Overview
What is Newark Mentoring Movement?
The Newark Mentoring Movement is a nonprofit organization situated in Newark, New Jersey, specifically at 60 PARK PLACE NO 601. Their primary mission is to bridge individuals, organizations, and communities with existing mentoring programs. By fostering these connections, they aim to enhance the impact of these programs on Newark's youth. With a team of five dedicated individuals, the Newark Mentoring Movement strives to have an exponential impact on the city's youth through sustained partnerships.
Official website here: www.newarkmentoring.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Newark Mentoring Movement has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with strong policies in place for conflict of interest, whistleblowing, and document retention, there are significant weaknesses in its financial transparency and performance metrics.
The charity scored poorly in program expense ratios, allocating only 46.52% of its expenses directly to programs, which raises questions about the effectiveness of its operations. Additionally, the organization has a concerning liabilities to assets ratio of 0.00%, reflecting potential financial instability. Moreover, the absence of its tax form on its website, despite being required to post it, detracts from its overall transparency.
While the Newark Mentoring Movement has established strong governance frameworks, its financial management and program efficiency need substantial improvement to enhance its rating and ensure that it is effectively serving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Newark Mentoring Movement?
96% of 15 reviewers on Facebook recommend Newark Mentoring Movement. Here is a summary of their reviews:
The organization is highly regarded for its impactful work, with many highlighting the exceptional leadership of individuals like Elizabeth. Reviewers express appreciation for the positive influence the nonprofit has in the community, pointing to the effectiveness of their mentoring programs. The enthusiasm in the comments reflects a strong belief in the organization's mission and a desire for it to continue its valuable contributions.
Overall, the sentiment towards Newark Mentoring Movement is overwhelmingly positive, with users feeling inspired and motivated by the services provided and the dedication shown by its staff.
This AI summary has been generated from reviews found on Facebook.
Is Newark Mentoring Movement legitimate?
Newark Mentoring Movement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Mentoring Movement submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $109,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,952
For more financial information, click here
Official website here: www.newarkmentoring.org
What is the mission statement of Newark Mentoring Movement?
The Newark Mentoring Movement's mission is to connect individuals, organizations, and communities with existing mentoring programs and enhance this work through sustained partnerships. Their goal is to have a significant impact on the city's youth, striving for exponential growth in this area. The organization facilitates matching individuals, organizations, and communities with appropriate mentoring programs to support their growth and development.
Official website here: www.newarkmentoring.org
Who is the CEO of Newark Mentoring Movement?
Ronald Piervincenzi is the Director of Newark Mentoring Movement.
Official website here: www.newarkmentoring.org
What is the revenue of Newark Mentoring Movement?
Newark Mentoring Movement's revenue in 2020 was $188,044.
Official website here: www.newarkmentoring.org
Who are the executives of Newark Mentoring Movement and what are their salaries?
The average compensation at Newark Mentoring Movement during 2020 was $25,598. There are 5 employees and 10 volunteers at Newark Mentoring Movement.
Here are 10 key members and their salaries:
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Official website here: www.newarkmentoring.org
Where can I find the form 990 for Newark Mentoring Movement?
Newark Mentoring Movement's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.newarkmentoring.org
Learn more at the official website: www.newarkmentoring.org
Mission Statement of Newark Mentoring Movement
The Newark Mentoring Movement is an organization dedicated to connecting individuals, organizations, and communities with existing mentoring programs. Their mission is to enhance the impact of these programs through sustained partnerships, aiming for an exponential effect on Newark's youth. By serving as a bridge between mentors and mentees, the Newark Mentoring Movement strives to make a significant difference in the lives of young people in the community.
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Impact
October, 2024
The Newark Mentoring Movement has a significant impact on the community by facilitating connections between individuals, organizations, and mentoring programs. By matching various stakeholders with existing mentoring initiatives, it enhances the capacity and reach of these programs, ultimately benefiting Newark's youth. Through sustained partnerships, the movement aims to amplify the support and resources available to young people, fostering their personal and educational growth. This approach not only strengthens the mentoring landscape in Newark but also cultivates a culture of mentorship that can lead to transformative changes in the lives of young individuals and the broader community.
This information is meant to be a general summary of Newark Mentoring Movement. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $216,945
Assets and Liabilities:
- Total Assets: $80,270
- Total Liabilities: $36,547
- Net Assets: $43,723
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Organization Details
Founding Year
2012
Phone
(973) 286-2472Principal Officer
Ronald Piervincenzi
Main Address
60 PARK PLACE NO 601, NEWARK, NJ, 07102
Website
www.newarkmentoring.orgNTEE Category
Code: T50 - Philanthropy
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