2024-05-14T07:58:07-05:00 2023-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2022-07-01 814974458 MASTERY TRANSCRIPT CONSORTIUM MAST 6143042687 PO BOX 485 WINCHESTER MA 01890 MICHAEL K FLANAGAN JR CHIEF EXECUTIVE OFFICER 3124153830 2024-05-08 1 MICHAEL FLANAGAN JR 999009999 0 CHRISTOPHER B ANDERSON P00226559 2163630100 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL K FLANAGAN JR PO BOX 485 WINCHESTER MA 01890 2248527 0 X MASTERY.ORG X 2017 OH MTC WAS FOUNDED TO ACCELERATE AND SUPPORT SECONDARY SCHOOLS' ABILITY TO PRACTICE MASTERY LEARNING AT SCALE. A GLOBAL CONSORTIUM OF INNOVATIVE PUBLIC AND PRIVATE SCHOOLS IMPLEMENTING NEW LEARNING MODELS, MTC CO-CREATES INTERACTIVE, DIGITAL TOOLS THAT BOTH EMPOWER LEARNERS TO SHOWCASE THE COMPETENCIES THEY MASTER AND ENABLE SCHOOLS TO CREDENTIAL COMPETENCY-BASED EDUCATION. 14 14 12 0 0 0 2354667 2165564 37424 82795 155 168 0 0 2392246 2248527 0 94761 0 0 1482523 1424414 0 0 84121 1032711 1119525 2515234 2638700 -122988 -390173 1282555 997934 756318 987870 526237 10064 X MTC WAS FOUNDED TO ACCELERATE AND SUPPORT SECONDARY SCHOOLS' ABILITY TO PRACTICE MASTERY LEARNING AT SCALE. A GLOBAL CONSORTIUM OF INNOVATIVE PUBLIC AND PRIVATE SCHOOLS IMPLEMENTING NEW LEARNING MODELS, MTC CO-CREATES INTERACTIVE, DIGITAL TOOLS THAT BOTH EMPOWER LEARNERS TO SHOWCASE THE COMPETENCIES THEY MASTER AND ENABLE SCHOOLS TO CREDENTIAL COMPETENCY-BASED EDUCATION. 0 0 2292239 94761 82795 SUPPORTING AND ENGAGING MEMBERSHIP OF THE ORGANIZATION 2292239 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 OH MA X X MICHAEL K FLANAGAN JR 6173042687 PO BOX 485 WINCHESTER MA 01890 CHRIS MAXEY BOARD MEMBER 1.00 X 0 0 0 DOMINIC RANDOLPH BOARD MEMBER 1.00 X 0 0 0 DORIS KORDA BOARD MEMBER 1.00 X 0 0 0 EMILY MCCARREN BOARD MEMBER 1.00 X 0 0 0 KEDRA ISHOP BOARD MEMBER 1.00 X 0 0 0 MONIQUE DEVANE BOARD MEMBER 1.00 X 0 0 0 SCOTT LOONEY CHAIR 1.00 X X 0 0 0 SUJATA BHATT BOARD MEMBER 1.00 X 0 0 0 ERIC GORDON BOARD MEMBER 1.00 X 0 0 0 TIM BAZEMORE SECRETARY 1.00 X X 0 0 0 TOM VANDER ARK BOARD MEMBER 1.00 X 0 0 0 TONY WAGNER BOARD MEMBER 1.00 X 0 0 0 RYAN CRAIG BOARD MEMBER 1.00 X 0 0 0 VALERIE GREENHILL TREASURER 1.00 X X 0 0 0 DANDRE WEAVER BOARD MEMBER 1.00 X 0 0 0 SHANTEL GOODMAN-LUCKETT BOARD MEMBER 1.00 X 0 0 0 MICHAEL FLANAGAN CHIEF EXECUTIVE OFFICER 40.00 X 248350 0 10800 PATRICIA RUSSELL CHIEF LEARNING OFFICER 40.00 X 154042 0 7154 SUSAN BELL SENIOR DIRECTOR OF MEMBER 40.00 X 155164 0 7460 LISA HICKS CHIEF OPERATING OFFICER 40.00 X 148016 0 20606 705572 0 46020 4 0 1 0 0 1141551 1024013 2165564 CONSULTING REVENUE 541610 82795 82795 82795 168 168 2248527 82795 0 168 X 94761 94761 270000 237824 18160 14016 1154414 1016840 77645 59929 2919 2919 60968 60968 530821 470046 55775 5000 35909 18799 17110 113218 106198 1844 5176 48962 45431 3531 8781 8781 297414 297414 5662 5662 OTHER EXPENSES 14371 4426 9945 BAD DEBT 500 500 2638700 2292239 262340 84121 662498 663656 150600 0 29917 23127 439540 311151 1282555 997934 160693 161047 261625 529358 334000 297465 756318 987870 X 29980 -758568 496257 768632 