Civic Intelligence

Ocean Academy Charter School

EIN 81-4885194 • 501(c)3 • Lakewood, NJ

Profile

To provide elementary students with a high quality and student-centered education in a safe, nurturing, and challenging environment so that all students achieve their highest level of academic success.

1650 Massachusetts AvenueLakewood, NJ 08701

www.oceanacademycharter.com

Siviq Scores

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

Liabilities / Assets

86th percentile

0.77x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

7.9%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

78th percentile

28%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$24,938,903

Up $2,104,278 (+9.2%) from 2023

Liabilities

Up

$19,125,705

Up $252,350 (+1.3%) from 2023

Net Assets

Up

$5,813,198

Up $1,851,928 (+47%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin65th percentile

Revenue

Up

$14,715,038

Up $3,339,439 (+29%) from 2023

Expenses

Up

$12,852,553

Up $2,797,582 (+28%) from 2023

Net Income

Up

$1,862,485

Up $541,857 (+41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth59th percentile

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

$30M$20M$10M$0Assets 2017: $307,677Liabilities 2017: $79,072Net Assets 2017: $228,6052017Assets 2018: $307,677Liabilities 2018: $79,072Net Assets 2018: $228,6052018Assets 2019: $736,148Liabilities 2019: $100,184Net Assets 2019: $635,9642019Assets 2020: $2,107,551Liabilities 2020: $0Net Assets 2020: $2,107,5512020Assets 2021: $4,621,617Liabilities 2021: $2,390,277Net Assets 2021: $2,231,3402021Assets 2022: $21,424,598Liabilities 2022: $18,783,956Net Assets 2022: $2,640,6422022Assets 2023: $22,834,625Liabilities 2023: $18,873,355Net Assets 2023: $3,961,2702023Assets 2024: $24,938,903Liabilities 2024: $19,125,705Net Assets 2024: $5,813,1982024

Highlighted filing

2024

Assets$24,938,903
Liabilities$19,125,705
Net Assets$5,813,198
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$15M$10M$5.0M$0Revenue 2017: $2,220,983Expenses 2017: $1,992,378Net Income 2017: $228,6052017Revenue 2018: $2,220,983Expenses 2018: $1,992,378Net Income 2018: $228,6052018Revenue 2019: $3,545,389Expenses 2019: $3,138,030Net Income 2019: $407,3592019Revenue 2020: $5,265,911Expenses 2020: $3,794,324Net Income 2020: $1,471,5872020Revenue 2021: $6,866,563Expenses 2021: $6,742,774Net Income 2021: $123,7892021Revenue 2022: $8,975,459Expenses 2022: $8,543,174Net Income 2022: $432,2852022Revenue 2023: $11,375,599Expenses 2023: $10,054,971Net Income 2023: $1,320,6282023Revenue 2024: $14,715,038Expenses 2024: $12,852,553Net Income 2024: $1,862,4852024

Highlighted filing

2024

Revenue$14,715,038
Expenses$12,852,553
Net Income$1,862,485
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,938,903
Liabilities
$19,125,705
Net assets
$5,813,198
Revenue
$14,715,038
Expenses
$12,852,553
Net income
$1,862,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.9$19.1$5.81$14.7$12.9$1.86
2023Detailed filing. Detailed filing data is available for this year.$22.8$18.9$3.96$11.4$10.1$1.32
2022Detailed filing. Detailed filing data is available for this year.$21.4$18.8$2.64$8.98$8.54$0.43
2021Detailed filing. Detailed filing data is available for this year.$4.62$2.39$2.23$6.87$6.74$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$5.27$3.79$1.47
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.10$0.64$3.55$3.14$0.41
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.08$0.23$2.22$1.99$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.08$0.23$2.22$1.99$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$14,715,038
Mission and Program Overview

Mission

Ocean academy charter school's mission is to provide elementary students with a rigorous curriculum in a safe nurturing environment, so that all students achieve their highest level of academic success. This will be accomplished through the implementation of a rigorous curriculum differentiated to meet the needs of each student within a climate of high expectations. To fulfill this mission, the administrative staff deliberately and thoughtfully works to improve instruction and student outcomes by growing and developing our staff, providing new resources and programs for out students and providing remedial instruction when needed.

To provide elementary students with a high quality and student-centered education in a safe, nurturing, and challenging environment so that all students achieve their highest level of academic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,172,686$15,001,446▼ $171,240
Cash and Non-Interest-Bearing Accounts$1,770,049$4,751,684▲ $2,981,635
Accounts Receivable$2,764,986$2,096,063▼ $668,923
Inventories for Sale or Use$2,299$2,800▲ $501
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$22,834,625$24,938,903▲ $2,104,278
Other Assets Total$3,124,605$3,086,910▼ $37,695
Liabilities
Other Liabilities$18,848,831$19,098,366▲ $249,535
Accounts Payable and Accrued Expenses$24,524$27,339▲ $2,815
Total Liabilities$18,873,355$19,125,705▲ $252,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,876,864$5,728,792▲ $1,851,928
Net Assets With Donor Restrictions$84,406$84,406→ $0
Total Net Assets Fund Balance$3,961,270$5,813,198▲ $1,851,928
Total Liabilities and Net Assets / Fund Balance$22,834,625$24,938,903▲ $2,104,278

