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Hatikvah International Academy Charter School

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

EIN: 271102088 ✦ East brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hatikvah International Academy Charter School?

Hatikvah International Academy Charter School is a non-profit institution located at 7 Lexington Avenue, East Brunswick, New Jersey 08816. Established under a charter granted by the State of New Jersey, its primary mission involves operating and maintaining a public school, providing general education for students from kindergarten to eighth grade. As of June 30, 2022, the school had around 570 students enrolled. The organization operates as a non-profit, employing a staff of 92 individuals, committed to upholding the Charter School Program Act of 1995, P.L. 1985 et seq.


Official website here: www.hatikvahcharterschool.com

What are the reviews and ratings of this charity?

**Rating: 88% (Three-Star out of Four Star Rating on Charity Navigator)**

Hatikvah International Academy Charter School has achieved a solid Three-Star rating due to its strong performance in the Accountability & Finance category. The 88% score indicates that the school has effective oversight and governance structures in place, with an independent board of directors comprising entirely independent members, which enhances transparency and accountability.

The organization excels in various financial metrics, including a high program expense ratio of 78.94%, demonstrating its commitment to using funds for educational purposes rather than administrative costs. However, the organization has some areas for improvement, particularly concerning policies such as the whistleblower and document retention policies, both of which are currently missing from their records.

User reviews from GreatNonprofits were unavailable, leaving a gap in the firsthand feedback from the community. Overall, the financial health and governance of the Hatikvah International Academy Charter School appear commendable, though the absence of broader impact assessments leaves some aspects of its operations unevaluated.


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

Is Hatikvah International Academy Charter School legitimate?

Hatikvah International Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hatikvah International Academy Charter School 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: $444,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,421,617

For more financial information, click here


Official website here: www.hatikvahcharterschool.com

What is the mission statement of Hatikvah International Academy Charter School?

The Hatikvah International Academy Charter School is a non-profit organization, established with the authorization from the State of New Jersey, dedicated to operating and managing a public school under a charter grant. Its primary mission is to provide a general education to students, adhering to the Charter School Program Act of 1995. The school operates with a focus on implementing the charter school program, catering to approximately 570 students from grades K to 8, as of the year ended June 30, 2022. The academy aims to deliver quality education in a non-profit setting, ensuring conformity with the charter school guidelines.


Official website here: www.hatikvahcharterschool.com

Who is the CEO of Hatikvah International Academy Charter School?

Dr Marcia Grayson is the President of Hatikvah International Academy Charter School.


Official website here: www.hatikvahcharterschool.com

What is the revenue of Hatikvah International Academy Charter School?

Hatikvah International Academy Charter School's revenue in 2022 was $10,417,159.


Official website here: www.hatikvahcharterschool.com

Who are the executives of Hatikvah International Academy Charter School and what are their salaries?

The average compensation at Hatikvah International Academy Charter School during 2022 was $52,889. There are 92 employees and 5 volunteers at Hatikvah International Academy Charter School.


Here are 11 key members and their salaries:


Daniel Gresack (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harish Hathiramani (Trustee, Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Herman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawntell Manning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arie Behar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dake Zhang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristal Sharma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marcia Grayson (Director)
  • Compensation: $200,209
  • Related: $0
  • Other: $10,288
Kathleen Mone (School Business Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Rosenberg (Supervisor Of Curriculum & Instruction)
  • Compensation: $124,227
  • Related: $0
  • Other: $0
Sara Schwartz (World Language Supervisor)
  • Compensation: $113,620
  • Related: $0
  • Other: $2,370


Official website here: www.hatikvahcharterschool.com

Where can I find the form 990 for Hatikvah International Academy Charter School?

Hatikvah International Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hatikvahcharterschool.com

Learn more at the official website: www.hatikvahcharterschool.com

Mission Statement of Hatikvah International Academy Charter School

Hatikvah International Academy Charter School is a non-profit organization with a mission to operate and maintain a public school, as granted by the State of New Jersey. Established under the Charter School Program Act of 1995, this institution provides a general education to students in conformity with its charter. During the year ending June 30, 2022, the school had an enrollment of approximately 570 students, spanning grades K to 8. The primary objective of Hatikvah International Academy Charter School is to provide a quality educational environment, adhering to the principles outlined in its charter, and enabling students to grow academically and personally.

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Impact




October, 2024

Hatikvah International Academy Charter School serves as a vital educational institution in East Brunswick, New Jersey, impacting approximately 570 students in grades K to 8. By adhering to the standards of the Charter School Program Act of 1995, Hatikvah fosters a curriculum that emphasizes general education while incorporating diverse cultural perspectives.

The school's mission is to provide a rigorous and inclusive educational environment that promotes academic excellence, critical thinking, and social responsibility. Through its unique approach, Hatikvah not only enhances students' academic skills but also encourages them to engage with their community and develop a global outlook. The emphasis on a well-rounded education positions Hatikvah as a transformative force in the lives of its students and the broader community, driving educational innovation and promoting cultural appreciation.




This information is meant to be a general summary of Hatikvah International Academy Charter School. 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
$10,417,159 (2022)
Expenses
$9,935,625 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $10,417,159

Assets and Liabilities:

  • Total Assets: $2,451,769
  • Total Liabilities: $967,313
  • Net Assets: $1,484,456

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Organization Details

Founding Year

2008

Principal Officer

Dr Marcia Grayson

Main Address

7 LEXINGTON AVENUE, EAST BRUNSWICK, NJ, 08816

NTEE Category

Code: B29 - Education

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