Civic Intelligence

Marion P Thomas Charter High School Education Association a Nj Nonprof

990 • Fiscal year 2017 • EIN 22-3531113

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization Profilewww.mptcs.org
125 Sussex AvenueNewark, NJ 07103

(973) 621-0060

Siviq Scores

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

Liabilities / Assets

98th percentile

1.12x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • NTEE B • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

46th percentile

0.42x

Higher debt load relative to revenue than 46% of similar nonprofits.

2017 filings • NTEE B • $25M-$50M nonprofits • Source year 2017

Net Margin

10th percentile

-11%

Higher net margin than 10% of similar nonprofits.

2017 filings • NTEE B • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$212,735

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • NTEE B • $25M-$50M nonprofits • Source year 2017

Asset Growth

65th percentile

8.9%

Faster asset growth than 65% of similar nonprofits.

2017 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

8.3%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$10,646,371

Up $866,261 (+8.9%) from 2016

Net Assets

Down

-$1,314,848

Down $3,130,970 (-172%) from 2016

Liabilities

Up

$11,961,219

Up $3,997,231 (+50%) from 2016

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin10th percentile

Revenue

Up

$28,188,625

Up $2,171,241 (+8.3%) from 2016

Expenses

Up

$31,319,595

Up $4,828,427 (+18%) from 2016

Net Income

Down

-$3,130,970

Down $2,657,186 (-561%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2011: $1,344,602Liabilities 2011: $793,762Net Assets 2011: $550,8402011Assets 2012: $906,321Liabilities 2012: $642,991Net Assets 2012: $263,3302012Assets 2013: $1,934,221Liabilities 2013: $1,317,675Net Assets 2013: $616,5462013Assets 2014: $2,939,825Liabilities 2014: $1,070,791Net Assets 2014: $1,869,0342014Assets 2015: $8,511,869Liabilities 2015: $6,221,963Net Assets 2015: $2,289,9062015Assets 2016: $9,780,110Liabilities 2016: $7,963,988Net Assets 2016: $1,816,1222016Assets 2017: $10,646,371Liabilities 2017: $11,961,219Net Assets 2017: -$1,314,8482017Assets 2018: $10,066,273Liabilities 2018: $15,049,061Net Assets 2018: -$4,982,7882018Assets 2019: $13,404,400Liabilities 2019: $19,588,518Net Assets 2019: -$6,184,1182019Assets 2020: $13,996,954Liabilities 2020: $20,380,208Net Assets 2020: -$6,383,2542020Assets 2021: $17,560,259Liabilities 2021: $22,362,104Net Assets 2021: -$4,801,8452021Assets 2022: $31,516,321Liabilities 2022: $29,190,225Net Assets 2022: $2,326,0962022Assets 2023: $19,525,163Liabilities 2023: $1,006,663Net Assets 2023: $18,518,5002023

Highlighted filing

2017

Assets$10,646,371
Liabilities$11,961,219
Net Assets-$1,314,848
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $9,524,4572011Expenses 2012: $11,041,5902012Expenses 2013: $11,201,9682013Revenue 2014: $13,397,188Expenses 2014: $12,144,700Net Income 2014: $1,252,4882014Revenue 2015: $23,464,517Expenses 2015: $21,717,891Net Income 2015: $1,746,6262015Revenue 2016: $26,017,384Expenses 2016: $26,491,168Net Income 2016: -$473,7842016Revenue 2017: $28,188,625Expenses 2017: $31,319,595Net Income 2017: -$3,130,9702017Revenue 2018: $31,201,177Expenses 2018: $34,869,117Net Income 2018: -$3,667,9402018Revenue 2019: $35,388,479Expenses 2019: $36,589,809Net Income 2019: -$1,201,3302019Revenue 2020: $35,303,797Expenses 2020: $35,502,933Net Income 2020: -$199,1362020Revenue 2021: $37,041,604Expenses 2021: $35,485,200Net Income 2021: $1,556,4042021Revenue 2022: $43,062,116Expenses 2022: $35,250,593Net Income 2022: $7,811,5232022Revenue 2023: $41,357,127Expenses 2023: $37,456,344Net Income 2023: $3,900,7832023

Highlighted filing

2017

Revenue$28,188,625
Expenses$31,319,595
Net Income-$3,130,970
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$28,188,625
Mission and Program Overview

Mission

The charter schools mission is to prepare newarks next generation of children to be intelectually, emotionally, socially and financially responsible citizens.

