Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
13th percentile
Higher debt load relative to revenue than 13% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Flat$2,771,423
Flat from 2023
Net Assets
Flat$2,648,235
Flat from 2023
Liabilities
Flat$123,188
Flat from 2023
Revenue And Expenses
Revenue
Flat$7,799,916
Flat from 2023
Expenses
Flat$7,062,443
Flat from 2023
Net Income
Flat$737,473
Flat from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- May 14, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $7,799,916
Mission and Program Overview
Mission
MIDDLESEX COUNTY STEM CHARTER SCHOOL provides a full range of services appropriate to the elementary grades. These services include regular, as well as, special education and basic skills instruction. The Charter School completed its 5th year of operation for the 2022-2023 school year.
See Schedule O
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $690,615 | $1,827,468 | ▲ $1,136,853 |
| Pledges and Grants Receivable | $1,332,515 | $886,163 | ▼ $446,352 |
| Total Assets | $2,080,922 | $2,771,423 | ▲ $690,501 |
| Other Assets Total | $57,792 | $57,792 | → $0 |
| Liabilities | |||
| Deferred Revenue | $32,618 | $69,619 | ▲ $37,001 |
| Accounts Payable and Accrued Expenses | $125,204 | $53,569 | ▼ $71,635 |
| Grants Payable | $12,338 | - | - |
| Total Liabilities | $170,160 | $123,188 | ▼ $46,972 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,904,023 | $2,648,235 | ▲ $744,212 |
| Net Assets With Donor Restrictions | $6,739 | - | - |
| Total Net Assets Fund Balance | $1,910,762 | $2,648,235 | ▲ $737,473 |
| Total Liabilities and Net Assets / Fund Balance | $2,080,922 | $2,771,423 | ▲ $690,501 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Dr Namik Sercan | CEO | PT | $92,000 | $92,000 |
| Ms Fiona Daubon | Sba | PT | $50,000 | $50,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Mrs Jackie Lewis | President |
| Mr Anthony Attanasio | Vice President |
| Mr David Vitali | Member |
| Mr John Cascarano | Member |
| Ms Jessenia Morales | Member |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $7,799,916
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $123,720
- Change in Net Assets
- $737,473
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $7,799,916
- Total Revenue per Audited Statements
- $7,799,916
- Total Revenue per Form 990
- $7,799,916
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $5,107,921 |
| Other Expenses | $1,954,522 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $3,378,992 | $761,930 | - | $4,140,922 |
| Other Employee Benefits | $789,071 | $177,928 | - | $966,999 |
| Occupancy | $642,442 | $144,864 | - | $787,306 |
| Other Expenses | $128,414 | $28,956 | - | $157,370 |
| All Other Expenses | $62,435 | $14,078 | - | $76,513 |
| Insurance | $18,830 | $4,246 | - | $23,076 |
| Total Functional Expenses | $5,762,953 | $1,299,490 | $0 | $7,062,443 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $7,062,443 |
| Total Expenses per Audited Statements | $7,062,443 |
| Total Expenses per Form 990 | $7,062,443 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
| Liability | Amount |
|---|---|
| Federal income taxes | - |
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 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
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 11B
“The board reviews the form 990 before filing”
Form 990, Part VI, Line 15A and B
“All compensation of all employees is reviewed and evaluated by the Board of Trustees of the Middlesex County Stem Charter School.”
Form 990, Part VI, Line 19
“All of the minutes of the meetings and Annual Audit and financial reports etc are available upon request.”
Form 990, Part VI, Line 19
“The Charter School follows the Federal and State of NJ regulations and standards governing the record retention and destruction.”
