FOUNDATION FOR NEWARK'S FUTURE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR NEWARK'S FUTURE INC (EIN 27-3453412)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-06-08
- IRS object ID
- 201621609349300717
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-06-08T09:42:16-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273453412 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR NEWARK'S FUTURE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 9736391600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE NO 604 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY MCLAIN | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 9736391600 | PhoneNum |
| Signature | 2016-06-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIMBERLY MCLAIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE NO 604 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,772,826 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FOUNDATIONFORNEWARKSFUTURE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO CREATE A FOUNDATION FOR SYSTEMATIC EDUCATIONAL REFORM WITHIN NEWARK, NJ. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,176,176 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,770,714 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,675 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,112 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,177,851 | PYTotalRevenueAmt |
| CY Total Revenue | $14,772,826 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,441,727 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,763,369 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $684,775 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $524,772 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $654,669 | PYOtherExpensesAmt |
| CY Other Expenses | $3,468,252 | CYOtherExpensesAmt |
| PY Total Expenses | $9,781,171 | PYTotalExpensesAmt |
| CY Total Expenses | $16,756,393 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,603,320 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,983,567 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,689,503 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,183,327 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $533,938 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,011,329 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,155,565 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,171,998 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO CREATE A FOUNDATION FOR SYSTEMATIC EDUCATIONAL REFORM WITHIN NEWARK,NJ THAT RESULTS IN DEMONSTRABLE HIGH ACADEMIC AND DEVELOPMENTAL ACHIEVEMENT FOR ALL YOUTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,895,716 | ExpenseAmt |
| Grant | $5,732,270 | GrantAmt |
| Desc | COMMUNITY ENGAGEMENT THE FOUNDATION TAKES A COMPREHENSIVE APPROACH TO IMPROVING EDUCATIONAL OUTCOMES FOR NEWARK CHILDREN. THE ORGANIZATION PROVIDES RESOURCES AND PROGRAMMING BOTH DIRECTLY FOR THE SCHOOL SYSTEMS AS WELL AS THE SURROUNDING COMMUNITIES AND ORGANIZATIONS THAT SERVE THE CHILDREN. AMONG THE BIGGEST INVESTMENTS IN THIS AREA FOR 2015 WAS A CITY-WIDE SUMMER YOUTH EMPLOYMENT PROGRAM AND FUNDING A CITY-WIDE COLLEGE-COMPLETION INITIATIVE CALLED THE NEWARK CITY OF LEARNING COLLABORATIVE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,281,028 | ExpenseAmt |
| Grant | $3,702,029 | GrantAmt |
| Desc | SCHOOL LEADERSHIP AND TEACHER QUALITYTHE FOUNDATION HAS PURSUED A COMPREHENSIVE STRATEGY TO RECRUIT, RETAIN AND EMPOWER A TOP NOTCH POOL OF EDUCATOR TALENT FOR TEACHER AND LEADER ROLES IN THE CITY. THE MOST SIGNIFICANT INVESTMENT IN THIS AREA IN 2015 WAS THE FOUNDATION'S CONTINUED SUPPORT AND FUNDING OF THE LABOR CONTRACT BETWEEN NEWARK PUBLIC SCHOOLS AND THE NEWARK TEACHERS UNION, AND THE RELATED COSTS TO EVALUATE AND IMPLEMENT THE CONTRACT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,137,124 | ExpenseAmt |