Marion P. Thomas Charter School, Inc. (the "Charter School") is the largest independently-operated free public charter school in Newark, New Jersey. The Charter School was established in 1999 by a group of individuals who were born and raised in Newark and wanted to provide the best possible educational experience for the next generation of Newarkers. The school is one of the only minority-led charter schools in Newark, reflecting both its student population and the community it serves. Since 1999, it has grown from four classrooms to four campuses and now serves 1,300 students from kindergarten through the 12th grade. It offers a seamless educational experience from "crayons to college," giving Newark residents the opportunity to stay within one school system for their entire public educational career from prekindergarten to 12th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,308,062$3,085,934▼ $3,222,128
Accounts Receivable$1,162,291$1,352,244▲ $189,953
Land, Buildings, and Equipment, Net$314,890$499,552▲ $184,662
Prepaid Expenses and Deferred Charges$315,737$419,257▲ $103,520
Total Assets$9,780,110$10,646,371▲ $866,261
Other Assets Total$1,679,130$5,289,384▲ $3,610,254
Liabilities
Other Liabilities$7,584,252$11,673,777▲ $4,089,525
Accounts Payable and Accrued Expenses$287,619$285,352▼ $2,267
Deferred Revenue$92,117$2,090▼ $90,027
Total Liabilities$7,963,988$11,961,219▲ $3,997,231
Net Assets / Fund Balance
Unrestricted Net Assets$1,816,122$-1,314,848▼ $3,130,970
Total Net Assets Fund Balance$1,816,122$-1,314,848▼ $3,130,970
Total Liabilities and Net Assets / Fund Balance$9,780,110$10,646,371▲ $866,261

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$374,393$674,058$1,048,451
Leasehold Improvements$125,159$539,925$665,084
Other Assets Org$5,287,364--
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Karen ThomasCEO/Asst.Sec.FT$200,999$11,736$212,735
Doreen LandChief Academic OfficerFT$179,546$17,727$197,273
Kimberly Wright-WhiteHigh School PrincipalFT$156,722$25,566$182,288
John GambleSELECT Elem. PrincipalFT$128,267$23,917$152,184
Damon WhiteElementary Vice PrincipalFT$114,948$14,181$129,129
Femi AmorinSch.Bus.Adm/Board SecretaryFT$110,810$16,674$127,484
Laura PorcaroElementary PrincipalFT$108,963$16,875$125,838

Board Members and Trustees

NameTitle
Gregory CollinsChair
Rev Ronald SlaugherVice Chair
David BlountMember
Donna BestMember
Joi - Taylor-DeanMember
Kema RobertsMember
Khaatin Sherrer ElMember
Lesley LeslieMember
Michelle JonesMember
Reginald PettyMember
Rev Vincent RouseMember
Revenue and Support

Revenue Composition

Contributions and Grants
$5,366,579
Program Service Revenue
$22,817,887
Investment Income
$0
Other Revenue
$4,159
All Other Contributions
$80,603
Change in Net Assets
$-3,130,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,188,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$29,507
Total Revenue per Audited Statements
$28,218,132
Total Revenue per Form 990
$28,188,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,629,757
Other Expenses$7,689,838
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,831,288$1,130,617-$13,961,905
Pension Plan Contributions$4,114,210$381,253-$4,495,463
Other Employee Benefits$4,120,497$63,548-$4,184,045
Occupancy$2,970,774--$2,970,774
Fees for Services Other$1,277,066$594,743-$1,871,809
Office Expenses$1,533,607$81,966-$1,615,573
Current Officers, Directors, Trustees, and Key Employees-$988,344-$988,344
Depreciation Depletion$94,013--$94,013
Other Expenses$66,546$64,936-$66,546
Total Functional Expenses$28,014,188$3,305,407$0$31,319,595

