Nan Newark Tech World FY2020 filing

Tax-deductible

Newark, NJ501(c)(3)EducationEIN 81-3470980

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The Corp. is organized exclusively for the purpose of creating 21st century community learning centers that bridge the digital divide by providing technology rich after schools academic enrichment opportunities.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$158K 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
2 of 5
filings with a surplus
Average surplus $83K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$158K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $430K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$315K
90% of total assets
Concern: liabilities are 90% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$891K
Spent
$982K
To programs
91%
Net assets
$34K
By yearFY2020–FY2024
Revenue
$891K
FY2020
Revenue by fiscal year
FY2020$891K
FY2021$1.6M
FY2022$1.6M
FY2023$734K
FY2024$2.4M
Expenses
$982K
FY2020
Expenses by fiscal year
FY2020$982K
FY2021$1.1M
FY2022$1.9M
FY2023$1.1M
FY2024$1.7M
Net assets
$34K
FY2020
Net assets by fiscal year
FY2020$34K
FY2021$344K
FY2022$73K
FY2023$36K
FY2024$683K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $892K Management & general 9% · $90K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $158K paid to officers and key staff.

Part VII, Section A · reportable compensation
$117,996Pt VII · Sec A
Secretary
$40,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Steffi Bartley’s $150K as President is at the 64th percentile of top reported officer pay among 3395 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2020
Steffi Bartley$150,000$150,000$117,996
Sherion Hill$46,000$40,000$40,000

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides technology-rich after-school programs to bridge the digital divide.

Provided by the organization

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1 program service account for $982K of program spending, described in the organization's own filed words · FY2020.
01

Creat 21st century community learning centers that bridge the digital divide by providing technology rich after school academic enrichment opportunities for Newark students including literacy and related educational development programs for Newark job seekers and families.

$982Kprogram 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 · FY2024
See all 5 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$891K
Ln 12
Gifts and grantsLn 1h$522K
Fees for servicesLn 2g$369K
Money outPt IX
$982K
Ln 25
Programscol B$892K
Managementcol C$90K
Owns and owesPt X
$34K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$349K
LiabilitiesLn 26$315K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$522K
Fees for servicesLn 2g$369K
Total revenueLn 12$891K
Assets in detailPt X, end of year
CashLn 1$92K
Cash and savings togetherLn 1–2$92K
Land, buildings, equipmentLn 10c$95K
Total assetsLn 16$349K
LiabilitiesLn 26$315K
Net assetsLn 32$34K
OperationsPt I, VI
EmployeesI 526
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$10K$92K
Land, buildings, equipmentLn 10c$166K$95K
Total assetsLn 16$189K$349K
LiabilitiesLn 26$64K$315K
Net assetsLn 32$125K$34K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$118K$106K$12K
Pay of disqualified personsLn 6$243K$219K$24K
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$48K$43K$5K
Payroll taxesLn 10$36K$32K$4K
Management feesLn 11a$0
Legal feesLn 11b$12K$11K$1K
Accounting feesLn 11c$31K$28K$3K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$12K$11K$1K
Information technologyLn 14$10K$9K$1K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$12K$10K$1K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$87K$79K$9K
InsuranceLn 23$33K$30K$3K
Other expenses (24a–d)Ln 24$87K$87K$615
All other expensesLn 24e$252K$227K$25K
Total functional expensesLn 25$982K$892K$90K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.4M$1.7M$647K$683K 990 PDF
FY2023 $734K$1.1M−$366K$36K 990 PDF
FY2022 $1.6M$1.9M−$271K$73K 990 PDF
FY2021 $1.6M$1.1M$495K$344K 990 PDF
FY2020 Viewing $891K$982K−$91K$34K 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
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $891,040 across 4 lines filed
VIII-1f All other contributions, gifts and grants$521,686
VIII-1h Total contributions, gifts and grants$521,686
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$369,354
VIII-12 Total revenue$891,040
Part IX · Statement of functional expenses $982,191 across 30 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 $106,197 · Management $11,799$117,996
IX-6 Pay of disqualified personsPrograms $218,957 · Management $24,329$243,286
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $43,372 · Management $4,818$48,190
IX-10 Payroll taxesPrograms $32,272 · Management $3,586$35,858
IX-11a Management fees$0
IX-11b Legal feesPrograms $11,250 · Management $1,250$12,500
IX-11c Accounting feesPrograms $27,900 · Management $3,100$31,000
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $10,593 · Management $1,177$11,770
IX-14 Information technologyPrograms $9,270 · Management $1,030$10,300
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $10,421 · Management $1,157$11,578
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $78,693 · Management $8,744$87,437
IX-23 InsurancePrograms $29,932 · Management $3,326$33,258
IX-24 Other expenses (24a–d)Programs $86,542 · Management $615$87,157
IX-24e All other expensesPrograms $226,675 · Management $25,186$251,861
IX-25 Total functional expensesPrograms $892,074 · Management $90,117 · Fundraising $0$982,191
Part X · Balance sheet $349,333 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $9,787$92,390
X-4 Accounts receivableStart of year $13,612$162,399
X-10c Land, buildings and equipment, netStart of year $166,057$94,544
X-16 Total assetsStart of year $189,456$349,333
X-17 Accounts payable and accrued expensesStart of year $64,398$42,926
X-24 Unsecured notes and loans payable$272,500
X-26 Total liabilitiesStart of year $64,398$315,426
X-32 Total net assets or fund balancesStart of year $125,058$33,907
X-33 Total liabilities and net assetsStart of year $189,456$349,333
Part XI · Reconciliation of net assets $33,907 net assets at year end
XI-1 Total revenue$891,040
XI-2 Total expenses$982,191
XI-3 Revenue less expenses−$91,151
XI-4 Net assets at start of year$125,058
XI-10 Net assets at end of year$33,907

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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