| Grant | $2,041,109 | GrantAmt |
| Desc | EARLY CHILDHOOD EDUCATION THE FOUNDATION BELIEVES THAT EARLY CHILDHOOD EDUCATION IS A KEY DETERMINING FACTOR TO POSITIVE EDUCATIONAL OUTCOMES FOR KIDS. THE FOUNDATION INVESTED IN INITIATIVES IN THIS AREA DESIGNED TO INCREASE PROFESSIONAL DEVELOPMENT, FOSTER GREATER PARENTAL ENGAGEMENT AND ESTABLISH A LOVE OF LEARNING FROM THE EARLIEST YEARS. THE BIGGEST INVESTMENTS IN THIS AREA WERE RAISING A READER AND MY VERY OWN LIBRARY, BOTH DESIGNED TO PROMOTE A CULTURE OF LITERACY AMONG STUDENTS AND THEIR FAMILIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,775,406 | ExpenseAmt |
| Grant | $1,287,961 | GrantAmt |
| Desc | OTHER PROGRAM SERVICES INCLUDE: - SCHOOL OPTIONS AND INNOVATIONS- NEWARK PUBLIC SCHOOLS OPERATING EXCELLENCE- CITYWIDE PLANNING, COORDINATION AND OUTREACH | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,775,406 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,287,961 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $16,089,274 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIM MCLAIN PRESIDENTCEO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9736391600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE NO 604 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PAUL BERNSTEIN | |||||||
| CHAIRMAN | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER HOLLERAN | |||||||
| SECRETARY/TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SENATOR CORY BOOKER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ENRICO GAGLIOTI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ROBERT JOHNSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLY MCLAIN | |||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $244,821 | $0 | $70,923 | ||
| KEVIN CALLAGHAN | |||||||
| PROGRAM DIRECTOR | 40.00 | $101,142 | $0 | $26,865 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $345,963 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $97,788 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KEYSTONE CONSULTING US LLC | |||||
| 14 EAST KINNEY STREET | NEWARK | NJ | 07102 | NPS UNIVERSAL ENROLLMENT PROJECT | $415,804 |
| MCCARTER & ENGLISH LLP | |||||
| FOUR GATEWAY CENTER 100 MULBERRY S | NEWARK | NJ | 07102 | NPS LEGAL SERVICES | $151,962 |
| HARVARD UNIVERSITY | |||||
| PO BOX 499 | BOSTON | MA | 02212 | NPS ANALYSIS/CONSULTING | $134,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $14,770,714 | AllOtherContributionsAmt |
| Total Contributions | $14,770,714 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,112 | TotalRevenueColumnAmt |
| Exclusion | $2,112 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,772,826 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,112 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,763,369 | TotalAmt |
| Program Services | $12,763,369 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,744 | TotalAmt |
| Program Services | $157,872 | ProgramServicesAmt |
| Management And General | $157,872 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,109 | TotalAmt |
| Program Services | $82,592 | ProgramServicesAmt |
| Management And General | $54,517 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,635 | TotalAmt |
| Program Services | $11,134 | ProgramServicesAmt |
| Management And General | $9,501 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,191 | TotalAmt |
| Program Services | $8,672 | ProgramServicesAmt |
| Management And General | $8,519 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,093 | TotalAmt |
| Program Services | $21,740 | ProgramServicesAmt |
| Management And General | $12,353 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,739 | TotalAmt |
| Management And General | $42,739 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,091 | TotalAmt |
| Program Services | $15,523 | ProgramServicesAmt |
