Central Jersey College Preparatory Charter School
- Assets
- $11.5m
- Revenue
- $18.8m
- Investments
- $0.0
- Employees
- 246
- Location
- Somerset, NJ
- Founding
- 03/2016
- Data as of
- 06/2021
- EIN
- 20-4477065
Organization Overview
Central Jersey College Preparatory Charter School is located in Somerset, NJ. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Central Jersey College Preparatory Charter School employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Jersey College Preparatory 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, Central Jersey College Preparatory Charter School generated $18.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $16.3m during the year ending 06/2021. While expenses have increased by 15.5% 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
THE MISSION OF CENTRAL JERSEY COLLEGE PREPARATORY CHARTER SCHOOL ("CJCP") IS TO PROVIDE ACADEMIC AND SOCIAL CHALLENGES TO STUDENTS, WHILE INSTILLING IN THEM THE SKILLS AND KNOWLEDGE THAT THEY WILL NEED TO SUCCEED IN THEIR FUTURE ENDEAVORS. CJCP AIMS TO FORGE A POWERFUL PARTNERSHIP OUT OF THE STUDENT-TEACHER-PARENT TRIAD. THIS PARTNERSHIP WILL PROVIDE AND EMPOWER OUR YOUTH WITH THE SUPPORT NECESSARY TO REACH THEIR HIGHEST POTENTIAL - INTELLECTUALLY, SOCIALLY, EMOTIONALLY AND PHYSICALLY - WHILE BUILDING ON THEIR INHERENT PROMISE TO AID IN THEIR PREPARATION FOR COLLEGE AND CAREER. CJCP'S OVERALL ACADEMIC GOALS ARE TO PREPARE ITS STUDENTS FOR THE CHALLENGES THAT THEY WILL FACE AFTER HIGH SCHOOL; TO PROVIDE THE NECESSARY SKILLS AND TOOLS THEY WILL REQUIRE TO BE SUCCESSFUL IN COLLEGE AND BEYOND; TO TURN THEM INTO LIFELONG LEARNERS AND INDEPENDENT THINKERS WHO APPRECIATE AND EMBRACE DIVERSITY, TEAMWORK AND MUTUAL RESPECT; AND TO NURTURE IN THEM AN IMMENSE LEVEL OF PERSONAL INTEGRITY. NON-ACAD
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL JERSEY COLLEGE PREP CHARTER SCHOOL PROVIDES A FULL RANGE OF SERVICES APPROPRIATE TO GRADES KINDERGARTEN THRU 12. THESE SERVICES INCLUDE REGULAR, AS WELL AS SPECIAL EDUCATION AND BASIC SKILLS INSTRUCTION. THE CHARTER SCHOOL COMPLETED THE 2020-2021 SCHOOL YEAR WITH AN ENROLLMENT OF 1216 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Lessard Treasurer | OfficerTrustee | 5 | $0 |
Namik Sercan Chief Educ Offr | Officer | 40 | $0 |
Idris Ustaoglu Dir Facilities | Officer | 40 | $0 |
Fatih Kayalar Asst. Bus Admin | Officer | 40 | $0 |
Tasha Mosconi Director | Officer | 40 | $0 |
Fatih Cekic Director Op | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maschios Food Service Food Service | 6/29/21 | $234,373 |
Educational Services Commission Of Nj Special Education Serv | 6/29/21 | $196,282 |
Best Cleaning Building Service Cleaning | 6/29/21 | $150,525 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,223,217 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,542 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,224,759 |
| Total Program Service Revenue | $1,669,284 |
| Investment income | $39,055 |
| 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 | -$86,683 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,846,415 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,175,027 |
| Pension plan accruals and contributions | $240,294 |
| Other employee benefits | $3,149,291 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,948 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $637,924 |
| Advertising and promotion | $0 |
| Office expenses | $856,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,228,194 |
| Travel | $8,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,437 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,255,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,641,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,207,995 |
| 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 | $200,000 |
| Net Land, buildings, and equipment | $984,577 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,441,139 |
| Total assets | $11,475,546 |
| Accounts payable and accrued expenses | $357,975 |
| Grants payable | $0 |
| Deferred revenue | $36,958 |
| 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 | $1,540,057 |
| Other liabilities | $5,118,642 |
| Total liabilities | $7,053,632 |
| Net assets without donor restrictions | $4,421,914 |
| 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 | $11,475,546 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central Jersey College Preparatory Charter School has recieved totaling $20,075.
| Awarding Organization | Amount |
|---|---|
Project Lead The Way Inc Indianapolis, IN PURPOSE: Program Implementation | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mastery Charter High School Philadelphia, PA | $43,740,057 | $52,618,647 |
Public Prep Charter School Academies Bronx, NY | $28,993,375 | $52,903,915 |
Explore Excel Charter School Brooklyn, NY | $21,686,253 | $46,865,700 |
Brooklyn Prospect Charter School Brooklyn, NY | $14,747,543 | $42,286,541 |
Little Red School House Inc New York, NY | $50,588,811 | $36,915,940 |
Philadelphia Performing Arts A String Theory Charter School Philadelphia, PA | $27,708,411 | $43,176,770 |
True North Rochester Preparatorycharter School Rochester, NY | $31,478,453 | $41,687,630 |
Classical Charter Schools Bronx, NY | $15,984,342 | $34,614,781 |
Bronx Charter School For Excellence Bronx, NY | $63,378,035 | $40,736,120 |
Avon Grove Charter School West Grove, PA | $50,579,082 | $34,467,872 |
Science Academies Of New York Charter Schools Syracuse, NY | $37,462,091 | $36,615,185 |
Lehigh Valley Academy Charter School Bethlehem, PA | $96,198,987 | $32,574,812 |