Civic Intelligence

New Jersey Press Foundation Inc.

990 • Fiscal year 2020 • EIN 22-6071765

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

Organization ProfileN/A
100 Charles Ewing Blvd No 160Ewing, NJ 08628

(609) 406-0600

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.25x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

3rd percentile

-139%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$9,000

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-44%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$2,084,390

Up $216,644 (+12%) from 2019

Net Assets

Up

$2,072,956

Up $205,210 (+11%) from 2019

Liabilities

Up

$11,434

Up $11,434 from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin3rd percentile

Revenue

Down

$46,031

Down $36,837 (-44%) from 2019

Expenses

Down

$110,133

Down $23,512 (-18%) from 2019

Net Income

Down

-$64,102

Down $13,325 (-26%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,839,265Liabilities 2010: $15,607Net Assets 2010: $1,823,6582010Assets 2011: $1,701,254Liabilities 2011: $8,167Net Assets 2011: $1,693,0872011Assets 2012: $1,743,281Liabilities 2012: $15,608Net Assets 2012: $1,727,6732012Assets 2013: $1,780,447Liabilities 2013: $34,250Net Assets 2013: $1,746,1972013Assets 2014: $1,714,947Liabilities 2014: $9,332Net Assets 2014: $1,705,6152014Assets 2015: $1,710,193Liabilities 2015: $27,005Net Assets 2015: $1,683,1882015Assets 2016: $1,677,680Liabilities 2016: $17,555Net Assets 2016: $1,660,1252016Assets 2017: $1,806,665Liabilities 2017: $0Net Assets 2017: $1,806,6652017Assets 2018: $1,625,402Liabilities 2018: $7,393Net Assets 2018: $1,618,0092018Assets 2019: $1,867,746Liabilities 2019: $0Net Assets 2019: $1,867,7462019Assets 2020: $2,084,390Liabilities 2020: $11,434Net Assets 2020: $2,072,9562020Assets 2021: $2,248,009Liabilities 2021: $13,038Net Assets 2021: $2,234,9712021Assets 2022: $1,871,090Liabilities 2022: $15,300Net Assets 2022: $1,855,7902022Assets 2023: $1,912,317Liabilities 2023: $17,369Net Assets 2023: $1,894,9482023Assets 2024: $1,963,972Liabilities 2024: $12,162Net Assets 2024: $1,951,8102024

Highlighted filing

2020

Assets$2,084,390
Liabilities$11,434
Net Assets$2,072,956
Open 2020 Filing

Operations Trend

Revenue Growth10th percentile

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

$400K$200K$0-$200KExpenses 2010: $179,6182010Expenses 2011: $260,4782011Revenue 2012: $155,563Expenses 2012: $188,389Net Income 2012: -$32,8262012Revenue 2013: $90,808Expenses 2013: $230,304Net Income 2013: -$139,4962013Revenue 2014: $198,936Expenses 2014: $178,005Net Income 2014: $20,9312014Revenue 2015: $168,290Expenses 2015: $174,464Net Income 2015: -$6,1742015Revenue 2016: -$9,627Expenses 2016: $174,358Net Income 2016: -$183,9852016Revenue 2017: $102,304Expenses 2017: $140,805Net Income 2017: -$38,5012017Revenue 2018: $75,369Expenses 2018: $150,348Net Income 2018: -$74,9792018Revenue 2019: $82,868Expenses 2019: $133,645Net Income 2019: -$50,7772019Revenue 2020: $46,031Expenses 2020: $110,133Net Income 2020: -$64,1022020Revenue 2021: $188,456Expenses 2021: $145,422Net Income 2021: $43,0342021Revenue 2022: $62,499Expenses 2022: $156,329Net Income 2022: -$93,8302022Revenue 2023: $18,750Expenses 2023: $159,052Net Income 2023: -$140,3022023Revenue 2024: $56,071Expenses 2024: $156,514Net Income 2024: -$100,4432024