| Management And General | $46,568 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,003,920 | TotalAmt |
| Program Services | $3,003,920 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,152 | TotalAmt |
| Management And General | $82,152 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,783 | TotalAmt |
| Management And General | $31,783 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,794 | TotalAmt |
| Management And General | $41,794 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,807 | TotalAmt |
| Program Services | $24,452 | ProgramServicesAmt |
| Management And General | $73,355 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,960 | TotalAmt |
| Management And General | $47,960 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,749 | TotalAmt |
| Management And General | $14,749 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,746 | TotalAmt |
| Management And General | $5,746 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,506 | TotalAmt |
| Management And General | $8,506 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| DUES & SUBSCRIPTIONS | $13,519 | $13,519 |
| PROFESSIONAL DEVELOPMEN | $12,792 | $12,792 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,694 | TotalAmt |
| Management And General | $2,694 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,756,393 | TotalAmt |
| Program Services | $16,089,274 | ProgramServicesAmt |
| Management And General | $667,119 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $607,039 | BOYAmt |
| EOY | $349,636 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,712,812 | BOYAmt |
| EOY | $33,697 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,700 | BOYAmt |
| EOY | $5,782,801 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,206 | BOYAmt |
| EOY | $17,193 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $52,205 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $52,205 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,746 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,689,503 | BOYAmt |
| EOY | $6,183,327 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,952 | BOYAmt |
| EOY | $849,496 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,986 | BOYAmt |
| EOY | $3,161,833 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,938 | BOYAmt |
| EOY | $4,011,329 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,196,534 | BOYAmt |
| EOY | -$578,150 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,959,031 | BOYAmt |
| EOY | $2,750,148 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,155,565 | BOYAmt |
| EOY | $2,171,998 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,689,503 | BOYAmt |
| EOY | $6,183,327 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,983,567 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,499,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,648,531 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,417,880 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,176,176 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,770,714 | CurrentTaxYearAmt |
| Total | $89,513,172 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,499,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,648,531 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,417,880 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,176,176 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,770,714 | CurrentTaxYearAmt |
| Total | $89,513,172 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $70,535,244 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,977,928 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $356 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,005 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,688 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,675 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,112 | CurrentTaxYearAmt |
