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Nonprofit · EIN 81-2644961

LEAD CHARTER SCHOOL INC

Also known as DOWAYNE DAVIS

Tax-exempt · NEWARK, NJ 07107

Financials

$6.8M$6.1M2022$9.5M$7.7M2023$11M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of LEAD CHARTER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,971,482$7,930,818$3,040,664$7,390,718$771,812$6,618,906
June 30, 2024990$9,537,937$7,737,274$1,800,663$3,910,661$332,417$3,578,244
June 30, 2023990$6,821,301$6,062,893$758,408$1,825,266$47,685$1,777,581
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,935,676
of which government grants
$10,935,676
Program service revenue
$0
Investment income
$0
Other revenue
$35,806

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$827,219
Other salaries and wages
$1,950,493
Salaries, compensation and benefits (total)
$4,067,714
Professional fundraising fees
$0
Legal fees
$22,593
Accounting fees
$206,821
Occupancy
$807,704
Depreciation
$24,330
Program services (functional)
$5,295,181
Management and general (functional)
$2,635,637

Balance sheet and other

Total assets, start of year
$3,910,661
Total assets, end of year
$7,390,718
Total liabilities, end of year
$771,812
Net assets, end of year
$6,618,906
Land, buildings and equipment
$64,333
Net assets without donor restrictions
$6,618,906
Gross receipts
$10,971,482
Employees
44
Volunteers
5
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 / weekCompensationOther / benefits
SHABANI STEWARTCHIEF ACADEMIC OFFICER
Highest-paid employee
40$129,438$0
DR JEROME PATTERSONSPECIAL EDUCATION & FINANCIAL LITERACY TEACHER
Highest-paid employee
40$117,700$5,760
KASHON ABDUL-QADIRNETWORK SUPPORT SPECIALIST
Highest-paid employee
40$122,134$0
ZEUXI DE LA CRUZDIRECTOR OF OPERATIONS
Highest-paid employee
40$113,782$0
ANDREW CURRIESOCIAL STUDIES AND SPED TEACHER
Highest-paid employee
40$104,430$0
CRAIG DRINKARDCHAIR
Trustee or director, Officer
2$0$0
RODNEY BRUTTONVICE CHAIR
Trustee or director
2$0$0
JENNIFER FINNERTYMEMBER
Trustee or director
2$0$0
DOMINIQUE LEEMEMBER
Trustee or director
2$0$0
LAURA GOLDSTEINMEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
TRACEY KUHNDIRECTOR OF STUDENT SUPPORT SERVICES
Highest-paid employee
40$125,703$0
SHABANI STEWARTCHIEF ACADEMIC OFFICER
Highest-paid employee
40$121,550$0
KASHON ABDUL-QADIRNETWORK SUPPORT SPECIALIST
Highest-paid employee
40$111,321$0
DR JEROME PATTERSONSPECIAL EDUCATION & FINANCIAL LITERACY TEACHER
Highest-paid employee
40$104,167$5,760
CRAIG DRINKARDCHAIR
Trustee or director, Officer
2$0$0
RODNEY BRUTTONVICE CHAIR
Trustee or director
2$0$0
SCOTT EMERICKMEMBER
Trustee or director
2$0$0
JENNIFER FINNERTYMEMBER
Trustee or director
2$0$0
DOMINIQUE LEEMEMBER
Trustee or director
2$0$0
LAURA GOLDSTEINMEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
DR JEROME PATTERSONSPECIAL EDUCATION & FINANCIAL LITERACY TEACHER
Highest-paid employee
40$110,093$5,760
SHABANI STEWARTCHIEF ACADEMIC OFFICER
Highest-paid employee
40$112,650$0
CRAIG DRINKARDCHAIR
Trustee or director
2$0$0
RODNEY BRUTTONVICE CHAIR
Trustee or director
2$0$0
SCOTT EMERICKMEMBER
Trustee or director
2$0$0
JENNIFER FINNERTYMEMBER
Trustee or director
2$0$0
DOMINIQUE LEEMEMBER
Trustee or director
2$0$0
LAURA GOLDSTEINMEMBER
Trustee or director
2$0$0
ROBERT CLARKCHIEF EXECUTIVE OFFICER
Trustee or director
40$0$0

Address and contacts

Address (IRS master file)
571 CENTRAL AVE 2ND FL, NEWARK, NJ 07107-1463
In care of
% SANDONNA JONES
Principal officer (990 for 2024)
ROBERT CLARK, 201 BERGEN STREET, NEWARK, NJ 07103
Signed the 990
DR BRIAN FALKOWSKI, SCHOOL BUSINESS ADMINISTRATOR
Phone
(862) 772-1725
Return prepared by
OLUGBENGA OLABINTAN CPA INC

Mission

THE MISSION OF LEAD CHARTER IS TO HELP STUDENTS AGES 16-21 IN GRADES 9-12 TO MASTER THE ESSENTIAL SKILLS CRUCIAL FOR SUCCESS IN POST-SECONDARY EDUCATION, CAREER AND COMMUNITY LEADERSHIP WITHIN A GLOBAL SOCIETY.

990 for the year ended June 30, 2025

Program accomplishments

  • LEAD CHARTER SCHOOLS KEY DESIGN ELEMENTS SUPPORT THE UNIQUE ACADEMIC AND NONACADEMIC NEEDS OF STUDENTS WHO HAVE DISENGAGED FROM TRADITIONAL SCHOOLING. ITS INNOVATIVE MODEL REENGAGES YOUNG PEOPLE VIA ACTIVE PARTICIPATION IN RIGOROUS AND RELEVANT CONTENT AND STANDARDS-DRIVEN, COMPETENCY BASED INSTRUCTION ALIGNED WITH EMERGING MARKET DEMANDS. DURING THE FISCAL YEAR ENDED JUNE 30, 2025, THE CHARTER SCHOOL HAD AN ENROLLMENT OF APPROXIMATELY 311 IN GRADES 9-11.
    Expenses $5,295,181

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
81-2644961
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
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$7,390,718
Income (IRS master file)
$10,971,482

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,971,482$7,930,818$7,390,718XML
990June 2024$9,537,937$7,737,274$3,910,661XML
990June 2023$6,821,301$6,062,893$1,825,266XML
990June 2022$5,918,523$5,450,146$1,329,553IRS
990June 2021–––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 81-2644961).

Questions about LEAD CHARTER SCHOOL INC

What is the EIN of LEAD CHARTER SCHOOL INC?
The employer identification number (EIN) of LEAD CHARTER SCHOOL INC is 81-2644961.
Is LEAD CHARTER SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to LEAD CHARTER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEAD CHARTER 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 LEAD CHARTER 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 LEAD CHARTER 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 LEAD CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 names ROBERT CLARK.
Who are the officers and directors of LEAD CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 10 people; 5 received compensation from the organization, the highest $129,438 (SHABANI STEWART, CHIEF ACADEMIC OFFICER).
How much revenue does LEAD CHARTER SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,971,482, expenses of $7,930,818 and total assets of $7,390,718 at year end.

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