Totals
- Total revenue
- $7,494,848
- Total expenses
- $4,671,334
- Contributions and grants received
- $5,422,291
- Grants paid
- $0
- Program service revenue
- $2,039,361
- Investment income
- $0
- Other revenue
- $33,196
- Total assets, end of year
- $10,341,678
- Total liabilities, end of year
- $4,780,598
- Net assets or fund balances, end of year
- $5,561,080
- Program services expenses (Part IX)
- $4,210,557
- Management and general expenses
- $460,777
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,210,557
Program services were 90.1% 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.
-
1e · Government grants (contributions)
$455,672
-
1f · All other contributions, gifts and grants
$4,966,619
-
2a · Program service revenue: Construction
total $241,197 · related or exempt $241,197
-
2b · Program service revenue: Fee For Service
total $367,535 · related or exempt $367,535
-
2c · Program service revenue: Lease Income
total $831,188 · related or exempt $831,188
-
2d · Program service revenue: Management Fee
total $599,441 · related or exempt $599,441
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $33,196 · related or exempt $33,196
-
11e · Other revenue, total
$33,196
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $590,099 · program services $492,472 · management and general $97,627
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $570,932 · program services $514,051 · management and general $56,881
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $208,160 · program services $166,805 · management and general $41,355
-
10 · Payroll taxes
total $98,769 · program services $79,015 · management and general $19,754
-
11a · Fees: management
total $537,701 · program services $475,123 · management and general $62,578
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $76,933 · management and general $76,933
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $818,338 · program services $818,338
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $513,551 · program services $464,794 · management and general $48,757
-
14 · Information technology
total $69,511 · program services $69,511
-
15 · Royalties
total $0
-
16 · Occupancy
total $795,522 · program services $784,639 · management and general $10,883
-
17 · Travel
total $88,628 · program services $85,545 · management and general $3,083
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $14,152 · program services $13,660 · management and general $492
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $122,830 · program services $111,662 · management and general $11,168
-
23 · Insurance
total $58,945 · program services $34,208 · management and general $24,737
-
24a · Other expenses: Repairs and Maintenance
total $81,121 · program services $74,592 · management and general $6,529
-
24b · Other expenses: STIPENDS
total $18,407 · program services $18,407
-
24c · Other expenses: Furniture and equipment
total $7,735 · program services $7,735
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,455,202 · end of year $2,462,369
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $854,646 · end of year $2,675,045
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $12,473 · end of year $20,779
-
10a · Land, buildings and equipment: cost or other basis
$2,930,300
-
10b · Land, buildings and equipment: accumulated depreciation
$319,180
-
10c · Land, buildings and equipment, net
beginning of year $4,725,492 · end of year $2,611,120
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $2,505,240
-
15 · Other assets
beginning of year $79,943 · end of year $67,125
-
17 · Accounts payable and accrued expenses
beginning of year $236,038 · end of year $322,108
-
19 · Deferred revenue
beginning of year $21,626 · end of year $21,628
-
23 · Secured mortgages and notes payable
beginning of year $4,132,526 · end of year $3,996,265
-
25 · Other liabilities
end of year $440,597
-
27 · Net assets without donor restrictions
beginning of year $1,249,080 · end of year $2,102,733
-
28 · Net assets with donor restrictions
beginning of year $1,488,486 · end of year $3,458,347
Mission and programs · 2022
Mission
TO HARNESS THE INTELLIGENCE AND POSITIVE ENERGY OF LOW-INCOME YOUNG PEOPLE TO REBUILD THEIR COMMUNITY AND THEIR LIVES.
-
Youthbuild Newark offers young people - ages 16-24 years old - an opportunity to earn a HSE (high school equivalency diploma) while gaining on the job training for in demand careers. Through the YouthBuild process young people can chart a new path to success surrounded by a supportive community committed to developing skilled leaders for the local workforce. YouthBuild core elements include leadership development, construction and other career pathways, support services, alumni success, and education.
Expenses $2,559,711 · Revenue $848,724
-
CONSTRUCTION AND OTHER CAREER PATHWAY - YouthBuild construction program is designed to help young people complete their education, learn job skills, develop leadership abilities, and contribute to their communities.
Expenses $825,403 · Revenue $241,197
-
OPPORTUNITY YOUTH NETWORK MANAGING LEAD CHARTER SCHOOL (LEAD) IN 2022-2023, NOYN MANAGED THE EDUCATIONAL AND OPERATIONAL PROGRAMS FOR LEAD CHARTER SCHOOL -- NEW JERSEYS FIRST ALTERNATIVE EDUCATION PUBLIC CHARTER SCHOOL. LEAD'S KEY DESIGN ELEMENTS SUPPORT THE UNIQUE ACADEMIC AND NONACADEMIC NEEDS OF STUDENTS WHO HAVE DISENGAGED FROM TRADITIONAL SCHOOLING. LEADS INNOVATIVE MODEL RE-ENGAGES YOUNG PEOPLE VIA ACTIVE PARTICIPATION IN RIGOROUS AND RELEVANT CONTENT AND STANDARDS-DRIVEN, COMPETENCY-BASED INSTRUCTION ALIGNED WITH EMERGING MARKET DEMANDS. IN PROGRAM YEAR 2023, LEAD SERVED 303 STUDENTS AND SUPPORTED MORE THAN 60 STUDENTS COMPLETION TO EARN THEIR NJ HIGH SCHOOL DIPLOMA.
Expenses $548,068 · Revenue $949,440
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert Clark
CEO
- Total calculated
- $311,000
- From this org
- $250,000
- From related orgs
- $0
- Other
- $61,000
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $61,000
- Nontaxable benefits
- not reported
- Filer's total
- $311,000
-
Mark Comesanas
Member
- Total calculated
- $156,200
- From this org
- $142,000
- From related orgs
- $0
- Other
- $14,200
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $142,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $14,200
- Filer's total
- $156,200
-
Daniel Croson
Chief of Staff
- Total calculated
- $113,135
- From this org
- $102,850
- From related orgs
- $0
- Other
- $10,285
- Hours/week
- 35
-
Jasmin Forman-Joseph
Chief Prog.Officer
- Total calculated
- $104,773
- From this org
- $95,249
- From related orgs
- $0
- Other
- $9,524
- Hours/week
- 35
-
Leonard Murray
Board President
- Total calculated
- $0
- Hours/week
- 1
-
Dirk Caldwell
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Craig Drinkard
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Finnerty
Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael James
Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul Martin Esq
Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Crum
Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Edwin Farah
Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Allie Zamfir
Member
- Total calculated
- $0
- Hours/week
- 0.5
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 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421359349302867
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