2021-01-25T17:33:22-06:00 2020-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2019-07-01 383663314 NEWARK TRUST FOR EDUCATION INC % RONALD CHALUISAN NEWA 9736480300 494 BROAD STREET Suite LL30 NEWARK NJ 07102 RONALD CHALUISAN Executive Director 9736480300 2020-11-15 true Brad Caruso P01249134 7328281614 2019 2022-09-23 18:48:47Z RONALD CHALUISAN 494 BROAD STREETLL30 NEWARK NJ 07102 1849750 false X WWW.NEWARKTRUST.ORG X 2002 NJ INDEPENDENT ORGANIZATION DEDICATED TO DEVELOPING, COORDINATING, AND FOCUSING IDEAS, RESOURCES AND EXPERTISE AND HOLDING EVERYONE ACCOUNTABLE FOR QUALITY EDUCATION IN NEWARK. 15 15 22 15 0 3791973 1829229 12000 6000 3815 2820 600 11701 3808388 1849750 1494956 496776 0 0 1322273 1659911 0 0 197208 677951 715014 3495180 2871701 313208 -1021951 5284457 4411238 329584 478316 4954873 3932922 X SEE SCHEDULE O FOR DETAILS false false 780332 494804 South ward Community Schools Initiative - See schedule o for details 524386 PCHP - See schedule o for details 303682 1472 Early learning initiative - See schedule o for details 282327 Research 123793 Strategic partnerships 119113 Engagement 525233 2133633 true true false false false false false false false false true false false false false true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 2 0 true 22 true true true false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false NJ X RONALD CHALUISAN 9736480300 494 BROAD ST SUITE LL30 NEWARK NJ 07102 Ronald Chaluisan Executive Director 40.0 0.0 X 246974 0 36640 Oana Vicol Director of Finance 40.0 0.0 X 88999 0 15071 SHAN HARRIS CHAIR/Board Member 4.0 0.0 X X 0 0 0 Raymond Ocasio Treasurer/Board Member 2.0 0.0 X X 0 0 0 Celia M King Secretary/Board Member 2.0 0.0 X X 0 0 0 Nancy Cantor Board Member 1.0 0.0 X 0 0 0 Alejandra Ceja Board member 1.0 0.0 X 0 0 0 Robert Clark Board member 1.0 0.0 X 0 0 0 Irene Cooper-Basch Board Member 1.0 0.0 X 0 0 0 Jacqueline Cusack Ed Board Member 1.0 0.0 X 0 0 0 Joseph Della Fave Board Member 1.0 0.0 X 0 0 0 Steven J Diner Board Member 1.0 0.0 X 0 0 0 Father Edwin Leahy o Board Member 1.0 0.0 X 0 0 0 Michelle Mason Board Member 1.0 0.0 X 0 0 0 Barbara Reisman Board Member 1.0 0.0 X 0 0 0 John Schreiber Board Member 1.0 0.0 X 0 0 0 Junius Williams Board Member 1.0 0.0 X 0 0 0 335973 0 51711 2 false true false 0 188507 1640722 14995 1829229 MANAGEMENT FEE REVENUE 900099 6000 6000 6000 2820 2820 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 11701 11701 11701 1849750 6000 14521 X 496776 496776 0 0 0 0 452698 169478 135998 147222 0 909726 780591 112742 16393 15299 14027 1272 0 183537 146006 32363 5168 98651 64992 25716 7943 0 0 18783 18783 0 0 0 513329 329512 183436 381 820 725 95 77920 66464 7399 4057 17756 12745 3083 1928 0 53547 38215 9435 5897 19259 4555 6887 7817 0 7266 6942 324 0 0 2684 2684 3650 2605 643 402 2871701 2133633 540860 197208 X 2379468 2333602 287532 95512 2606198 1980000 0 0 0 0 0 0 0 0 0 0 6748 297 49249 47422 4511 1827 0 0 0 0 0 0 0 0 0 0 5284457 4411238 278386 244116 51198 234200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 329584 478316 X 1080183 237112 3874690 3695810 4954873 3932922 5284457 4411238 -1021951 X false true X true false X 439959 3279721 4417244 3791973 1640722 13569619 0 0 439959 3279721 4417244 3791973 1640722 13569619 5115844 8453775 1795 2813 2099 4315 2820 13842 0 5425 0 28 7870 11701 25024 13608485 149290 0.62121 0.65886 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 30261 28434 1827 18988 18988 1827 0 0 X 1853150 3400 3400 1849750 1849750 2875101 3400 3400 2871701 2871701 Form 990, Schedule D, Part X, Line 2 The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and exempt from state income tax under similar provisions. Accordingly, no provision for income taxes has been recorded in these financial statements. It is the Trust's accounting policy to evaluate uncertain tax positions in accordance with the accounting pronouncement on uncertainly for income taxes. Management has determined that there are no uncertain tax positions at the Trust as of June 30, 2020 and 2019. The Trust has no income tax related penalties or interest for the periods reported in these financial statements. true Abbott Leadership Institute 110 Warren Street Newark NJ 07102 226001086 501(c)(3) 67045 Education Avon Avenue School 219 Avon Avenue Newark NJ 07108 226002140 501(c)(3) 30000 Education Rafael Hernandez School 345 Broadway Newark NJ 07104 226002140 501(c)(3) 28000 Education Malcolm X Shabazz High School 80 Johnson Avenue newark NJ 07102 226002140 501(c)(3) 16821 Education Dr William H Horton Elementary School 291 N 7th Street newark NJ 07107 226002140 501(c)(3) 28000 Education East Side High School 238 Van Buren Street Newark NJ 07105 226002140 501(c)(3) 21000 Education Bard High School Early College Newark 321 bergen st Newark NJ 07103 226002140 501(c)(3) 16716 Education Benjamin Franklin School 42 Park Ave Newark NJ 07104 226002140 501(c)(3) 52371 Education Dr George Washington Carver School 333 Clinton Pl Newark NJ 07112 226002140 501(c)(3) 52307 Education Hawkins Street School 8 