Jersey City Global Charter School
- Assets
- $4.0m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 64
- Location
- Jersey City, NJ
- Founding
- 09/2013
- Data as of
- 06/2021
- EIN
- 90-0807499
Organization Overview
Jersey City Global Charter School is located in Jersey City, NJ. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Jersey City Global Charter School employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jersey City Global 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 06/2021, Jersey City Global Charter School generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $7.3m during the year ending 06/2021. While expenses have increased by 14.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
JERSEY CITY GLOBAL CHARTER SCHOOL'S MISSION IS TO PROVIDE STUDENTS WITH THE SKILLS AND EXPLORATORY EXPERIENCES THAT ENABLE THEM TO REACH THEIR FULLEST POTENTIAL AS INDEPENDENT THINKERS AND INNOVATIVE PROBLEM SOLVERS. BY PROVIDING A DIVERSIFIED, COMPREHENSIVE CURRICULUM THAT ENCOMPASSES SOCIAL AND ECONOMIC ENTREPRENEURSHIP, SOCIAL JUSTICE, EQUALITY, ECOLOGICAL SUSTAINABILITY AS WELL PEACE AND HARMONY BETWEEN PEOPLE, WE SEEK TO ADDRESS THE UNIQUE NEEDS OF THE STUDENTS IN A CHANGING SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JERSEY CITY GLOBAL CHARTER SCHOOL PROVIDED A FULL-RANGE EDUCATIONAL SERVICES TO 468 STUDENTS, WITH FOCUS ON CONTINUOUS IMPLEMENTATION OF THE NEW JERSEY CURRICULUM CONTENT STANDARDS. THE CHARTER SCHOOL HAS DEVELOPED A COMPREHENSIVE STRATEGIC PLAN TO SUPPORT ITS MISSION AND VISION WHICH SERVES AS A BLUEPRINT FOR THE ACHIEVEMENT OF ITS GOALS. THE PLAN INCLUDES OBJECTIVES, SUCH AS PUPIL ACHIEVEMENTS, STAFF DEVELOPMENT AND TECHNOLOGY IN THE CLASSROOM.
THE CHARTER SCHOOL IMPLEMENTED THE EVERY STUDENT SUCCEEDS ACT (ESSA) SUCCESSFUL YOUNG CHARTER SCHOOL WITH GREAT PROMISE FOR THE FUTURE. WITH A FOCUS ON LEADERSHIP, CIVICS, COMMUNITY SERVICE AND ACADEMICS, THE CHARTER SCHOOL MAINTAINS A LARGE WAITING LIST FOR ENTRANCE AND IS ARMED WITH A STRONG BOARD, EXPERIENCED STAFF, SIGNIFICANT SEED FUNDING, A WELL-DEVELOPED MISSION AND ACCOMPANYING CORE VALUES. AND THE 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.
THE CHARTER SCHOOL PROVIDED NUTRITIONALLY BALANCED, LOW COST OR FREE MEALS TO CHILDREN EACH SCHOOL DAY THROUGH ITS BREAKFAST, LUNCH, AND AFTER CARE PROGRAMS. THE PROGRAMS ARE FEDERALLY AND STATE ASSISTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadira Raghunandan Chief School Administrator | Officer | 40 | $170,212 |
Lemuer Perez Principal | 40 | $126,239 | |
Alice Sylvia Minor President | OfficerTrustee | 2 | $0 |
Tiffany Burress Vice President | OfficerTrustee | 2 | $0 |
Bima Baje Sba/board Secretary | Officer | 10 | $0 |
Ajay Karippot Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vision Remodeling Solutions Llc Professional Services | 6/29/21 | $689,890 |
Baje Consulting Group School Business Office Services | 6/29/21 | $132,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,145,458 |
| 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 | $2,145,458 |
| Total Program Service Revenue | $5,899,637 |
| 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 | $8,088,301 |
| 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. | $219,640 |
| Compensation of current officers, directors, key employees. | $219,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,767,774 |
| Pension plan accruals and contributions | $1,720,663 |
| Other employee benefits | $590,848 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,742 |
| Fees for services: Accounting | $51,277 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $575,231 |
| Advertising and promotion | $0 |
| Office expenses | $548,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $664,883 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,346 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,605 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,269,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,475,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $446,298 |
| 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 | $1,345,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $743,708 |
| Total assets | $4,010,138 |
| Accounts payable and accrued expenses | $164,059 |
| Grants payable | $0 |
| Deferred revenue | $9,016 |
| 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 | $1,983,110 |
| Total liabilities | $2,156,185 |
| Net assets without donor restrictions | $1,853,953 |
| Net assets with donor restrictions | $0 |
| 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 | $4,010,138 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jersey City Global Charter School has recieved totaling $61.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |