2016-02-12T09:53:58-06:00 2015-08-31 221430039 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2014-09-01 223181507 NEW JERSEY SEEDS INC NEWJ 9736426422 494 BROAD STREET NO 105 NEWARK NJ 07102 DON GENSINGER DIRECTOR OF FINANCE 9736426422 2016-02-12 1 BRIDGET HARTNETT P01429163 9739949494 2016-02-08 2014 2016-08-17 19:52:53Z RONNI DENES 494 BROAD STREET NO 105 NEWARK NJ 07102 7426118 0 X WWW.NJSEEDS.ORG X 1992 NJ NEW JERSEY SEEDS, INC. IS A PRIVATELY FUNDED, STATEWIDE, NONPROFIT ORGANIZATION COMMITTED TO CHANGING THE LIVES OF HIGHLY-MOTIVATED STUNDENTS FROM LOW-INCOME FAMILIES BY TRANSFORMING THEIR EDUCATIONAL OPPORTUNITIES. 28 28 121 150 0 0 3467450 6323996 0 0 504334 592148 -66299 -69192 3905485 6846952 59682 53901 0 0 2862693 2756472 0 0 466458 1309732 1527331 4232107 4337704 -326622 2509248 9430758 11145605 314619 432102 9116139 10713503 X NEW JERSEY SEEDS (SCHOLARS, EDUCATORS, EXCELLENCE, DEDICATION, SUCCESS) PROVIDES EDUCATIONAL OPPORTUNITIES FOR MOTIVATED, HIGH-ACHIEVING STUDENTS FROM LOW-INCOME FAMILIES. SEEDS PROGRAMS INCLUDE ADVANCED ACADEMIC CLASSES, CULTURAL ENRICHMENT AND LEADERSHIP DEVELOPMENT TO PREPARE STUDENTS FOR ADMISSION TO SELECTIVE INDEPENDENT SCHOOLS AND COLLEGES WHERE THEY CAN REALIZE THEIR FULL POTENTIAL. WE ENCOURAGE OUR ALUMNI TO BE LEADERS WHO GIVE BACK TO THE COMMUNITY. 0 0 2053759 43369 SEEDS PROGRAMS INCLUDE ACCELERATED ACADEMIC CLASSES AND CULTURAL ENRICHMENT TO PREPARE STUDENTS FOR ADMISSION TO TOP INDEPENDENT SCHOOLS AND COLLEGES. OUR SCHOLARS PROGRAM IS OPEN TO ELIGIBLE 7TH GRADE STUDENTS WHO LIVE IN CENTRAL AND NORTHERN NEW JERSEY. THEY RECEIVE PLACEMENT ASSISTANCE FOR 9TH GRADE. OUR YOUNG SCHOLARS PROGRAM IS OPEN TO ELIGIBLE 4TH AND 5TH GRADE STUDENTS WHO LIVE IN THE GREATER NEWARK AREA. THEY RECEIVE PLACEMENT ASSISTANCE FOR 5TH AND 6TH GRADE. FOR BOTH PROGRAMS, STUDENTS TAKE CLASSES ON SATURDAYS AND OVER THE SUMMER. BOTH PROGRAMS ARE FREE,INCLUDING TRANSPORTATION AND BOOKS. BOTH PROGRAMS RUN FOR A 14 MONTH PERIOD. 718816 OUR COLLEGE PREPARATORY PROGRAM IS OPEN TO ELIGIBLE 10TH GRADE STUDENTS FROM ORANGE AND TRENTON NJ. THE SEEDS COLLEGE PREPARATORY PROGRAM PREPARES ACADEMICALLY MOTIVATED, FINANCIALLY-LIMITED, HIGH SCHOOL STUDENTS FOR ADMISSION TO COMPETITIVE FOUR-YEAR COLLEGES. DURING THE SOPHOMORE, JUNIOR AND SENIOR YEARS OF HIGH SCHOOL, THE PROGRAM PROVIDES SATURDAY AND SUMMER HONORS CLASSES, ACT TEST PREPARATION, CULTURAL ENRICHMENT AND ASSISTANCE WITH THE COLLEGE ADMISSIONS AND FINANCIAL AID PROCESSES. 650357 10532 THE NJ SEEDS GUIDANCE PROGRAM IS DESIGNED TO PROVIDE GRADUATES OF THE SCHOLARS, YOUNG SCHOLARS AND COLLEGE PREPARATORY PROGRAMS WITH ACADEMIC, SOCIAL AND EMOTIONAL SUPPORT THROUGHOUT THE TIME THAT THEY ARE ENROLLED IN THEIR PLACEMENT SCHOOLS. THE GUIDANCE DEPARTMENT VISITS APPROXIMATELY 450 STUDENTS ANNUALLY IN MORE THAN 100 SCHOOLS NATIONWIDE. THIS PROGRAM PROVIDES TAILORED PROGRAMMING FOR MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE-AGED STUDENTS. GUIDANCE ALSO CONDUCTS EVENTS INCLUDING COLLEGE ADMISSIONS AND FINANCIAL AID WORKSHOPS, COLLEGE FAIRS, AN ANNUAL SENIOR DINNER FOR STUDENTS GRADUATING FROM HIGH SCHOOL, AND ANNUAL SUMMER REUNION. GUIDANCE SUPPORT INCLUDES INTERNSHIP OPPORTUNITIES AND LEADERSHIP WORKSHOPS. 