Small Public Charity

Marion P Thomas Charter School Foundation Inc

Marion P Thomas Charter School Foundation Inc, of Newark, NJ, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $79K in revenue, $36K in expenses, $76K in total assets. 5 publicly reported grants to this organization, totaling roughly $218K, appear in IRS filings.

EIN: 352331985 Newark, NJ Single Organization Support NTEE: B11 Latest filing: 2024
Total Revenue$79K
Total Expenses$36K
Total Assets$76K
Grant Records5
Funding Total$218K
Filing Years2017–2024

Mission

To provide support Marion P Thomas Charter School and its students. Provides schorlarships to eligible graduates of Marion P Thomas Charter School to further their education in High Schools and Colleges.

Officers & Directors

Board Member Celia King
Board Member Deborah A Smith
Board Member Dr Karen Young-Thomas
Board Member Ernestine Watson
Treasurer Femi Amorin
Board Member Gene Waddy

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT GRANTEE'S CHARITABLE, SCIENTIFIC, OR EDUCATIONAL ACTIVITIES, INCLUDING ACADEMIC IMPROVEMENT.
$175,450 1 grant
SCHOLARSHIPS
$35,000 3 grants
Unrestricted
$7,917 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $79K $36K $76K
2018 $29K $30K $112K
2017 $106K $50K $116K

Between 2017 and 2024, reported annual revenue declined from $106K to $79K (-26%), with total assets most recently reported at $76K.

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

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