Newark Trust for Education Inc: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: Newark Trust for Education Inc (EIN 38-3663314)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2014-10-16
IRS object ID: 201412899349300811
Schema version: 2013v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-10-16T09:23:05-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WithumSmithBrown PC	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 SPRING STREET	AddressLine1
City	NEW BRUNSWICK	City
State	NJ	State
ZIP Code	08901	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	383663314	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEWARK TRUST FOR EDUCATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of	% ROSS DANIS	InCareOfNm
Business Name Control	NEWA	BusinessNameControlTxt
Phone	9736480300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	494 BROAD STREET	AddressLine1
Address Line2	Suite LL30	AddressLine2
City	NEWARK	City
State	NJ	State
ZIP Code	07102	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROSS DANIS	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	9736480300	PhoneNum
Signature	2014-08-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Catherine Bendall	PreparerPersonNm
Phone	7328281614	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	ROSS DANIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	494 BROAD ST SUITE LL30	AddressLine1
City	NEWARK	City
State	NJ	State
ZIP Code	07102	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$767,994	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NEWARKTRUST.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	INDEPENDENT ORGANIZATION DEDICATED TO DEVELOPING, COORDINATING, AND FOCUSING IDEAS, RESOURCES AND EXPERTISE AND HOLDING EVERYONE ACCOUNTABLE FOR QUALITY EDUCATION IN NEWARK.	ActivityOrMissionDesc
Voting Members Governing Body	13	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	4	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$1,108,209	PYContributionsGrantsAmt
CY Contributions Grants	$706,152	CYContributionsGrantsAmt
PY Program Service Revenue	$63,645	PYProgramServiceRevenueAmt
CY Program Service Revenue	$54,200	CYProgramServiceRevenueAmt
PY Investment Income	$3,208	PYInvestmentIncomeAmt
CY Investment Income	$2,777	CYInvestmentIncomeAmt
PY Other Revenue	$503	PYOtherRevenueAmt
CY Other Revenue	$4,865	CYOtherRevenueAmt
PY Total Revenue	$1,175,565	PYTotalRevenueAmt
CY Total Revenue	$767,994	CYTotalRevenueAmt
PY Grants And Similar Paid	$38,761	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$362,530	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$404,041	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$440,020	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$191,432	CYTotalFundraisingExpenseAmt
PY Other Expenses	$228,147	PYOtherExpensesAmt
CY Other Expenses	$288,568	CYOtherExpensesAmt
PY Total Expenses	$670,949	PYTotalExpensesAmt
CY Total Expenses	$1,091,118	CYTotalExpensesAmt
PY Revenues Less Expenses	$504,616	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$323,124	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,070,127	TotalAssetsBOYAmt
Total Assets EOY	$1,348,034	TotalAssetsEOYAmt
Total Liabilities BOY	$670,096	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$271,127	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,400,031	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,076,907	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	NEWARK TRUST FOR EDUCATION IS AN INDEPENDENT ORGANIZATION DEDICATED TO DEVELOPING, COORDINATING AND FOCUSING IDEAS, RESOURCES AND EXPERTISE AND HOLDING ALL OF US RESPONSIBLE FOR QUALITY PUBLIC EDUCATION FOR ALL CHILDREN IN NEWARK. WHILE SOME MODEL PROGRAMS DO THRIVE HERE, NEWARK, NJ HAS LACKED A UNIFIED STRATEGY FOR SYSTEMIC SCHOOL REFORM. THE NOTION OF STARTING A LOCAL EDUCATION FUND IN NEWARK TOOK ROOT IN 2008, WHEN A GROUP OF ENGAGED CITIZENS, SCHOOL DISTRICT LEADERS, POLICY MAKERS, AND FUNDERS, LED BY THE PRUDENTIAL FOUNDATION, CONCERNED ABOUT THE HISTORY OF UNDERPERFORMING SCHOOLS IN THE CITY BEGAN TO EXPLORE THE IDEA IN EARNEST. A YEARLONG PLANNING PROCESS TOOK PLACE THAT INVOLVED OVER 100 STAKEHOLDERS. BEYOND SIGNIFICANT FUNDING FROM THE PRUDENTIAL FOUNDATION AS WELL AS IMPORTANT EARLY SUPPORT FROM THE VICTORIA FOUNDATION AND THE SCHUMANN FUND FOR NEW JERSEY, IT WAS AND REMAINS THE EXPERIENCE, COMMITMENT, AND INTELLECTUAL SUPPORT OF THE BOARD OF DIRECTORS THAT STANDS AS THE ORGA	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$143,330	ExpenseAmt
Desc	Community Engagement - The Trust is committed to public engagement that elevates all voices in support of quality public education for all Newark's children. The Trust seeks to expand outreach, strengthen relationships across sectors and communities, and deepen the understanding of issues, concerns, proposed strategies and initiatives, all in an effort to increase the number of Newark children who are prepared for college or a career.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$76,804	ExpenseAmt
Revenue	$4,865	RevenueAmt
