Civic Intelligence

Pace Charter School of Hamilton Inc.

990 • Fiscal year 2017 • EIN 22-3632791

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 19, 2018

1949 Hamilton AvenueHamilton, NJ 08619

(609) 587-2288

Siviq Scores

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

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.45x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

11th percentile

-13%

Higher net margin than 11% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$114,999

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

70th percentile

15%

Faster asset growth than 70% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.7%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,687,299

Up $219,934 (+15%) from 2016

Net Assets

Down

-$41,710

Down $486,845 (-109%) from 2016

Liabilities

Up

$1,729,009

Up $706,779 (+69%) from 2016

Revenue

Up

$3,833,239

Up $171,770 (+4.7%) from 2016

Expenses

Up

$4,320,084

Up $738,823 (+21%) from 2016

Net Income

Down

-$486,845

Down $567,053 (-707%) from 2016

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: $508,574Liabilities 2011: $20Net Assets 2011: $508,5542011Assets 2012: $658,743Liabilities 2012: $58,361Net Assets 2012: $600,3822012Assets 2013: $544,092Liabilities 2013: $55,544Net Assets 2013: $488,5482013Assets 2014: $644,643Liabilities 2014: $52,713Net Assets 2014: $591,9302014Assets 2015: $922,558Liabilities 2015: $557,631Net Assets 2015: $364,9272015Assets 2016: $1,467,365Liabilities 2016: $1,022,230Net Assets 2016: $445,1352016Assets 2017: $1,687,299Liabilities 2017: $1,729,009Net Assets 2017: -$41,7102017Assets 2018: $1,438,596Liabilities 2018: $1,514,648Net Assets 2018: -$76,0522018Assets 2019: $1,357,740Liabilities 2019: $1,557,229Net Assets 2019: -$199,4892019Assets 2020: $1,717,930Liabilities 2020: $1,473,941Net Assets 2020: $243,9892020Assets 2021: $2,233,803Liabilities 2021: $1,833,798Net Assets 2021: $400,0052021Assets 2022: $5,678,830Liabilities 2022: $4,619,246Net Assets 2022: $1,059,5842022Assets 2023: $5,746,179Liabilities 2023: $3,998,523Net Assets 2023: $1,747,6562023Assets 2024: $6,347,185Liabilities 2024: $3,182,333Net Assets 2024: $3,164,8522024Assets 2025: $8,039,908Liabilities 2025: $4,049,453Net Assets 2025: $3,990,4552025

Highlighted filing

2017

Assets$1,687,299
Liabilities$1,729,009
Net Assets-$41,710

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,315,5002011Expenses 2012: $1,532,2712012Expenses 2013: $1,744,6542013Revenue 2014: $2,293,744Expenses 2014: $2,190,362Net Income 2014: $103,3822014Revenue 2015: $3,307,722Expenses 2015: $3,259,693Net Income 2015: $48,0292015Revenue 2016: $3,661,469Expenses 2016: $3,581,261Net Income 2016: $80,2082016Revenue 2017: $3,833,239Expenses 2017: $4,320,084Net Income 2017: -$486,8452017Revenue 2018: $4,451,962Expenses 2018: $4,486,304Net Income 2018: -$34,3422018Revenue 2019: $5,216,826Expenses 2019: $5,340,263Net Income 2019: -$123,4372019Revenue 2020: $5,846,826Expenses 2020: $5,403,348Net Income 2020: $443,4782020Revenue 2021: $6,961,586Expenses 2021: $6,805,570Net Income 2021: $156,0162021Revenue 2022: $8,278,891Expenses 2022: $7,530,908Net Income 2022: $747,9832022Revenue 2023: $8,885,694Expenses 2023: $8,197,622Net Income 2023: $688,0722023Revenue 2024: $10,505,794Expenses 2024: $9,088,598Net Income 2024: $1,417,1962024Revenue 2025: $11,239,751Expenses 2025: $10,414,148Net Income 2025: $825,6032025

Highlighted filing

2017

Revenue$3,833,239
Expenses$4,320,084
Net Income-$486,845
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$3,945,802
Mission and Program Overview

Mission

The mission of the Pace Charter School of Hamilton is to instill in our students a lifelong love for learning supported by an appreciation for the use of knowledge. At Pace we believe students must learn to learn and that they must be exposed to the value of applying their knowledge. The learning process must be relevant to the child's life experiences so that a genuine love for learning will be instilled and used throughout their lifetime.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$664,189$640,580▼ $23,609
Land, Buildings, and Equipment, Net$124,763$0▼ $124,763
Prepaid Expenses and Deferred Charges$40,790$40,790→ $0
Accounts Receivable$90,739$7,017▼ $83,722
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,467,365$1,687,299▲ $219,934
Other Assets Total$546,884$998,912▲ $452,028
Liabilities
Other Liabilities$972,997$1,694,788▲ $721,791
Accounts Payable and Accrued Expenses$49,233$34,221▼ $15,012
Total Liabilities$1,022,230$1,729,009▲ $706,779
Net Assets / Fund Balance
Unrestricted Net Assets$445,135$-41,710▼ $486,845
Total Net Assets Fund Balance$445,135$-41,710▼ $486,845
Total Liabilities and Net Assets / Fund Balance$1,467,365$1,687,299▲ $219,934

