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Nonprofit · EIN 46-0757107

PRIMORIS ACADEMY INC

Tax-exempt · PARAMUS, NJ 07652

Financials

$2.4M$2.3M2023$3M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of PRIMORIS ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,957,884$2,868,056$89,828$946,287$0$946,287
December 31, 2023990$2,379,568$2,319,939$59,629$856,459$0$856,459
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$18,300
Program service revenue
$2,939,584
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$302,500
Other salaries and wages
$1,673,483
Salaries, compensation and benefits (total)
$1,828,847
Professional fundraising fees
$0
Accounting fees
$7,350
Occupancy
$255,728
Travel
$39,061
Depreciation
$9,357
Program services (functional)
$2,868,056

Balance sheet and other

Total assets, start of year
$856,459
Total assets, end of year
$946,287
Total liabilities, end of year
$0
Net assets, end of year
$946,287
Land, buildings and equipment
$3,624
Net assets without donor restrictions
$946,287
Gross receipts
$2,957,884
Employees
24
Year formed
2013
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATIE KIMPRESIDENT
Officer
–$0
TONY KIMTRUSTEES
Officer
–$0
ALEXANDER RATRUSTEES
Officer
–$0
ASAF WACHTELTRUSTEES
Officer
–$0
ORNA WACHTELTRUSTEES
Officer
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KATIE KIMPRESIDENT
Officer
–$0
TONY KIMTRUSTEES
Officer
–$0
ALEXANDER RATRUSTEES
Officer
–$0
ASAF WACHTELTRUSTEES
Officer
–$0
ORNA WACHTELTRUSTEES
Officer
–$0

Address and contacts

Address (IRS master file)
64 E MIDLAND AVE STE 7, PARAMUS, NJ 07652-2934
Principal officer (990 for 2024)
TONY KIM
Signed the 990
KATIE KIM, PRESIDENT
Phone
(201) 722-1000
Return prepared by
TAX OF AMERICA LLC

Mission

TO PROVIDE PROFOUNDLY BRIGHT YOUNG CHILDREN AN ADVANCED EDUCATION OPPORTUNITY MATCHED TO THEIR ABILITIES, STRENGTH, AND INTERESTS. WE STRIVE TO CHALLENGE AND INSPIRE THROUGH COMPELLING ACADEMIC PROGRAMS AND TO INSURE THAT EACH CHILD REACHES HIS/HER FULL POTENTIAL.

990 for the year ended December 31, 2024

Program accomplishments

  • PRIMORIS ACADEMY PROVIDES STUDENTS TO DISCOVER LIMITLESS OPPORTUNITIES TO LEARN, AND EXPLORE THE ENDLESS POSSIBILITIES OF THE WORLD AND YOUR OWN.
    Expenses $7,350
  • 1) OPERATION SMILE: CAR WASH AND CUP CAKE FOR FUNDRAISER 2) FOOD BANK OF NJ 3) SOAP MAKING: EVERY YEAR WE MAKE 100% NATURAL SOAPS AND PROCEEDS ARE DONATED TO CHILDREN IN NEED. WE DONATED TO TOYS FOR TOTS (ORPHANS WHO DONT GET XMAS PRESENTS) WE DONATED TO SICK CHILDREN IN THE HACKENSACK HOSPITAL
    Expenses $2,860,706 · grants $302,500

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0757107
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$946,287
Income (IRS master file)
$2,957,884

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,957,884$2,868,056$946,287IRS
990December 2023$2,379,568$2,319,939$856,459XML
990December 2022$2,137,457$1,952,450$796,830IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 46-0757107).

Questions about PRIMORIS ACADEMY INC

What is the EIN of PRIMORIS ACADEMY INC?
The employer identification number (EIN) of PRIMORIS ACADEMY INC is 46-0757107.
Is PRIMORIS ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PRIMORIS ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRIMORIS ACADEMY 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 PRIMORIS ACADEMY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRIMORIS ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRIMORIS ACADEMY INC?
The 990 for the year ended December 31, 2024 names TONY KIM.
Who are the officers and directors of PRIMORIS ACADEMY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PRIMORIS ACADEMY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,957,884, expenses of $2,868,056 and total assets of $946,287 at year end.

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