Newark Center For Creative Learning Inc is located in Newark, DE. The organization was established in 1974. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Newark Center For Creative Learning Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Center For Creative Learning 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 06/2021, Newark Center For Creative Learning Inc generated $953.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. While expenses have increased by 3.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ELEMENTARY EDUCATION FOR APPROXIMATELY 74 STUDENTS AGED 5-13
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY EDUCATION FOR APPROXIMATELY 74 STUDENTS AGED 5-13
RENTAL INCOME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Martone Vice President | OfficerTrustee | 5 | $60,654 |
Jordan Bailey Treasurer | OfficerTrustee | 5 | $39,026 |
Lauren Evans Secretary | OfficerTrustee | 5 | $31,491 |
Ann Brown President | OfficerTrustee | 1 | $0 |
Marilynn Magnani Board Member | Trustee | 5 | $0 |
Amanda Magee Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $120,573 |
Investment income | $3,960 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $4,200 |
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 | $953,815 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $171,708 |
Compensation to disqualified persons | $466,965 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $26,256 |
Other employee benefits | $43,070 |
Payroll taxes | $49,027 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,785 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $17,398 |
Office expenses | $0 |
Information technology | $6,401 |
Royalties | $0 |
Occupancy | $67,219 |
Travel | $5,679 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $68,274 |
Insurance | $16,143 |
All other expenses | $0 |
Total functional expenses | $1,047,834 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $339,997 |
Savings and temporary cash investments | $283,018 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $298,552 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,520,010 |
Accounts payable and accrued expenses | $7,905 |
Grants payable | $0 |
Deferred revenue | $61,866 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $1,516 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $151,690 |
Total liabilities | $222,977 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $1,297,033 |
Over the last fiscal year, we have identified 1 grants that Newark Center For Creative Learning Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
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Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |
Stemcivics Inc Ewing Township, NJ | $5,738,931 | $13,034,787 |
Neighbours Inc Highland Park, NJ | $4,396,049 | $11,744,083 |
Pillar College Inc Newark, NJ | $2,566,944 | $11,593,625 |
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Charter Schools Development Corporation Hanover, MD | $137,072,204 | $25,530,553 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Midland School North Branch, NJ | $16,197,805 | $7,668,515 |
Teaneck Community Charter School A New Jersey Nonprofit Corporation Teaneck, NJ | $2,956,346 | $7,502,418 |