Civic Intelligence

Newark Alliance Inc.

990 • Fiscal year 2012 • EIN 22-3664305

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 22, 2013

744 Broad StreetSuite 170507102
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.12x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • NTEE T • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

17th percentile

-5.7%

Faster asset growth than 17% of similar nonprofits.

2012 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,469,729

Down $89,621 (-5.7%) from 2011

Net Assets

Down

$1,290,195

Down $149,038 (-10%) from 2011

Liabilities

Up

$179,534

Up $59,417 (+49%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,932,595

Up $315,407 (+20%) from 2011

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.

$10M$5.0M$0Assets 2010: $1,406,610Liabilities 2010: $106,034Net Assets 2010: $1,300,5762010Assets 2011: $1,559,350Liabilities 2011: $120,117Net Assets 2011: $1,439,2332011Assets 2012: $1,469,729Liabilities 2012: $179,534Net Assets 2012: $1,290,1952012Assets 2013: $1,474,785Liabilities 2013: $163,161Net Assets 2013: $1,311,6242013Assets 2014: $1,567,909Liabilities 2014: $304,861Net Assets 2014: $1,263,0482014Assets 2015: $1,422,190Liabilities 2015: $197,380Net Assets 2015: $1,224,8102015Assets 2016: $1,218,207Liabilities 2016: $218,061Net Assets 2016: $1,000,1462016Assets 2017: $1,420,699Liabilities 2017: $191,856Net Assets 2017: $1,228,8432017Assets 2018: $1,477,342Liabilities 2018: $155,810Net Assets 2018: $1,321,5322018Assets 2019: $2,750,804Liabilities 2019: $305,439Net Assets 2019: $2,445,3652019Assets 2020: $3,814,478Liabilities 2020: $595,709Net Assets 2020: $3,218,7692020Assets 2021: $3,740,799Liabilities 2021: $679,276Net Assets 2021: $3,061,5232021Assets 2022: $5,683,238Liabilities 2022: $1,218,322Net Assets 2022: $4,464,9162022Assets 2023: $6,051,783Liabilities 2023: $1,710,494Net Assets 2023: $4,341,2892023Assets 2024: $8,708,782Liabilities 2024: $2,049,149Net Assets 2024: $6,659,6332024

Highlighted filing

2012

Assets$1,469,729
Liabilities$179,534
Net Assets$1,290,195

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,829,1872010Expenses 2011: $1,617,1882011Expenses 2012: $1,932,5952012Revenue 2013: $2,178,913Expenses 2013: $2,157,484Net Income 2013: $21,4292013Revenue 2014: $1,269,374Expenses 2014: $1,317,950Net Income 2014: -$48,5762014Revenue 2015: $944,904Expenses 2015: $983,142Net Income 2015: -$38,2382015Revenue 2016: $1,009,540Expenses 2016: $1,234,204Net Income 2016: -$224,6642016Revenue 2017: $1,677,731Expenses 2017: $1,449,034Net Income 2017: $228,6972017Revenue 2018: $1,685,736Expenses 2018: $1,593,047Net Income 2018: $92,6892018Revenue 2019: $3,227,580Expenses 2019: $2,103,747Net Income 2019: $1,123,8332019Revenue 2020: $3,232,730Expenses 2020: $2,459,326Net Income 2020: $773,4042020Revenue 2021: $2,492,723Expenses 2021: $2,649,969Net Income 2021: -$157,2462021Revenue 2022: $4,232,490Expenses 2022: $2,929,765Net Income 2022: $1,302,7252022Revenue 2023: $4,675,224Expenses 2023: $4,351,314Net Income 2023: $323,9102023Revenue 2024: $7,916,835Expenses 2024: $5,598,491Net Income 2024: $2,318,3442024

Highlighted filing

2012

Revenue-
Expenses$1,932,595
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 22, 2013
Return Version
2012v2.1
Gross Receipts
$1,783,557
Mission and Program Overview

Mission

Newark alliance's mission is to work in partnership to make newark a better, safer place to work, live, learn, play and do business. History ======= the newark alliance is a non-profit organization founded by leaders from some of new jersey's major corporations to support the broader needs of the newark community. Since the organization's inception in 1999, it has focused on creating partnerships with key stakeholders to address issues of high priority to advance newark's revitalization with the goal of improving economic conditions and public education in the state's largest city. The newark alliance is supported by key leaders from the business community, healthcare organizations, newark's secondary and higher education community and civic and non-profit organizations. To accomplish its goals and objectives, the organization also leverages relationships with various state agencies that share its vision for revitalizing the state's largest city. Collectively, these organizations provi