Hawkins Street Newark NJ 07105 226002140 501(c)(3) 28000 Education McKinley Elementary School 1 Colonnade Place Newark NJ 07104 226002140 501(c)(3) 10000 Education South Street School 104 Oliver Street Newark NJ 07105 226002140 501(c)(3) 31232 Education John F Kennedy School 311 South 10th Street Newark NJ 07103 226002140 501(c)(3) 19997 Education Salome Urena School 284 First Avenue Newark NJ 07107 226002140 501(c)(3) 9976 Education Arts High School 550 Dr Martin Luther King Jr Bou Newark NJ 07102 226002140 501(c)(3) 22270 Education First Avenue School 214 First Avenue Newark NJ 07107 226002140 501(c)(3) 15000 Education LEAD Charter School 201 Bergen Street Newark NJ 07103 812644961 501(c)(3) 22000 Education Philips Academy Charter School of Newark 342 Central Avenue Newark NJ 07103 461960549 501(c)(3) 24365 Education 18 0 PART I QUESTION 1 The Funders Collaborative was established to deploy funds to schools in need of additional resources to improve the quality of education for students of Newark. Funds received from foundations are credited to the appropriate account for future disbursement. The account is a Restricted Fund. All awards from those funds must be approved by the Executive Director using recommendations from the Governance Committee and NTE internal review committee. The South Ward Community Schools Initiative (SWCSI) unites educators, families, and community partners to be responsible for five specific schools in Newarks South Ward. NTE submits a proposal to Community Foundation of New Jersey (CFNJ) with a proposed budget developed by each school for the school year. CFNJ issues a grant to NTE for the continuation of SWCSI activities in the five schools for the school year. The Abbott Leadership Institute (ALI), in partnership with the Newark Trust for Education, provides a five-week training on Parent Engagement through Social Emotional Learning for Newark parents and caregivers across five schools. The training is designed to give parents the tools needed to support their childrens social and emotional competency development while also assessing their own social and emotional challenges and methods to overcome them. ALI submits a proposal together with an itemized budget which is approved by the Executive Director. All receipts to the Funders Collaborative and SWCSI are recorded as revenue in separate Cash Accounts and identified as restricted funds. All grant awards from these funds are tracked in subsidiary ledgers that identifies disbursements by date, Grantee, Foundation and Dollar amount. A Sub Ledger/Summary is prepared monthly for each initiative, identifying the date, Grantee, Foundation, disbursements and balances. Award letters specifying the grant amount for each school/organization under the Funders Collaborative, SWCSI and ALI are approved by the Executive Director and issued to grantees along with a check. Schools/Organizations without a financial conduit draw down against their grant award by submitting payment requests to the Trust as needed. Follow-up visits, post evaluations, and final narrative and financial reports are communicated back to Governance Committee (Funders Collaborative), CFNJ (SWCSI), and Abbott Leadership Institute, respectively. X X false false false false false false false false false Ronald Chaluisan Executive Director 246974 0 0 0 0 0 7500 0 29140 0 283614 0 0 0 From 990, Part III, Line 1 and Lines 4a-c Line 1 Newark Trust for Education, Inc. (the "Trust") was incorporated in the state of New Jersey as a not-for profit organization on August 23, 2002. Effective December 12, 2011, the organization registered a legal name change from Newark Public Schools Foundation, Inc. to Newark Trust for Education, Inc. The Trust is an independent non-profit dedicated to coordinating and focusing ideas, people, and resources on the efficient and effective delivery of a quality public education to all children in Newark; and to creating broad and shared accountability for student success across multiple stakeholders. The Trust envisions a public education infrastructure that leverages the wide array of opportunities available to the young people of Newark, effectively creating positive conditions for learning that help young people meet rigorous academic outcomes, develop strong socio-emotional skills, and have access to high-quality post-secondary options. Line 4 To accomplish its mission the Trust leads initiatives and partners with stakeholders in the following areas: Promote Practice: Safe & Supportive Learning Environments NTE builds the knowledge and capacity of individuals and teams from schools and other learning organizations to create easy access to high-quality safe and supportive learning environments and interventions for all children, and influences systematic efforts that support these organization-level practices. NTE initiatives under the pillar of Promoting Practice include: the Funders Collaborative Grants Program, the Victoria Foundation Public School Grants Program (both of which support public schools throughout the