Civic Intelligence

Ashland School Inc.

990 • Fiscal year 2015 • EIN 27-4419100

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

Organization ProfileN/A
60 Park Place Suite 802Newark, NJ 07102

(973) 622-0905

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

17.06x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Net Margin

46th percentile

3.2%

Higher net margin than 46% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$23,861,436

No earlier filing loaded for comparison.

Net Assets

$184,445

No earlier filing loaded for comparison.

Liabilities

$23,676,991

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin46th percentile

Revenue

$1,387,549

No earlier filing loaded for comparison.

Expenses

$1,343,444

No earlier filing loaded for comparison.

Net Income

$44,105

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60M$40M$20M$0Assets 2015: $23,861,436Liabilities 2015: $23,676,991Net Assets 2015: $184,4452015Assets 2016: $26,146,121Liabilities 2016: $25,719,905Net Assets 2016: $426,2162016Assets 2017: $27,655,151Liabilities 2017: $26,891,373Net Assets 2017: $763,7782017Assets 2018: $26,974,552Liabilities 2018: $26,229,176Net Assets 2018: $745,3762018Assets 2019: $26,169,298Liabilities 2019: $25,601,356Net Assets 2019: $567,9422019Assets 2020: $24,473,003Liabilities 2020: $23,969,053Net Assets 2020: $503,9502020Assets 2021: $58,063,478Liabilities 2021: $57,083,930Net Assets 2021: $979,5482021Assets 2022: $57,536,083Liabilities 2022: $55,608,301Net Assets 2022: $1,927,7822022Assets 2023: $57,388,594Liabilities 2023: $54,355,946Net Assets 2023: $3,032,6482023Assets 2024: $56,804,648Liabilities 2024: $52,494,088Net Assets 2024: $4,310,5602024

Highlighted filing

2015

Assets$23,861,436
Liabilities$23,676,991
Net Assets$184,445
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,387,549Expenses 2015: $1,343,444Net Income 2015: $44,1052015Revenue 2016: $1,589,225Expenses 2016: $1,402,932Net Income 2016: $186,2932016Revenue 2017: $2,695,675Expenses 2017: $2,358,113Net Income 2017: $337,5622017Revenue 2018: $2,492,418Expenses 2018: $2,510,820Net Income 2018: -$18,4022018Revenue 2019: $2,166,353Expenses 2019: $2,343,787Net Income 2019: -$177,4342019Revenue 2020: $2,179,741Expenses 2020: $2,243,733Net Income 2020: -$63,9922020Revenue 2021: $3,794,731Expenses 2021: $3,319,133Net Income 2021: $475,5982021Revenue 2022: $4,490,134Expenses 2022: $3,541,900Net Income 2022: $948,2342022Revenue 2023: $4,572,801Expenses 2023: $3,467,935Net Income 2023: $1,104,8662023Revenue 2024: $4,679,557Expenses 2024: $3,401,645Net Income 2024: $1,277,9122024

Highlighted filing

2015

Revenue$1,387,549
Expenses$1,343,444
Net Income$44,105
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$1,387,549
Mission and Program Overview

Mission

Ashland was organized exclusively for the benefit of, or to perform the functions of, or to carry out the purposes of fot, a new jersey non-profit organization and a public charity for purposes of section 501(c)3 of the internal revenue code of 1986, as amended.

