Nonprofit screen
Screen a listGreater Newark Enterprises Corp
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$2.9Mrevenue
FY2024 · +3% in 3 yrs7staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin44.0%
Months of reserve19.9mo
Revenue growth (annualized)+20.2%
Middle half of peersMedianGreater Newark Enterprises
Where the money goes FY2024 · $1.6M spent
Programs$1.3M82%Management and general$203k12%Fundraising$98k6%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 16% of revenue stopped after FY2022
Local Initiatives Support Corporation gave about $160k a year for three years, 16% of revenue in FY2022.
Funders’ 990-PF grant listsGovernment grants fell 82% in FY2024
$1.5M in FY2023, $266k in FY2024.
990 Part VIIIIn its favor3
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 20% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortFunders stay
5 of the 7 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists18funders
$1.0Ma year, last 3 years
53%from its largest funder
Funder’17’18’19’20’21’22’23The Prudential FoundationEvery year since FY2017$200k$200k$200k$300k$525k$630k$470kCiti FoundationOn and off$500kLocal Initiatives Support CorporationOn and off$51k$50k$379kJpmorgan Chase FoundationOn and off$100k$200kNonprofit Finance FundStopped after FY2018$100k$105k–Boc Capital CorpOn and off$159kDonor-advised giftsDonors not disclosed$250k$100k$100k8 other fundersUp to $100k a year each$23k$120k$20k$87k$73k
FundedThrough a donor-advised fundStopped