INTERNATIONAL ACADEMY OF TRENTON CHARTER SCHOOL

EIN: 464552156 501(c)(3)

TRENTON, NJ

Total Revenue
$9,998,432
Total Expenses
$10,650,337
Total Assets
$1,866,612
Net Assets
$852,249
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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
2014
Legal Domicile
NJ
Phone
6097592005
Tax Period
2017-07-01 to 2018-06-30

INTERNATIONAL ACADEMY OF TRENTON CHARTER SCHOOL, founded in 2014, is a community nonprofit that reported $10.0M in total revenue in fiscal year 2017. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

THE INTERNATIONAL ACADEMY OF TRENTON WILL BE A PROVIDER OF TOP-QUALITY EDUCATION TO A HIGHLY DIVERSE STUDENT BODY. WE WILL PREPARE ALL STUDENTS FOR SUCCESS IN COLLEGE, EQUIP THEM WITH THE ABILITY AND DESIRE FOR LIFELONG LEARNING, AND STRENGTHEN THEIR CIVIC, ETHICAL, AND MORAL VALUES. WE WILL MAINTAIN HIGH STANDARDS OF EFFICIENCY AND ACCOUNTABILITY THROUGHOUT ITS OPERATION.THE INTERNATIONAL ACADEMY OF TRENTON CHARTER SCHOOL STUDENTS WILL SHOW MASTERY OF A RIGOROUS, INTERNATIONAL, COLLEGE-PREPARATORY CURRICULUM DELIVERED THROUGH PROVEN, RESEARCH-BASED INSTRUCTION. STUDENTS WILL DEVELOP POSITIVE VALUES AND SOCIAL BEHAVIORS THROUGH A NURTURING SCHOOL CLIMATE AND STUDENT CULTURE ACTIVITIES.

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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 (2017)

Revenue Breakdown

Contributions & Grants $9,998,432
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,998,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,974,859
Fundraising Expenses $0
Program Expenses $10,020,110
Other Expenses $5,675,478
TOTAL EXPENSES $10,650,337

Year-over-Year Comparison

2017 2016 Change
Revenue $9,998,432 $7,718,115 +0.3%
Expenses $10,650,337 $8,249,769 +0.3%
Net Income $-651,905 $-531,654 +0.2%
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
7
Independent Members
7
Employees
113
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
6
$133,397
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY CHENAULT PRESIDENT 5.00
Officer Director
$0 $0 $0
CHENG HSEIH VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DR WILLIAM MADDOX TREASURER 5.00
Officer Director
$0 $0 $0
CHRISTOPHER EMIGHOLZ MEMBER 5.00
Director
$0 $0 $0
DR DARRELL JACKSON MEMBER 5.00
Director
$0 $0 $0
DR AUDREY MILLER MEMBER 5.00
Director
$0 $0 $0
TERRON SIMMONS MEMBER 5.00
Director
$0 $0 $0
DOMINIQUE TAYLOR DIRECTOR 40.00
Officer
$31,667 $10,512 $42,179
MICHAEL FALKOWSKI BUSINESS ADMINISTRATOR 10.00
Officer
$0 $0 $0
JAY KAMAU DIRECTOR 40.00
Officer
$91,218 $0 $91,218
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
2018 $9,998,432 $10,650,337 $1,866,612 $-651,905
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