To be organized exclusively for the benefit of, or to perform the functions of, or to carry out the purposes of the friends of team academy charter school, a new jersey non-profit organization ("fot"), a public charity for purposes of section 501(c)3 of the internal revenue code of 1986, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,567,345$13,617,838▲ $50,493
Cash and Non-Interest-Bearing Accounts$6,319,495$3,947,303▼ $2,372,192
Intangible Assets$406,066--
Accounts Receivable$38,266$80,369▲ $42,103
Total Assets$22,182,523$23,861,436▲ $1,678,913
Other Assets Total$1,851,351$6,215,926▲ $4,364,575
Liabilities
Tax Exempt Bond Liabilities$20,469,635$20,488,485▲ $18,850
Accounts Payable and Accrued Expenses$241,609$1,556,247▲ $1,314,638
Mortgage Notes Payable Secured by Investment Property-$718,631-
Other Liabilities$1,102,365$612,317▼ $490,048
Deferred Revenue$228,574$301,311▲ $72,737
Total Liabilities$22,042,183$23,676,991▲ $1,634,808
Net Assets / Fund Balance
Unrestricted Net Assets$-84,660$155,385▲ $240,045
Temporarily Rstr Net Assets$225,000$29,060▼ $195,940
Total Net Assets Fund Balance$140,340$184,445▲ $44,105
Total Liabilities and Net Assets / Fund Balance$22,182,523$23,861,436▲ $1,678,913

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,307,838$460,426$11,768,264
Land$2,310,000-$2,310,000
Other Assets Org$392,606--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Daniel AdanTrustee
Jordan MetzgerTrustee
Mikie SherrillTrustee
Hannah RichmanNon-voting Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,380,219
Investment Income
$579
Other Revenue
$6,751
Change in Net Assets
$44,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,387,549
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,387,549
Total Revenue per Form 990
$1,387,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,343,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$876,445--$876,445
Depreciation Depletion$307,287--$307,287
Occupancy$73,587--$73,587
Insurance$59,802--$59,802
Fees for Services Accounting-$15,755-$15,755
Fees for Services Legal-$7,068-$7,068
Fees for Services Other-$3,500-$3,500
Total Functional Expenses$1,317,121$26,323$0$1,343,444

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,343,444
Total Expenses per Audited Statements$1,343,444
Total Expenses per Form 990$1,343,444
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Due to Friends of Team Schools$612,317

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANew Jersey Economic Development Authority2013-11-26$20,771,737Acquire and renovate properties

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,458,462$1,690,347-$413,358

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 11

“The form 990 is provided to the board of directors for review.”

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

“Board members are asked to recuse themselves whenever matters that may present conflict of interest issues arise. Independent related party interest disclosure confirmations are sent from independent auditors on a yearly basis.”

Form 990, Part VI, Section C, Line 19

“This information is available upon request.”

Form 990, Part VI, Section C, Line 19

“All board members are provided with copies of the bylaws and governing documents. All board resolutions are executed and maintained by legal counsel.”

Filing and Contact Details

Filer

Filer Name
Ashland School Inc
EIN
27-4419100
Phone
9736220905
Address
60 PARK PLACE SUITE 802, NEWARK, NJ 07102

Signing Officer

Name
Hannah Richman
Title
Trustee
Phone
9736220905
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hannah Richman
Formed
2010
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
21 EAST MAIN STREET, WESTBORO, MA 01581
Preparer
Thomas Washburn CPA
Phone
5083669100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Ashland accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. Ashland has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2015. Ashland's information returns are subject to examination by the federal and state jurisdictions and generally remain open for the most recent three years.”