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,349,102
Expenses per Audited Statements$31,319,595
Total Expenses per Form 990$31,319,595
Expenses Not Reported on Form 990$29,507
Expenses Not Reported on Financial Statements$0
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
Net pension liabilities$10,325,824
Deferred inflow of resources$630,306
Compensated absences$402,217
Capital lease obligation$197,582
Intergovernmental payables$117,848
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
No

Governance Explanations

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

“The draft Form 990 is initially reviewed by the CEO and School Business Administrator. Once reviewed and comments addressed, a copy via e-mail is provided to the Chair of the Finance Committee and Board members for review and approval for filing.”

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

“The board members and key employes are required to complete an annual disclosure form indicating any conflict of interest or arrangements that could give rise to a conflict. Completed questionnaires are reviewed by the board. Any member that has a conflict of interest is not allowed to vote on any matter that is related to the conflict.”

Form 990, Part VI, Section B, line 15

“Compensation of mptcs ceo and key employees (principal, sba) are based on qualifications, salary information of the same position in the school or similar entities in the area. The board reviews and approves compensation information for key and all other employees of the charter school.”

Form 990, Part VI, Section C, line 19

“The Charter School makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the School Business Office located at 370 South 7th Street, Newark, NJ 07103 or by calling (973)621-0060. The Charter School's Form 990 is available for public inspection at www.guidestar.org or at the School Business Office upon request.”

Filing and Contact Details

Filer

Filer Name
Marion P Thomas Charter Schoolinc
EIN
22-3531113
Phone
9736210060
Address
125 Sussex Avenue, NEWARK, NJ 07103

Signing Officer

Name
Dr Karen Young Thomas
Title
Chief Exec.officer/superintendent
Phone
9736210060
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Karen Young Thomas
Formed
1997
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
388
Volunteers
12

Preparer

Firm
Galleros Koh Llp
Address
115 DAVIS STATION ROAD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleroscpa
Phone
7324622020
Supplemental Narrative

Additional Explanations

Form 990, XII Line 2C

“The process of selecting independent auditor has not changed from prior year.”

Financial Statement Notes

Part X, Line 2:

“The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2014.”

Part XI, Line 2D - Other Adjustments:

“Food commodities 29,507.”

Part XII, Line 2D - Other Adjustments:

“Food commodities 29,507.”

