Civic Intelligence

Greater Newark Conservancy Inc.

990 • Fiscal year 2017 • EIN 22-2691309

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

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

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.08x

Higher debt load relative to revenue than 26% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

10th percentile

-21%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

31st percentile

$124,560

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

10th percentile

-6.9%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

5.1%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$10,457,022

Down $775,127 (-6.9%) from 2016

Net Assets

Down

$10,290,894

Down $419,378 (-3.9%) from 2016

Liabilities

Down

$166,128

Down $355,749 (-68%) from 2016

Revenue

Up

$1,960,527

Up $95,576 (+5.1%) from 2016

Expenses

Up

$2,379,905

Up $234,002 (+11%) from 2016

Net Income

Down

-$419,378

Down $138,426 (-49%) from 2016

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

2017

Assets$10,457,022
Liabilities$166,128
Net Assets$10,290,894

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

2017

Revenue$1,960,527
Expenses$2,379,905
Net Income-$419,378
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$1,978,888
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$9,424,637$9,142,509▼ $282,128
Pledges and Grants Receivable$340,340$544,828▲ $204,488
Savings and Temporary Cash Investments$698,237$450,147▼ $248,090
Cash and Non-Interest-Bearing Accounts$716,983$271,357▼ $445,626
Accounts Receivable$31,434$34,686▲ $3,252
Prepaid Expenses and Deferred Charges$17,993$10,970▼ $7,023
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$11,232,149$10,457,022▼ $775,127
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$152,509$140,228▼ $12,281
Mortgage Notes Payable Secured by Investment Property$97,837$0▼ $97,837
Grants Payable$271,531$25,900▼ $245,631
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$521,877$166,128▼ $355,749
Net Assets / Fund Balance
Unrestricted Net Assets$9,197,542$8,787,494▼ $410,048
Temporarily Rstr Net Assets$1,512,730$1,503,400▼ $9,330
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$10,710,272$10,290,894▼ $419,378
Total Liabilities and Net Assets / Fund Balance$11,232,149$10,457,022▼ $775,127

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,960,935$1,056,668$10,017,603
Equipment$80,477$297,101$377,578
Land$74,325-$74,325
Leasehold Improvements$26,772$23,426$50,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin L DoughertyExecutive DirectorFT$112,678$11,882$124,560
Jagruti MehtaDirector of FinanceFT$55,409$18,099$73,508

Board Members and Trustees

NameTitle
E Neal ZimmermannCo-chair
Hans J SolmssenCo-chair
Marilyn PfaltzDevelopment Committee Chair
Mark W GordonVice-chair
David J RosenbergBoard Member
Dr Marion BoldenBoard Member
Janette FilbertBoard Member
Jonathan PueschelBoard Member
Rachel SchwarzBoard Member
Sam ConvissorBoard Member
Sam HuberBoard Member
Sheldon Ogilvy PisaniBoard Member
Frank AdamoSecretary
Samuel CraneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,737,851
Program Service Revenue
$218,147
Investment Income
$353
Other Revenue
$4,176
All Other Contributions
$1,103,160
Change in Net Assets
$-419,378

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,960,527
Total Revenue per Audited Statements
$1,960,527
Total Revenue per Form 990
$1,960,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,583,531
Other Expenses$796,374
Total Fundraising Expense$241,338
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$875,341$78,339$155,561$1,109,241
Depreciation Depletion$257,530$16,466$10,619$284,615
Current Officers, Directors, Trustees, and Key Employees$147,746$41,877$13,462$203,085
Other Employee Benefits$128,686$4,786$18,751$152,223
Payroll Taxes$96,660$8,873$13,449$118,982
Insurance$64,064$13,103$2,185$79,352
Office Expenses$36,685$25,121$10,429$72,235
Occupancy$46,437$7,910$3,155$57,502
Fees for Services Other$36,807$9,160$6,539$52,506
Travel$28,053$2,022$192$30,267
Fees for Services Accounting$17,595$1,979$3,126$22,700
Information Technology$4,881$4,138$1,592$10,611
Interest$1,073$4,735$368$6,176
Other Expenses$0$5,400$0$5,400
Conferences and Meetings$249$1,869$248$2,366
Advertising$2,074--$2,074
Fees for Services Legal-$1,384-$1,384
Total Functional Expenses$1,907,427$231,140$241,338$2,379,905

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,379,905
Total Expenses per Audited Statements$2,379,905
Total Expenses per Form 990$2,379,905
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,361
Fundraising Gross Income$18,361
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
spring gala$128,229$18,361$18,361$0
Total Events$128,229$18,361$18,361-
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
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
% JAGRUTI MEHTA
Phone
9736424646
Address
32 Prince Street, NEWARK, NJ 07103

Signing Officer

Name
Robin Dougherty
Title
Executive Director
Phone
9736424646
Signed
2017-11-15
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
85
Volunteers
850

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Brad Caruso
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

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, nutritional health lessons and activities, and farm to school programming. Since the Prudential Outdoor Learning Center opened 13 years ago, it has hosted over 32,000 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 urban farms, including a 1 acre farm and a 2.5 acre farm in Newark generated over 30,000 pounds of fresh produce, bringing fresh, nutritious vegetables to Newark's low-income residents.

Form 990, Part III, Line 4C

Ex-offender reentry services A component of the Conservancy's reentry program for ex-offenders is the New Jersey reentry corporation ("NJRC"). In November 2015 the conservancy became a designated satellite site of the NJRC, serving all Essex County. This Initiative provides counseling to ex-offenders, including referrals for substance abuse treatment, job placement assistance, personal health assessment and referrals, housing assistance, legal services, and opportunities for continuing education. Annually, the NJRC at the Consvervancy is serving between 500-600 Essex county ex-offenders (mostly newark) with a 60 percent job placement rate and an 11 percent recidivism rate (the statewide recidivism rate is 31 percent).

Form 990, Part III, Line 4D

Other Programs 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 has advocated for an environmentally sensitive cleaning of contamination in the lower Passaic river. The Newark Youth Leadership Project ("NYLP")component of the Conservancy's job training program provides supervised training in landscaping, horticulture, education, and office administration for up to 60 newark high school youth each year, seeking to increase employability. The program provides participants with a sample of career options in various environmental fields, an appreciation for their urban environment, and opportunities for pursing higher education. In January 2016, the Conservancy launched its City Bloom Landscaping initiative, which is a fee-for-service landscaping business that generates revenue to help support Conservancy programming while at the same time providing job training experience for ex-offenders. Participants learn skills in the fields of landscaping, horticulture, hardscaping, light construction, and equipment maintenance. Trainees who complete the program are better qualified to seek more permanent employment in the landscaping industry. This past year, the City Bloom Landscaping program earned $176,000 in revenue and trained ten ex-offenders. The clean and green transitional job training program works with formerly 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, 2017 and 2016 and has incurred no interest or penalties related to income taxes for the periods presented in their financial statements.

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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
Peer Organizations

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