Civic Intelligence

Soaring Heights Charter School

990 • Fiscal year 2021 • EIN 22-3456774

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

1 Romar AvenueJersey City, NJ 07305

(201) 434-4800

Siviq Scores

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

Liabilities / Assets

90th percentile

0.85x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.32x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Net Margin

56th percentile

16%

Higher net margin than 56% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Asset Growth

81st percentile

48%

Faster asset growth than 81% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

22%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,761,502

Up $573,979 (+48%) from 2020

Net Assets

Up

$272,882

Up $721,860 (+161%) from 2020

Liabilities

Down

$1,488,620

Down $147,881 (-9.0%) from 2020

Revenue

Up

$4,643,590

Up $836,039 (+22%) from 2020

Expenses

Up

$3,921,730

Up $348,787 (+9.8%) from 2020

Net Income

Up

$721,860

Up $487,252 (+208%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $575,773Liabilities 2011: $1,829Net Assets 2011: $573,9442011Assets 2012: $755,893Liabilities 2012: $0Net Assets 2012: $755,8932012Assets 2013: $868,027Liabilities 2013: $6,106Net Assets 2013: $861,9212013Assets 2014: $747,562Liabilities 2014: $0Net Assets 2014: $747,5622014Assets 2015: $751,146Liabilities 2015: $33,856Net Assets 2015: $717,2902015Assets 2016: $689,331Liabilities 2016: $90,008Net Assets 2016: $599,3232016Assets 2017: $1,050,767Liabilities 2017: $1,237,171Net Assets 2017: -$186,4042017Assets 2018: $971,655Liabilities 2018: $1,534,486Net Assets 2018: -$562,8312018Assets 2019: $1,140,499Liabilities 2019: $1,824,085Net Assets 2019: -$683,5862019Assets 2020: $1,187,523Liabilities 2020: $1,636,501Net Assets 2020: -$448,9782020Assets 2021: $1,761,502Liabilities 2021: $1,488,620Net Assets 2021: $272,8822021Assets 2022: $4,464,083Liabilities 2022: $3,134,422Net Assets 2022: $1,329,6612022Assets 2023: $5,715,154Liabilities 2023: $2,741,467Net Assets 2023: $2,973,6872023Assets 2024: $8,503,548Liabilities 2024: $2,240,113Net Assets 2024: $6,263,4352024

Highlighted filing

2021

Assets$1,761,502
Liabilities$1,488,620
Net Assets$272,882

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,671,955Expenses 2011: $2,442,984Net Income 2011: $228,9712011Revenue 2012: $2,898,851Expenses 2012: $2,716,902Net Income 2012: $181,9492012Revenue 2013: $2,958,632Expenses 2013: $2,852,604Net Income 2013: $106,0282013Revenue 2014: $2,850,609Expenses 2014: $2,975,820Net Income 2014: -$125,2112014Revenue 2015: $3,017,152Expenses 2015: $3,047,424Net Income 2015: -$30,2722015Revenue 2016: $3,091,600Expenses 2016: $3,209,567Net Income 2016: -$117,9672016Revenue 2017: $3,247,101Expenses 2017: $3,478,940Net Income 2017: -$231,8392017Revenue 2018: $3,299,198Expenses 2018: $3,675,625Net Income 2018: -$376,4272018Revenue 2019: $3,678,475Expenses 2019: $3,799,230Net Income 2019: -$120,7552019Revenue 2020: $3,807,551Expenses 2020: $3,572,943Net Income 2020: $234,6082020Revenue 2021: $4,643,590Expenses 2021: $3,921,730Net Income 2021: $721,8602021Revenue 2022: $6,486,553Expenses 2022: $5,072,186Net Income 2022: $1,414,3672022Revenue 2023: $6,563,718Expenses 2023: $4,919,692Net Income 2023: $1,644,0262023Revenue 2024: $8,184,740Expenses 2024: $4,894,992Net Income 2024: $3,289,7482024

Highlighted filing

2021

Revenue$4,643,590
Expenses$3,921,730
Net Income$721,860
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$4,643,590
Mission and Program Overview

Mission

Soaring Heights Charter Schools mission is to ensure that all students secure the academic knowledge and skills to prepare them further education and to instill in them the core values of caring, respect, responsibility and honesty

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$713,961$1,259,421▲ $545,460
Accounts Receivable$41,061$229,670▲ $188,609
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,187,523$1,761,502▲ $573,979
Other Assets Total$432,501$272,411▼ $160,090
Liabilities
Other Liabilities$1,436,522$1,306,569▼ $129,953
Accounts Payable and Accrued Expenses$199,979$182,051▼ $17,928
Total Liabilities$1,636,501$1,488,620▼ $147,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-448,978$158,454▲ $607,432
Net Assets With Donor Restrictions-$114,428-
Total Net Assets Fund Balance$-448,978$272,882▲ $721,860
Total Liabilities and Net Assets / Fund Balance$1,187,523$1,761,502▲ $573,979