Raw XML AppendixShowing 400 of 621 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0287619
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0285352
IRS990/AccountsReceivableGrp/BOYAmt01162291
IRS990/AccountsReceivableGrp/EOYAmt01352244
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Marion P. Thomas Charter School, Inc. (the "Charter School") is the largest independently-operated free public charter school in Newark, New Jersey. The Charter School was established in 1999 by a group of individuals who were born and raised in Newark and wanted to provide the best possible educational experience for the next generation of Newarkers. The school is one of the only minority-led charter schools in Newark, reflecting both its student population and the community it serves. Since 1999, it has grown from four classrooms to four campuses and now serves 1,300 students from kindergarten through the 12th grade. It offers a seamless educational experience from "crayons to college," giving Newark residents the opportunity to stay within one school system for their entire public educational career from prekindergarten to 12th grade.
IRS990/AllOtherContributionsAmt080603
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FEMI AMORIN
IRS990/BooksInCareOfDetail/PhoneNum09736211560
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 Sussex Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt06308062
IRS990/CashNonInterestBearingGrp/EOYAmt03085934
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0988344
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0988344
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05366579
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt07689838
IRS990/CYOtherRevenueAmt04159
IRS990/CYProgramServiceRevenueAmt022817887
IRS990/CYRevenuesLessExpensesAmt0-3130970
IRS990/CYSalariesCompEmpBnftPaidAmt023629757
IRS990/CYTotalExpensesAmt031319595
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt028188625
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt092117
IRS990/DeferredRevenueGrp/EOYAmt02090
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt094013
IRS990/DepreciationDepletionGrp/TotalAmt094013
IRS990/Desc0In 2016-2017, the Charter School had served 1,331 students through its kindergarten to 12th grade curriculum and seamless educational experience from "crayons to college." During the year, the Charter School under took major initiatives in order for our village to continue to achieve its high levels of excellence. The School improved student achievement by advancing the intervention programs for testing and student support services in Math, English Language Arts (ELA), and Science, more closely aligned student achievement and teacher evaluation and effectiveness practices with effective coaching and feedback models, and furthered the data-driven initiative for instruction and overall programming. The Board began succession and sustainability planning during the school year. This included plans for new school leadership and revision of the strategic plan. A Director of Operations and Director of Human Resources was also hired to build capacity.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0388
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt026384939
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0594743
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01277066
IRS990/FeesForServicesOtherGrp/TotalAmt01871809
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt1111736
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1216674
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1317727
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1425566
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1523917
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1614181
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1716875
IRS990/Form990PartVIISectionAGrp/PersonNm0Gregory Collins
IRS990/Form990PartVIISectionAGrp/PersonNm1Rev Ronald Slaugher
IRS990/Form990PartVIISectionAGrp/PersonNm2Lesley Leslie
IRS990/Form990PartVIISectionAGrp/PersonNm3Donna Best
IRS990/Form990PartVIISectionAGrp/PersonNm4Khaatin Sherrer El
IRS990/Form990PartVIISectionAGrp/PersonNm5Rev Vincent Rouse
IRS990/Form990PartVIISectionAGrp/PersonNm6Kema Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm7David Blount
IRS990/Form990PartVIISectionAGrp/PersonNm8Reginald Petty
IRS990/Form990PartVIISectionAGrp/PersonNm9Michelle Jones
IRS990/Form990PartVIISectionAGrp/PersonNm10Joi - Taylor-Dean
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Karen Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm12Femi Amorin
IRS990/Form990PartVIISectionAGrp/PersonNm13Doreen Land
IRS990/Form990PartVIISectionAGrp/PersonNm14Kimberly Wright-White
IRS990/Form990PartVIISectionAGrp/PersonNm15John Gamble
IRS990/Form990PartVIISectionAGrp/PersonNm16Damon White
IRS990/Form990PartVIISectionAGrp/PersonNm17Laura Porcaro
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11200999
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12110810
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13179546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14156722
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15128267
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16114948
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17108963
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/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO/Asst.Sec.
IRS990/Form990PartVIISectionAGrp/TitleTxt12Sch.Bus.Adm/Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chief Academic Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt14High School Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt15SELECT Elem. Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt16Elementary Vice Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt17Elementary Principal
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt05285976
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt028188625
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt046
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01213983
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0314890
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0499552
IRS990/LandBldgEquipCostOrOtherBssAmt01713535
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Charter School's mission is to prepare Newark's next generation of children to be intellectually, emotionally, socially and financially responsible citizens.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01816122
IRS990/NetAssetsOrFundBalancesEOYAmt0-1314848
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02970774
IRS990/OccupancyGrp/TotalAmt02970774
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt081966