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,572,859$724,041$14,296,900
Land$954,000-$954,000
Equipment$255,278$63,469$318,747
Leasehold Improvements$152,528$10,704$163,232
Other Land Buildings$66,781$19,383$86,164
Other Assets Org$25,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Anita LepelstatPresident
Jim MuzikowskiVice President
Aase Marie HareTrustee
David CorsoTrustee
Marshall WhiteTrustee
Raul OrellanaTrustee
Roxanne MartinTrustee
Sharon HollanderTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$14,669,175
Program Service Revenue
$45,863
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,039,577
Change in Net Assets
$1,862,485

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,715,038
Revenue Not Reported on Form 990
$196,718
Total Revenue per Audited Statements
$14,911,756
Total Revenue per Form 990
$14,715,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,538,080
Other Expenses$5,314,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,102,378$1,485,844-$5,588,222
Other Employee Benefits$1,949,858--$1,949,858
Interest$678,057--$678,057
Occupancy-$416,375-$416,375
Depreciation Depletion$318,990--$318,990
Insurance-$129,638-$129,638
Other Expenses$12,637$113,808-$126,445
All Other Expenses$98,498--$98,498
Fees for Services Legal-$62,016-$62,016
Information Technology-$23,561-$23,561
Fees for Services Accounting-$20,250-$20,250
Total Functional Expenses$8,606,102$4,246,451$0$12,852,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,049,271
Expenses per Audited Statements$12,852,553
Total Expenses per Form 990$12,852,553
Expenses Not Reported on Form 990$196,718
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
Noncurrent Liabilities$17,526,873
Premium on Bond Issuance$1,343,390
Deferred Inflows - Pers$174,544
Other Liabilities$53,559
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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

“A copy of the 990 is provided to all members of the governing body for review prior to filing the return.”

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

“The school reviews conflict disclosures as appropriate.”

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

“The school board compares compensation of top school officials to those in other charter schools and school districts.”

Form 990, Part VI, Section C, Line 19

“These documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Ocean Academy Charter School
EIN
81-4885194
Phone
7329876525
Address
1650 MASSACHUSETTS AVENUE, LAKEWOOD, NJ 08701

Signing Officer

Name
Anita Lepelstat
Title
President
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
8
Employees
143

Preparer

Firm
Jump Perry and Company LLP
Address
12 Lexington Avenue, Toms River, NJ 08753
Preparer
Kathryn Perry CPA
Phone
7322407377
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Prior Period Adjustment = -$10557”

Financial Statement Notes

Part X : FIN48 Footnote

“The charter school had no unrecognized tax benefits at june 30, 2024. The charter school files in the u.s. Federal jurisdiction. The charter school has no open years prior to june 30, 2021.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“On-behalf tpaf ltdi $795 on-behalf tpaf opeb $195923”

Part XII, Line 2D: Other expenses and losses per audited F/S

“On-behalf tpaf ltdi $795 on-behalf tpaf opeb $195923”

