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Golden Door Charter School

Jersey City, NJ · EIN 22-3590539 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Golden Door Charter School reported $18.7 million in revenue and $12.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.95 went to program services, $27.05 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.6% of the total. Government grants made up 99.6%. The highest compensation it reported for one person was $190,843 (SCHOOL BUSINESS ADMINISTRATOR/BOARD SECRETARY). 6 people received more than $100,000 in reportable compensation. Revenue rose 117% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $19M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
73.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
27.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
99.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$190,843$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.57%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.713.3
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.9M expenses · 100.0% of program spending

Golden Door Charter School was founded on the simple convictions that a first rate education is the right of every individual, that all children can learn, and that every child should be challenged to reach his or her potential. The overall goals of the school are (1) to demonstrate the benefits of academic achievement that the public school students can routinely attain when the advantages of Charter School governance are coupled with ambitious new academic standards. (2) to increase the availability of choice to parents and students when selecting a learning environment and (3) to encourage…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SCHOOL BUSINESS ADMINISTRATOR/BOARD SECRETARY
Officer, key employee, highest compensated employee, 40.00 hrs/week
$180,735$0$10,108$190,843
CHIEF ACADEMIC OFFICER
Officer, key employee, highest compensated employee, 40.00 hrs/week
$157,206$0$10,108$167,314
ASSISTANT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$145,258$0$10,108$155,366
CURRICULUM SUPERVISOR 5-8
Highest compensated employee, 40.00 hrs/week
$127,355$0$10,108$137,463
CURRICULUM SUPERVISOR PK-4
Highest compensated employee, 40.00 hrs/week
$103,800$0$10,108$113,908
STEM CERTIFIED TEACHER
Highest compensated employee, 40.00 hrs/week
$100,957$0$10,108$111,065

6 people received more than $100,000 in reportable compensation from Golden Door Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $795K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$19M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$19M$12M73.0%$27M$190,843
FY2024 ⓘ$19M$11M72.5%$21M$178,581
FY2023 ⓘ$16M$9.9M67.8%$11M$198,000
FY2022 ⓘ$12M$9.3M67.5%$5.1M$198,000
FY2021 ⓘ$10M$8.4M67.4%$2.8M$165,984
FY2020 ⓘ$8.6M$7.9M73.9%$1.1M$150,162

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 597
  • Volunteers Part I, line 65

Private foundation grants it received

1 private foundation reported grants to Golden Door Charter School totaling $65 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Golden Door Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Golden Door Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Golden Door Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Golden Door Charter School reported that 73.0% of its $12.2 million in expenses went to program services, 27.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Golden Door Charter School pay its top executive?

The largest total compensation Golden Door Charter School reported for one person in the fiscal year ending June 30, 2025 was $190,843, for the role of SCHOOL BUSINESS ADMINISTRATOR/BOARD SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Golden Door Charter School get its money?

Of $18.7 million in revenue in the fiscal year ending June 30, 2025, 99.6% came from contributions and grants (including 99.6% from government grants) and 0.3% from program service revenue (Form 990, Part VIII).

Is Golden Door Charter School a registered charity?

The IRS lists EIN 22-3590539 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610619349300441 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530459349300518 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410439349301126 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331259349301403 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221299349301242 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202221379349301277 · read the filing

All filings for EIN 22-3590539: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.