Newark Alliance INC logo

Newark Alliance INC

Foundation · Grantmaker Newark, NJ EIN: 22-3664305 Website

To work in partnership to make newark a better, safer place to work, live, learn, play, and do business.

Key facts about Newark Alliance INC

EIN
22-3664305
Latest 990 filing
Form 990 filing, 2024
Total assets
$8,708,782

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$8.7M

+43.9% YoY

Revenue

$7.9M

+69.3% YoY

Net Investment Income

$206K

+510.3% YoY

Expenses

$5.6M

+28.7% YoY

About Newark Alliance INC

Based on IRS filings

Newark Alliance INC is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Newark, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. Net investment income was $206K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Newark

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K2 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M20202021202220232024
Metric202420232022
Total Assets$8,708,782$6,051,783$5,683,238
Revenue$7,916,835$4,675,224$4,232,490
Expenses$5,598,491$4,351,314$2,929,765
Qualifying Distributions———
Net Investment Income$206,014$33,755$2,647
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Newark Alliance INC is led by Evan Weiss, President & CFO since 2023 (on filings since 2022); 6 of 15 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Evan Weiss

    President & CFO

    President & CEO → President & CFO, 2023

    On filings since 2022

    40 hrs/week

    $249K (2022) → $288K (2024)

  • Lata Reddy

    Chairman

    Chair - Board Member → Chairman, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sibusisiwe Malaba

    Director

    Director - Newark Anchor Coll. → Director, 2021

    On filings since 2020

    40 hrs/week

    $112K (2020) → $164K (2024)

  • Kaleena Berryman

    Director

    On filings since 2022

    40 hrs/week

    $124K (2022) → $179K (2024)

  • Ashley Mays

    Director

    On filings since 2023

    40 hrs/week

    $195K (2023) → $208K (2024)

  • Catherine Klinger Kutcher

    Director

    New on the 2024 filing

    40 hrs/week

    $145K (2024)

  • Dennis M. Bone

    Trustee

    Board Member → Trustee, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • John Schreiber

    Trustee

    Board Member → Trustee, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Richard Dunn

    Trustee

    Board Member → Trustee, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Suzanne Spero

    Trustee

    Board Member → Trustee, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Adenah Bayoh

    Trustee

    Boar Member → Trustee, 2024

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Christopher James

    Trustee

    Board Member → Trustee, 2024

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Arcelio Aponte

    Trustee

    New on the 2024 filing

    3 hrs/week

    No compensation reported

  • Nemin Jaya

    Trustee

    New on the 2024 filing

    3 hrs/week

    No compensation reported

  • Kimberly Brown

    New on the 2024 filing

    40 hrs/week

    $106K (2024)

Former officers (7)
  • Former: Nancy Cantor (2023) — Board Member
  • Former: abhinav mathur (2020–2022) — Board Member
  • Former: Della Walker Jr. (2020–2022) — Director
  • Former: Kaili Sanderson (2021–2022) — Director
  • Former: Alisha Glover (2020) — President & CEO
  • Former: Chiagorom Osu (2020) — Senior Vice President of Economic Development
  • Former: Michellene Davis (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Evan Weiss — President/CFO: $288KEvan WeissPresident/CFO$288KAshley Mays — Director: $208KAshley MaysDirector$208KKaleena Berryman — Director: $179KKaleena BerrymanDirector$179KSibusisiwe Malaba — Director: $164KSibusisiwe MalabaDirector$164KCatherine Klinger Kutcher — Director: $145KCatherine Klinger…Director$145KKimberly Brown: $106KKimberly Brown$106K

Frequently asked questions about Newark Alliance INC

How large is Newark Alliance INC?

Newark Alliance INC reported $8.7M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $7.9M.

What is Newark Alliance INC?

Newark Alliance INC is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Newark, NJ. It holds $8.7M in total assets as of 2024.

Where does Newark Alliance INC operate?

Newark Alliance INC has awarded grants in New Jersey.

What is Newark Alliance INC's EIN?

Newark Alliance INC's EIN (Employer Identification Number) is 22-3664305. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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