2025-06-30T05:47:14-07:00 2023-12-31 990 2023-01-01 854244672 THE NETHERWOOD ACADEMY INC NETH 9082796025 912 SOUTH AVE PLAINFIELD NJ 07062 XAVIER vELASTEGUI BOOKKEEPER 9085319174 2025-06-30 1 2023 2025-03-06 01:10:19Z THE NETHERWOOD ACADEMY INC 912 SOUTH AVE PLAINFIELD NJ 07062 1390325 0 X https://www.thenetherwoodacademy.com/ X 2020 NJ TO CREATE AN ATTRACTIVE AND ENJOYABLE ENVIRONMENT FOR OUR STUDENTS TO LEARN AND GROW SOCIALLY, PHYSICALLY, AND MENTALLY . THE NETHERWOOD ACADEMY WILL SEEK QUALIFIED AND CAPABLE STAFF WHO WILL BE DEVOTED TO THE NEEDS OF OUR STUDENTS , AND WHO WILL CONTRIBUTE SIGNIFICANTLY TO THE ACHIEVEMENTS OF ALL OUR STUDENTS 1 1 0 0 0 0 1310720 1390325 0 0 0 1310720 1390325 0 0 669129 848742 0 0 535589 464583 1204718 1313325 106002 77000 113716 190716 0 0 113716 190716 SEE SCHEDULE O 0 0 1313325 0 TO PROVIDE STUDENTS WITH ACCESS TO HIGH TO HIGH QUALITY EDUCATION. MONIES WERE USED TO PROVIDE CLASSROOMS WITH NEEDED SUPPLIES. TEACHERS WERE PROVIDED WITH ON-GOING PROFESSIONAL DEVELOPMENT AND RESOURCES TO FULLY EXCUTE THEIR POSITIONS IN THE CLASSROOM. FAMILIES WERE GIVEN RESOURCES AND SUPPLIES NEEDED TO HELP THEM OUTSIDE OF SCHOOL. 0 0 0 1313325 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 NJ X X XAVIER VELASTEGUI 9082793653 912 SOUTH AVE PLAINFIELD NJ 07062 TALON D FISHER ED D EXECUTIVE DIRECTOR 40 X 61622 0 0 61622 0 0 0 0 0 0 0 0 0 0 0 0 1390325 0 1390325 0 0 0 0 0 0 0 1390325 0 0 0 61622 61622 598255 598255 116437 116437 72428 72428 24000 24000 59630 59630 2967 2967 14894 14894 214980 214980 675 675 4109 4109 24736 24736 118592 118592 1313325 1313325 0 0 113716 190716 113716 190716 0 0 X 113716 190716 0 0 113716 190716 113716 190716 77000 0 0 0 0 0 X 0 0 0 X 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Yes, the organization publicized its racially nondiscriminatory policy through its website during the student recruitment period. Additionally, the policy was included in the school's admissions brochures and posted prominently in the student registration materials to ensure the general community was informed. Form 990, Part VI, Section A, Line 8a The organization did not maintain written documentation of meetings or actions undertaken by the governing body during the tax year. This was due to informal governance practices and a lack of established procedures for recording board activity. The organization is in the process of implementing formal policies to ensure meeting minutes and written consents are documented going forward. Form 990, Part VI, Section A, Line 8b The organization did not document the meetings or written actions of any committees with delegated authority to act on behalf of the governing body during the year. Upon review, it was determined that no committees held decision-making authority on behalf of the full board. The committees in place during the tax year were advisory only and did not have the authority to make binding decisions. As a result, formal meeting minutes or written consents were not maintained. The organization is currently considering formalizing committee roles and documentation procedures to improve governance practices in the future. Form 990, Part VI, Section B, Line 11b NO REVIEW WAS OR WILL BE CONDUCTED Form 990, Part VI, Section B, Line 12c The organization does not currently have a formal, written conflict of interest policy. However, the board and key staff members are aware of the importance of avoiding conflicts of interest in decision-making, and verbal guidelines are followed. The organization is in the process of drafting and implementing a written conflict of interest policy to enhance transparency and ensure compliance with best practices for governance. Form 990, Part VI, Section C, Line 18 SEE SCHEDULE O Form 990, Part VI, Section C, Line 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC Our 2023 return was delayed due to a transition between accountants during the filing period. The change in accounting support caused delays in gathering and preparing the necessary financial information to complete the return on time. We did not intend to file late, and we've taken steps to avoid this issue going forward. The return has now been submitted, and we kindly ask that this be considered reasonable cause for the delay. Thank you for your time and understanding.