3422932 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 121 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 NJ NY X X NEW JERSEY SEEDS INC 9736426422 494 BROAD STREET NEWARK NJ 07102 SUSAN PRESENT CHAIR 3.00 X X 0 0 0 ALLEN MEISELS TREASURER 2.00 X X 0 0 0 DEBORAH BARKER BOARD MEMBER 1.00 X 0 0 0 JOEL BENENSON BOARD MEMBER 0.50 X 0 0 0 EMMANUEL BELLO BOARD MEMBER 1.00 X 0 0 0 NATHANIEL CONARD BOARD MEMBER 1.00 X 0 0 0 ELLIOT BERNDT BOARD MEMBER 0.50 X 0 0 0 ANGELO J GENOVA BOARD MEMBER 0.50 X 0 0 0 RONNI DENES PRESIDENT, EXEC. DIR. 40.00 X X 250000 0 8077 PAUL DEROSA BOARD MEMBER 1.00 X 0 0 0 JOHN GREEN BOARD MEMBER 1.00 X 0 0 0 JANENE EDLIN BOARD MEMBER 2.00 X 0 0 0 MARK S NURSE BOARD MEMBER 0.50 X 0 0 0 BOBBIE FRANKFORT PHD BOARD MEMBER 2.00 X 0 0 0 JANICE BECKMEN BOARD MEMBER 1.00 X 0 0 0 VINCENT LIMA BOARD MEMBER 0.50 X 0 0 0 RANDALL NIXON BOARD MEMBER 0.50 X 0 0 0 ANDREW OKUN BOARD MEMBER 1.00 X 0 0 0 MICHAEL BONARTI BOARD MEMBER 0.50 X 0 0 0 STEPHEN VAN BESIEN BOARD MEMBER 0.50 X 0 0 0 ANDY SCHWARTZ BOARD MEMBER 1.00 X 0 0 0 GAYLE WIESENECK BOARD MEMBER 0.50 X 0 0 0 ANDREW THOMPSON BOARD MEMBER 0.50 X 0 0 0 SHERRONDA BROWN BOARD MEMBER 1.00 X 0 0 0 ART WEINBACH BOARD MEMBER 1.00 X 0 0 0 THEO LUBKE BOARD MEMBER 0.50 X 0 0 0 CLAIRE SANTANIELLO BOARD MEMBER 0.50 X 0 0 0 LEE SHAVEL BOARD MEMBER 1.00 X 0 0 0 PAUL KALAMARAS BOARD MEMBER 0.50 X 0 0 0 JOHN CASTANO EXECUTIVE VICE PRESIDENT, ASSISTANT SECRETARY 40.00 X 172040 0 17419 DON GENSINGER DIRECTOR OF FINANCE 40.00 X 132607 0 11398 ANDY HOGE VICE PRESIDENT,DIR. OF ADMISSIONS & PLACE 40.00 X 135007 0 16123 JENNIFER MEHR DIRECTOR OF DEVELOPMENT 40.00 X 124804 0 12619 814458 0 65636 5 0 1 0 0 809819 5514177 6323996 169112 169112 821770 398734 423036 423036 423036 111240 809819 180432 -69192 -69192 6846952 0 0 522956 53901 53901 755801 508180 207120 40501 1586297 1290569 100816 194912 34413 26693 3060 4660 92836 71278 6650 14908 287125 220938 36715 29472 980 392 588 24000 8160 7920 7920 84739 8474 76265 41058 32667 8391 229493 170641 27933 30919 188556 146752 20902 20902 55263 46802 4552 3909 67936 53609 7021 7306 36074 27416 4329 4329 STUDENT EDUCATIONAL EXP 460128 454562 4174 1392 BAD DEBT EXPENSE 154790 123832 15479 15479 STUDENT TRANSPORTATION 128920 128920 EDUCATIONAL BOOKS AND S 27886 27886 27508 21260 1055 5193 4337704 3422932 448314 466458 247458 253297 99217 251435 18472 2794588 26480 3575 17795 665317 538919 152534 126398 629836 453762 8187428 7126343 92238 95507 9430758 11145605 265860 393806 48759 38296 314619 432102 X 5588928 7221619 189843 139516 3337368 3352368 9116139 10713503 9430758 11145605 2509248 -911884 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4247701 15000 -130444 4132257 3824418 15000 408283 4247701 3478401 15000 331017 3824418 3325146 18500 134755 3478401 3088602 15000 221544 3325146 0.18870 0.81130 0 0 196096 130334 65762 469221 408585 60636 126398 INVESTMENTS IN COMMUNITY FOUNDATION 2665215 F FAMILY LIMITED PARTNERSHIP 35728 F