Nonprofit · EIN 81-2644961
LEAD CHARTER SCHOOL INC
Also known as DOWAYNE DAVIS
Tax-exempt · NEWARK, NJ 07107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,971,482 | $7,930,818 | $3,040,664 | $7,390,718 | $771,812 | $6,618,906 |
| June 30, 2024 | 990 | $9,537,937 | $7,737,274 | $1,800,663 | $3,910,661 | $332,417 | $3,578,244 |
| June 30, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHABANI STEWART | CHIEF ACADEMIC OFFICER Highest-paid employee | 40 | $129,438 | $0 |
| DR JEROME PATTERSON | SPECIAL EDUCATION & FINANCIAL LITERACY TEACHER Highest-paid employee | 40 | $117,700 | $5,760 |
| KASHON ABDUL-QADIR | NETWORK SUPPORT SPECIALIST Highest-paid employee | 40 | $122,134 | $0 |
| ZEUXI DE LA CRUZ | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $113,782 | $0 |
| ANDREW CURRIE | SOCIAL STUDIES AND SPED TEACHER Highest-paid employee | 40 | $104,430 | $0 |
| CRAIG DRINKARD | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RODNEY BRUTTON | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| JENNIFER FINNERTY | MEMBER Trustee or director | 2 | $0 | $0 |
| DOMINIQUE LEE | MEMBER Trustee or director | 2 | $0 | $0 |
| LAURA GOLDSTEIN | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACEY KUHN | DIRECTOR OF STUDENT SUPPORT SERVICES Highest-paid employee | 40 | $125,703 | $0 |
| SHABANI STEWART | CHIEF ACADEMIC OFFICER Highest-paid employee | 40 | $121,550 | $0 |
| KASHON ABDUL-QADIR | NETWORK SUPPORT SPECIALIST Highest-paid employee | 40 | $111,321 | $0 |
| DR JEROME PATTERSON | SPECIAL EDUCATION & FINANCIAL LITERACY TEACHER Highest-paid employee | 40 | $104,167 | $5,760 |
| CRAIG DRINKARD | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RODNEY BRUTTON | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| SCOTT EMERICK | MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER FINNERTY | MEMBER Trustee or director | 2 | $0 | $0 |
| DOMINIQUE LEE | MEMBER Trustee or director | 2 | $0 | $0 |
| LAURA GOLDSTEIN | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JEROME PATTERSON | SPECIAL EDUCATION & FINANCIAL LITERACY TEACHER Highest-paid employee | 40 | $110,093 | $5,760 |
| SHABANI STEWART | CHIEF ACADEMIC OFFICER Highest-paid employee | 40 | $112,650 | $0 |
| CRAIG DRINKARD | CHAIR Trustee or director | 2 | $0 | $0 |
| RODNEY BRUTTON | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| SCOTT EMERICK | MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER FINNERTY | MEMBER Trustee or director | 2 | $0 | $0 |
| DOMINIQUE LEE | MEMBER Trustee or director | 2 | $0 | $0 |
| LAURA GOLDSTEIN | MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT CLARK | CHIEF 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
- Website
- www.leadcharterschool.org
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,971,482 | $7,930,818 | $7,390,718 | XML |
| 990 | June 2024 | $9,537,937 | $7,737,274 | $3,910,661 | XML |
| 990 | June 2023 | $6,821,301 | $6,062,893 | $1,825,266 | XML |
| 990 | June 2022 | $5,918,523 | $5,450,146 | $1,329,553 | IRS |
| 990 | June 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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