The Newmark School Inc
- Assets
- $19.8m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 63
- Location
- Scotch Plains, NJ
- Founding
- 07/2001
- Data as of
- 06/2021
- EIN
- 22-3785561
Organization Overview
The Newmark School Inc is located in Scotch Plains, NJ. The organization was established in 2001. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Newmark School Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newmark School 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, Newmark School Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $5.5m during the year ending 06/2021. While expenses have increased by 1.4% 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
A STATE APPROVED PRIVATE SCHOOL FOR STUDENTS WITH DISABILITIES ENABLING STUDENTS TO SUCCEED BOTH ACADEMICALLY AND SOCIALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEWMARK SCHOOL, INC. IS A STATE APPROVED SCHOOL FOR STUDENTS WITH DISABILITIES. THE PROGRAM IS DESIGNED FOR STUDENTS CLASSIFIED AS EMOTIONALLY DISTURBED AND SERVES K-8. THE PROGRAM IS DESIGNED TO ACHIEVE MAXIMUM SOCIAL, EMOTIONAL AND ACADEMIC GROWTH FOR EACH STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Allman Director/vp | OfficerTrustee | 22 | $133,303 |
Dr Regina M Peter Director/pres | OfficerTrustee | 22 | $133,303 |
Gina Borea Principal | 22 | $83,126 | |
Cathleen Hartjen Social Worker | 22 | $69,918 | |
Bruce Shapiro Business Mgr | Officer | 18 | $69,728 |
Emily Keyes Supervisor | 22 | $55,360 |
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 | $2,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,690 |
| Total Program Service Revenue | $5,513,171 |
| Investment income | $79,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,608,712 |
| 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. | $446,772 |
| Compensation of current officers, directors, key employees. | $223,386 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,561,427 |
| Pension plan accruals and contributions | $603,309 |
| Other employee benefits | $525,074 |
| Payroll taxes | $211,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,009 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,188 |
| Advertising and promotion | $0 |
| Office expenses | $7,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,975 |
| Travel | $11,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,727 |
| Interest | $129,630 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209,035 |
| Insurance | $15,905 |
| All other expenses | $0 |
| Total functional expenses | $5,525,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,446,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,398 |
| 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 | $130,440 |
| Net Land, buildings, and equipment | $13,474,489 |
| Investments—publicly traded securities | $4,657,816 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,805,323 |
| Accounts payable and accrued expenses | $28,048 |
| 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 | $5,816,466 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,844,514 |
| Net assets without donor restrictions | $12,337,059 |
| Net assets with donor restrictions | $1,623,750 |
| 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 | $19,805,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Newmark School Inc has recieved totaling $232.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |