MAST COMMUNITY CHARTER SCHOOL III Charity Report

Public IRS 990 nonprofit record

MAST COMMUNITY CHARTER SCHOOL III

EIN 83-1383617 · Charter Schools (B29)

What they do

THE OBJECTIVES and PURPOSES of THE CHARTER SCHOOL ARE: (1) to FOSTER QUALITY PUBLIC EDUCATION and to ADVANCE THE INTERESTS of PUBLIC SCHOOL STUDENTS THROUGH THE PROMOTION and ADVOCACY of CHARTER SCHOOLS; (2) to SIMULATE 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; (5) to HOLD TEACHERS, PARENTS, and SCHOOL ADMINISTRATORS ACCOUNTABLE for THE STUDENT EDUCATIONAL PROCESS.; RELIEVE THE OVERCROWDING IN SCHOOLS IN THE CITY; and ACCOMMODATE THE LARGE DEMAND for ADMISSION to MAST- BYBERRY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.08%of revenue went to mission work83.5% of expenses · Program services

$86.34spent for every $100 of revenueRevenue covered expenses this year.

14.26%of revenue went to management and office costs16.5% of expenses

$2.61in assets for every $1 spent this yearSome assets cannot be spent right away.

10.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $175,541 for PHILLIP SERPIELLO (BUILDING LEADER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$30,595,992

Mission workProgram services$22,053,19972.08% of revenue83.5% of expenses

ManagementOffice and general costs$4,362,68014.26% of revenue16.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$4,180,11313.66% of revenueShown in gray on the chart

Total expenses$26,415,87986.34% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 86.34% of revenue

2023Expense mix: 84.9% mission · 15.1% management · 0.0% fundraisingTotal expenses: 74.74% of revenue

2022Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 82.48% of revenue

2021Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 76.30% of revenue

2020Expense mix: 80.6% mission · 19.4% management · 0.0% fundraisingTotal expenses: 70.49% of revenue

2019Expense mix: 80.5% mission · 19.5% management · 0.0% fundraisingTotal expenses: 79.51% of revenue

Money in and money out

Revenue$30,595,992

Expenses$26,415,879

Annual surplus $4,180,113 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$22,053,199 · 83.5% of expenses

Management and office costs$4,362,680 · 16.5% of expenses

See all reported dollar amounts

Revenue$30,595,992

Expenses$26,415,879

Assets$68,901,497

Income$30,595,992

Contributions$3,264,274

Mission work (program services)$22,053,199

Management and general$4,362,680

Accounting fees$37,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PHILLIP SERPIELLOBUILDING LEADER · 40 hrs/week $175,541Base $141,256 · Other $34,285

TARRA SOUTHREYACADEMIC LEADER K-5 · 40 hrs/week $148,223Base $115,239 · Other $32,984

LORI ANNE DEGNANPRINCIPAL · 40 hrs/week $146,716Base $113,804 · Other $32,912

RYAN STEINBOCKBUILDING LEADER · 40 hrs/week $143,375Base $110,622 · Other $32,753

DESIREE LYBRANDSPECIAL ED COORDINATOR · 40 hrs/week $132,278Base $100,053 · Other $32,225

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

PHILLIP SERPIELLOBUILDING LEADER

TARRA SOUTHREYACADEMIC LEADER K-5

LORI ANNE DEGNANPRINCIPAL

RYAN STEINBOCKBUILDING LEADER

DESIREE LYBRANDSPECIAL ED COORDINATOR

ANDREA DEVINEBOARD MEMBER

JAN BROPHYBOARD PRESIDENT

JENNIFER BULLICKBOARD MEMBER

JESSA CINTRONBOARD MEMBER

JULIA THOMASBOARD MEMBER

LINDA GOTLIEBBOARD VICE PRESIDENT

MIKE MCGRENEHANBOARD SECRETARY/TREASURER

TOM SCOPINICHBOARD MEMBER

About this charity

Recognized since: January 2019
Location: 1800 BYBERRY ROAD, PHILADELPHIA, PA 19116
County: Philadelphia
In care of: JAN BROPHY
Primary officer: JAN BROPHY, BOARD PRESIDENT

How to reach them

WebsiteVisit the charity’s website EmailInfo@mast3.org Phone(856) 505-1300

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CANTOR NOVAK BEAVER & PIKE PC
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools