Form 990 for tax year 2022
Filed by NEW JERSEY CHILDRENS FOUNDATION.
Totals
- Total revenue
- $2,130,878
- Total expenses
- $8,570,403
- Contributions and grants received
- $1,942,750
- Grants paid
- $5,453,927
- Program service revenue
- $132,968
- Investment income
- $0
- Other revenue
- $55,160
- Total assets, end of year
- $2,366,951
- Total liabilities, end of year
- $1,001,182
- Net assets or fund balances, end of year
- $1,365,769
- Program services expenses (Part IX)
- $8,168,143
- Management and general expenses
- $366,846
- Fundraising expenses
- $35,414
- Program service expenses (Part III)
- $8,168,143
Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,942,750
-
2a · Program service revenue: CONTRACT FEES
total $132,968 · related or exempt $132,968
-
11a · Other revenue: SHARED COSTS
total $49,785 · excluded $49,785
-
11b · Other revenue: MISCELLANEOUS
total $5,375 · excluded $5,375
-
11e · Other revenue, total
$55,160
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,453,927 · program services $5,453,927
-
5 · Compensation of officers, directors and key employees
total $586,250 · program services $495,284 · management and general $68,632 · fundraising $22,334
-
7 · Other salaries and wages
total $296,178 · program services $262,324 · management and general $25,542 · fundraising $8,312
-
8 · Pension plan contributions
total $17,187 · program services $14,521 · management and general $2,012 · fundraising $654
-
9 · Other employee benefits
total $59,232 · program services $53,796 · management and general $4,101 · fundraising $1,335
-
10 · Payroll taxes
total $63,348 · program services $54,582 · management and general $6,614 · fundraising $2,152
-
11b · Fees: legal
total $18,789 · program services $3,390 · management and general $15,399
-
11c · Fees: accounting
total $71,162 · program services $12,163 · management and general $58,999
-
11g · Fees: other
total $1,360,968 · program services $1,338,819 · management and general $21,522 · fundraising $627
-
13 · Office expenses
total $9,235 · program services $2,141 · management and general $7,094
-
14 · Information technology
total $218,989 · program services $172,954 · management and general $46,035
-
16 · Occupancy
total $69,089 · management and general $69,089
-
17 · Travel
total $25,549 · program services $5,757 · management and general $19,792
-
23 · Insurance
total $11,830 · program services $8,256 · management and general $3,574
-
24a · Other expenses: MEDIA
total $263,791 · program services $263,791
-
24b · Other expenses: PROGRAM MATERIALS
total $27,483 · program services $26,438 · management and general $1,045
-
24c · Other expenses: PROFESSIONAL DEVELOPMEN
total $16,384 · management and general $16,384
-
24d · Other expenses: OTHER
total $1,012 · management and general $1,012
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,750,326 · end of year $842,120
-
2 · Savings and temporary cash investments
end of year $1,425,881
-
9 · Prepaid expenses and deferred charges
beginning of year $136,665 · end of year $44,165
-
15 · Other assets
beginning of year $26,510 · end of year $54,785
-
17 · Accounts payable and accrued expenses
beginning of year $108,207 · end of year $151,182
-
18 · Grants payable
end of year $850,000
-
27 · Net assets without donor restrictions
beginning of year $6,553,812 · end of year $1,265,769
-
28 · Net assets with donor restrictions
beginning of year $1,251,482 · end of year $100,000
Mission and programs · 2022
Mission
THE NEW JERSEY CHILDREN'S FOUNDATION'S MISSION IS TO INVEST IN PEOPLE, PROGRAMS, AND PARTNERSHIPS THAT WILL IMPROVE PUBLIC EDUCATION SYSTEMS BY PUTTING THE INTERESTS OF CHILDREN FIRST.
Activities or mission (Part I)
TO INVEST IN PEOPLE, PROGRAMS, AND PARTNERSHIPS THAT WILL IMPROVE PUBLIC EDUCATION SYSTEMS BY PUTTING THE INTERESTS OF CHILDREN FIRST.
