NEWARK MENTORING MOVEMENT

EIN: 455092471 501(c)(3)

NEWARK, NJ

Total Revenue
$426,761
Total Expenses
$328,601
Total Assets
$141,588
Net Assets
$141,588
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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
NJ
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

TO CONNECT INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES TO EXISTING 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%)

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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

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
9

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
5
$105,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
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
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