2013-02-12T09:21:13-06:00 2012-08-31 221430039 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2011-09-01 223181507 NEW JERSEY SEEDS INC NEWJ 9736426422 494 BROAD STREET NO 105 NEWARK NJ 07102 DON GENSINGER 9736426422 2013-02-11 1 RON MATAN P01277732 9739949494 2013-02-11 2011 2016-02-25 16:41:14Z SUSAN PRESENT 494 BROAD STREET NO 105 NEWARK NJ 07102 3609818 0 X WWW.NJSEEDS.ORG X 1992 NJ NEW JERSEY SEEDS, INC. IS A PRIVATELY FUNDED, STATEWIDE, NONPROFIT ORGANIZATION COMMITTED TO DEVELOPING FUTURE LEADERS FROM THOSE WHO LIVE IN THE STATE'S LEAST PRIVILEGED COMMUNITIES. 25 25 209 40 0 0 2340950 3214576 0 0 397887 222222 58163 -68875 2797000 3367923 28768 52097 0 0 2293184 2551684 0 0 400311 1285074 1280648 3607026 3884429 -810026 -516506 9963789 9359222 670947 441375 9292842 8917847 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 TRAINING TO PREPARE STUDENTS FOR ADMISSION TO TOP INDEPENDENT SCHOOLS AND THEREBY REALIZE THEIR FULL POTENTIAL. WE ENCOURAGE OUR ALUMNI TO BE LEADERS WHO GIVE BACK TO THE COMMUNITY. 0 0 1374575 SEEDS PROGRAMS INCLUDE ACCELERATED ACADEMIC CLASSES AND CULTURAL ENRICHMENT TO PREPARE STUDENTS FOR ADMISSION TO TOP INDEPENDENT SCHOOLS. THESE PROGRAMS ENABLE STUDENTS TO REALIZE THEIR FULL POTENTIAL. OUR SCHOLARS PROGRAM IS OPEN TO THOSE ELIGIBLE 7TH GRADE STUDENTS THAT LIVE IN CENTRAL AND NORTHERN NEW JERSEY. THEY RECEIVE PLACEMENT ASSISTANCE FOR 9TH GRADE. OUR YOUNG SCHOLARS PROGRAM IS OPEN TO THOSE ELIGIBLE 4TH AND 5TH GRADE STUDENTS THAT 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. 843490 OUR COLLEGE PREPARATORY PROGRAM IS OPEN TO ELIGIBLE 9TH GRADE STUDENTS (FROM ORANGE AND TRENTON NJ). THE SEEDS COLLEGE PREPARATORY PROGRAM PREPARES ACADEMICALLY MOTIVATED, FINANCIALLY-LIMITED STUDENTS FOR ADMISSION TO COMPETITIVE FOUR-YEAR COLLEGES. DURING THE SOPHOMORE, JUNIOR AND SENIOR YEARS OF HIGH SCHOOL, THE PROGRAM PROVIDES WEEKEND AND SUMMER HONORS CLASSES, ACT TEST PREPARATION, CULTURAL ENRICHMENT AND ASSISTANCE WITH THE COLLEGE ADMISSIONS AND FINANCIAL AID PROCESS. 905969 THE NJ SEEDS GUIDANCE PROGRAM IS DESIGNED TO PROVIDE GRADUATES OF THE SCHOLARS, YOUNG SCHOLARS AND COLLEGE PREPARATORY PROGRAMS, ACADEMIC, SOCIAL AND EMOTIONAL SUPPORT. THEY RECEIVE THIS SUPPORT THOROUGHOUT THE TIME THAT THEY ARE ENROLLED IN THEIR PLACEMENT SCHOOLS. THE GUIDANCE DEPARTMENT VISITS APPROXIMATELY 450 STUDENTS ANUALLY IN MORE THAN 100 SCHOOLS NATIONWIDE. THIS PROGRAM PROVIDES TAILORED PROGRAMMING FOR MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE-AGED STUDENTS. THE EVENTS INCLUDE COLLEGE ADMISSIONS AND FINANCIAL AID WORKSHOPS, COLLEGE FAIRS, AN ANNUAL SENIOR DINNER FOR STUDENTS GRADUATING FROM HIGH SCHOOL, AND AN ANNUAL SUMMER REUNION. GUIDANCE SUPPORT ALSO INCLUDES INTERNSHIP OPPORTUNITIES AND LEADERSHIP WORKSHOPS. 3124034 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 209 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 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 0.50 X X 0 0 0 ALLEN MEISELS 0.50 X X 0 0 0 DEBORAH BARKER 0.50 X 0 0 0 JOEL BENENSON 0.50 X 0 0 0 VICTOR BOYAJIAN 0.50 X 0 0 0 NATHANIEL CONARD 0.50 X 0 0 0 JOSE CORREA 0.50 X 0 0 0 ROBERT G COX 0.50 X 0 0 0 RONNI DENES 40.00 X X 177277 0 3185 PAUL DEROSA 0.50 X 0 0 0 MARK DORFMAN 0.50 X 0 0 0 JANENE EDLIN 0.50 X 0 0 0 DAVID FARBER 0.50 X 0 0 0 BOBBIE FRANKFORT PHD 0.50 X 0 0 0 DAVID LK JEFFREY 0.50 X 0 0 0 VINCENT LIMA 0.50 X 0 0 0 RANDALL NIXON 0.50 X 0 0 0 