Civic Intelligence

The Newark Partnership Inc

990EZ • Fiscal year 2021 • EIN 83-3741419

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 27, 2021

267 East Main StNewark, DE 19711

(302) 831-8672

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

69th percentile

24%

Higher net margin than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

60th percentile

13%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-49%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$184,798

Up $21,976 (+13%) from 2020

Net Assets

Up

$184,798

Up $22,008 (+14%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$92,286

Down $89,981 (-49%) from 2020

Expenses

Up

$70,278

Up $50,731 (+260%) from 2020

Net Income

Down

$22,008

Down $140,712 (-86%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $70Liabilities 2019: $02019Assets 2020: $162,822Liabilities 2020: $32Net Assets 2020: $162,7902020Assets 2021: $184,798Net Assets 2021: $184,7982021Assets 2022: $200,796Liabilities 2022: $151Net Assets 2022: $200,6452022Assets 2023: $222,829Liabilities 2023: $3,344Net Assets 2023: $219,4852023Assets 2024: $198,934Liabilities 2024: $2,619Net Assets 2024: $196,3152024Assets 2025: $75,164Liabilities 2025: $1,673Net Assets 2025: $73,4912025

Highlighted filing

2021

Assets$184,798
Liabilities-
Net Assets$184,798

Operations Trend

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

$400K$200K$0-$200KRevenue 2019: $700Expenses 2019: $630Net Income 2019: $702019Revenue 2020: $182,267Expenses 2020: $19,547Net Income 2020: $162,7202020Revenue 2021: $92,286Expenses 2021: $70,278Net Income 2021: $22,0082021Revenue 2022: $155,393Expenses 2022: $139,545Net Income 2022: $15,8482022Revenue 2023: $282,564Expenses 2023: $263,724Net Income 2023: $18,8402023Revenue 2024: $185,881Expenses 2024: $209,051Net Income 2024: -$23,1702024Revenue 2025: $112,501Expenses 2025: $235,327Net Income 2025: -$122,8262025

Highlighted filing

2021

Revenue$92,286
Expenses$70,278
Net Income$22,008
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 27, 2021
Return Version
2020v4.0
Gross Receipts
$92,286
Mission and Program Overview

Mission

The mission of the newark partnership is to build upon newark's distinctive assets as an inclusive and innovative university community in which businesses, community institutions, city residents, and students work together toward the common goals of enriching the city's prosperity and improving the quality of life.

Program Services

DescriptionGrantsExpenses
THE ECONOMIC, CULTURAL, AESTHETIC, ENVIRONMENTAL AND SOCIAL ENHANCEMENT OF THE ENTIRE CITY OF NEWARK, DELAWARE.-$70,278
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
POLLY SIERERChairPT$0--
PAUL KEELYVice Chair-$0--
JAMIE ZINGAROTreasurer-$0--
OLIVIA BRINTONDirector-$0--
DAN RICHAt Large Off-$0--
ROY LAPATAAt Large Off-$0--
FREEMAN WILLIAMSDirector-$0--
CHRIS LOCKEDirector-$0--
JERRY CLIFTONDirector-$0--
TOM COLEMANDirector-$0--
BOB MCBRIDESecretary-$0--
CAITLIN OLSENDirector-$0--
MAX WALTONDirector-$0--
KATHY MATTDirector-$0--
JACK LEVINEDirector-$0--
JAMIE LEEDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Newark Partnership Inc
EIN
83-3741419
Phone
3028318672
Address
267 EAST MAIN ST, NEWARK, DE 19711

Signing Officer

Name
Polly Sierer
Title
Chair
Phone
3025477728
Signed
2021-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Dingle & Kane Pa
Address
356 EAST MAIN STREET STE 100, NEWARK, DE 19711
Preparer
Frederick C Dingle
Phone
3027315200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 17,465 office supplies 3,938 insurance 324 committee expenses 14,349 contractors 2,219 membership 702 bank fees 343 legal and professional 56 strategic planning 171 payroll processing fees 349 taxes and licenses 75 total 39,991

Form 990-ez, Part II, Line 26

Credit card liability 32 0

Form 990-ez, Part III

The mission of the newark partnership is to build upon newark's distinctive assets as an inclusive and innovative university community in which businesses, community institutions, city residents, and students work together toward the common goals of enriching the city's prosperity and improving the quality of life.

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CompensationExplanation/CompensationExplanationGrp/PersonNm3OLIVIA BRINTON
CompensationExplanation/CompensationExplanationGrp/PersonNm4DAN RICH
CompensationExplanation/CompensationExplanationGrp/PersonNm5ROY LAPATA
CompensationExplanation/CompensationExplanationGrp/PersonNm6FREEMAN WILLIAMS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0POLLY SIERER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE NEWARK PARTNERSHIP IS TO BUILD UPON NEWARK'S DISTINCTIVE ASSETS AS AN INCLUSIVE AND INNOVATIVE UNIVERSITY COMMUNITY IN WHICH BUSINESSES, COMMUNITY INSTITUTIONS, CITY RESIDENTS, AND STUDENTS WORK TOGETHER TOWARD THE COMMON GOALS OF ENRICHING THE CITY'S PROSPERITY AND IMPROVING THE QUALITY OF LIFE.
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IRS990EZ/SchoolOperatingInd0false
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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 17,465 OFFICE SUPPLIES 3,938 INSURANCE 324 COMMITTEE EXPENSES 14,349 CONTRACTORS 2,219 MEMBERSHIP 702 BANK FEES 343 LEGAL AND PROFESSIONAL 56 STRATEGIC PLANNING 171 PAYROLL PROCESSING FEES 349 TAXES AND LICENSES 75 TOTAL 39,991
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT CARD LIABILITY 32 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE NEWARK PARTNERSHIP IS TO BUILD UPON NEWARK'S DISTINCTIVE ASSETS AS AN INCLUSIVE AND INNOVATIVE UNIVERSITY COMMUNITY IN WHICH BUSINESSES, COMMUNITY INSTITUTIONS, CITY RESIDENTS, AND STUDENTS WORK TOGETHER TOWARD THE COMMON GOALS OF ENRICHING THE CITY'S PROSPERITY AND IMPROVING THE QUALITY OF LIFE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0POLLY SIERER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03025477728
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE NEWARK PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0833741419
ReturnHeader/Filer/PhoneNum03028318672
ReturnHeader/Filer/USAddress/AddressLine1Txt0267 EAST MAIN ST
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019711
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510314061
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DINGLE & KANE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0356 EAST MAIN STREET STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019711
ReturnHeader/PreparerPersonGrp/PhoneNum03027315200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FREDERICK C DINGLE
ReturnHeader/ReturnTs02021-10-15T10:09:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0POLLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIERER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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