Newmark High School INC FY2020 filing

Tax-deductible

Scotch Plains, NJ501(c)(3)Since 2002EducationEIN 04-3735532

Newmark high school is committed to helping students succeed both academically and socially in an atmosphere that holds them accountable for their own achievement. The cornerstone of each students development is an individually tailored, comprehensive academic program that utilizes an interactive, technology-infused approach. Classroom learning is rounded out with training in social skills and responsible decision-making that is continually reinforced by our qualified staff.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$490K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $41K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$490K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $42
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$26K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8M
Spent
$4.8M
To programs
80%
Net assets
$665K
By yearFY2020–FY2024
Revenue
$4.8M
FY2020
Revenue by fiscal year
FY2020$4.8M
FY2021$5.1M
FY2022$4.8M
FY2023$5.0M
FY2024$5.4M
FY2024$5.6M
Expenses
$4.8M
FY2020
Expenses by fiscal year
FY2020$4.8M
FY2021$5.1M
FY2022$4.9M
FY2023$5.2M
FY2024$5.4M
FY2024$5.6M
Net assets
$665K
FY2020
Net assets by fiscal year
FY2020$665K
FY2021$668K
FY2022$570K
FY2023$412K
FY2024$451K
FY2024$489K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNewmark High School INC
EINHdr · item D04-3735532
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2003
Year of formationHdr · item L2002
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CScotch Plains, NJ
NTEE classificationIRS BMFEducation (B25)
WebsiteHdr · item Jwww.newmarkeducation.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$3.8M
Management & general20%$981K
Total functional expensesLn 25$4.8M

Finances

Money in and out, what it owns and owes

Program efficiency
80%
of spending reaches programs
Months of spending covered by cash
1.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$692K
FY2020
Total assets by fiscal year
FY2020$692K
FY2021$691K
FY2022$591K
FY2023$681K
FY2024$899K
FY2024$1.3M
Total liabilities
$26K
FY2020
Total liabilities by fiscal year
FY2020$26K
FY2021$23K
FY2022$21K
FY2023$269K
FY2024$449K
FY2024$764K
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$692K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$394K
Total assetsLn 16$692K
Total liabilitiesLn 26$26K
Total net assetsLn 32$665K
Months of cash on handcomputed1.0

Statement of Revenue

Part VIII
Program service revenue$4.8M · 98%
Contributions & grants$81K · 2%
Program service revenue98%$4.8M
Contributions & grants2%$81K
Total revenueLn 12$4.8M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Months of spending covered by cash
Highly liquid reserves $394K · Operating expenses/yr $4.8M
1.0 months
Where the money goes
Program services
Program services $3.8M · Total expenses $4.8M
80%
Management & General
Management & general $981K · Total expenses $4.8M
20%
Fundraising
Fundraising $0 · Total expenses $4.8M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $81K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $81K · Total revenue $4.8M
2%
Government reliance
Government grants — · Total revenue $4.8M
—
Earned-income share
Program service revenue $4.8M · Total revenue $4.8M
98%
Investment reliance
Investment income $0 · Total revenue $4.8M
0%
Program self-sufficiency
Program service revenue $4.8M · Total expenses $4.8M
99%
Growth & trend
Revenue growth (YoY)
This year $4.8M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $665K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.8M · Expenses $4.8M
+0.2%
Liabilities-to-Assets
Total liabilities — · Total assets $692K
—
Net-asset ratio
Net assets $665K · Total assets $692K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $692K
0%
People & payroll
Highest Reported Total Compensation
Individual Cynthia Allman · Reported title EXEC DIR/VP · Highest reported compensation $117K · Total expenses $4.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.7M · Total expenses $4.8M
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%——
Overhead ratio 20%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Exec Dir/VP
$117,185Pt VII · Sec A
Exec Dir/Pres
$117,185Pt VII · Sec A
Supervisor
$88,105Pt VII · Sec A
Principal
$80,408Pt VII · Sec A
Business Mgr
$60,095Pt VII · Sec A
Social Worker
$26,523Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Cynthia Allman’s $116K as Exec Dir/VP is at the 42nd percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Dr Regina M Peter$115,418$113,723$113,746$118,500$124,586$117,185
Cynthia Allman$115,906$114,201$113,922$118,500$124,586$117,185
James Withum$107,607$107,294$105,093———
Thomas Beese JR———$92,563$89,867$88,105
Gina Borea$75,672$72,585$72,802$73,895$77,690$80,408
Cathleen Hartjen$64,351$62,446$60,568$64,019$65,347$26,523
Bruce Shapiro—$42,535$62,291$36,844$65,168$60,095
Cristin Dobish$55,592$53,971$51,771———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Educates students with disabilities for academic and social success.

Provided by the organization

This section is blank until Newmark High School INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $3.8M of program spending, described in the organization's own filed words · FY2019.
01

The newmark high school, inc. Is a state approved school for students with disabilities. The program is designed for students classified as emotionally disturbed and serves grades 9-12. The program is designed to achieve maximum social, emotional and academic growth for each student.

$3.8Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$42

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $5.4M$5.4M+8% 990 PDF
FY2023 $5.0M$5.2M+5% 990 PDF
FY2022 $4.8M$4.9M-6% 990 PDF
FY2021 $5.1M$5.1M+5% 990 PDF
FY2020 Viewing $4.8M$4.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $4,839,521 across 9 lines filed
VIII-1f All other contributions, gifts and grants$80,713
VIII-1h Total contributions, gifts and grants$80,713
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,758,808$4,758,808
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $4,758,808$4,839,521
Part IX · Statement of functional expenses $4,829,708 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $196,109 · Management $196,109$392,218
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,676,224 · Management $396,727$2,072,951
IX-8 Pension plan contributionsPrograms $317,887 · Management $109,237$427,124
IX-9 Other employee benefitsPrograms $540,565 · Management $102,298$642,863
IX-10 Payroll taxesPrograms $138,735 · Management $42,802$181,537
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $158,953 · Management $66,548$225,501
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $8,787$8,787
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $408,309$408,309
IX-17 TravelPrograms $45,278 · Management $20$45,298
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,291 · Management $4,214$5,505
IX-20 InterestManagement $4,261$4,261
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $15,402$15,402
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $350,193 · Management $49,759$399,952
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $3,848,946 · Management $980,762 · Fundraising $0$4,829,708
Part X · Balance sheet $691,867 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $416,529$394,273
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $168,044$165,151
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $66,459$107,376
X-10c Land, buildings and equipment, netStart of year $37,251$25,067
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $688,283$691,867
X-17 Accounts payable and accrued expensesStart of year $31,780$26,385
X-26 Total liabilitiesStart of year $32,614$26,385
X-27 Net assets without donor restrictionsStart of year $34,711$25,893
X-28 Net assets with donor restrictionsStart of year $620,958$639,589
X-32 Total net assets or fund balancesStart of year $655,669$665,482
X-33 Total liabilities and net assetsStart of year $688,283$691,867
Part XI · Reconciliation of net assets $665,482 net assets at year end
XI-1 Total revenue$4,839,521
XI-2 Total expenses$4,829,708
XI-3 Revenue less expenses$9,813
XI-4 Net assets at start of year$655,669
XI-10 Net assets at end of year$665,482

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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