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Nonprofit · EIN 27-4419100

ASHLAND SCHOOL INC

Tax-exempt · NEWARK, NJ 07102

Financials

$4.6M$3.5M2022$4.7M$3.4M2023$4.7M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of ASHLAND SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,696,816$4,832,671-$135,855$55,495,347$51,320,642$4,174,705
June 30, 2024990$4,679,557$3,401,645$1,277,912$56,804,648$52,494,088$4,310,560
June 30, 2023990$4,572,801$3,467,935$1,104,866$57,388,594$54,355,946$3,032,648
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,446,447
Investment income
$250,369
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,500,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$5,753
Accounting fees
$22,055
Depreciation
$1,121,680
Program services (functional)
$4,810,616
Management and general (functional)
$22,055

Balance sheet and other

Total assets, start of year
$56,804,648
Total assets, end of year
$55,495,347
Total liabilities, end of year
$51,320,642
Net assets, end of year
$4,174,705
Land, buildings and equipment
$49,544,692
Net assets without donor restrictions
$4,174,705
Gross receipts
$4,696,816
Employees
0
Volunteers
3
Year formed
2010
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
JORDAN METZGERTRUSTEE
Trustee or director
2$0
DANIEL ADANTRUSTEE
Trustee or director
2$0
HANNAH RICHMANTRUSTEE
Trustee or director
2$0
GABRIELLA DIFILIPPONON-VOTING SECRETARY
Officer
2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
JORDAN METZGERTRUSTEE
Trustee or director
2$0
DANIEL ADANTRUSTEE
Trustee or director
2$0
HANNAH RICHMANTRUSTEE
Trustee or director
2$0
GABRIELLA DIFILIPPONON-VOTING SECRETARY
Officer
2$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
JORDAN METZGERTRUSTEE
Trustee or director
2$0
DANIEL ADANTRUSTEE
Trustee or director
2$0
HANNAH RICHMANTRUSTEE
Trustee or director
2$0
GABRIELLA DIFILIPPONON-VOTING SECRETARY
Officer
2$0

Address and contacts

Address (IRS master file)
60 PARK PL STE 802, NEWARK, NJ 07102-5508
In care of
% FRIENDS OF TEAM ACADEMY CHARTER
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

ASHLAND WAS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, OR TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE FRIENDS OF TEAM CHARTER SCHOOLS, INC. (FOT), A NEW JERSEY NON-PROFIT ORGANIZATION AND A PUBLIC CHARITY FOR PURPOSES OF SECTION 501(C)3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

990 for the year ended June 30, 2025

Program accomplishments

  • RENTAL INCOME FROM PROPERTIES LOCATED AT 229 18TH AVENUE IN NEWARK, NJ, 85 CUSTER AVENUE IN NEWARK, NJ AND 21 ASHLAND STREET IN NEWARK, NJ. ALL PROPERTIES ARE SCHOOLS WHICH ARE LEASED TO THE TEAM ACADEMY CHARTER SCHOOLS, INC. (TEAM), A NEW JERSEY CHARTER SCHOOL, WHICH FALLS DIRECTLY WITHIN THE SCOPE OF ASHLAND'S MISSION STATEMENT.
    Expenses $4,810,616 · grants $1,500,000 · revenue $4,446,447

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
27-4419100
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$55,495,347
Income (IRS master file)
$4,696,816

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,696,816$4,832,671$55,495,347IRS
990June 2024$4,679,557$3,401,645$56,804,648IRS
990June 2023$4,572,801$3,467,935$57,388,594XML
990June 2022$4,490,134$3,541,900$57,536,083IRS
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 27-4419100).

Questions about ASHLAND SCHOOL INC

What is the EIN of ASHLAND SCHOOL INC?
The employer identification number (EIN) of ASHLAND SCHOOL INC is 27-4419100.
Is ASHLAND SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to ASHLAND SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ASHLAND 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 ASHLAND 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 ASHLAND 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 ASHLAND SCHOOL INC?
The 990 for the year ended June 30, 2025 names ERICA GROHMAN.
Who are the officers and directors of ASHLAND SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ASHLAND SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,696,816, expenses of $4,832,671 and total assets of $55,495,347 at year end.

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