Civic Intelligence

Trustees of Newark Academy

990 • Fiscal year 2013 • EIN 22-1487270

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 15, 2013

91 South Orange AvenueSuite07039
Siviq Scores

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

Liabilities / Assets

49th percentile

0.27x

Higher debt load relative to assets than 49% of similar nonprofits.

2013 filings • NTEE B • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

83rd percentile

14%

Faster asset growth than 83% of similar nonprofits.

2013 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$65,123,096

Up $8,162,408 (+14%) from 2012

Net Assets

Up

$47,774,730

Up $6,763,178 (+16%) from 2012

Liabilities

Up

$17,348,366

Up $1,399,230 (+8.8%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$20,632,596

Up $1,135,824 (+5.8%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2012: $56,960,688Liabilities 2012: $15,949,136Net Assets 2012: $41,011,5522012Assets 2013: $65,123,096Liabilities 2013: $17,348,366Net Assets 2013: $47,774,7302013Assets 2014: $73,271,874Liabilities 2014: $18,242,500Net Assets 2014: $55,029,3742014Assets 2015: $75,502,773Liabilities 2015: $15,764,222Net Assets 2015: $59,738,5512015Assets 2016: $79,971,142Liabilities 2016: $15,892,578Net Assets 2016: $64,078,5642016Assets 2017: $91,452,549Liabilities 2017: $20,153,998Net Assets 2017: $71,298,5512017Assets 2018: $95,800,981Liabilities 2018: $17,986,917Net Assets 2018: $77,814,0642018Assets 2019: $97,531,125Liabilities 2019: $16,133,373Net Assets 2019: $81,397,7522019Assets 2020: $105,362,026Liabilities 2020: $21,512,788Net Assets 2020: $83,849,2382020Assets 2021: $113,328,907Liabilities 2021: $18,663,472Net Assets 2021: $94,665,4352021Assets 2022: $107,399,722Liabilities 2022: $14,402,156Net Assets 2022: $92,997,5662022Assets 2023: $113,056,418Liabilities 2023: $13,228,856Net Assets 2023: $99,827,5622023Assets 2024: $123,655,235Liabilities 2024: $13,971,486Net Assets 2024: $109,683,7492024

Highlighted filing

2013

Assets$65,123,096
Liabilities$17,348,366
Net Assets$47,774,730

Operations Trend

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

$60M$40M$20M$0Revenue 2012: $26,546,823Expenses 2012: $19,496,772Net Income 2012: $7,050,0512012Expenses 2013: $20,632,5962013Revenue 2014: $26,005,838Expenses 2014: $22,138,163Net Income 2014: $3,867,6752014Revenue 2015: $27,123,078Expenses 2015: $23,239,421Net Income 2015: $3,883,6572015Revenue 2016: $28,676,467Expenses 2016: $23,978,947Net Income 2016: $4,697,5202016Revenue 2017: $32,065,096Expenses 2017: $26,046,590Net Income 2017: $6,018,5062017Revenue 2018: $32,802,512Expenses 2018: $27,325,198Net Income 2018: $5,477,3142018Revenue 2019: $32,355,899Expenses 2019: $28,141,651Net Income 2019: $4,214,2482019Revenue 2020: $33,048,464Expenses 2020: $29,555,148Net Income 2020: $3,493,3162020Revenue 2021: $35,913,632Expenses 2021: $31,830,675Net Income 2021: $4,082,9572021Revenue 2022: $41,225,502Expenses 2022: $30,603,331Net Income 2022: $10,622,1712022Revenue 2023: $40,038,806Expenses 2023: $36,594,725Net Income 2023: $3,444,0812023Revenue 2024: $44,405,009Expenses 2024: $39,648,108Net Income 2024: $4,756,9012024

Highlighted filing

2013

Revenue-
Expenses$20,632,596
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 15, 2013
Return Version
2012v2.1
Gross Receipts
$24,144,378
Mission and Program Overview

Mission

Newark academy will contribute to society thoughtful and compassionate citizens who embrace their responsibilities as ethical, intellectual and civic stewards in the global environment.

Filing and Contact Details

Filer

EIN
22-1487270
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IRS990/MortNotesPyblSecuredInvestProp/EOY04655000
IRS990/NameOfPrincipalOfficerPerson0DONALD M AUSTIN
IRS990/NbrIndependentVotingMembers028
IRS990/NbrVotingGoverningBodyMembers029
IRS990/NbrVotingMembersGoverningBody029
IRS990/NetAssetsOrFundBalancesBOY041011552
IRS990/NetAssetsOrFundBalancesEOY047774730
IRS990/NetGainOrLossInvestments/ExclusionAmount01138
IRS990/NetGainOrLossInvestments/TotalRevenueColumn01138
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/ExclusionAmount06970
IRS990/NetIncomeOrLoss/TotalRevenueColumn06970
IRS990/NetRentalIncomeOrLoss/ExclusionAmount0120030
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn0120030
IRS990/NoncashContributions0398059
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith10960115
IRS990/NumberIndependentVotingMembers028
IRS990/NumberIndividualsGT100K015
IRS990/NumberOfContractorsGT100K08
IRS990/NumberOfEmployees0251
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising01293
IRS990/Occupancy/ManagementAndGeneral0182153
IRS990/Occupancy/ProgramServices0309582
IRS990/Occupancy/Total0493028
IRS990/OfficeExpenses/ManagementAndGeneral048068
IRS990/OfficeExpenses/ProgramServices048068
IRS990/OfficeExpenses/Total096136
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY00
IRS990/OtherAssetsTotal/EOY00
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0583272
IRS990/OtherEmployeeBenefits/ProgramServices01542109
IRS990/OtherEmployeeBenefits/Total02125381
IRS990/OtherExpensePriorYear05723541
IRS990/OtherExpensesCurrentYear06250861
IRS990/OtherExpenses/Description0SUMMER SCHOOL & CAMP PROGRAMS
IRS990/OtherExpenses/Description1FOOD SERVICES
IRS990/OtherExpenses/Description2OTHER EXPENSES
IRS990/OtherExpenses/Description3CONTRACTED SERVICES
IRS990/OtherExpenses/ManagementAndGeneral0299195
IRS990/OtherExpenses/ProgramServices0673522
IRS990/OtherExpenses/ProgramServices1582310
IRS990/OtherExpenses/ProgramServices2149599

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$124$14.0$110$44.4$39.6$4.76
2023Summary only. Only limited summary data is available for this year.$113$13.2$99.8$40.0$36.6$3.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$14.4$93.0$41.2$30.6$10.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$113$18.7$94.7$35.9$31.8$4.08
2020Summary only. Only limited summary data is available for this year.$105$21.5$83.8$33.0$29.6$3.49
2019Summary only. Only limited summary data is available for this year.$97.5$16.1$81.4$32.4$28.1$4.21
2018Summary only. Only limited summary data is available for this year.$95.8$18.0$77.8$32.8$27.3$5.48
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.5$20.2$71.3$32.1$26.0$6.02
2016Detailed filing. Detailed filing data is available for this year.$80.0$15.9$64.1$28.7$24.0$4.70
2015Detailed filing. Detailed filing data is available for this year.$75.5$15.8$59.7$27.1$23.2$3.88
2014Detailed filing. Detailed filing data is available for this year.$73.3$18.2$55.0$26.0$22.1$3.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.1$17.3$47.8$20.6
2012Summary only. Only limited summary data is available for this year.$57.0$15.9$41.0$26.5$19.5$7.05