Mission
The Newark Workforce Development Board (NWDB) is a government agency and 501c-3 non-profit organization dedicated to enhancing the workforce system in Newark. By connecting education and job training services with the needs of local businesses, the NWDB aims to foster economic growth and job readiness in the community, under the guidance of Mayor Ras J. Baraka’s Office of Workforce Development.
Basic Information
Founded in
2002
EIN
22-3784963
Total Assets
$1.193 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Women in Trades: Speakers Series
A series designed to boost opportunities for women in the trades through networking and education.
NewarkWOW (Workforce on Wheels)
A mobile extension of workforce services providing job training and placement assistance throughout Newark.
Supportive Services
Assistance programs for housing, utilities, and employment training to support individuals and families.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
62
54
/100
Program Expense Ratio
90.80%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.119
18
/20
Working Capital Ratio
1.148
12
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.242M | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 1.242M | 100.00% |
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