Form 990, Part VI, Line 19
“The school maintains an extensive written Whistleblower Policy”
Filing and Contact Details
Filer
- Filer Name
- Middlesex County Stem Charter School
- EIN
- 82-4816745
- In Care Of
- % Namik Sercan
- Phone
- 8482421818
- Address
- 613 CARLOCK AVENUE, PERTH AMBOY, NJ 08861
Signing Officer
- Name
- Namik Sercan
- Title
- Chief Education Officer
- Phone
- 8482421818
- Signed
- 2024-05-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Namik Sercan
- Formed
- 2018
- Legal Domicile
- Nj
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 142
Preparer
- Firm
- Scott J Loeffler CPA
- Address
- 186 COLUMBIA TPKE 5145, FLORHAM PARK, NJ 07932
- Preparer
- Scott J Loeffler CPA
- Phone
- 9735854989
Supplemental Narrative
Additional Explanations
Form 990, Part I, Section E, Line 3
“Racially Nondiscrimination Policy Practiced MIddlesex County Stems Charter School maintains a racially nondiscriminatory policy towards all students, in that the charter school coes ot discriminate against any student, or employee, for reasons of race, color, creed, sex, age, religion, ethnic origin, family affiliation, disabilities, social or economic status, marital status, sexual orientation, or because of liability for service in the United States Armed Forces. The racially nondiscriminatory policy is contained in the school by-laws an dis communicated to students and parents. Furthermore, this policy is set forth in the charter school brochure, and it will be displayed on its website.”
Form 990, Part I, Section E, Line 6
“EXPLANATION OF AID OR ASSISTANCE FROM GOVERNMENTAL AGENCY The 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 additon the charter school receives Federal assistance by way of grants from NCLB/Title I an I.D.E.A. programs. Othr financial assistance from governmental programs is also available via application.”
Form 990, Part I, Section 1, Line 1
“Organization Mission or Significant Activities The mission of the Middlesex County Stem Charter School is to provide rigorous science, technology, engineering and math curricula in a diverse and nurturing environment to spark students interest at early ages in STEM careers. The vision of Middlesex County Stem Charter School is to prepart students for the 21st century, which demands a more compresensive skill set to be prssessed by each member of our society. Due to constant technological breakthroughs, our students will enter a global market where they will compete wit people from all over the world for high-tech jobs that require critical thinking and problem solving skills. Sparking students interest at early ages, Middlesex County Stem Charter School helps students prepare for such a market by exposing them to a comprehensive science, technology , engineering, and math program with rigor and relevance. Middlesex County Stem Charter Schools STEM oriented instructional model promotes collaborative , cross-curricular learning, which stimulates meaningful connections to real life problems, and encompasses hands-on, problem based, and inquiry based teaching and learning with increased use of technology. Having been exposed to this approach through the middle school, Middlesex County STEM Charter School graduates will be motivated to pursue STEM education in high school and beyond.”
Raw XML Appendix373 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 125204 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 53569 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | See Schedule O |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 123720 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14078 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 62435 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 76513 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | The School |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8482421818 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 613 Carlock Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Perth Amboy |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 08861 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 690615 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1827468 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7799916 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 1954522 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 737473 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 5107921 |
| IRS990/CYTotalExpensesAmt | 0 | 7062443 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7799916 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 32618 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 69619 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | MIDDLESEX COUNTY STEM CHARTER SCHOOL provides a full range of instructional services appropriate to students.These services include regular, but not limited to college prep instruction, English lnguage learners and remedial instructionspecial education and basic skills instruction. The Charter School completed its 5th year of operation for the 2022-2023 school year. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6739 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 142 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 5762953 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 020.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 020.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Dr Namik Sercan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ms Fiona Daubon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Mrs Jackie Lewis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Mr Anthony Attanasio |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Mr John Cascarano |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Mr David Vitali |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Ms Jessenia Morales |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 92000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 50000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SBA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 7676196 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 12338 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 7799916 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4246 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 18830 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 23076 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 31 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | MIDDLESEX COUNTY STEM CHARTER SCHOOL provides a full range of services appropriate to the elementary grades. These services include regular, as well as, special education and basic skills instruction. The Charter School completed its 5th year of operation for the 2022-2023 school year. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1910762 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2648235 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1904023 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2648235 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 144864 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 642442 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 787306 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 57792 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 57792 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 177928 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 789071 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 966999 |
| IRS990/OtherExpensesGrp/Desc | 0 | Professional and Technical Services |
| IRS990/OtherExpensesGrp/Desc | 1 | Other Purchased Services |
| IRS990/OtherExpensesGrp/Desc | 2 | Supplies, Textbook, Student Activity |
