2024-04-18T11:51:46-07:00 2023-06-30 202669703 OLUGBENGA OLABINTAN CPA INC 137 CAMDEN ST STE 3 NEWARK NJ 07103 990 2022-07-01 223510684 ELYSIAN CHARTER SCHOOL OF HOBOKEN ELYS 2018760102 1460 GARDEN STREET HOBOKEN NJ 07030 DR BRIAN FALKOWSKI SCHOOL BUSINESS ADMINISTRATOR 2018760102 2024-04-18 true DR BRIAN FALKOWSKI XXX-XX-XXXX true OLUGBENGA OLABINTAN CPA P01608312 2012307518 2024-04-18 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z DR BRIAN FALKOWSKI 1460 GARDEN STREET HOBOKEN NJ 07030 6302625 false X ecsnj.org X 1996 NJ THE ELYSIAN CHARTER SCHOOL OFFERS AN ACADEMIC PROGRAM TO HELP CHILDREN DISCOVER THEIR TALENTS. 9 9 98 5 0 0 5801382 5672625 166576 179785 240 0 -42226 450215 5925972 6302625 0 0 4499278 4475517 0 0 886801 1289116 5386079 5764633 539893 537992 2415039 2227431 2626312 170861 -211273 2056570 THE ELYSIAN CHARTER SCHOOL OFFERS AN ACADEMIC PROGRAM TO HELP CHILDREN DISCOVER THEIR TALENTS. false false 4043899 0 0 THE ELYSIAN CHARTER SCHOOL OF HOBOKEN OFFERS AN ACADEMIC PROGRAM TO HELP CHILDREN DISCOVER THEIR TALENTS AND PROVIDES A COMMUNITY RESOURCE AND MEANS TO UNITE PARENTS AND CHILDREN. 4043899 true false false false false false false false false false true false false true true false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 98 true false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false NJ X X CORPORATION 2018760102 1460 GARDEN STREET HOBOKEN NJ 07030 AMANDA GORDON BOARD CHAIR 5.00 X X 0 0 0 CHRIS DEFILIPPIS VICE CHAIR 5.00 X 0 0 0 DANIEL GLYNN TREASURER 5.00 X 0 0 0 MICHAEL GAZALEH TRUSTEE 5.00 X 0 0 0 CHRISTOPHER GIZZI TRUSTEE 5.00 X 0 0 0 JAMIE MARCHAND TRUSTEE 5.00 X 0 0 0 BERNADETTE REAGAN TRUSTEE 5.00 X 0 0 0 EDUARDO GONZALEZ TRUSTEE 5.00 X 0 0 0 SERENA TRINKWALDER TRUSTEE 5.00 X 0 0 0 SUSAN GRIERSON DIRECTOR 40.00 X X X 152430 0 0 152430 0 0 1 false true false 5672625 5672625 FOOD SERVICE 611110 36923 0 0 AFTER SCHOOL PROGRAM 611110 142862 0 0 179785 MISCELLANEOUS REVENUE 611110 450215 450215 0 0 450215 6302625 630000 0 0 150300 60120 90180 0 2529346 1867307 662039 0 82939 33176 49763 0 1507939 1084637 423302 0 204993 147448 57545 0 8541 0 8541 0 144739 0 144739 0 428493 257096 171397 0 274600 274600 0 0 8008 6887 1121 0 59577 59577 0 0 MISCELLANEOUS EXPENSES 104900 45105 59795 0 SUPPLIES 124415 77229 47186 0 STUDENT TRANSPORTATION 22566 22566 0 0 COMMUNICATIONS/TELEPHONE 12814 7688 5126 0 100463 100463 0 0 5764633 4043899 1720734 0 1274138 1853119 75618 885359 250646 345144 297096 48048 255542 0 2415039 2227431 573294 57028 67625 113833 1985393 0 2626312 170861 X -299052 2056570 87779 -211273 2056570 2415039 2227431 X 537992 1729851 X false true X true false X 0 0 0 0 0 0 0 10044 10044 0 335100 287052 48048 48048 DEFERRED OUTFLOWS 0 0 DEFERRED INFLOWS 0 0 6302625 6302625 6302625 5812681 56056 56056 5756625 8008 8008 5764633 Pt XII, Line 2d THE DIFFERENCE BETWEEN THE AUDITED EXPENSES AND THE EXPENSES PER FORM 990 CONSISTS OF CAPITAL PURCHASES THAT WERE EXPENSES UNDER NEW JERSEY DEPARTMENT OF EDUCATION