CAMDEN'S CHARTER SCHOOL NETWORK INC

EIN: 452772761 501(c)(3) Education

CAMDEN, NJ

Total Revenue
$8,536,432
Total Expenses
$7,839,214
Total Assets
$32,825,586
Net Assets
$14,988,904
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NJ
Principal Officer
REBECCA BRINKMANN PHELAN
Phone
8563651000
Tax Period
2024-07-01 to 2025-06-30

CAMDEN'S CHARTER SCHOOL NETWORK INC, founded in 2011, is a community nonprofit in the Education sector that reported $8.5M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $7.8M left a modest 8% surplus.

Mission

CAMDEN'S CHARTER SCHOOL NETWORK INC. WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, TO PROVIDE SUPPORT FOR THE DEVELOPMENT OF INCREASED EDUCATIONAL OPPORTUNITIES FOR THE YOUTH OF CAMDEN, NEW JERSEY.

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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 $796,201
Program Service Revenue $7,651,287
Investment Income $88,944
Other Revenue $0
TOTAL REVENUE $8,536,432

Expense Breakdown

Grants Paid $133,949
Salaries & Benefits $1,782,454
Fundraising Expenses $94,263
Program Expenses $7,062,070
Other Expenses $5,922,811
TOTAL EXPENSES $7,839,214

Year-over-Year Comparison

2024 2023 Change
Revenue $8,536,432 $7,193,517 +0.2%
Expenses $7,839,214 $6,701,862 +0.2%
Net Income $697,218 $491,655 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
108
Volunteers
8

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
1
$115,423
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEDRO DECASANOVA EMERITUS BOARD MEMBER 1.00
Director
$0 $0 $0
ZULMA GONZALEZ-LOMBARDO VICE PRESIDENT 1.00
Director
$0 $0 $0
LARRAINE JOHNSON SECRETARY 1.00
Director
$0 $0 $0
BRIAN KOWLASKI PRESIDENT 1.00
Director
$0 $0 $0
REV CALVIN WOODS TRUSTEE 1.00
Director
$0 $0 $0
SOLEY BERRIOS TRUSTEE 1.00
Director
$0 $0 $0
ASHLEE ROBERTS TRUSTEE 1.00
Director
$0 $0 $0
NANCY ZEMLAK TREASURER 1.00
Director
$0 $0 $0
REBECCA B PHELAN EXECUTIVE DIRECTOR 40.00
Officer
$109,423 $6,000 $115,423
JOSH FLEIG BUSINESS ADMIN/TECH MANAGE 10.00
Highest
$50,000 $0 $174,519
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 $8,536,432 $7,839,214 $32,825,586 $697,218
2024 No data No data No data No data
2023 $6,583,683 $5,648,617 $27,031,788 $935,066
2022 $5,676,484 $4,602,921 $26,846,122 $1,073,563
2021 $2,927,860 $1,773,341 $26,499,848 $1,154,519
2020 $3,440,794 $1,655,934 $25,368,943 $1,784,860
2019 $5,148,336 $3,846,225 $24,491,485 $1,302,111
2019 $5,148,336 $3,846,225 $24,491,485 $1,302,111
2018 $4,992,001 $3,985,781 $24,842,081 $1,006,220
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