BARACK OBAMA GREEN CHARTER SCHOOL

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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

2008

Legal Domicile

Phone

9082516461

Tax Period

2023-07-01 to 2024-06-30

BARACK OBAMA GREEN CHARTER SCHOOL, founded in 2008, is a community nonprofit in the Education sector that reported $8.6M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $7.7M left a modest 10% surplus.

Mission

THE MISSION OF THE BARACK OBAMA GREEN CHARTER SCHOOL IS TO PREPARE STUDENTS TO BECOME INFORMED, ENGAGED AND INDEPENDENT CRITICAL THINKERS AND TO INSPIRE LEADERS FOR SUSTAINABLE DEVELOPMENT WITH A FOCUS ON ENVIRONMENT. STUDENTS WILL BE EDUCATED IN A SCHOOL COMMUNITY THAT FOSTERS HIGH EXPECTATIONS FOR BOTH ACHIEVEMENT AND CONDUCT AND FACILITATES CLEAR CONNECTIONS BETWEEN THE CURRICULUM, THE COMMUNITY AND THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $4,695,116

THE BARACK OBAMA GREEN CHARTER SCHOOL WAS ESTABLISHED AS A HIGH ACHIEVING SCIENCE-BASED SCHOOL IN PLAINFIELD, NEW JERSEY. DURING THE 2023-2024 SCHOOL YEAR, THE CHARTER SCHOOL PROVIDED A FULL RANGE OF EDUCATIONAL SERVICES TO STUDENTS IN GRADES 6 TO 7 AND 9 TO 12. THE CHARTER SCHOOL WAS AUTHORIZED TO ENROLL UP TO 360 STUDENTS FOR GRADES 6 TO 7 AND 9 TO 12. THE CHARTER SCHOOL COMPLETED THE 2023-2024 SCHOOL YEAR WITH AN ENROLLMENT OF 313 STUDENTS, WHICH IS APPROXIMATELY 17.25% HIGHER THAN THE PREVIOUS YEAR, WHICH HAD AN AVERAGE DAILY ENROLLMENT OF 259 STUDENTS.AS A COLLEGE-PREPARATORY SCHOOL, BARACK OBAMA GREEN CHARTER SCHOOLS MISSION IS FOUNDED ON THE UNDERSTANDING THAT STUDENTS HAVE OWNERSHIP AND RESPONSIBILITY FOR THEIR OWN EDUCATIONAL PROCESSES AND FOR THEIR FUTURE. ACCORDINGLY, OUR CURRICULUM IS ESTABLISHED USING EFFECTIVE, RESEARCH-BASED EDUCATIONAL PRACTICES; HAND-ON PROBLEM BASED SERVICE LEARNING ADVENTURES AND GRADE APPROPRIATE CORE ACADEMIC MATERIALS WITH A PARTICULAR FOCUS ON THE NEW JERSEY CORE CURRICULUM CONTENT STANDARDS. OUR EDUCATIONAL PROGRAM IS DESIGNED TO MEET THE DIVERSE NEEDS OF INDIVIDUAL STUDENTS, INCLUDING AT RISK STUDENTS, ENGLISH LANGUAGE LEARNERS (ELL) AND STUDENTS WITH SPECIAL NEEDS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,651,316

Program Service Revenue $0

Investment Income $1

Other Revenue $-93,351

TOTAL REVENUE $8,557,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,273,424

Fundraising Expenses $0

Program Expenses $4,695,116

Other Expenses $2,466,186

TOTAL EXPENSES $7,739,610

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,557,966	$7,202,377	+0.2%
Expenses	$7,739,610	$6,009,264	+0.3%
Net Income	$818,356	$1,193,113	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$313,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN MURPHY RICHARDSON	HEAD OF SCHOOL	40.00	Officer	$176,893	$0	$176,893
JENNIFER LIPPE	MID SCH PRINCIPAL	40.00		$140,582	$0	$140,582
JOAN ORIMACO	BUSINESS ADMIN	40.00	Officer	$136,840	$0	$136,840
YASMIN GRIFFIN	DIR OF CURRIC INST	40.00		$102,010	$0	$102,010
GREGORY HAMBRIC	President	3.00	Director	$0	$0	$0
NICHOLL ROGERS	Trustee	3.00	Director	$0	$0	$0
JOHN MILLER	TRUSTEE	3.00	Director	$0	$0	$0
TANIA KHALFANI	Trustee	3.00	Director	$0	$0	$0
JAMAL WALDEN	Trustee	3.00	Director	$0	$0	$0
DARLENE WILLIAMS	Trustee	3.00	Director	$0	$0	$0
MONIQUE FOYE	Trustee	3.00	Director	$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	$8,557,966	$7,739,610	$6,130,222	$818,356
2023	$7,202,377	$6,009,264	$4,598,458	$1,193,113
2022	$6,268,621	$5,775,826	$4,456,823	$492,795
2021	$5,418,988	$5,064,337	$3,405,449	$354,651
2020	$4,709,420	$4,482,345	$3,226,456	$227,075
2019	$4,484,991	$4,261,712	$2,533,916	$223,279
2018	$4,492,707	$4,441,616	$2,188,126	$51,091