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Nonprofit · EIN 27-1156485

TMSA INCORPORATED

Tax-exempt · COLLEGE PARK, GA 30337

Financials

$10.9M$13M2023$12.2M$11.9M2024
Revenue Expenses · by fiscal year end
Financials of TMSA INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,241,096$11,914,744$326,352$10,368,408$11,271,037-$902,629
June 30, 2024990$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.

NameTitleHours / weekCompensation
CHANEL RECASNERPRESIDENT
Trustee or director, Officer
7$0
LISA BENTLEY-WHIELDONDIRECTOR AT LARGE
Trustee or director
3$0
MICHAEL GLANTONDIRECTOR AT LARGE
Trustee or director
3$0
DAMION DUNNDIRECTOR AT LARGE
Trustee or director
3$0
KENYA MORRISDIRECTOR AT LARGE
Trustee or director
3$0
TANGI BUSH ESQDIRECTOR AT LARGE
Trustee or director
3$0
TANGIE WARRIORDIRECTOR AT LARGE
Trustee or director
3$0
KANETHA STEPHENSSECRETARY
Trustee or director, Officer
7$0
NKIRUKA ONYIADIRECTOR AT LARGE
Trustee or director
3$0
SHAMEKA SMITHVICE CHAIR & TREASURER
Trustee or director, Officer
7$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensation
CHANEL RECASNERPRESIDENT
Trustee or director, Officer
7$0
LISA BENTLEY-WHIELDONDIRECTOR AT LARGE
Trustee or director
3$0
MICHAEL GLANTONDIRECTOR AT LARGE
Trustee or director
3$0
DAMION DUNNDIRECTOR AT LARGE
Trustee or director
3$0
KENYA MORRISDIRECTOR AT LARGE
Trustee or director
3$0
TANGI BUSH ESQDIRECTOR AT LARGE
Trustee or director
3$0
TANGIE WARRIORDIRECTOR AT LARGE
Trustee or director
3$0
KANETHA STEPHENSSECRETARY
Trustee or director, Officer
7$0
NKIRUKA ONYIADIRECTOR AT LARGE
Trustee or director
3$0
SHAMEKA SMITHVICE CHAIR & TREASURER
Trustee or director, Officer
7$0
CHADDRICK OWES ED DEX OFFICIO BOARD MEMBER
Officer
5$0
KC REVEREEX OFFICIO BOARD MEMBER
Officer
5$0
SATONJA SCOTT ESQEX 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
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.

990 for the year ended June 30, 2025

Program accomplishments

  • OTHER SCHOOL RELATED EXPENSES
    Expenses $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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,241,096$11,914,744$10,368,408XML
990June 2024$10,899,710$12,999,649$10,854,575IRS
990June 2023$11,911,322$12,187,975$13,734,488IRS
990June 2022$9,541,424$9,333,724$10,198,848IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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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