Public Charity

THE FRIENDS OF TEAM CHARTER SCHOOLS INC

THE FRIENDS OF TEAM CHARTER SCHOOLS INC is a nonprofit organization categorized as Public Charity based in NEWARK, NJ. Its most recent IRS filing (2024) reports revenue of $16.3M, expenses of $11.5M, total assets of $220.6M. Imperigo tracks 24 reported grant relationships connected to this organization totaling approximately $5.2M.

EIN: 201018667 NEWARK, NJ Latest filing: 2024
Total Revenue$16.3M
Total Expenses$11.5M
Total Assets$220.6M
Grant Records24
Funding Total$5.2M
Filing Years2020–2024

Mission

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.

Sample Grants Received

2023
SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC.
$500,000
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$15,000
$10,000
2021
For grant recipient's exempt purposes
$12,300
2021
For grant recipient's exempt purposes
$12,300

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

MEMBER Blair Ridder
SECRETARY (NON-VOTING) Gabriella Difilippo
MEMBER Jordan Metzger
MEMBER Lea Ciavarra
PRESIDENT Sara Sorbello

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC.
$4,980,530 4 grants
EDUCATION
$67,000 6 grants
For grant recipient's exempt purposes
$65,500 5 grants
PROGRAMS
$54,000 4 grants
RAPPS895 - 03/29/17 10:53PM WORKSHEET ORGANIZATION/GOVERNMENT GRANT
$15,500 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $10.9M $7.3M $140.9M

Between 2020 and 2024, reported annual revenue grew from $10.9M to $16.3M (+49%), with total assets most recently reported at $220.6M.

Interactive year-over-year charts and full filing details available with membership.

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