The Center School
- Assets
- $6.8m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 133
- Location
- Somerset, NJ
- Founding
- 06/1974
- Data as of
- 06/2023
- EIN
- 22-1933177
Organization Overview
The Center School is located in Somerset, NJ. The organization was established in 1974. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Center School employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center 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 06/2023, Center School generated $8.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $8.5m during the year ending 06/2023. While expenses have increased by 2.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE SCHOOL FOR STUDENTS WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION WAS PROVIDED TO AN AVERAGE POPULATION OF 93 STUDENTS OVER A 200 DAY SCHOOL YEAR.
OPERATED THRIFT STORE TO PROVIDE STUDENTS WITH WORK TRAINING AND USE OF SKILLS LEARNED IN CONNECTION WITH EDUCATIONAL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefanie Rinaldi Chair | OfficerTrustee | 0.5 | $0 |
Florence Goldberg Vice Chair | OfficerTrustee | 0.5 | $0 |
Gregory Behringer Trustee | Trustee | 0.5 | $0 |
Harvey Hechel Trustee | Trustee | 0.5 | $0 |
Brian Auger Trustee | Trustee | 0.5 | $0 |
Douglas Laidlaw Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Desapio Development Inc Building Contractor | 6/29/16 | $134,773 |
Insurance Restoration Specialists Inc Contractor | 6/29/16 | $109,727 |
A&s Service Co Inc Electrical Contractor | 6/29/16 | $112,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,299 |
| Total Program Service Revenue | $8,588,748 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,896 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,828,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,039 |
| Compensation of current officers, directors, key employees. | $184,039 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,792,322 |
| Pension plan accruals and contributions | $284,243 |
| Other employee benefits | $995,937 |
| Payroll taxes | $432,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,226 |
| Fees for services: Accounting | $37,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,713 |
| Office expenses | $73,024 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $556,603 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,109 |
| Interest | $173,956 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $331,742 |
| Insurance | $59,934 |
| All other expenses | $143,998 |
| Total functional expenses | $8,471,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,170,993 |
| Savings and temporary cash investments | $58,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $616,351 |
| 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 | $41,448 |
| Net Land, buildings, and equipment | $4,912,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,799,589 |
| Accounts payable and accrued expenses | $478,542 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,119,259 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,597,801 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,201,788 |
| 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 | $6,799,589 |