Newark Mentoring Movement EIN 45-5092471 Form 990 (PDF) Claim this org

Newark Mentoring Movement

Not yet claimed Claim this org →

Connects people and groups to available mentoring programs. For fiscal year 2021 it reported $427K in revenue, $329K in expenses, and $142K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Newark, NJ
Website
www.newarkmentoring.org
Filings
2 on file (2020–2021)
Revenue
$427KFY2021
Expenses
$329K
Net assets
$142K
People
10
Filings
2
Updates
0
More identity details & actions ⌄
EIN  45-5092471 Unknown exempt organization Newark, NJ
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Newark Mentoring Movement claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects people and groups to available mentoring programs.
Leadership
Thomas Owens · Ex. Director · $105K
Money in and out
$427K revenue, $329K expenses
Bottom line
+23% surplus margin
Reported financial activity · FY2021
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$329K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $98K
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.18 Fundraising $0.23
Surplus margin
+23%
revenue over expenses, this year▲ +261% vs prior filing year
Program spending
59%
of expenses reach programs▲ +53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$427K
FY2021▲ +127%
Expenses
$329K
FY2021▲ +53%
Total assets
$142K
FY2021▲ +76%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$329K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$98K
Total assetsPt X · Ln 16$142K
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $194K of program spending, described in the organization's own filed words · FY2021.
01

Matching individuals, organizations and communities with mentoring programs.

$194Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNewark Mentoring Movement
EINHdr · item D45-5092471
Principal addressHdr · item CNewark, NJ
WebsiteHdr · item Jwww.newarkmentoring.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Ex. Director
$105,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Thomas Owens$105,000$109,038

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.

See Newark Mentoring Movement executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$317K · 74%
Program service revenue$110K · 26%
Contributions & grants74%$317K
Program service revenue26%$110K
— government grantsLn 1e$37K
Total revenueLn 12$427K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.18 Fundraising $0.23
Program services59%$194K
Management & general18%$60K
Fundraising23%$74K
Total functional expensesLn 25$329K

Balance Sheet

Part X · end of year
CashLn 1$142K
Total assetsLn 16$142K
Total liabilitiesLn 26$0
Total net assetsLn 32$142K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $142K · Operating expenses/yr $329K
5.2 months
Where the money goes
Program services
Program services $194K · Total expenses $329K
59%
Management & General
Management & general $60K · Total expenses $329K
18%
Fundraising
Fundraising $74K · Total expenses $329K
23%
Cost to raise $1
Fundraising expense (2-yr avg) $77K · Solicited contributions (2-yr avg) $234K
$0.33 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $317K · Total revenue $427K
74%
Government reliance
Government grants $37K · Total revenue $427K
9%
Earned-income share
Program service revenue $110K · Total revenue $427K
26%
Investment reliance
Investment income $0 · Total revenue $427K
0%
Program self-sufficiency
Program service revenue $110K · Total expenses $329K
33%
Growth & trend
Revenue growth (YoY)
This year $427K · Prior year $188K
+127%
Net-asset trend (YoY)
End of year $142K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $427K · Expenses $329K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $142K
Net-asset ratio
Net assets $142K · Total assets $142K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $142K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thomas Owens · Reported title EX. DIRECTOR · Highest reported compensation $105K · Total expenses $329K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $158K · Total expenses $329K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 18%
Fundraising cost ratio 23%
Revenue growth 127%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $10K · 2021–2021
Unitemized GrantFY2021$10,400

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$427K revenue · viewing · ⤓ 990 PDF
FY2020$188K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.