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$150,496$150,496
Other Assets Org$998,912--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deborah a PontorieroLead PersonFT$114,999$114,999
Wendy SmithSch. PrincipalFT$82,000$82,000

Board Members and Trustees

NameTitle
Nicole Pollard-alfordPres-Bd Trustee
Lakesha WilliamsSec'y-Trustees
Carmen VasquezTrustee
Joanne RobertsTrustee
Maria MercedesTrustee
Norma VillanuevaTrustee
Tamara ChildsTrustee
Ingrid TrottmanVP-Trustees
Paul DewittBusiness Admin
Jill MingoTeacher Rep

Highest Paid Contractors

ContractorServicesLocationCompensation
Karson Food ServiceFood Service3409 ROSE AVENUE, Ocean, NJ 07712-
Revenue and Support

Revenue Composition

Contributions and Grants
$3,940,878
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-107,639
Change in Net Assets
$-486,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,942,290
Other Expenses$1,377,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,494,335$305,619-$1,799,954
Occupancy$416,205$118,351-$534,556
Other Employee Benefits$333,421$94,811-$428,232
Pension Plan Contributions$285,381$81,150-$366,531
Current Officers, Directors, Trustees, and Key Employees-$301,420-$301,420
Fees for Services Management$11,734$260,865-$272,599
Office Expenses$148,806$57,012-$205,818
Other Expenses$158,443$147,608-$147,608
Payroll Taxes$35,935$10,218-$46,153
Insurance-$13,716-$13,716
Total Functional Expenses$2,884,260$1,435,824$0$4,320,084
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$1,663,973
Other Current Liabilities$43,421
Deferred Inflows of Resources-pensions$-12,606
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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 of the pace charter school of hamilton 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 of the pace charter school of hamilton 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 for the ceo/lead person of the charter school is reviewed and evaluated by the pace charter school board of trustees on an annual basis. Strengths, weaknesses, goals and achievements of the school are all taken into consideration and discussed with the lead person, as well. The ultimate compensation evaluation and recommendation is reviewed and approved by the board of trustees of the pace charter school of hamilton.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Salary and compensation are reviewed and evaluated by the pace charter school lead person/business administrator and principal on an annual basis. All such compensation evaluations and recommendations are reviewed and approved by the board of trustees of the pace charter school of hamilton.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The minutes for the meetings of the board of trustees of the pace charter school of hamilton are made available to the public 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
Pace Charter School of Hamilton
EIN
22-3632791
Phone
6095872288
Address
1949 HAMILTON AVENUE, HAMILTON, NJ 08619

Signing Officer

Name
Deborah a Pontoriero
Title
Lead Person
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah a Pontoriero
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
8
Employees
44

Preparer

Firm
Barre & Company LLC
Address
2204 MORRIS AVE STE 206, UNION, NJ 07083-5914
Preparer
Richard Barre
Phone
9086863484
Supplemental Narrative