| Total | $6,836 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $89,520,008 | TotalSupportAmt |
| Public Support CY170 | 0.21200 | PublicSupportCY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | TREASURY REGULATION SECTION 1.170A-9(E)(3) PROVIDES THAT, NOTWITHSTANDING AN ORGANIZATION'S NOT SATISFYING THE 33 1/3 PERCENT PUBLIC SUPPORT TEST, IT CAN STILL QUALIFY AS A PUBLIC CHARITY IF ITS PUBLIC SUPPORT PERCENTAGE IS NORMALLY AT LEAST TEN (10) PERCENT, AND IT MEETS THE FACTS AND CIRCUMSTANCE TEST IN THIS CONTEXT. IT IS REQUIRED THAT AN ORGANIZATION MUST BE SO ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS WHICH IN TURN REQUIRES THAT THE ORGANIZATION MAINTAIN A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS. FOUNDED IN 2010, THE ORGANIZATION HAS BEEN COMMITTED TO IMPROVING EDUCATIONAL OUTCOMES FOR ALL NEWARK SCHOOLCHILDREN, ENSURING THEY ARE COLLEGE AND CAREER-READY BY INVESTING IN TRANSFORMATIVE PROGRAMS THAT CREATE LARGE-SCALE CHANGE THROUGH SHORT-TERM PHILANTHROPY. THE FOUNDATION INVESTS IN THREE AREAS OF IMPACT: THE K-12 EDUCATIONAL EXPERIENCE AND BEYOND, EARLY CHILDHOOD EDUCATION, AND COMMUNITY ENGAGEMENT. THE FACT THAT THE ORGANIZATION HAS MADE SUCH EFFORTS FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUAL BASIS IS EVIDENCE THAT THE ORGANIZATION IS PUBLICLY SUPPORTED. SECOND, THE HIGHER THE TEN (10) PERCENT REQUIREMENT, THE LESSER THE BURDEN IN ESTABLISHING PUBLICLY SUPPORTED NATURE OF THE ORGANIZATION THROUGH OTHER FACTORS. FOR THE TAX YEAR ENDED DECEMBER 31, 2015, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE IS 21.20%, WHICH FAR EXCEEDS THE MINIMUM REQUIREMENT.THIRD, THE ORGANIZATION RECEIVES SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ITS SUPPORT FROM A SINGLE DONOR. THE ORGANIZATION OPERATES TO ATTRACT PUBLIC SUPPORT ON A CONTINUAL BASIS AND ITS SOURCES OF CONTRIBUTIONS INCLUDE CORPORATE GIVINGS AS WELL AS FOUNDATION GRANTS. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,500 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,500 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,230 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,230 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,475 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,475 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,785,201 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $12,375 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $12,375 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,772,826 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,772,826 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,768,768 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $12,375 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $12,375 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,756,393 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,756,393 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTONS FOR PERIODS PRIOR TO DECEMBER 31, 2012. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (20 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| BARD HIGH SCHOOL EARLY COLLEGE | ||||||||
| 525 EAST HOUSTON ST | NEW YORK | NY | 10002 | 141713034 | 501(C)(3) | $300,000 | SEE PART IV | |
| BRICK ACADEMY | ||||||||
| PO BOX 995 | NEWARK | NJ | 07102 | 270820249 | 501(C)(3) | $762,500 | SEE PART IV | |
| COLLEGE SUMMIT INC | ||||||||
| 1763 COLUMBIA ROAD NW | WASHINGTON | DC | 20009 | 522007028 | 501(C)(3) | $75,000 | SEE PART IV | |
| COMMUNITY FOUNDATION OF NJ | ||||||||
| PO BOX 338 | MORRISTOWN | NJ | 07963 | 222281783 | 501(C)(3) | $1,635,500 | SEE PART IV | |
| EAGLE ACADEMY | ||||||||
| C/O 00 BLACK MEN INC 105 EAST 22ND | NEW YORK | NY | 10010 | 201532382 | 501(C)(3) | $175,000 | SEE PART IV | ST STE 625 |
| HARVEST VICTORY LTD | ||||||||