Desc	Research and Publications - Research and publications play an important role in our effort to keep policy makers, parents, program providers, and school principals informed about best practices, and about how they can align efforts in increasingly coordinated and strategic ways. Signature tools that the Trust has developed to assist in these efforts include the NET Navigator (online), which maps external resources at the school level and helps funders, education leaders, and community stakeholders, understand how university partnerships, philanthropic investments, and community engagement are impacting Newark Public Schools. In addition, School Scope (online) was developed by the Trust to assist parents in choosing schools that best meet the needs of their children.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$451,714	ExpenseAmt
Revenue	$54,200	RevenueAmt
Desc	Collaboration and Leadership The Trust's 2014-2017 Strategic Plan is focused on ensuring that all district schools are led by highly effective principals and vice principals, and that all students have access to high quality school options. More specifically, The Trust manages a Funders Collaborative that strategically aligns the resources of a growing number of funders in order to incubate, support, and sustain high quality school options for all students. The Trust also manages a fund that provides financial awards to principals and vice principals of high need schools, for both electing to work in such high need environments and then for those principals and vice principals who are able to demonstrate that their efforts have resulted in increased academic achievement.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$671,848	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	9	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	13	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	ROSS DANIS	PersonNm
Phone	9736480300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	494 BROAD ST SUITE LL30	AddressLine1
City	NEWARK	City
State	NJ	State
ZIP Code	07102	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
SHAN HARRIS
CHAIR	1.0	Yes (X)	Yes (X)	$0	$0	$0
MASHEA ASHTON
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
IRENE COOPER-BASCH
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
STEVEN DINER
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
CELIA KING
SECRETARY	1.0	Yes (X)	Yes (X)	$0	$0	$0
RAYMOND OCASIO
TREASURER	1.0	Yes (X)	Yes (X)	$0	$0	$0
BARBARA REISMAN
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
JUNIUS WILLIAMS
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
JOHN SCHREIBER
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
NANCY CANTOR
Board Member	1.0	Yes (X)		$0	$0	$0
ROBERT CLARK
Board Member	1.0	Yes (X)		$0	$0	$0
JOSEPH DELLA FAVE
BOARD MEMBER	1.0	Yes (X)		$0	$0	$0
CLEMENT PRICE
CHAIR EMERITUS	1.0	Yes (X)		$0	$0	$0
Ross Danis
Executive Director	40.0		Yes (X)	$230,400	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$230,400	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$706,152	AllOtherContributionsAmt
Noncash Contributions	$11,645	NoncashContributionsAmt
Total Contributions	$706,152	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	MANAGEMENT FEE REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$54,200	TotalRevenueColumnAmt
Related Or Exempt Func Income	$54,200	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$54,200	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,777	TotalRevenueColumnAmt
Exclusion	$2,777	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$4,865	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,865	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$4,865	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$767,994	TotalRevenueColumnAmt
Related Or Exempt Func Income	$59,065	RelatedOrExemptFuncIncomeAmt
Exclusion	$2,777	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$35,041	TotalAmt
Program Services	$35,041	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$327,489	TotalAmt
Program Services	$327,489	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$230,400	TotalAmt
Program Services	$87,552	ProgramServicesAmt
Management And General	$32,256	ManagementAndGeneralAmt
Fundraising	$110,592	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$157,494	TotalAmt
Program Services	$98,637	ProgramServicesAmt
Management And General	$49,202	ManagementAndGeneralAmt
Fundraising	$9,655	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$27,226	TotalAmt
Program Services	$13,069	ProgramServicesAmt
Management And General	$5,717	ManagementAndGeneralAmt
Fundraising	$8,440	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$24,900	TotalAmt
Program Services	$11,952	ProgramServicesAmt
Management And General	$5,229	ManagementAndGeneralAmt
Fundraising	$7,719	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$57,640	TotalAmt
Management And General	$57,640	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$91,620	TotalAmt
Program Services	$52,606	ProgramServicesAmt
Management And General	$15,150	ManagementAndGeneralAmt
Fundraising	$23,864	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,317	TotalAmt
Program Services	$1,317	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$27,365	TotalAmt
Program Services	$3,392	ProgramServicesAmt
Management And General	$20,715	ManagementAndGeneralAmt
Fundraising	$3,258	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,288	TotalAmt
Management And General	$4,288	ManagementAndGeneralAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$35,138	TotalAmt
Program Services	$15,847	ProgramServicesAmt
