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Employer Identification Number 20-1018667

FRIENDS OF TEAM ACADEMY CHARTER SCHOOL is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FRIENDS OF TEAM ACADEMY CHARTER SCHOOL
Employer identification number (EIN):20-1018667
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE FRIENDS OF TEAM CHARTER SCHOOLS, INC. A NEW JERSEY NON-PROFIT ORGANIZATION (FOT) WAS ORGANIZED EXCLUSIVELY TO PROVIDE SUPPORT AND SERVICES TO TEAM ACADEMY CHARTER SCHOOL, INC. (TEAM). THE SUPPORT SERVICES INCLUDE PROVIDING FINANCIAL SUPPORT AND REAL PROPERTY SERVICES DIRECTLY TO TEAM OR TO IT'S STAFF TO FACILITATE THE PURPOSES AND PROGRAMS OF TEAM.
Number of Employees0
Number of Volunteers10
Year Formed2004

Organization Governance

Legal DomicileNJ
Voting Members - Governing Body8
Voting Members - Independent8

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,512,186
Program Service Revenue from current yearUSD $ 13,871,614
Investment Income from prior yearUSD $ 598
Investment Income from current yearUSD $ 697,461
Other Revenue from prior yearUSD $ 179,983
Other Revenue from current yearUSD $ 625,700
Gross receipts from all sourcesUSD $ 15,217,036
Net assets / fund balances at end of fiscal yearUSD $ 59,415,850
Net assets / fund balances at beginning of fiscal yearUSD $ 55,329,999
Total liabilities at end of fiscal yearUSD $ 172,897,923
Total liabilities at beginning of fiscal yearUSD $ 185,911,975
Total assets at end of fiscal yearUSD $ 232,313,773
Total assets at beginning of fiscal yearUSD $ 241,241,974
Revenues less expenses for current yearUSD $ 4,085,851
Revenues less expenses for previous yearUSD $ 3,061,681
Total expenses for current yearUSD $ 11,131,185
Total expenses for previous yearUSD $ 8,672,739
Other expenses in current yearUSD $ 11,131,185
Other expenses in previous yearUSD $ 8,672,739
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 15,217,036
Total revenue in previous fiscal yearUSD $ 11,734,420
Contributions and grants from current yearUSD $ 22,261
Contributions and grants from previous yearUSD $ 41,653
Total of other revenueUSD $ 625,700
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,308,865
Program Service Revenue from current yearUSD $ 11,512,186
Investment Income from prior yearUSD $ 157
Investment Income from current yearUSD $ 598
Other Revenue from prior yearUSD $ 990,588
Other Revenue from current yearUSD $ 179,983
Gross receipts from all sourcesUSD $ 11,734,420
Net assets / fund balances at end of fiscal yearUSD $ 55,329,999
Net assets / fund balances at beginning of fiscal yearUSD $ 52,268,318
Total liabilities at end of fiscal yearUSD $ 185,911,975
Total liabilities at beginning of fiscal yearUSD $ 140,643,421
Total assets at end of fiscal yearUSD $ 241,241,974
Total assets at beginning of fiscal yearUSD $ 192,911,739
Revenues less expenses for current yearUSD $ 3,061,681
Revenues less expenses for previous yearUSD $ 4,926,640
Total expenses for current yearUSD $ 8,672,739
Total expenses for previous yearUSD $ 7,401,905
Other expenses in current yearUSD $ 8,672,739
Other expenses in previous yearUSD $ 7,391,905
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 10,000
Total revenue in current fiscal yearUSD $ 11,734,420
Total revenue in previous fiscal yearUSD $ 12,328,545
Contributions and grants from current yearUSD $ 41,653
Contributions and grants from previous yearUSD $ 28,935
Total of other revenueUSD $ 179,983
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,622,834
Program Service Revenue from current yearUSD $ 11,308,865
Investment Income from prior yearUSD $ 7,983
Investment Income from current yearUSD $ 157
Other Revenue from prior yearUSD $ 225,486
Other Revenue from current yearUSD $ 990,588
Gross receipts from all sourcesUSD $ 12,328,545
Net assets / fund balances at end of fiscal yearUSD $ 52,268,318
Net assets / fund balances at beginning of fiscal yearUSD $ 47,341,678
Total liabilities at end of fiscal yearUSD $ 140,643,421
Total liabilities at beginning of fiscal yearUSD $ 93,553,705
Total assets at end of fiscal yearUSD $ 192,911,739
Total assets at beginning of fiscal yearUSD $ 140,895,383
Revenues less expenses for current yearUSD $ 4,926,640
Revenues less expenses for previous yearUSD $ 3,569,266
Total expenses for current yearUSD $ 7,401,905
Total expenses for previous yearUSD $ 7,327,141
Other expenses in current yearUSD $ 7,391,905
Other expenses in previous yearUSD $ 7,302,141
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 10,000
Grants and similar amounts paid in previous yearUSD $ 25,000
Total revenue in current fiscal yearUSD $ 12,328,545
Total revenue in previous fiscal yearUSD $ 10,896,407
Contributions and grants from current yearUSD $ 28,935
Contributions and grants from previous yearUSD $ 40,104
Total of other revenueUSD $ 990,588
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,621,948
Program Service Revenue from current yearUSD $ 10,622,834
Investment Income from prior yearUSD $ 11,014
Investment Income from current yearUSD $ 7,983
Other Revenue from prior yearUSD $ 100,731
Other Revenue from current yearUSD $ 225,486
Gross receipts from all sourcesUSD $ 10,896,407
Net assets / fund balances at end of fiscal yearUSD $ 47,341,678
Net assets / fund balances at beginning of fiscal yearUSD $ 43,772,412
Total liabilities at end of fiscal yearUSD $ 93,553,705
Total liabilities at beginning of fiscal yearUSD $ 84,779,505
Total assets at end of fiscal yearUSD $ 140,895,383
Total assets at beginning of fiscal yearUSD $ 128,551,917
Revenues less expenses for current yearUSD $ 3,569,266
Revenues less expenses for previous yearUSD $ 3,176,346
Total expenses for current yearUSD $ 7,327,141
Total expenses for previous yearUSD $ 8,633,573
Other expenses in current yearUSD $ 7,302,141
Other expenses in previous yearUSD $ 8,603,823
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 25,000
Grants and similar amounts paid in previous yearUSD $ 29,750
Total revenue in current fiscal yearUSD $ 10,896,407
Total revenue in previous fiscal yearUSD $ 11,809,919
Contributions and grants from current yearUSD $ 40,104
Contributions and grants from previous yearUSD $ 1,076,226
Total of other revenueUSD $ 225,486
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,170,516
Program Service Revenue from current yearUSD $ 10,621,948
Investment Income from prior yearUSD $ 5,557
Investment Income from current yearUSD $ 11,014
Other Revenue from prior yearUSD $ 30,457
Other Revenue from current yearUSD $ 100,731
Gross receipts from all sourcesUSD $ 11,809,919
Net assets / fund balances at end of fiscal yearUSD $ 43,772,412
Net assets / fund balances at beginning of fiscal yearUSD $ 40,873,836
Total liabilities at end of fiscal yearUSD $ 84,779,505
Total liabilities at beginning of fiscal yearUSD $ 69,876,198
Total assets at end of fiscal yearUSD $ 128,551,917
Total assets at beginning of fiscal yearUSD $ 110,750,034
Revenues less expenses for current yearUSD $ 3,176,346
Revenues less expenses for previous yearUSD $ 2,992,035
Total expenses for current yearUSD $ 8,633,573
Total expenses for previous yearUSD $ 7,707,737
Other expenses in current yearUSD $ 8,603,823
Other expenses in previous yearUSD $ 7,632,737
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 29,750
