD MEMBER 0.50
Director
$0 $0 $0
MARKIDA ROSS BOARD MEMBER 0.50
Director
$0 $0 $0
JUDITH TSCHIRGI BOARD MEMBER 0.50
Director
$0 $0 $0
ROY WADE BOARD MEMBER 0.50
Director
$0 $0 $0
SULAIMAN RAHMAN EX-OFFICIO CHAIR BEG JAN 2024 0.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $12,161,213 $10,116,286 $9,192,166 $2,044,927
2023 $10,742,661 $9,961,575 $7,438,648 $781,086
2022 $8,993,893 $8,622,455 $6,911,925 $371,438
2021 $7,368,165 $6,016,862 $2,755,158 $1,351,303
2020 $5,724,039 $4,687,410 $2,122,059 $1,036,629
2019 $3,747,944 $4,196,947 $1,165,173 $-449,003
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MASTERY PREP ELEMENTARY CHARTER SCHOOL with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.