HUDSON ARTS AND SCIENCE CHARTER SCHOOL

EIN: 810787431 501(c)(3) Education

FAIR LAWN, NJ

Total Revenue
$21,571,025
Total Expenses
$19,447,072
Total Assets
$17,419,059
Net Assets
$16,990,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NJ
Principal Officer
MUSTAFA COBAN
Phone
2017739140
Tax Period
2024-07-01 to 2025-06-30

HUDSON ARTS AND SCIENCE CHARTER SCHOOL, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $21.6M in total revenue in fiscal year 2024. Expenses of $19.4M left a modest 10% surplus.

Mission

THE MISSION OF HUDSON ARTS AND SCIENCE CHARTER SCHOOL IS TO PROVIDE THE IDEAL ENVIRONMENT FOR THE INTELLECTUAL AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY UTILIZING A COMBINED EFFORT OF STUDENTS, EDUCATORS, FAMILIES AND THE COMMUNITY AS A WHOLE, AND BY PROVIDING BOUNDLESS ACADEMIC AND CO-CURRICULAR OPPORTUNITIES FOR INDIVIDUAL SKILLS AND TALENTS TO DEVELOP.

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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 $20,806,827
Program Service Revenue $151,010
Investment Income $533,032
Other Revenue $80,156
TOTAL REVENUE $21,571,025

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,688,016
Fundraising Expenses $0
Program Expenses $14,494,226
Other Expenses $6,759,056
TOTAL EXPENSES $19,447,072

Year-over-Year Comparison

2024 2023 Change
Revenue $21,571,025 $20,342,112 +0.1%
Expenses $19,447,072 $17,573,945 +0.1%
Net Income $2,123,953 $2,768,167 -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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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
168
Volunteers
5

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
3
$5,400
Total Directors
5
$0
Key Employees
2
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN FALLON BOARD PRESIDENT 2.00
Director
$0 $0 $0
MARICLARE RIVERA VICE PRESIDENT 2.00
Director
$0 $0 $0
HADERSON RIVERA TRUSTEE 2.00
Director
$0 $0 $0
ETIENNE EBRESO TRUSTEE 2.00
Director
$0 $0 $0
LISSETTE WILDER TRUSTEE 2.00
Director
$0 $0 $0
NIHAT GUVERCIN CHIEF SCHOOL ADMINISTRATOR 10.00
Officer Key Emp
$0 $0 $0
MUSTAFA COBAN CHIEF FINANCIAL OFFICER/SCHOOL BUSINESS ADMINISTRATOR 10.00
Officer Key Emp
$0 $0 $0
CHRISTOPHER LESSARD TREASURER OF SCHOOL MONIES 5.00
Officer
$5,400 $0 $5,400
HATIXHE KACIDHE ELA INSTRUCTIONAL COACH 40.00
Highest
$113,740 $9,443 $123,183
MEHWISH BILAL ASSISTANT DIRECTOR OF ACADEMICS 40.00
Highest
$107,610 $3,000 $110,610
ERIN MERICLE ASSISTANT DIRECTOR OF OPERATIONS 40.00
Highest
$114,340 $3,470 $117,810
KAMURAN SOYDAM STEM PROGRAM DIRECTOR 40.00
Highest
$111,280 $18,401 $129,681
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 $21,571,025 $19,447,072 $17,419,059 $2,123,953
2024 $20,342,112 $17,573,945 $15,293,221 $2,768,167
2023 $19,205,448 $15,369,931 $12,302,720 $3,835,517
2022 $15,744,276 $13,464,131 $8,597,847 $2,280,145
2021 $16,069,605 $12,433,581 $8,580,970 $3,636,024
2020 $12,081,231 $11,790,820 $4,386,898 $290,411
2019 $9,853,567 $9,984,244 $2,841,608 $-130,677
2018 $6,001,703 $5,255,275 $1,539,975 $746,428
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