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Nonprofit · EIN 81-0842534

PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC

Tax-exempt · PATERSON, NJ 07524

Financials

$12.8M$12.1M2022$15.4M$16M2023$17.4M$17.7M2024
Revenue Expenses · by fiscal year end
Financials of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$17,350,411$17,713,271-$362,860$1,882,276$333,999$1,548,277
June 30, 2024990$15,389,334$16,019,817-$630,483$2,091,536$180,399$1,911,137
June 30, 2023990$12,768,117$12,117,072$651,045$2,569,607$27,987$2,541,620
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$17,332,472
of which government grants
$16,971,038
Program service revenue
$17,939
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$7,005,440
Salaries, compensation and benefits (total)
$11,338,273
Professional fundraising fees
$0
Occupancy
$1,791,102
Program services (functional)
$15,821,231
Management and general (functional)
$1,892,040

Balance sheet and other

Total assets, start of year
$2,091,536
Total assets, end of year
$1,882,276
Total liabilities, end of year
$333,999
Net assets, end of year
$1,548,277
Net assets without donor restrictions
$1,548,277
Gross receipts
$17,350,411
Employees
167
Year formed
2016
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
MICHAEL PAGESTRUSTEE
Trustee or director
5$0
TIMOTHY J GRAHAMTRUSTEE
Trustee or director
5$0
KHADIJAH KINGTRUSTEE
Trustee or director
5$0
ALTISHA BYRDPRESIDENT
Trustee or director
5$0
ALEXIS GIBSONVICE PRESIDENT
Trustee or director
5$0
DONALD TAYLORTRUSTEE
Trustee or director
5$0
JUAN DEJESUSTRUSTEE
Trustee or director
5$0
ISAIS FLOWERSTRUSTEE
Trustee or director
5$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
MICHAEL PAGESTRUSTEE
Trustee or director
5$0
TIMOTHY J GRAHAMTRUSTEE
Trustee or director
5$0
KHADIJAH KINGTRUSTEE
Trustee or director
5$0
ALTISHA BYRDPRESIDENT
Trustee or director
5$0
ALEXIS GIBSONVICE PRESIDENT
Trustee or director
5$0
DONALD TAYLORTRUSTEE
Trustee or director
5$0
DR ARNOLD JEFFREY WHITETRUSTEE
Trustee or director
5$0
ISAIS FLOWERSTRUSTEE
Trustee or director
5$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL PAGESTRUSTEE
Trustee or director
5$0
TIMOTHY J GRAHAMTRUSTEE
Trustee or director
5$0
KHADIJAH KINGTRUSTEE
Trustee or director
5$0
ALTISHA BYRDPRESIDENT
Trustee or director
5$0
ALEXIS GIBSONVICE PRESIDENT
Trustee or director
5$0
DONALD TAYLORTRUSTEE
Trustee or director
5$0
DR ARNOLD JEFFREY WHITETRUSTEE
Trustee or director
5$0
ISAIS FLOWERSTRUSTEE
Trustee or director
5$0

Address and contacts

Address (IRS master file)
124 MADISON AVE, PATERSON, NJ 07524-1501
In care of
% MAGDALIA DALE
Principal officer (990 for 2024)
Joshua Solow, 124 MADISON AVENUE, Paterson, NJ 07524
Signed the 990
Joshua Solow, Business Admin
Phone
(973) 247-8920
Return prepared by
SCOTT J LOEFFLER CPA LLC

Mission

We will provide a moral and rigorous education, accomplished in a hands-on, technology infused educational environment that will allow our students to attend college, while developing a commitment to global citizenship, environmental sustainability, and personal virtue.

990 for the year ended June 30, 2025

Program accomplishments

  • We will provide a moral and rigorous education to a diverse student body, accomplished in a hands-on, technology infused educational environment that embraces differentiated instruction and individual attention that will allow our students to attend college, while developing a commitment to global citizenship, environmental sustainability, and personal virtue.
    Expenses $15,821,231 · revenue $17,350,411

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
81-0842534
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
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$1,882,276
Income (IRS master file)
$17,350,411

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$17,350,411$17,713,271$1,882,276IRS
990June 2024$15,389,334$16,019,817$2,091,536IRS
990June 2023$12,768,117$12,117,072$2,569,607XML
990June 2022$10,222,539$10,353,863$1,918,559IRS
990June 2021–––IRS
990June 2020–––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 81-0842534).

Questions about PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC

What is the EIN of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC?
The employer identification number (EIN) of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC is 81-0842534.
Is PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON 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 PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON 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 PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON 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 PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC?
The 990 for the year ended June 30, 2025 names Joshua Solow.
Who are the officers and directors of PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $17,350,411, expenses of $17,713,271 and total assets of $1,882,276 at year end.

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