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$105,798$105,798
Other Land Buildings-$105,798$105,798
Other Assets Org$272,411--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa Mc ConaglyPresident
Mary GoldenVice President
Irene Guirguis-robertsTrustee
JOANN D'AURIATrustee
Natasha PersaudTrustee
Stephanie MillerTrustee
Angelo VilardiBusiness Admin
Claudia ZuorickDirectof of Sch
Barbara McgrathSchool Officer
JONNA D'AURIA PROKUPSchool Officer
Jacqueline QuiglianaSchool Officer
Jane MercanteSecretary
Barbara Mc GrathTeacher
Jacqueline QuaglianaTeacher
Revenue and Support

Revenue Composition

Contributions and Grants
$4,567,122
Program Service Revenue
$75,000
Investment Income
$429
Other Revenue
$1,039
All Other Contributions
$31,833
Change in Net Assets
$721,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,282,845
Other Expenses$1,638,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,595,817$172,386-$1,768,203
Fees for Services Other$568,351$262,329-$830,680
Other Employee Benefits$270,120$124,677-$394,797
Occupancy$247,338$114,161-$361,499
Office Expenses$162,549$76,027-$238,576
Current Officers, Directors, Trustees, and Key Employees-$119,845-$119,845
Insurance$29,208$13,482-$42,690
Other Expenses$14,337$6,618-$20,955
Total Functional Expenses$3,020,437$901,293$0$3,921,730
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
Net Pension Liability$795,894
Deferred Inflows$510,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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, Line 11B: Form 990 Review Process

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, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each school official and key employee, and each member of the board of trustees must complete a "school ethics/personal/relative disclosure statement," pursuant to applicable new jersey state law. These forms are filed with the appropriate governmental entities, also per applicable new jersey state law.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Salary and compensation of the ceo/lead person of the school is reviewed and evaluated by board of trustees of the 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, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

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, Line 19: Other Organization Documents Publicly Available

The minutes for the meetings of the board of trustees of the soaring heights charter school are available to the public on the school's website. 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
Soaring Heights Charter School
EIN
22-3456774
Phone
2014344800
Address
1 ROMAR AVENUE, JERSEY CITY, NJ 07305

Signing Officer

Name
Angelo Vilardi
Title
Business Admin
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angelo Vilardi
Formed
1997
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
25

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 Policy

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

Whistleblower Policy

While the charter school does not currently have a written whistleblower policy, procedures and practices are in place for the filing of complaints against any co-worker or against the school itself, if any such school employee reasonably believes that a co-worker, or the school itself, is conducting an illegal or wrongful act. School practice and policy also prohibits retaliation against any employee who submits any such complaint.

