Ctc Academy Inc
- Assets
- $27.0m
- Revenue
- $16.3m
- Investments
- $1.0k
- Employees
- 287
- Location
- Fair Lawn, NJ
- Founding
- 08/1955
- Data as of
- 06/2022
- EIN
- 22-1508549
Organization Overview
Ctc Academy Inc is located in Fair Lawn, NJ. The organization was established in 1955. As of 06/2022, Ctc Academy Inc employed 287 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ctc Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Ctc Academy Inc generated $16.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $16.0m during the year ending 06/2022. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CTC ACADEMY PROVIDES EDUCATIONAL AND THERAPEUTIC SERVICES FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES. A MULTI-SENSORY APPROACH IS UTILIZED IN A NURTURING AND CARING ENVIRONMENT TO ENRICH THE LIVES OF OUR STUDENTS AND MAXIMIZE THEIR POTENTIAL WHILE LENDING SUPPORT TO THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION INSTRUCTION - EDUCATIONAL SERVICES FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES.
EXTRAORDINARY SERVICES - THERAPEUTIC SERVICES FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES.
OTHER PROGRAMS - EARLY ENRICHMENT PROGRAM (EEP) AND PROGRAMS FOR PARENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Presutti Principal | 35 | $156,998 | |
Anne Ogden Executive Director | Officer | 35 | $143,237 |
Eric Fenchel Business Mgr. | Officer | 35 | $126,880 |
Laura Bejot Occ. Therapist | 35 | $126,292 | |
Cara Rogerino Principal | 35 | $112,032 | |
Sara Duffin Head Of Human Resources | 35 | $101,914 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Network Doctor Nj Llc It Services | 6/29/22 | $207,527 |
Above And Beyond Learning Group Aba And Speech Herapy | 6/29/22 | $191,849 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $235,213 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $350,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,750 |
| Total Program Service Revenue | $15,681,684 |
| Investment income | $35,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,009 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,294,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,243 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $347,270 |
| Compensation of current officers, directors, key employees. | $347,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,458,115 |
| Pension plan accruals and contributions | $479,630 |
| Other employee benefits | $1,801,858 |
| Payroll taxes | $709,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,864 |
| Fees for services: Accounting | $60,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,698 |
| Fees for services: Other | $693,328 |
| Advertising and promotion | $1,676 |
| Office expenses | $217,100 |
| Information technology | $79,999 |
| Royalties | $0 |
| Occupancy | $161,943 |
| Travel | $4,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,619 |
| Interest | $170,277 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $903,994 |
| Insurance | $96,251 |
| All other expenses | $0 |
| Total functional expenses | $15,974,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $722,543 |
| Savings and temporary cash investments | $5,051,339 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $820,451 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $59,242 |
| Net Land, buildings, and equipment | $15,859,548 |
| Investments—publicly traded securities | $1,122,557 |
| Investments—other securities | $1,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,322,040 |
| Total assets | $26,958,760 |
| Accounts payable and accrued expenses | $515,074 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,906,498 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,322,040 |
| Total liabilities | $9,743,612 |
| Net assets without donor restrictions | $17,032,480 |
| Net assets with donor restrictions | $182,668 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,958,760 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Ctc Academy Inc has recieved totaling $66,320.
| Awarding Organization | Amount |
|---|---|
Shapiro Fam Foundation Tenafly, NJ PURPOSE: GENERAL | $52,000 |
Columbia Bank Foundation Fair Lawn, NJ PURPOSE: CTC ACADEMY RESILIENT VIRTUAL GALA - 6/10/21 - BUNNY SLIPPER SPONSOR | $4,000 |
C-T W L P Schenck Charitable Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $3,000 |
James And Rita Sullivan Family Foundation Inc Fair Lawn, NJ PURPOSE: FUNDS TO BENEFIT EDUC OR DISABLED | $2,000 |
Eugene Bogert Trust Uw 0552a Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $1,690 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Accesscny Inc Syracuse, NY | $27,740,848 | $49,807,131 |
Ctc Academy Inc Fair Lawn, NJ | $26,958,760 | $16,294,688 |
United Disabilities Services Lancaster, PA | $32,057,635 | $19,427,155 |
Wraparound Services Of The Hudson Valley Inc Lake Katrine, NY | $13,802,680 | $15,534,869 |
Finger Lakes United Cerebral Palsy Inc Geneva, NY | $7,697,500 | $9,897,098 |
The Cerebral Palsy League Inc Cranford, NJ | $10,865,143 | $10,861,728 |
Avenues Pottsville, PA | $3,451,522 | $7,228,048 |
Alleghenies Unlimited Care Providers Johnstown, PA | $14,343,786 | $8,020,237 |
United Cerebral Palsy Of Hudson Cnty Inc Bayonne, NJ | $2,444,017 | $4,492,698 |
Penncares Hanover, PA | $7,202,503 | $2,820,701 |
Burlington County Cerebral Palsy Association Inc Mount Holly, NJ | $2,360,828 | $2,519,840 |
Cerebral Palsy Association Of Chester County Inc Exton, PA | $2,461,233 | $1,827,579 |