| 4809 EAST 49TH ST | VERNON | CA | 90058 | 710893045 | $43,427 | SEE PART IV | ||
| KLEO INC DBA CLASS WALLET | ||||||||
| 4141 NE 2ND AVE STE 203B | MIAMI | FL | 33137 | 270308480 | $769,440 | SEE PART IV | ||
| NATIONAL CARES MENTORING MOVEMENT | ||||||||
| 5 PENN PLAZA 23RD FL | NEW YORK | NY | 10001 | 320207585 | 501(C)(3) | $125,000 | SEE PART IV | |
| NEW JERSEY SCHOOL AGE CARE COALITION | ||||||||
| 213 NORTH AVE WEST 363 | WESTFIELD | NJ | 07090 | 521833613 | 501(C)(3) | $38,411 | SEE PART IV | |
| NEWARK CITY OF LEARNING COLLABORATIVE CO RUTGERS UNIVERSITY FOUNDATION | ||||||||
| 7 COLLEGE AVE | NEW BRUNSWICK | NJ | 08901 | 237318742 | 501(C)(3) | $500,000 | SEE PART IV | |
| NEWARK COMMUNITY ECONOMIC DEVELOPMENT CORPORATION | ||||||||
| 111 MULBERRY ST | NEWARK | NJ | 07102 | 260829057 | 501(C)(3) | $1,813,341 | SEE PART IV | |
| NEWARK PUBLIC SCHOOLS | ||||||||
| 2 CEDAR STREET | NEWARK | NJ | 07192 | 226002140 | STATE OF NJ | $2,700,089 | SEE PART IV | |
| NEWARK TRUST FOR EDUCATION | ||||||||
| 494 BROAD STREET SUITE LL30 | NEWARK | NJ | 07102 | 383663314 | 501(C)(3) | $125,007 | SEE PART IV | |
| PROGRAMS FOR PARENTS | ||||||||
| 570 BROAD STREET 8TH FLOOR | NEWARK | NJ | 07102 | 222504469 | 501(C)(3) | $155,000 | SEE PART IV | |
| RUTGERS UNIVERSITY FOUNDATION | ||||||||
| 123 WASHINGTON ST | NEWARK | NJ | 07102 | 237318742 | 501(C)(3) | $1,100,000 | SEE PART IV | |
| SUPPORT CENTER FOR NON PROFIT MANAGEMENT | ||||||||
| 42 BROADWAY 20TH FL | NEW YORK | NY | 10004 | 133911548 | 501(C)(3) | $251,501 | SEE PART IV | |
| THE FUTURE PROJECT | ||||||||
| 636 BROADWAY SUITE 704 | NEW YORK | NY | 10012 | 274374555 | 501(C)(3) | $265,000 | SEE PART IV | |
| THE REINVESTMENT FUND | ||||||||
| 1700 MARKET STREET 9TH FL | PHILADELPHIA | PA | 19103 | 232331946 | 501(C)(3) | $75,000 | SEE PART IV | |
| UNITED WAY OF ESSEX AND WEST HUDSON | ||||||||
| 303-309 WASHINGTON ST | NEWARK | NJ | 07102 | 226069078 | 501(C)(3) | $656,000 | SEE PART IV | |
| WILLING HEART COMMUNITY CARE CENTER | ||||||||
| 555 DR MARTIN LUTHER KING BLVD | NEWARK | NJ | 07103 | 270331295 | 501(C)(3) | $25,000 | SEE PART IV | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 18 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE ORGANIZATION HAS A FORMAL GRANT-MAKING PROCESS. EACH POTENTIAL GRANTEE MUST SUBMIT A PROPOSAL FOR REVIEW AND PROVIDE ANSWERS TO ANY FOLLOW-UP QUESTIONS AS REQUIRED. COMPLETED APPLICATIONS ARE EVALUATED AGAINST THE FOUNDATION'S PRIORITIES, THE GRANTEE'S NEEDS AND THE FUNDING AVAILABLE. THOSE SELECTED TO RECEIVE GRANTS MUST SIGN AN AGREEMENT, PROVIDE VERIFIABLE, IDENTIFYING DOCUMENTATION AND SUBMIT ON-GOING REPORTS TO RECEIVE PAYMENTS. |
| FORM 990, SCHEDULE I, PART II. LINE 1, COL (H): GRANT PURPOSE | THE PURPOSE OF GRANT ASSISTANCE TO DOMESTIC ORGANIZATIONS IS AS FOLLOWS: 1. BARD HIGH SCHOOL EARLY COLLEGE: SUPPORT FOR BARD HIGH SCHOOL EARLY COLLEGE'S MODEL INCLUDING STUDENT SUPPORT AND COLLEGE AND ACADEMIC ADVISING FOR STUDENTS. 2. BRICK ACADEMY: OVERALL PROGRAMMING AND WRAPAROUND SERVICES AT PERSHINE AND AVON AVENUE SCHOOLS; ALSO SEED FUNDING TO CREATE THE SOUTH WARD CHILDREN' S ALLIANCE, A FAMILY-SERVING RESOURCE FOR STUDENT FAMILIES IN NEED. 3. COLLEGE SUMMIT, INC.: FUNDING FOR COLLEGE ACCESS PROGRAMMING TO NEWARK HIGH SCHOOL STUDENTS AT SEVERAL COMPREHENSIVE HIGH SCHOOLS PROVIDING A COLLEGE-GOING CURRICULUM, APPLICATION SERVICES AND PEER LEADER TRAINING. 4. COMMUNITY FOUNDATION OF NJ - COMMUNITY SCHOOLS: A PLANNING GRANT TO SUPPORT THE DEVELOPMENT OF THE SOUTH WARD COMMUNITY SCHOOLS INITIATIATIVE, A PARTNERSHIP BETWEEN THE NEWARK PUBLIC SCHOOLS AND THE CITY OF NEWARK TO LAUNCH A SERIES OF COMMUNITY SCHOOLS IN NEWARK'S SOUTH WARD. NEW PATHS NEWARK: A CERTIFICATION, RE-TRAINING, AND DEGREE PROGRAM FOR NEWARK PUBLIC SCHOOLS CENTRAL OFFICE STAFF WHO LOST THEIR POSITIONS IN DISTRICT REORGANIZATION. NEWARK 350: SUPPORT FOR A YEAR-LONG CELEBRATION OF THE 350TH ANNIVERSARY OF THE FOUNDING OF THE CITY OF NEWARK, INCLUDING CULTURAL, ARTS, AND EDUCATIONAL PROGRAMMING THROUGHOUT THE CITY. OPPORTUNITY YOUTH: A PLANNING GRANT TO FACILITATE THE CREATION OF AN INTERMEDIARY ORGANIZATION THAT WILL SERVE THE NEEDS OF YOUTH AGES 16-24 WHO LEFT SCHOOL AND ARE NOT CONNECTED TO THE WORKFORCE. 