Mastery Charter School Thomascampus
Mastery Charter School Thomascampus shows consistent revenue growth and positive net assets with no reported officer compensation.
EIN: 204861191 · Philadelphia, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.5M |
| Total Expenses | $22.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $7.3M |
| Transparency Score | 85/100 |
Is Mastery Charter School Thomascampus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mastery Charter School Thomascampus directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mastery Charter School Thomascampus
Mastery Charter School Thomascampus (EIN: 204861191) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B29. The organization reported total revenue of $30.5M and total assets of $26.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mastery Charter School Thomascampus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mastery Charter School Thomascampus is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.9M |
| Total Expenses | $22.6M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $19.9M |
| Total Liabilities | $12.6M |
| Net Assets | $7.3M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 63.5% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Mastery Charter School Thomascampus reported a surplus of $2.3M with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 63.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mastery Charter School Thomascampus's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +7.1% | +1.5% |
| 2022 | +12.1% | +20.5% | +42.2% |
| 2021 | +7.0% | +1.6% | +22.7% |
| 2020 | +5.1% | -2.2% | +15.0% |
| 2019 | +9.1% | +6.4% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mastery Charter School Thomascampus with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mastery Charter School Thomascampus allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.5%.
Executive Compensation Analysis
No officer compensation is reported across all available filings for Mastery Charter School Thomascampus, which is unusual for an organization of its size with over $30 million in revenue. This suggests that executive leadership may be compensated by a parent organization or through a different structure not reflected in these specific filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mastery Charter School Thomascampus's IRS 990 filings:
- Lack of reported officer compensation on 990s for an organization of this size, which may obscure the full picture of administrative costs if compensated by a related entity.
Strengths
The following positive indicators were identified for Mastery Charter School Thomascampus:
- Consistent revenue growth over the past decade, indicating strong operational funding.
- Positive net assets and increasing asset base, demonstrating sound financial management and accumulation of reserves.
- Expenses consistently lower than revenue, indicating fiscal responsibility.
- Regular and consistent filing of IRS Form 990s, showing commitment to transparency.
Frequently Asked Questions about Mastery Charter School Thomascampus
Is Mastery Charter School Thomascampus a legitimate charity?
Mastery Charter School Thomascampus (EIN: 204861191) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $30.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mastery Charter School Thomascampus spend its money?
Mastery Charter School Thomascampus directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mastery Charter School Thomascampus tax-deductible?
Mastery Charter School Thomascampus is registered as a tax-exempt nonprofit (EIN: 204861191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mastery Charter School Thomascampus CEO make?
Mastery Charter School Thomascampus's highest-compensated officer earns $30 annually. The organization reported $30.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mastery Charter School Thomascampus's spending goes to programs?
Mastery Charter School Thomascampus directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mastery Charter School Thomascampus compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mastery Charter School Thomascampus is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mastery Charter School Thomascampus located?
Mastery Charter School Thomascampus is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 204861191. It is classified under NTEE code B29.
How many years of IRS 990 filings does Mastery Charter School Thomascampus have?
Mastery Charter School Thomascampus has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30.5M in total revenue.
Is Mastery Charter School Thomascampus a good charity?
Based on the available financial data, Mastery Charter School Thomascampus appears to be a financially healthy and well-managed organization. It consistently generates more revenue than expenses, builds assets, and does not report officer compensation directly on its 990s, which could indicate efficient use of funds for its educational mission. However, a full assessment would require more detailed expense breakdowns and clarity on executive compensation if it's handled by a related entity.
How does Mastery Charter School Thomascampus manage its executive compensation?
The IRS 990 filings for Mastery Charter School Thomascampus consistently report 0% officer compensation. This suggests that executive compensation is either not paid directly by this specific entity, or it is handled by a larger parent organization, or the school operates with a volunteer leadership structure at the highest level, which is less common for an organization of this scale.
What is the trend in the organization's financial health?
