Civic Intelligence

Newark Teachers Union Education Foundation Corp

990EZ • Fiscal year 2021 • EIN 03-0429304

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 09, 2021

Organization ProfileN/A
1019 Broad StNewark, NJ 07102

(973) 643-8430

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2021 filings • NTEE B03 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE B03 • <$500k nonprofits • Source year 2021

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$78,924

Up $28,619 (+57%) from 2020

Net Assets

Up

$78,924

Up $28,619 (+57%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin99th percentile

Revenue

Up

$28,619

Up $2,887 (+11%) from 2020

Expenses

Down

$0

Down $26,000 (-100%) from 2020

Net Income

Up

$28,619

Up $28,887 (+10779%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $29,302Liabilities 2011: $02011Assets 2012: $22,606Net Assets 2012: $22,6062012Assets 2013: $22,064Liabilities 2013: $02013Assets 2014: $7,716Liabilities 2014: $02014Assets 2015: $6,642Liabilities 2015: $02015Assets 2016: $36,147Liabilities 2016: $02016Assets 2017: $44,361Liabilities 2017: $02017Assets 2018: $44,482Liabilities 2018: $0Net Assets 2018: $44,4812018Assets 2019: $50,573Liabilities 2019: $0Net Assets 2019: $50,5732019Assets 2020: $50,305Liabilities 2020: $0Net Assets 2020: $50,3052020Assets 2021: $78,924Liabilities 2021: $0Net Assets 2021: $78,9242021Assets 2022: $51,242Liabilities 2022: $0Net Assets 2022: $51,2422022Assets 2023: $54,875Liabilities 2023: $0Net Assets 2023: $54,8752023Assets 2024: $47,540Liabilities 2024: $0Net Assets 2024: $47,5402024Assets 2025: $52,404Net Assets 2025: $52,4042025

Highlighted filing

2021

Assets$78,924
Liabilities$0
Net Assets$78,924
Open 2021 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $33,633Expenses 2011: $16,686Net Income 2011: $16,9472011Revenue 2012: $8,414Expenses 2012: $15,110Net Income 2012: -$6,6962012Revenue 2013: $18,623Expenses 2013: $19,165Net Income 2013: -$5422013Revenue 2014: $9,862Expenses 2014: $24,210Net Income 2014: -$14,3482014Revenue 2015: $13,576Expenses 2015: $14,650Net Income 2015: -$1,0742015Revenue 2016: $44,222Expenses 2016: $14,717Net Income 2016: $29,5052016Revenue 2017: $28,369Expenses 2017: $20,155Net Income 2017: $8,2142017Revenue 2018: $22,506Expenses 2018: $22,386Net Income 2018: $1202018Revenue 2019: $25,367Expenses 2019: $19,276Net Income 2019: $6,0912019Revenue 2020: $25,732Expenses 2020: $26,000Net Income 2020: -$2682020Revenue 2021: $28,619Expenses 2021: $0Net Income 2021: $28,6192021Revenue 2022: $26,818Expenses 2022: $54,500Net Income 2022: -$27,6822022Revenue 2023: $31,433Expenses 2023: $27,800Net Income 2023: $3,6332023Revenue 2024: $34,230Expenses 2024: $41,565Net Income 2024: -$7,3352024Revenue 2025: $48,315Expenses 2025: $43,451Net Income 2025: $4,8642025

Highlighted filing

2021

Revenue$28,619
Expenses$0
Net Income$28,619
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 9, 2021
Return Version
2020v4.0
Gross Receipts
$28,619
Mission and Program Overview

Mission

To aid the newark school system staff, as well as enrich its students, and award annual scholarships.

Program Services

DescriptionGrantsExpenses
PROVIDES AID AND SCHOLARSHIPS (no scholarships made due to Covid-19)--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLOS RODRIGUEZTrustee-$0--
JOHANNA S RIOSChairwomen-$0--
JOHN ABEIGONTrustee-$0--
MICHAEL IOVINOTreasurer-$0--
GINA MAILLAROTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$28,619$28,619-$28,619
Total Events$28,619$28,619-$28,619
Filing and Contact Details

Filer

Filer Name
Newark Teachers Union
EIN
03-0429304
Phone
9736438430
Address
1019 BROAD ST, NEWARK, NJ 07102

Signing Officer

Name
Michael Iovino
Title
Treasurer
Signed
2021-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Michael J Albanese & Co
Address
275 PATERSON AVE, LITTLE FALLS, NJ 07424
Preparer
Michael J Albanese
Phone
9737851596
Supplemental Narrative

