Civic Intelligence

New Brunswick Education Foundation Inc.

990 • Fiscal year 2018 • EIN 27-0135736

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

40 Van Dyke Avenue - PO Box 247New Brunswick, NJ 08903

(732) 241-4741

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.01x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • NTEE B112 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

0.01x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • NTEE B112 • <$500k nonprofits • Source year 2018

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2018 filings • NTEE B112 • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE B112 • <$500k nonprofits • Source year 2018

Asset Growth

71st percentile

23%

Faster asset growth than 71% of similar nonprofits.

2018 filings • NTEE B112 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

27%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • NTEE B112 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$94,232

Up $17,317 (+23%) from 2017

Net Assets

Up

$93,144

Up $16,229 (+21%) from 2017

Liabilities

Up

$1,088

Up $1,088 from 2017

Revenue

Up

$141,052

Up $30,305 (+27%) from 2017

Expenses

Up

$124,823

Up $5,844 (+4.9%) from 2017

Net Income

Up

$16,229

Up $24,461 (+297%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $45,764Liabilities 2010: $0Net Assets 2010: $45,7642010Assets 2011: $56,262Liabilities 2011: $0Net Assets 2011: $56,2622011Assets 2012: $90,037Liabilities 2012: $14,596Net Assets 2012: $75,4412012Assets 2013: $118,982Liabilities 2013: $0Net Assets 2013: $118,9822013Assets 2014: $97,055Liabilities 2014: $0Net Assets 2014: $97,0552014Assets 2015: $110,104Liabilities 2015: $0Net Assets 2015: $110,1042015Assets 2016: $85,147Liabilities 2016: $0Net Assets 2016: $85,1472016Assets 2017: $76,915Liabilities 2017: $0Net Assets 2017: $76,9152017Assets 2018: $94,232Liabilities 2018: $1,088Net Assets 2018: $93,1442018Assets 2019: $81,964Liabilities 2019: $0Net Assets 2019: $81,9642019Assets 2020: $98,932Liabilities 2020: $0Net Assets 2020: $98,9322020Assets 2021: $181,951Liabilities 2021: $0Net Assets 2021: $181,9512021Assets 2022: $98,108Liabilities 2022: $0Net Assets 2022: $98,1082022Assets 2023: $142,527Liabilities 2023: $0Net Assets 2023: $142,5272023Assets 2024: $122,982Liabilities 2024: $0Net Assets 2024: $122,9822024

Highlighted filing

2018

Assets$94,232
Liabilities$1,088
Net Assets$93,144

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $45,4662010Expenses 2011: $75,8692011Expenses 2012: $85,9262012Revenue 2013: $131,801Expenses 2013: $88,260Net Income 2013: $43,5412013Revenue 2014: $273,138Expenses 2014: $295,065Net Income 2014: -$21,9272014Revenue 2015: $259,540Expenses 2015: $246,491Net Income 2015: $13,0492015Revenue 2016: $125,425Expenses 2016: $150,382Net Income 2016: -$24,9572016Revenue 2017: $110,747Expenses 2017: $118,979Net Income 2017: -$8,2322017Revenue 2018: $141,052Expenses 2018: $124,823Net Income 2018: $16,2292018Revenue 2019: $111,360Expenses 2019: $122,540Net Income 2019: -$11,1802019Revenue 2020: $125,034Expenses 2020: $108,066Net Income 2020: $16,9682020Revenue 2021: $335,705Expenses 2021: $252,686Net Income 2021: $83,0192021Revenue 2022: $197,963Expenses 2022: $281,806Net Income 2022: -$83,8432022Revenue 2023: $269,891Expenses 2023: $225,472Net Income 2023: $44,4192023Revenue 2024: $243,793Expenses 2024: $263,338Net Income 2024: -$19,5452024

Highlighted filing

2018

Revenue$141,052
Expenses$124,823
Net Income$16,229
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$164,806
Mission and Program Overview

Mission

A key objective of the new brunswick education foundation (nbef)is to help the new brunswick public school district enhance its programs in technology, visual and performing arts, cultural enrichment, career development, and other non-core curriculum areas that inspire, equip, and empower students to excel in education and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$76,915$94,232▲ $17,317
Total Assets$76,915$94,232▲ $17,317
Liabilities
Accounts Payable and Accrued Expenses-$1,088-
Total Liabilities$0$1,088▲ $1,088
Net Assets / Fund Balance
Unrestricted Net Assets$76,915$93,144▲ $16,229
Total Net Assets Fund Balance$76,915$93,144▲ $16,229
Total Liabilities and Net Assets / Fund Balance$76,915$94,232▲ $17,317
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$125,467
Program Service Revenue
$0
Investment Income
$107
Other Revenue
$15,478
All Other Contributions
$118,717
Change in Net Assets
$16,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,823
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$6,611$1,850-$8,461
Other Expenses$7,652$349-$8,001
Office Expenses$1,218$5,495-$6,713
All Other Expenses$5,449--$5,449
Fees for Services Other$2,125--$2,125
Travel$239$417-$656
Information Technology$264--$264
Total Functional Expenses$92,612$32,211$0$124,823
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,232
Fundraising Direct Expenses$23,754
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Awards G$45,982$39,232$8,837$30,395
Total Events$45,982$39,232$23,754$15,478
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The 990 is reviewed by executive director prior to submission. The executive director then reviews 990 with the board finance committee.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public based upon request. An individual can schedule an appointment at the organization's office address during business hours to view any of the organization's governing documents.

