Mastery Charter School - Smedley Elementary is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2011, with $18,502,447 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$18.5M
▲ 12.9% vs prior year
Education median: $200K
Expenses (FY2023)
$15.1M
Net assets
$4.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mastery Charter School - Smedley Elementary— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mastery Charter School - Smedley Elementary: 3 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mastery Charter School - Smedley Elementary— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mastery Charter School - Smedley Elementary: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $9.6M (FY2013) to $18.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.7M
Total liabilities
$10.3M
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $18,502,447▲12.9% | $15,085,557▲7.1% | $4,379,356▲353% | $14,652,903▲31.9% | 990 |
| 2022 | $16,392,264▲0.7% | $14,088,396▲1.8% | $967,391▲172% | $11,113,124▲16.1% | 990 |
| 2021 | $16,285,850▲17.5% | $13,844,878▲19.5% | -$1,336,477▲64.6% | $9,574,548▲22.8% | 990 |
| 2020 | $13,860,660▲4.3% | $11,589,938▼4.0% | -$3,777,449▲37.5% | $7,798,358▲24.3% | 990 |
| 2019 | $13,287,202▲5.9% | $12,075,859▲4.7% | -$6,048,171▲16.7% | $6,271,624▲6.5% | 990 |
| 2018 | $12,548,094▲11.7% | $11,538,763▲17.5% | -$7,259,514▲12.2% | $5,887,241▲1.0% | 990 |
| 2017 | $11,231,278▲9.4% | $9,820,259▼1.6% | -$8,268,845▲10.2% | $5,829,525▼3.0% | 990 |
| 2016 | $10,268,436▲7.9% | $9,982,660▲0.1% | -$9,204,864▲3.0% | $6,007,827▲32.7% | 990 |
| 2015 | $9,513,760▲6.2% | $9,975,401▲1.4% | -$9,490,640▼5.1% | $4,527,922▼5.8% | 990 |
| 2014 | $8,957,406▼7.0% | $9,841,164▲5.0% | -$9,028,997▼348% | $4,804,918▼2.2% | 990 |
| 2013 | $9,626,897 | $9,373,574▲3.0% | $3,633,762▲7.5% | $4,913,669▲0.8% | 990 |
| 2012 | — | $9,102,686▲19.3% | $3,380,441▲12.1% | $4,876,597▼10.2% | 990 |
| 2011 | — | $7,627,631▲23.4% | $3,014,714▲116% | $5,430,726▲35.1% | 990 |
| 2010 | — | $6,180,518 | $1,398,549 | $4,019,736 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Mastery Charter School - Smedley Elementary totaling $238K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mastery Charter High School | Program expenses | 2022 | $9,431 |
| Mastery Charter High School | Program expenses | 2020 | $15,726 |
| Mastery Charter High School | Program expenses | 2019 | $74,418 |
| Mastery Charter High School | Program expenses | 2018 | $93,484 |
| Mastery Charter High School | Program expenses | 2017 | $8,319 |
| Mastery Charter High School | Tif expenses | 2016 | $2,625 |
| Mastery Charter High School | Tif and other grant expenses | 2015 | $4,762 |
| Mastery Charter High School | Tif and other grant expenses | 2014 | $29,688 |
Explore more
Data for Mastery Charter School - Smedley Elementary (EIN 27-2575502) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.