Central Jersey Arts Charter School
Nonprofit profile at a glance
- EIN
- 202831634
- IRS 990 coverage
- 2010–2013
- Forms available
- Form 990 2013
- Location
- Plainfield, NJ, USA
- Phone
- 9087530030
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,865,469
- Expenses
- $6,191,026
- Assets
- $976,149
- Liabilities
- $1,031,193
Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- DAWN ARMSTRONG (PRESIDENT)
- ANDREA BOOTH (VICE PRESIDENT)
Highest reported compensation
- JILL CARSON (SCHOOL BUSINESS ADMINISTRATOR): $70,929 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the central jersey arts charter is school is to instill in the children of plainfield, a desire to learn and to grow academically and socially. The arts will be used as a vehicle to inspire and engage children. The arts will also serve as an avenue through which all students will have the opportunity to incorporate and to synthesize material learned to provide them with critical thinking skills to manage situations both in & out of the classroom. Literacy and language arts, along with the other core curriculum content standards, will provide a strong, positive background necessary to make appropriate life choices. The emphasis on academic achievement will provide the tools, skills and knowledge the learners will need to perform above the state averages in statewide assessments and to achieve exemplary grades in all subject matters. This will open the doors to the high school of their choice and encourage them to follow any avenue for higher education they choose
What it reported doing in 2013
Central jersey arts charter school provides a full range of services appropriate to grades kindergarten through grade 8. These services include regular, as well as special education and basic skills instruction. The charter school completed the 2013-2014 school year with an enrollment of 386.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 90
- Accountability: 42
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.5%; rating input score 91
- Program expense ratio: 85.8%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.6%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0.1%; rating input score 86; 86th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.8% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 90.5% of revenue deployed · 85.8% of spending went to programs
- Governance: 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $5.3M in reported program spending
- Leadership: top reported pay $71K · 11 people listed
- Highest-paid contractors: 1 contractor listed · $385K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2010 to 2013
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.