CHRIST THE KING PREPARATORY SCHOOL Charity Report

Tax-exempt status may be revoked

CHRIST THE KING PREPARATORY SCHOOL

EIN 06-1803490 · Secondary, High School

What they do

CHRIST THE KING PREPARATORY SCHOOL PROVIDES AN AFFORDABLE ALTERNATIVE for URBAN FAMILIES WHO WANT A SMALL, CATHOLIC, CO-EDUCATIONAL, COLLEGE PREPARATORY SECONDARY SCHOOL. THE HIGH SCHOOL ALSO ASSISTS STUDENTS THROUGH WORK PROGRAMS WITH CORPORATE SPONSORS AFFILIATED WITH THE CORPORATE INTERNSHIP PROGRAM (CIP). CHRIST THE KING PREP HAS FOUR CLASSES, 9TH, 10TH, 11TH and 12TH GRADES. THE MAJORITY of THE STUDENTS COME FROM NEWARK, IRVINGTON, and EAST ORANGE and 90% ARE ELIGIBLE for THE FEDERAL FREE and REDUCED LUNCH PROGRAM.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.00%of revenue went to mission work83.6% of expenses · Program services

5.46%of revenue went to fundraising5.2% of expenses

$105.29spent for every $100 of revenueSpending was higher than revenue this year.

11.83%of revenue went to management and office costs11.2% of expenses

$0.21in assets for every $1 spent this yearSome assets cannot be spent right away.

39.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $171,267 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $84,039 for CHRIS PATEREK (BUSINESS MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,240,008

Mission workProgram services$2,851,13388.00% of revenue83.6% of expenses

ManagementOffice and general costs$383,30511.83% of revenue11.2% of expenses

FundraisingAsking for donations$176,8375.46% of revenue5.2% of expenses

Total expenses$3,411,275105.29% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2016CurrentExpense mix: 83.6% mission · 11.2% management · 5.2% fundraisingTotal expenses: 105.29% of revenue

2015Expense mix: 87.3% mission · 6.7% management · 6.0% fundraisingTotal expenses: 103.51% of revenue

2014Expense mix: 88.7% mission · 5.8% management · 5.5% fundraisingTotal expenses: 101.19% of revenue

Money in and money out

Revenue$3,240,008

Expenses$3,411,275

Annual shortfall $171,267 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,851,133 · 83.6% of expenses

Management and office costs$383,305 · 11.2% of expenses

Fundraising$176,837 · 5.2% of expenses

See all reported dollar amounts

Revenue$3,240,008

Expenses$3,411,275

Assets$707,817

Income$3,314,838

Contributions$1,287,524

Mission work (program services)$2,851,133

Fundraising$176,837

Management and general$383,305

Executive compensation (total)$85,453

Accounting fees$36,225

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRIS PATEREKBUSINESS MANAGER · 40 hrs/week $84,039Base $72,121 · Other $11,918

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

CHRIS PATEREKBUSINESS MANAGER

JOHN ONEILLMEMBER

THOMAS CARVERMEMBER

THERESA DONOHUEMEMBER

SISTER GLORIA OBRIENMEMBER

PATRICK MCGOVERNVICE-CHAIRMAN

MONIQUE MCKEONMEMBER

MONICA OLIVERMEMBER

MATHEW R GLOWSKITREASURER

KAREN SHEEHYMEMBER

JUNE M INDERWIESCHAIRMAN

JOHN B WILSONMEMBER

SISTER NANCY GRASSIA OSFSECRETARY

JOHN BRENNANMEMBER

FR ROBERT SANDOZPRESIDENT

EDWARD WATERFIELDMEMBER

BOBET BENNET-MARSHALLMEMBER

ARTHUR MARTINMEMBER

ANTHONY BASTARDIMEMBER

ANGELO DEL RUSSOMEMBER

ALISON BANKS-MOOREMEMBER

About this charity

Location: 239 woodside avenue, newark, NJ 07104
County: Essex
In care of: FR ROBERT SANDOZ
Primary officer: FR ROBERT SANDOZ, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(973) 483-0033

Filing and classification

Latest tax year: 2016
Tax period began: July 1, 2016
Return type: 990
Tax preparer: PKF OCONNOR DAVIES LLP
IRS tax category: Secondary, High School
Revocation date: November 15, 2020