INVESTMENTS IN NEW PROVIDENCE BALANCED PORTFOLIO FUND 4425400 F 7126343 X 5935068 -911884 -911884 6846952 0 6846952 4337704 0 4337704 0 4337704 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2015 AND 2014. THE TAX YEARS SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS ARE THE YEARS ENDED AUGUST 31,2012 AND FORWARD. AT AUGUST 31,2015 AND 2014, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NJ SEEDS DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, THE ADMISSION OF STUDENTS, OR ANY OTHER PROGRAMS. ALL STUDENTS SHARE THE SAME RIGHTS AND PRIVILEGES. X X X X X X 1 SEMPEL BIXEL ASSOCIATES 653 N FRANKLIN AVE NUTLEY NJ 07110 CAMPAIGN CONSULTING 0 432265 74624 357641 432265 74624 357641 ANNUAL LEADING CHANGE BENEFIT 678445 606675 71770 39690 47951 GOLF & TENNIS OUTING 242614 203144 39470 68772 24019 921059 809819 111240 108462 71970 180432 -69192 1 STUDENT ESSENTIALS- THIS ASSISTANCE HELPS THE LOW-INCOME STUDENTS AND THEIR FAMILIES COVER SOME OF THE EXPENSES ASSOCIATED WITH ATTENDING INDEPENDENT SCHOOLS THAT ARE NOT COVERED BY THE SCHOOLS' FINANCIAL AID PACKAGES. THESE EXPENSES INCLUDE TUITION GAPS, REGISTRATION FEES, BOOKS, TRAVEL EXPENSES AND OTHER INCIDENTALS. 56 53901 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS FOR ASSISTANCE PROVIDED. SELECTION CRITERIA IS BASED ON A CANDIDATE'S GEOGRAPHIC LOCATION, STRONG ACADEMIC SKILLS AND POTENTIAL, AS WELL AS FINANCIAL NEED. X 0 0 0 0 0 0 0 0 0 RONNI DENES PRESIDENT, EXEC. DIR. 250000 0 0 0 0 0 8077 0 0 0 258077 0 0 0 JOHN CASTANO EXECUTIVE VICE PRESIDENT, ASSISTANT 172040 0 0 0 0 0 6021 0 11398 0 189459 0 0 0 ANDY HOGE VICE PRESIDENT,DIR. OF ADMISSIONS & 135007 0 0 0 0 0 4725 0 11398 0 151130 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY. THEY REVIEW THE FORM 990 AND IF THERE ARE ANY QUESTIONS OR CONCERNS THEY ARE PRESENTED TO THE DIRECTOR OF FINANCE. THE DIRECTOR OF FINANCE WILL REVIEW THE QUESTIONS OR CONCERNS AND IF THERE IS ACTION TO TAKE, SPEAK WITH THE AUDITORS TO RESOLVE THE QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT IS SET BY THE BOARD CHAIR IN CONSULTATION WITH THE FINANCE COMMITTEE CHAIR. THIS EVALUATION TAKES PLACE AFTER A FORMAL ANNUAL PERFORMANCE REVIEW. THE ORGANIZATION'S PROCESS FOR DETERMINING OFFICERS OR KEY EMPLOYEES' COMPENSATION IS TO BENCHMARK USING SALARY SURVEYS FOR THE NON-PROFIT SECTOR IN THE NEW YORK METROPOLITAN AREA. THIS REVIEW IS INCLUDED IN THE BOARD OF TRUSTEES' PROCESS FOR APPROVING BUDGETED SALARY INCREASES FOR ALL STAFF DURING THE ANNUAL BUDGET CYCLE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII,LINE 2C NO CHANGE FROM THE PRIOR YEAR. 990, PAGE 9,PART VIII, LINE 7D, NET GAIN 105,585 THE ORGANIZATION HAS ESTABLISHED INVESTMENT FUNDS WITH COMMUNITY FOUNDATION OF NJ (CFNJ) AND NEW PROVIDENCE ASSET MANAGEMENT (NPAM). IN ADDITION, THE ORGANIZATION HAS A 1% INTEREST IN A FAMILY LIMITED PARTNERSHIP THAT REPORTS NET CAPITAL GAINS AND LOSSES ON FORM K-1. ALL THREE INVESTMENTS PROVIDE THE ORGANIZATION INFORMATION ON NET REALIZED GAINS OR LOSSES BUT NOT ITEMIZED DETAILS THAT WOULD ENABLE THE ORGANIZATION TO ACCURATELY COMPLETE LINES 7A-7C.