JERSEY CITY GLOBAL CHARTER SCHOOL

EIN: 900807499 501(c)(3) Education

JERSEY CITY, NJ

Total Revenue
$8,843,090
Total Expenses
$7,443,894
Total Assets
$6,427,165
Net Assets
$3,836,234
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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
2013
Legal Domicile
NJ
Principal Officer
BIMA BAJE
Phone
2016368530
Tax Period
2022-07-01 to 2023-06-30

JERSEY CITY GLOBAL CHARTER SCHOOL, founded in 2013, is a community nonprofit in the Education sector that reported $8.8M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

JERSEY CITY GLOBAL CHARTER SCHOOL'S MISSION IS TO PROVIDE STUDENTS WITH THE SKILLS AND EXPLORATORY EXPERIENCES THAT ENABLE THEM TO REACH THEIR FULLEST POTENTIAL AS INDEPENDENT THINKERS AND INNOVATIVE PROBLEM SOLVERS. BY PROVIDING A DIVERSIFIED, COMPREHENSIVE CURRICULUM THAT ENCOMPASSES SOCIAL AND ECONOMIC ENTREPRENEURSHIP, SOCIAL JUSTICE, EQUALITY, ECOLOGICAL SUSTAINABILITY AS WELL PEACE AND HARMONY BETWEEN PEOPLE, WE SEEK TO ADDRESS THE UNIQUE NEEDS OF THE STUDENTS IN A CHANGING SOCIETY.

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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 $2,107,469
Program Service Revenue $6,684,428
Investment Income $0
Other Revenue $51,193
TOTAL REVENUE $8,843,090

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,995,472
Fundraising Expenses $0
Program Expenses $4,524,376
Other Expenses $2,448,422
TOTAL EXPENSES $7,443,894

Year-over-Year Comparison

2022 2021 Change
Revenue $8,843,090 $7,977,424 +0.1%
Expenses $7,443,894 $7,038,140 +0.1%
Net Income $1,399,196 $939,284 +0.5%
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
132
Volunteers
10

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
$533,197
Total Directors
9
$0
Key Employees
1
$175,839
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NADIRA RAGHUNANDAN CHIEF SCHOOL 40.00
Officer
$227,963 $29,877 $257,840
LEMUER PEREZ PRINCIPAL 40.00
Key Emp
$153,983 $21,856 $175,839
SAMUEL HOWARD DIRECTOR OF 40.00
Officer
$106,903 $28,454 $135,357
KRISTEN TURNER TEACHER 40.00
Highest
$104,205 $18,491 $122,696
BIMA BAJE SBA/BOARD SE 10.00
Officer
$140,000 $0 $140,000
KEVIN NEAVES PRESIDENT BE 2.00
Officer Director
$0 $0 $0
JOSE MANUEL VASQUEZ VP 7/2022-5/ 2.00
Officer Director
$0 $0 $0
ALICE SYLVIA MINOR TRUSTEE 2.00
Director
$0 $0 $0
TIFFANY BURRESS TRUSTEE 2.00
Director
$0 $0 $0
JOSE ARANGO TRUSTEE 2.00
Director
$0 $0 $0
KATHLEEN DAVIS TRUSTEE 2.00
Director
$0 $0 $0
HUANNE HUGHES TRUSTEE BEG 2.00
Director
$0 $0 $0
NICOLE JUAREZ TRUSTEE BEG 2.00
Director
$0 $0 $0
SONIA SCHULMAN TRUSTEE BEG 2.00
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 No data No data No data No data
2023 $8,843,090 $7,443,894 $6,427,165 $1,399,196
2022 $7,977,424 $7,038,140 $5,986,723 $939,284
2021 $8,088,301 $7,269,183 $4,010,138 $819,118
2020 $6,662,397 $5,909,689 $2,638,064 $752,708
2019 $4,971,066 $4,893,795 $1,595,220 $77,271
2018 $4,727,565 $4,800,998 $1,124,756 $-73,433
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