| IRS990/OtherExpensesGrp/Desc | 3 | Instructional non instr equipment, objects |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 34431 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 58960 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 74097 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 28956 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 152692 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 261473 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 328604 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 128414 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 187123 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 320433 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 402701 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 157370 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 761930 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 3378992 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 4140922 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 1332515 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 886163 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | Namik Sercan |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 5533863 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1822070 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 50989 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 628831 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3133951 |
| IRS990/PYTotalExpensesAmt | 0 | 4956021 |
| IRS990/PYTotalRevenueAmt | 0 | 5584852 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 737473 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 7799916 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 7062443 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 7799916 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 7062443 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 7799916 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 7799916 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 7062443 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The school is a Public Charter School that receives ESEA and IDEA Grants for education of students within the school. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | 6a |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Racially Nondiscrimination Policy Practiced MIddlesex County Stems Charter School maintains a racially nondiscriminatory policy towards all students, in that the charter school coes ot discriminate against any student, or employee, for reasons of race, color, creed, sex, age, religion, ethnic origin, family affiliation, disabilities, social or economic status, marital status, sexual orientation, or because of liability for service in the United States Armed Forces. The racially nondiscriminatory policy is contained in the school by-laws an dis communicated to students and parents. Furthermore, this policy is set forth in the charter school brochure, and it will be displayed on its website. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPLANATION OF AID OR ASSISTANCE FROM GOVERNMENTAL AGENCY The 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 additon the charter school receives Federal assistance by way of grants from NCLB/Title I an I.D.E.A. programs. Othr financial assistance from governmental programs is also available via application. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Organization Mission or Significant Activities The mission of the Middlesex County Stem Charter School is to provide rigorous science, technology, engineering and math curricula in a diverse and nurturing environment to spark students interest at early ages in STEM careers. The vision of Middlesex County Stem Charter School is to prepart students for the 21st century, which demands a more compresensive skill set to be prssessed by each member of our society. Due to constant technological breakthroughs, our students will enter a global market where they will compete wit people from all over the world for high-tech jobs that require critical thinking and problem solving skills. Sparking students interest at early ages, Middlesex County Stem Charter School helps students prepare for such a market by exposing them to a comprehensive science, technology , engineering, and math program with rigor and relevance. Middlesex County Stem Charter Schools STEM oriented instructional model promotes collaborative , cross-curricular learning, which stimulates meaningful connections to real life problems, and encompasses hands-on, problem based, and inquiry based teaching and learning with increased use of technology. Having been exposed to this approach through the middle school, Middlesex County STEM Charter School graduates will be motivated to pursue STEM education in high school and beyond. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The board reviews the form 990 before filing |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | All compensation of all employees is reviewed and evaluated by the Board of Trustees of the Middlesex County Stem Charter School. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | All of the minutes of the meetings and Annual Audit and financial reports etc are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The Charter School follows the Federal and State of NJ regulations and standards governing the record retention and destruction. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | The school maintains an extensive written Whistleblower Policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part I, Section E, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part I, Section E, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part I, Section 1, Line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 15A and B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Line 19 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2080922 |
| IRS990/TotalAssetsEOYAmt | 0 | 2771423 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2080922 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2771423 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 7799916 |
| IRS990/TotalEmployeeCnt | 0 | 142 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1299490 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 5762953 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 7062443 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 170160 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 123188 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 170160 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 123188 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1910762 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2648235 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 5762953 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 142000 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 7799916 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2080922 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2771423 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 613 Carlock Ave |
| IRS990/USAddress/CityNm | 0 | Perth Amboy |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 08861 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Namik Sercan |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chief Education Officer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8482421818 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MIDDLESEX COUNTY STEM CHARTER SCHOOL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MIDD |
| ReturnHeader/Filer/EIN | 0 | 824816745 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Namik Sercan |
| ReturnHeader/Filer/PhoneNum | 0 | 8482421818 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 613 CARLOCK AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PERTH AMBOY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 08861 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 223200416 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCOTT J LOEFFLER CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 186 COLUMBIA TPKE 5145 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FLORHAM PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07932 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9735854989 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT J LOEFFLER CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-05-14T09:12:21-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Namik |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Sercan |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,771,423
- Liabilities
- $123,188
- Net assets
- $2,648,235
- Revenue
- $7,799,916
- Expenses
- $7,062,443
- Net income
- $737,473