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EIN 01-0660264

Team Academy Charter School

IRS 501(c) type
501(c)(3)
Num. employees
1,336
City
Newark
State
New Jersey
Year formed
2002
Most recent tax filings
2024-06-01
NTEE code, primary
B29: Charter Schools
Description
Team Academy Charter School is a free, open-enrollment, college-preparatory public school located in Newark, NJ. It is overseen by the State of New Jersey Department of Education and dedicated to preparing students in underserved communities for success in college and life. The school offers an academic program to assist children in discovering their talents and provides a community resource and a means to develop their skills.
Total revenues
$177,408,917
2024
Total expenses
$164,995,637
2024
Total assets
$269,406,142
2024
Num. employees
1,336
2024

Program areas at Team Academy Charter School

The Team Academy Charter School is a new jersey public School overseen by the state of new jersey department of education. The School offers an academic program to assist children in discovering their talents and provides a community resource and a means to unite parents and teachers.

Who funds Team Academy Charter School

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Knowledge is Power Program (KIPP)Academic One Kipp Initiatives, Principal Pipeline & Development, Postsecondary Career Pathway Support, School Start-Up$1,789,233
KIPP Team and Family SchoolsSupport and Expansion for Team Public Schools in Newark, NJ.$1,099,921
Kingston Educational Holdings ISupport for Team Academy Charter School in Newark, NJ$630,295
...and 2 more grants received

Financials for Team Academy Charter School

RevenuesFYE 06/2024
Total grants, contributions, etc.$175,803,982
Program services$111,222
Investment income and dividends$1,493,713
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$177,408,917
Data update history
July 14, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 3, 2025
Received grants
Identified 4 new grant, including a grant for $1,789,233 from Knowledge is Power Program (KIPP)
July 2, 2025
Used new vendors
Identified 3 new vendors, including , , and
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 22, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
60 Park Pl 802
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
kippnj.org/ 
Phone
(973) 705-2309
Facebook page
MeridianHealthNJ 
Twitter profile
@meridiannj 
IRS details
EIN
01-0660264
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Central organization
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