Overview
What is Team Academy Charter School Inc?
Team Academy Charter School Inc, located at 60 Park Place 802 in Newark, New Jersey, is a publicly-funded educational institution overseen by the New Jersey Department of Education. With a staff of 960 employees, this charter school aims to support children from underprivileged backgrounds and help them uncover their unique talents. The academic program is college-preparatory in nature, designed to prepare students for future success in higher education and life. Team Academy Charter School functions as a community resource, fostering collaboration between parents and teachers. Its mission is to provide an enriching environment for students to thrive and grow.
Official website here: www.teamacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Team Academy Charter School Inc has received a Three-Star rating from Charity Navigator, highlighting a strong accountability and finance performance. The score is primarily based on transparency and governance, where the organization excels with a fully independent board and comprehensive policy implementation, including conflict of interest and whistleblower protections.
The organization demonstrates commendable financial practices, reflected in a high program expense ratio of 75.87%, indicating that a significant portion of its funds is directed towards its educational programs. Additionally, it has shown effective oversight with all required financial statements and practices in place, contributing to its positive accountability score.
However, the organization faces some challenges, evidenced by its liabilities to assets ratio of 90.71%, indicating potential financial strain. While the overall governance and financial accountability are robust, monitoring its liabilities will be essential to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Team Academy Charter School Inc legitimate?
Team Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Academy Charter School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,259,325
For more financial information, click here
Official website here: www.teamacademy.org
What is the mission statement of Team Academy Charter School Inc?
Team Academy Charter School is a public school dedicated to preparing students in underserved communities for success in college and life. Overseen by the New Jersey Department of Education, the school provides an academic program that helps children discover their talents and offers a community resource, acting as a bridge that unites parents and teachers. The mission of Team Academy Charter School is to assist students in their academic journey while fostering a sense of unity among families and educators. The school's primary goal is to create an environment that supports the personal growth of each student, enabling them to reach their full potential and excel both academically and personally.
Official website here: www.teamacademy.org
Who is the CEO of Team Academy Charter School Inc?
Steven Small is the School Leader of Team Academy Charter School Inc.
Official website here: www.teamacademy.org
What is the revenue of Team Academy Charter School Inc?
Team Academy Charter School Inc's revenue in 2022 was $143,042,988.
Official website here: www.teamacademy.org
Who are the executives of Team Academy Charter School Inc and what are their salaries?
The average compensation at Team Academy Charter School Inc during 2022 was $61,728. There are 960 employees and 13 volunteers at Team Academy Charter School Inc.
Here are 15 key members and their salaries:
- Compensation: $168,754
- Related: $0
- Other: $25,851
- Compensation: $162,890
- Related: $0
- Other: $25,851
- Compensation: $150,973
- Related: $0
- Other: $25,851
- Compensation: $169,136
- Related: $0
- Other: $1,200
- Compensation: $143,422
- Related: $0
- Other: $24,651
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.teamacademy.org
Where can I find the form 990 for Team Academy Charter School Inc?
Team Academy Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamacademy.org
Learn more at the official website: www.teamacademy.org
Mission Statement of Team Academy Charter School Inc
Team Academy Charter School Inc, a New Jersey public school overseen by the State Department of Education, is dedicated to preparing students from underserved communities for success in college and life. This institution goes beyond academics, serving as a community resource that fosters unity between parents and teachers.
The Team Academy Charter School provides an academic program that assists children in discovering their unique talents. By offering a nurturing and supportive environment, students are encouraged to explore their potential, enabling them to reach their goals. The school's commitment extends beyond the classroom, creating opportunities for students to grow both personally and academically. With a strong focus on community engagement, Team Academy Charter School provides a platform for parents and teachers to collaborate, forming a powerful network of support for students.
Team Academy Charter School's mission is to empower students from disadvantaged backgrounds by providing them with the necessary tools and resources to succeed. By fostering a strong sense of community and encouraging collaboration between parents, teachers, and students, the school creates an atmosphere of learning and growth. Through its academic programs and community initiatives, Team Academy Charter School is committed to making a positive impact on the lives of its students and helping them reach their full potential.
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Impact
August, 2024
Team Academy Charter School Inc's impact is profound in the New Jersey community of Newark. It serves as a vital educational resource for students in underserved areas, offering a college-preparatory program that equips them for success in both higher education and life. By providing a platform for children to discover their talents and fostering unity among parents and teachers, Team Academy Charter School contributes significantly to the educational advancement and empowerment of its students.
This information is meant to be a general summary of Team Academy Charter School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $105,102
- Gross Receipts: $143,042,988
Assets and Liabilities:
- Total Assets: $203,861,909
- Total Liabilities: $187,765,720
- Net Assets: $16,096,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICE
Revenue
$105,102
Organization Details
Founding Year
2002
Phone
(973) 705-2309Principal Officer
Steven Small
Main Address
60 PARK PLACE 802, NEWARK, NJ, 07102
Website
www.teamacademy.orgNTEE Category
Code: B29 - Education
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