SCommunity Improvement & Capacity BuildingEIN: 202247312· Ruling Year: 2007

Greater Newark Enterprises Corporation

Newark, New Jersey

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$1.6M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$4.2M
Net Assets
📋
$856K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-30.3%
Year-over-year change (2022 → 2023)
Net Margin
-9.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.36
Net assets divided by total expenses
Liabilities-to-Assets
16.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,635,46130%$1,793,17424%$5,090,5031%
2022$2,347,64818%$1,442,46668%$5,136,04134%
2021$2,856,52182%$856,67434%$3,825,009100%
2020$1,569,077241%$637,3443%$1,909,952121%
2019$459,54744%$616,036$865,49817%
2018$816,6991%$613,29422%$1,044,79818%
2017$808,61544%$504,4778%$1,266,89124%
2016$560,5283%$549,1469%$1,018,9104%
2015$542,0621%$503,78415%$1,066,396
2014$537,4298%$591,2965%$1,070,0456%
2013$499,84223%$562,4952%$1,006,1287%
2012$645,25434%$572,62441%$1,079,65799%
2011$479,784$406,414$541,663

Frequently Asked Questions

What does Greater Newark Enterprises Corporation do?

Greater Newark Enterprises Corporation is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greater Newark Enterprises Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Greater Newark Enterprises Corporation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Greater Newark Enterprises Corporation generate?

Greater Newark Enterprises Corporation reports $2.9M in annual revenue and holds $7.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in New Jersey.