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Princeton Charter School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223505511 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Princeton Charter School Inc?

Princeton Charter School Inc, located in Princeton, New Jersey, is a publicly funded K-8 educational institution that operates under the Charter School Program Act of 1995. As a Local Education Agency (LEA) recognized by the State of New Jersey's Department of Education, the school adheres to the NJ Core Curriculum Standards, encompassing various disciplines like reading, language arts, mathematics, science, social studies, world languages, and physical education/health. The school's admission process is barrier-free, with a random lottery held annually. The school's mission lies in providing a diverse student body with a high-quality education, focusing on fundamental academic disciplines in an environment that promotes academic achievement. With a commitment to thorough and efficient learning, Princeton Charter School Inc employs a rigorous curriculum that emphasizes mastery of core knowledge and skills. The school currently employs 84 individuals.


Official website here: www.pcs.k12.nj.us

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star Rating

Princeton Charter School Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization achieved a score of 81%, with the entire rating derived from its accountability and finance metrics. This score highlights the nonprofit's commitment to maintaining transparency and effective financial practices.

Strengths of Princeton Charter School include a fully independent board, which comprises 100% independent members, and a strong program expense ratio of 90.66%. The organization also excels in various governance areas, with top marks for its audit and oversight committee, conflict of interest policy, and whistleblower policies. This indicates a robust structure aimed at safeguarding the interests of stakeholders.

However, while the financial management and governance aspects are commendable, the overall rating reflects that there may be areas for improvement beyond financial accountability. Specific details on program effectiveness or community impact were not provided, suggesting potential gaps in the assessment of the nonprofit's broader mission objectives.


This AI summary has been generated from information found on Charity Navigator.

Is Princeton Charter School Inc legitimate?

Princeton Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton 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: $186,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,194,650

For more financial information, click here


Official website here: www.pcs.k12.nj.us

What is the mission statement of Princeton Charter School Inc?

Princeton Charter School Inc's mission is centered around providing an excellent education to its diverse student body. The school emphasizes the fundamental academic disciplines in an environment that encourages academic achievement. By focusing on a rigorous curriculum that requires mastery of core knowledge and skills, Princeton Charter School Inc aims to offer the community a genuine choice in public education. The institution believes that achieving a "thorough and efficient" education is best accomplished through this rigorous approach.


Official website here: www.pcs.k12.nj.us

Who is the CEO of Princeton Charter School Inc?

Stefanos Damianakis is the President of Princeton Charter School Inc.


Official website here: www.pcs.k12.nj.us

What is the revenue of Princeton Charter School Inc?

Princeton Charter School Inc's revenue in 2022 was $10,123,639.


Official website here: www.pcs.k12.nj.us

Who are the executives of Princeton Charter School Inc and what are their salaries?

The average compensation at Princeton Charter School Inc during 2022 was $52,159. There are 84 employees and 9 volunteers at Princeton Charter School Inc.


Here are 16 key members and their salaries:


Stefanos Damianakis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorie Roth (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanna Choe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minzhi Liu (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Weihe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harlan Tenenbaum (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Troyanskaya (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rupal Kothari (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rakesh Kumar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence D Patton (Head Of School)
  • Compensation: $186,723
  • Related: $0
  • Other: $0
Dr Brian Falkowski (Business Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Eckstrom (Asst Head Of School)
  • Compensation: $125,210
  • Related: $0
  • Other: $0
Martha Toma (Teacher)
  • Compensation: $107,017
  • Related: $0
  • Other: $7,909
Gail Wilbur (Asst Head Of School)
  • Compensation: $145,217
  • Related: $0
  • Other: $16,102
Lisbeth Kelley (Teacher)
  • Compensation: $106,217
  • Related: $0
  • Other: $0
Sabina Khachatrian (Teacher)
  • Compensation: $107,069
  • Related: $0
  • Other: $0


Official website here: www.pcs.k12.nj.us

Where can I find the form 990 for Princeton Charter School Inc?

Princeton Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pcs.k12.nj.us

Learn more at the official website: www.pcs.k12.nj.us

Mission Statement of Princeton Charter School Inc

Princeton Charter School Inc, an independently operated K-8 public school, is dedicated to providing its diverse student body with an exceptional education. The school achieves this mission by focusing on the fundamental academic disciplines in an environment that promotes academic achievement. Princeton Charter School believes that a comprehensive and efficient education can be achieved through a rigorous curriculum that requires mastery of core knowledge and skills. By implementing this approach, the school aims to offer the community a genuine choice in public education.

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Impact




October, 2024

Princeton Charter School Inc. significantly enhances educational opportunities for students in the Princeton area by offering an independently operated K-8 public school that adheres to the New Jersey Charter School Program Act. The school provides a rigorous curriculum, guided by the New Jersey Core Curriculum Standards across various subjects, including reading, mathematics, science, social studies, world languages, and the arts.

By focusing on cumulative knowledge acquisition and well-defined grade-specific outcomes, Princeton Charter School cultivates a comprehensive educational environment aimed at academic mastery. Its mission emphasizes serving a diverse student body in a manner that promotes academic achievement and offers genuine choices within public education.

Access to the school is equitable, with a random lottery ensuring that there are no barriers to admission. This approach not only supports diversity but also enriches the educational experience for all students. Overall, Princeton Charter School Inc. plays a vital role in the educational landscape by providing high-quality education that benefits both students and the broader community.




This information is meant to be a general summary of Princeton 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.

Revenue
$10,123,639 (2022)
Expenses
$9,664,985 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $199,053
  • Gross Receipts: $10,123,639

Assets and Liabilities:

  • Total Assets: $15,837,825
  • Total Liabilities: $12,242,687
  • Net Assets: $3,595,138

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FOOD SERVICE PROGRAM

Revenue

$199,053

Organization Details

Founding Year

1997

Principal Officer

Stefanos Damianakis

Main Address

100 BUNN DRIVE, PRINCETON, NJ, 08540

NTEE Category

Code: B20 - Education

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