2011-02-15T14:05:54-06:00 2010-08-31 SOBEL and CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2009-09-01 223181507 NEW JERSEY SEEDS INC NEWJ 9736426422 494 BROAD STREET No 105 NEWARK NJ 07102 DON GENSINGER 9736426422 2011-02-10 1 Ron Matan 9739949494 2011-02-10 2009 2016-02-24 21:20:13Z Bobbie Frankfort 494 BROAD STREET No 105 NEWARK NJ 07102 4806162 0 X www.njseeds.org X 1992 NJ NEW JERSEY SEEDS IS AN ACADEMIC ENRICHMENT AND LEADERSHIP PROPGRAM FOR HIGH-ACHIEVING, LOW INCOME YOUTH. 23 23 156 20 0 0 2525601 3815343 0 -412413 163415 54616 53283 2167804 4032041 61576 73841 0 2185657 2215210 0 407373 1748492 1359372 3995725 3648423 -1827921 383618 9612238 10235333 453282 311685 9158956 9923648 New Jersey SEEDS (Scholars, Educators, Excellence, Dedication, Success) provides educational opportunities for motivated, high-achieving students of modest means. SEEDS programs include advanced academic classes, cultural enrichment opportunities and leadership training to help students gain admission to top schools and thereby realize their full potential. We encourage our alumni to be leaders who give back to the community. 0 0 1105128 SEEDS PROGRAMS INCLUDE ACCELERATED CLASSES, CULTURAL WORKSHOPS TO HELP STUDENTS GAIN ADMISSION TO TOP INDEPENDENT SCHOOLS AN THEREBY REALIZE THEIR FULL POTENTIAL. Our Scholars Program is open to eligible 7th grade students who live in Central and Northern New Jersey. Students take classes on Saturdays and over the summer and receive placement assistance for 9th grade. The program is completely free, including books and transporation and lasts 13 months. Our Young Scholars Program is open to eligible 4th and 5th grade students from Newark. Students take classes on Saturdays and over the summer and receive placement assistance for 6th and 7th grade. The program is free, including transportation and books and lasts 13 months. 639811 Our College Preparatory Program is open to eligible 8th or 9th grade students (from Orange, Englewood, and Trenton NJ). The SEEDS College Preparatory Program prepares academically motivated, financially-limited students for admission to selective four-year colleges during their 3 or 4 years of high school. The Program includes weekend and summer Honors Classes, cultural enrichment and assistance with the college admissions and financial aid process. 843387 The NJ SEEDS Alumni Program is designed to serve graduates of the Scholars, Young Scholars and College Preparatory Programs. The Office of Alumni Relations provides tailored programming for middle school, high school and college-aged students. 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. ALUMNI SUPPORT INCLUDES INTERNSHIP OPPORTUNITIES AND LEADERSHIP WORKSHOPS. 319905 319905 2908231 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 156 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 NJ NY X X NEW JERSEY SEEDS INC 9736426422 494 BROAD STREET NEWARK NJ 07102 DEBORAH BARKER 0.50 X 0 0 0 VICTOR BOYAJIAN 0.50 X 0 0 0 NATHANIEL E CONARD 0.50 X 0 0 0 ROBERT G COX 0.50 X 0 0 0 PAUL DEROSA 0.50 X 0 0 0 JANENE EDLIN 0.50 X 0 0 0 DAVID E FARBER 0.50 X 0 0 0 BOBBIE FRANKFORT 0.50 X X 0 0 0 JOHN GREEN 0.50 X 0 0 0 VINCE LIMA 0.50 X 0 0 0 DAVID JEFFREY 0.50 X 0 0 0 ALLEN MEISELS 0.50 X X 0 0 0 ANDREW M 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 SUSAN PRESENT 0.50 X 0 0 0 M RANDALL STRICKLAND 0.50 X 0 0 0 R STEPHEN VIGNOLO 0.50 X 0 0 0 LARRY WIESENECK 0.50 X 0 0 0 ART WEINBACH 0.50 X 0 0 0 JOEL BENENSON 0.50 X 0 0 0 ANDREW SCHWARTZ 0.50 X 0 0 0 ANDREW THOMPSON 0.50 X 0 0 0 BLAIR