Major Activities

Activity 2
Efforts continued by the newark alliance to support the city of newark's revitalization efforts. All workforce development activities are done for the benefit of the city of newark and its residents. Additionally, the newark alliance staff continued to support projects, participate on boards and assist with developing strategic focus for various activities that impact jobs, residents and the city's infrastructure and physical environment.
Activity 3
Newark public school initiatives - provide support to the superintendent of newark public schools to advance their agenda and strategic plan by addressing high priority areas with the goal of improving public education in the city.
Filing and Contact Details

Filer

EIN
22-3664305
Raw XML AppendixShowing 400 of 858 raw XML fields

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IRS990/Activity2/Description0EFFORTS CONTINUED BY THE NEWARK ALLIANCE TO SUPPORT THE CITY OF NEWARK'S REVITALIZATION EFFORTS. ALL WORKFORCE DEVELOPMENT ACTIVITIES ARE DONE FOR THE BENEFIT OF THE CITY OF NEWARK AND ITS RESIDENTS. ADDITIONALLY, THE NEWARK ALLIANCE STAFF CONTINUED TO SUPPORT PROJECTS, PARTICIPATE ON BOARDS AND ASSIST WITH DEVELOPING STRATEGIC FOCUS FOR VARIOUS ACTIVITIES THAT IMPACT JOBS, RESIDENTS AND THE CITY'S INFRASTRUCTURE AND PHYSICAL ENVIRONMENT.
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IRS990/Activity3/Description0NEWARK PUBLIC SCHOOL INITIATIVES - PROVIDE SUPPORT TO THE SUPERINTENDENT OF NEWARK PUBLIC SCHOOLS TO ADVANCE THEIR AGENDA AND STRATEGIC PLAN BY ADDRESSING HIGH PRIORITY AREAS WITH THE GOAL OF IMPROVING PUBLIC EDUCATION IN THE CITY.
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IRS990/Description0THE NEWARK ALLIANCE LEADS WORKFORCE DEVELOPMENT PROJECTS BY FORGING PARTNERSHIPS WITH EMPLOYERS, HIGHER EDUCATION, TRAINING INSTITUTIONS AND THE PUBLIC WORKFORCE SYSTEM. THESE PARTNERS WORK TO DEVELOP SECTOR-FOCUSED, SUSTAINABLE SYSTEMS BY UNDERSTANDING EMPLOYER NEEDS, FOCUSING TRAINING TO MEET THOSE NEEDS AND DEVELOPING PIPELINES TO EMPLOYMENT. WORKFORCE DEVELOPMENT PROJECTS INCLUDE THE GREATER NEWARK WORKFORCE FUNDERS COLLABORATIVE WHICH TARGETS LOW SKILLED WORKERS; THE FINANCIAL SERVICES TALENT NETWORK WHICH FOCUSES ON DISPLACED WORKERS; AND THE STATE ENERGY SECTOR PARTNERSHIP WHICH FOCUSES ON TRAINING EMPLOYEES FOR ENERGY RELATED JOBS WITH ENERGY COMPANIES.
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IRS990/Form990PartVIISectionA/Title25TRUSTEE
IRS990/Form990PartVIISectionA/Title26TRUSTEE
IRS990/Form990PartVIISectionA/Title27Trustee
IRS990/Form990PartVIISectionA/Title28PRESIDENT & CEO
IRS990/Form990PartVIISectionA/Title29CFO
IRS990/Form990PartVIISectionA/Title30VICE PRESIDENT OF PROGRAMS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.71$2.05$6.66$7.92$5.60$2.32
2023Detailed filing. Detailed filing data is available for this year.$6.05$1.71$4.34$4.68$4.35$0.32
2022Detailed filing. Detailed filing data is available for this year.$5.68$1.22$4.46$4.23$2.93$1.30
2021Detailed filing. Detailed filing data is available for this year.$3.74$0.68$3.06$2.49$2.65$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.81$0.60$3.22$3.23$2.46$0.77
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.31$2.45$3.23$2.10$1.12
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.16$1.32$1.69$1.59$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.42$0.19$1.23$1.68$1.45$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.22$0.22$1.00$1.01$1.23$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.20$1.22$0.94$0.98$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.30$1.26$1.27$1.32$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.47$0.16$1.31$2.18$2.16$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.18$1.29$1.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.12$1.44$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.11$1.30$2.83