Filing and Contact Details

Filer

Filer Name
New Brunswick Education Foundation
EIN
27-0135736
Phone
7322414741
Address
40 VAN DYKE AVENUE - PO BOX 247, NEW BRUNSWICK, NJ 08903

Signing Officer

Name
Bobbie Brown
Title
Board President
Phone
7328280043
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bobbie Brown
Formed
2005
Legal Domicile
Nj
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Ml Perry CPA
Address
1075 EASTON AVE TOWER 2 STE 3, SOMERSET, NJ 08873
Preparer
Mark Perry
Phone
7322209700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

A key objective of the new brunswick education foundation (nbef)is to help the new brunswick public school district enhance its programs in technology, visual and performing arts, cultural enrichment, career development, and other non-core curriculum areas that inspire, equip, and empower students to excel in education and in life.

Form 990, Page 2, Part III, Line 4A

Stem / robotics program since 2011, the organization has had a robotics initiative that seeks to inspire new brunswick public school students to better connect with math, science and technology related disciplines as well as ignite their aspirations to pursue careers as scientists, inventors, engineers and even stem related educators. This stem project has provided 6th through 12th grade students with hands-on and inquiry based learning experiences that entails designing, building and programming robotics. Innovative teacher grant program since 2008, nbef has provided over 100,000 for new brunswick public school teachers to implement innovative projects and activities in classrooms and after-school programs. This special collaboration has involved more than 70 educators and has impacted thousands of students ranging from pre- kindergarten through grade 12 in areas such as reading & literacy, performing arts, stem, etc. The process begins with teachers submitting grant proposals that offer novel concepts and strategies which result in dynamic learning experiences for students. Over 100 enrichment projects and activities have been implemented (both inside and outside the classrooms) through the nbef teacher grant program. The nurture thru nature (ntn) program introduces elementary school students to the wonders of nature and natural science. Ntn is a partnership between rutgers university, johnson & johnson worldwide, new brunswick public schools and the new brunswick education foundation (nbef). Nurture thru nature is offered as a summer program on three days a week during july and august and continues as an after-school program in fall and spring during the regular school year.

