Overview

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Est.

2012

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

PHILIPS ACADEMY CHARTER SCHOOL INC is a nonprofit organization dedicated to providing charter school education with a mission to inspire diverse learners through a rigorous and innovative environment that fosters leadership and intellectual curiosity. With an operating budget of $14.7 million and total revenue of $15 million for the 2024 filing year, the organization demonstrates significant financial scale, supported by multiple funders. More information about their initiatives can be found on their website, PACSNEWARK.ORG.

Mission Statement

Our mission is to inspire diverse learners in a rigorous and innovative environment that cultivates resilient leadership, intellectual curiosity, and thoughtful stewardship.
Revenues
$15M
Expenses
$14.7M
Net Income:
+$370.5K
Assets
$2M
Liabilities
$1.4M
Net Assets:
+$668K
Operating Budget
$14.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$15K
Largest grant received
$391.5K
M
Martin McDougall
Board Member
H
Herbert Daughtry
Board Member
E
Elizabeth Abitanto
Board Member

Frequently Asked Questions

What is PHILIPS ACADEMY CHARTER SCHOOL INC’s budget?
In 2024, PHILIPS ACADEMY CHARTER SCHOOL INC reported an annual operating budget of around $14.7 million. More detailed financial information is available to registered users.
What causes does PHILIPS ACADEMY CHARTER SCHOOL INC support?
PHILIPS ACADEMY CHARTER SCHOOL INC supports work in Charter school education.
Where does PHILIPS ACADEMY CHARTER SCHOOL INC operate?
PHILIPS ACADEMY CHARTER SCHOOL INC is headquartered in Newark, NJ.
Who funded PHILIPS ACADEMY CHARTER SCHOOL INC recently?
In 2024, PHILIPS ACADEMY CHARTER SCHOOL INC received grants from NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION, COMMUNITY FOUNDATION OF NEW JERSEY, and EDISON PROPERTIES NEWARK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant PHILIPS ACADEMY CHARTER SCHOOL INC received in 2024?
The largest grant to PHILIPS ACADEMY CHARTER SCHOOL INC in 2024 exceeds $391 thousand.
What is PHILIPS ACADEMY CHARTER SCHOOL INC’s reliance on government grants?
PHILIPS ACADEMY CHARTER SCHOOL INC relied on government grants for more than 95% of their total revenue in 2024.