Overview

Sign up for

Est.

1999

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Newark Alliance INC is a nonprofit organization focused on philanthropy, dedicated to improving Newark by fostering a safer environment for residents to work, live, learn, play, and conduct business. With an operating budget of $4.4 million and total revenue of $7.9 million for the 2024 filing year, the organization benefits from substantial funding from various sources. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission. For more information, visit their website at https://www.newark-alliance.org/.

Mission Statement

TO WORK IN PARTNERSHIP TO MAKE NEWARK A BETTER, SAFER PLACE TO WORK, LIVE, LEARN, PLAY, AND DO BUSINESS.
Revenues
$7.9M
Expenses
$5.6M
Net Income:
+$2.3M
Assets
$8.7M
Liabilities
$2M
Net Assets:
+$6.7M
Operating Budget
$4.4M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
16
Median grant size
$70.1K
Largest grant received
$800K
A
Ashley Mays
Board Member
K
Kaleena Berryman
Board Member
S
Sibusisiwe Malaba
Board Member

Frequently Asked Questions

What is Newark Alliance INC’s budget?
In 2024, Newark Alliance INC reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does Newark Alliance INC support?
Newark Alliance INC supports work in Philanthropy.
Where does Newark Alliance INC operate?
Newark Alliance INC is headquartered in Newark, NJ.
Who funded Newark Alliance INC recently?
In 2025, Newark Alliance INC received grants from Tom Russell Charitable Foundation Inc, THE PRUDENTIAL FOUNDATION, and THE AYCO CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Newark Alliance INC received in 2024?
The largest grant to Newark Alliance INC in 2024 exceeds $800 thousand.
What is Newark Alliance INC’s reliance on government grants?
Newark Alliance INC relied on government grants for more than 25% of their total revenue in 2024.