Civic Intelligence

Greater Newark Conservancy Inc.

990 • Fiscal year 2015 • EIN 22-2691309

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 01, 2016

32 Prince StreetNewark, NJ 07103

(973) 642-4646

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

38th percentile

0.16x

Higher debt load relative to revenue than 38% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

27th percentile

$113,250

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

65th percentile

5.1%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

30%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$11,590,267

Up $560,693 (+5.1%) from 2014

Net Assets

Up

$11,096,116

Up $1,069,902 (+11%) from 2014

Liabilities

Down

$494,151

Down $509,209 (-51%) from 2014

Revenue

Up

$3,179,158

Up $736,910 (+30%) from 2014

Expenses

Down

$2,122,200

Down $38,907 (-1.8%) from 2014

Net Income

Up

$1,056,958

Up $775,817 (+276%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $10,509,128Liabilities 2010: $876,789Net Assets 2010: $9,632,3392010Assets 2011: $10,438,264Liabilities 2011: $635,763Net Assets 2011: $9,802,5012011Assets 2012: $10,372,476Liabilities 2012: $575,196Net Assets 2012: $9,797,2802012Assets 2013: $10,324,182Liabilities 2013: $590,311Net Assets 2013: $9,733,8712013Assets 2014: $11,029,574Liabilities 2014: $1,003,360Net Assets 2014: $10,026,2142014Assets 2015: $11,590,267Liabilities 2015: $494,151Net Assets 2015: $11,096,1162015Assets 2016: $11,232,149Liabilities 2016: $521,877Net Assets 2016: $10,710,2722016Assets 2017: $10,457,022Liabilities 2017: $166,128Net Assets 2017: $10,290,8942017Assets 2018: $10,402,222Liabilities 2018: $120,484Net Assets 2018: $10,281,7382018Assets 2019: $11,503,051Liabilities 2019: $140,016Net Assets 2019: $11,363,0352019Assets 2020: $13,119,035Liabilities 2020: $222,476Net Assets 2020: $12,896,5592020Assets 2021: $12,907,230Liabilities 2021: $189,889Net Assets 2021: $12,717,3412021Assets 2022: $13,066,036Liabilities 2022: $169,327Net Assets 2022: $12,896,7092022Assets 2023: $12,527,506Liabilities 2023: $187,096Net Assets 2023: $12,340,4102023Assets 2024: $15,143,825Liabilities 2024: $224,431Net Assets 2024: $14,919,3942024Assets 2025: $13,459,483Liabilities 2025: $150,962Net Assets 2025: $13,308,5212025

Highlighted filing

2015

Assets$11,590,267
Liabilities$494,151
Net Assets$11,096,116

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,405,1632010Expenses 2011: $1,685,2842011Revenue 2012: $1,757,094Expenses 2012: $1,769,832Net Income 2012: -$12,7382012Expenses 2013: $1,910,6232013Revenue 2014: $2,442,248Expenses 2014: $2,161,107Net Income 2014: $281,1412014Revenue 2015: $3,179,158Expenses 2015: $2,122,200Net Income 2015: $1,056,9582015Revenue 2016: $1,864,951Expenses 2016: $2,145,903Net Income 2016: -$280,9522016Revenue 2017: $1,960,527Expenses 2017: $2,379,905Net Income 2017: -$419,3782017Revenue 2018: $1,945,299Expenses 2018: $2,220,868Net Income 2018: -$275,5692018Revenue 2019: $3,177,087Expenses 2019: $2,095,790Net Income 2019: $1,081,2972019Revenue 2020: $3,196,672Expenses 2020: $1,663,148Net Income 2020: $1,533,5242020Revenue 2021: $1,398,315Expenses 2021: $1,577,533Net Income 2021: -$179,2182021Revenue 2022: $2,115,520Expenses 2022: $1,898,532Net Income 2022: $216,9882022Revenue 2023: $1,475,145Expenses 2023: $2,044,170Net Income 2023: -$569,0252023Revenue 2024: $5,212,515Expenses 2024: $2,664,159Net Income 2024: $2,548,3562024Revenue 2025: $1,810,962Expenses 2025: $3,422,769Net Income 2025: -$1,611,8072025

Highlighted filing

2015

Revenue$3,179,158
Expenses$2,122,200
Net Income$1,056,958
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$3,196,933
Mission and Program Overview

Mission

Greater newark conservancy promotes environmental stewardship to improve the quality of life in nj's urban areas. (see schedule o for details).

