THE FRIENDS OF TEAM CHARTER SCHOOLS INC is a nonprofit organization categorized as Public Charity based in NEWARK, NJ. Its most recent IRS filing (2025) reports revenue of $16.6M, expenses of $10.4M, total assets of $253.5M. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $6.7M.
FOT WAS ORGANIZED TO PROVIDE SUPPORT AND SERVICES TO TEAM ACADEMY CHARTER SCHOOL, INC.(TEAM). THE SUPPORT SERVICES INCLUDE PROVIDING FINANCIAL SUPPORT AND REAL PROPERTY SERVICES DIRECTLY TO TEAM OR TO ITS STAFF TO FACILITATE THE PURPOSES AND PROGRAMS OF TEAM.
How The Friends of Team Charter Schools Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 25 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $16.6M | $10.4M | $253.5M |
| 2024 | $16.3M | $11.5M | $220.6M |
| 2023 | $15.2M | $11.1M | $232.3M |
| 2022 | $11.7M | $8.7M | $241.2M |
| 2021 | $12.3M | $7.4M | $192.9M |
Between 2021 and 2025, reported annual revenue grew from $12.3M to $16.6M (+34%), with total assets most recently reported at $253.5M.
Interactive year-over-year charts and full filing details available with membership.
