2026-04-01T14:35:49-05:00 2025-06-30 832175462 MARSHALL JONES 30000 MILL CREEK AVENUE ALPHARETTA GA 30022 990 2024-07-01 271156485 TMSA INC DBA THE MAIN STREET ACADEMY TMSA 4047680081 2861 LAKESHORE DRIVE COLLEGE PARK GA 30337 KANETHA STEPHENS SECRETARY 4047680081 2026-04-01 1 1 NATHAN LUMMUS P02049603 4042312001 2026-03-30 2024 2025-03-06 01:10:19Z KANETHA STEPHENS 2861 LAKESHORE DRIVE COLLEGE PARK GA 30337 12241096 0 X WWW.TMSA.ORG X 2009 GA AT THE MAIN STREET ACADEMY, ALL STUDENTS WILL RECEIVE A CHALLENGING AND ENRICHING EDUCATION FROM A DEDICATED AND STUDENT-FOCUSED STAFF IN PARTNERSHIP WITH HIGHLY-INVOLVED PARENTS. STUDENTS WILL LEAVE THE MAIN STREET ACADEMY WITH HIGH EXPECTATIONS OF THEMSELVES AS THEY PREPARE FOR FURTHER EDUCATION AND BECOME CONTRIBUTING MEMBERS OF THEIR DIVERSE COMMUNITIES. 10 10 135 0 0 0 10442517 11897175 339256 307743 0 0 117937 36178 10899710 12241096 0 0 0 0 0 0 0 0 0 12999649 11914744 12999649 11914744 -2099939 326352 10854575 10368408 12083556 11271037 -1228981 -902629 X AT THE MAIN STREET ACADEMY, ALL STUDENTS WILL RECEIVE A CHALLENGING AND ENRICHING EDUCATION FROM A DEDICATED AND STUDENT-FOCUSED STAFF IN PARTNERSHIP WITH HIGHLY-INVOLVED PARENTS. STUDENTS WILL LEAVE THE MAIN STREET ACADEMY WITH HIGH EXPECTATIONS OF THEMSELVES AS THEY PREPARE FOR FURTHER EDUCATION AND BECOME CONTRIBUTING MEMBERS OF THEIR DIVERSE COMMUNITIES. 0 0 7691929 36178 OTHER SCHOOL RELATED EXPENSES 407939 52058 NATIONAL FOOD PROGRAM FUNDS ARE PROVIDED TO SUPPORT OUR MEAL PROGRAMS FOR FREE AND REDUCED STUDENTS. 119288 255685 AFTERCARE PROGRAM PROVIDES BEFORE AND AFTERCARE FOR STUDENTS AFTER SCHOOL HOURS. TITLE I FUNDS ARE USED TO SUPPORT THE EDUCATION OF OUR STUDENTS IN CORE SUBJECTS LIKE READING, MATH, AND SCIENCE WITH A FOCUS ON STRUGGLING LEARNERS. 8219156 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 135 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X BELAY SOLUTIONS 8555523529 2861 LAKESHORE DRIVE COLLEGE PARK GA 30337 X CHANEL RECASNER PRESIDENT 7.00 X X 0 0 0 LISA BENTLEY-WHIELDON DIRECTOR AT LARGE 3.00 X 0 0 0 MICHAEL GLANTON DIRECTOR AT LARGE 3.00 X 0 0 0 DAMION DUNN DIRECTOR AT LARGE 3.00 X 0 0 0 KENYA MORRIS DIRECTOR AT LARGE 3.00 X 0 0 0 TANGI BUSH ESQ DIRECTOR AT LARGE 3.00 X 0 0 0 TANGIE WARRIOR DIRECTOR AT LARGE 3.00 X 0 0 0 KANETHA STEPHENS SECRETARY 7.00 X X 0 0 0 NKIRUKA ONYIA DIRECTOR AT LARGE 3.00 X 0 0 0 SHAMEKA SMITH VICE CHAIR & TREASURER 7.00 X X 0 0 0 0 0 0 0 0 0 0 0 11857211 39964 11897175 BEFORE AND AFTER SCHOOL CARE 900099 255685 255685 LUNCH PROGRAM 900099 52058 52058 307743 OTHER INCOME 900099 36178 36178 36178 12241096 343921 0 0 527930 527930 INSTRUCTION 6633571 6633571 SCHOOL ADMINSTRATION 1816963 1816963 MAINTENANCE AND OPERATI 1161480 1161480 PUPIL 758559 758559 1016241 827026 189215 11914744 8219156 3695588 0 1826453 2959873 71896 89218 23220 47510 7824718 3803523 4371920 4021195 4561086 3250612 10854575 10368408 375082 359323 11708474 10911714 12083556 11271037 X -5600901 -5229831 4371920 4021195 0 306007 -1228981 -902629 10854575 10368408 326352 0 X X 0 1 X 1 0 X 298000 298000 7526718 3803523 3723195 4021195 DEFERRED OUTFLOWS RELATED TO PENSIONS 3250612 3250612 NET PENSION LIABILITY 9099986 DEFERRED INFLOWS OF RESOURCES 1811728 10911714 X 12241096 0 12241096 0 12241096 11914744 0 11914744 0 11914744 PART X, LINE 2: THE SCHOOL ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE SCHOOL OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 FULTON COUNTY GRANTS ARE PAID TO THE SCHOOL IN MONTHLY INSTALLMENTS. ADDITIONAL FEDERAL FUNDING INCLUDES TITLE I FUNDS AND NATIONAL FOOD PROGRAM FUNDS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C WE DO HAVE A CONFLICT POLICY AS IT RELATES TO HOLDING A 2ND JOB. EMPLOYEES OF TMSA ARE NOT ALLOWED TO HAVE A 2ND JOB OUTSIDE OF THE SCHOOL INCLUDING SELF EMPLOYMENT. THE SCHOOL EXPECTS HIGH STANDARDS OF QUALITY SERVICE AND DOESN'T FEEL THAT CAN HAPPEN WORKING OUTSIDE OF THE SCHOOL DURING SCHOOL BUSINESS HOURS. FORM 990, PART VI, SECTION B, LINE 15 SALARY AND WAGES ARE REVIEWED ANNUALLY AND ADJUSTMENTS, IF ANY, ARE MADE ON A MERIT BASIS, WHERE APPROPRIATE, AS WELL AS MARKET AND BUSINESS CONSIDERATIONS. SALARY ADJUSTMENTS ARE NOT AUTOMATIC. SUCH ADJUSTMENTS ARE ULTIMATELY MADE AT THE DECRETION OF THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023, FORM 990, AND RELATED DOCUEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN HOW THE BOARD ASSUMES OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS.