Overview
What is Ashland School Inc?
Ashland School Inc, established with a purpose aligned with the Friends of TEAM Charter Schools Inc, is a nonprofit organization based in Newark, New Jersey. Its primary mission is to support TEAM Academy Charter Schools, Inc., a New Jersey charter school, by leasing them properties located at 229 18th Avenue, 85 Custer Avenue, and 21 Ashland Street, all of which are schools within its scope. Ashland operates with the aim of advancing the objectives of its affiliated nonprofit organization, which falls under Section 501(C)3 of the Internal Revenue Code. Its activities primarily revolve around providing rental income for these educational facilities, thereby contributing to the educational sector in Newark, New Jersey.
Is Ashland School Inc legitimate?
Ashland School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashland 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: $0
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What is the mission statement of Ashland School Inc?
Ashland School Inc was established for the benefit of, or to perform the functions of, or to carry out the purposes of Friends of Team Charter Schools Inc, a New Jersey non-profit organization and a public charity under Section 501(c)3 of the Internal Revenue Code of 1986. The mission of Ashland School Inc is aligned with that of Friends of Team Charter Schools Inc, with the primary objective being to support Team Academy Charter Schools Inc, a New Jersey charter school. Ashland School Inc earns rental income from properties leased to Team Academy Charter Schools Inc, which are utilized as schools, furthering the mission of Ashland School Inc. The properties are located at 229 18th Avenue, 85 Custer Avenue, and 21 Ashland Street, all in Newark, New Jersey.
Who is the CEO of Ashland School Inc?
Gabriella Difilippo is the Non-Voting Secretary of Ashland School Inc.
What is the revenue of Ashland School Inc?
Ashland School Inc's revenue in 2022 was $4,490,134.
Who are the executives of Ashland School Inc and what are their salaries?
There 3 volunteers at Ashland School Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Ashland School Inc?
Ashland School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashland School Inc
Ashland School Inc, as an organization, was established primarily to support the activities, functions, or carry out the purposes of The Friends of Team Charter Schools Inc, a New Jersey-based non-profit and public charity under Section 501(C)3 of the Internal Revenue Code of 1986. This mission statement of Ashland School Inc is directed towards benefiting this non-profit organization and contributing to its objectives.
The core focus of Ashland School Inc can be understood by examining its rental income from properties located at 229 18th Avenue, 85 Custer Avenue, and 21 Ashland Street, all of which are schools in Newark, New Jersey. These schools are leased to The Team Academy Charter Schools Inc, a New Jersey charter school that falls within Ashland School Inc's mission statement. By providing these properties for educational purposes, Ashland School Inc plays a significant role in supporting the educational initiatives of The Team Academy Charter Schools Inc, furthering the objectives of its partner organization, The Friends of Team Charter Schools Inc.
In summary, Ashland School Inc is an organization with a mission to contribute to the activities and purposes of The Friends of Team Charter Schools Inc, a New Jersey non-profit. It fulfills this mission by leasing properties to The Team Academy Charter Schools Inc, a New Jersey charter school, thereby supporting the educational initiatives of this charter school and furthering the objectives of its partner organization.
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Impact
October, 2024
Ashland School Inc plays a vital role in supporting education in Newark, New Jersey, by providing essential facilities for the Team Academy Charter Schools. By managing and renting properties specifically designated for educational purposes, Ashland ensures that these schools have the space needed to operate effectively and serve their students. The organization’s focus on maintaining and facilitating the use of these school properties directly impacts the quality of education available to the local community.
The schools leased by Ashland help foster a learning environment that aims to empower students, providing them with the resources and support necessary for academic success. This not only contributes to individual student achievement but also strengthens the community's educational framework, ensuring that children have access to quality schooling options. Through its commitment to education, Ashland School Inc enhances the overall well-being of Newark's youth and contributes to the development of a more educated and engaged citizenry.
This information is meant to be a general summary of Ashland 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.
- Investment Income: $52,815
- Program Service Revenue: $4,437,319
- Gross Receipts: $4,490,134
Assets and Liabilities:
- Total Assets: $57,536,083
- Total Liabilities: $55,608,301
- Net Assets: $1,927,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$4,437,319
Organization Details
Founding Year
2010
Phone
(973) 622-0905Principal Officer
Gabriella Difilippo
Main Address
60 PARK PLACE SUITE 802, NEWARK, NJ, 07102
NTEE Category
Code: B11 - Education
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