Form 990 for tax year 2022
Filed by NEW BRUNSWICK EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $197,963
- Total expenses
- $281,806
- Contributions and grants received
- $198,062
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $44
- Other revenue
- -$143
- Total assets, end of year
- $98,108
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $98,108
- Program services expenses (Part IX)
- $231,100
- Management and general expenses
- $50,706
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $231,100
Program services were 82.0% 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
$198,062
-
3 · Investment income
total $44 · excluded $44
-
8a · Fundraising events: gross income
$26,969
-
8b · Fundraising events: direct expenses
$27,112
-
8c · Net income from fundraising events
total -$143 · excluded -$143
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $60,000 · program services $45,000 · management and general $15,000
-
11c · Fees: accounting
total $2,500 · management and general $2,500
-
11g · Fees: other
total $14,056 · program services $7,900 · management and general $6,156
-
13 · Office expenses
total $7,916 · program services $3,607 · management and general $4,309
-
14 · Information technology
total $432 · program services $432
-
16 · Occupancy
total $6,492 · program services $6,492
-
18 · Travel or entertainment for public officials
total $2 · management and general $2
-
19 · Conferences, conventions and meetings
total $94 · management and general $94
-
24a · Other expenses: SCHOLARSHIPS
total $86,773 · program services $86,773
-
24b · Other expenses: STIPENDS
total $62,577 · program services $52,052 · management and general $10,525
-
24c · Other expenses: SUPPLIES & MATERIALS
total $17,421 · program services $9,405 · management and general $8,016
-
24d · Other expenses: GIFTS \ AWARDS
total $7,990 · program services $7,990
-
24e · All other expenses
total $15,553 · program services $11,449 · management and general $4,104
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $181,951 · end of year $98,108
-
27 · Net assets without donor restrictions
beginning of year $181,951 · end of year $98,108
Mission and programs · 2022
Mission
A KEY OBJECTIVE OF THE NEW BRUNSWICK EDUCATION FOUNDATION (NBEF)IS TO HELP THE NEW BRUNSWICK PUBLIC SCHOOL DISTRICT ENHANCE ITS PROGRAMS IN TECHNOLOGY, VISUAL AND PERFORMING ARTS, CULTURAL ENRICHMENT, CAREER DEVELOPMENT, AND OTHER NON-CORE CURRICULUM AREAS THAT INSPIRE, EQUIP, AND EMPOWER STUDENTS TO EXCEL IN EDUCATION AND IN LIFE.
-
STEM / ROBOTICS PROGRAM SINCE 2011, THE ORGANIZATION HAS HAD A ROBOTICS INITIATIVE THAT SEEKS TO INSPIRE NEW BRUNSWICK PUBLIC SCHOOL STUDENTS TO BETTER CONNECT WITH MATH, SCIENCE AND TECHNOLOGY RELATED DISCIPLINES AS WELL AS IGNITE THEIR ASPIRATIONS TO PURSUE CAREERS AS SCIENTISTS, INVENTORS, ENGINEERS AND EVEN STEM RELATED EDUCATORS. THIS STEM PROJECT HAS PROVIDED 6TH THROUGH 12TH GRADE STUDENTS WITH HANDS-ON AND INQUIRY BASED LEARNING EXPERIENCES THAT ENTAILS DESIGNING, BUILDING AND PROGRAMMING ROBOTICS. INNOVATIVE TEACHER GRANT PROGRAM SINCE 2008, NBEF HAS PROVIDED OVER 100,000 FOR NEW BRUNSWICK PUBLIC SCHOOL TEACHERS TO IMPLEMENT INNOVATIVE PROJECTS AND ACTIVITIES IN CLASSROOMS AND AFTER-SCHOOL PROGRAMS. THIS SPECIAL COLLABORATION HAS INVOLVED MORE THAN 70 EDUCATORS AND HAS IMPACTED OVER THREE THOUSAND STUDENTS RANGING FROM PRE- KINDERGARTEN THROUGH GRADE 12 IN AREAS SUCH AS READING & LITERACY, PERFORMING ARTS, STEM, ETC. THE PROCESS BEGINS WITH TEACHERS SUBMITTING GRANT PROPOSALS THAT OFFER NOVEL CONCEPTS AND STRATEGIES WHICH RESULT IN DYNAMIC LEARNING EXPERIENCES FOR STUDENTS. THERE HAVE BEEN OVER 100 ENRICHMENT PROJECTS AND ACTIVITIES IMPLEMENTED (BOTH INSIDE AND OUTSIDE THE CLASSROOMS)THROUGH THE NBEF TEACHER GRANT PROGRAM SINCE ITS INCEPTION.
