2024-05-15T14:00:39-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 010660264 TEAM ACADEMY CHARTER SCHOOL INC TEAM 9737052309 60 PARK PLACE 802 NEWARK NJ 07102 STEVEN SMALL BOARD SECRETARY 9737052309 2024-05-14 1 STEVEN SMALL XXX-XX-XXXX 1 MATTHEW MCGINNIS CPA P01585083 5083669100 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN SMALL 60 PARK PLACE 802 NEWARK NJ 07102 156931250 0 X WWW.TEAMACADEMY.ORG X 2002 NJ TEAM ACADEMY CHARTER SCHOOL IS A FREE, OPEN ENROLLMENT, COLLEGE-PREPARATORY PUBLIC SCHOOL DEDICATED TO PREPARING STUDENTS IN UNDERSERVED COMMUNITIES FOR SUCCESS IN COLLEGE AND LIFE. 6 6 1073 8 0 0 142937886 156732093 105102 199157 0 0 0 0 143042988 156931250 0 0 0 0 71574487 76848701 0 0 801448 63138753 73448851 134713240 150297552 8329748 6633698 203861909 244834103 187765720 222104216 16096189 22729887 X THE TEAM ACADEMY CHARTER SCHOOL IS A NEW JERSEY PUBLIC SCHOOL OVERSEEN BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION. THE SCHOOL OFFERS AN ACADEMIC PROGRAM TO ASSIST CHILDREN IN DISCOVERING THEIR TALENTS AND PROVIDES A COMMUNITY RESOURCE AND A MEANS TO UNITE PARENTS AND TEACHERS. 0 0 113844082 199157 THE TEAM ACADEMY CHARTER SCHOOL IS A NEW JERSEY PUBLIC SCHOOL OVERSEEN BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION. THE SCHOOL OFFERS AN ACADEMIC PROGRAM TO ASSIST CHILDREN IN DISCOVERING THEIR TALENTS AND PROVIDES A COMMUNITY RESOURCE AND A MEANS TO UNITE PARENTS AND TEACHERS. 113844082 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 106 0 1 1073 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X STEVEN SMALL 9736220905 60 PARK PLACE 802 NEWARK NJ 07102 X X TIM CARDEN BOARD PRESIDENT 2.00 X X 0 0 0 SHEILA BOYD TRUSTEE (UNTIL 6/2023) 2.00 X 0 0 0 JULIE KEENAN TRUSTEE 2.00 X 0 0 0 KEVIN MORRISON TRUSTEE 2.00 X 0 0 0 RASHEEN PEPPERS TRUSTEE 2.00 X 0 0 0 VINCE MARIGNA TRUSTEE 2.00 X 0 0 0 IHSAAN BROWN TRUSTEE 2.00 X 0 0 0 BRENDAN MAHER BOARD PRESIDENT (UNTIL 10/2022) 2.00 X X 0 0 0 JOANNA BELCHER EXECUTIVE DIRECTOR 40.00 X 0 0 0 STEVE SMALL CFO 20.00 X 0 0 0 ARTHUR DYMIR HEAD OF SCHOOLS 40.00 X 180323 0 7279 JENNA MARCUS HEAD OF SCHOOLS 40.00 X 172056 0 20105 ANTONIA O'SULLIVAN SCHOOL LEADER 40.00 X 176321 0 19648 VERONICA FLOREZ SCHOOL LEADER 40.00 X 182939 0 1200 MARY POTTER HEAD OF SCHOOLS 40.00 X 166123 0 18240 877762 0 66472 134 0 1 0 ARAMARK CORPORATION PO BOX 978839 DALLAS TX 75397 FOOD SERVICES 4307643 SHI INTERNATIONAL CORP 290 DAVIDSON AVE SOMERSET NJ 08873 TECHNOLOGY SERVICES 1739634 ACB SERVICES INC 37 SCHOOLHOUSE RD CREAM RIDGE NJ 08514 CLEANING SERVICES 1310788 AMPRO 30 BUNTING LANE PRIMOS PA 19018 PRINTING/ADVERTISING SERVICES 677946 NICKERSON NJ LLC 515 UNION AVE UNION BEACH NJ 07735 SCHOOL SUPPLIES 556571 59 152453935 4278158 156732093 FOOD SERVICE 611710 199157 199157 199157 156931250 199157 0 0 X 60972820 51834939 9137881 3264125 2774937 489188 8872125 7542476 1329649 3739631 3179180 560451 63934 63934 112493 112493 19265968 2948720 15515800 801448 3427289 2913648 513641 5674353 4823948 850405 8959445 7616710 1342735 776294 659952 