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Trustees of Newark Academy

Trustees of Newark Academy

Livingston, NJ
Tax ID22-1487270

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$32,802,512

Expenses

$27,325,198

Mission

Newark Academy will contribute to society thoughtful and compassionate thoughtful & compassionate citizens who embrace their responsibilities as ethical, intellectual & civic stewards in the global environment.

About

Newark Academy (the 'Academy') is an independent school located in Livingston, NJ that offers an academically rigorous college preparatory program to a student body composed of diverse, multi-cultural, international group of young people. Tuition represents the Academy's primary source of revenue.

Interesting data from their 2019 990 filing

The filing specifies the mission of the non-profit as “Newark academy will contribute to society thoughtful and compassionate citizens who embrace their responsibilities as ethical, intellectual and civic stewards in the global environment.”.

When explaining its duties, they were described as: “Newark academy will contribute to society thoughtful and compassionate thoughtful & compassionate citizens who embrace their responsibilities as ethical, intellectual & civic stewards in the global environment.”.

  • The state in which the non-profit is authorized to operate legally is NJ.
  • According to the filing, the address of the non-profit for the year 2019 is 91 south orange avenue, livingston, NJ, 07039.
  • The non-profit has reported 274 employees on their form for the year 2019.
  • The non-profit has loans as of 2019.
  • Does not operate a hospital.
  • Operates a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $5,477,314.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • The organization was formed in 1774.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $15,712,777 in salary, compensation, and benefits to its employees.
  • The organization pays $813,723 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.