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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt013482
IRS990/InsuranceGrp/ProgramServicesAmt029208
IRS990/InsuranceGrp/TotalAmt042690
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0429
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IRS990/LandBldgEquipCostOrOtherBssAmt0211596
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Soaring Heights Charter Schools mission is to ensure that all students secure the academic knowledge and skills to prepare them further education and to instill in them the core values of caring, respect, responsibility and honesty
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-448978
IRS990/NetAssetsOrFundBalancesEOYAmt0272882
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-448978
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0158454
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0114161
IRS990/OccupancyGrp/ProgramServicesAmt0247338
IRS990/OccupancyGrp/TotalAmt0361499
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt076027
IRS990/OfficeExpensesGrp/ProgramServicesAmt0162549
IRS990/OfficeExpensesGrp/TotalAmt0238576
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0432501
IRS990/OtherAssetsTotalGrp/EOYAmt0272411
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0124677
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0270120
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0394797
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1PENSION EXPENSE
IRS990/OtherExpensesGrp/Desc2TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011768
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16618
IRS990/OtherExpensesGrp/ProgramServicesAmt0107222
IRS990/OtherExpensesGrp/ProgramServicesAmt125495
IRS990/OtherExpensesGrp/ProgramServicesAmt214337
IRS990/OtherExpensesGrp/TotalAmt0107222
IRS990/OtherExpensesGrp/TotalAmt137263
IRS990/OtherExpensesGrp/TotalAmt220955
IRS990/OtherLiabilitiesGrp/BOYAmt01436522
IRS990/OtherLiabilitiesGrp/EOYAmt01306569
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01039
IRS990/OtherRevenueTotalAmt01039
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0172386
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01595817
IRS990/OtherSalariesAndWagesGrp/TotalAmt01768203
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ANGELO VILARDI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03769433
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04127
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IRS990/PYOtherExpensesAmt01333198
IRS990/PYProgramServiceRevenueAmt033991
IRS990/PYRevenuesLessExpensesAmt0234608
IRS990/PYSalariesCompEmpBnftPaidAmt02239745
IRS990/PYTotalExpensesAmt03572943
IRS990/PYTotalRevenueAmt03807551
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0721860
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0105798
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0105798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0272411
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows-Changes in Assumption
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0105798
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0105798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0510675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1795894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0272411
IRS990ScheduleD/TotalLiabilityAmt01306569
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/ExplanationTxt0SOARING HEIGHTS CHARTER SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY TOWARDS ALL STUDENTS, IN THAT THE CHARTER SCHOOL DOES NOT DISCRIMINATE AGAINST ANY STUDENT, OR EMPLOYEE, FOR REASONS OF RACE, COLOR, CREED, SEX, AGE, RELIGION, ETHNIC ORIGIN, FAMILY AFFILIATION, DISABILITIES, SOCIAL OR ECONOMIC STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR BECAUSE OF LIABILITY FOR SERVICE IN THE UNITED STATES ARMED FORCES. THE RACIALLY NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL BY-LAWS AND IS COMMUNICATED TO STUDENTS AND PARENTS. THE RACIALLY NONDISCRIMINATORY POLICY IS ALSO PUBLISHED IN THE SCHOOL BROCHURE AND SCHOOL PLANNER, AS WELL AS ON THE SCHOOL'S WEBSITE.IN ADDITION, SOARING HEIGHTS CHARTER SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES, AND FURTHER, THE CHARTER SCHOOL ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES AND DESIGNATED SCHOOL OFFICIALS REVIEW THE TAX FORM 990 RETURN PRIOR TO SUBMISSION AND FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH SCHOOL OFFICIAL AND KEY EMPLOYEE, AND EACH MEMBER OF THE BOARD OF TRUSTEES MUST COMPLETE A "SCHOOL ETHICS/PERSONAL/RELATIVE DISCLOSURE STATEMENT," PURSUANT TO APPLICABLE NEW JERSEY STATE LAW. THESE FORMS ARE FILED WITH THE APPROPRIATE GOVERNMENTAL ENTITIES, ALSO PER APPLICABLE NEW JERSEY STATE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY AND COMPENSATION OF THE CEO/LEAD PERSON OF THE SCHOOL IS REVIEWED AND EVALUATED BY BOARD OF TRUSTEES OF THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARY 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MINUTES FOR THE MEETINGS OF THE BOARD OF TRUSTEES OF THE SOARING HEIGHTS CHARTER SCHOOL ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE. 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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CHARTER SCHOOL FOLLOWS STATE AND FEDERAL REGULATIONS AND STANDARDS GOVERNING RECORD RETENTION AND DESTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WHILE THE CHARTER SCHOOL DOES NOT CURRENTLY HAVE A WRITTEN WHISTLEBLOWER POLICY, PROCEDURES AND PRACTICES ARE IN PLACE FOR THE FILING OF COMPLAINTS AGAINST ANY CO-WORKER OR AGAINST THE SCHOOL ITSELF, IF ANY SUCH SCHOOL EMPLOYEE REASONABLY BELIEVES THAT A CO-WORKER, OR THE SCHOOL ITSELF, IS CONDUCTING AN ILLEGAL OR WRONGFUL ACT. SCHOOL PRACTICE AND POLICY ALSO PROHIBITS RETALIATION AGAINST ANY EMPLOYEE WHO SUBMITS ANY SUCH COMPLAINT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5DOCUMENT RETENTION AND DESTRUCTION POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6WHISTLEBLOWER POLICY
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01187523
IRS990/TotalAssetsEOYAmt01761502

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$2.24$6.26$8.18$4.89$3.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.72$2.74$2.97$6.56$4.92$1.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$3.13$1.33$6.49$5.07$1.41
2021Detailed filing. Detailed filing data is available for this year.$1.76$1.49$0.27$4.64$3.92$0.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$1.64$0.45$3.81$3.57$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$1.82$0.68$3.68$3.80$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$1.53$0.56$3.30$3.68$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$1.24$0.19$3.25$3.48$0.23
2016Summary only. Only limited summary data is available for this year.$0.69$0.09$0.60$3.09$3.21$0.12
2015Summary only. Only limited summary data is available for this year.$0.75$0.03$0.72$3.02$3.05$0.03
2014Summary only. Only limited summary data is available for this year.$0.75$0.00$0.75$2.85$2.98$0.13
2013Summary only. Only limited summary data is available for this year.$0.87$0.01$0.86$2.96$2.85$0.11
2012Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$2.90$2.72$0.18
2011Summary only. Only limited summary data is available for this year.$0.58$0.00$0.57$2.67$2.44$0.23