Marion P Thomas Charter School Inc

Organization Overview

Marion P Thomas Charter School Inc is located in Newark, NJ. The organization was established in 1999. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Marion P Thomas Charter School Inc employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion P Thomas Charter School Inc 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, Marion P Thomas Charter School Inc generated $37.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $35.5m during the year ending 06/2021. While expenses have increased by 5.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MARION P. THOMAS CHARTER SCHOOL, INC. (THE "CHARTER SCHOOL") IS THE LARGEST INDEPENDENTLY-OPERATED FREE PUBLIC CHARTER SCHOOL IN NEWARK, NEW JERSEY. THE CHARTER SCHOOL WAS ESTABLISHED IN 1999 BY A GROUP OF INDIVIDUALS WHO WERE BORN AND RAISED IN NEWARK AND WANTED TO PROVIDE THE BEST POSSIBLE EDUCATIONAL EXPERIENCE FOR THE NEXT GENERATION OF NEWARKERS. THE SCHOOL IS ONE OF THE ONLY MINORITY-LED CHARTER SCHOOLS IN NEWARK, REFLECTING BOTH ITS STUDENT POPULATION AND THE COMMUNITY IT SERVES. SINCE 1999, IT HAS GROWN FROM FOUR CLASSROOMS TO FOUR CAMPUSES AND NOW SERVES 1,468 STUDENTS FROM PRE-KINDERGARTEN THROUGH THE 12TH GRADE. IT OFFERS A SEAMLESS EDUCATIONAL EXPERIENCE FROM "CRAYONS TO COLLEGE," GIVING NEWARK RESIDENTS THE OPPORTUNITY TO STAY WITHIN ONE SCHOOL SYSTEM FOR THEIR ENTIRE PUBLIC EDUCATIONAL CAREER FROM PREKINDERGARTEN TO 12TH GRADE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2020-2021 THE CHARTER SCHOOL HAD SERVED 1,468 STUDENTS THROUGH ITS PRE-KINDERGARTEN TO 12TH GRADE CURRICULUM AND SEAMLESS EDUCATIONAL EXPERIENCE FROM "CRAYONS TO COLLEGE." DURING THE YEAR, THE CHARTER SCHOOL UNDER TOOK MAJOR INITIATIVES IN ORDER FOR OUR VILLAGE TO CONTINUE TO ACHIEVE ITS HIGH LEVELS OF EXCELLENCE BY IMPLEMENTING NEW TIER I SEL CURRICULUM AND SCHOOL WIDE SUPPORTS, IMPLEMENTING TIER I ACADEMIC CURRICULUM WITH FIDELITY AND ACTIVATE BUILT IN STRUCTURESTO ASSESS AND RESPOND TO THE INDIVIDUAL NEEDS OF STUDENTS, AND DEVELOPING PRINCIPALS AS INSTRUCTIONAL LEADERS.


THE CHARTER SCHOOL PROVIDED NUTRITIONALLY BALANCED, LOW COST OR FREE MEALS TO CHILDREN EACH SCHOOL DAY THROUGH ITS BREAKFAST AND LUNCH PROGRAMS AND AFTER CARE PROGRAMS. THE PROGRAMS ARE FEDERALLY AND STATE ASSISTED.


THE CHARTER SCHOOL IMPLEMENTED THE EVERY STUDENT SUCCEEDS ACT (ESSA) AND IDEA PROGRAMS. THESE PROGRAM WERE ENACTED BY CONGRESS TO REAUTHORIZE THE ELEMENTARY AND SECONDARY EDUCATION ACT WITH MAJOR FOCUS ON PROVIDING ALL CHILDREN WITH FAIR, EQUAL AND SIGNIFICANT OPPORTUNITY TO HAVE A HIGH QUALITY EDUCATION THOUGH ENRICHMENT ACTIVITIES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,518,276
All other contributions, gifts, grants, and similar amounts not included above$14,064
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,532,340
Total Program Service Revenue$26,455,334
Investment income $4,707
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 $0
Miscellaneous Revenue$0
Total Revenue $37,041,604

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Marion P Thomas Charter School Inc has recieved totaling $85,000.

Awarding OrganizationAmount
New Jersey Childrens Foundation

Newark, NJ

PURPOSE: TO SUPPORT MPTCS PLANNING.

$85,000
View Grant Recipient Profile

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