Newark Mentoring Movement Inc

Organization Overview

Newark Mentoring Movement Inc is located in Newark, NJ. The organization was established in 2012. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Newark Mentoring Movement Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Mentoring Movement Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Newark Mentoring Movement Inc generated $188.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $214.8k during the year ending 12/2020. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO CONNECT INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES TO EXISTING MENTORING PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MATCHING INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES WITH MENTORING PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Owens
Ex. Director
$109,038
Ronald Piervincenzi
Co-Chair
$0
Rose Cali
Co-Chair
$0
Brad Vaiana
Director
$0
Preston Pinket III
Director
$0
David Shaen Hood
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$36,099
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$151,075
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$187,174
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $870
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $188,044

Grants Awarded

Over the last fiscal year, Newark Mentoring Movement Inc has awarded $5,500 in support to 2 organizations.

Grant RecipientAmount

BUTTERFLY DREAMZ

PURPOSE: PROGRAM SUPPORT

$3,500

Newark, NJ

PURPOSE: PROGRAM SUPPORT

$2,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Newark Mentoring Movement Inc has recieved totaling $82,018.

Awarding OrganizationAmount
John J And Rose Cali Family Foundation

Cranford, NJ

PURPOSE: GENERAL SUPPORT

$45,000
National Mentoring Partnership Incorporated

Boston, MA

PURPOSE: SOCIAL JUSTICE GRANTS

$15,000
United States Pharmacopeial Convention Inc

Rockville, MD

PURPOSE: ACS CAN CORPORATE MEMBERSHIP-FRIEND LEVEL 2022

$10,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$5,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$5,000
The Mcj Amelior Foundation

Morristown, NJ

PURPOSE: FOR GENERAL OPERATING SUPPORT

$2,000
View Grant Recipient Profile

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