526237 10064 1282555 997934 X -390173 -126000 0 X 0 1 X 1 0 X 2625953 3543645 2060440 2354667 2165564 12750269 37150 82795 119945 2625953 3543645 2060440 2391817 2248359 12870214 0 0 0 12870214 143 155 168 466 143 155 168 466 5278 274 5552 2625953 3543645 2065861 2392246 2248527 12876232 0.99950 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 HAWKEN LOAN 297465 297465 2248527 0 2248527 0 2248527 2638700 0 2638700 0 2638700 0 AMERICAN ACADEMY OF INNOVATION 5410 S JORDAN PKWY SOUTH JORDAN UT 84009 474143305 501(C)3 15000 0 BOOK STAFF STIPENDS FOR TIME DAVIS CONNECT 2195 UNIVERSITY PARK BLVD LAYTON UT 84041 853625528 15000 0 BOOK STAFF STIPENDS FOR TIME GRANITE SCHOOL DISTRICT 2500 S STATE ST SALT LAKE CITY UT 84115 7500 0 BOOK STAFF STIPENDS FOR TIME IRON COUNTY SCHOOL DISTRICT 2077 W ROYAL HUNTE DR CEDAR CITY UT 84720 30000 0 BOOK STAFF STIPENDS FOR TIME UTAH SCHOOLS FOR THE DEAF AND BLIND 742 S HARRISON BLVD OGDEN UT 84404 15000 0 BOOK STAFF STIPENDS FOR TIME JAMESTOWN PUBLIC SCHOOL DISTRICT 207 2ND AVENUE SOUTHEAST JAMESTOWN ND 58401 5945 0 BOOK STAFF STIPENDS & TRAVEL STIPENDS NORTHERN CASS HIGH SCHOOL 16021 18TH ST SE HUNTER ND 58048 6316 0 BOOK STAFF STIPENDS & TRAVEL STIPENDS X X 0 0 0 0 0 0 0 0 0 MICHAEL FLANAGAN CHIEF EXECUTIVE OFFICER 248350 0 0 0 0 0 0 0 10800 0 259150 0 0 0 LISA HICKS CHIEF OPERATING OFFICER 148016 0 0 0 0 0 0 0 20606 0 168622 0 0 0 SUSAN BELL SENIOR DIRECTOR OF MEMBER 155164 0 0 0 0 0 0 0 7460 0 162624 0 0 0 PATRICIA RUSSELL CHIEF LEARNING OFFICER 154042 0 0 0 0 0 0 0 7154 0 161196 0 0 0 PART I, LINE 3 CHAIR OF BOARD AND EXECUTIVE COMMITTEE REVIEWED CEO COMPENSATION FORM 990, PART VI, SECTION A, LINE 2 HAWKEN SCHOOL'S "HEAD OF SCHOOL", D. SCOTT LOONEY, IS THE FOUNDER OF MASTERY TRANSCRIPT CONSORTIUM. FORM 990, PART VI, SECTION A, LINE 2 SCOTT LOONEY AND DORIS KORDA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERS; FOUNDING MEMBERS, CONTRIBUTING MEMBERS, AND ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND RELATED SCHEDULES WERE PROVIDED TO THE BOARD OF DIRECTORS VIA EMAIL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE THE ORGANIZATION'S CONFLICT OF INTERST FORM. COMPLETED FORMS ARE REVIEWED BY THE BOARD OF DIRECTORS, SHOULD A CONFLICT ARISE. IF A DIRECTOR IS INVOLVED IN POTENTIAL CONFLICT , THAT DIRECTOR WILL NOT BE INCLUDED IN THE BOARD REVIEW OR DELIBERATIONS ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL: THE BOARD USED THIRD PARTY COMPARABLE DATA FOR COMPENSATION ANALYSIS PRIOR TO SETTING THE CEO'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTATION, CONFLICTS OF INTEREST POLICY, AND SUMMARY OF FINANCIAL STATEMENTS AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 470,046. MANAGEMENT AND GENERAL EXPENSES 55,775. FUNDRAISING EXPENSES 5,000. TOTAL EXPENSES 530,821. FORM 990 PART XI LINE 8 PRIOR PERIOD ADJUSTMENT: FOR THE YEAR ENDED JUNE 30, 2022, ACCOUNTS RECEIVABLE AND OTHER INCOME WERE REDUCED IN THE AMOUNT OF $126,000, DUE TO ADDITIONAL INFORMATION RECEIVED. THIS REDUCED NET ASSETS WITHOUT DONOR RESTRICTION BY $126,000 AT JUNE 30, 2022.