Civic Intelligence

Greater Newark Conservancy Inc.

990 • Fiscal year 2016 • EIN 22-2691309

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 23, 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

25th percentile

0.05x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.28x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

31st percentile

$126,424

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

25th percentile

-3.1%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$11,232,149

Down $358,118 (-3.1%) from 2015

Net Assets

Down

$10,710,272

Down $385,844 (-3.5%) from 2015

Liabilities

Up

$521,877

Up $27,726 (+5.6%) from 2015

Revenue

Down

$1,864,951

Down $1,314,207 (-41%) from 2015

Expenses

Up

$2,145,903

Up $23,703 (+1.1%) from 2015

Net Income

Down

-$280,952

Down $1,337,910 (-127%) from 2015

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

2016

Assets$11,232,149
Liabilities$521,877
Net Assets$10,710,272

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

2016

Revenue$1,864,951
Expenses$2,145,903
Net Income-$280,952
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 23, 2016
Return Version
2015v3.0
Gross Receipts
$1,908,517
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$9,400,762$9,424,637▲ $23,875
Cash and Non-Interest-Bearing Accounts$597,691$716,983▲ $119,292
Savings and Temporary Cash Investments$147,435$698,237▲ $550,802
Pledges and Grants Receivable$1,352,247$340,340▼ $1,011,907
Accounts Receivable$28,631$31,434▲ $2,803
Prepaid Expenses and Deferred Charges$60,976$17,993▼ $42,983
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$11,590,267$11,232,149▼ $358,118
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$271,531▲ $271,531
Accounts Payable and Accrued Expenses$165,793$152,509▼ $13,284
Other Liabilities$134,435$0▼ $134,435
Mortgage Notes Payable Secured by Investment Property$193,923$97,837▼ $96,086
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$494,151$521,877▲ $27,726
Net Assets / Fund Balance
Unrestricted Net Assets$9,358,718$9,197,542▼ $161,176
Temporarily Rstr Net Assets$1,737,398$1,512,730▼ $224,668
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$11,096,116$10,710,272▼ $385,844
Total Liabilities and Net Assets / Fund Balance$11,590,267$11,232,149▼ $358,118

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,211,160$806,443$10,017,603
Equipment$109,034$266,575$375,609
Land$74,325-$74,325
Leasehold Improvements$30,118$20,080$50,198
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin L DoughertyExecutive DirectorFT$112,846$13,578$126,424
Jagruti MehtaDirector of FinanceFT$55,409$19,305$74,714

Board Members and Trustees

NameTitle
E Neal ZimmermannCo-chair
Hans J SolmssenCo-chair
Marilyn PfaltzCo-chair Deveopment Commtt
Mark W GordonVice-chair
Christopher MayerBoard Member
David J RosenbergBoard Member
Janette FilbertBoard Member
Rachel SchwarzBoard Member
Randy WisselBoard Member
Robert St JeanBoard Member
Sam ConvissorBoard Member
Sheldon Ogilvy PisaniBoard Member
Frank AdamoSecretary
Samuel CraneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hanini ConstructionConstruction45 ACADEMY STREET, Newark, NJ 07102$613,099
Revenue and Support

Revenue Composition

Contributions and Grants
$1,703,613
Program Service Revenue
$155,067
Investment Income
$184
Other Revenue
$6,087
All Other Contributions
$1,154,440
Change in Net Assets
$-280,952

