Youthbuild Newark
- Assets
- $8.4m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 23
- Location
- Newark, NJ
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 75-3187358
Organization Overview
Youthbuild Newark is located in Newark, NJ. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Youthbuild Newark employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youthbuild Newark 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, Youthbuild Newark generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $3.8m during the year ending 06/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HARNESS THE INTELLIGENCE AND POSITIVE ENERGY OF LOW-INCOME YOUNG PEOPLE TO REBUILD THEIR COMMUNITY AND THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPPORTUNITY YOUTH NETWORK MANAGING LEAD CHARTER SCHOOL (LEAD) IN 2020-2021, NOYN MANAGED THE EDUCATIONAL AND OPERATIONAL PROGRAMS FOR LEAD CHARTER SCHOOL -- NEW JERSEYS FIRST ALTERNATIVE EDUCATION PUBLIC CHARTER SCHOOL. LEAD'S KEY DESIGN ELEMENTS SUPPORT THE UNIQUE ACADEMIC AND NONACADEMIC NEEDS OF STUDENTS WHO HAVE DISENGAGED FROM TRADITIONAL SCHOOLING. LEADS INNOVATIVE MODEL RE-ENGAGES YOUNG PEOPLE VIA ACTIVE PARTICIPATION IN RIGOROUS AND RELEVANT CONTENT AND STANDARDS-DRIVEN, COMPETENCY-BASED INSTRUCTION ALIGNED WITH EMERGING MARKET DEMANDS. IN PROGRAM YEAR 2021, LEAD SERVED 303 STUDENTS AND SUPPORTED MORE THAN 60 STUDENTS COMPLETION TO EARN THEIR NJ HIGH SCHOOL DIPLOMA. ADDITIONALLY, STUDENTS AND STAFF HAVE SLOWLY BEGAN TO RETURN FROM THE PANDEMIC.
U.S. DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING ADMINISTRATION (YOUTHBUILD) AGENCY'S CORE PROGRAM. SERVICES ARE AVAILABLE TO OPPORTUNITY YOUTH AGED 16-24. PROGRAMMATIC OBJECTIVES INCLUDE: RE-ENGAGING STUDENTS WHO HAVE DROPPED OUT OF SCHOOL AND/OR WHO'S LEVEL OF DISENGAGEMENT MAKE THEM HIGHLY AT-RISK FOR ACADEMIC AND SOCIAL FAILURE, PROVIDING WORKFORCE SKILLS AND VOCATIONAL TRAINING, AND PRIORITIZING COMMUNITY SERVICE AS A MEANS TO ACHIEVE COMMUNITY REVITALIZATION. FOR THE PROGRAM YEAR 2020-2021, THE AGENCY HAS PARTICIPATED IN THE SUBSTANTIAL REHABILITATION OF TWO (2) UNITS OF LOW-INCOME HOUSING UNITS. STUDENTS AND STAFF HAVE SLOWLY BEGAN TO RETURN FROM THE PANDEMIC.
CONSTRUCTION SERVICES - THE CONSTRUCTION PROGRAM IS AN EXTENSION OF THE EDUCATIONAL AND JOB TRAINING PROGRAM WHEREIN THE NOYN PARTICIPANTS ARE ENGAGED IN THE CONSTRUCTION OF LOW-INCOME HOUSING AND OBTAIN HANDS ON TRAINING AND INSTRUCTION. SOME OF THE CONSTRUCTION SERVICES PROVIDED GENERATE REVENUE FOR THE AGENCY THAT IS REINVESTED IN ITS PROGRAMMING. IN THE 2021 PROGRAM YEAR YOUNG PEOPLE WORKING ON MORE THAN TWO ACTIVE CONSTRUCTION SITES SUPPORTING THE COMPLETION OF ONE. DUE TO THE PANDEMIC, CONSTRUCTION PROGRAM PROGRESS HAS BEEN LIMITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Clark CEO | Officer | 35 | $250,000 |
Jasmin Forman-Joseph Chief Prog.officer | 35 | $116,407 | |
Shabani Stewart Mgr. Dir Of Curric | 40 | $101,430 | |
Dowayne Davis COO | Officer | 35 | $76,556 |
Leonard Murray Board President | OfficerTrustee | 1 | $0 |
Craig Drinkard Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dlcj Construction Construction | 6/29/20 | $138,100 |
Dlcj Construction Construction | 6/29/20 | $138,100 |
Steven M Greenberg Esq Legal | 6/29/20 | $150,000 |
Steven M Greenberg Esq Legal | 6/29/20 | $150,000 |
Smith Boys Home Improvements Llc Construction | 6/29/20 | $147,250 |
Smith Boys Home Improvements Llc Construction | 6/29/20 | $147,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $885,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,571,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,457,266 |
| Total Program Service Revenue | $1,584,286 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $7,058,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $391,575 |
| Compensation of current officers, directors, key employees. | $21,953 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $830,993 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,173 |
| Payroll taxes | $104,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,807 |
| Fees for services: Accounting | $33,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $652,576 |
| Advertising and promotion | $0 |
| Office expenses | $291,331 |
| Information technology | $72,068 |
| Royalties | $0 |
| Occupancy | $694,999 |
| Travel | $58,181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,181 |
| Interest | $190,808 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,213 |
| Insurance | $52,150 |
| All other expenses | $0 |
| Total functional expenses | $3,843,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $999,335 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,464,694 |
| 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 | $20,440 |
| Net Land, buildings, and equipment | $4,758,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,674 |
| Total assets | $8,371,396 |
| Accounts payable and accrued expenses | $263,078 |
| Grants payable | $0 |
| Deferred revenue | $21,122 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,734,447 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $163,750 |
| Total liabilities | $4,182,397 |
| Net assets without donor restrictions | $1,292,092 |
| Net assets with donor restrictions | $2,896,907 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,371,396 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Youthbuild Newark has recieved totaling $2,324,066.
| Awarding Organization | Amount |
|---|---|
Prudential Foundation Inc Newark, NJ PURPOSE: SCALING AND SETTING THE STAGE FOR SYSTEMS CHANGE IN NEW JERSEY | $1,100,000 |
Victoria Foundation Inc Newark, NJ PURPOSE: RENEWAL: NEWARK PROGRAMMING | $600,000 |
The Aspen Institute Inc Washington, DC PURPOSE: BUILDING ECOSYSTEMS FOR YOUTH OPPORTUNITY ACCELERATOR GRANT | $300,000 |
Victoria Foundation Inc Newark, NJ PURPOSE: TO SUPPORT GENERAL OPERATING PURPOSES | $200,000 |
New Schools Fund Oakland, CA PURPOSE: INNOVATIVE SCHOOLS | $75,000 |
Youthbuild Usa Inc Roxbury, MA PURPOSE: TO CREATE A SOLID MENTORING COMPONENT IN YOUTHBUILD PROGRAMS.TO SUPPORT BUIL | $49,057 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |
Youthbuild Newark Newark, NJ | $8,371,396 | $7,058,437 |
Man Up Inc Brooklyn, NY | $3,303,421 | $3,938,909 |