MACINNES 20.00 X 19384 0 0 AMY ZIEBARTH 40.00 X 174000 0 4950 dAVID aLLYN 40.00 X 110045 0 1441 DON GENSINGER 40.00 X 113096 0 3405 ANDY HOGE 40.00 X 107863 0 3180 JOHN CASTANO 40.00 X 115566 0 0 TARAH GREENRIDGE 40.00 X 84901 0 1754 639954 0 12976 6 0 1 0 0 172966 3642377 3815343 86209 86209 619330 76029 618153 1177 76029 77206 77206 141486 172966 134473 7013 7013 67765 21495 46270 46270 4032041 0 0 216698 73841 73841 752045 584149 76428 91468 1341973 1046394 138757 156822 121192 87258 15755 18179 3191 1085 1053 1053 19500 6630 6435 6435 73180 23776 23077 26327 25006 19812 5194 212638 140159 36146 36333 240148 187902 21546 30700 60494 49941 5879 4674 61878 49824 5701 6353 36780 26807 7149 2824 STUDENT EDUCATIONAL EXP 457041 457041 STUDENT TRANSPORTATION 135531 135531 EDUCATIONAL BOOKS AND S 50928 50928 Food 36781 11347 25434 MISCELLANEOUS 3554 1925 171 1458 -57278 -46119 -5278 -5881 3648423 2908231 332819 407373 734998 302475 574575 1376610 918957 3037 44190 28508 48717 505074 366788 186683 138286 7042147 7796367 240255 312396 99370 9612238 10235333 399701 252912 53581 58773 453282 311685 X 5831542 6350797 237571 298983 3089843 3273868 9158956 9923648 9612238 10235333 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3089843 184025 3273868 3074000 15843 3089843 0 0 180871 112465 68406 324203 254323 69880 138286 4032041 3648423 383618 381074 381074 764692 4376595 381072 381072 3995523 36519 36519 4032042 3611903 0 3611903 36519 36519 3648422 Part X: Description of Uncertain Tax Positions Under FIN 48: The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization follows accounting 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. Tax returns for certain years are subject to audit by federal and state jurisdictions. At August 31, 2010, there are no significant income tax uncertainties that are expected to have a material impact on the Organization's 2010 financial statements. Part XII, Line 4b - Other Adjustments: SPECIAL EVENTS DIRECT EXPENSES: 36519. Part XIII, Line 4b - Other Adjustments: SPECIAL EVENTS DIRECT EXPENSES: 36519. 1 1 1 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 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 GOLF OUTING 171345 116325 55020 48007 GOLF AUCTION 114153 46780 67373 67373 1 28954 9861 19093 19093 314452 172966 141486 86466 48007 134473 7013 67765 9000 5500 6995 1 1.00000 67765 9000 5500 6995 21495 46270 NY 1 0 0 0 0.00000 1.00000 DON GENSINGER 494 BROAD STREET NEWARK NJ 07102 0 0 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 INCLUED; TUITION GAPS, REGISTRATION FEES, BOOKS, TRAVEL EXPNESES, AND OTHER INCIDENTALS. 79 73841 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE ORGANIZATION MAINTAINS ITS RECORDS FOR ASSISTANCE GIVEN OUT. THE SELECTION CRITERA IS BASED ON LOCATION OF WHERE A CANDIDATE LIVES, STRONG ACADEMIC SKILLS AND POTENTIAL AS WELL AS FINANCIAL NEED. X 0 0 0 0 0 0 0 0 0 AMY ZIEBARTH 174000 0 0 0 0 0 4950 0 0 0 178950 0 61292 0 Form 990, Part VI, Section B, line 11 THE FORM 990 IS PROVIDED TO THE ORGANIZATIONS 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 BY THE ACCOUNTING COMMITTEE OF SALARIES AND THE 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 OR ANOTHER'S WEBSITE GUIDESTAR.COM. 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. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM LAST YEAR. 990, PAGE 9,PART VIII, LINE 7D NET Gain THE ORGANIZATION HAS ESTABLISHED AN INVESTMENT FUND 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. Both 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. (76,029)