VILLAGE CHARTER SCHOOL

EIN: 522106734 501(c)(3) Education

TRENTON, NJ

Total Revenue
$9,573,485
Total Expenses
$7,631,637
Total Assets
$10,417,424
Net Assets
$5,876,766
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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
1996
Legal Domicile
NJ
Principal Officer
GLENN RICHARDSON
Phone
6096950110
Tax Period
2022-07-01 to 2023-06-30

VILLAGE CHARTER SCHOOL, founded in 1996, is a community nonprofit in the Education sector that reported $9.6M in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 20% operating margin.

Mission

THE VILLAGE CHARTER SCHOOL (VCS) IS A K-8 PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 360 STUDENTS IN THE TRENTON/EWING AREA OF MERCER COUNTY, NEW JERSEY. THE VILLAGE CHARTER SCHOOL FOCUSES ON ACADEMIC AND LEADERSHIP SKILLS AS A MEANS TO IMPROVE THE COMMUNITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $9,747,976
Program Service Revenue $11,585
Investment Income $448
Other Revenue $-186,524
TOTAL REVENUE $9,573,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,960,879
Fundraising Expenses $0
Program Expenses $5,775,201
Other Expenses $1,670,758
TOTAL EXPENSES $7,631,637

Year-over-Year Comparison

2022 2021 Change
Revenue $9,573,485 $7,923,370 +0.2%
Expenses $7,631,637 $7,316,609 +0.0%
Net Income $1,941,848 $606,761 +2.2%
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
11
Independent Members
11
Employees
66
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
5
$292,954
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH BROWN HEAD OF SCHOOL 40.00
Officer
$154,128 $0 $154,128
KEOKE WOOTEN-JOHNSON PRINCIPAL 40.00
Officer
$138,826 $0 $138,826
STEPHEN L KITTS CHAIRMAN 1.00
Director
$0 $0 $0
GENNIFER GEORGE TRUSTEE 1.00
Director
$0 $0 $0
M ELAINE MURPHY Secretary 1.00
Director
$0 $0 $0
RICK GRIFFITHS Trustee 1.00
Director
$0 $0 $0
ADRIENNE KING TRUSTEE 1.00
Director
$0 $0 $0
JOHN MIDDLEBROOK TRUSTEE 1.00
Director
$0 $0 $0
CYNTHIA PINELLI TRUSTEE 1.00
Director
$0 $0 $0
BOYNTON R WEEKES TRUSTEE 1.00
Director
$0 $0 $0
SHERRI EURE-WASHINGTON TRUSTEE 1.00
Director
$0 $0 $0
DIONNE HALLBACK TRUSTEE 1.00
Director
$0 $0 $0
CARMEN ROMAN TRUSTEE 1.00
Director
$0 $0 $0
BERNADETTE PINTO SCHOOL BUS ADMI 40.00
Officer
$0 $0 $0
DEBORAH PONTORIERO SCHOOL BUS ADMI 20.00
Officer
$0 $0 $0
GLENN RICHARDSON SCHOOL BUS ADMI 0.00
Officer
$0 $0 $0
KEOKE WOOTEN-JOHNSON PRINCIPAL 40.00
$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 No data No data No data No data
2024 No data No data No data No data
2023 $9,573,485 $7,631,637 $10,417,424 $1,941,848
2022 $7,923,370 $7,316,609 $8,790,207 $606,761
2021 $6,482,043 $5,802,865 $8,911,412 $679,178
2020 $6,982,619 $6,445,144 $8,369,498 $537,475
2019 $6,841,305 $6,740,688 $8,261,169 $100,617
2018 $7,247,156 $7,031,679 $8,890,501 $215,477
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