NonprofitsFriends Of Team Academy Charter School A New Jersey Non-Profit Org

Education

Friends Of Team Academy Charter School A New Jersey Non-Profit Org

NEWARK, NJ

Total revenue

$16.3M

Total expenses

$11.5M

Net assets

$64.2M

Grants received

$2.1M

16 grants

EIN

201018667

Tax year

2023

Mission

The friends of team charter schools, inc. A new jersey non-profit organization (fot) was organized to provide support and services to team academy charter school, inc. (team). The support services include providing (a) financial support and (b) support with facilities development, financing, and operation for facilities used by team for its programs.

Financials

FY 2023

Revenue

Contributions & grants$521K
Program service revenue$14.3M
Investment income$1.4M
Other revenue$42K
Total revenue$16.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$11.5M
Total expenses$11.5M
Total assets$220.6M
Net assets$64.2M

People

5 listed

NameRoleCompensation

SARA SORBELLO

PRESIDENT

Board

5 hrs/wk

LEA CIAVARRA

MEMBER

Board

5 hrs/wk

JORDAN METZGER

MEMBER

Board

5 hrs/wk

BLAIR RIDDER

MEMBER

Board

5 hrs/wk

GABRIELLA DIFILIPPO

SECRETARY (NON-VOTING)

Board

5 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$500K
SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC.
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$12K
For grant recipient's exempt purposes
2021
$12K
For grant recipient's exempt purposes
2021
$5K
DONOR DESIGNATION
2021
$10K
For grant recipient's exempt purposes
2020
$5K
DONOR DESIGNATION
2019
$1.0M
SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC.
2018
$20K
For grant recipient's exempt purposes
2018
$463K
SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC.
2017

Funded by

$2.1M from 6 funders · 16 grants · 2017–2023

Kipp Team And Family Schools Inc

$2.0M · 3 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$55K · 4 grants · 2018–2021

National Philanthropic Trust

$55K · 5 grants · 2017–2022

American Endowment Foundation

$16K · 1 grant · 2020

United Way Of Bergen County

$10K · 2 grants · 2019–2021

Details

EIN201018667
NTEE codeB11
Subsection03
Ruling date2004-06
Formed2004
Employees0
Volunteers4
FRIENDS OF TEAM ACADEMY CHARTER SCHOOL A NEW JERSEY NON-PROFIT ORG — Mission, Financials & Grants Received | Grantivo