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 Table21$30,550Fair Market Value (FMV)
Total Noncash Contributions21$30,550-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,864,951
Revenue Not Reported on Form 990
$14,651
Total Revenue per Audited Statements
$1,879,602
Total Revenue per Form 990
$1,864,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,464,749
Other Expenses$681,154
Total Fundraising Expense$160,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$819,719$87,532$90,387$997,638
Current Officers, Directors, Trustees, and Key Employees$146,530$44,674$13,353$204,557
Other Employee Benefits$127,283$4,793$12,748$144,824
Depreciation Depletion$129,115$6,903$5,032$141,050
Payroll Taxes$87,781$15,194$10,155$113,130
Office Expenses$57,648$14,062$7,680$79,390
Insurance$45,114$24,940$1,134$71,188
Occupancy$22,735$41,387$2,132$66,254
Fees for Services Other$34,826$11,622$13,620$60,068
Travel$27,212$1,546$140$28,898
Fees for Services Accounting$18,900$2,275$2,025$23,200
Information Technology$8,885$761$761$10,407
Pension Plan Contributions-$4,600-$4,600
Other Expenses$624$3,442$0$4,066
Fees for Services Legal-$3,753-$3,753
Conferences and Meetings$608$384-$992
Advertising$170--$170
Total Functional Expenses$1,714,602$270,626$160,675$2,145,903

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,265,446
Expenses per Audited Statements$2,145,903
Total Expenses per Form 990$2,145,903
Expenses Not Reported on Form 990$119,543
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$43,566
Fundraising Gross Income$43,566
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$208,612$43,566$43,566$0
Total Events$208,612$43,566$43,566-
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$0
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, Line 15A & 15B

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
% GREATER NEWARK CONSERVANCY
Phone
9736424646
Address
32 Prince Street, NEWARK, NJ 07103

Signing Officer

Name
Robin Dougherty
Title
Executive Director
Phone
9736424646
Signed
2016-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Dougherty
Formed
1987
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
104
Volunteers
914

Preparer

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

Additional Explanations

Form 990, Part XI, Line 9

Other Changes in Net Assets The Conservancy recorded an allowance against grants receivable and pledges receivable in the amount of $(119,543). The Conservancy recorded $14,651 which represents the change in net present value of discount on pledges receivable. These adjustments totaled $(104,892).

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

Education Program The Conservancys education program annually brings innovative, hands-on, science-based lessons and field trips to approximately 8,000 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

Community Greening The Conservancys 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 programs 15 urban farms, including a 1 acre farm and a 2.5 acre farm in Newark generated over 29,000 pounds of fresh produce, bringing fresh, nutritious vegetables to 1,400 low-income residents.

Form 990, Part III, Line 4C

PRISONER RE-ENTRY SERVICES The New Jersey Re-entry Corporation incorporated in September 2015, opened a site at the Conservancy on November 2015, which has enrolled 165 clients as of June 2016. Under this program, services include: Drug and alcohol treatment through Integrity House, on-site horticulture therapy, licensed social worker, DVRS, financial literacy, housing referrals, employment training and legal services. The Conservancy has also started contracts for seasonal landscaping work. The Newark Reentry site is initiating a fatherhood cooking program to assist formerly incarcerated clients with family reunification.

Form 990, Part III, Line 4D

Other Programs The Environmental Justice program builds partnerships with Newark's residents to promote urban environmental issues and strives to empower them to recognize their ability to improve the city's environment. For a number of years the Conservancy has actively advocated for quality of life issues in the city's new Master Plan. More recently, the Conservancy convinced the city to make its Adopt-A-Lot ordinance more user friendly so that residents are encouraged to adopt vacant city-owned property for conversion into neighborhood gardens and urban farms. The Newark youth leadership project (NYLP) annually provides 50 to 60 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 transitional job training program annually works with dozens 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 Conservancys two larger urban farms.

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, 2016 and 2015 and has incurred no interest or penalties related to income taxes for the periods presented in their financial statements.

Part XI Line 2D

Included on the financial statements is $14,651 which represents the change in net present value of discount on pledges receivable which is not included in form 990, Part VIII and is reflected in part XI line 9.

Part XII Line 2D

Included on the financial statements is $119,543 which represents the BAD DEBT EXPENSE which is not included in form 990, Part IX and is reflected in part XI line 9.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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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/PrepaidExpensesDefrdChargesGrp/EOYAmt017993
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IRS990/ProgramServiceRevenueGrp/BusinessCd0561730

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