NEWARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FRIENDS OF TEAM CHARTER SCHOOLS INC, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $15.2M in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 27% operating margin.
THE FRIENDS OF TEAM CHARTER SCHOOLS, INC. A NEW JERSEY NON-PROFIT ORGANIZATION (FOT) WAS ORGANIZED TO PROVIDE SUPPORT AND SERVICES TO TEAM ACADEMY CHARTER SCHOOL, INC. (TEAM). THE SUPPORT SERVICES INCLUDE PROVIDING (A) FINANCIAL SUPPORT AND (B) SUPPORT WITH FACILITIES DEVELOPMENT, FINANCING, AND OPERATION FOR FACILITIES USED BY TEAM FOR ITS PROGRAMS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $15,217,036 | $11,734,420 | +0.3% |
| Expenses | $11,131,185 | $8,672,739 | +0.3% |
| Net Income | $4,085,851 | $3,061,681 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SARA SORBELLO | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY CARDEN | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| LEA CIAVARRA | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JORDAN METZGER | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| BLAIR RIDDER | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| GABRIELLA DIFILIPPO | SECRETARY (NON-VOTING) | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $15,217,036 | $11,131,185 | $232,313,773 | $4,085,851 |
| 2022 | $11,734,420 | $8,672,739 | $241,241,974 | $3,061,681 |
| 2021 | $12,328,545 | $7,401,905 | $192,911,739 | $4,926,640 |
| 2020 | $10,896,407 | $7,327,141 | $140,895,383 | $3,569,266 |
| 2019 | $11,809,919 | $8,633,573 | $128,551,917 | $3,176,346 |
| 2018 | $10,699,772 | $7,707,737 | $110,750,034 | $2,992,035 |
Compare THE FRIENDS OF TEAM CHARTER SCHOOLS INC with other nonprofits in New Jersey and across the country.