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ASI IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, OR TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE FRIENDS OF TEAM CHARTER SCHOOLS, INC., A NEW JERSEY NON-PROFIT ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FOT IS ORGANIZED TO SUPPORT CHARTER SCHOOLS IN TEAM, INCLUDING THE TWO CAMPUSES OWNED AND RENTED BY ASI
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ASI DEVELOPED AND MAINTAINED TWO SCHOOL CAMPUSES LOCATED AT 85 CUSTER AVENUE AND 21 ASHLAND STREET IN NEWARK, NJ, WHICH ARE LEASED TO TEAM ACADEMY CHARTER SCHOOLS FOR THE PURPOSES OF RUNNING FREE PUBLIC CHARTER SCHOOLS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3FOT WOULD HAVE ENGAGED IN THE DEVELOPMENT AND MAINTENANCE OF THE TWO CAMPUSES CURRENTLY OWNED BY ASI IN ORDER TO ENSURE THAT TEAM ACADEMY CHARTER SCHOOLS HAD ADEQUATE SCHOOL FACILITIES IN NEWARK, NJ
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0201018667
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE FRIENDS OF TEAM CHARTER SCHOOLS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt011307838
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0460426
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011768264
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01343444
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02310000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02310000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029060
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15794260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2392606
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM FRIENDS OF TEAM ACADEMY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2FINANCING FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0612317
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FRIENDS OF TEAM SCHOOLS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01387549
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASHLAND ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASHLAND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2015. ASHLAND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013617838
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06215926
IRS990ScheduleD/TotalExpensesPerForm990Amt01343444
IRS990ScheduleD/TotalLiabilityAmt0612317
IRS990ScheduleD/TotalRevenuePerForm990Amt01387549
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01387549
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01343444
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0THE DIFFERENCE BETWEEN THE TOTAL BOND PROCEEDS OF THE BOND ISSUE AND THE ISSUE PRICE LISTED ON PART I IS THE UNDERWRITER DISCOUNT OF $313,275
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 3:
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-11-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0222045817
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum06459182H5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt020771737
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0ACQUIRE AND RENOVATE PROPERTIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt016608657
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01746100
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0413358
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt01690347
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt020458462
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ASKED TO RECUSE THEMSELVES WHENEVER MATTERS THAT MAY PRESENT CONFLICT OF INTEREST ISSUES ARISE. INDEPENDENT RELATED PARTY INTEREST DISCLOSURE CONFIRMATIONS ARE SENT FROM INDEPENDENT AUDITORS ON A YEARLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS ARE PROVIDED WITH COPIES OF THE BYLAWS AND GOVERNING DOCUMENTS. ALL BOARD RESOLUTIONS ARE EXECUTED AND MAINTAINED BY LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE FRIENDS OF TEAM CHARTER SCHOOLS INC A NEW JERSEY NON-PROFIT ORGANIZAT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FRIENDS OF TEAM CHARTER SCHOOLS INC A NEW JERSEY NON-PROFIT ORGANIZATI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NCA FACILITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201018667
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1274419292
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 11B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt060 PARK PLACE SUITE 802
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt160 PARK PLACE SUITE 802
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEWARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEWARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007102
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd107102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt020469635
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt020488485
IRS990/TaxExemptBondsInd01
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0225000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt029060
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022182523
IRS990/TotalAssetsEOYAmt023861436
IRS990/TotalAssetsGrp/BOYAmt022182523
IRS990/TotalAssetsGrp/EOYAmt023861436
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026323
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01317121
IRS990/TotalFunctionalExpensesGrp/TotalAmt01343444
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,861,436
Liabilities
$23,676,991
Net assets
$184,445
Revenue
$1,387,549
Expenses
$1,343,444
Net income
$44,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$56.8$52.5$4.31$4.68$3.40$1.28
2023Detailed filing. Detailed filing data is available for this year.$57.4$54.4$3.03$4.57$3.47$1.10
2022Detailed filing. Detailed filing data is available for this year.$57.5$55.6$1.93$4.49$3.54$0.95
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.1$57.1$0.98$3.79$3.32$0.48
2020Detailed filing. Detailed filing data is available for this year.$24.5$24.0$0.50$2.18$2.24$0.06
2019Detailed filing. Detailed filing data is available for this year.$26.2$25.6$0.57$2.17$2.34$0.18
2018Detailed filing. Detailed filing data is available for this year.$27.0$26.2$0.75$2.49$2.51$0.02
2017Detailed filing. Detailed filing data is available for this year.$27.7$26.9$0.76$2.70$2.36$0.34
2016Detailed filing. Detailed filing data is available for this year.$26.1$25.7$0.43$1.59$1.40$0.19
2015Detailed filing. Detailed filing data is available for this year.$23.9$23.7$0.18$1.39$1.34$0.04