To improve the quality of life in urban areas through environmental education, community greening & gardening, job training and advocacy for environmental justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,029,271$9,400,762▲ $1,371,491
Pledges and Grants Receivable$1,162,968$1,352,247▲ $189,279
Cash and Non-Interest-Bearing Accounts$515,234$597,691▲ $82,457
Savings and Temporary Cash Investments$1,230,667$147,435▼ $1,083,232
Prepaid Expenses and Deferred Charges$60,731$60,976▲ $245
Accounts Receivable$28,178$28,631▲ $453
Intangible Assets$2,525$2,525→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$11,029,574$11,590,267▲ $560,693
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$288,108$193,923▼ $94,185
Accounts Payable and Accrued Expenses$542,466$165,793▼ $376,673
Other Liabilities$172,786$134,435▼ $38,351
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,003,360$494,151▼ $509,209
Net Assets / Fund Balance
Unrestricted Net Assets$8,173,959$9,358,718▲ $1,184,759
Temporarily Rstr Net Assets$1,852,255$1,737,398▼ $114,857
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$10,026,214$11,096,116▲ $1,069,902
Total Liabilities and Net Assets / Fund Balance$11,029,574$11,590,267▲ $560,693

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,753,798-$5,753,798
Buildings$3,437,707$703,931$4,141,638
Equipment$101,467$235,723$337,190
Land$74,325-$74,325
Leasehold Improvements$33,465$16,733$50,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin L DoughertyExecutive DirectorFT$100,992$12,258$113,250
Jagruti MehtaDirector of FinanceFT$55,970$18,312$74,282

Board Members and Trustees

NameTitle
E Neal ZimmermannCo-chair
Hans J SolmssenCo-chair
James M PorterCo-chair Development Comitt
Marilyn PfaltzCo-chair Deveopment Commtt
Mark W GordonVice-chair
Christopher MayerBoard Member
David J RosenbergBoard Member
Janette FilbertBoard Member
Mark a CheatamBoard Member
Michael StagliolaBoard Member
Rachel SchwarzBoard Member
Randy WisselBoard Member
Sam ConvissorBoard Member
Scott PollackBoard Member
Sheldon Ogilvy PisaniBoard Member
Frank AdamoSecretary
Samuel CraneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hanini ConstructionConst. Contractor45 ACADEMY STREET, Newark, NJ 07102$1,889,306
Revenue and Support

Revenue Composition

Contributions and Grants
$3,070,397
Program Service Revenue
$86,809
Investment Income
$19,947
Other Revenue
$2,005
All Other Contributions
$2,255,994
Change in Net Assets
$1,056,958

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table37$32,890Fair Market Value (FMV)
Total Noncash Contributions37$32,890-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,179,158
Revenue Not Reported on Form 990
$12,944
Total Revenue per Audited Statements
$3,192,102
Total Revenue per Form 990
$3,179,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,432,918
Other Expenses$689,282
Total Fundraising Expense$268,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$790,716$57,918$139,094$987,728
Current Officers, Directors, Trustees, and Key Employees$130,009$23,276$25,047$178,332
Depreciation Depletion$137,397$9,606$9,852$156,855
Other Employee Benefits$118,240$5,933$19,641$143,814
Payroll Taxes$89,162$7,099$14,307$110,568
Office Expenses$49,298$24,170$13,359$86,827
Insurance$59,870$7,636$5,076$72,582
Fees for Services Other$23,146$7,599$7,805$38,550
Travel$36,323$700$229$37,252
Occupancy$22,717$2,499$2,853$28,069
Fees for Services Accounting$15,375$2,255$2,870$20,500
Pension Plan Contributions-$12,476-$12,476
Other Expenses$446$5,129$17$5,592
Information Technology$891$3,602$215$4,708
Conferences and Meetings$582-$131$713
Advertising-$606$39$645
Total Functional Expenses$1,683,533$170,519$268,148$2,122,200

