Achieve Community Charter School
- Assets
- $6.5m
- Revenue
- $10.8m
- Investments
- $0.0
- Employees
- 72
- Location
- Newark, NJ
- Founding
- 01/2018
- Data as of
- 06/2022
- EIN
- 81-2357107
Organization Overview
Achieve Community Charter School is located in Newark, NJ. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Achieve Community Charter School employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Achieve Community Charter School 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, Achieve Community Charter School generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $9.7m during the year ending 06/2022. While expenses have increased by 56.0% per year over the past 5 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
ACHIEVE COMMUNITY CHARTER SCHOOL BUILDS INNOVATIONS WHO GRADUATE COLLEGE READY TO SOLVE THE WORLD'S NEXT SET OF CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARTER SCHOOL PROVIDES A FULL RANGE OF EDUCATIONAL SERVICES APPROPRIATE TO GRADE LEVELS K THROUGH 8. THESE INCLUDE BOTH REGULAR AND SPECIAL EDUCATION PROGRAMS. AS OF JUNE 30, 2022, THE CHARTER SCHOOL'S FINAL HEAD COUNT WAS 450 STUDENTS. THE MAJOR INITIATIVES ARE BUILDING THE CURRICULUM FOR RIGOROUS LITERACY AND MATH INSTRUCTION THROUGH THE ADOPTION A NEW CURRICULUMS. TEACHERS AND LEADERS WILL BE TRAINED IN SUMMER INSTITUTE AND ON BI-WEEKLY PROFESSIONAL DEVELOPMENT. THE CHARTER SCHOOL ALSO ADOPTED A NEW GUIDED READING FRAMEWORK IN KINDERGARTEN TO SECOND GRADE AND CLOSE READING IN THIRD GRADE. TEACHERS AND LEADERS WERE PROFESSIONALLY DEVELOPED TO IMPLEMENT THE CURRICULUM. SOCIAL EMOTIONAL LEARNING AND SUPPORT WAS DEVELOPED THROUGH THE ADDITION OF A VICE PRINCIPAL OF CULTURE AS WELL AS AN ASSOCIATE DEAN. THESE TWO POSITIONS PROVIDED DIRECT SUPPORT TO TEACHERS AND ADMINISTRATORS IN MEETING THE NEEDS OF OUR MOST STRUGGLING STUDENTS.
THE CHARTER SCHOOL IMPLEMENTED THE EVERY STUDENT SUCCEEDS ACT (ESSA) AND IDEA PROGRAMS. THESE PROGRAMS WERE ENACTED BY CONGRESS TO PREAUTHORIZE THE ELEMENTARY AND SECONDARY EDUCATION ACT WITH MAJOR FOCUS ON PROVIDING ALL CHILDREN WITH FAIR, EQUAL AND SIGNIFICANT OPPORTUNITY TO HAVE A HIGH QUALITY EDUCATION THROUGH ENRICHMENT ACTIVITIES. IN ADDITION, THE CHARTER SCHOOL ALSO IMPLEMENTED REQUIREMENTS OF THE ESSER, ARP AND OTHER COVID-19 RELATED ACTIVITIES TO RETAIN AND MAINTAIN SCHOOL OPERATIONS DURING THE COVID-19 PANDEMIC.
THE CHARTER SCHOOL PROVIDED NUTRITIONALLY BALANCED, LOW COST OR FREE MEALS TO STUDENTS EACH SCHOOL DAY THROUGH ITS BREAKFAST AND LUNCH PROGRAMS. THE PROGRAMS ARE FEDERALLY AND STATE ASSISTED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Booth Until 63022 Board Chair | OfficerTrustee | 3 | $0 |
Ronald Augustin Vice Chair | OfficerTrustee | 3 | $0 |
Sonia Rodriguez-Marto Trustee | Trustee | 3 | $0 |
Dana Moore Beginning 92221 Trustee | Trustee | 3 | $0 |
Wynda Garcia Beginning 92221 Trustee | Trustee | 3 | $0 |
Charisse Ballester Trustee (until 8/23/2022) | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,428,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,428,037 |
| Total Program Service Revenue | $7,305,780 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,802,841 |
| 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. | $300,677 |
| Compensation of current officers, directors, key employees. | $300,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,360,994 |
| Pension plan accruals and contributions | $1,209,568 |
| Other employee benefits | $987,395 |
| Payroll taxes | $264,944 |
| Fees for services: Management | $1,151,257 |
| Fees for services: Legal | $27,367 |
| Fees for services: Accounting | $18,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,307,783 |
| Advertising and promotion | $0 |
| Office expenses | $344,134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,573 |
| 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 | $371,348 |
| Insurance | $37,828 |
| All other expenses | $0 |
| Total functional expenses | $9,656,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,396 |
| Savings and temporary cash investments | $1,293,721 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,074,247 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,117,771 |
| Total assets | $6,502,135 |
| Accounts payable and accrued expenses | $1,007,496 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,651,141 |
| Total liabilities | $4,658,637 |
| Net assets without donor restrictions | $1,840,883 |
| Net assets with donor restrictions | $2,615 |
| 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 | $6,502,135 |