Newton Pride Corporation
- Assets
- $279.4k
- Revenue
- $323.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 05/1987
- Data as of
- 06/2022
- EIN
- 22-2793743
Organization Overview
Newton Pride Corporation is located in Newton, MA. The organization was established in 1987. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Pride Corporation 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 06/2022, Newton Pride Corporation generated $323.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $276.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED BY VOLUNTEERS IN 1989, NEWTON COMMUNITY PRIDE (NCP) IS A NON-PROFIT ORGANIZATION BUILDING COMMUNITY FOR ALL TO ENJOY THROUGH ARTS AND CULTURE PROGRAMMING, SUPPORTING BEAUTIFICATION PROJECTS AND PROMOTING VOLUNTEERISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FISCAL SPONSORSHIP - PROVIDING ADMINISTRATIVE AND FUNDRAISING SUPPORT FOR SMALL ORGANIZATIONS WITHIN THE CITY WHO PROMOTE VARIOUS ART AND CULTURAL ACTIVITIES FOR THE CITIZENS OF NEWTON.
FINANCIAL SUPPORT FOR CITY OF NEWTON - DIRECT FINANCIAL SUPPORT FOR FREE COMMUNITY PROGRAMMING INCLUDING JULY 4TH EVENTS, SUMMER CONCERTS AND OTHER ACTIVITIES ORGANIZED BY THE PR&C'S NEWTON CULTURAL DEVELOPMENT DEPARTMENT
FESTIVALS - COORDINATION OF MULTIPLE ARTS RELATED EVENTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Gavris Chairman | OfficerTrustee | 15 | $0 |
Meryl Kessler Treasurer | OfficerTrustee | 8 | $0 |
Enid Starr Vice Chairman | OfficerTrustee | 8 | $0 |
Howard Sholkin Clerk | Trustee | 2 | $0 |
Regina Farnese Director | Trustee | 1 | $0 |
Barbara Darnell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,938 |
| All other contributions, gifts, grants, and similar amounts not included above | $283,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,486 |
| Total Program Service Revenue | $2,495 |
| Investment income | $698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,004 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $323,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,100 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,500 |
| Advertising and promotion | $0 |
| Office expenses | $1,752 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $116 |
| Travel | $9,858 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,699 |
| Insurance | $5,329 |
| All other expenses | $63,934 |
| Total functional expenses | $276,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,146 |
| Savings and temporary cash investments | $100,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $849 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,413 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $163,987 |
| Net assets with donor restrictions | $115,426 |
| 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 | $279,413 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Newton Pride Corporation has recieved totaling $23,725.
| Awarding Organization | Amount |
|---|---|
Boston Foundation Inc Boston, MA PURPOSE: Operating Support/Annual Fund | $10,000 |
Mass General Brigham Incorporated And Affiliates Group Rtn Somerville, MA PURPOSE: COMMUNITY BENEFIT PROGRAM | $7,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,600 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Park Conservancy Inc New York, NY | $389,474,475 | $64,665,936 |
City Parks Foundation Inc New York, NY | $46,351,327 | $21,146,324 |
Pier55 Inc New York, NY | $281,389,922 | $61,475,219 |
Bryant Park Corporation New York, NY | $13,271,219 | $15,814,011 |
Paul Simons Foundation Inc Stony Brook, NY | $121,782,003 | $9,487,542 |
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |
White Haven Memorial Park Inc Pittsford, NY | $20,072,674 | $7,692,818 |
Riverfront Recapture Inc Hartford, CT | $5,471,440 | $4,320,239 |