Management And General	$9,057	ManagementAndGeneralAmt
Fundraising	$10,234	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,786	TotalAmt
Program Services	$243	ProgramServicesAmt
Management And General	$106	ManagementAndGeneralAmt
Fundraising	$6,437	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$27,187	TotalAmt
Program Services	$13,050	ProgramServicesAmt
Management And General	$5,709	ManagementAndGeneralAmt
Fundraising	$8,428	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$9,048	TotalAmt
Program Services	$4,343	ProgramServicesAmt
Management And General	$1,900	ManagementAndGeneralAmt
Fundraising	$2,805	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,030	TotalAmt
Management And General	$2,030	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
DONATIONS AND SCHOLARSHIPS	$3,060	$1,760	$1,300
MOVING EXPENSES	$17,539		$17,539
OTHER PROGRAM EXPENSE	$5,550	$5,550

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,091,118	TotalAmt
Program Services	$671,848	ProgramServicesAmt
Management And General	$227,838	ManagementAndGeneralAmt
Fundraising	$191,432	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$672,033	BOYAmt
EOY	$664,636	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$680,543	BOYAmt
EOY	$222,211	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$710,969	BOYAmt
EOY	$437,500	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,843	BOYAmt
EOY	$2,452	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$38,418	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$17,183	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$4,739	BOYAmt
EOY	$21,235	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,070,127	BOYAmt
EOY	$1,348,034	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$44,133	BOYAmt
EOY	$23,599	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$32,500	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$625,963	BOYAmt
EOY	$215,028	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$670,096	BOYAmt
EOY	$271,127	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$472,106	BOYAmt
EOY	$407,184	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$927,925	BOYAmt
EOY	$669,723	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,400,031	BOYAmt
EOY	$1,076,907	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,070,127	BOYAmt
EOY	$1,348,034	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$323,124	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,073,880	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$73,372	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$888,412	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,108,209	CurrentTaxYearMinus1YearAmt
Current Tax Year	$706,152	CurrentTaxYearAmt
Total	$3,850,025	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,073,880	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$73,372	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$888,412	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,108,209	CurrentTaxYearMinus1YearAmt
Current Tax Year	$706,152	CurrentTaxYearAmt
Total	$3,850,025	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,560,894	SubstantialContributorsTotAmt
Public Support Total170	$1,289,131	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$1,309	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,208	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,777	CurrentTaxYearAmt
Total	$7,294	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$119	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$503	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,865	CurrentTaxYearAmt
Total	$5,487	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,862,806	TotalSupportAmt
Gross Receipts Rltd Activities	$177,364	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.33373	PublicSupportCY170Pct
Public Support PY170	0.30418	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd
CY Minus3 Yr Endwmt Fund		CYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt Fund		CYMinus4YrEndwmtFundGrp
Land		LandGrp
Buildings		BuildingsGrp
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,430	OtherCostOrOtherBasisAmt
Depreciation	$12,281	DepreciationAmt
Book Value	$7,149	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,988	OtherCostOrOtherBasisAmt
Depreciation	$4,902	DepreciationAmt
Book Value	$14,086	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$21,235	TotalBookValueLandBuildingsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt
Total Liability	$0	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$767,994	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$767,994	RevenueSubtotalAmt
Total Revenue Per Form990	$767,994	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,091,118	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$1,091,118	ExpensesSubtotalAmt
Total Expenses Per Form990	$1,091,118	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

FORM 990, SCHEDULE D, PART X, QUESTION 2

The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been recorded in the financial statements. Management has determined that there are no uncertain tax positions at the Trust as of June 30, 2014 and 2013. The Trust has no open years subject to examination prior to June 30, 2010. In addition, Trust has no income tax related penalties or interest for the periods reported in the financial statements.

