Civic Intelligence

Central Jersey College Prep

EIN 20-4477065 • 501(c)3 • Somerset, NJ

Profile

The mission of central jersey college preparatory charter school ("cjcp") is to provide academic and social challenges to students, while instilling in them the skills and knowledge that they will need to succeed in their future endeavors. Cjcp aims to forge a powerful partnership out of the student-teacher-parent triad. This partnership will provide and empower our youth with the support necessary to reach their highest potential - intellectually, socially, emotionally and physically - while building on their inherent promise to aid in their preparation for college and career. Cjcp's overall academic goals are to prepare its students for the challenges that they will face after high school; to provide the necessary skills and tools they will require to be successful in college and beyond; to turn them into lifelong learners and independent thinkers who appreciate and embrace diversity, teamwork and mutual respect; and to nurture in them an immense level of personal integrity. Non-acad

101 Mettlers RoadSomerset, NJ 08873

www.cjcollegeprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.55x

Higher debt load relative to assets than 55% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.47x

Higher debt load relative to revenue than 45% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$172,290

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

12th percentile

-7.3%

Faster asset growth than 12% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$23,436,285

Down $1,843,465 (-7.3%) from 2023

Liabilities

Up

$12,930,547

Up $376,522 (+3.0%) from 2023

Net Assets

Down

$10,505,738

Down $2,219,987 (-17%) from 2023

Revenue

Up

$27,572,204

Up $4,654,385 (+20%) from 2023

Expenses

Up

$29,792,191

Up $9,250,764 (+45%) from 2023

Net Income

Down

-$2,219,987

Down $4,596,379 (-193%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2015: $2,009,250Liabilities 2015: $2,055,681Net Assets 2015: -$46,4312015Assets 2016: $1,733,263Liabilities 2016: $2,199,612Net Assets 2016: -$466,3492016Assets 2017: $2,382,969Liabilities 2017: $2,579,952Net Assets 2017: -$196,9832017Assets 2018: $2,827,142Liabilities 2018: $2,697,261Net Assets 2018: $129,8812018Assets 2019: $4,942,800Liabilities 2019: $3,956,010Net Assets 2019: $986,7902019Assets 2020: $7,359,426Liabilities 2020: $5,531,846Net Assets 2020: $1,827,5802020Assets 2021: $11,475,546Liabilities 2021: $7,053,632Net Assets 2021: $4,421,9142021Assets 2022: $24,112,078Liabilities 2022: $13,805,147Net Assets 2022: $10,306,9312022Assets 2023: $25,279,750Liabilities 2023: $12,554,025Net Assets 2023: $12,725,7252023Assets 2024: $23,436,285Liabilities 2024: $12,930,547Net Assets 2024: $10,505,7382024

Highlighted filing

2024

Assets$23,436,285
Liabilities$12,930,547
Net Assets$10,505,738

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2015: $4,976,039Expenses 2015: $5,373,004Net Income 2015: -$396,9652015Revenue 2016: $6,410,211Expenses 2016: $6,830,129Net Income 2016: -$419,9182016Revenue 2017: $7,159,931Expenses 2017: $6,890,565Net Income 2017: $269,3662017Revenue 2018: $9,102,003Expenses 2018: $8,775,139Net Income 2018: $326,8642018Revenue 2019: $11,973,610Expenses 2019: $11,109,953Net Income 2019: $863,6572019Revenue 2020: $15,446,242Expenses 2020: $14,605,452Net Income 2020: $840,7902020Revenue 2021: $18,846,415Expenses 2021: $16,255,813Net Income 2021: $2,590,6022021Revenue 2022: $24,893,229Expenses 2022: $19,945,754Net Income 2022: $4,947,4752022Revenue 2023: $22,917,819Expenses 2023: $20,541,427Net Income 2023: $2,376,3922023Revenue 2024: $27,572,204Expenses 2024: $29,792,191Net Income 2024: -$2,219,9872024

Highlighted filing

2024

Revenue$27,572,204
Expenses$29,792,191
Net Income-$2,219,987

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$28,285,795
Mission and Program Overview

