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Mastery Charter School - Smedley Elementary

Philadelphia, PA · EIN 27-2575502 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Mastery Charter School - Smedley Elementary reported $16.7 million in revenue and $16.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.62 went to program services, $14.38 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.6% of the total. Government grants made up 7.8%. The highest compensation it reported for one person was $259,325 (PRINCIPAL). 6 people received more than $100,000 in reportable compensation. Revenue rose 26% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$259,325$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.58%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.413.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 100.0% of program spending · revenue $15M

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 School - smedley elementary serves students in grades k-6

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRINCIPAL
Officer, 40.00 hrs/week
$188,306$0$71,019$259,325
ASST PRINCIPAL/DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$133,328$0$72,329$205,657
ASST PRINCIPAL OF INSTRUCTION
Highest compensated employee, 40.00 hrs/week
$136,905$0$53,952$190,857
ASST PRINCIPAL OF INSTRUCTION
Highest compensated employee, 40.00 hrs/week
$118,646$0$67,150$185,796
SPECIALIZED SERVICES TEACHER
Highest compensated employee, 40.00 hrs/week
$115,999$0$40,452$156,451
ASST PRINCIPAL OF SPECIALIZED SERVICES
Highest compensated employee, 40.00 hrs/week
$116,650$0$8,552$125,202

6 people received more than $100,000 in reportable compensation from Mastery Charter School - Smedley Elementary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $264K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$17M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$16M85.6%$4.6M$259,325
FY2024 ⓘ$19M$15M85.0%$4.4M$221,880
FY2023 ⓘ$16M$14M86.2%$967K$256,731
FY2022 ⓘ$16M$14M86.1%−$1.3M$230,430
FY2021 ⓘ$14M$12M84.5%−$3.8M$223,345
FY2020 ⓘ$13M$12M86.2%−$6.0M$204,106

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 596
  • Volunteers Part I, line 67

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MASTERY CHARTER HIGH SCHOOL
Management and technology services
$1,707,858
SKANSKA USA BUILDING INC
Construction
$1,579,867
CORA SERVICES INC
Educational services
$565,182
KOKUA EDUCATION
Educational services
$238,975
DAVE'S CLEANING SERVICE INC
Cleaning services
$203,149

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Mastery Charter School - Smedley Elementary's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mastery Charter School - Smedley Elementary, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of Mastery Charter School - Smedley Elementary's spending goes to programs?

In the fiscal year ending June 30, 2025, Mastery Charter School - Smedley Elementary reported that 85.6% of its $16.4 million in expenses went to program services, 14.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Mastery Charter School - Smedley Elementary pay its top executive?

The largest total compensation Mastery Charter School - Smedley Elementary reported for one person in the fiscal year ending June 30, 2025 was $259,325, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mastery Charter School - Smedley Elementary get its money?

Of $16.7 million in revenue in the fiscal year ending June 30, 2025, 8.0% came from contributions and grants (including 7.8% from government grants) and 89.6% from program service revenue (Form 990, Part VIII).

Is Mastery Charter School - Smedley Elementary a registered charity?

The IRS lists EIN 27-2575502 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621149349301337 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501089349301215 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440809349301809 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330909349301603 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220959349301302 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100969349302205 · read the filing

All filings for EIN 27-2575502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.