THOMAS EDISON ENERGYSMART CHARTER SCHOOL

EIN: 274502163 501(c)(3) Education

SOMERSET, NJ

Total Revenue
$13,510,603
Total Expenses
$12,654,048
Total Assets
$13,330,567
Net Assets
$5,915,032
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NJ
Phone
7324127643
Tax Period
2024-07-01 to 2025-06-30

THOMAS EDISON ENERGYSMART CHARTER SCHOOL, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $13.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $12.7M left a modest 6% surplus.

Mission

The mission of the Thomas Edison EnergySmart Charter School is to provide academic and social challenges and opportunities to students, instilling the skills and knowledge that they will need to succeed in their lives. The school aims to forge a powerful partnership out of the student-teacher-parent triad. This partnership will provide and empower our youth with the support necessary to reach their highest potential intellectually, socially, emotionally and physically building on their inherent promise to aid in their preparation for college and career. The schools specific goals are to make its students aware of the green renewable resources and the hazards of global warming. Students are exposed to well designed common core aligned curriculum. Teachers 21st century skills and technology to make learning interactive, interesting and engaging for all students. Thomas Edison EnergySmart Charter School also offers after school activities like drama clubs, robotics, I-Pad classes, and sim

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,037,598
Program Service Revenue $520,243
Investment Income $1,011
Other Revenue $-48,249
TOTAL REVENUE $13,510,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,582,578
Fundraising Expenses $0
Program Expenses $10,621,109
Other Expenses $3,071,470
TOTAL EXPENSES $12,654,048

Year-over-Year Comparison

2024 2023 Change
Revenue $13,510,603 $12,418,196 +0.1%
Expenses $12,654,048 $12,529,890 +0.0%
Net Income $856,555 $-111,694 -8.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
91
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KURTULUS ABDURRAHMAN IT MANAGER 40.00
$123,417 $0 $246,834
YILDIZ OGUZ LEAD PERSON 40.00
$177,667 $0 $177,667
GOVINDARAJU RAJASRI ACADEMIC SUPERVISO 40.00
$162,890 $0 $162,890
SADIGOV ILGAR SCHOOL BA 40.00
$152,883 $0 $152,883
AYDOS YUCEL PROJECT COORDINATO 40.00
$134,301 $0 $134,301
STEPHEN ALEXIS Trustee 2.00
Director
$0 $0 $0
KESHAW SAHAY VP-TRUSTEES 2.00
Director
$0 $0 $0
RAIF RUSTAMOV PRES-BD TRUSTEE 2.00
Director
$0 $0 $0
ASHOK MUNISAMY TRUSTEE 2.00
Director
$0 $0 $0
MEHMET EKE TRUSTEE 2.00
Director
$0 $0 $0
RAQUEL NERI Trustee 2.00
Director
$0 $0 $0
ILGAR SADIGOV BUSINESS ADMIN 40.00
Officer
$0 $0 $0
OGUZ YILDIZ CHIEF EDUC OFFR 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,510,603 $12,654,048 $13,330,567 $856,555
2024 No data No data No data No data
2023 $12,014,416 $12,202,845 $13,647,515 $-188,429
2022 $12,922,229 $10,739,515 $14,551,818 $2,182,714
2021 $9,230,051 $8,084,051 $6,786,495 $1,146,000
2020 $8,214,274 $7,483,178 $4,794,964 $731,096
2019 $7,181,395 $6,841,994 $3,998,394 $339,401
2018 $6,134,285 $6,317,648 $3,197,470 $-183,363
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