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Employer Identification Number 81-4885194

OCEAN ACADEMY CHARTER SCHOOL is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:OCEAN ACADEMY CHARTER SCHOOL
Employer identification number (EIN):81-4885194
EIN Issuing AuthorityInternet
EIN TypeEIN issued after 1st Oct 2010
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE MISSION OF OCEAN ACADEMY CHARTER SCHOOL IS TO PROVIDE ELEMENTARY STUDENTS WITH A RIGOROUS CURRICULUM IN A SAFE NURTURING ENVIRONMENT, SO THAT ALL STUDENTS ACHIEVE THEIR HIGHEST LEVEL OF ACADEMIC SUCCESS. THIS WILL BE ACCOMPLISHED THROUGH THE IMPLEMENTATION OF A RIGOROUS CURRICULUM DIFFERENTIATED TO MEET THE NEEDS OF EACH STUDENT WITHIN A CLIMATE OF HIGH EXPECTATIONS. AT LEAST 80% OF STUDENTS WILL MEET OR EXCEED PROFICIENCY STANDARDS ON THE STATE ASSESSMENTS.OCEAN ACADEMY CHARTER SCHOOL'S "SUCCINT MEASURABLE MISSION STATEMENT" IS CENTERED ON ENSURING THAT STUDENTS WHO ATTEND THE SCHOOL WILL ACHIEVE ACADEMIC SUCCESS. TO THAT END, THE ACHIEVEMENT RESULTS FOR AT LEAST 80% THE SCHOOL'S STUDENTS WILL MEET OR EXCEED THE ACADEMIC INDICTORS AND MEASURES DETAILED IN THE PERFORMANCE FRAMEWORK PUBLISHED BY THE OFFICE OF CHARTER SCHOOLS.
Number of Employees46
Number of Volunteers0
Year Formed2017

Organization Governance

Legal DomicileNJ
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 27,810
Program Service Revenue from current yearUSD $ 30,455
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 8,975,459
Net assets / fund balances at end of fiscal yearUSD $ 2,640,642
Net assets / fund balances at beginning of fiscal yearUSD $ 2,231,340
Total liabilities at end of fiscal yearUSD $ 18,783,956
Total liabilities at beginning of fiscal yearUSD $ 2,390,277
Total assets at end of fiscal yearUSD $ 21,424,598
Total assets at beginning of fiscal yearUSD $ 4,621,617
Revenues less expenses for current yearUSD $ 432,285
Revenues less expenses for previous yearUSD $ 123,789
Total expenses for current yearUSD $ 8,543,174
Total expenses for previous yearUSD $ 6,742,774
Other expenses in current yearUSD $ 3,676,123
Other expenses in previous yearUSD $ 2,781,707
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,867,051
Employee salary and benefits paid in previous yearUSD $ 3,961,067
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,975,459
Total revenue in previous fiscal yearUSD $ 6,866,563
Contributions and grants from current yearUSD $ 8,945,004
Contributions and grants from previous yearUSD $ 6,838,753
Total of other revenueUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 21,381
Program Service Revenue from current yearUSD $ 27,810
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,866,563
Net assets / fund balances at end of fiscal yearUSD $ 2,231,340
Net assets / fund balances at beginning of fiscal yearUSD $ 2,107,551
Total liabilities at end of fiscal yearUSD $ 2,390,277
Total assets at end of fiscal yearUSD $ 4,621,617
Total assets at beginning of fiscal yearUSD $ 2,107,551
Revenues less expenses for current yearUSD $ 123,789
Revenues less expenses for previous yearUSD $ 1,471,587
Total expenses for current yearUSD $ 6,742,774
Total expenses for previous yearUSD $ 3,794,324
Other expenses in current yearUSD $ 2,781,707
Other expenses in previous yearUSD $ 1,315,047
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,961,067
Employee salary and benefits paid in previous yearUSD $ 2,479,277
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,866,563
Total revenue in previous fiscal yearUSD $ 5,265,911
Contributions and grants from current yearUSD $ 6,838,753
Contributions and grants from previous yearUSD $ 5,244,530
Total of other revenueUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 30,726
Program Service Revenue from current yearUSD $ 21,381
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,265,911
Net assets / fund balances at end of fiscal yearUSD $ 2,107,551
Net assets / fund balances at beginning of fiscal yearUSD $ 635,964
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 100,184
Total assets at end of fiscal yearUSD $ 2,107,551
Total assets at beginning of fiscal yearUSD $ 736,148
Revenues less expenses for current yearUSD $ 1,471,587
Revenues less expenses for previous yearUSD $ 407,359
Total expenses for current yearUSD $ 3,794,324
Total expenses for previous yearUSD $ 3,138,030
Other expenses in current yearUSD $ 1,315,047
Other expenses in previous yearUSD $ 1,273,732
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,479,277
Employee salary and benefits paid in previous yearUSD $ 1,864,298
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,265,911
Total revenue in previous fiscal yearUSD $ 3,545,389
Contributions and grants from current yearUSD $ 5,244,530
Contributions and grants from previous yearUSD $ 3,514,663
Total of other revenueUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,072
Program Service Revenue from current yearUSD $ 30,726
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,545,389
Net assets / fund balances at end of fiscal yearUSD $ 635,964
Net assets / fund balances at beginning of fiscal yearUSD $ 228,605
Total liabilities at end of fiscal yearUSD $ 100,184
Total liabilities at beginning of fiscal yearUSD $ 79,072
Total assets at end of fiscal yearUSD $ 736,148
Total assets at beginning of fiscal yearUSD $ 307,677
Revenues less expenses for current yearUSD $ 407,359
Revenues less expenses for previous yearUSD $ 228,605
Total expenses for current yearUSD $ 3,138,030
Total expenses for previous yearUSD $ 1,992,378
Other expenses in current yearUSD $ 1,273,732
Other expenses in previous yearUSD $ 758,836
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,864,298
Employee salary and benefits paid in previous yearUSD $ 1,233,542
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,545,389
Total revenue in previous fiscal yearUSD $ 2,220,983
Contributions and grants from current yearUSD $ 3,514,663
Contributions and grants from previous yearUSD $ 2,209,911
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 11,072
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,382,619
Net assets / fund balances at end of fiscal yearUSD $ 228,605
Total liabilities at end of fiscal yearUSD $ 79,072
Total assets at end of fiscal yearUSD $ 307,677
Revenues less expenses for current yearUSD $ 228,605
Total expenses for current yearUSD $ 1,992,378
Other expenses in current yearUSD $ 758,836
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,233,542
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,220,983
Contributions and grants from current yearUSD $ 2,209,911
Cost of goods soldUSD $ 161,636
Gross sales of inventory assetsUSD $ 161,636
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 11,072
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,382,619
Net assets / fund balances at end of fiscal yearUSD $ 228,605
Total liabilities at end of fiscal yearUSD $ 79,072
Total assets at end of fiscal yearUSD $ 307,677
Revenues less expenses for current yearUSD $ 228,605
Total expenses for current yearUSD $ 1,992,378
Other expenses in current yearUSD $ 758,836
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,233,542
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,220,983
Contributions and grants from current yearUSD $ 2,209,911
Cost of goods soldUSD $ 161,636
Gross sales of inventory assetsUSD $ 161,636

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 814885194

USA Mailing Address
678 5TH STREET
LAKEWOOD
NJ
08701
Date first seen: 2007-01-01
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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