Raw XML AppendixShowing 400 of 457 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024524
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027339
IRS990/AccountsReceivableGrp/BOYAmt02764986
IRS990/AccountsReceivableGrp/EOYAmt02096063
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide elementary students with a high quality and student-centered education in a safe, nurturing, and challenging environment so that all students achieve their highest level of academic success.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt09039577
IRS990/AllOtherExpensesGrp/ProgramServicesAmt098498
IRS990/AllOtherExpensesGrp/TotalAmt098498
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DAVID BLOCK
IRS990/BooksInCareOfDetail/PhoneNum07329876525
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01650 MASSACHUSETTS AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKEWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008701
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01770049
IRS990/CashNonInterestBearingGrp/EOYAmt04751684
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt014669175
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05314473
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt045863
IRS990/CYRevenuesLessExpensesAmt01862485
IRS990/CYSalariesCompEmpBnftPaidAmt07538080
IRS990/CYTotalExpensesAmt012852553
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014715038
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0318990
IRS990/DepreciationDepletionGrp/TotalAmt0318990
IRS990/Desc0educational environment that supports student engagement and empowers all students to identify and utilize their own abilities and gifts.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt084406
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt084406
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0143
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt08606102
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020250
IRS990/FeesForServicesAccountingGrp/TotalAmt020250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt062016
IRS990/FeesForServicesLegalGrp/TotalAmt062016
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0AASE MARIE HARE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID CORSO
IRS990/Form990PartVIISectionAGrp/PersonNm2ROXANNE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm3MARSHALL WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON HOLLANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5RAUL ORELLANA
IRS990/Form990PartVIISectionAGrp/PersonNm6ANITA LEPELSTAT
IRS990/Form990PartVIISectionAGrp/PersonNm7JIM MUZIKOWSKI
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt05629598
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014715038
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt023561
IRS990/InformationTechnologyGrp/TotalAmt023561
IRS990/InsuranceGrp/ManagementAndGeneralAmt0129638
IRS990/InsuranceGrp/TotalAmt0129638
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0678057
IRS990/InterestGrp/TotalAmt0678057
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02299
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02800
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0817597
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015172686
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015001446
IRS990/LandBldgEquipCostOrOtherBssAmt015819043
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide elementary students with a high quality and student-centered education in a safe, nurturing, and challenging environment so that all students achieve their highest level of academic success.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03961270
IRS990/NetAssetsOrFundBalancesEOYAmt05813198
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03876864
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05728792
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0416375
IRS990/OccupancyGrp/TotalAmt0416375
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03124605
IRS990/OtherAssetsTotalGrp/EOYAmt03086910
IRS990/OtherChangesInNetAssetsAmt0-10557
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01949858
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01949858
IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FACILITIES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01877370
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1117589
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2113808
IRS990/OtherExpensesGrp/ProgramServicesAmt0801762
IRS990/OtherExpensesGrp/ProgramServicesAmt1359650
IRS990/OtherExpensesGrp/ProgramServicesAmt2284272
IRS990/OtherExpensesGrp/ProgramServicesAmt312637
IRS990/OtherExpensesGrp/TotalAmt02679132
IRS990/OtherExpensesGrp/TotalAmt1477239
IRS990/OtherExpensesGrp/TotalAmt2284272
IRS990/OtherExpensesGrp/TotalAmt3126445
IRS990/OtherLiabilitiesGrp/BOYAmt018848831
IRS990/OtherLiabilitiesGrp/EOYAmt019098366
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01485844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04102378
IRS990/OtherSalariesAndWagesGrp/TotalAmt05588222
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11313
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011331008
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03692676
IRS990/PYProgramServiceRevenueAmt044591
IRS990/PYRevenuesLessExpensesAmt01320628
IRS990/PYSalariesCompEmpBnftPaidAmt06362295
IRS990/PYTotalExpensesAmt010054971
IRS990/PYTotalRevenueAmt011375599
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01862485
IRS990/RegularMonitoringEnfrcInd0true
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/BookValueAmt013572859
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0724041
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014296900
IRS990ScheduleD/EquipmentGrp/BookValueAmt0255278
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063469
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0318747
IRS990ScheduleD/ExpensesNotReportedAmt0196718
IRS990ScheduleD/ExpensesSubtotalAmt012852553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0954000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0954000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0152528
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010704
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0163232
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01812265
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1129369
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21120276
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt325000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS - PERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LEASE ASSETS, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Restricted cash
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesIncludedAmt0196718
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066781
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019383
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt086164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0174544
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117526873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt253559
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31343390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS - PERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NONCURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREMIUM ON BOND ISSUANCE
IRS990ScheduleD/OtherRevenueAmt0196718
IRS990ScheduleD/RevenueNotReportedAmt0196718
IRS990ScheduleD/RevenueSubtotalAmt014715038
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024. THE CHARTER SCHOOL FILES IN THE U.S. FEDERAL JURISDICTION. THE CHARTER SCHOOL HAS NO OPEN YEARS PRIOR TO JUNE 30, 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ON-BEHALF TPAF LTDI $795 ON-BEHALF TPAF OPEB $195923
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ON-BEHALF TPAF LTDI $795 ON-BEHALF TPAF OPEB $195923
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015001446
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03086910
IRS990ScheduleD/TotalExpensesPerForm990Amt012852553
IRS990ScheduleD/TotalLiabilityAmt019098366
IRS990ScheduleD/TotalRevenuePerForm990Amt014715038
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014911756
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013049271
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/ExplanationTxt0OCEAN ACADEMY CHARTER SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDER, OR NATIONAL ORIGIN. STUDENTS ARE SELECTED FOR ADMISSION BY RANDOM LOTTERY WITH THE REMAINING APPLICANTS PLACED ON THE WAITING LIST. IT WILL BE MADE PERFECTLY CLEAR IN ALL ADVERTISING THAT ALL ARE WELCOMED TO APPLY; ECONOMICALLY DISADVANTAGED STUDENTS, STUDENTS WITH DISABILITIES, AND ENGLISH LANGUAGE LEARNERS. FOUNDERS WILL BE ADDRESSING SUNDAY SERVICES AT VARIOUS CHURCHES THAT HAVE LARGE POPULATIONS OF THE PUBLIC SCHOOL COMMUNITY ABOUT THE CHARTER AND HOW TO LEARN MORE ABOUT THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL, STATE, AND LOCAL GOVERNMENTS.
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL REVIEWS CONFLICT DISCLOSURES AS APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL BOARD COMPARES COMPENSATION OF TOP SCHOOL OFFICIALS TO THOSE IN OTHER CHARTER SCHOOLS AND SCHOOL DISTRICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Prior Period Adjustment = -$10557
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt022834625
IRS990/TotalAssetsEOYAmt024938903
IRS990/TotalAssetsGrp/BOYAmt022834625
IRS990/TotalAssetsGrp/EOYAmt024938903
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014669175
IRS990/TotalEmployeeCnt0143

Document Assets

No mirrored PDF or thumbnail assets are attached yet.