5. EAGLE ACADEMY: SUPPORT FOR EAGLE ACADEMY NEWARK TO IMPLEMENT CRITICAL INTERVENTIONSTO ENSURE THAT THEIR STUDENTS ARE RECEVING THE ACADEMIC SUPPORTS NEEDED FOR SUCCESS. 6. HARVEST VICTORY LTD: SUPPLIES FOR A CITY-WIDE BACK TO SCHOOL EFFORT TO ENSURE THAT FAMILIES, TEACHERS, PRINCIPALS, AND THE COMMUNITY AT LARGE HAVE THE SUPPORT NEEDED TO BEGIN A STRONG SCHOOL YEAR. 7. KLEO INC., DBA CLASS WALLET: ANOTHER PART OF A BACK TO SCHOOL INITIATIVE, TEACHERS AND PRINCIPALS RECEIVED FLEXIBLE DOLLARS TO PURCHASE SUPPLIES, CURRICULUM, PROFESSIONAL DEVELOPMENT TOOLS, ETC TO START THE SCHOOL YEAR. 8. NATIONAL CARES MENTORING MOVEMENT: A PLANNING GRANT TO DEVELOP AN IMPLEMENTATION PLAN FOR A MENTORING PROGRAM IN NEWARK THAT CONNECTS SCHOOL COMMUNITIES IN NEED OF MENTORS FOR THEIR STUDENTS WITH THE FAITH-BASED COMMUNITY. 9. NEW JERSEY SCHOOL AGE CARE COALITION: SUPPORT FOR EXTENDED LEARNING TIME SERVICES AT NEWARK' S PUBLIC SCHOOLS INCLUDING CAPACITY BUILDING FOR THE DISTRICT OFFICE OF EXTENDED LEARNING TIME AND PROFESSIONAL DEVELOPMENT FOR COMMUNITY BASED ORGANIZATIONS, SCHOOLS AND TEACHERS. 10. NEWARK CITY OF LEARNING COLLABORATIVE C/O RUTGERS UNIVERSITY FOUNDATION: OPERATING AND PROGRAMMATIC SUPPORT FOR A COLLECTIVE IMPACT INITIATIVE THAT SEEKS TO INCREASE THE PERCENTAGE OF NEWARKERS WITH A COLLEGE DEGREE FROM TO 25% BY 2025. 11. NEWARK COMMUNITY ECONOMIC DEVELOPMENT CORPORATION: FUNDING FOR THE CITY OF NEWARK'S SUMMER YOUTH EMPLOYMENT PROGRAM IN SUPPORT OF AN ENHANCED MODEL THAT ESTABLISHED UNIVERSITY PARTNERSHIPS AND SERVED MORE YOUTH THAN EVER BEFORE. 12. NEWARK PUBLIC SCHOOLS: FUNDING FOR KEY ELEMENTS OF THE TEACHER CONTRACT AGREED TO IN 2012 BY THE NEWARK PUBLIC SCHOOLS AND THE NEWARK TEACHERS UNION; INCLUDES PERFORMANCE BONUSES AND STIPENDS FOR TEACHERS. 13. NEWARK TRUST FOR EDUCATION: GRANT TO THE POOLED FUND FOR HIGH QUALITY SCHOOL OPTIONS THAT FUNDS NEW OR HIGH QUALITY SCHOOLS. 14. PROGRAMS FOR PARENTS: SUPPORT FOR PROGRAMS FOR PARENTS TO CREATE A COMPREHENSIVE FAMILY ENGAGEMENT PROGRAM , INCLUDING A NEW PARENT RESOURCE APLICATION; FUNDS ALSO BUILD A PROFESSIONAL DEVELOPMENT PROGRAM FOR CENTER DIRECTORS AND LEAD TEACHERS AT NEWARK PRE-K SITES. 15. RUTGERS UNIVERSITY FOUNDATION: SUPPORT FOR THE ESTABLISHMENT AND ENDOWMENT OF THE CLEMENT A. PRICE INSTITUTE AT RUTGERS UNIVERSITY - NEWARK, NAMED AFTER A BELOVED CIVIC STEWARD WHO WAS CRITICAL TO SHAPING THE CITY'S CIVIC LIFE. 16. SUPPORT CENTER FOR NON PROFIT MANAGEMENT: A CAPACITY BUILDING PROGRAM FOR NON-PROFIT ORGANIZATIONS THAT INCLUDES FREE COACHING AND CONSULTING SERVICES SO THAT THEY CAN HAVE THE GREATEST POSSIBLE IMPACT ON THE YOUTH THEY SERVE. 17. THE FUTURE PROJECT: SUPPORT FOR THE FUTURE PROJECT TO IMPLEMENT ITS YOUTH-DRIVEN MODEL IN THREE NEWARK HIGH SCHOOLS. 18. THE REINVESTMENT FUND: SUPPORT FOR THE CREATION OF A CHILD CARE MAP FOR THE CITY OF NEWARK THAT ILLUSTRATES SUPPLY AND DEMAND FOR HIGH QUALITY PRE-K AND IDENTIFIES GAPS IN SERVICE. 19. UNITED WAY OF ESSEX AND WEST HUDSON: SUPPORT FOR THE IMPLEMENTATION OF THE RAISING A READER PROGRAM, A FAMILY LITERACY INTERVENTION THAT WILL SERVE 3,000 FAMILIES IN NEWARK AT FULL GROWTH. 20. WILLING HEART COMMUNITY CARE CENTER: SUPPORT FOR THE INAUGURAL YEAR OF THE WILLING HEART SCHOLARSHIP FUND WHICH SENDS NEWARK YOUTH TO COLLEGE WITH SCHOLARSHIP ASSISTANCE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY MCLAIN | PersonNm |
| Title | PRESIDENT AND CEO | TitleTxt |