Additional Explanations

Document Retention & Destruction

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

Whistleblower Policy

The pace charter school of hamilton 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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IRS990/GovernmentGrantsAmt03940878
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03945802
IRS990/GrossSalesOfInventoryAmt04924
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt013716
IRS990/InsuranceGrp/TotalAmt013716
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0150496
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0124763
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0150496
IRS990/LegalDomicileStateCd0NJ
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of the Pace Charter School of Hamilton is to instill in our students a lifelong love for learning supported by an appreciation for the use of knowledge. At Pace we believe students must learn to learn and that they must be exposed to the value of applying their knowledge. The learning process must be relevant to the child's life experiences so that a genuine love for learning will be instilled and used throughout their lifetime.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0445135
IRS990/NetAssetsOrFundBalancesEOYAmt0-41710
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-107639
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-107639
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0118351
IRS990/OccupancyGrp/ProgramServicesAmt0416205
IRS990/OccupancyGrp/TotalAmt0534556
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt057012
IRS990/OfficeExpensesGrp/ProgramServicesAmt0148806
IRS990/OfficeExpensesGrp/TotalAmt0205818
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0546884
IRS990/OtherAssetsTotalGrp/EOYAmt0998912
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt094811
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0333421
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0428232
IRS990/OtherExpensesGrp/Desc0PENSION EXPENSE
IRS990/OtherExpensesGrp/Desc1Net Capital Outlay Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045054
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1147608
IRS990/OtherExpensesGrp/ProgramServicesAmt0158443
IRS990/OtherExpensesGrp/TotalAmt0203497
IRS990/OtherExpensesGrp/TotalAmt1147608
IRS990/OtherLiabilitiesGrp/BOYAmt0972997
IRS990/OtherLiabilitiesGrp/EOYAmt01694788
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0305619
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01494335
IRS990/OtherSalariesAndWagesGrp/TotalAmt01799954
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010218
IRS990/PayrollTaxesGrp/ProgramServicesAmt035935
IRS990/PayrollTaxesGrp/TotalAmt046153
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt081150
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0285381
IRS990/PensionPlanContributionsGrp/TotalAmt0366531
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040790
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040790
IRS990/PrincipalOfficerNm0DEBORAH A PONTORIERO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM REVENUE-LINE 2
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03767146
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0881007
IRS990/PYOtherRevenueAmt0-105677
IRS990/PYRevenuesLessExpensesAmt080208
IRS990/PYSalariesCompEmpBnftPaidAmt02700254
IRS990/PYTotalExpensesAmt03581261
IRS990/PYTotalRevenueAmt03661469
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-486845
IRS990/RegularMonitoringEnfrcInd0false
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/LeaseholdImprovementsGrp/DepreciationAmt0150496
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0150496
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0998912
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES - PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-12606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11663973
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt243421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES-PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Other Current Liabilities
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0998912
IRS990ScheduleD/TotalLiabilityAmt01694788
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 CHARTER SCHOOL RECEIVES PUBLIC ASSISTANCE BY WAY OF PERCENTAGE OF LOCAL TAX LEVY PURSUANT TO REGULATIONS PROMULGATED BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION. IN ADDITION, THE CHARTER SCHOOL RECEIVES FEDERAL ASSISTANCE BY WAY OF GRANTS FROM NCLB/TITLE I AND I.D.E.A. PROGRAMS. OTHER FINANCIAL ASSISTANCE FROM GOVERNMENTAL PROGRAMS IS ALSO AVAILABLE VIA APPLICATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE PACE CHARTER SCHOOL OF HAMILTON 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 CHARTER, BY-LAWS AND PARENT HANDBOOK. THE RACIALLY NONDISCRIMINATORY POLICY IS ALSO CONTAINED ON ALL MAILINGS, ADVERTISEMENTS AND APPLICATIONS.IN ADDITION, THE PACE CHARTER SCHOOL OF HAMILTON 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 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES AND DESIGNATED SCHOOL OFFICIALS OF THE PACE CHARTER SCHOOL OF HAMILTON 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 OF THE PACE CHARTER SCHOOL OF HAMILTON 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 FOR THE CEO/LEAD PERSON OF THE CHARTER SCHOOL IS REVIEWED AND EVALUATED BY THE PACE CHARTER SCHOOL BOARD OF TRUSTEES ON AN ANNUAL BASIS. STRENGTHS, WEAKNESSES, GOALS AND ACHIEVEMENTS OF THE SCHOOL ARE ALL TAKEN INTO CONSIDERATION AND DISCUSSED WITH THE LEAD PERSON, AS WELL. THE ULTIMATE COMPENSATION EVALUATION AND RECOMMENDATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF THE PACE CHARTER SCHOOL OF HAMILTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARY AND COMPENSATION ARE REVIEWED AND EVALUATED BY THE PACE CHARTER SCHOOL LEAD PERSON/BUSINESS ADMINISTRATOR AND PRINCIPAL ON AN ANNUAL BASIS. ALL SUCH COMPENSATION EVALUATIONS AND RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF THE PACE CHARTER SCHOOL OF HAMILTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MINUTES FOR THE MEETINGS OF THE BOARD OF TRUSTEES OF THE PACE CHARTER SCHOOL OF HAMILTON ARE MADE AVAILABLE TO THE PUBLIC 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PACE CHARTER SCHOOL OF HAMILTON FOLLOWS STATE AND FEDERAL REGULATIONS AND STANDARDS GOVERNING RECORD RETENTION AND DESTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PACE CHARTER SCHOOL OF HAMILTON 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
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 & DESTRUCTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6WHISTLEBLOWER POLICY
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01467365
IRS990/TotalAssetsEOYAmt01687299
IRS990/TotalAssetsGrp/BOYAmt01467365
IRS990/TotalAssetsGrp/EOYAmt01687299
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03940878
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.04$4.05$3.99$11.2$10.4$0.83
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$3.18$3.16$10.5$9.09$1.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$4.00$1.75$8.89$8.20$0.69
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$4.62$1.06$8.28$7.53$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.83$0.40$6.96$6.81$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.47$0.24$5.85$5.40$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$1.56$0.20$5.22$5.34$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$1.51$0.08$4.45$4.49$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.69$1.73$0.04$3.83$4.32$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.02$0.45$3.66$3.58$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.56$0.36$3.31$3.26$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.05$0.59$2.29$2.19$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.06$0.49$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.06$0.60$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$1.32