Civic Intelligence

The New Jersey Technology Council Education Foundation Inc

990 • Fiscal year 2015 • EIN 22-3456385

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileWWW.NJTC.ORG

View Organization Page

96 Albany RoadNew Brunswick, NJ 08901

(732) 456-5700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.32x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • NTEE J • <$500k nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

0.33x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • NTEE J • <$500k nonprofits • Source year 2015

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2015 filings • NTEE J • <$500k nonprofits • Source year 2015

Top Officer Pay

99th percentile

$189,619

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 1211.5% of source-year revenue.

2015 filings • NTEE J • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

1558%

Faster asset growth than 99% of similar nonprofits.

2015 filings • NTEE J • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$16,592

Up $15,591 (+1558%) from 2014

Net Assets

Up

$11,349

Up $15,591 (+368%) from 2014

Liabilities

Flat

$5,243

Flat from 2014

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin99th percentile

Revenue

Up

$15,651

Up $15,651 from 2014

Expenses

Up

$60

Up $60 from 2014

Net Income

Up

$15,591

Up $15,591 from 2014

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0-$10KAssets 2010: $15,252Liabilities 2010: $0Net Assets 2010: $15,2522010Assets 2011: $16,249Liabilities 2011: $18,860Net Assets 2011: -$2,6112011Assets 2012: $20,344Liabilities 2012: $21,636Net Assets 2012: -$1,2922012Assets 2013: $20,294Liabilities 2013: $24,536Net Assets 2013: -$4,2422013Assets 2014: $1,001Liabilities 2014: $5,243Net Assets 2014: -$4,2422014Assets 2015: $16,592Liabilities 2015: $5,243Net Assets 2015: $11,3492015Assets 2016: $8,292Liabilities 2016: $13,393Net Assets 2016: -$5,1012016Assets 2017: $642Liabilities 2017: $5,243Net Assets 2017: -$4,6012017Assets 2018: $618Liabilities 2018: $5,243Net Assets 2018: -$4,6252018Assets 2019: $528Liabilities 2019: $5,243Net Assets 2019: -$4,7152019Assets 2020: $4,385Liabilities 2020: $5,243Net Assets 2020: -$8582020Assets 2021: $4,361Liabilities 2021: $5,243Net Assets 2021: -$8822021Assets 2022: $5,101Liabilities 2022: $02022Assets 2023: $5,100Liabilities 2023: $02023Assets 2024: $6,051Liabilities 2024: $1,133Net Assets 2024: $4,9182024

Highlighted filing

2015

Assets$16,592
Liabilities$5,243
Net Assets$11,349
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0-$10K-$20KExpenses 2010: $20,7332010Expenses 2011: $19,2612011Expenses 2012: $3,8062012Revenue 2013: $0Expenses 2013: $2,950Net Income 2013: -$2,9502013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $15,651Expenses 2015: $60Net Income 2015: $15,5912015Revenue 2016: $0Expenses 2016: $16,450Net Income 2016: -$16,4502016Revenue 2017: $500Expenses 2017: $0Net Income 2017: $5002017Revenue 2018: $0Expenses 2018: $24Net Income 2018: -$242018Revenue 2019: $0Expenses 2019: $90Net Income 2019: -$902019Revenue 2020: $3,881Expenses 2020: $24Net Income 2020: $3,8572020Revenue 2021: $0Expenses 2021: $24Net Income 2021: -$242021Revenue 2022: $740Expenses 2022: $0Net Income 2022: $7402022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $2,000Expenses 2024: $2,182Net Income 2024: -$1822024

Highlighted filing

2015

Revenue$15,651
Expenses$60
Net Income$15,591
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$15,651
Mission and Program Overview

Mission

The new jersey technology education foundation brings business and academia together to foster collaborative relationships through teacher visits to member companies, as well as for student internships, and mentoring.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,001$16,592▲ $15,591
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,001$16,592▲ $15,591
Liabilities
Unsecured Notes Loans Payable$5,243$5,243→ $0
Total Liabilities$5,243$5,243→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$-4,242$11,349▲ $15,591
Total Net Assets Fund Balance$-4,242$11,349▲ $15,591
Total Liabilities and Net Assets / Fund Balance$1,001$16,592▲ $15,591