Expenses $37,294
-
PRESENTED/DISBURSED SCHOLARSHIPS TOTALING 86,773 TO COLLEGE BOUND STUDENTS FROM NEW BRUNSWICK HIGH SCHOOL AND NEW BRUNSWICK HEALTH SCIENCE TECHNOLOGY HIGH SCHOOL DURING THE YEAR ENDED 12/31/22. NBEF HAS AWARDED OVER 700,000 IN COLLEGE SCHOLARSHIPS SINCE 2007. THESE SCHOLARSHIPS HAVE ASSISTED RECIPIENTS TO ATTEND INSTITUTIONS INCLUDING BUT NOT LIMITED TO: COLUMBIA UNIVERSITY, PRINCETON UNIVERSITY, JOHN HOPKINS UNIVERSITY, SETON HALL UNIVERSITY, ETC. MANY OF THESE STUDENTS HAVE FURTHERED THEIR EDUCATION AND HAVE MATRICULATED IN GRADUATE & DOCTORAL PROGRAMS.
Expenses $86,773
-
THE NBEF COLLEGE NETWORK COMPONENT OFFERS PROGRAMS, SERVICES AND SCHOLARSHIPS FOR NEW BRUNSWICK HIGH SCHOOL AND NEW BRUNSWICK HEALTH SCIENCES TECHNOLOGY HIGH SCHOOL ALUMNI WHO ARE ATTENDING COLLEGES, UNIVERSITIES AND VOCATIONAL TRADE INSTITUTES. THIS SPECIAL INITIATIVE PROVIDES STUDENTS WITH CAREER DEVELOPMENT COACHING, RESUME WRITING ASSISTANCE, AND INTERVIEW TRAINING. IN ADDITION, THE COLLEGE NETWORK FACILITATES TWO SPECIAL GATHERINGS PER YEAR (DURING STUDENTS SCHOOL WINTER/SUMMER BREAKS), WHICH INCLUDES WORKSHOPS, PANEL DISCUSSIONS, EMENTORING AND NETWORKING EVENTS. THE COLLEGE AND YOUNG PROFRESSIONAL NETWORK ENABLES NBEF TO STAY CONNECTED WITH SCHOLARSHIP RECIPIENTS. THIS PROGRAM WAS LAUNCHED IN 2011 WITH 15 STUDENTS AND HAS GROWN TO OVER 400 HIGH SCHOOL STUDENTS, COLLEGE/GRAD SCHOOL STUDENTS AND YOUNG PROFESSIONALS. NBEF'S COLLEGE NETWORK PROGRAM PROVIDES ANOTHER TOOL TO HELP NEW GRADUATES ADOPT THE MINDSET, METHODS AND HAVE ACCESS TO TECHNOLOGIES TO DETERMINE THEIR CAREER DIRECTION AND SUCCESS. NBEF LAUNCHED THEIR FIRST PREP FOR SUCCESS VIRTUAL PLATFORM IN JANUARY 2021. IT WAS A MAJOR CONFERENCE STYLE PLATFORM WITH OVER 300 YOUTH AND YOUNG ADULTS PARTICIPATING. THE PLATFORM SHOWCASED DYNAMIC WORKSHOPS, PANEL DISCUSSIONS, FIRESIDE CHATS AND MOTIVATIONAL SPEAKERS. NBEF ALSO ADMINISTERS A MENTAL HEALTH PLATFORM WITH EMPOWERMENT SPEAKERS AND RESOURCES; CAREER CLUSTER WORKSHOPS IN STEM, BUSINESS/COMMUNICATIONS, NURSING AND SOCIAL WORK/PSYCHOLOGY; A PUBLIC SPEAKERS INSTITUTE; AND A PATHWAYS TO LAW SCHOOL SEMINAR.
Expenses $107,033
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Emmanuel FordEMMANUEL FORD
EXECUTIVE DI
- Total calculated
- $60,000
- From this org
- $60,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mark BoutrosMARK BOUTROS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bobbie BrownBOBBIE BROWN
BOARD PRESID
- Total calculated
- $0
- Hours/week
- 4
-
Ashley LytleASHLEY LYTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Jessica MonaghanDR JESSICA MONAGHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John E ParkerJOHN E PARKER
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Gwendolyn R RatliffGWENDOLYN R RATLIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Luz D SanchezLUZ D SANCHEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lola Stewart-SamuelLOLA STEWART-SAMUEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharonda WeatherspoonSHARONDA WEATHERSPOON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Sheila WitherspoonDR SHEILA WITHERSPOON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Charyl Staci YarbroughDR CHARYL STACI YARBROUGH
DIRECTOR
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333129349300738
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