Newark Yoga Movement Inc

Nonprofit profile at a glance

EIN
270280203
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Millburn, NJ, USA
Phone
9177480989
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Physical Fitness and Community Recreational Facilities

Official website

Reported finances

Revenue
$66,510
Expenses
$46,898
Assets
$128,273
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • DEBRA KAMINSKY (PRESIDENT)
  • HOWARD KAMINSKY (VICE-PRESIDENT/TREASURER)

People named in this filing

  • LISA SORENSON (BOARD MEMBER)
  • ROBERT FOTTLER (BOARD MEMBER)
  • DARLENE GEARHART (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Sharing tools with children and all who are connected with children, newark yoga movement (nym) enhances the educational experience and provides easy access to increased peacefulness, focus and confidence as a complementary source of discipline and structure for all. Nym meets every child where they are, bringing them life skills through the practice of yoga, breathing and centering at their schools and in their communities.

What it reported doing in 2024

Newark yoga movement (nym) has serviced over 40 schools in newark, nj over the last sixteen years in grades pre-k through 12th serving over 43,000 children. Dosage (frequency of yoga and time per class) varies based on school needs and age of children. All levels of children receive yoga - from tier 1 and tier 2 children (having many behavioral needs) to children having special needs, athletes and more. Outcomes: over and over students reduce their anxiety and stress and learn how to handle situations differently. Note that in an urban environment, it is often two steps forward, one step back. For example, many children live on a stage of chaos, single household, guardian, parent in jail, drugs, shootings. It's a lot so if one is angry, the behavior often seen at home is violent. In school, when they learn yoga, they see they can shift anger using breath and that takes time. Our program continues with a top newark high school where we teach 1200 students including teaching yoga for athletes and self-care for the staff. Students cannot believe how yoga helped them reduce anxiety and find calm and a bit of pause, even the students at schools where behavior is challenging. Further, walking through elementary schools where there was previously poor behavior, has shifted to quiet hallways and good student behavior in the classroom. The head of schools for one of our programs noted that students mentioned to her that they are using these techniques before testing and to calm down. Link community charter school lead maria paradiso said "students in particular need these opportunities to stop and focus on their own well-being. I would encourage all school leaders to figure out how to bring these tools into your school."staff yoga/staff development sessions with schools: educators continue to be stressed out and whenever we can, we offer staff self-care. As we completed our 15th year, we served over 6,000 educators in self-care programs. The nboe virtual twice a month self-care for educators, ended june 2024 as their grant ran out, hence a decline in important staff development.facebook live classes: community yoga remains popular and free to all participants both in person and online that started during covid. Nym does not charge for any of these classes, although we softly ask for donations. This also includes pre-natal yoga given in-person in the community of which programming fee charged to the facility.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.5%; rating input score 69
  • Program expense ratio: 97.2%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 29.5%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 2.74; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 13.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 68.5% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Sustainability: Officer compensation ratio scored 9/100.