Overview

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Est.

1774

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEWARK ACADEMY is an independent elementary and secondary education nonprofit focused on preparing thoughtful, compassionate citizens who act as ethical, intellectual, and civic stewards in the global environment. In filing year 2025, it reported an operating budget of $37.4M and total revenue of $45.7M, with major support from THE Z S & M WILF FOUNDATION INC, PETRELLO FAMILY FOUNDATION, and THE MALONE FAMILY FOUNDATION.

Mission Statement

NEWARK ACADEMY WILL CONTRIBUTE TO SOCIETY THOUGHTFUL & COMPASSIONATE CITIZENS WHO EMBRACE THEIR RESPONSIBILITIES AS ETHICAL, INTELLECTUAL & CIVIC STEWARDS IN THE GLOBAL ENVIRONMENT.
Revenues
$44.4M
Expenses
$39.6M
Net Income:
+$4.8M
Assets
$123.7M
Liabilities
$14M
Net Assets:
+$109.7M
Operating Budget
$35.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
30
Median grant size
$13.9K
Largest grant received
$413.3K
D
Donald M Austin
Board Member
M
Marika Alzadon
Board Member
D
David Castelblanco
Board Member
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  • 80 funders
  • 91 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is NEWARK ACADEMY’s budget?
In 2024, NEWARK ACADEMY reported an annual operating budget of around $35.6 million. More detailed financial information is available to registered users.
What causes does NEWARK ACADEMY support?
NEWARK ACADEMY supports work in Elementary and secondary education and Elementary education.
Where does NEWARK ACADEMY operate?
NEWARK ACADEMY is headquartered in Livingston, NJ.
Who funded NEWARK ACADEMY recently?
In 2025, NEWARK ACADEMY received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and CLAPP G H DECD CHAR AND ED TR. More information on this organization’s funders is available to registered users.
What is the largest grant NEWARK ACADEMY received in 2024?
The largest grant to NEWARK ACADEMY in 2024 exceeds $413 thousand.