NEWARK MENTORING MOVEMENT

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

RONALD PIERVINCENZI

Phone

9732862472

Tax Period

2021-01-01 to 2021-12-31

NEWARK MENTORING MOVEMENT, founded in 2012, is a small nonprofit that reported $427K in total revenue in fiscal year 2021. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 23% operating margin.

Mission

THE NEWARK MENTORING MOVEMENT CONNECTS INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES TO EXISTING MENTORING PROGRAMS AND ENHANCING THAT WORK THROUGH SUSTAINED PARTNERSHIPS. THE NEWARK MENTORING MOVEMENT STRIVES TO HAVE AN EXPONENTIAL IMPACT ON NEWARK'S YOUTH.

Program Service Accomplishments

Program 1

Expenses: $194,121 Revenue: $109,887

MATCHING INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES WITH MENTORING PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $316,874

Program Service Revenue $109,887

Investment Income $0

Other Revenue $0

TOTAL REVENUE $426,761

Expense Breakdown

Grants Paid $10,400

Salaries & Benefits $158,042

Fundraising Expenses $74,102

Program Expenses $194,121

Other Expenses $160,159

TOTAL EXPENSES $328,601

Year-over-Year Comparison

	2021	2020	Change
Revenue	$426,761	$188,044	+1.3%
Expenses	$328,601	$214,842	+0.5%
Net Income	$98,160	$-26,798	-4.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$105,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS OWENS	EX. DIRECTOR	35.00	Officer	$105,000	$0	$105,000
DAVID HOOD	DIRECTOR	2.00	Director	$0	$0	$0
RONALD PIERVINCENZI	CHAIRMAN	5.00	Officer Director	$0	$0	$0
LEEANN CARLSON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ROSE CALI	SECRETARY	5.00	Officer Director	$0	$0	$0
LISA BANKER	TREASURER	5.00	Officer Director	$0	$0	$0
BRAD VAIANA	DIRECTOR	2.00	Director	$0	$0	$0
PRESTON PINKET III	DIRECTOR	2.00	Director	$0	$0	$0
AARON TURNER	DIRECTOR	2.00	Director	$0	$0	$0
BARI MATTES	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$426,761	$328,601	$141,588	$98,160
2020	$188,044	$214,842	$80,270	$-26,798
2019	$189,639	$141,910	$70,521	$47,729
2018	$203,879	$254,968	$22,792	$-51,089