CSCharityScored
90

Trustees Of Newark Academy

Education · Livingston, New Jersey

91 S Orange Ave, Livingston, NJ 07039-4901

EIN: 221487270· Founded: Feb 1938· 88 years active· Filing Year: 2023

Annual Revenue

$40.0M

Total Expenses

$36.6M

Total Assets

$113.1M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$624K

1.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$14.8M

Total Payroll

$15.4M

42% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 42%
Other overhead: 5%
Program Revenue$34.9M (87%)
Total Expenses$36.6M (91%)
Payroll$15.4M (42%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$40.0M annual revenue

15%

Executive Compensation

$624K total officer comp (1.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$113.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.