BELIEVE IN NEWARK FOUNDATION INC (EIN 471391494) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

ANDRE HOLLIS

Phone

9736488642

Tax Period

2018-01-01 to 2018-12-31

BELIEVE IN NEWARK FOUNDATION INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $173K in total revenue in fiscal year 2018. Expenses of $167K left a modest 3% surplus.

Mission

THE BELIEVE IN NEWARK FOUNDATION, INC SERVES AS A VEHICLE TO PROVIDE RESOURCES, TECHNICAL ASSISTANCE AND FOSTER GREATER GIVING TO SUPPORT THE NONPROFIT COMMUNITY AND SPECIFICALLY THE RESIDENTS OF THE CITY OF NEWARK THROUGH SOCIAL, RECREATIONAL, CULTURAL AND EDUC. ADVANCEMENT

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $141,425

Program Service Revenue $31,550

Investment Income $0

Other Revenue $0

TOTAL REVENUE $172,975

Expense Breakdown

Grants Paid $86,195

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,657

Other Expenses $80,858

TOTAL EXPENSES $167,053

Year-over-Year Comparison

	2018	2017	Change
Revenue	$172,975	$161,731	+0.1%
Expenses	$167,053	$242,159	-0.3%
Net Income	$5,922	$-80,428	-1.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDRE HOLLIS	PRESIDENT	10.00	Officer Director	$0	$0	$0
RICHARD CAMMARIERI	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SHARON MIDDLETON	TREASURER	10.00	Officer Director	$0	$0	$0
NANCY DARLENE CRAWFORD	SECRETARY	10.00	Officer 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
2018	$172,975	$167,053	$14,768	$5,922

BELIEVE IN NEWARK FOUNDATION INC