TEAM ACADEMY CHARTER SCHOOL INC

As filed

Subsection

03

NTEE code

B29

Classification

2000

Street

60 PARK PL STE 802

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

7 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 802). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• ASHLAND SCHOOL INC

  EIN 27-4419100

• FRIENDS OF TEAM ACADEMY CHARTER SCHOOL A NEW JERSEY NON-PROFIT ORG

  EIN 20-1018667

• KINGSTON EDUCATIONAL HOLDINGS 1 INC

  EIN 45-3986301

• KIPP COOPER NORCROSS A NEW JERSEY NONPROFIT CORPORATION

  EIN 45-5040456

• KIPP MIAMI INC

  EIN 81-4473475

• KIPP TEAM AND FAMILY SCHOOLS INC

  EIN 46-2792701

• NCA FACILITY INC

  EIN 27-4419292

Mission and programs · 2024

• THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPERATE NONPROFIT EDUCATIONAL INSTITUTIONS, INCLUDING, BUT NOT LIMITED TO SCHOOLS WITHIN THE STATE OF NJ AND TO DEAL GENERALLY THEREIN.

  Expenses $130,338,434 · Revenue $188,664

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $174,655,411

  Expenses

  $175,584,499

  Contributions

  $171,802,721

  Grants paid

  $0

• 2023

  Revenue

  $177,408,917

  Expenses

  $164,995,637

  Contributions

  $175,803,982

  Grants paid

  $0

• 2022

  Revenue

  $156,931,250

  Expenses

  $150,297,552

  Contributions

  $156,732,093

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $143,042,988

  Expenses

  $134,713,240

  Assets (EOY)

  $203,861,909

• 2020 · 990

  Revenue

  $112,036,254

  Expenses

  $108,478,843

  Assets (EOY)

  $62,784,056

• 2019 · 990

  Revenue

  $98,943,862

  Expenses

  $99,614,368

  Assets (EOY)

  $45,426,525

• 2018 · 990

  Revenue

  $92,566,192

  Expenses

  $90,061,878

  Assets (EOY)

  $45,736,348

• 2017 · 990

  Revenue

  $82,606,764

  Expenses

  $81,277,116

  Assets (EOY)

  $16,145,867

• 2016 · 990

  Revenue

  $76,176,227

  Expenses

  $77,149,208

  Assets (EOY)

  $14,425,080

• 2015 · 990

  Revenue

  $67,380,739

  Expenses

  $68,188,365

  Assets (EOY)

  $13,406,250

• 2014 · 990

  Revenue

  $59,593,903

  Expenses

  $58,422,478

  Assets (EOY)

  $12,679,776

• 2013 · 990

  Revenue

  $49,007,700

  Expenses

  $46,704,103

  Assets (EOY)

  $12,862,420

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $37,209,033

  Assets (EOY)

  $12,094,350

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• KIPP FOUNDATION

  $2,269,306

  2022 · SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, PRINCIPAL PIPELINE & DEVELOPMENT

• KIPP FOUNDATION

  $1,789,233

  2023 · ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, POSTSECONDARY CAREER PATHWAY SUPPORT, SCHOOL START-UP

• KIPP TEAM AND FAMILY SCHOOLS INC

  $1,150,990

  2023 · SUPPORT AND EXPANSION FOR TEAM PUBLIC SCHOOLS IN NEWARK, NJ.

• KIPP TEAM AND FAMILY SCHOOLS INC

  $1,099,921

  2022 · SUPPORT AND EXPANSION FOR TEAM PUBLIC SCHOOLS IN NEWARK, NJ.

• KINGSTON EDUCATIONAL HOLDINGS 1 INC

  $846,749

  2022 · SUPPORT FOR TEAM ACADEMY CHARTER SCHOOL IN NEWARK, NJ

• KINGSTON EDUCATIONAL HOLDINGS 1 INC

  $630,295

  2023 · SUPPORT FOR TEAM ACADEMY CHARTER SCHOOL IN NEWARK, NJ

• NEW JERSEY CHILDRENS FOUNDATION

  $100,000

  2023 · TO SUPPORT TEAM ACADEMY SBO PROGRAMMING.

• SOUTH WARD ALLIANCE

  $85,790

  2023 · TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP

• PROJECT READY

  $80,000

  2022 · SUPPORT ADVOCACY EFFORTS SUCH AS CONDUCTING 1-ON-1 MEETINGS WITH PARENTS, COORDINATING PARENT ENGAGEMENT EVENTS, RECRUITING PARENTS TO ATTEND STATE CAPITAL DAYS, AND REGISTERING HS STUDENTS OLD ENOUGH TO VOTE.

• NEW JERSEY CHILDRENS FOUNDATION

  $10,000

  2022 · TO SUPPORT TEAM ACADEMY MARKETING.

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files