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Nonprofit · EIN 81-1625366

NORTH STAR ACADEMY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10007

Financials

$12.7M$12.3M2022$13.6M$13.4M2023$13.5M$14.3M2024
Revenue Expenses · by fiscal year end
Financials of NORTH STAR ACADEMY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,545,663$14,341,880-$796,217$164,077,022$170,824,210-$6,747,188
June 30, 2024990$13,576,488$13,403,601$172,887$167,952,135$173,855,592-$5,903,457
June 30, 2023990$12,692,468$12,330,242$362,226$171,675,890$177,752,234-$6,076,344
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,991,080
Program service revenue
$11,144,046
Investment income
$410,537
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,991,080
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$42,494
Depreciation
$4,682,788
Program services (functional)
$14,341,880

Balance sheet and other

Total assets, start of year
$167,952,135
Total assets, end of year
$164,077,022
Total liabilities, end of year
$170,824,210
Net assets, end of year
-$6,747,188
Land, buildings and equipment
$140,972,933
Net assets without donor restrictions
-$6,747,188
Gross receipts
$13,545,663
Employees
0
Volunteers
4
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 / weekCompensationFrom related orgsOther / benefits
BRETT PEISERDIRECTOR/CO-CEO
Trustee or director, Officer
1$0$687,895$50,180
JOHN POWELLCFO
Officer
1$0$325,418$3,500
PEGGY LIAOSENIOR DIRECTOR, FP&A
Officer
1$0$196,544$8,719
NORMAN ATKINSDIRECTOR
Trustee or director
1$0$0$0
YVONNE CHAODIRECTOR
Trustee or director
1$0$0$0
BROOKE REIDDIRECTOR
Trustee or director
1$0$0$0
RAVI BELLURDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRETT PEISERDIRECTOR/CEO
Trustee or director, Officer
1$0$664,917$47,342
JOHN POWELLSENIOR VICE PRESIDENT
Trustee or director, Officer
1$0$200,859$3,526
PEGGY LIAOSENIOR VICE PRESIDENT
Trustee or director, Officer
1$0$75,989$2,637
NORMAN ATKINSDIRECTOR
Trustee or director
1$0$0$0
YVONNE CHAODIRECTOR
Trustee or director
1$0$0$0
BROOKE REIDDIRECTOR
Trustee or director
1$0$0$0
RAVI BELLURDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRETT PEISERDIRECTOR/CEO
Trustee or director, Officer
1$0$497,653$44,709
BROOKE REIDDIRECTOR (UNTIL 6/2023)
Trustee or director
1$0$0$0
RAVI BELLURDIRECTOR
Trustee or director
1$0$0$0
NORMAN ATKINSDIRECTOR
Trustee or director
1$0$0$0
YVONNE CHAODIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
100 CHURCH STREET 9TH FLOOR, NEW YORK, NY 10007-2650
In care of
% RHF
Principal officer (990 for 2024)
JOHN POWELL, 100 CHURCH STREET 9TH FLOOR, NEW YORK, NY 10007
Signed the 990
JOHN POWELL, CFO
Phone
(646) 774-2150
Return prepared by
AAFCPAS INC

Mission

NSA FOUNDATION WAS FORMED TO SUPPORT NORTH STAR ACADEMY CHARTER SCHOOL OF NEWARK, BOTH OPERATIONALLY AND IN CONNECTION WITH THE ACQUISITION AND DEVELOPMENT OF FACILITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • EXPENSES INCURRED IN SUPPORTING NORTH STAR ACADEMY CHARTER SCHOOL OF NEWARK. PLEASE REFER TO FORM 990, PART III, LINE 1, FOR THE ORGANIZATION'S MISSION.
    Expenses $14,341,880 · grants $1,991,080 · revenue $11,144,046

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
81-1625366
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$164,077,022
Income (IRS master file)
$13,545,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,545,663$14,341,880$164,077,022IRS
990-TJune 2025–––IRS
990June 2024$13,576,488$13,403,601$167,952,135IRS
990-TJune 2024–––IRS
990June 2023$12,692,468$12,330,242$171,675,890XML
990-TJune 2023–––IRS
990June 2022$11,591,147$13,367,943$174,771,536IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 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 81-1625366).

Questions about NORTH STAR ACADEMY FOUNDATION INC

What is the EIN of NORTH STAR ACADEMY FOUNDATION INC?
The employer identification number (EIN) of NORTH STAR ACADEMY FOUNDATION INC is 81-1625366.
Is NORTH STAR ACADEMY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to NORTH STAR ACADEMY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH STAR ACADEMY FOUNDATION 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 NORTH STAR ACADEMY FOUNDATION 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 NORTH STAR ACADEMY FOUNDATION 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 NORTH STAR ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JOHN POWELL.
Who are the officers and directors of NORTH STAR ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does NORTH STAR ACADEMY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,545,663, expenses of $14,341,880 and total assets of $164,077,022 at year end.

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