Small Public Charity

Newark Trust for Education Inc

Newark Trust for Education Inc, of Newark, NJ, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $138K in revenue, $376K in expenses. 16 publicly reported grants to this organization, totaling roughly $5.0M, appear in IRS filings.

EIN: 383663314 Newark, NJ Latest filing: 2025
Total Revenue$138K
Total Expenses$376K
Grant Records16
Funding Total$5.0M
Filing Years2021–2025

Mission

Newark Trust for Education, Inc. (the "Trust") was incorporated in the state of New Jersey as a not-for profit organization on August 23, 2002. Effective December 12, 2011, the organization registered a legal name change from Newark Public Schools Foundation, Inc. to Newark Trust for Education, Inc. The Trust is an independent non-profit dedicated to coordinating and focusing ideas, people, and resources on the efficient and effective delivery of a quality public education to all children in Newark; and to creating broad and shared accountability for student success across multiple stakeholders. The Trust envisions a public education infrastructure that leverages the wide array of opportunities available to the young people of Newark, effectively creating positive conditions for learning that help young people meet rigorous academic outcomes, develop strong socio-emotional skills, and have access to high-quality post-secondary options.

Where $100 goes at Newark Trust for Education Inc

How Newark Trust for Education Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$74 Programs the work itself
$26 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $74 for programs

$74
The Trust is an independent non-profit dedicated to coordinating and focusing ideas, people, and resources on the efficient and effective delivery of a quality public education to all…
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
NEWARK NONPROFIT CAPACITY ACCELERATOR TO STRENGTHEN THE CAPACITY OF INTERMEDIARY ORGANIZATIONS
$50,000
2023
PRUDENTIAL NEWARK NONPROFIT CAPACITY ACCELERATOR PROGRAM
$37,000
2022
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
$112,500
2021
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
$112,500
2021
General charitable purposes
$100,000

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

Co-Chair/Secretary/Board Mem. Celia M King
Board Member Dr Charles Payne
Board Member Dr Jacqueline Cusack
Board Member Jennifer Tsukayama
Treasurer/Board Member Kyle Rosenkrans
Board Member Peter T Rosario

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,253,435 7 grants
Education
$617,000 6 grants
Unspecified
$126,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $138K $376K —
2024 $222K $478K $291K
2023 $717K $1.6M $669K
2022 $643K $1.9M $1.5M
2021 $1.4M $2.8M $2.9M

Between 2021 and 2025, reported annual revenue declined from $1.4M to $138K (-90%).

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

See the full picture for Newark Trust for Education Inc

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