Nan Newark Tech World FY2023 filing

Tax-deductible

Newark, NJ501(c)(3)EducationEIN 81-3470980Revenue $734K in FY2023

On file with the IRS400 Hawthorne Avenue, 07112-3693 · Newark, NJTax-exempt since Dec 2016Publicly supported charity — 170(b)(1)(A)(vi)

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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.
92¢ of each $1 spent went to programs.
$190K 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

FY2023 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$190K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 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
$288K
89% of total assets
Concern: liabilities are 89% 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
$734K
-54% vs prior year
Spent
$1.1M
To programs
92%
Net assets
$36K
By yearFY2020–FY2024
Revenue
$734K
FY2023▼ -54%
Tap a bar for its year
Revenue by fiscal year
FY2020$891K
FY2021$1.6M
FY2022$1.6M
FY2023$734K
FY2024$2.4M
Expenses
$1.1M
FY2023▼ -41%
Tap a bar for its year
Expenses by fiscal year
FY2020$982K
FY2021$1.1M
FY2022$1.9M
FY2023$1.1M
FY2024$1.7M
Net assets
$36K
FY2023▼ -50%
Tap a bar for its year
Net assets by fiscal year
FY2020$34K
FY2021$344K
FY2022$73K
FY2023$36K
FY2024$683K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 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

92 cents of each dollar spent went to programs.

Program services 92% · $1.0M Management & general 8% · $88K

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; $190K paid to officers and key staff.

Part VII, Section A · reportable compensation
$150,000Pt 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.

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Provided by the organization

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1 program · in their own filed words · FY2023
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.

Pt IX · col B

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 FY2023 990, line by line.

1The main four
Money inPt VIII
$734K
Ln 12
Gifts and grantsLn 1h$682K
Fees for servicesLn 2g$51K
Money outPt IX
$1.1M
Ln 25
Programscol B$1.0M
Managementcol C$88K
Owns and owesPt X
$36K
net assets · Ln 32
Cash and savingsLn 1–2$174K
Total assetsLn 16$324K
LiabilitiesLn 26$288K
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$682K
Government grantsLn 1e$400K
Fees for servicesLn 2g$51K
Total revenueLn 12$734K
Assets in detailPt X, end of year
CashLn 1$174K
Cash and savings togetherLn 1–2$174K
Land, buildings, equipmentLn 10c$150K
Total assetsLn 16$324K
LiabilitiesLn 26$288K
Net assetsLn 32$36K
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 FY23End FY23
Cash and savingsLn 1–2$181K$174K
Land, buildings, equipmentLn 10c$150K
Total assetsLn 16$297K$324K
LiabilitiesLn 26$224K$288K
Net assetsLn 32$73K$36K
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$190K$171K$19K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$366K$340K$25K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$82K$76K$7K
Payroll taxesLn 10$54K$49K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$45K$40K$4K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$4K$4K$316
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$20K$19K$2K
InterestLn 20$7K$6K$563
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$41K$38K$3K
Other expenses (24a–d)Ln 24$198K$180K$18K
All other expensesLn 24e$93K$88K$4K
Total functional expensesLn 25$1.1M$1.0M$88K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.4M$1.7M$647K$683K 990 PDF
FY2023 Viewing $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 $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 FY2023 990 (6 parts)
Part I · Summary $733,839 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $605,372$682,419
I-9 Program service revenuePrior year $989,731$51,420
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,595,103$733,839
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $655,057$691,825
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,211,293$408,313
I-18 Total expensesPrior year $1,866,350$1,100,138
I-19 Revenue less expensesPrior year −$271,247−$366,299
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $733,839 across 5 lines filed
VIII-1e Government grants$400,000
VIII-1f All other contributions, gifts and grants$282,419
VIII-1h Total contributions, gifts and grants$682,419
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$51,420
VIII-12 Total revenue$733,839
Part IX · Statement of functional expenses $1,100,138 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 $171,000 · Management $19,000$190,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $340,463 · Management $25,475$365,938
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $75,767 · Management $6,588$82,355
IX-10 Payroll taxesPrograms $49,249 · Management $4,283$53,532
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $40,500 · Management $4,500$45,000
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 $3,638 · Management $316$3,954
IX-14 Information technology$0
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 $18,717 · Management $1,628$20,345
IX-20 InterestPrograms $6,478 · Management $563$7,041
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $37,887 · Management $3,294$41,181
IX-24 Other expenses (24a–d)Programs $180,135 · Management $17,920$198,055
IX-24e All other expensesPrograms $88,293 · Management $4,444$92,737
IX-25 Total functional expensesPrograms $1,012,127 · Management $88,011 · Fundraising $0$1,100,138
Part X · Balance sheet $324,090 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $180,591$174,408
X-10c Land, buildings and equipment, net$149,682
X-16 Total assetsStart of year $296,504$324,090
X-17 Accounts payable and accrued expensesStart of year $83,938$137,944
X-24 Unsecured notes and loans payable$150,000
X-26 Total liabilitiesStart of year $223,938$287,944
X-32 Total net assets or fund balancesStart of year $72,566$36,146
X-33 Total liabilities and net assetsStart of year $296,504$324,090
Part XI · Reconciliation of net assets $36,146 net assets at year end
XI-1 Total revenue$733,839
XI-2 Total expenses$1,100,138
XI-3 Revenue less expenses−$366,299
XI-4 Net assets at start of year$72,566
XI-8 Prior period adjustments$329,879
XI-10 Net assets at end of year$36,146

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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