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Hatikvah International Academy Charter School

East Brunswick, NJ · EIN 27-1102088 · 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

Hatikvah International Academy Charter School reported $13.3 million in revenue and $12.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.32 went to program services, $21.68 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.5% of the total. Government grants made up 97.2%. The highest compensation it reported for one person was $253,550 (DIRECTOR, THRU JUNE 30, 2025). 3 people received more than $100,000 in reportable compensation. Revenue rose 63% between FY2021 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 $13M

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)
78.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
21.7%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
97.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
97.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$253,550$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.05%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.713.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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
$9.7M expenses · 100.0% of program spending

The organization is a Charter School. It operates a non-profit school where students may obtain a general education in conformity with the Charter School program act of 1995, p.l. 1985 et. Seq. During the year ended june 30, 2025, the Charter School had an enrollment of approximately 658 students in grades k to 8

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
DIRECTOR, THRU JUNE 30, 2025
Officer, key employee, highest compensated employee, 40.00 hrs/week
$253,550$0$0$253,550
DIRECTOR AS FROM JULY 1, 2025
Key employee, 40.00 hrs/week
$133,979$0$0$133,979
WORLD LANGUAGE SUPERVISOR
Key employee, 40.00 hrs/week
$126,223$0$0$126,223

3 people received more than $100,000 in reportable compensation from Hatikvah International Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $538K (Part IX, line 5).

5 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$20MFY2021FY2022FY2023FY2024FY2025$13M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$13M$12M78.3%$3.8M$253,550
FY2024 ⓘ$12M$11M80.5%$2.9M$231,546
FY2023 ⓘ$11M$11M72.5%$2.1M$217,208
FY2022 ⓘ$10M$9.9M83.5%$1.5M$210,497
FY2021 ⓘ$8.2M$8.1M81.9%$1.0M$207,803

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–1b7 · 7 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 5100
  • Volunteers Part I, line 65

Private foundation grants it received

4 private foundations reported grants to Hatikvah International Academy Charter School totaling $1,256 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 Hatikvah International Academy 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 Hatikvah International Academy 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 Hatikvah International Academy Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Hatikvah International Academy Charter School reported that 78.3% of its $12.4 million in expenses went to program services, 21.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Hatikvah International Academy Charter School pay its top executive?

The largest total compensation Hatikvah International Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $253,550, for the role of DIRECTOR, THRU JUNE 30, 2025 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hatikvah International Academy Charter School get its money?

Of $13.3 million in revenue in the fiscal year ending June 30, 2025, 97.5% came from contributions and grants (including 97.2% from government grants) and 0.4% from program service revenue (Form 990, Part VIII).

Is Hatikvah International Academy Charter School a registered charity?

The IRS lists EIN 27-1102088 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202610969349300616 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510329349300001 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430659349301228 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349301662 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349302231 · read the filing

All filings for EIN 27-1102088: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.