Grants and similar amounts paid in previous yearUSD $ 75,000
Total revenue in current fiscal yearUSD $ 11,809,919
Total revenue in previous fiscal yearUSD $ 10,699,772
Contributions and grants from current yearUSD $ 1,076,226
Contributions and grants from previous yearUSD $ 493,242
Total of other revenueUSD $ 100,731
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,971,028
Program Service Revenue from current yearUSD $ 10,170,516
Investment Income from prior yearUSD $ 2,577
Investment Income from current yearUSD $ 5,557
Other Revenue from prior yearUSD $ 442
Other Revenue from current yearUSD $ 30,457
Gross receipts from all sourcesUSD $ 10,699,772
Net assets / fund balances at end of fiscal yearUSD $ 40,873,836
Net assets / fund balances at beginning of fiscal yearUSD $ 36,782,241
Total liabilities at end of fiscal yearUSD $ 69,876,198
Total liabilities at beginning of fiscal yearUSD $ 74,267,574
Total assets at end of fiscal yearUSD $ 110,750,034
Total assets at beginning of fiscal yearUSD $ 111,049,815
Revenues less expenses for current yearUSD $ 2,992,035
Revenues less expenses for previous yearUSD $ 4,976,638
Total expenses for current yearUSD $ 7,707,737
Total expenses for previous yearUSD $ 8,177,831
Other expenses in current yearUSD $ 7,632,737
Other expenses in previous yearUSD $ 7,527,493
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 75,000
Grants and similar amounts paid in previous yearUSD $ 650,338
Total revenue in current fiscal yearUSD $ 10,699,772
Total revenue in previous fiscal yearUSD $ 13,154,469
Contributions and grants from current yearUSD $ 493,242
Contributions and grants from previous yearUSD $ 3,180,422
Total of other revenueUSD $ 30,457
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,840,100
Program Service Revenue from current yearUSD $ 9,971,028
Investment Income from prior yearUSD $ 402,943
Investment Income from current yearUSD $ 2,577
Other Revenue from prior yearUSD $ 74,560
Other Revenue from current yearUSD $ 442
Gross receipts from all sourcesUSD $ 13,154,469
Net assets / fund balances at end of fiscal yearUSD $ 36,782,241
Net assets / fund balances at beginning of fiscal yearUSD $ 30,042,310
Total liabilities at end of fiscal yearUSD $ 74,267,574
Total liabilities at beginning of fiscal yearUSD $ 80,020,369
Total assets at end of fiscal yearUSD $ 111,049,815
Total assets at beginning of fiscal yearUSD $ 110,062,679
Revenues less expenses for current yearUSD $ 4,976,638
Revenues less expenses for previous yearUSD $ 3,908,734
Total expenses for current yearUSD $ 8,177,831
Total expenses for previous yearUSD $ 10,254,101
Other expenses in current yearUSD $ 7,527,493
Other expenses in previous yearUSD $ 7,996,152
Total fundraising expenses in current yearUSD $ 2,430
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 650,338
Grants and similar amounts paid in previous yearUSD $ 2,257,949
Total revenue in current fiscal yearUSD $ 13,154,469
Total revenue in previous fiscal yearUSD $ 14,162,835
Contributions and grants from current yearUSD $ 3,180,422
Contributions and grants from previous yearUSD $ 1,845,232
Total of other revenueUSD $ 442

Other Company Names associated with EIN

FRIENDS OF TEAM ACADEMY CHARTER SCHOOL INC
THE FRIENDS OF TEAM CHARTER SCHOOLS

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 201018667

USA Mailing Address
85 CUSTER AVENUE
NEWARK
NJ
07112
Date first seen: 2007-01-01
Date last seen: 2023-12-31
USA Mailing Address
60 PARK PLACE SUITE 802
NEWARK
NJ
07102
Date first seen: 2007-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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