GAAP BUT REFLECTED AS PART OF FIXED ASSETS FOR US GAAP. Pt XII, Line 4b THE DEPRECIATION EXPENSE CHARGED UNDER US GAAP BUT NOT APPLICABLE UNDER NJDOE GAAP. true true true true true true true false false false false false false false false true false true Line 3 THE CHARTER SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLISHED ON ITS WEBSITE AND IN THE ADS OF ITS LOCAL NEWSPAPERS. Line 6b THE CHARTER SCHOOL IS OPERATED UNDER A CHARTER GRANTED BY THE STATE OF NEW JERSEY. AS SUCH ELYSIAN CHARTER RECEIVES FUNDS FROM THE NEW JERSEY DEPARTMENT OF EDUCATION AND ALSO FROM THE US DEPARTMENT OF EDUCATION. THE CHARTER SCHOOL'S RIGHT TO THE NEW JERSEY AND FEDERAL AIDS HAS NEVER BEEN REVOKED OR SUSPENDED. X X X false false false false false false false false false SUSAN GRIERSON 152430 0 0 0 0 0 0 0 0 0 152430 0 0 0 Pt VI, Line 11b THE CHARTER SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW/PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE: AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY MANAGEMENT AND THEN PROVIDED TO MEMBERS OF THE CHARTER SCHOOL'S GOVERNING BOARD FOR REVIEW AND ANY COMMENTS. THE OUTSIDE ACCOUNTING FIRM INCORPORATES THE COMMENTS OF MANAGEMENT AND MEMBERS OF THE BOARD. THE FORM 990 IS FINALIZED AND FILED WITH THE IRS. Pt VI, Line 12c THE CHARTER SCHOOL HAS A CONFLICT OF INTEREST POLICY THAT IT REGULARLY MONITORS AND ENFORCES. THE CHARTER SCHOOL'S BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BOARD ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST POLICY EXISTS, THE GOVERNING BOARD AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BOARD WILL BE NOTIFIED IMMEDIATELY. THE MEMBER OF MANAGEMENT/THE BOARD WITH THE CONFLICT WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. Pt VI, Line 15a THE COMPENSATION OF THE CHARTER SCHOOL'S OFFICERS AND OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE CHARTER SCHOOL'S BOARD OF TRUSTEES. Pt VI, Line 15b THE COMPENSATION OF THE CHARTER SCHOOL'S CHIEF EXECUTIVE OFFICER (SCHOOL DIRECTOR)IS DETERMINED ANNUALLY AFTER AN EVALUATION OF THE CEO'S PERFORMANCE BY THE BOARD. THE COMPENSATION IS BENCHMARKED USING PUBLICY AVAILABLE RESOURCES SUCH AS FORMS 990 OF OTHER NEW JERSEY CHARTER SCHOOLS. Pt VI, Line 18 THE CHARTER SCHOOL MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE BUSINESS OFFICE: 1460 GARDEN STREET, HOBOKEN, NJ 07030, TELEPHONE - 201-876-0102. THE FORM 990 COULD ALSO BE OBTAINED THROUGH OTHER'S WEBSITE: WWW.GUIDESTAR.ORG Pt VI, Line 19 THE CHARTER SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE BUSINESS OFFICE: 1460 GARDEN STREET, HOBOKEN, NJ 07030, TELEPHONE - 201-876-0102. Pt XI LINE 9 - RECONCILIATION OF NET ASSETS - IN THE PRIOR YEAR ENDED JUNE 30, 2022, THE CHARTER SCHOOL'S FORM 990 REFLECTED THE GASB 68 PENSION ADJUSTMENTS. HOWEVER, FOR THE YEAR ENDED JUNE 30, 2023, THE CHARTER SCHOOL HAS DECIDED TO SIMPLIFY ITS FUND 990 BY NOT INCLUDING THE GASB 68 PENSION ADJUSTMENTS RESULTING IN AN ADJUSTMENT OF $1,729,851 TO THE BEGINNING NET ASSETS.