Civic Intelligence

New Jersey Agricultural Society

EIN 21-0634544 • 501(c)3 • Bordentown, NJ

Profile

To promote agriculture in the state of new jersey

1200 Florence Columbus RoadBordentown, NJ 08505

www.njagsociety.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.17x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.11x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

36th percentile

-1.6%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

25th percentile

-6.6%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

23%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$487,889

Down $34,542 (-6.6%) from 2023

Liabilities

Down

$81,478

Down $24,707 (-23%) from 2023

Net Assets

Down

$406,411

Down $9,835 (-2.4%) from 2023

Revenue

Up

$712,745

Up $132,042 (+23%) from 2023

Expenses

Up

$723,914

Up $109,171 (+18%) from 2023

Net Income

Up

-$11,169

Up $22,871 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $184,978Liabilities 2011: $23,920Net Assets 2011: $161,0582011Assets 2012: $222,325Liabilities 2012: $36,157Net Assets 2012: $186,1682012Assets 2013: $285,980Liabilities 2013: $42,128Net Assets 2013: $243,8522013Assets 2014: $259,419Liabilities 2014: $41,996Net Assets 2014: $217,4232014Assets 2015: $394,463Liabilities 2015: $45,504Net Assets 2015: $348,9592015Assets 2016: $439,245Liabilities 2016: $40,199Net Assets 2016: $399,0462016Assets 2017: $460,955Liabilities 2017: $44,879Net Assets 2017: $416,0762017Assets 2018: $457,235Liabilities 2018: $60,606Net Assets 2018: $396,6292018Assets 2019: $430,809Liabilities 2019: $30,159Net Assets 2019: $400,6502019Assets 2020: $560,778Liabilities 2020: $38,401Net Assets 2020: $522,3772020Assets 2021: $494,363Liabilities 2021: $45,173Net Assets 2021: $449,1902021Assets 2022: $480,938Liabilities 2022: $25,382Net Assets 2022: $455,5562022Assets 2023: $522,431Liabilities 2023: $106,185Net Assets 2023: $416,2462023Assets 2024: $487,889Liabilities 2024: $81,478Net Assets 2024: $406,4112024

Highlighted filing

2024

Assets$487,889
Liabilities$81,478
Net Assets$406,411

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $326,110Expenses 2011: $382,830Net Income 2011: -$56,7202011Revenue 2012: $313,806Expenses 2012: $288,696Net Income 2012: $25,1102012Revenue 2013: $401,030Expenses 2013: $343,347Net Income 2013: $57,6832013Revenue 2014: $365,630Expenses 2014: $392,058Net Income 2014: -$26,4282014Revenue 2015: $508,814Expenses 2015: $376,754Net Income 2015: $132,0602015Revenue 2016: $447,244Expenses 2016: $398,707Net Income 2016: $48,5372016Revenue 2017: $420,774Expenses 2017: $403,744Net Income 2017: $17,0302017Revenue 2018: $372,529Expenses 2018: $391,976Net Income 2018: -$19,4472018Revenue 2019: $382,237Expenses 2019: $376,651Net Income 2019: $5,5862019Revenue 2020: $631,396Expenses 2020: $498,914Net Income 2020: $132,4822020Revenue 2021: $520,407Expenses 2021: $598,433Net Income 2021: -$78,0262021Revenue 2022: $605,324Expenses 2022: $584,200Net Income 2022: $21,1242022Revenue 2023: $580,703Expenses 2023: $614,743Net Income 2023: -$34,0402023Revenue 2024: $712,745Expenses 2024: $723,914Net Income 2024: -$11,1692024

Highlighted filing

2024

Revenue$712,745
Expenses$723,914
Net Income-$11,169

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.88$0.81$4.06$7.13$7.24$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.22$1.06$4.16$5.81$6.15$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$0.25$4.56$6.05$5.84$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.94$0.45$4.49$5.20$5.98$0.78
2020Detailed filing. Detailed filing data is available for this year.$5.61$0.38$5.22$6.31$4.99$1.32
2019Detailed filing. Detailed filing data is available for this year.$4.31$0.30$4.01$3.82$3.77$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.57$0.61$3.97$3.73$3.92$0.19
2017Detailed filing. Detailed filing data is available for this year.$4.61$0.45$4.16$4.21$4.04$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.39$0.40$3.99$4.47$3.99$0.49
2015Detailed filing. Detailed filing data is available for this year.$3.94$0.46$3.49$5.09$3.77$1.32
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.42$2.17$3.66$3.92$0.26
2013Summary only. Only limited summary data is available for this year.$2.86$0.42$2.44$4.01$3.43$0.58
2012Summary only. Only limited summary data is available for this year.$2.22$0.36$1.86$3.14$2.89$0.25
2011Summary only. Only limited summary data is available for this year.$1.85$0.24$1.61$3.26$3.83$0.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$712,745
Mission and Program Overview

Mission

To promote agriculture in the state of new jersey

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$314,866$257,450▼ $57,416
Savings and Temporary Cash Investments$180,961$199,385▲ $18,424
Accounts Receivable$10,832$20,208▲ $9,376
Land, Buildings, and Equipment, Net$11,756$7,728▼ $4,028
Prepaid Expenses and Deferred Charges$2,675$2,675→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$522,033$487,889▼ $34,144
Other Assets Total$943$443▼ $500
Liabilities
Other Liabilities$48,417$40,813▼ $7,604
Accounts Payable and Accrued Expenses$28,293$36,426▲ $8,133
Grants Payable$30,000--
Deferred Revenue$4,239$4,239→ $0
Total Liabilities$110,949$81,478▼ $29,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$269,084$264,411▼ $4,673
Net Assets With Donor Restrictions$142,000$142,000→ $0
Total Net Assets Fund Balance$411,084$406,411▼ $4,673
Total Liabilities and Net Assets / Fund Balance$522,033$487,889▼ $34,144