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,122,200
Total Expenses per Audited Statements$2,122,200
Total Expenses per Form 990$2,122,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,855
Fundraising Gross Income$15,855
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$89,290$15,855$5,177$10,678
Total Events$89,290$15,855$15,855-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contractor Retainage$134,435
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

After preparation of the 990 Tax Return, a draft copy is emailed to the Board Treasurer, Executive Director, and Finance Director for review and approval.

Form 990, Part VI, Section B, Line 12C

In the annual meeting, the Board Members are required to sign a conflict of interest statement. When a conflict of interest is identified, the Board Member recuses themself from voting.

Form 990, Part VI, Section B, Lines 15A & 15B

The Executive Director's salary is reviewed by the Executive Committee, who then recommends any salary change to the full board. For all other Directors, the Executive Director reviews and recommends any changes. The Executive Committee conducts a review and comparison to market rates for the positions before setting a new salary rate.

Form 990, Part VI, Section C, Line 19

The Conflict of Interest Policy, Audited Financial Statements, and all Governing Documents are kept on file and are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Greater Newark Conservancy Inc
EIN
22-2691309
In Care Of
% ROBIN L DOUGHERTY
Phone
9736424646
Address
32 Prince Street, NEWARK, NJ 07103

Signing Officer

Name
Robin L Dougherty
Title
Executive Director
Phone
9736424646
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Dougherty
Formed
1987
Legal Domicile
Nj
Voting Board Members
17
Independent Board Members
17
Employees
125
Volunteers
767

Preparer

Firm
WithumSmithBrown PC
Address
1 SPRING STREET, NEW BRUNSWICK, NJ 08901
Preparer
James Mulroy
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Greater newark conservancy promotes environmental stewardship to improve the quality of life in nj's urban areas. Founded in 1987, the conservancy has four program areas-environmental education, community greening and gardening, job training and advocacy for environmental justice.

Form 990, Part III, Line 4A

The Conservancy's education program annually brings innovative, hands-on, science-based lessons and field trips to approximately 7,000 inner-city schoolchildren from Newark and its environs. Programming focuses on the urban environment and includes environmental education field trips to the Prudential Outdoor Learning Center in downtown Newark, in-class reverse field trips, living laboratory outdoor teaching gardens at Newark schools, and nutritional health lessons and activities. Since the Prudential Outdoor Learning Center opened ten years ago, it has hosted over 27,000 underserved children who have engaged in environmental field trips.

Form 990, Part III, Line 4B

The Conservancy's community greening program annually serves over 2,000 Newark residents through its community gardens with resident-adopted planting plots; urban farm lots that generate fresh, local produce; and a farm stand operation that makes nutritious, healthy foods available to the inner-city population. Last growing season the program's 15 urban farms, including a 1 acre farm and a 2.5 acre farm in Newark generated over 56,000 pounds of fresh produce, bringing fresh, nutritious vegetables to 1,400 low-income residents.

Form 990, Part III, Line 4C

The Conservancy's job training program includes two components - the Newark youth leadership project ("NYLP") and the clean and green transitional job training program. NYLP annually provides 60 to 70 Newark high school students with on-the-job-training in leadership development, public speaking, resume development, business skills, job readiness and green careers. The program encourages college enrollment, opening new vistas and career exploration. The clean and green program annually works with hundreds of recently incarcerated Newark residents and ex-gang affiliated members to assist them in making the transition from prison to gainful employment. Training focuses on a variety of horticultural and landscaping skills. Throughout the program, participants clean highway gateways and medians and hundreds of vacant, city-owned lots in Newark. A major emphasis has been on developing and helping to maintain the Conservancy's two larger urban farms.

