Edgarton Academy Inc
- Assets
- $2.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 90
- Location
- Newfield, NJ
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 45-4548896
Organization Overview
Edgarton Academy Inc is located in Newfield, NJ. The organization was established in 2013. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Edgarton Academy Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edgarton 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, Edgarton Academy Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 7.1% 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
EDGARTON CHRISTIAN ACADEMY, A PK THROUGH 8TH GRADE ELEMENTARY SCHOOL, IS COMMITTED TO WORKING IN PARTNERSHIP WITH OUR FAMILIES TO ENSURE THAT OUR CHILDREN ARE EDUCATED IN A SAFE ENVIRONMENT WHERE THEY CAN EXPLORE LEARNING, GROW IN THEIR FAITH, AND DEVELOP STRENGTH OF CHARACTER. THROUGH THE PROMOTION OF A RIGOROUS AND RELEVANT CURRICULUM, THE MODELING OF CHRISTIAN LIVING AND OUR COMMITMENT TO SERVICE, OUR GRADUATES ARE IMBUED WITH THE SKILLS AND VALUES NEEDED TO ASSURE LIFELONG ACADEMIC AND PERSONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDGARTON CHRISTIAN ACADEMY, A PK THROUGH 8TH GRADE ELEMENTARY SCHOOL, IS COMMITTED TO WORKING IN PARTNERSHIP WITH OUR FAMILIES TO ENSURE THAT OUR CHILDREN ARE EDUCATED IN A SAFE ENVIRONMENT WHERE THEY CAN EXPLORE LEARNING, GROW IN THEIR FAITH, AND DEVELOP STRENGTH OF CHARACTER. THROUGH THE PROMOTION OF A RIGOROUS AND RELEVANT CURRICULUM, THE MODELING OF CHRISTIAN LIVING AND OUR COMMITMENT TO SERVICE, OUR GRADUATES ARE IMBUED WITH THE SKILLS AND VALUES NEEDED TO ASSURE LIFELONG ACADEMIC AND PERSONAL SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Hagerty President | OfficerTrustee | 2 | $0 |
Ken Savela Vice President | OfficerTrustee | 2 | $0 |
John Sabella Treasurer | OfficerTrustee | 2 | $0 |
Teri Godlewski Secretary | OfficerTrustee | 2 | $0 |
Kathleen Valla Trustee | Trustee | 2 | $0 |
Jackie Leo Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,457 |
| Total Program Service Revenue | $2,244,589 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $185,657 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,533,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,571,523 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,762 |
| Payroll taxes | $138,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,498 |
| Office expenses | $27,634 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,349 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,011 |
| Insurance | $55,612 |
| All other expenses | $180,612 |
| Total functional expenses | $2,445,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,549,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100 |
| 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 | $32,480 |
| Net Land, buildings, and equipment | $455,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,000 |
| Total assets | $2,050,209 |
| Accounts payable and accrued expenses | $21,580 |
| Grants payable | $0 |
| Deferred revenue | $33,100 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $46,341 |
| Total liabilities | $101,021 |
| Net assets without donor restrictions | $1,889,533 |
| Net assets with donor restrictions | $59,655 |
| 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 | $2,050,209 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edgarton Academy Inc has recieved totaling $699.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $699 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Washington Market School New York, NY | $36,001,590 | $10,094,278 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |
Princeton Montessori Society Princeton, NJ | $8,329,429 | $8,795,588 |
Greater Brunswick Regional Charter School New Brunswick, NJ | $10,553,733 | $8,313,208 |