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,728$196,460$204,188

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$142,000---$142,000
2022$142,000---$142,000
2021$142,000---$142,000
2020$142,000---$142,000
2019$142,000---$142,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul HlubikPast President
Holly SystemaPresident
Joni ElliottPresident
Donna BouchelleVice President
Allen CarterBoard Member
Brad FayBoard Member
Carl HesseleinBoard Member
Chris CarnevaleBoard Member
Chris CirkusBoard Member
Dale ParsonsBoard Member
Dan WerremeyerBoard Member
David DefrangeBoard Member
Gillian JohnsonBoard Member
Jeff ToberBoard Member
Jennifer TaylorBoard Member
Jim GiamareseBoard Member
Joe AtchinsonBoard Member
Margaret ReddickBoard Member
Mark KirilukBoard Member
Midge HauserBoard Member
Rosemary KayBoard Member
Scott DaumBoard Member
Suzanne KnezickBoard Member
William HackettBoard Member
Laura LawsonBoard Members
Amy Blew OrdogSecretary
Keith DickinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$656,139
Program Service Revenue
$44,504
Investment Income
$12,102
Other Revenue
$0
All Other Contributions
$353,770
Change in Net Assets
$-11,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,339
Salaries, Compensation, and Employee Benefits$272,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$249,581-$249,581
All Other Expenses-$119,736-$119,736
Other Expenses$61,927$51,773-$51,773
Insurance-$36,742-$36,742
Payroll Taxes-$22,994-$22,994
Depreciation Depletion-$4,028-$4,028
Total Functional Expenses$239,060$484,854$0$723,914
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tuition in Advance$28,000
Credit Line Payable$12,861
Payroll Taxes Payable$-48
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the organization's treasurer prior to filing to ensure accuracy.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST

Form 990, Part VI, Section C, Line 19

Governing documents and policies and procedures manuals are adopted by the board of directors and are available to employees upon request. The financial statements and tax returns are available to the public upon request and are kept at the organization's location.

Filing and Contact Details

Filer

Filer Name
New Jersey Agricultural Society
EIN
21-0634544
Phone
6094629691
Address
1200 FLORENCE COLUMBUS ROAD, BORDENTOWN, NJ 08505

Signing Officer

Name
Chris Carnevale
Title
President
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1940
Legal Domicile
Nj
Voting Board Members
27
Independent Board Members
27
Employees
9
Volunteers
300

Preparer

Firm
Ford Scott & Associates LLC
Address
1535 Haven Avenue, Ocean City, NJ 08226
Preparer
John A Sabella CPA
Phone
6093996333
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

ADMINISTRATION: Column (A) - Total = $87; Column (B) - Program Services = $0; Column (C) - Management & General = $87; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

AUDIT FEES: Column (A) - Total = $10000; Column (B) - Program Services = $0; Column (C) - Management & General = $10000; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

BANK FEES: Column (A) - Total = $548; Column (B) - Program Services = $0; Column (C) - Management & General = $548; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

CONTESTS AND AWARDS: Column (A) - Total = $2269; Column (B) - Program Services = $0; Column (C) - Management & General = $2269; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

DONATIONS: Column (A) - Total = $555; Column (B) - Program Services = $0; Column (C) - Management & General = $555; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

DUES MEMBERSHIP AND SUBSCRIPTI: Column (A) - Total = $1548; Column (B) - Program Services = $0; Column (C) - Management & General = $1548; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FARMERS WEEK: Column (A) - Total = $49386; Column (B) - Program Services = $0; Column (C) - Management & General = $49386; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FUNDRAISING & RAFFLE EXPENSE: Column (A) - Total = $51; Column (B) - Program Services = $0; Column (C) - Management & General = $51; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MEETINGS AND DINNERS: Column (A) - Total = $25251; Column (B) - Program Services = $0; Column (C) - Management & General = $25251; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MISC EXPENSE: Column (A) - Total = $2746; Column (B) - Program Services = $0; Column (C) - Management & General = $2746; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

OFFICE EXPENSE: Column (A) - Total = $3014; Column (B) - Program Services = $0; Column (C) - Management & General = $3014; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Postage and Shipping: Column (A) - Total = $1657; Column (B) - Program Services = $0; Column (C) - Management & General = $1657; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Printing and Publications: Column (A) - Total = $455; Column (B) - Program Services = $0; Column (C) - Management & General = $455; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

PROMOTIONS: Column (A) - Total = $13925; Column (B) - Program Services = $0; Column (C) - Management & General = $13925; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

RENT EXPENSE: Column (A) - Total = $4083; Column (B) - Program Services = $0; Column (C) - Management & General = $4083; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TRAINING : Column (A) - Total = $803; Column (B) - Program Services = $0; Column (C) - Management & General = $803; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TRAVEL AND MILEAGE REIMB: Column (A) - Total = $3358; Column (B) - Program Services = $0; Column (C) - Management & General = $3358; Column (D) - Fundraising = $0

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is also exempt from State income taxes and is registered with the State of New Jersey under the New Jersey Charitable Registration and Investigation Act (CRI) of 1994. No provision has been made for federal or state income taxes.The Organization regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income, and related matters. The Organization believes that in the event of an examination by taxing authorities the Organizations positions would prevail based upon the technical merits of such positions. Therefore, the Organization has concluded that no tax benefits or liabilities are required to be recognized. The Organization is generally no longer subject to examination by the Internal Revenue Service for years before January 1, 2020. The Organization is generally no longer subject to examination by the New Jersey Attorney General for years before January 1, 2019.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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