Nonprofit screen
Screen a listInvest Newark a New Jersey Nonprofit 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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$10Mrevenue
FY2024 · −12% in 3 yrs24staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin15.2%
Months of reserve12.6mo
Revenue growth (annualized)+20.3%
Middle half of peersMedianInvest Newark a New Jersey Nonprofit
Where the money goes FY2024 · $8.7M spent
Programs$6.3M72%Management and general$2.4M28%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
7 of 7 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, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 6 of its 6 returns, 59% of revenue in FY2024.
990 Part VIII19funders
$190ka year, last 3 years
48%from its largest funder
Funder’17’18’19’20’21’22’23The Prudential FoundationNew in FY2023$275kCities for Financial Empowerment Fund IncOn and off$256kVictoria Foundation IncSince FY2021$10k$95k$110kSurdna Foundation IncOn and off$150kLiving Cities Inc the National Community Development InitiativeOn and off$100kThe Bank of America Charitable Foundation IncOn and off$75k$195Donor-advised giftsDonors not disclosed$30k$91k$10k10 other fundersUp to $62k a year each$50k$55k$34k$6k$75k
FundedThrough a donor-advised fund