Form 990, Part III, Line 4D

The Conservancy's environmental justice program organizes and empowers inner-city residents to confront and overcome urban environmental issues. For many years, the program focused on various components of Newark's master planning process, seeking to interject sound environmental principles and to guide the city toward greater sustainability. More recently, the program has concentrated on seeking an environmentally sensitive cleanup of the intensively polluted lower Passaic river while minimizing the impacts on the Ironbound section of Newark.

Form 990, Part XI, Line 9

Other changes in net assets amounted to $12,944 which represents the change in net present value of discount on pledges receivable.

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

The Conservancy is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code and state income tax under similar provisions. Accordingly, no provision for Federal income tax has been recorded in the statements of financial position. The Conservancy had no unrecognized benefits at June 30, 2015 and 2014 and has incurred no interest or penalties related to income taxes for the periods presented in their financial statements.

Form 990, Schedule D, Part XIII, Line 2D

Included on the financial statements is $12,944 which represents the change in net present value of discount on pledges receivable which is not included in form 990, Part VIII.

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IRS990/Form990PartVIISectionAGrp/PersonNm10RACHEL SCHWARZ
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IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL STAGLIOLA
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-CHAIR DEVEOPMENT COMMTT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CO-CHAIR DEVELOPMENT COMITT
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF FINANCE
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IRS990/FundraisingDirectExpensesAmt015855
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GREATER NEWARK CONSERVANCY PROMOTES ENVIRONMENTAL STEWARDSHIP TO IMPROVE THE QUALITY OF LIFE IN NJ'S URBAN AREAS. (SEE SCHEDULE O FOR DETAILS).
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IRS990/OtherExpensesGrp/Desc1LANDSCAPING SUPPLIES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/OtherExpensesGrp/ProgramServicesAmt3446
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IRS990/OtherExpensesGrp/TotalAmt13021
IRS990/OtherExpensesGrp/TotalAmt220088
IRS990/OtherExpensesGrp/TotalAmt35592
IRS990/OtherLiabilitiesGrp/BOYAmt0172786
IRS990/OtherLiabilitiesGrp/EOYAmt0134435
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02005
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02005

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.5$0.15$13.3$1.81$3.42$1.61
2024Detailed filing. Detailed filing data is available for this year.$15.1$0.22$14.9$5.21$2.66$2.55
2023Detailed filing. Detailed filing data is available for this year.$12.5$0.19$12.3$1.48$2.04$0.57
2022Detailed filing. Detailed filing data is available for this year.$13.1$0.17$12.9$2.12$1.90$0.22
2021Detailed filing. Detailed filing data is available for this year.$12.9$0.19$12.7$1.40$1.58$0.18
2020Detailed filing. Detailed filing data is available for this year.$13.1$0.22$12.9$3.20$1.66$1.53
2019Detailed filing. Detailed filing data is available for this year.$11.5$0.14$11.4$3.18$2.10$1.08
2018Detailed filing. Detailed filing data is available for this year.$10.4$0.12$10.3$1.95$2.22$0.28
2017Detailed filing. Detailed filing data is available for this year.$10.5$0.17$10.3$1.96$2.38$0.42
2016Detailed filing. Detailed filing data is available for this year.$11.2$0.52$10.7$1.86$2.15$0.28
2015Detailed filing. Detailed filing data is available for this year.$11.6$0.49$11.1$3.18$2.12$1.06
2014Detailed filing. Detailed filing data is available for this year.$11.0$1.00$10.0$2.44$2.16$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.59$9.73$1.91
2012Summary only. Only limited summary data is available for this year.$10.4$0.58$9.80$1.76$1.77$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.64$9.80$1.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.88$9.63$1.41