Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp is a 501(c)(3) organization based in Newark, New Jersey, registered in 2005, with $5,924,586 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$5.9M
▲ 0.5% vs prior year
Education median: $200K
Expenses (FY2023)
$3.7M
Net assets
$19.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp: 62 mo reserves · +37% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.8M (FY2013) to $5.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
37.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$70.5M
Total liabilities
$51.3M
Net assets
$19.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,924,586▲0.5% | $3,726,445▼0.8% | $19,173,254▲12.9% | $70,460,322▲4.7% | 990 |
| 2022 | $5,893,843▲2.2% | $3,757,191▼20.4% | $16,975,113▲14.4% | $67,325,247▲0.8% | 990 |
| 2021 | $5,766,045▲1.5% | $4,719,488▲11.8% | $14,838,461▲7.6% | $66,786,191▲1.1% | 990 |
| 2020 | $5,678,158▼3.5% | $4,220,676▼7.3% | $13,791,904▲11.8% | $66,040,011▲1.7% | 990 |
| 2019 | $5,885,809▲1.0% | $4,553,913▲9.5% | $12,334,422▲12.1% | $64,922,766▲0.4% | 990 |
| 2018 | $5,829,774▲14.0% | $4,158,157▲20.8% | $11,002,526▲17.9% | $64,637,474▲66.9% | 990 |
| 2017 | $5,115,079▼1.4% | $3,440,968▲2.7% | $9,330,909▲21.9% | $38,727,103▲2.9% | 990 |
| 2016 | $5,185,783▼2.4% | $3,350,745▼0.9% | $7,656,798▲31.5% | $37,621,492▲1.5% | 990 |
| 2015 | $5,313,028▼11.5% | $3,380,577▼14.4% | $5,821,759▲49.7% | $37,080,705▲2.6% | 990 |
| 2014 | $6,001,719▲112% | $3,947,080▲107% | $3,889,308▲112% | $36,152,409▲7.2% | 990 |
| 2013 | $2,829,142 | $1,903,909▲56.8% | $1,834,669▲102% | $33,726,605▲405% | 990 |
| 2012 | — | $1,213,864▼3.8% | $909,436▲35.5% | $6,674,679▼3.2% | 990 |
| 2011 | — | $1,261,706 | $671,013 | $6,895,037 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friends of Marion P Thomas Charter School A New Jersey Nonprofit Corp (EIN 02-0731318) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.