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$3,339$3,339
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Simon NynensChair
James BarroodPresident & CEO
Alan WinkDirector
Andrew GilbertDirector
Ari RabbanDirector
Charlene BrownDirector
Chris DownieDirector
Dan McgrathDirector
Darren HamellDirector
Douglas SchoenbergerDirector
Flint LaneDirector
Gregory OlsenDirector
Ian GoldsteinDirector
James BourkeDirector
Jeff RosedaleDirector
Joel BloomDirector
John ClarkeDirector
John LanzaDirector
Kathleen CovielloDirector
Kevin PiankoDirector
Marianna RabinovitchDirector
Mark CliftonDirector
Mark GiamoDirector
Mel BaiadaDirector
Nariman FarvardinDirector
Paul HoffmanDirector
Richard NapoliDirector
Ronald GabouryDirector
Scott MegillDirector
Skip BraunDirector
Stephen MurettaDirector
Stephen WaldisDirector
Steven CohenDirector
Virginia AllingDirector
Brian HughesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,651
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,651
Change in Net Assets
$15,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$60-$60
Total Functional Expenses$0$60$0$60
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 11

“The 990 is provided to the board prior to issuance.”

Form 990, Part VI, Section B, Line 12C

“The president discusses any conflicts of interest with employees on an annual basis.”

Form 990, Part VI, Section C, Line 18

“All requested information is mailed to inquiring parties upon request.”

Form 990, Part VI, Section C, Line 19

“All requested information is mailed to inquiring parties upon request.”

Filing and Contact Details

Filer

Filer Name
The New Jersey Technology Council
EIN
22-3456385
Phone
7324565700
Address
96 ALBANY ROAD, NEW BRUNSWICK, NJ 08901

Signing Officer

Name
James Barrood
Title
President
Phone
7324565700
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Barrood
Formed
1996
Legal Domicile
Nj
Voting Board Members
35
Independent Board Members
34
Employees
0
Volunteers
0

Preparer

Firm
SOBEL AND CO LLC CPA'S
Address
293 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039-1711
Preparer
Bridget Hartnett
Phone
9739949494
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt34176632
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt035
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt015651
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt034
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NEW JERSEY TECHNOLOGY EDUCATION FOUNDATION BRINGS BUSINESS AND ACADEMIA TOGETHER TO FOSTER COLLABORATIVE RELATIONSHIPS THROUGH TEACHER VISITS TO MEMBER COMPANIES, AS WELL AS FOR STUDENT INTERNSHIPS, AND MENTORING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc0CORPORATE TAXES
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/PYSalariesCompEmpBnftPaidAmt00
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IRS990/PYTotalRevenueAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01398
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015652
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,592
Liabilities
$5,243
Net assets
$11,349
Revenue
$15,651
Expenses
$60
Net income
$15,591
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.05$1.13$4.92$2.00$2.18$0.18
2023Summary only. Only limited summary data is available for this year.$5.10$0.00$0.00$0.00$0.00
2022Summary only. Only limited summary data is available for this year.$5.10$0.00$0.74$0.00$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$5.24$0.88$0.00$0.02$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$5.24$0.86$3.88$0.02$3.86
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$5.24$4.72$0.00$0.09$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$5.24$4.63$0.00$0.02$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$5.24$4.60$0.50$0.00$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$13.4$5.10$0.00$16.5$16.5
2015Detailed filing. Detailed filing data is available for this year.$16.6$5.24$11.3$15.7$0.06$15.6
2014Detailed filing. Detailed filing data is available for this year.$1.00$5.24$4.24$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$20.3$24.5$4.24$0.00$2.95$2.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$21.6$1.29$3.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$18.9$2.61$19.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.00$15.3$20.7