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Nonprofit · EIN 47-2329333

EMPOWERMENT ACADEMY CHARTER SCHOOL INC

Tax-exempt · JERSEY CITY, NJ 07304

Financials

$26.5M$23.9M2022$37.5M$29.2M2023$42.7M$34.4M2024
Revenue Expenses · by fiscal year end
Financials of EMPOWERMENT ACADEMY CHARTER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$42,678,541$34,445,811$8,232,730$29,828,741$2,226,412$27,602,329
June 30, 2024990$37,539,769$29,164,024$8,375,745$19,373,643$2,851,645$16,521,998
June 30, 2023990$26,527,797$23,930,098$2,597,699$9,363,544$1,217,291$8,146,253
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$41,826,714
of which government grants
$41,826,714
Program service revenue
$52,037
Investment income
$188,249
Other revenue
$611,541

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$799,380
Other salaries and wages
$18,066,121
Salaries, compensation and benefits (total)
$25,600,041
Professional fundraising fees
$0
Legal fees
$23,874
Accounting fees
$182,932
Occupancy
$2,393,127
Depreciation
$187,854
Program services (functional)
$24,764,394
Management and general (functional)
$9,681,417

Balance sheet and other

Total assets, start of year
$9,363,544
Total assets, end of year
$29,828,741
Total liabilities, end of year
$2,226,412
Net assets, end of year
$27,602,329
Land, buildings and equipment
$4,509,283
Net assets without donor restrictions
$27,602,329
Gross receipts
$42,678,541
Employees
310
Volunteers
15
Year formed
2015
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 / weekCompensationOther / benefits
RICHARD RASCHDORFSCHOOL BUSINESS ADMINISTRATOR
Officer, Key employee, Highest-paid employee
40$169,380$8,097
LISA POWELLPRINCIPAL
Highest-paid employee
40$160,580$7,156
CRAIG MESSMERPRINCIPAL
Highest-paid employee
40$158,250$9,472
ANGELA THOMASDIRECTOR OF EDUCATION
Highest-paid employee
40$145,500$2,598
MOLLY FRAWLEYDEAN OF CURRICULUM AND INSTRUCTIONS
Highest-paid employee
40$115,000$0
MONICA ZASLOWERPRESIDENT
Trustee or director, Officer
5$0$0
LONNIE SOBELVICE PRESIDENT
Trustee or director
5$0$0
THOMAS GALLAGHERTREASURER
Trustee or director
5$0$0
THOMAS OGORZELEKBOARD MEMBER
Trustee or director
5$0$0
DAMI KABIAWUBOARD MEMBER
Trustee or director
5$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
RICHARD RASCHDORFBUSINESS ADMIN
Key employee, Highest-paid employee
35$158,760
MONICA QUIROGA ZASLOWERTRUSTEE
Trustee or director
5$0
THOMAS GALLAGHERTRUSTEE
Trustee or director
5$0
LONNIE SOBELTRUSTEE
Trustee or director
5$0
THOMAS OZORZALEKTRUSTEE
Trustee or director
5$0
DAMI KABIAWUTRUSTEE
Trustee or director
5$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
MONICA QUIROGA ZASLOWERTRUSTEE
Trustee or director
5$0
THOMAS GALLAGHERTRUSTEE
Trustee or director
5$0
LONNIE SOBELTRUSTEE
Trustee or director
5$0
THOMAS OZORZALEKTRUSTEE
Trustee or director
5$0
DAMI KABIAWUTRUSTEE
Trustee or director
5$0
SAPREET SALUJATRUSTEE
Trustee or director
5$0
CARLY GIGLKEY EMPLOYEE
Key employee
35$0
RICHARD RASCHDORFBUSINESS ADMIN
Key employee
35$0

Address and contacts

Address (IRS master file)
240 EGE AVE, JERSEY CITY, NJ 07304-1413
In care of
% MONICA ZASLOWER
Principal officer (990 for 2024)
MENACHEM BAZIN, 240 EGE AVENUE, JERSEY CITY, NJ 07304
Signed the 990
MENACHEM BAZIN CPA, SCHOOL BUSINESS ADMINISTRATOR
Phone
(201) 630-4799
Return prepared by
OLUGBENGA OLABINTAN CPA INC

Mission

EMPOWERMENT ACADEMY CHARTER SCHOOL IS COMMITTED TO CHILDREN HAVING BRIGHTER PROSPECTS. IT IS COMMITTED TO DEVELOPING THE KIND OF VALUES, SKILLS, KNOWLEDGE, CONFIDENCE AND CHARACTER IN THE STUDENTS THAT WILL PROSPEL THEM TO SUCCESS.

990 for the year ended June 30, 2025

Program accomplishments

  • EMPOWERMENT ACADEMY CHARTER SCHOOL IS COMMITTED TO CHILDREN HAVING BRIGHTER PROSPECTS. IT IS COMMITTED TO DEVELOPING THE KIND OF VALUES,SKILLS, KNOWLEDGE, CONFIDENCE AND CHARACTER IN THE STUDENTS THAT WILL PROSPEL THEM TO SUCCESS IN SCHOOL, COLLEGE AND CAREER AND LEAD TO A HAPPY CONTRIBUTORY LIFE. THE CHARTER SCHOOL HAD AN AVERAGE ENROLLMENT OF 1266 DURING THE 2024-2025 SCHOOL YEAR.
    Expenses $24,764,394

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
47-2329333
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$29,828,741
Income (IRS master file)
$42,678,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$42,678,541$34,445,811$29,828,741XML
990June 2024$37,539,769$29,164,024$19,373,643IRS
990June 2023$26,527,797$23,930,098$9,363,544XML
990June 2022$18,995,847$17,897,323$6,681,057IRS
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 47-2329333).

Questions about EMPOWERMENT ACADEMY CHARTER SCHOOL INC

What is the EIN of EMPOWERMENT ACADEMY CHARTER SCHOOL INC?
The employer identification number (EIN) of EMPOWERMENT ACADEMY CHARTER SCHOOL INC is 47-2329333.
Is EMPOWERMENT ACADEMY CHARTER SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to EMPOWERMENT ACADEMY CHARTER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMPOWERMENT ACADEMY CHARTER SCHOOL 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 EMPOWERMENT ACADEMY CHARTER SCHOOL 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 EMPOWERMENT ACADEMY CHARTER SCHOOL 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 EMPOWERMENT ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 names MENACHEM BAZIN.
Who are the officers and directors of EMPOWERMENT ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 10 people; 5 received compensation from the organization, the highest $169,380 (RICHARD RASCHDORF, SCHOOL BUSINESS ADMINISTRATOR).
How much revenue does EMPOWERMENT ACADEMY CHARTER SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $42,678,541, expenses of $34,445,811 and total assets of $29,828,741 at year end.

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