City of Newark) and the ParentChild+ program, which supports families with children ages 16 months 3.5 years throughout the City of Newark. The Funders Collaborative is comprised of a network of local, regional, and national funders and the Victoria Foundation Public School Grants Program is an initiative of the Victoria Foundation, for which the Trust serves as an intermediary. Educate Stakeholders NTE is committed to creating full and shared accountability for student success across multiple stakeholders. To achieve this goal NTE: a) promotes the sharing of knowledge and expertise across groups; b) facilitates the naming and documentation of effective practices; c) cultivates a collaborative rather than competitive culture among partners; and d) convenes and connects key stakeholders across Newarks educational ecosystem, based on their specific area of work. Initiatives under the pillar of Educating Stakeholders include: Parent Workshop Series on Social Emotional-Learning in partnership with the Abbott Leadership Institute and the annual Newark Board of Education Candidates Forum. Build Public Will & Inform Policy NTE continues to build on its strong foundation as a neutral convener and impartial player to galvanize public will and create sustainable cycles of improvement across Newark's educational ecosystem. To accomplish this goal NTE: a) frames educational issues by documenting and disseminating critical information; b) delivers a set of messages designed to increase knowledge and broaden participation in the learning experiences of all young people in Newark; and c) builds broad public understanding of and support for ongoing improvement and access to quality educational experiences. Initiatives included under the pillar of Building Public Will and Informing Policy include: original research and evaluation; free city-wide convenings; the Early Learning Steering Committee; and the development of a communications campaign dedicated to promoting participation in early childhood programs across the city of Newark. Parent Child Home Program(PCHP) The Trust understands that quality public education for all children cannot be achieved without ensuring that every child has robust all-around support to thrive prior to entering the 3rd grade. To help strengthen the prenatal to eight continua in Newark, the Trust is partnering with ParentChild+ to implement a pilot for one hundred families using their evidenced-based model for early literacy and child development. This pilot will add to the existing body of work in Newark that is preparing children to enter school with the skills and abilities to meet developmental milestones, read on grade level, and reach achievement goals in early grades. form 990, part vi, section b, question 11a The form 990 is prepared by an independent accounting firm and reviewed by MANAGEMENT. A draft of the Form 990 is provided to the board for review and approval pRIOR TO FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, QUESTION 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY That PROTECTs the trust WHEN IT IS CONTEMPLATING ENTERING INTO Any TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESs BENEFIT TRANSACTION. BOARD MEMBERS AND EXECUTIVES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSING A CONFLICT, IF APPLICABLE. FORM 990, PART VI, SECTION B, QUESTION 13 It is the responsibility of all representatives to report ethics violations or suspected violations in accordance with this Whistleblower Policy. FORM 990, PART VI, SECTION B, QUESTION 15 The Board of Directors formal evaluation of the Executive Director is based upon the goals outlined in the organizations strategic plan. The Executive Director submits an extensive self-assessment to the Board Chair and the Executive Committee of the Board of Directors. The Executive Committee of the Board meets with the Executive Director to review the assessment and track progress toward goals. Simultaneously, the Board engages in benchmarking salary guidelines across the sector in the region. The Executive Director is asked to develop an action plan and set goals on an annual basis. These goals are used to inform the annual performance review and compensation discussion. the board approves a contract with the executive director. FORM 990, PART VI, SECTION C, QUESTION 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND they are also AVAILABLE ON GUIDESTAR.org. FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL PROCESSING TOTAL FEES:280 FORM 990 PART IX LINE 11G DESCRIPTION:TRAINERS & FACILITATORS TOTAL FEES:6813 FORM 990 PART IX LINE 11G DESCRIPTION:COMMUNICATIONS CONSULTANT TOTAL FEES:158315 FORM 990 PART IX LINE 11G DESCRIPTION:RESEARCH & EVALUATORS TOTAL FEES:166250 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROGRAM CONSULTANTS TOTAL FEES:136048 FORM 990 PART IX LINE 11G DESCRIPTION:IT CONSULTANTS TOTAL FEES:11148 FORM 990 PART IX LINE 11G DESCRIPTION:DEVELOPMENT CONSULTANT TOTAL FEES:20000 FORM 990 PART IX LINE 11G DESCRIPTION:ADMINISTRATIVE CONSULTANTS TOTAL FEES:14475