Additional Explanations

Client Note 1

“Client Note 1 - GRANTS AND SIMILAR AMOUNTS PAID:MULLENBERGBLOOMFIELD COLLEGEMOMMOUTH UNIERSITYCATHOLIC COLLEGEU OF RICHMONDNJITDREW UMONTCLAIR UNIVERSITYGEOGIAN COURTSTOCKTON UNIVERSITYNJITKUTZTOWN UMORGAN STATEKEAN UBOWAN UU OF MAINETOGHETHER WITH RELATED SCHOLARSHIP DINNER, PRINTING & ETC - TOTAL $28,400.”

Raw XML Appendix138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHANNA RIOS
IRS990EZ/BooksInCareOfDetail/PhoneNum09736438430
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O NTU 1019 BROAD ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007102
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050305
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt078924
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028619
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt050305
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078924
IRS990EZ/FundraisingGrossIncomeAmt028619
IRS990EZ/GrossReceiptsAmt028619
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt050305
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078924
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt050305
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078924
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARLOS RODRIGUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHANNA S RIOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN ABEIGON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL IOVINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GINA MAILLARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairwomen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO AID THE NEWARK SCHOOL SYSTEM STAFF, AS WELL AS ENRICH ITS STUDENTS, AND AWARD ANNUAL SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES AID AND SCHOLARSHIPS (no scholarships made due to Covid-19)
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt028619
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalRevenueAmt028619
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt026000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0140581
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0140581
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt026000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt032191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0140581
IRS990ScheduleA/TotalSupportAmt0140581
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028619
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - GRANTS AND SIMILAR AMOUNTS PAID:MULLENBERGBLOOMFIELD COLLEGEMOMMOUTH UNIERSITYCATHOLIC COLLEGEU OF RICHMONDNJITDREW UMONTCLAIR UNIVERSITYGEOGIAN COURTSTOCKTON UNIVERSITYNJITKUTZTOWN UMORGAN STATEKEAN UBOWAN UU OF MAINETOGHETHER WITH RELATED SCHOLARSHIP DINNER, PRINTING & ETC - TOTAL $28,400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL IOVINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEWARK TEACHERS UNION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION FOUNDATION CORP
ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0030429304
ReturnHeader/Filer/PhoneNum09736438430
ReturnHeader/Filer/USAddress/AddressLine1Txt01019 BROAD ST
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007102
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222119454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael J Albanese & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0275 PATERSON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007424
ReturnHeader/PreparerPersonGrp/PhoneNum09737851596
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J ALBANESE
ReturnHeader/ReturnTs02021-08-09T13:15:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IOVINO
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,924
Liabilities
$0
Net assets
$78,924
Revenue
$28,619
Expenses
$0
Net income
$28,619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$52.4$52.4$48.3$43.5$4.86
2024Detailed filing. Detailed filing data is available for this year.$47.5$0.00$47.5$34.2$41.6$7.34
2023Detailed filing. Detailed filing data is available for this year.$54.9$0.00$54.9$31.4$27.8$3.63
2022Detailed filing. Detailed filing data is available for this year.$51.2$0.00$51.2$26.8$54.5$27.7
2021Detailed filing. Detailed filing data is available for this year.$78.9$0.00$78.9$28.6$0.00$28.6
2020Detailed filing. Detailed filing data is available for this year.$50.3$0.00$50.3$25.7$26.0$0.27
2019Detailed filing. Detailed filing data is available for this year.$50.6$0.00$50.6$25.4$19.3$6.09
2018Detailed filing. Detailed filing data is available for this year.$44.5$0.00$44.5$22.5$22.4$0.12
2017Summary only. Only limited summary data is available for this year.$44.4$0.00$28.4$20.2$8.21
2016Summary only. Only limited summary data is available for this year.$36.1$0.00$44.2$14.7$29.5
2015Summary only. Only limited summary data is available for this year.$6.64$0.00$13.6$14.7$1.07
2014Summary only. Only limited summary data is available for this year.$7.72$0.00$9.86$24.2$14.3
2013Summary only. Only limited summary data is available for this year.$22.1$0.00$18.6$19.2$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$22.6$8.41$15.1$6.70
2011Summary only. Only limited summary data is available for this year.$29.3$0.00$33.6$16.7$16.9