Civic Intelligence

New City Kids Foundation

EIN 83-3916141 • 501(c)3 • Jersey City, NJ

Pub. 78 Eligible990-N CoverageNTEE O11

Profile

The new city kids foundation exists to support the mission and impact of new city kids nationally and internationally. It does this in two main ways. First, it works to raise money to fund the growth of new city kids outlined in the strategic plan. Second, it works to steward the new city kids impact by offering innovations of the new city kids model that can be applied nationally and internationally.

240 Fairmount AveJersey City, NJ 07306

www.newcitykids.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

NTEE O • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.01x

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

NTEE O • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

NTEE O • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$178,748

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 33.5% of source-year revenue.

NTEE O • $1M-$5M nonprofits • Source year 2024

Asset Growth

69th percentile

15%

Faster asset growth than 69% of similar nonprofits.

NTEE O • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

82%

Faster revenue growth than 92% of similar nonprofits.

NTEE O • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,798,644

Up $239,376 (+15%) from 2023

Liabilities

Down

$6,178

Down $727 (-11%) from 2023

Net Assets

Up

$1,792,466

Up $240,103 (+15%) from 2023

Revenue

Up

$532,927

Up $239,771 (+82%) from 2023

Expenses

Up

$385,213

Up $133,407 (+53%) from 2023

Net Income

Up

$147,714

Up $106,364 (+257%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,467,709Liabilities 2022: $0Net Assets 2022: $1,467,7092022Assets 2023: $1,559,268Liabilities 2023: $6,905Net Assets 2023: $1,552,3632023Assets 2024: $1,798,644Liabilities 2024: $6,178Net Assets 2024: $1,792,4662024

Highlighted filing

2024

Assets$1,798,644
Liabilities$6,178
Net Assets$1,792,466

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2022: $2,232,002Expenses 2022: $842,630Net Income 2022: $1,389,3722022Revenue 2023: $293,156Expenses 2023: $251,806Net Income 2023: $41,3502023Revenue 2024: $532,927Expenses 2024: $385,213Net Income 2024: $147,7142024

Highlighted filing

2024

Revenue$532,927
Expenses$385,213
Net Income$147,714

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$532,927
Mission and Program Overview

Mission

The new city kids foundation exists to support the mission and impact of new city kids nationally and internationally. It does this in two main ways. First, it works to raise money to fund the growth of new city kids outlined in the strategic plan. Second, it works to steward the new city kids impact by offering innovations of the new city kids model that can be applied nationally and internationally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,193,691$1,139,900▼ $53,791
Pledges and Grants Receivable-$203,440-
Cash and Non-Interest-Bearing Accounts$141,708$127,847▼ $13,861
Accounts Receivable$34,199$115,618▲ $81,419
Prepaid Expenses and Deferred Charges-$1,782-
Total Assets$1,559,268$1,798,644▲ $239,376
Other Assets Total$189,670$210,057▲ $20,387
Liabilities
Accounts Payable and Accrued Expenses$6,905$6,178▼ $727
Total Liabilities$6,905$6,178▼ $727
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,552,363$1,589,026▲ $36,663
Net Assets With Donor Restrictions-$203,440-
Total Net Assets Fund Balance$1,552,363$1,792,466▲ $240,103
Total Liabilities and Net Assets / Fund Balance$1,559,268$1,798,644▲ $239,376

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$210,057--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$189,670-▲ $21,460-$210,057
2022$174,416-▲ $15,839-$189,670
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cindy OdomEx-officio$70,066$70,066

Board Members and Trustees

NameTitle
Rev Trevor RubinghPresident
Richard NarramoreBoard Presid
Ivan MonzonTrustee
Nydreama McduffieTrustee
Richard KuderSecretary
Zane BrownTreasurer
Jacqueline RiceVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$527,920
Program Service Revenue
$0
Investment Income
$5,007
Other Revenue
$0
All Other Contributions
$527,920
Change in Net Assets
$147,714

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 Amount
Other Non Cash Contri Table1$25,010
Total Noncash Contributions1$25,010

Audited Revenue Reconciliation

Revenue per Audited Statements
$532,927
Revenue Not Reported on Form 990
$92,389
Total Revenue per Audited Statements
$625,316
Total Revenue per Form 990
$532,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$172,594
Grants and Similar Amounts Paid$128,988
Other Expenses$83,631
Total Fundraising Expense$5,189
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,671$72,139-$159,810
Grants to Domestic Individuals$128,988--$128,988
Fees for Services Other$12,050$7,400-$19,450
Payroll Taxes$7,713$4,758-$12,471
Travel$2,775--$2,775
Other Expenses$1,865$2,951$5,189$1,865
Occupancy$740$585-$1,325
Information Technology$1,281--$1,281
Insurance-$1,176-$1,176
All Other Expenses$914$226-$1,140
Fees for Services Legal-$558-$558
Other Employee Benefits$313--$313
Office Expenses$61--$61
Total Functional Expenses$260,231$119,793$5,189$385,213

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$385,213
Total Expenses per Audited Statements$385,213
Total Expenses per Form 990$385,213
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
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

It is reviewed by select members of the organization before filing.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
New City Kids Foundation
EIN
83-3916141
Phone
2016455306
Address
240 FAIRMOUNT AVE, JERSEY CITY, NJ 07306

Signing Officer

Name
Rev Trevor Rubingh
Title
President
Phone
2109159896
Signed
2024-11-14

Organization Details

Principal Officer
Rev Trevor Rubingh
Formed
1997
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
6
Employees
0

Preparer

Firm
Seber Tans Plc
Address
555 W CROSSTOWN PARKWAY STE 304, KALAMAZOO, MI 49008
Preparer
Thomas J Horwath
Phone
2693438180
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The new city kids foundation exists to support the mission and impact of new city kids nationally and internationally. It does this in two main ways. First, it works to raise money to fund the growth of new city kids outlined in the strategic plan. Second, it works to steward the new city kids impact by offering innovations of the new city kids model that can be applied nationally and internationally.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE NEW CITY KIDS FOUNDATION EXISTS TO SUPPORT THE MISSION AND IMPACT OF NEW CITY KIDS NATIONALLY AND INTERNATIONALLY. IT DOES THIS IN TWO MAIN WAYS. FIRST, IT WORKS TO RAISE MONEY TO FUND THE GROWTH OF NEW CITY KIDS OUTLINED IN THE STRATEGIC PLAN. SECOND, IT WORKS TO STEWARD THE NEW CITY KIDS IMPACT BY OFFERING INNOVATIONS OF THE NEW CITY KIDS MODEL THAT CAN BE APPLIED NATIONALLY AND INTERNATIONALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS REVIEWED BY SELECT MEMBERS OF THE ORGANIZATION BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REV TREVOR RUBINGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02109159896
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW CITY KIDS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0833916141
ReturnHeader/Filer/PhoneNum02016455306
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