Public Charity

Newark Alliance INC

Newark Alliance INC is a private foundation categorized as Public Charity based in Newark, NJ. Its most recent IRS filing (2024) reports revenue of $7.9M, expenses of $5.6M, total assets of $8.7M. Imperigo tracks 7 reported grants from this foundation totaling approximately $343K.

EIN: 223664305 Newark, NJ Fund Raising & Fund Distribution NTEE: T12 Latest filing: 2024
Total Revenue$7.9M
Total Expenses$5.6M
Total Assets$8.7M
Grants Given7
Grant Total$343K
Filing Years2019–2024

Mission

TO WORK IN PARTNERSHIP TO MAKE NEWARK A BETTER, SAFER PLACE TO WORK, LIVE, LEARN, PLAY, AND DO BUSINESS.

Where $100 goes at Newark Alliance INC

How Newark Alliance INC divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$22
Newark YOUTH CAREER PATHWAYS
31% of program spending
$18
Hire,Buy,Live Newark
25% of program spending
$16
Business Attraction Program
23% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Adenah Bayoh
Trustee Arcelio Aponte
DIRECTOR Ashley Mays
DIRECTOR Catherine Klinger Kutcher
Trustee Christopher James
Trustee Dennis M Bone

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$317,780 6 grants
Education
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $7.9M $5.6M $8.7M
2023 $4.7M $4.4M $6.1M
2022 $4.2M $2.9M $5.7M
2020 $3.2M $2.5M $3.8M
2019 $3.2M $2.1M $2.8M

Between 2019 and 2024, reported annual revenue grew from $3.2M to $7.9M (+145%), with total assets most recently reported at $8.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Newark Alliance INC

Complete financials, all 7 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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