ANDY OKUN 0.50 X 0 0 0 SHERRONDA OLIVER-BROWN 0.50 X 0 0 0 ABBY O'NEILL 0.50 X 0 0 0 ANDY SCHWARTZ 0.50 X 0 0 0 M RANDALL STRICKLAND 0.50 X 0 0 0 ANDREW THOMPSON 0.50 X 0 0 0 R STEPHEN VIGNOLO 0.50 X 0 0 0 ART WEINBACH 0.50 X 0 0 0 LARRY WIESENECK 0.50 X 0 0 0 JOHN CASTANO 40.00 X 152040 0 9075 DON GENSINGER 40.00 X 107056 0 11001 DAVID ALLYN 40.00 X 110526 0 6678 ANDY HOGE 40.00 X 110065 0 8996 LEROY GENERAL 40.00 X 120000 0 0 776964 0 38935 6 0 1 0 0 823931 2390645 9976 3214576 116637 116637 105585 0 105585 105585 105585 173020 823931 241895 -68875 -68875 3367923 0 0 153347 52097 52097 578796 363813 174257 40726 1652515 1368696 65907 217912 40075 29468 5316 5291 126339 92898 16759 16682 153959 119542 16571 17846 5288 1798 1745 1745 21500 7310 7095 7095 5576 4100 740 736 35535 27461 8074 212463 151066 26581 34816 201461 157988 17389 26084 63025 52184 5909 4932 67749 54500 6274 6975 62558 46381 10629 5548 STUDENT EDUCATIONAL EXP 429508 424560 2911 2037 STUDENT TRANSPORTATION 114867 114867 0 0 EDUCATIONAL BOOKS AND S 25672 25672 0 0 PRINTING AND PUBLICATIO 19703 17046 443 2214 15743 12587 1558 1598 3884429 3124034 360084 400311 234064 134815 235421 68227 207319 47053 15520 26950 7142 673741 484163 184165 189578 228894 498241 8747387 8330155 84069 84011 9963789 9359222 608107 380374 62840 61001 670947 441375 X 5716560 5251467 287414 359012 3288868 3307368 9292842 8917847 9963789 9359222 X -516506 141511 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3325146 18500 134755 3478401 3088602 15000 221544 3325146 2670608 184025 233969 3088602 3029074 15843 -374309 2670608 0.05000 0.95000 0 0 216718 152513 64205 457023 331650 125373 189578 INVESTMENTS IN COMMUNITY FOUNDATION 4553721 F FAMILY LIMITED PARTNERSHIP 320378 F INVESTMENTS IN NEW PROVIDENCE BALANCED PORTFOLIO FUND 3456056 F 8330155 3367923 3884429 -516506 141511 141511 -374995 3509434 141511 141511 3367923 0 3367923 3884429 0 3884429 0 3884429 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2012 AND 2011. THE TAX YEARS SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS ARE THE YEARS ENDED AUGUST 31,2009 AND FORWARD. AT AUGUST 31,2012 AND 2011, 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 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. 20TH ANNIVERSARY BENEFIT 751551 662601 88950 144302 GOLF & TENNIS OUTING 183695 120725 62970 51049 14804 1 61705 40605 21100 8240 23500 996951 823931 173020 59289 182606 241895 -68875 DON GENSINGER 494 BROAD STREET NEWARK NJ 07102 1 STUDENT ESSENTIALS- THIS ASSISTANCE HELPS THE LOW-INCOME STUDENTS AND THEIR FAMILIES COVER SOME OF THE EXPENSES ASSOCIATED WITH ATTENDING PRIVATE SCHOOLS THAT ARE NOT COVERED BY THE SCHOOLS' FINANCIAL AID PACKAGES. THESE EXPENSES INCLUDE TUITION GAPS, REGISTRATION FEES, BOOKS, TRAVEL EXPENSES AND OTHER INCIDENTALS. 49 52097 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 177277 0 0 0 0 0 3185 0 0 0 180462 0 0 0 JOHN CASTANO 152040 0 0 0 0 0 0 0 9075 0 161115 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 AFTER A FORMAL ANNUAL PERFORMANCE REVIEW. THE ORGANIZATION'S PROCESS FOR DETERMINING OFFICERS' OR KEY EMPLOYEES' COMPENSATION IS A REVIEW OF SALARIES BY THE FINANCE AND ADMINISTRATION COMMITTEE. THIS REVIEW IS PERFORMED ALONG WITH BUDGETED SALARY INCREASES FOR ALL STAFF DURING THE ANNUAL BUDGET PROCESS. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 141,511. 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.