FORM 990, SCHEDULE D, PART IV, QUESTION 2B

THE TRUST PROVIDES ADMINISTRATIVE SUPPORT AND ANALYSIS TO THE NEWARK PUBLIC SCHOOLS FUNDERS' COLLABORATIVE. THE TRUST HAS SIGNATURE AUTHORITY OVER A BANK ACCOUNT WHEREBY THE FUNDS ARE HELD, HOWEVER, THE GOVERNANCE COMMITTEE OF THE FUNDERS' COLLABORATIVE HAS APPROVAL AUTHORITY OVER THE DIRECTION OF THOSE FUNDS. THE TRUST MAKES GRANTS ON BEHALF OF THE FUNDERS' COLLABORATIVE.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Reserve Elder Service Inc	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1440 Broadway No 1601	AddressLine1
City	new york	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Recipient EIN	810665063	RecipientEIN
IRC Section	501(c)(3)	IRCSectionDesc
Cash Grant	$6,810	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	N/A	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc
Purpose Of Grant	COMMUNITY ENGAGEMENT	PurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
LEADERSHIP AWARDS PROGRAM DISBURSEMENTS	46	$305,000	N/A	N/A
COMMUNITY ENGAGEMENT	50	$16,139
SHARED CAMPUS	2	$706
SHABAZZ SUMMER STIPEND	21	$5,644

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	MONITORING OF GRANT AWARDS	FormAndLineReferenceDesc
Explanation	The Collaborative was established to act as a conduit 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; those accounts include the Collaborative Account which is broken down into Restricted and Unrestricted Funds and an Operating Account where funds are either used for operations or designated for a specific purpose. The credits to the accounts are based on the Foundation Award letters. Collaborative Fund: Restricted: 1)Award Letter is issued from the Foundation with an explicit purpose as how the funding is to be deployed 2)Award Letter from the Organization and the Foundation is sent to the Grantee with a check 3)Visits and Follow-ups in the form of post evaluation is monitored and managed by the Organization 4)All paperwork is submitted to the Governance Committee for final review and approval. Unrestricted: 1)RFP (Request for Proposal) is issued to all potential grantees 2)Proposal submitted to the Organization's office for review 3)After review of initial recommendations made by the Organization to Governance Committee 4)Governance committee reviews recommendations and gives final approval with signature of each member 5)Award letters are sent out with a check 6)Follow-up visits and post evaluations reported back to Governance Committee. Operating Fund: Designated to a specific group: Shared Campus 1)RFP issued to schools in the program. 2)Review and approval by the Organization. 3)Grant Award letters send to schools along with the Disbursement of Funds Policy. 4)Check requests are required to receive funds 5)Follow-up and post evaluation are required by the Organization and Foundations. All Grant Awards are reconciled to Bank Accounts and on-going balances of funds disbursed and remaining funds are reviewed by the Foundations and the Organization on a regular basis.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	Ross Danis	PersonNm
Title	Executive Director	TitleTxt
Base Compensation Filing Org	$230,400	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$0	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$230,400	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule J, part III, Supplemental Information	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION'S BOARD OF Directors HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY WHICH IT FOLLOWS WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S Executive Director. A REVIEW OF THE "TOTAL COMPENSATION" IS MADE, WHICH IS INTENDED TO INCLUDE BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED. THE REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF the executive director OF THE ORGANIZATION IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEE ENABLE THE ORGANIZATION TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF the executive director. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT; 2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND 3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION THE MEMBERS OF THE BOARD OF directors EACH ARE INDEPENDENT AND ARE FREE FROM ANY CONFLICTS OF INTEREST. THE COMMITTEE ADEQUATELY DOCUMENTED ITS BASIS FOR ITS DETERMINATION THROUGH THE TIMELY PREPARATION OF WRITTEN MINUTES OF THE MEETINGS DURING WHICH THE EXECUTIVE COMPENSATION AND BENEFITS WAS REVIEWED AND SUBSEQUENTLY APPROVED. THE ACTIONS OUTLINED ABOVE WITH RESPECT TO THE BOARD AND THE ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS ONLY APPLIES TO the executive director. THE COMPENSATION AND BENEFITS OF CERTAIN OTHER INDIVIDUALS CONTAINED IN THIS FORM 990 ARE REVIEWED ANNUALLY BY THE executive director IN CONJUNCTION WITH THE INDIVIDUAL'S JOB PERFORMANCE DURING THE YEAR AND IS BASED UPON OTHER OBJECTIVE FACTORS DESIGNED TO ENSURE THAT REASONABLE AND FAIR MARKET VALUE COMPENSATION IS PAID BY THE ORGANIZATION. OTHER OBJECTIVE FACTORS INCLUDE SALARY DATA FOR COMPARABLE POSITIONS, PERSONNEL REVIEWS AND EVALUATIONS. A complete description of the salary review and authorization policy is found in Schedule O.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
990, PART VI, SECTION B, QUESTION 11A	The form 990 is prepared by the auditor 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
990, PART VI, SECTION B, QUESTION 12	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.
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 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 VI, SECTION B, QUESTION 15	The board of directors formal evaluation of the executive director is based upon the goals outlines in the Organization's strategic plan. Conducted bi-annually, the executive director submitted an extensive self-assessment to the board chair and the executive committee of the board of directors. The executive committee of the board met with the executive director to review the assessment and track progress toward goals. The full governing board as well as additional stakeholders, as deemed appropriate, are surveyed to add evidence and comment on performance. Comments are transcribed and patterns are identified that illustrate areas of strength and areas for growth. This information was shared with the executive director and the entire board of directors in July 2012. The entire process repeats in the first quarter of the second fiscal year that follows. Simultaneously, the board engages in benchmarking salary guidelines across the sector in the region. The council of New Jersey grant makers and other non-profit entities were consulted for salary guides. The executive director was then asked to develop an action plan and set goals for the following cycle. These goals will be sued to inform the next annual performance review and compensation discussion. The salary of the executive director consists of base compensation of $180,000 and a 28 percent benefit allowance which is treated as taxable compensation and included in box 5 compensation on form W-2.