Mission

The mission of central jersey college preparatory charter school ("cjcp") is to provide academic and social challenges to students, while instilling in them the skills and knowledge that they will need to succeed in their future endeavors. Cjcp aims to forge a powerful partnership out of the student-teacher-parent triad. This partnership will provide and empower our youth with the support necessary to reach their highest potential - intellectually, socially, emotionally and physically - while building on their inherent promise to aid in their preparation for college and career. Cjcp's overall academic goals are to prepare its students for the challenges that they will face after high school; to provide the necessary skills and tools they will require to be successful in college and beyond; to turn them into lifelong learners and independent thinkers who appreciate and embrace diversity, teamwork and mutual respect; and to nurture in them an immense level of personal integrity. Non-acad

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,362,351$12,736,683▼ $625,668
Accounts Receivable$1,539,570$0▼ $1,539,570
Pledges and Grants Receivable-$1,012,103-
Land, Buildings, and Equipment, Net$1,171,057$923,989▼ $247,068
Prepaid Expenses and Deferred Charges$200,000$200,000→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$25,279,750$23,436,285▼ $1,843,465
Other Assets Total$9,006,772$8,563,510▼ $443,262
Liabilities
Other Liabilities$11,285,845$12,039,802▲ $753,957
Accounts Payable and Accrued Expenses$1,064,464$624,993▼ $439,471
Deferred Revenue$203,716$265,752▲ $62,036
Total Liabilities$12,554,025$12,930,547▲ $376,522
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,207,054$7,617,901▼ $1,589,153
Net Assets Without Donor Restrictions$3,518,671$2,887,837▼ $630,834
Total Net Assets Fund Balance$12,725,725$10,505,738▼ $2,219,987
Total Liabilities and Net Assets / Fund Balance$25,279,750$23,436,285▼ $1,843,465

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$487,472$530,924$1,018,396
Buildings$436,517$284,768$721,285
Leasehold Improvements-$375,900$375,900
Other Assets Org$6,862,322--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Namik SercanChief Educ OffrFT$172,290$172,290
Dr Tasha MosconiDirectorFT$130,500$130,500
Mr VICTOR BRIGHTDirectorFT$130,189$130,189
Ms SUZAN DINCERDirectorFT$120,200$120,200
Ms CARRIE THOMASDirectorFT$110,000$110,000
Matt AnarBus AdminFT$98,000$98,000
Fiona DaubonBoard SecretaryFT$87,164$87,164
Christopher LessardTreasurerPT$23,659$23,659

Board Members and Trustees

NameTitle
Ferhan TunagurPresident
Jackie LewisVice President
Amet AtligTrustee
Eric Van BladelTrustee
Tracy GillTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Horizon Blue Cross Blue ShieldMedical InsurancePO BOX 1738, Newark, NJ 07101$1,244,215
Maschios Food ServiceFood Service525 E MAIN STREET, Chester, NJ 07930$264,310
Educational Services Commission Of NjSpecial Education Serv1660 STELTON RD, Piscataway, NJ 08854$216,219
New Jersey School Insurance GroupGeneral Liability Ins6000 MIDLANTIC DRIVE, Mount Laurel, NJ 08054$211,907
Best Cleaning Building ServiceCleaning Service74 LAWRENCE AVENUE, Lodi, NJ 07644$182,000
Revenue and Support

Revenue Composition

Contributions and Grants
$26,539,009
Program Service Revenue
$1,102,444
Investment Income
$378,009
Other Revenue
$-447,258
All Other Contributions
$271,240
Change in Net Assets
$-2,219,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,572,204
Total Revenue per Audited Statements
$27,572,204
Total Revenue per Form 990
$27,572,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,955,444
Other Expenses$6,836,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,113,131$2,325,449-$15,438,580
Other Employee Benefits$3,731,174$710,700-$4,441,874
Pension Plan Contributions$2,438,268$464,432-$2,902,700
Office Expenses$1,778,965$338,850-$2,117,815
Depreciation Depletion$1,360,408$259,125-$1,619,533
Other Expenses$1,056,470$201,232-$1,257,702
Occupancy$856,585$163,159-$1,019,744
Fees for Services Management$610,019$116,194-$726,213
Current Officers, Directors, Trustees, and Key Employees-$172,290-$172,290
Fees for Services Legal$38,507$7,335-$45,842
Fees for Services Accounting$37,018$7,051-$44,069
Travel-$5,829-$5,829
Total Functional Expenses$25,020,545$4,771,646$0$29,792,191

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$29,792,191
Total Expenses per Audited Statements$29,792,191
Total Expenses per Form 990$29,792,191
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Liab$5,408,397
Net Pension Liability$5,151,358
Other Current Liabilities$1,146,796
Deferred Inflows of Resources-pensions$333,251
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of trustees and designated school officials review the tax form 990 return prior to submission and filing with the irs.

