Nonprofit · EIN 27-1156485
TMSA INCORPORATED
Tax-exempt · COLLEGE PARK, GA 30337
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,241,096 | $11,914,744 | $326,352 | $10,368,408 | $11,271,037 | -$902,629 |
| June 30, 2024 | 990 | $10,899,710 | $12,999,649 | -$2,099,939 | $10,854,575 | $12,083,556 | -$1,228,981 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,897,175
- of which government grants
- $11,857,211
- Program service revenue
- $307,743
- Investment income
- $0
- Other revenue
- $36,178
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $527,930
- Program services (functional)
- $8,219,156
- Management and general (functional)
- $3,695,588
Balance sheet and other
- Total assets, start of year
- $10,854,575
- Total assets, end of year
- $10,368,408
- Total liabilities, end of year
- $11,271,037
- Net assets, end of year
- -$902,629
- Land, buildings and equipment
- $4,021,195
- Gross receipts
- $12,241,096
- Employees
- 135
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANEL RECASNER | PRESIDENT Trustee or director, Officer | 7 | $0 |
| LISA BENTLEY-WHIELDON | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| MICHAEL GLANTON | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| DAMION DUNN | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| KENYA MORRIS | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| TANGI BUSH ESQ | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| TANGIE WARRIOR | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| KANETHA STEPHENS | SECRETARY Trustee or director, Officer | 7 | $0 |
| NKIRUKA ONYIA | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| SHAMEKA SMITH | VICE CHAIR & TREASURER Trustee or director, Officer | 7 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANEL RECASNER | PRESIDENT Trustee or director, Officer | 7 | $0 |
| LISA BENTLEY-WHIELDON | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| MICHAEL GLANTON | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| DAMION DUNN | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| KENYA MORRIS | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| TANGI BUSH ESQ | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| TANGIE WARRIOR | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| KANETHA STEPHENS | SECRETARY Trustee or director, Officer | 7 | $0 |
| NKIRUKA ONYIA | DIRECTOR AT LARGE Trustee or director | 3 | $0 |
| SHAMEKA SMITH | VICE CHAIR & TREASURER Trustee or director, Officer | 7 | $0 |
| CHADDRICK OWES ED D | EX OFFICIO BOARD MEMBER Officer | 5 | $0 |
| KC REVERE | EX OFFICIO BOARD MEMBER Officer | 5 | $0 |
| SATONJA SCOTT ESQ | EX OFFICIO BOARD MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2861 LAKESHORE DR, COLLEGE PARK, GA 30337-4419
- In care of
- % DAVID A SHAGINAW
- Principal officer (990 for 2024)
- KANETHA STEPHENS, 2861 LAKESHORE DRIVE, COLLEGE PARK, GA 30337
- Signed the 990
- KANETHA STEPHENS, SECRETARY
- Phone
- (404) 768-0081
- Website
- WWW.TMSA.ORG
- Return prepared by
- MARSHALL JONES
Mission
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.
Program accomplishments
- OTHER SCHOOL RELATED EXPENSESExpenses $7,691,929 · revenue $36,178
- NATIONAL FOOD PROGRAM FUNDS ARE PROVIDED TO SUPPORT OUR MEAL PROGRAMS FOR FREE AND REDUCED STUDENTS.Expenses $407,939 · revenue $52,058
- AFTERCARE PROGRAM PROVIDES BEFORE AND AFTERCARE FOR STUDENTS AFTER SCHOOL HOURS.Expenses $119,288 · revenue $255,685
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1156485
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $10,368,408
- Income (IRS master file)
- $12,241,096
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,241,096 | $11,914,744 | $10,368,408 | XML |
| 990 | June 2024 | $10,899,710 | $12,999,649 | $10,854,575 | IRS |
| 990 | June 2023 | $11,911,322 | $12,187,975 | $13,734,488 | IRS |
| 990 | June 2022 | $9,541,424 | $9,333,724 | $10,198,848 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about TMSA INCORPORATED
- What is the EIN of TMSA INCORPORATED?
- The employer identification number (EIN) of TMSA INCORPORATED is 27-1156485.
- Is TMSA INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to TMSA INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TMSA INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TMSA INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TMSA INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TMSA INCORPORATED?
- The 990 for the year ended June 30, 2025 names KANETHA STEPHENS.
- Who are the officers and directors of TMSA INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does TMSA INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,241,096, expenses of $11,914,744 and total assets of $10,368,408 at year end.
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