116342 TPAF EXPENSES 16405043 13946450 2458593 SUPPLIES 12059373 8898463 3160910 FOOD SERVICE 4626860 4626860 OTHER PURCHASED SERVICE 2077799 2077799 150297552 113844082 35652022 801448 26867735 27481619 10768142 11395438 713289 1351972 29997601 6366981 22296405 23630620 143216338 180974454 203861909 244834103 9386317 7315870 86475 0 19844768 21114999 158448160 193673347 187765720 222104216 X 17735525 28304579 -1639336 -5574692 0 0 16096189 22729887 203861909 244834103 6633698 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 475900 475900 14172315 1309646 12862669 12212716 3064269 9148447 3136670 1993066 1143604 23630620 OTHER ACCOUNTS RECEIVABLE 8502125 PENSION DEFERRED OUTFLOWS 15896195 RIGHT-TO-USE LEASE ASSETS 156576134 180974454 OTHER ACCOUNTS PAYABLE 188100 NET PENSION LIABILITY 25415639 PENSION DEFERRED INFLOWS 3967494 LEASE LIABILTIES 164102114 193673347 156931250 0 156931250 0 156931250 150297552 0 150297552 0 150297552 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISES PUBLICLY FOR ITS STUDENTS TO APPLY AND THE SELECTION IS TOTALLY NONDISCRIMINATORY AND IS MADE THROUGH AN INDEPENDENT LOTTERY. SCHEDULE E, PART I, LINE 6 THE SCHOOL OPERATES AS A NJ PUBLIC SCHOOL UNDER THE NEW JERSEY DEPARTMENT OF EDUCATION. THE SCHOOL ALSO RECEIVES FEDERAL FUNDING TO HELP PROMOTE THEIR ACADEMICS. X 0 0 0 0 0 0 0 0 0 ANTONIA O'SULLIVAN SCHOOL LEADER 176321 0 0 0 0 0 1500 0 18148 0 195969 0 0 0 JENNA MARCUS HEAD OF SCHOOLS 172056 0 0 0 0 0 1500 0 18605 0 192161 0 0 0 ARTHUR DYMIR HEAD OF SCHOOLS 180323 0 0 0 0 0 900 0 6379 0 187602 0 0 0 MARY POTTER HEAD OF SCHOOLS 166123 0 0 0 0 0 0 0 18240 0 184363 0 0 0 VERONICA FLOREZ SCHOOL LEADER 182939 0 0 0 0 0 1200 0 0 0 184139 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES TO KIPP TEAM AND FAMILY SCHOOLS, A NJ NONPROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL REVIEWS THE FORM 990 WITH THE OUTSIDE AUDITOR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ADHERES TO THE CONFLICT OF INTEREST POLICY AS PRESCRIBED BY THE NJ DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES ALL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE ADMINISTRATION AT THE SCHOOL. FORM 990, PART VII, LINE 1A: THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE CHARTER MANAGEMENT ORGANIZATION (CMO) AND COMPENSATED BY THE CMO RATHER THAN THE SCHOOL. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,948,720. MANAGEMENT AND GENERAL EXPENSES 15,515,800. FUNDRAISING EXPENSES 801,448. TOTAL EXPENSES 19,265,968. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. KINGSTON EDUCATIONAL HOLDINGS 1 INC 60 PARK PLACE SUITE 802 NEWARK NJ 07102 453986301 SCHOOL REAL ESTATE NJ 501(C)(3) LINE 12B, II N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART II: KINGSTON EDUCATIONAL HOLDINGS 1, INC. IS A SUPPORTING ORGANIZATION OF TEAM. AS A RESULT, IT IS LISTED AS A RELATED TAX-EXEMPT ORGANIZATION IN PART II OF SCHEDULE R. KINGSTON EDUCATIONAL HOLDINGS 1, INC. DOES NOT HAVE 50% BOARD OVERLAP WITH TEAM, SO THIS IS NOT A "CONTROL" RELATIONSHIP UNDER 512B OF THE IRC.