Totals
- Total revenue
- $2,608,818
- Total expenses
- $2,956,688
- Contributions and grants received
- $2,619,543
- Grants paid
- $63,544
- Program service revenue
- $0
- Investment income
- $28,796
- Other revenue
- -$39,521
- Total assets, end of year
- $6,435,814
- Total liabilities, end of year
- $3,375,160
- Net assets or fund balances, end of year
- $3,060,654
- Program services expenses (Part IX)
- $2,044,155
- Management and general expenses
- $536,310
- Fundraising expenses
- $376,223
- Program service expenses (Part III)
- $2,044,155
Program services were 69.1% 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.
-
1c · Fundraising events
$1,157,045
-
1f · All other contributions, gifts and grants
$1,462,498
-
1g · Noncash contributions included above
$10,750
-
3 · Investment income
total $28,796 · excluded $28,796
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$17,318
-
8a · Fundraising events: contributions included on line 1c
$1,157,045
-
8b · Fundraising events: direct expenses
$56,839
-
8c · Net income from fundraising events
total -$39,521 · excluded -$39,521
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $63,544 · program services $63,544
-
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 $194,514 · program services $44,679 · management and general $98,833 · fundraising $51,002
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,428,668 · program services $1,048,967 · management and general $222,410 · fundraising $157,291
-
8 · Pension plan contributions
total $27,311 · program services $20,462 · management and general $3,976 · fundraising $2,873
-
9 · Other employee benefits
total $148,531 · program services $102,640 · management and general $27,652 · fundraising $18,239
-
10 · Payroll taxes
total $156,800 · program services $104,045 · management and general $32,199 · fundraising $20,556
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $47,835 · management and general $47,835
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $211,769 · program services $132,236 · management and general $29,538 · fundraising $49,995
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $58,903 · program services $36,890 · management and general $6,586 · fundraising $15,427
-
14 · Information technology
total $82,321 · program services $56,582 · management and general $5,785 · fundraising $19,954
-
15 · Royalties
total $0
-
16 · Occupancy
total $359,377 · program services $301,930 · management and general $33,199 · fundraising $24,248
-
17 · Travel
total $40,121 · program services $39,103 · fundraising $1,018
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $21,078 · program services $18,121 · management and general $2,205 · fundraising $752
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $21,695 · program services $10,746 · management and general $8,532 · fundraising $2,417
-
23 · Insurance
total $31,995 · program services $21,556 · management and general $6,204 · fundraising $4,235
-
24a · Other expenses: EQUIPMENT, REPAIRS, MAINTENANC
total $62,226 · program services $42,654 · management and general $11,356 · fundraising $8,216
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,132,920 · end of year $2,019,542
-
2 · Savings and temporary cash investments
beginning of year $727,150 · end of year $803,054
-
3 · Pledges and grants receivable
beginning of year $465,262 · end of year $390,301
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $154,418 · end of year $34,353
-
10a · Land, buildings and equipment: cost or other basis
$143,326
-
10b · Land, buildings and equipment: accumulated depreciation
$29,421
-
10c · Land, buildings and equipment, net
beginning of year $82,677 · end of year $113,905
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $3,074,659
-
17 · Accounts payable and accrued expenses
beginning of year $200,854 · end of year $228,962
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $3,146,198
-
27 · Net assets without donor restrictions
beginning of year $2,929,486 · end of year $2,477,805
-
28 · Net assets with donor restrictions
beginning of year $432,087 · end of year $582,849
Mission and programs · 2022
Mission
NJ LEEP IS A COLLEGE ACCESS AND SUCCESS PROGRAM SERVING LOW-INCOME AND FIRST-GENERATION STUDENTS IN THE GREATER NEWARK AREA. OUR COLLEGE BOUND PROGRAM EMPOWERS STUDENTS WITH THE ACADEMIC AND SOCIAL-EMOTIONAL SKILLS TO SUCCEED IN COLLEGE AND BEYOND, THROUGH INTSENSIVE AFTER-SCHOOL, SATURDAY, AND SUMMER PROGRAMMING.
Activities or mission (Part I)
A college access and success program serving low income and first-generation students in the greater newark area, empowering them with academic and skills to succeed in college.
-
NJ LEEP SERVES STUDENTS IN GRADES 6-12, ALUMNI THROUGHOUT THE COUNTRY, AND FAMILY MEMBERS. MOST OF OUR STUDENTS COME FROM LOW TO MODERATE-INCOME BACKGROUNDS AND POSSESS MULTIPLE RISK FACTORS TO COLLEGE MATRICULATION AND PERSISTENCE. SINCE OUR FIRST GRADUATING CLASS OF 2011, 100% OF OUR PROGRAM GRADUATES HAVE GRADUATED FROM HIGH SCHOOL AND ENROLLED IN COLLEGE, MANY IN HIGHLY SELECTIVE COLLEGES, SUCH AS AMHERST, GEORGETOWN, PRINCETON, RUTGERS, SMITH AND THE UNIVERSITY OF CHICAGO. IN COMPARISON, RESEARCH SHOWS THAT SINCE 2011, THE COLLEGE SCHOOL GRADUATION RATE FROM STUDENTS IN NEWARK PUBLIC SCHOOLS IS 23%. WE ALSO MEASURE THE COLLEGE PERSISTENCE RATE OF OUR GRADUATES: OVER 73% GRADUATED FROM COLLEGE.
Expenses $2,044,155 · Grants $63,544
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MATTHEW FEINSTEIN
EXECUTIVE DIRECTOR
- Total calculated
- $189,039
- From this org
- $174,758
- From related orgs
- $0
- Other
- $14,281
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,758
- Bonus
- $0
- Other
- $0
- Deferred
- $5,243
- Nontaxable benefits
- $9,038
- Filer's total
- $189,039
-
MEGAN HOWARD NOVECK
DIRECTOR OF OPERATIONS
- Total calculated
- $121,734
- From this org
- $109,478
- From related orgs
- $0
- Other
- $12,256
- Hours/week
- 40
-
ZENOLA HARPER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
SOLANGEL MALDONADO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
CASEY KOBI
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ZACHARY SURAK
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
NYRON LATIF
VICE CHAIR SD
- Total calculated
- $0
- Hours/week
- 2
-
LYNNE ANNE ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TARA FAVORS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEFFREY S ISSACS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GALIT KIERKUT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARC LARKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARIA G MASTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE MENDOZA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVID W POLLAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SUZIE SCANLON RABINOWITZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
AYANNA TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JERRY WEBMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ELANA WILF TANZMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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 · 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
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420679349301727
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