Classical Academy Charter School Of Clifton Inc is located in Clifton, NJ. The organization was established in 2002. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Classical Academy Charter School Of Clifton Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classical Academy Charter School Of Clifton 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 06/2022, Classical Academy Charter School Of Clifton Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON'S (THE "CHARTER SCHOOL") MISSION IS TO BLEND CORE TRADITIONAL LEARNING FOUNDATIONS AND MODERN DAY EDUCATIONAL INITIATIVES TO CREATE A PROGRESSIVE LEARNING ENVIRONMENT. THROUGH THE FUSION OF A CURRICULUM DEEPLY ROOTED IN HUMANITIES AND LIBERAL ARTS AND OUR COMPREHENSIVE MATHEMATICS AND SCIENCE PROGRAM, CLASSICAL ACADEMY STRIVES TO FOSTER NOT ONLY SCHOLASTIC ACHIEVEMENTS BUT ALSO THE GROWTH OF OUR STUDENTS AS FUTURE LEADERS THROUGH THE INFUSION OF CORE VALUES AND POSITIVE SOCIAL LEARNING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON PROVIDES A FULL RANGE OF EDUCATIONAL SERVICES APPROPRIATE TO GRADES 6-8. THESE SERVICES INCLUDE REGULAR, AS WELL AS SPECIAL EDUCATION AND BASIC SKILLS INSTRUCTION. THE CHARTER SCHOOL COMPLETED THE 2021-2022 SCHOOL YEAR WITH AN ENROLLMENT OF 173 STUDENTS. THE CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON'S THREEYEAR ACADEMIC PROGRAM IN GRADES 6, 7 AND 8 AND ITS PRACTICES AND POLICIES CONTINUE TO PROVE HIGHLY EFFECTIVE IN PRODUCING HIGH STUDENT LEARNING. THE CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON HAS PRODUCED OUTSTANDING RESULTS, CONSISTENTLY AT THE HIGHEST LEVELS, IS NOT A SUBJECTIVE APPRAISAL. IN 2008 THE FEDERAL DEPT. OF EDUCATION HONORED THE SCHOOL WITH A "NATIONAL BLUE RIBBON SCHOOL OF EXCELLENCE AWARD (ONLY THE 2ND NEW JERSEY PUBLIC CHARTER SCHOOL IN 16 YEARS TO BE SO HONORED); IN 2012 THE NEW JERSEY DEPT. OF EDUCATION DESIGNATED THE CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON A 'REWARD' SCHOOL, ITS DESIGNATION FOR HIGH-ACHIEVING PUBLIC SCHOOLS, CHARTER AND TRADITIONAL; AND IN 2013, THE 'NATIONAL NEW CAMPAIGN FOR ACHIEVEMENT NOW' (NJCAN), A CITIZENS EDUCATION ACTION GROUP, RECOGNIZED THE CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON WITH ITS 'TOP TEN' AWARDS: ONE AWARD FOR BEING A TOP TEN NJ SCHOOL FOR EDUCATING 'LOW INCOME STUDENTS AND ANOTHER 'TOP TEN' AWARD FOR EDUCATING TO HIGH LEVELS 'LATINO STUDENTS', AND ONE FOR OVERALL EXCELLENCE IN MIDDLE-SCHOOL EDUCATION. IN 2018, CLASSICAL ACADEMY WAS GRANTED AN ENROLLMENT INCREASE FOR THE 2019-2020 SCHOOL YEAR BY AN ADDITIONAL SIXTY STUDENTS. CLASSICAL ACADEMY CHARTER SCHOOL OF CLIFTON IS AN ACTIVE MEMBER OF THE JUNIOR NATIONAL HONOR SOCIETY AND HAS PROVIDED FAMILIES WITH AN AFTER SCHOOL PROGRAM AND SUMMER PROGRAM THATBUILD THE WHOLE CHILD.
THE CHARTER SCHOOL IMPLEMENTED THE EVERY STUDENT SUCCEEDS ACT (ESSA) SUCCESSFUL YOUNG CHARTER SCHOOL WITH GREAT PROMISE FOR THE FUTURE. WITH A FOCUS ON LEADERSHIP, CIVICS, COMMUNITY SERVICE AND ACADEMICS, THE CHARTER SCHOOL MAINTAINS A LARGE WAITING LIST FOR ENTRANCE AND IS ARMEDWITH A STRONG BOARD, EXPERIENCED STAFF, SIGNIFICANT SEED FUNDING, A WELL-DEVELOPED MISSION AND ACCOMPANYING CORE VALUES. AND THE IDEA PROGRAMS. THESE PROGRAMS WERE ENACTED BY CONGRESS TOPREAUTHORIZE 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 THROUGH ENRICHMENT ACTIVITIES. IN ADDITION, THE CHARTER SCHOOL ALSO IMPLEMENTED REQUIREMENTS OF THE ESSER, ARP AND THER COVID-19 RELATED ACTIVITIES TO RETAIN AND MAINTAIN SCHOOL OPERATIONS DURING THE COVID-19 PANDEMIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shamira Drakefold President | OfficerTrustee | 2 | $0 |
Alicia Anderson Vice President | OfficerTrustee | 2 | $0 |
Oran Bullen Board Member | Trustee | 2 | $0 |
Kirsten Doll Board Member | Trustee | 2 | $0 |
Genie Trott Board Member | Trustee | 2 | $0 |
Janet Spidwak Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $611,449 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $611,449 |
Total Program Service Revenue | $1,962,724 |
Investment income | $0 |
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 | $2,576,190 |
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. | $256,791 |
Compensation of current officers, directors, key employees. | $113,549 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $911,867 |
Pension plan accruals and contributions | $380,158 |
Other employee benefits | $348,200 |
Payroll taxes | $88,741 |
Fees for services: Management | $0 |
Fees for services: Legal | $29,038 |
Fees for services: Accounting | $20,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $116,740 |
Advertising and promotion | $0 |
Office expenses | $87,379 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $150,225 |
Travel | $0 |
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 | $232,503 |
Insurance | $33,734 |
All other expenses | $0 |
Total functional expenses | $2,717,275 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,417,545 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $384,526 |
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 | $44,633 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,224,353 |
Total assets | $3,071,057 |
Accounts payable and accrued expenses | $161,010 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,557,833 |
Total liabilities | $1,718,843 |
Net assets without donor restrictions | $1,352,214 |
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 | $3,071,057 |