EIN 01-0660264

Team Academy Charter School

Name: Team Academy Charter School financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

1,073

City

Newark

State

New Jersey

Year formed

2002

Most recent tax filings

2023-06-01

NTEE code, primary

B29: Charter Schools

Description

Team Academy Charter School is a free, open-enrollment, college-preparatory public school located in Newark, NJ. It is overseen by the State of New Jersey Department of Education and dedicated to preparing students in underserved communities for success in college and life. The school offers an academic program to assist children in discovering their talents and provides a community resource and a means to develop their skills.

Total revenues

$156,931,250

2023

Total expenses

$150,297,552

2023

Total assets

$244,834,103

2023

Num. employees

1,073

2023

Program areas at Team Academy Charter School

The Team Academy Charter School is a new jersey public School overseen by the state of new jersey department of education. The School offers an academic program to assist children in discovering their talents and provides a community resource and a means to unite parents and teachers.

Who funds Team Academy Charter School

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Knowledge is Power Program (KIPP)	2023-06	School Start-Up, Covid-19 Assistance, College Persistence, Career Integration, K-12 Academics-Computer Science, Principal Pipeline & Development	$2,269,306
KIPP Team and Family Schools	2023-06	Support and Expansion for Team Public Schools in Newark, NJ.	$1,099,921
Kingston Educational Holdings I	2023-06	Support for Team Academy Charter School in Newark, NJ	$846,749
...and 2 more grants received

Personnel at Team Academy Charter School

Name	Title	Compensation	Date of data
Steve Small	Business Administration	$0	2023-12-21
Arthur Dymir	Head of Schools	$180,323	2023-06-30
Jenna Marcus	Head of Schools / School Leader	$172,056	2023-06-30
Joanna Belcher	Executive Director / School Leader	$0	2023-06-30
Mary Potter	Head of Schools	$166,123	2023-06-30
...and 3 more key personnel

Financials for Team Academy Charter School

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$156,732,093	$142,937,886	9.7%
Program services	$199,157	$105,102	89.5%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$156,931,250	$143,042,988	9.7%

Form 990s for Team Academy Charter School

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-15	990	View PDF
2022-06	2023-04-21	990	View PDF
2021-06	2022-02-24	990	View PDF
2020-06	2021-04-06	990	View PDF
2019-06	2020-09-25	990	View PDF
...and 9 more Form 990s

Organizations like Team Academy Charter School

Organization	Type	Location	Revenue
Lake Wales Charter Schools	501(c)(3)	Lake Wales, FL	$56,865,523
Camino Nuevo Charter Academy (CNCA)	501(c)(3)	Los Angeles, CA	$58,747,170
Citizens of the World Los Angeles	501(c)(3)	Los Angeles, CA	$47,256,465
George and Veronica Phalen Leadership Academies (PLA)	501(c)(3)	Indianapolis, IN	$46,371,047
Discovery Health Sciences Foundation	501(c)(3)	Kenner, LA	$47,362,507
Democracy Prep New York Charter Schools	501(c)(3)	Bronx, NY	$105,649,826
STRIVE Preparatory Schools	501(c)(3)	Denver, CO	$58,204,623
Jubilee Academic Center (JAC)	501(c)(3)	San Antonio, TX	$94,411,794
Vaughn Next Century Learning Center	501(c)(3)	San Fernando, CA	$69,840,399
Marion P Thomas Charter School (MPTCS)	501(c)(3)	Newark, NJ	$41,357,127

Data update history

August 7, 2024

Posted financials

Added Form 990 for fiscal year 2023

July 22, 2024

Updated personnel

Identified 3 new personnel

July 10, 2024

Used new vendors

Identified 5 new vendors, including , , , , and

July 10, 2024

Received grants

Identified 4 new grant, including a grant for $2,269,306 from Knowledge is Power Program (KIPP)

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

SchoolsCharter schoolsK-12 schoolsHeadquarter / parent organizationsCharities

Issues

Education

Characteristics

State / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 60 Park Pl 802; Newark, NJ 07102
Metro area: New York-Newark-Jersey City, NY-NJ-PA
County: Essex County, NJ
Website URL: kippnj.org/
Phone: (973) 705-2309
Facebook page: MeridianHealthNJ
Twitter profile: @meridiannj

IRS details

EIN: 01-0660264
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2002
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B29: Charter Schools
NAICS code, primary: 611110: Elementary and Secondary Schools
Parent/child status: Central organization

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Team Academy Charter School

Program areas at Team Academy Charter School

Who funds Team Academy Charter School

Personnel at Team Academy Charter School

Financials for Team Academy Charter School

Form 990s for Team Academy Charter School

Organizations like Team Academy Charter School

Nonprofits

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