Civic Intelligence

Team Academy Charter School Inc.

990 • Fiscal year 2017 • EIN 01-0660264

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

Organization ProfileWWW.TEAMACADEMY.ORG

View Organization Page

60 PARK PLACE Room 802Newark, NJ 07102

(973) 705-3209

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.40x

Higher debt load relative to assets than 69% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

0.08x

Higher debt load relative to revenue than 7% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Net Margin

34th percentile

-1.3%

Higher net margin than 34% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

21st percentile

$196,206

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

63rd percentile

7.6%

Faster asset growth than 63% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$14,425,080

Up $1,018,830 (+7.6%) from 2016

Net Assets

Down

$8,625,952

Down $972,981 (-10%) from 2016

Liabilities

Up

$5,799,128

Up $1,991,811 (+52%) from 2016

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin34th percentile

Revenue

Up

$76,176,227

Up $8,795,488 (+13%) from 2016

Expenses

Up

$77,149,208

Up $8,960,843 (+13%) from 2016

Net Income

Down

-$972,981

Down $165,355 (-20%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $2,763,791Liabilities 2010: $1,228,893Net Assets 2010: $1,534,8982010Assets 2011: $3,666,011Liabilities 2011: $1,310,457Net Assets 2011: $2,355,5542011Assets 2012: $6,602,925Liabilities 2012: $2,354,141Net Assets 2012: $4,248,7842012Assets 2013: $12,094,350Liabilities 2013: $5,162,813Net Assets 2013: $6,931,5372013Assets 2014: $12,862,420Liabilities 2014: $3,627,286Net Assets 2014: $9,235,1342014Assets 2015: $12,679,776Liabilities 2015: $2,273,217Net Assets 2015: $10,406,5592015Assets 2016: $13,406,250Liabilities 2016: $3,807,317Net Assets 2016: $9,598,9332016Assets 2017: $14,425,080Liabilities 2017: $5,799,128Net Assets 2017: $8,625,9522017Assets 2018: $16,145,867Liabilities 2018: $6,190,267Net Assets 2018: $9,955,6002018Assets 2019: $45,736,348Liabilities 2019: $40,856,812Net Assets 2019: $4,879,5362019Assets 2020: $45,426,525Liabilities 2020: $41,217,495Net Assets 2020: $4,209,0302020Assets 2021: $62,784,056Liabilities 2021: $55,017,615Net Assets 2021: $7,766,4412021Assets 2022: $203,861,909Liabilities 2022: $187,765,720Net Assets 2022: $16,096,1892022Assets 2023: $244,834,103Liabilities 2023: $222,104,216Net Assets 2023: $22,729,8872023Assets 2024: $269,406,142Liabilities 2024: $234,262,975Net Assets 2024: $35,143,1672024

Highlighted filing

2017

Assets$14,425,080
Liabilities$5,799,128
Net Assets$8,625,952
Open 2017 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MExpenses 2010: $19,452,9292010Expenses 2011: $25,310,3542011Expenses 2012: $29,490,0052012Revenue 2013: $39,891,786Expenses 2013: $37,209,033Net Income 2013: $2,682,7532013Revenue 2014: $49,007,700Expenses 2014: $46,704,103Net Income 2014: $2,303,5972014Revenue 2015: $59,593,903Expenses 2015: $58,422,478Net Income 2015: $1,171,4252015Revenue 2016: $67,380,739Expenses 2016: $68,188,365Net Income 2016: -$807,6262016Revenue 2017: $76,176,227Expenses 2017: $77,149,208Net Income 2017: -$972,9812017Revenue 2018: $82,606,764Expenses 2018: $81,277,116Net Income 2018: $1,329,6482018Revenue 2019: $92,566,192Expenses 2019: $90,061,878Net Income 2019: $2,504,3142019Revenue 2020: $98,943,862Expenses 2020: $99,614,368Net Income 2020: -$670,5062020Revenue 2021: $112,036,254Expenses 2021: $108,478,843Net Income 2021: $3,557,4112021Revenue 2022: $143,042,988Expenses 2022: $134,713,240Net Income 2022: $8,329,7482022Revenue 2023: $156,931,250Expenses 2023: $150,297,552Net Income 2023: $6,633,6982023Revenue 2024: $177,408,917Expenses 2024: $164,995,637Net Income 2024: $12,413,2802024

Highlighted filing

2017

Revenue$76,176,227
Expenses$77,149,208
Net Income-$972,981
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$76,176,227
Mission and Program Overview

Mission

The Team Academy Charter School is a New Jersey Public School over seen by the State of New Jersey Dept of Education. The School offers an academic program to assist children in discovering their talents and provides a community resource and a means to unite parents and teachers.

TEAM Academy Charter School is a free, open enrollment, college-preparatory public school dedicated to preparing students in underserved communities for success in college and life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,981,033$8,772,722▼ $1,208,311
Accounts Receivable$3,413,185$5,053,499▲ $1,640,314
Total Assets$13,406,250$14,425,080▲ $1,018,830
Other Assets Total$12,032$598,859▲ $586,827
Liabilities
Accounts Payable and Accrued Expenses$3,800,677$5,703,454▲ $1,902,777
Deferred Revenue$6,640$95,674▲ $89,034
Total Liabilities$3,807,317$5,799,128▲ $1,991,811
Net Assets / Fund Balance
Unrestricted Net Assets$9,598,933$8,625,952▼ $972,981
Total Net Assets Fund Balance$9,598,933$8,625,952▼ $972,981
Total Liabilities and Net Assets / Fund Balance$13,406,250$14,425,080▲ $1,018,830
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lindsay SchambachSchool LeaderFT$196,206$196,206
Le Rae ReagansSchool LeaderFT$179,506$179,506
Lisa BonnifieldSchool LeaderFT$156,606$156,606
ANTONIA O'SULLIVANSchool LeaderFT$141,497$141,497
Mariel ElgueroAsst School LeaderFT$133,759$133,759
David BransonSchool LeaderFT$131,801$131,801
Kevin BrownDean of StudentsFT$129,258$129,258
Samantha CrockettSchool LeaderFT$127,280$127,280
Veronica AverySchool LeaderFT$123,834$123,834
Jenna MarcusSchool LeaderFT$122,324$122,324

Board Members and Trustees

NameTitle
Steven SmallNon Voting Trustee
Amy RosenTrustee
Brendan MaherTrustee
Daniel AdanTrustee
Linda SterlingTrustee
Lunedar GiraultTrustee
Michaela Murray NolanTrustee
Sheila BoydTrustee
Tia MorrisTrustee
Ryan HillLead Person
Revenue and Support

Revenue Composition

Contributions and Grants
$2,641,048
Program Service Revenue
$73,535,179
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,641,048
Change in Net Assets
$-972,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$76,176,227
Total Revenue per Audited Statements
$76,176,227
Total Revenue per Form 990
$76,176,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$40,706,357
Other Expenses$36,442,851
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$26,377,667$4,187,416-$30,565,083
Other Employee Benefits$8,751,919$1,389,355-$10,141,274
Occupancy$6,107,131$969,498-$7,076,629
Other Expenses$3,263,446$263,398-$3,263,446
All Other Expenses$712,070--$712,070
Insurance$245,977$39,049-$285,026
Total Functional Expenses$69,536,064$7,613,144$0$77,149,208

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$77,149,208
Total Expenses per Audited Statements$77,149,208
Total Expenses per Form 990$77,149,208
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The School reviews the form 990 with the outside auditor before filing.”

Form 990, Part VI, Section B, Line 12C

“The Board adheres to the conflict of interest policy as prescribed by the NJ Department of Education.”

Form 990, Part VI, Section B, Line 15B

“The Board reviews and approves all salaries.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policies and financial statements are available to the public by contacting the administration at the school.”

Filing and Contact Details

Filer

Filer Name
Team Academy Charter School Inc
EIN
01-0660264
Phone
9737053209
Address
60 PARK PLACE Room 802, NEWARK, NJ 07102

Signing Officer

Name
Steven Small
Title
Board Secretary
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Small
Formed
2002
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
8
Employees
635

