Newgrange School Of Princeton Inc
- Assets
- $7.6m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 99
- Location
- Pennington, NJ
- Founding
- 03/1978
- Data as of
- 06/2021
- EIN
- 22-2163091
Organization Overview
Newgrange School Of Princeton Inc is located in Pennington, NJ. The organization was established in 1978. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Newgrange School Of Princeton Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newgrange School Of Princeton Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Newgrange School Of Princeton Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $8.8m during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER PEOPLE WITH LEARNING DISABILITIES TO REACH THEIR FULL POTENTIAL AS EDUCATED AND PRODUCTIVE MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEWGRANGE SCHOOL IS AN APPROVED NEW JERSEY STATE DEPARTMENT OF EDUCATION PRIVATE SCHOOL FOR STUDENTS WITH DISABILITIES DEDICATED TO EMPOWERING PEOPLE WITH LEARNING DIFFERENCES. THE STATE-APPROVED SPECIAL EDUCATION SCHOOL OFFERS AN ACADEMIC PROGRAM FOR STUDENTS AGES 7 THROUGH 21 WITH LANGUAGE-BASED LEARNING DIFFERENCE. THE CURRICULUM OF THE NEWGRANGE SCHOOL MEETS THE CORE CURRICULUM STANDARD SET BY THE STATE OF NEW JERSEY.
THE LAUREL SCHOOL OF PRINCETON IS A THOUGHT LEADER AMONG SCHOOLS FOR DYSLEXIA AND LEARNING DIFFERENCES. THE SCHOOL UTILIZES MULTISENSORY TEACHING, A RESEARCH-BASED CURRICULUM THAT CAN BE IMPERATIVE FOR THE EDUCATIONAL SUCCESS OF STUDENTS WITH LEARNING DIFFERENCE INCLUDING DYSLEXIA, DYSCALCULIA, DYSGRAPHIA, AS WELL AS ADHD AND EXECUTIVE FUNCTIONING DISORDER.
THE ROBINOWITZ EDUCATION CENTER IS DESIGNED TO MEET THE EDUCATIONAL NEED FOR PROFESSIONALS IN THE FIELD AND SPECIALIZED NEEDS OF CHILDREN WHO HAVE LEARNING AND RELATED LEARNING DISORDERS SUCH AS DYSLEXIA, DYSCALCULIA, AND DYSGRAPHIA. THE CENTER OFFERS TUTORING, EDUCATIONAL EVALUATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, INCLUDING WORKSHOPS, COURSES AND PROGRAMS TO EDUCATORS OF BOTH PUBLIC AND PRIVATE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Viands Former Ceo/head Of School | 40 | $275,976 | |
Deardra Rosenberg Director Of Ed | 40 | $188,414 | |
Kathleen Bostock Asst Director Of Education | 40 | $119,633 | |
Deepak Mehta President | OfficerTrustee | 1 | $0 |
Hershal Dave Trustee | Trustee | 1 | $0 |
Sridhar Alathur Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amerihealth New Jersey Health Insurance | 6/29/21 | $513,126 |
C Raymond Davis & Sons Inc Facility Costs/improvements | 6/29/21 | $479,678 |
School Business Office Llc Provides School Business Management | 6/29/21 | $137,003 |
Ryan James Agency Advertising, Marketing, Web Services | 6/29/21 | $213,874 |
Quantuam Strategies Llc Hr Services | 6/29/21 | $135,091 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,475 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,475 |
| Total Program Service Revenue | $7,792,628 |
| Investment income | $1,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$177,977 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,731,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,103,862 |
| Pension plan accruals and contributions | $211,439 |
| Other employee benefits | $374,413 |
| Payroll taxes | $311,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,155 |
| Fees for services: Accounting | $50,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $583,988 |
| Advertising and promotion | $123,481 |
| Office expenses | $125,823 |
| Information technology | $89,663 |
| Royalties | $0 |
| Occupancy | $255,088 |
| Travel | $2,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,205 |
| Interest | $161,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $383,128 |
| Insurance | $55,084 |
| All other expenses | $0 |
| Total functional expenses | $8,762,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,257 |
| Savings and temporary cash investments | $435,999 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $932,586 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $59,028 |
| Net Land, buildings, and equipment | $5,992,278 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,613,148 |
| Accounts payable and accrued expenses | $1,758,104 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,698,531 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,047 |
| Total liabilities | $7,462,682 |
| Net assets without donor restrictions | -$671,910 |
| Net assets with donor restrictions | $822,376 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,613,148 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newgrange School Of Princeton Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
South Jersey Charitable Foundation Voorhees, NJ PURPOSE: GENERAL PURPOSE SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
The Hagedorn Little Village School Seaford, NY | $17,101,359 | $21,155,572 |
Summit School Upper Nyack, NY | $17,974,431 | $18,614,927 |
Steppingstone Day School Inc Kew Garden Hills, NY | $5,707,568 | $18,884,905 |
Kennedy Childrens Center New York, NY | $16,208,391 | $17,351,422 |
Eclc Of Nj A New Jersey Non Profit Corporation Chatham, NJ | $5,195,140 | $18,377,068 |
Kingsway Learning Center Moorestown, NJ | $5,041,618 | $18,181,631 |
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
League School Brooklyn, NY | $8,003,102 | $18,878,930 |
The Manhattan Childrens Center Inc New York, NY | $11,028,934 | $17,851,466 |
American Federation Of Teachers Yonkers, NY | $7,190,230 | $15,527,584 |
Martin De Porres School Inc Elmont, NY | $5,784,072 | $14,760,411 |