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

Each school official and/or key employee, as well as each member of the board of trustees, is required to file the school ethics commission disclosure statement, per applicable new jersey law. These forms are filed with the local county authority.

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

Salary and compensation of the ceo/lead person of the school is reviewed and evaluated by board of trustees of the central jersey college prep charter school on an annual basis. In conducting such review and evaluation, factors such as personal strengths and weaknesses, as well as goals and achievements of the charter school, and comparable salary data are all given due weight and consideration. The ultimate compensation evaluation and recommendation is thereafter approved by the board of trustees of the charter school.

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

Salary and compensation of officers, key employees and all teachers are reviewed and evaluated by the charter school lead person and business adminstrator on an annual basis. In conducting such review and evaluation, factors such as teacher performance, education, experience, longevity and comparable area standards for the profession, are given due weight and consideration. All such compensation evaluations and recommendations are reviewed and approved by the board of trustees of the charter school.

Form 990, Part VI, Section C, Line 19

The minutes for the meetings of the board of trustees of the central jersey college prep charter school will be provided upon request. Annual audit and financial reports of the charter school are available on the state of new jersey department of education website. Other charter school information is available on the school website, or will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Central Jersey College Prep
EIN
20-4477065
Phone
7323029991
Address
101 METTLERS ROAD, SOMERSET, NJ 08873

Signing Officer

Name
Matt Anar
Title
Bus Admin
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
317

Preparer

Firm
Barre & Company LLC
Address
2204 MORRIS AVE STE 206, UNION, NJ 07083
Preparer
Richard Barre
Phone
9086863484
Supplemental Narrative

Additional Explanations

Document Retention and Destruction

The charter school follows state and federal regulations and standards governing record retention and destruction.

Whistleblower Policy

Central jersey college preparatory charter school has a written whistleblower policy which prohibits discrimination or retaliation against any school employee who: (1) discloses or threatens to disclose to a supervisor or appropriate entity a policy or practice which the employee reasonably believes is in violation of law; (2) provides information to any public body conducting an investigation or inquiry into any alleged violation of law; or (3) objects to, or refuses to participate in any activity, policy or practice which the employee reasonably believes is in violation of law, is fraudulent or criminal, or is incompatible with public health or safety.

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

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IRS990/ActivityOrMissionDesc0THE MISSION OF CENTRAL JERSEY COLLEGE PREPARATORY CHARTER SCHOOL ("CJCP") IS TO PROVIDE ACADEMIC AND SOCIAL CHALLENGES TO STUDENTS, WHILE INSTILLING IN THEM THE SKILLS AND KNOWLEDGE THAT THEY WILL NEED TO SUCCEED IN THEIR FUTURE ENDEAVORS. CJCP AIMS TO FORGE A POWERFUL PARTNERSHIP OUT OF THE STUDENT-TEACHER-PARENT TRIAD. THIS PARTNERSHIP WILL PROVIDE AND EMPOWER OUR YOUTH WITH THE SUPPORT NECESSARY TO REACH THEIR HIGHEST POTENTIAL - INTELLECTUALLY, SOCIALLY, EMOTIONALLY AND PHYSICALLY - WHILE BUILDING ON THEIR INHERENT PROMISE TO AID IN THEIR PREPARATION FOR COLLEGE AND CAREER. CJCP'S OVERALL ACADEMIC GOALS ARE TO PREPARE ITS STUDENTS FOR THE CHALLENGES THAT THEY WILL FACE AFTER HIGH SCHOOL; TO PROVIDE THE NECESSARY SKILLS AND TOOLS THEY WILL REQUIRE TO BE SUCCESSFUL IN COLLEGE AND BEYOND; TO TURN THEM INTO LIFELONG LEARNERS AND INDEPENDENT THINKERS WHO APPRECIATE AND EMBRACE DIVERSITY, TEAMWORK AND MUTUAL RESPECT; AND TO NURTURE IN THEM AN IMMENSE LEVEL OF PERSONAL INTEGRITY. NON-ACAD
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