-
THIS WAS NJCF'S FIFTH YEAR OF OPERATION, AND WE HAVE CONTINUED TO SUPPORT SCHOOL LEADERS AND COMMUNITY-BASED ORGANIZATIONS BY INVESTING IN BUILDING CAPACITY TO GET MORE FAMILIES INVOLVED IN THE CONVERSATION ABOUT IMPROVING EDUCATIONAL OPPORTUNITIES.
Expenses $8,168,143 · Grants $5,453,927 · Revenue $132,968
As filed on the 2022 return.
Listed in Part VII
-
Jessica PenaJESSICA PENA
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Everett JohnsonEVERETT JOHNSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Edward HuiEDWARD HUI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Modia ButlerMODIA BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shennell S Barnes-McCloudSHENNELL S BARNES-MCCLOUD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kyle RosenkransKYLE ROSENKRANS
EXECUTIVE DIRECTOR
- Total calculated
- $225,172
- From this org
- $188,469
- From related orgs
- $0
- Other
- $36,703
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $188,409
- Bonus
- $0
- Other
- $60
- Deferred
- $8,443
- Nontaxable benefits
- $28,260
- Filer's total
- $225,172
-
Kennisha MilesKENNISHA MILES
DEPUTY DIRECTOR
- Total calculated
- $172,837
- From this org
- $152,677
- From related orgs
- $0
- Other
- $20,160
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $152,123
- Bonus
- $500
- Other
- $54
- Deferred
- $9,555
- Nontaxable benefits
- $10,605
- Filer's total
- $172,837
-
Colleen Schulz-EskowCOLLEEN SCHULZ-ESKOW
SENIOR DIRECTOR OF PUBLIC POLICY
- Total calculated
- $161,598
- From this org
- $154,652
- From related orgs
- $0
- Other
- $6,946
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $154,062
- Bonus
- $500
- Other
- $90
- Deferred
- $6,946
- Nontaxable benefits
- $0
- Filer's total
- $161,598
-
Galen JohnsonGALEN JOHNSON
DIRECTOR OF EXTERNAL RELATIONS
- Total calculated
- $159,902
- From this org
- $133,236
- From related orgs
- $0
- Other
- $26,666
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $132,682
- Bonus
- $500
- Other
- $54
- Deferred
- $6,023
- Nontaxable benefits
- $20,643
- Filer's total
- $159,902
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,992,501
TO SUPPORT PROJECT READY PROGRAMMING.
-
$475,000
TO SUPPORT ADVOCACY AND COMMUNICATION EFFORTS.
-
$450,000
TO SUPPORT GATEWAY U PROGRAMMING.
-
TO SUPPORT NJPCSA PROGRAMMING.
-
MARION P THOMAS CHARTER SCHOOL
$160,000
TO SUPPORT MPTCS MARKETING AND INSTRUCTIONAL SUPPORT.
-
$125,000
TO SUPPORT LINK SCHOOL GROWTH.
-
$100,000
TO SUPPORT THE ENGAGEMENT OF PUBLIC SCHOOL PARENTS IN PATERSON, TRENTON, AND ELSEWHERE.
-
$75,000
TO SUPPORT NJTC PROGRAMMING.
-
TO SUPPORT WSHAA PROGRAMMING.
-
$60,000
TO SUPPORT BRICK PROGRAMMING.
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(4) · PROMOTE POLICIES THAT IMPROVE EDUCATIONAL OPPORTUNITIES FOR CHILDREN · DC
-
GREAT SCHOOLS FOR ALL PAC
527 · PAC · NJ
Directly controlled by GREAT SCHOOLS FOR ALL INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
NEWARK COMMON APP LLC
TO SERVE NEWARK'S K-12 SCHOOLS AND FAMILIES. · NJ · income $472,968 · assets $479,124
Directly controlled by NEW JERSEY CHILDREN'S FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410889349301346
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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