Leadership Newark Inc
- Assets
- $482.5k
- Revenue
- $394.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Newark, NJ
- Founding
- 11/1999
- Data as of
- 08/2021
- EIN
- 31-1659369
Organization Overview
Leadership Newark Inc is located in Newark, NJ. The organization was established in 1999. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 08/2021, Leadership Newark Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Newark 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 08/2021, Leadership Newark Inc generated $394.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $453.2k during the year ending 08/2021. 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
LEADERSHIP NEWARK IS A LEADERSHIP DEVELOPMENT PROGRAM FOCUSED ON PUBLIC POLICY ISSUES AFFECTING THE GREATER NEWARK AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LN PROGRAM- THE LN PROGRAM IS AS A COMMUNITY BUILDING FELLOWSHIP PROGRAM, WHICH PREPARES AND GROOMS ADULTS TO BE CIVIC LEADERS THROUGH PUBLIC POLICY ENRICHMENT AUGMENTED BY SKILL BUILDING AND TEAM BUILDING SESSIONS AS WELL (SEE SCHEDULE O FOR DETAILS).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Celia M King Mps Chief Executive Officer | Officer | 40 | $161,142 |
Karen Oliver Moore Chair, Trustee | OfficerTrustee | 5 | $0 |
Barbara Kauffman Secretary, Trustee | OfficerTrustee | 2 | $0 |
Bruno Genova Treasurer, Trustee | OfficerTrustee | 5 | $0 |
Martin Berkowitz Vice Chair, Trustee | OfficerTrustee | 5 | $0 |
Irene M O'brien Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,233 |
| Related organizations | $0 |
| Government grants | $39,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $323,280 |
| Total Program Service Revenue | $70,000 |
| Investment income | $756 |
| 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 | $394,036 |
| 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. | $167,196 |
| Compensation of current officers, directors, key employees. | $16,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,952 |
| Payroll taxes | $25,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,600 |
| Advertising and promotion | $1,565 |
| Office expenses | $23,946 |
| Information technology | $2,248 |
| Royalties | $0 |
| Occupancy | $35,691 |
| Travel | $5,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,956 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,128 |
| Insurance | $1,158 |
| All other expenses | $0 |
| Total functional expenses | $453,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,024 |
| Savings and temporary cash investments | $156,149 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $29,874 |
| 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 | $5,692 |
| Net Land, buildings, and equipment | $2,873 |
| Investments—publicly traded securities | $84,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,025 |
| Total assets | $482,514 |
| Accounts payable and accrued expenses | $22,749 |
| 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 | $59,015 |
| Other liabilities | $9,657 |
| Total liabilities | $91,421 |
| Net assets without donor restrictions | $281,216 |
| Net assets with donor restrictions | $109,877 |
| 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 | $482,514 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Leadership Newark Inc has recieved totaling $619,069.
| Awarding Organization | Amount |
|---|---|
Victoria Foundation Inc Newark, NJ PURPOSE: RENEWAL: PUBLIC POLICY ENRICHMENT AND LEADERSHIP DEVELOPMENT | $225,000 |
Victoria Foundation Inc Newark, NJ PURPOSE: CAPACITY-BUILDING SUPPORT | $100,000 |
Victoria Foundation Inc Newark, NJ PURPOSE: TO SUPPORT GENERAL OPERATING PURPOSES | $75,000 |
Prudential Foundation Inc Newark, NJ PURPOSE: PUBLIC POLICY ENRICHMENT & LEADERSHIP DEVELOPMENT FOR ADULTS AND YOUTH | $75,000 |
M & T Weiner Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
Geraldine R Dodge Foundation Incorporated Morristown, NJ PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Endowment Analysis
| Beg. Balance | $105,207 |
| Earnings | $4,670 |
| Ending Balance | $109,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Supportive Schools Inc Princeton, NJ | $8,052,866 | $14,643,864 |
Glynwood Center Inc Cold Spring, NY | $32,242,454 | $4,913,173 |
Lubetzky Family Foundation New York, NY | $3,686,685 | $1,229,616 |
Games For Change Inc New York, NY | $620,574 | $3,036,460 |
Philanthropi Charitable Philadelphia, PA | $994,404 | $2,131,591 |
Leadership Inc Philadelphia, PA | $688,665 | $1,177,619 |
Northside Leadership Conference Pittsburgh, PA | $3,372,319 | $811,605 |
Chumir Foundation For Ethics In Leadership New York, NY | $106,762 | $800,000 |
Advanced Leadership Institute Inc Pittsburgh, PA | $4,385,119 | $5,108,147 |
Pittsburgh Leadership Foundation Oakmont, PA | $100,524 | $693,571 |
Arttable Inc New York, NY | $582,344 | $733,623 |
Leadership Delaware Inc Wilmington, DE | $1,614,200 | $794,277 |