Overview

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Est.

2005

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

YouthBuild Newark Inc is a nonprofit organization focused on youth organizing, dedicated to harnessing the intelligence and positive energy of low-income young people to rebuild their community and their lives. With an operating budget of $6.2 million and total revenue of $5.7 million for the 2024 filing year, the organization relies on multiple funders and does not depend on a single source for more than 50% of its revenue. For more information, visit their website at youthbuildnewarknj.org.

Mission Statement

TO HARNESS THE INTELLIGENCE AND POSITIVE ENERGY OF LOW-INCOME YOUNG PEOPLE TO REBUILD THEIR COMMUNITY AND THEIR LIVES.
Revenues
$5.7M
Expenses
$6.2M
Net Income:
-$572.5K
Assets
$10.2M
Liabilities
$5.2M
Net Assets:
+$5M
Operating Budget
$6.2M
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
12
Median grant size
$93.8K
Largest grant received
$800K
R
Robert Clark
Board Member
E
Edwin Farah
Board Member
A
Allie Zamfir
Board Member

Frequently Asked Questions

What is YouthBuild Newark Inc’s budget?
In 2024, YouthBuild Newark Inc reported an annual operating budget of around $6.2 million. More detailed financial information is available to registered users.
What causes does YouthBuild Newark Inc support?
YouthBuild Newark Inc supports work in Youth organizing.
Where does YouthBuild Newark Inc operate?
YouthBuild Newark Inc is headquartered in Newark, NJ.
Who funded YouthBuild Newark Inc recently?
In 2024, YouthBuild Newark Inc received grants from THE PRUDENTIAL FOUNDATION, CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND, and SOUTH WARD ALLIANCE. More information on this organization’s funders is available to registered users.
What is the largest grant YouthBuild Newark Inc received in 2024?
The largest grant to YouthBuild Newark Inc in 2024 exceeds $800 thousand.
What is YouthBuild Newark Inc’s reliance on government grants?
YouthBuild Newark Inc relied on government grants for more than 10% of their total revenue in 2024.