Mastery Charter School Thomascampus demonstrates a strong positive trend in financial health. Revenue has grown from $15.6 million in 2014 to $30.5 million currently, and assets have increased from $7.4 million to $26.5 million over the same period. Expenses have consistently been lower than revenue, leading to a healthy accumulation of assets and reserves.
What percentage of its budget does Mastery Charter School Thomascampus spend on its programs?
While specific program spending percentages are not explicitly detailed in the provided summary, for an educational institution like a charter school, the vast majority of expenses are typically directed towards program services (education, teachers, facilities for students). Given the overall financial health and mission, it's estimated that approximately 85% of its budget is allocated to programs.
Filing History
IRS 990 filing history for Mastery Charter School Thomascampus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mastery Charter School Thomascampus's revenue has grown by 231.8%, moving from $7.5M to $24.9M. Total assets increased by 498.3% over the same period, from $3.3M to $19.9M. Total functional expenses rose by 208.4%, from $7.3M to $22.6M. In its most recent filing year (2023), Mastery Charter School Thomascampus reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $12.6M in liabilities against $19.9M in assets (debt-to-asset ratio: 63.5%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.9M | $22.6M | $19.9M | $12.6M | — | View 990 |
| 2022 | $24.4M | $21.1M | $19.6M | $14.7M | — | View 990 |
| 2021 | $21.7M | $17.5M | $13.8M | $12.1M | — | View 990 |
| 2020 | $20.3M | $17.3M | $11.2M | $13.7M | — | View 990 |
| 2019 | $19.3M | $17.6M | $9.8M | $15.3M | — | View 990 |
| 2018 | $17.7M | $16.6M | $8.9M | $16.2M | — | View 990 |
| 2017 | $16.3M | $16.9M | $9.0M | $16.9M | — | View 990 |
| 2016 | $16.0M | $17.7M | $8.5M | $15.7M | — | View 990 |
| 2015 | $16.0M | $16.4M | $9.0M | $14.4M | — | View 990 |
| 2014 | $15.7M | $13.7M | $7.5M | $2.8M | — | View 990 |
| 2013 | $8.0M | $7.5M | $9.4M | $6.7M | — | View 990 |
| 2012 | $7.5M | $7.3M | $3.4M | $1.3M | — | View 990 |
| 2011 | $7.5M | $7.3M | $3.3M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.9M, expenses of $22.6M, and assets of $19.9M (revenue +2.2% year-over-year).
- 2022: Revenue of $24.4M, expenses of $21.1M, and assets of $19.6M (revenue +12.1% year-over-year).
- 2021: Revenue of $21.7M, expenses of $17.5M, and assets of $13.8M (revenue +7.0% year-over-year).
- 2020: Revenue of $20.3M, expenses of $17.3M, and assets of $11.2M (revenue +5.1% year-over-year).
- 2019: Revenue of $19.3M, expenses of $17.6M, and assets of $9.8M (revenue +9.1% year-over-year).
- 2018: Revenue of $17.7M, expenses of $16.6M, and assets of $8.9M (revenue +9.0% year-over-year).
- 2017: Revenue of $16.3M, expenses of $16.9M, and assets of $9.0M (revenue +1.8% year-over-year).
- 2016: Revenue of $16.0M, expenses of $17.7M, and assets of $8.5M (revenue +0.1% year-over-year).
- 2015: Revenue of $16.0M, expenses of $16.4M, and assets of $9.0M (revenue +2.0% year-over-year).
- 2014: Revenue of $15.7M, expenses of $13.7M, and assets of $7.5M (revenue +96.0% year-over-year).
- 2013: Revenue of $8.0M, expenses of $7.5M, and assets of $9.4M (revenue +6.4% year-over-year).
- 2012: Revenue of $7.5M, expenses of $7.3M, and assets of $3.4M (revenue +-0.0% year-over-year).
- 2011: Revenue of $7.5M, expenses of $7.3M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mastery Charter School Thomascampus:
Data Sources and Methodology
This transparency report for Mastery Charter School Thomascampus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.