2024-11-14T13:56:12-06:00 2023-12-31 222005150 PORZIO BROMBERG & NEWMAN PC 100 SOUTHGATE PARKWAY PO BOX 1997 MORRISTOWN NJ 079621997 990 2023-01-01 881885287 ADVANCED SCHOOLS INC ADVA 9086662087 2401 SUN VALLEY WAY FLORHAM PARK NJ 07932 TURGAY KARAGOZ PRESIDENT 9086662087 2024-11-14 1 0 I RICHARD PLOSS P01453622 9738894087 2023 2024-10-15 13:58:12Z X TURGAY KARAGOZ 2401 SUN VALLEY WAY FLORHAM PARK NJ 07932 930839 0 X N/A X 2023 NJ ADVANCED SCHOOLS, INC. WILL BE SPECIFICALLY GEARED TOWARDS SUPPORTING MIDDLESEX COUNTY STEM CHARTER SCHOOL AND OTHER UNDERSERVED CHARTER SCHOOLS, SUPPLYING AN OUTSOURCED ADMINISTRATION TEAM WITH SPECIALIZED KNOWLEDGE AND SKILLS TO IMPLEMENT CURRICULUM AND STRATEGIES ALIGNED WITH EACH CHARTER SCHOOL CLIENT'S MISSION AND TO OPERATE THE SCHOOLS TO SUBSTANTIALLY IMPROVE STUDENT ACADEMIC OUTCOMES. ANY PROCEEDS GENERATED BY ADVANCED SCHOOLS, INC. WILL BE REDISTRIBUTED IN A VARIETY OF WAYS, INCLUDING WITHOUT LIMITATION, AWARDING INDIVIDUAL SCHOLARSHIPS, SPONSORING EXTRACURRICULAR ACTIVITIES AND FUNDING OF STUDENT-RUN CLUBS AND FIELD TRIPS. IT IS ESTIMATED THAT THE REMAINING 20 PERCENT OF ADVANCED SCHOOLS, LNC.'S TIME WILL BE DEVOTED TO THESE AUXILIARY ACTIVITIES. IN THE AFOREMENTIONED WAYS, ADVANCED SCHOOLS, INC. WILL FULFILL ITS MISSION OF IMPROVING EDUCATIONAL OUTCOMES OF THE STUDENTS OF NEW JERSEY. 3 3 0 0 930839 0 0 655839 0 275000 930839 0 0 0 0 0 831881 831881 98958 35335 134294 204715 35335 -70421 X ADVANCED SCHOOLS, INC. WILL BE SPECIFICALLY GEARED TOWARDS SUPPORTING MIDDLESEX COUNTY STEM CHARTER SCHOOL AND OTHER UNDERSERVED CHARTER SCHOOLS, SUPPLYING AN OUTSOURCED ADMINISTRATION TEAM WITH SPECIALIZED KNOWLEDGE AND SKILLS TO IMPLEMENT CURRICULUM AND STRATEGIES ALIGNED WITH EACH CHARTER SCHOOL CLIENT'S MISSION AND TO OPERATE THE SCHOOLS TO SUBSTANTIALLY IMPROVE STUDENT ACADEMIC OUTCOMES. ANY PROCEEDS GENERATED BY ADVANCED SCHOOLS, INC. WILL BE REDISTRIBUTED IN A VARIETY OF WAYS, INCLUDING WITHOUT LIMITATION, AWARDING INDIVIDUAL SCHOLARSHIPS, SPONSORING EXTRACURRICULAR ACTIVITIES AND FUNDING OF STUDENT-RUN CLUBS AND FIELD TRIPS. IT IS ESTIMATED THAT THE REMAINING 20 PERCENT OF ADVANCED SCHOOLS, LNC.'S TIME WILL BE DEVOTED TO THESE AUXILIARY ACTIVITIES. IN THE AFOREMENTIONED WAYS, ADVANCED SCHOOLS, INC. WILL FULFILL ITS MISSION OF IMPROVING EDUCATIONAL OUTCOMES OF THE STUDENTS OF NEW JERSEY. 1 0 831881 930839 ADVANCED SCHOOLS, INC. WILL BE SPECIFICALLY GEARED TOWARDS SUPPORTING MIDDLESEX COUNTY STEM CHARTER SCHOOL AND OTHER UNDERSERVED CHARTER SCHOOLS, SUPPLYING AN OUTSOURCED ADMINISTRATION TEAM WITH SPECIALIZED KNOWLEDGE AND SKILLS TO IMPLEMENT CURRICULUM AND STRATEGIES ALIGNED WITH EACH CHARTER SCHOOL CLIENT'S MISSION AND TO OPERATE THE SCHOOLS TO SUBSTANTIALLY IMPROVE STUDENT ACADEMIC OUTCOMES. 831881 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X TURGAY KARAGOZ PRESIDENT 9086662087 18 CANDOUR COURT HACKETTSTOWN NJ 07853 X TURGAY KARAGOZ CHAIRMAN OF THE BOARD 7.50 X X 0 0 0 SERDAR CHARYYEV SECRETARY 7.50 X X 0 0 0 NANCY ROACHE TREASURER 7.50 X X 0 0 0 0 0 0 0 0 0 0 0 SUB-LEASE INCOME 531390 655839 655839 655839 LONG TERM LOAN 275000 275000 275000 930839 0 930839 0 4512 4512 188000 188000 15376 15376 REPAIRS & MAINTENANCE 315010 315010 RENT OR LEASE OF BUILDI 238698 238698 LOAN PRINCIPAL PAYMENTS 70285 70285 831881 831881 0 0 35335 134294 35335 134294 0 204715 0 204715 X 0 0 0 0 0 -70421 35335 -70421 35335 134294 X 98958 1 X 0 0 0 X 0 0 0 0.00000 X 0 LONG TERM BUSINESS LOAN PRINCIPAL BALANCE 204715 204715 FORM 990, PART III, LINE 2 2023 IS THE INITIAL PROGRAM YEAR OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: PRESIDENT AND TREASURER OF ORGANIZATION MEET WITH TAX PREPARER TO REVIEW FORM 990 FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY AN ANNUAL INQUIRY OF OFFICERS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING ADJUSTMENT 1.