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IRS990/MissionDesc0A KEY OBJECTIVE OF THE NEW BRUNSWICK EDUCATION FOUNDATION (NBEF)IS TO HELP THE NEW BRUNSWICK PUBLIC SCHOOL DISTRICT ENHANCE ITS PROGRAMS IN TECHNOLOGY, VISUAL AND PERFORMING ARTS, CULTURAL ENRICHMENT, CAREER DEVELOPMENT, AND OTHER NON-CORE CURRICULUM AREAS THAT INSPIRE, EQUIP, AND EMPOWER STUDENTS TO EXCEL IN EDUCATION AND IN LIFE.
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IRS990/OtherExpensesGrp/Desc2TRAINING & DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
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IRS990/OtherExpensesGrp/ProgramServicesAmt212400
IRS990/OtherExpensesGrp/ProgramServicesAmt37652
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IRS990/OtherExpensesGrp/TotalAmt212400
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IRS990/PrincipalOfficerNm0BOBBIE BROWN
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IRS990/ProgSrvcAccomActy2Grp/Desc0PRESENTED SCHOLARSHIPS TOTALING 55,288 TO COLLEGE BOUND STUDENTS FROM NEW BRUNSWICK HIGH SCHOOL AND NEW BRUNSWICK HEALTH SCIENCE TECHNOLOGY HIGH SCHOOL DURING THE YEAR ENDED 12/31/18. NBEF HAS AWARDED OVER 500,000 IN COLLEGE SCHOLARSHIPS SINCE 2007.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE NBEF COLLEGE NETWORK COMPONENT OFFERS PROGRAMS, SERVICES AND SCHOLARSHIPS FOR NEW BRUNSWICK HIGH SCHOOL AND NEW BRUNSWICK HEALTH SCIENCES TECHNOLOGY HIGH SCHOOL ALUMNI WHO ARE ATTENDING COLLEGES, UNIVERSITIES AND VOCATIONAL TRADE INSTITUTES. THIS SPECIAL INITIATIVE PROVIDES STUDENTS WITH CAREER DEVELOPMENT COACHING, RESUME WRITING ASSISTANCE, AND INTERVIEW TRAINING. IN ADDITION, THE COLLEGE NETWORK FACILITATES TWO SPECIAL GATHERINGS PER YEAR (DURING STUDENTS SCHOOL WINTER/SUMMER BREAKS), WHICH INCLUDES WORKSHOPS, PANEL DISCUSSIONS, AND NETWORKING EVENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A KEY OBJECTIVE OF THE NEW BRUNSWICK EDUCATION FOUNDATION (NBEF)IS TO HELP THE NEW BRUNSWICK PUBLIC SCHOOL DISTRICT ENHANCE ITS PROGRAMS IN TECHNOLOGY, VISUAL AND PERFORMING ARTS, CULTURAL ENRICHMENT, CAREER DEVELOPMENT, AND OTHER NON-CORE CURRICULUM AREAS THAT INSPIRE, EQUIP, AND EMPOWER STUDENTS TO EXCEL IN EDUCATION AND IN LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STEM / ROBOTICS PROGRAM SINCE 2011, THE ORGANIZATION HAS HAD A ROBOTICS INITIATIVE THAT SEEKS TO INSPIRE NEW BRUNSWICK PUBLIC SCHOOL STUDENTS TO BETTER CONNECT WITH MATH, SCIENCE AND TECHNOLOGY RELATED DISCIPLINES AS WELL AS IGNITE THEIR ASPIRATIONS TO PURSUE CAREERS AS SCIENTISTS, INVENTORS, ENGINEERS AND EVEN STEM RELATED EDUCATORS. THIS STEM PROJECT HAS PROVIDED 6TH THROUGH 12TH GRADE STUDENTS WITH HANDS-ON AND INQUIRY BASED LEARNING EXPERIENCES THAT ENTAILS DESIGNING, BUILDING AND PROGRAMMING ROBOTICS. INNOVATIVE TEACHER GRANT PROGRAM SINCE 2008, NBEF HAS PROVIDED OVER 100,000 FOR NEW BRUNSWICK PUBLIC SCHOOL TEACHERS TO IMPLEMENT INNOVATIVE PROJECTS AND ACTIVITIES IN CLASSROOMS AND AFTER-SCHOOL PROGRAMS. THIS SPECIAL COLLABORATION HAS INVOLVED MORE THAN 70 EDUCATORS AND HAS IMPACTED THOUSANDS OF STUDENTS RANGING FROM PRE- KINDERGARTEN THROUGH GRADE 12 IN AREAS SUCH AS READING & LITERACY, PERFORMING ARTS, STEM, ETC. THE PROCESS BEGINS WITH TEACHERS SUBMITTING GRANT PROPOSALS THAT OFFER NOVEL CONCEPTS AND STRATEGIES WHICH RESULT IN DYNAMIC LEARNING EXPERIENCES FOR STUDENTS. OVER 100 ENRICHMENT PROJECTS AND ACTIVITIES HAVE BEEN IMPLEMENTED (BOTH INSIDE AND OUTSIDE THE CLASSROOMS) THROUGH THE NBEF TEACHER GRANT PROGRAM. THE NURTURE THRU NATURE (NTN) PROGRAM INTRODUCES ELEMENTARY SCHOOL STUDENTS TO THE WONDERS OF NATURE AND NATURAL SCIENCE. NTN IS A PARTNERSHIP BETWEEN RUTGERS UNIVERSITY, JOHNSON & JOHNSON WORLDWIDE, NEW BRUNSWICK PUBLIC SCHOOLS AND THE NEW BRUNSWICK EDUCATION FOUNDATION (NBEF). NURTURE THRU NATURE IS OFFERED AS A SUMMER PROGRAM ON THREE DAYS A WEEK DURING JULY AND AUGUST AND CONTINUES AS AN AFTER-SCHOOL PROGRAM IN FALL AND SPRING DURING THE REGULAR SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY EXECUTIVE DIRECTOR PRIOR TO SUBMISSION. THE EXECUTIVE DIRECTOR THEN REVIEWS 990 WITH THE BOARD FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BASED UPON REQUEST. AN INDIVIDUAL CAN SCHEDULE AN APPOINTMENT AT THE ORGANIZATION'S OFFICE ADDRESS DURING BUSINESS HOURS TO VIEW ANY OF THE ORGANIZATION'S GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$2.44$2.63$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$2.70$2.25$0.44
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$1.98$2.82$0.84
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$3.36$2.53$0.83
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.25$1.08$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$1.11$1.23$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$1.41$1.25$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.11$1.19$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$1.25$1.50$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$2.60$2.46$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$2.73$2.95$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$1.32$0.88$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.15$0.75$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.45