| Base Compensation Filing Org | $223,071 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $21,750 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $40,673 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $30,250 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $315,744 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 7 | THE BONUS COMPENSATION PAYMENT FOR THE PRESIDENT AND CEO WAS BASED UPON EMPLOYEE PERFORMANCE AND AWARDED AT THE DISCRETION OF THE BOARD OF DIRECTORS. |
| PART II, COLUMN C: | DEFERRED BONUS FOR THE PRESIDENT AND CEO, WHICH WAS DETERMINED IN 2015 TO BE PAID IN 2016, IS INCLUDED IN PART II, COLUMN C. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COMMITTEE OF THE BOARD REVIEWS THE DRAFT OF THE 990 IN CONJUNCTION WITH MANAGEMENT. ONCE ANY QUESTIONS AND ISSUES HAVE BEEN RESOLVED, THE 990 IS FINALIZED, DISTRIBUTED TO THE FULL BOARD ELECTRONICALLY, AND PRESENTED TO THE BOARD FOR FINAL REVIEW AND APPROVAL. UPON REVIEW AND APPROVAL BY BOARD MEMBERS, THE 990 IS ADOPTED AND FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. ALL SUCH INDIVIDUALS HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AND ALL RELATIVE MATERIAL FACTS THEREOF, TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER SUCH DISCLOSURE, THE INTERESTED PERSON WILL LEAVE THE ROOM TO ALLOW THE GOVERNING BOARD OR COMMITTEE TO DISCUSS AND VOTE IF AN ACTUAL CONFLICT OF INTEREST EXISTS. IF APPROPRIATE, THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO FURTHER INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE SO-APPOINTED INDIVIDUAL OR COMMITTEE WILL RECOMMEND TO THE BOARD ALTERNATIVE ARRANGEMENTS, IF ANY, THAT DO NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT POSSIBLE, THE FOUNDATION BOARD OR COMMITTEE WILL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS FAIR, REASONABLE, AND IN THE FOUNDATION'S BEST INTERESTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE MEMBER WILL BE INFORMED AND AN EXPLANATION WILL BE REQUIRED. IF, FOLLOWING AN APPROPRIATE INVESTIGATION, IT IS DETERMINED THAT THE MEMBER FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT ON INTEREST, THE GOVERNING BODY WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS WILL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED, OR WERE FOUND TO HAVE, A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WAS PRESENT, AND THE GOVERNING BOARD OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. ADDITIONALLY, THE MINUTES WILL CONTAIN THE NAMES OF ALL PERSONS PRESENT FOR DISCUSSIONS AND VOTES RELATED TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS WILL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT THE AFFIRMS THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE CHARITABLE PURPOSE AND ACTIVITIES OF THE FOUNDATION. A COPY OF THE ANNUAL STATEMENT IS RETAINED IN THE FOUNDATION'S BOOK AND RECORDS. |
| FORM 990, PART VI, SECTION B, LINE 15A | OFFICER COMPENSATION IS SET BY REVIEWING BENCHMARK DATA AND OTHER RELEVANT COMPARABLE DATA POINTS, AND THROUGH DISCUSSION WITH EXTERNAL SEARCH FIRMS WHERE APPLICABLE. ONCE A RECOMMENDATION IS FORMULATED, IT IS PRESENTED TO THE BOARD FOR REVIEW AND FINAL APPROVAL. THE BOARD ALSO ANNUALLY REVIEWS AND APPROVES THE OPERATING BUDGET WHICH INCLUDES SALARIES AND EMPLOYEE BENEFITS. THE PROCESS FOR ESTABLISHING EXECUTIVE COMPENSATION WAS LAST PERFORMED ON JANUARY 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE UPON WRITTEN REQUEST OF THE ORGANIZATION AT 60 PARK PLACE, SUITE 604, NEWARK, NJ 07102, OR BY CALLING THE ORGANIZATION AT 973-639-1600. |
| FORM 990, PART IX, LINE 11G | CONSULTING- IMPLEMENTATION OF GRANTS PROGRAMS: PROGRAM SERVICE EXPENSES 3,003,920. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,003,920. |
| FORM 990, PART XII, LINE 1C | THE PROCESS FOR OVERSIGHT OF THE AUDIT, PREPARATION OF THE FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PROCESS EMPLOYED IN PRIOR YEAR. |