Marion P Thomas Charter School Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Marion P Thomas Charter School Foundation Inc is a 501(c)(3) organization based in Newark, New Jersey, registered in 2011, with $78,998 in FY2023 revenue. CharityIndex grades it B.
125 Sussex Ave, Newark, NJ, 07103 EIN 35-2331985 Since 2011
Revenue (FY2023)
$79K
▲ 175.0% vs prior year
Education median: $200K
Expenses (FY2023)
$36K
Net assets
$76K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Marion P Thomas Charter School Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +55% margin
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 Marion P Thomas Charter School Foundation Inc: 25 mo reserves · +55% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Marion P Thomas Charter School Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Marion P Thomas Charter School Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 125 Sussex Ave, Newark, NJ, 07103
- City
- Newark
- State
- New Jersey
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $43K (FY2012) to $79K (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Operating margin
54.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$76K
Net assets
$76K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $78,998▲175% | $35,677▲17.4% | $75,547▼32.6% | $75,547▼32.6% | 990EZ |
| 2017 | $28,725▼72.9% | $30,388▼38.7% | $112,095▼1.5% | $112,095▼3.1% | 990EZ |
| 2016 | $106,093▲251% | $49,608▲28.3% | $113,758▲98.6% | $115,698▲97.1% | 990EZ |
| 2015 | $30,263▼67.3% | $38,674▼61.3% | $57,273▼13.0% | $58,689▼10.8% | 990EZ |
| 2014 | $92,531▲29.7% | $99,907▲73.0% | $65,814▼10.1% | $65,814▼10.1% | 990EZ |
| 2013 | $71,367▲67.4% | $57,755▼27.8% | $73,190▲22.8% | $73,190▲3.7% | 990EZ |
| 2012 | $42,645 | $80,019 | $59,578 | $70,578 | 990EZ |
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.
Grants received · $7,917 total
1 grant to Marion P Thomas Charter School Foundation Inc totaling $7,917, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2020 | $7,917 |
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Frequently asked questions
- Is Marion P Thomas Charter School Foundation Inc a legitimate nonprofit?
- Yes. Marion P Thomas Charter School Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2331985, based in Newark, New Jersey. Donations are tax-deductible.
- What is Marion P Thomas Charter School Foundation Inc's EIN?
- Marion P Thomas Charter School Foundation Inc's Employer Identification Number (EIN) is 35-2331985.
- How much revenue does Marion P Thomas Charter School Foundation Inc report?
- Marion P Thomas Charter School Foundation Inc reported $78,998 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Marion P Thomas Charter School Foundation Inc have?
- CharityIndex grades Marion P Thomas Charter School Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Marion P Thomas Charter School Foundation Inc (EIN 35-2331985) 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.