Preparer

Firm
Scott J Loeffler CPA
Address
12 MERRY LANE, EAST HANOVER, NJ 07936
Preparer
Scott J Loeffler
Phone
9735854989
Raw XML AppendixShowing 400 of 483 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03800677
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05703454
IRS990/AccountsReceivableGrp/BOYAmt03413185
IRS990/AccountsReceivableGrp/EOYAmt05053499
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TEAM Academy Charter School is a free, open enrollment, college-preparatory public school dedicated to preparing students in underserved communities for success in college and life.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt02641048
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0712070
IRS990/AllOtherExpensesGrp/TotalAmt0712070
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STEVEN SMALL
IRS990/BooksInCareOfDetail/PhoneNum09736220905
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt060 PARK PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007102
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09981033
IRS990/CashNonInterestBearingGrp/EOYAmt08772722
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02641048
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt036442851
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt073535179
IRS990/CYRevenuesLessExpensesAmt0-972981
IRS990/CYSalariesCompEmpBnftPaidAmt040706357
IRS990/CYTotalExpensesAmt077149208
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt076176227
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt06640
IRS990/DeferredRevenueGrp/EOYAmt095674
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Team Academy Charter School is a New Jersey Public School over seen by the State of New Jersey Dept of Education. The School offers an academic program to assist children in discovering their talents and provides a community resource and a means to unite parents and teachers.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0635
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt069536064
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt19050.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd6X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd7X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd8X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd8X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd10X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL ADAN
IRS990/Form990PartVIISectionAGrp/PersonNm1SHEILA BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm2LUNEDAR GIRAULT
IRS990/Form990PartVIISectionAGrp/PersonNm3AMY ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4BRENDAN MAHER
IRS990/Form990PartVIISectionAGrp/PersonNm5LINDA STERLING
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAELA MURRAY NOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm7TIA MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVEN SMALL
IRS990/Form990PartVIISectionAGrp/PersonNm9RYAN HILL
IRS990/Form990PartVIISectionAGrp/PersonNm10LINDSAY SCHAMBACH
IRS990/Form990PartVIISectionAGrp/PersonNm11LISA BONNIFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm12LE RAE REAGANS
IRS990/Form990PartVIISectionAGrp/PersonNm13KEVIN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm14ANTONIA O'SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID BRANSON
IRS990/Form990PartVIISectionAGrp/PersonNm16SAMANTHA CROCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm17MARIEL ELGUERO
IRS990/Form990PartVIISectionAGrp/PersonNm18VERONICA AVERY
IRS990/Form990PartVIISectionAGrp/PersonNm19JENNA MARCUS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10196206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11156606
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12179506
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13129258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14141497
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15131801
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16127280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17133759
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18123834
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19122324
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8NON VOTING TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9LEAD PERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt10SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DEAN OF STUDENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt14SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SCHOOL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt19SCHOOL LEADER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt076176227
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt039049
IRS990/InsuranceGrp/ProgramServicesAmt0245977
IRS990/InsuranceGrp/TotalAmt0285026
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt0132
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Team Academy Charter School is a New Jersey Public School over seen by the State of New Jersey Dept of Education. The School offers an academic program to assist children in discovering their talents and provides a community resource and a means to unite parents and teachers.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09598933
IRS990/NetAssetsOrFundBalancesEOYAmt08625952
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0969498
IRS990/OccupancyGrp/ProgramServicesAmt06107131
IRS990/OccupancyGrp/TotalAmt07076629
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012032
IRS990/OtherAssetsTotalGrp/EOYAmt0598859
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01389355
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08751919
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010141274
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL AND TECHNICAL SERVICES
IRS990/OtherExpensesGrp/Desc1PURCH SERV, MEAL PROGRAM, PROF DEV, MISC
IRS990/OtherExpensesGrp/Desc2UTILITIES, COMMUNICATION,TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3MATERIALS,TEXTBOOKS,SUPPLIES,INST EQUIP,OBJECT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0764428
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1263398
IRS990/OtherExpensesGrp/ProgramServicesAmt017603300
IRS990/OtherExpensesGrp/ProgramServicesAmt14815341
IRS990/OtherExpensesGrp/ProgramServicesAmt21659213
IRS990/OtherExpensesGrp/ProgramServicesAmt33263446
IRS990/OtherExpensesGrp/TotalAmt017603300
IRS990/OtherExpensesGrp/TotalAmt15579769
IRS990/OtherExpensesGrp/TotalAmt21922611
IRS990/OtherExpensesGrp/TotalAmt33263446
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04187416
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026377667
IRS990/OtherSalariesAndWagesGrp/TotalAmt030565083
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEVE SMALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1FED AND STATE CHARTER SCHOOL AID
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0374154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0374154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt173161025
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04581704
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt033438101
IRS990/PYProgramServiceRevenueAmt062799035
IRS990/PYRevenuesLessExpensesAmt0-807626
IRS990/PYSalariesCompEmpBnftPaidAmt034750264
IRS990/PYTotalExpensesAmt068188365
IRS990/PYTotalRevenueAmt067380739
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-972981
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt076176227
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt077149208
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt076176227
IRS990ScheduleD/TotalExpensesPerForm990Amt077149208
IRS990ScheduleD/TotalRevenuePerForm990Amt076176227
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt076176227
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt077149208
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school operates as a NJ Public School under the NJ Dept of Education. The School also receives Federal and NCLB funding to help promote their academics.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The School reviews the form 990 with the outside auditor before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board adheres to the conflict of interest policy as prescribed by the NJ Department of Education.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board reviews and approves all salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, conflict of interest policies and financial statements are available to the public by contacting the administration at the school.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,425,080
Liabilities
$5,799,128
Net assets
$8,625,952
Revenue
$76,176,227
Expenses
$77,149,208
Net income
-$972,981
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$269$234$35.1$177$165$12.4
2023Detailed filing. Detailed filing data is available for this year.$245$222$22.7$157$150$6.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$204$188$16.1$143$135$8.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$55.0$7.77$112$108$3.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.4$41.2$4.21$98.9$99.6$0.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.7$40.9$4.88$92.6$90.1$2.50
2018Detailed filing. Detailed filing data is available for this year.$16.1$6.19$9.96$82.6$81.3$1.33
2017Detailed filing. Detailed filing data is available for this year.$14.4$5.80$8.63$76.2$77.1$0.97
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$13.4$3.81$9.60$67.4$68.2$0.81
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$2.27$10.4$59.6$58.4$1.17
2014Detailed filing. Detailed filing data is available for this year.$12.9$3.63$9.24$49.0$46.7$2.30
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$12.1$5.16$6.93$39.9$37.2$2.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$2.35$4.25$29.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$1.31$2.36$25.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$1.23$1.53$19.5
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $50M-$100M nonprofits