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Nonprofit · EIN 45-3986301

KINGSTON EDUCATIONAL HOLDINGS 1 INC

Tax-exempt · NEWARK, NJ 07102

Financials

$5.9M$7.9M2022$6M$7.7M2023$6M$8.1M2024
Revenue Expenses · by fiscal year end
Financials of KINGSTON EDUCATIONAL HOLDINGS 1 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,972,149$8,145,353-$2,173,204$68,314,322$79,580,204-$11,265,882
June 30, 2024990$6,004,738$7,714,607-$1,709,869$69,854,534$78,947,212-$9,092,678
June 30, 2023990$5,869,915$7,866,870-$1,996,955$71,109,399$78,492,208-$7,382,809
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,174,255
of which government grants
$4,174,255
Program service revenue
$1,462,570
Investment income
$335,324
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,055,919
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,002
Accounting fees
$26,400
Depreciation
$866,049
Program services (functional)
$8,117,921
Management and general (functional)
$27,432

Balance sheet and other

Total assets, start of year
$69,854,534
Total assets, end of year
$68,314,322
Total liabilities, end of year
$79,580,204
Net assets, end of year
-$11,265,882
Land, buildings and equipment
$28,272,331
Net assets without donor restrictions
-$11,265,882
Gross receipts
$5,972,149
Employees
0
Volunteers
4
Year formed
2011
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY CARDENPRESIDENT
Trustee or director, Officer
2$0
DANIEL ADANTREASURER
Trustee or director, Officer
2$0
GABRIELLA DIFILIPPOSECRETARY (NON-VOTING)
Officer
2$0
STEVEN SMALLMEMBER
Trustee or director, Officer
2$0
HANNAH RICHMANMEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
TIMOTHY CARDENPRESIDENT
Trustee or director, Officer
2$0
DANIEL ADANTREASURER
Trustee or director, Officer
2$0
STEVEN SMALLMEMBER
Trustee or director
2$0
GABRIELLA DIFILIPPOSECRETARY (NON-VOTING)
Officer
2$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
TIMOTHY CARDENPRESIDENT
Trustee or director, Officer
2$0
DANIEL ADANTREASURER
Trustee or director, Officer
2$0
HANNAH RICHMANMEMBER
Trustee or director
2$0
STEVEN SMALLMEMBER
Trustee or director
2$0
GABRIELLA DIFILIPPOSECRETARY (NON-VOTING)
Officer
2$0

Address and contacts

Address (IRS master file)
60 PARK PL STE 802, NEWARK, NJ 07102-5508
In care of
% HANNAH RICHMAN TRUSTEE
Principal officer (990 for 2024)
ERICA GROHMAN, 60 PARK PLACE 802, NEWARK, NJ 07102
Signed the 990
ERICA GROHMAN, CFO
Phone
(973) 622-0905
Return prepared by
AAFCPAS INC

Mission

TO ASSIST TEAM ACADEMY CHARTER SCHOOL, INC. ("TEAM") WITH FINANCING IMPROVEMENTS AND RENOVATIONS TO VARIOUS SCHOOL FACILITIES OPERATED OR TO BE OPERATED BY TEAM AS PUBLIC CHARTER SCHOOL FACILITIES IN NEWARK, NEW JERSEY.

990 for the year ended June 30, 2025

Program accomplishments

  • ASSIST TEAM ACADEMY CHARTER SCHOOL, INC. ("TEAM") IN FINANCING IMPROVEMENTS AND RENOVATIONS TO VARIOUS SCHOOL FACILITIES OPERATED OR TO BE OPERATED BY TEAM AS PUBLIC CHARTER SCHOOL FACILITIES IN NEWARK, NEW JERSEY.
    Expenses $8,117,921 · grants $1,055,919 · revenue $1,462,570

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-3986301
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B19)
Assets (IRS master file)
$68,314,322
Income (IRS master file)
$5,972,149

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,972,149$8,145,353$68,314,322IRS
990June 2024$6,004,738$7,714,607$69,854,534IRS
990June 2023$5,869,915$7,866,870$71,109,399XML
990June 2022$5,822,683$7,040,287$70,775,295IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3986301).

Questions about KINGSTON EDUCATIONAL HOLDINGS 1 INC

What is the EIN of KINGSTON EDUCATIONAL HOLDINGS 1 INC?
The employer identification number (EIN) of KINGSTON EDUCATIONAL HOLDINGS 1 INC is 45-3986301.
Is KINGSTON EDUCATIONAL HOLDINGS 1 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to KINGSTON EDUCATIONAL HOLDINGS 1 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does KINGSTON EDUCATIONAL HOLDINGS 1 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KINGSTON EDUCATIONAL HOLDINGS 1 INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KINGSTON EDUCATIONAL HOLDINGS 1 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KINGSTON EDUCATIONAL HOLDINGS 1 INC?
The 990 for the year ended June 30, 2025 names ERICA GROHMAN.
Who are the officers and directors of KINGSTON EDUCATIONAL HOLDINGS 1 INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does KINGSTON EDUCATIONAL HOLDINGS 1 INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,972,149, expenses of $8,145,353 and total assets of $68,314,322 at year end.

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