IRS990/OfficeExpensesGrp/ProgramServicesAmt01533607
IRS990/OfficeExpensesGrp/TotalAmt01615573
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01679130
IRS990/OtherAssetsTotalGrp/EOYAmt05289384
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt063548
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04120497
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04184045
IRS990/OtherExpensesGrp/Desc0Food Services
IRS990/OtherExpensesGrp/Desc1Field trips
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3After Care
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt064936
IRS990/OtherExpensesGrp/ProgramServicesAmt0834572
IRS990/OtherExpensesGrp/ProgramServicesAmt1153024
IRS990/OtherExpensesGrp/ProgramServicesAmt218591
IRS990/OtherExpensesGrp/ProgramServicesAmt366546
IRS990/OtherExpensesGrp/TotalAmt0834572
IRS990/OtherExpensesGrp/TotalAmt1153024
IRS990/OtherExpensesGrp/TotalAmt283527
IRS990/OtherExpensesGrp/TotalAmt366546
IRS990/OtherLiabilitiesGrp/BOYAmt07584252
IRS990/OtherLiabilitiesGrp/EOYAmt011673777
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04159
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04159
IRS990/OtherRevenueTotalAmt04159
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01130617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012831288
IRS990/OtherSalariesAndWagesGrp/TotalAmt013961905
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0381253
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04114210
IRS990/PensionPlanContributionsGrp/TotalAmt04495463
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0315737
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0419257
IRS990/PrincipalOfficerNm0DR KAREN YOUNG THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0PER CAPITAL AID
IRS990/ProgramServiceRevenueGrp/Desc1AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022678785
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1113836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022678785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1113836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225266
IRS990/ProgSrvcAccomActy2Grp/Desc0The Charter School provided nutritionally balanced, low cost or free meals to children each school day through its Breakfast and Lunch Programs and after care programs. The Programs are federally and state assisted.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0930625
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0139102
IRS990/ProgSrvcAccomActy3Grp/Desc0The Charter School implemented the No Child Left Behind Program. This program was enacted by Congress to reauthorize the elementary and secondary education Act with major focus on providing all children with fair, equal and significant opportunity to have a high quality education though enrichment activities.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0698624
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0698624
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05000134
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt08086428
IRS990/PYOtherRevenueAmt06481
IRS990/PYProgramServiceRevenueAmt021010769
IRS990/PYRevenuesLessExpensesAmt0-473784
IRS990/PYSalariesCompEmpBnftPaidAmt018404740
IRS990/PYTotalExpensesAmt026491168
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026017384
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-3130970
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022682944
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0374393
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0674058
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01048451
IRS990ScheduleD/ExpensesNotReportedAmt029507
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt031319595
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0125159
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0539925
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0665084
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02020
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15287364
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred outflow of resources
IRS990ScheduleD/OtherExpensesIncludedAmt029507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0117848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1402217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210325824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3630306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4197582
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intergovernmental payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net pension liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred inflow of resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Capital lease obligation
IRS990ScheduleD/OtherRevenueAmt029507
IRS990ScheduleD/RevenueNotReportedAmt029507
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt028188625
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Food commodities 29,507.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Food commodities 29,507.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0499552
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05289384
IRS990ScheduleD/TotalExpensesPerForm990Amt031319595
IRS990ScheduleD/TotalLiabilityAmt011673777
IRS990ScheduleD/TotalRevenuePerForm990Amt028188625
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt028218132
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt031349102
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

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
$10,646,371
Liabilities
$11,961,219
Net assets
-$1,314,848
Revenue
$28,188,625
Expenses
$31,319,595
Net income
-$3,130,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$19.5$1.01$18.5$41.4$37.5$3.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.5$29.2$2.33$43.1$35.3$7.81
2021Summary only. Only limited summary data is available for this year.$17.6$22.4$4.80$37.0$35.5$1.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$20.4$6.38$35.3$35.5$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$19.6$6.18$35.4$36.6$1.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$15.0$4.98$31.2$34.9$3.67
2017Detailed filing. Detailed filing data is available for this year.$10.6$12.0$1.31$28.2$31.3$3.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$7.96$1.82$26.0$26.5$0.47
2015Detailed filing. Detailed filing data is available for this year.$8.51$6.22$2.29$23.5$21.7$1.75
2014Detailed filing. Detailed filing data is available for this year.$2.94$1.07$1.87$13.4$12.1$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.32$0.62$11.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.64$0.26$11.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.79$0.55$9.52