New Brunswick Tomorrow

Nonprofit profile at a glance

EIN
510137783
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New Brunswick, NJ, USA
Phone
7322460603
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$2,090,504
Expenses
$2,039,570
Assets
$6,507,447
Liabilities
$2,467,905

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • Jaymie Santiago (President)

Highest reported compensation

  • Jaymie Santiago (President): $202,117 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through a shared value of community and partnership, we bring diverse interest to the table to inspire people and mobilize resources to strengthen our community. Working side-by-side with committed partners, we focus on setting goals, turning goals into plans, and plans into action, ultimately helping residents improve their quality of life. To do this work, we foster partnerships with institutions and community organizations that promote upward economic mobility, self-sufficiency and personal dignity for all. Nbt serves as a catalyst in developing and supporting solutions that strengthen our community by: 1) identifing social needs, driven by both data and the community's insights; 2) bringing people and resources together, inspiring action and accountability; 3) collaboratively devising solutions, leading social change citywide; and, 4) building capacity to maintain meaningful community impact. To realize this, nbt utilizes task forces as vehicles for convening partners committed to

What it reported doing in 2024

Through the neighborhood task force activities, nbt fosters connections among neighborhood residents and local business owners, building a social infrastructure to identify concerns and effectively advance solutions that maximize neighborhood potential. A primary program area is the esperanza neighborhood project - a comprehensive neighborhood improvement and revitalization initiative focused on a 57-block area of new brunswick, and the centerpiece of nbt's neighborhood development strategy. Esperanza works with community residents, business people, stakeholders, and collaborating organizations to advance solutions that maximize neighborhood potential, particularly in the areas of neighborhood conditions, economic opportunity, housing, and family services. Through this task force, nbt develops and implements a multi-pronged strategy for families seeking to achieve upward economic mobility, and an improved living environment. In 2025, nbt started planning a new neighborhood development project, livingston avenue south, taking learnings from our success into another community, which currently has no active community development efforts. As the states newest hud certified agency, we provide hounsing counseling to aspiring homeowners and last year, distributed over $150,000 in down payment assistance for first time homeowners. And for local businesses, we have supported new and established entrepreneurs with approximately $225,000 in small business grants, business coaching, finacial literacy, and other supports. Nbt's work in neighborhoods aims to support our community in long-term, resident-driven neighborhood revitalization.

Operating model

Revenue model
Grant-funded. 65% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 91.4%; rating input score 91
  • Fundraising efficiency: $35.66 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 58.8%; rating input score 59; 17th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.4%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 3.19; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 91.4% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $202K · 15 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $612K reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 8 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Transparency & Controls: Grant itemization coverage scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.