Highlighted filing

2020

Revenue$46,031
Expenses$110,133
Net Income-$64,102
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$92,651
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,821,720$2,060,524▲ $238,804
Accounts Receivable$24,752$0▼ $24,752
Cash and Non-Interest-Bearing Accounts$5,861$23,866▲ $18,005
Total Assets$1,867,746$2,084,390▲ $216,644
Other Assets Total$15,413$0▼ $15,413
Liabilities
Other Liabilities$0$11,434▲ $11,434
Total Liabilities$0$11,434▲ $11,434
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$958,177$1,040,831▲ $82,654
Net Assets With Donor Restrictions$909,569$1,032,125▲ $122,556
Total Net Assets Fund Balance$1,867,746$2,072,956▲ $205,210
Total Liabilities and Net Assets / Fund Balance$1,867,746$2,084,390▲ $216,644

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$909,569$5,000▲ $144,176$26,620$1,032,125
2019$777,083$5,050▲ $159,236$31,800$909,569
2018$859,364$6,265▼ $39,946$48,600$777,083
2017$779,988$4,500▲ $105,826$30,950$859,364
2016$783,149$4,877▲ $31,042$39,080$779,988
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleBaseOtherTotal
Mark BlumActing Treasurer$4,500$4,500$9,000

Board Members and Trustees

NameTitle
Bill MurrayChairman
PAUL D'AMBRISOPresident
Audrey HarvinTrustee
Christopher HoenigTrustee
JOHN J O'BRIENTrustee
Jim KilgoreTrustee
Ron MoranoTrustee
Stan EllisTrustee
Brett Ainsworth1st VP
Revenue and Support

Revenue Composition

Contributions and Grants
$8,341
Program Service Revenue
$0
Investment Income
$37,690
Other Revenue
$0
All Other Contributions
$8,341
Change in Net Assets
$-64,102

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,085
Revenue Not Reported on Financial Statements
$10,946
Revenue Not Reported on Form 990
$269,312
Other Revenue Adjustments
$10,946
Total Revenue per Audited Statements
$304,397
Total Revenue per Form 990
$46,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,667
Salaries, Compensation, and Employee Benefits$46,466
Total Fundraising Expense$21,529
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,048$7,219$10,828$36,095
Fees for Services Other$5,552$2,221$3,332$11,105
Fees for Service Investment Mgmnt Fees-$10,946-$10,946
Other Employee Benefits$5,186$2,074$3,111$10,371
Fees for Services Legal$4,881$1,952$2,928$9,761
Grants to Domestic Individuals$8,500--$8,500
Grants to Domestic Orgs$3,500--$3,500
Other Expenses$300$887$1,330$300
Total Functional Expenses$63,305$25,299$21,529$110,133

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$110,133
Expenses per Audited Statements$99,187
Total Expenses per Audited Statements$99,187
Expenses Not Reported on Financial Statements$10,946
Other Expense Adjustments$10,946
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$11,434
Governance and Compliance

Governance Checklist

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

“A copy of the 990 will be reviewed by the finance committee on behalf of the board and the information is disseminated by email. Acceptance is communicated to the signing officer prior to filing returns. The final 990 will be shared at a subsequent trustee meeting.”

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

“Annually, all officers, directors and employees receive a conflict of interest policy to be reviewed.”

Form 990, Part VI, Section C, Line 19

“The conflict of interest policy is available upon request and the financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
New Jersey Press Foundation
EIN
22-6071765
Phone
6094060600
Address
100 CHARLES EWING BLVD NO 160, EWING, NJ 08628

Signing Officer

Name
Mark Blum
Title
Director
Phone
6094060600
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Blum
Formed
1962
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
11

Preparer

Firm
Kreischer Miller
Address
100 WITMER ROAD SUITE 350, HORSHAM, PA 19044-2369
Preparer
Christopher M Pekula
Phone
2154414600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

“To help develop the next generation of journalists, informed citizens and to promote the importance of free press in our democracy.”

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

“To help develop the next generation of journalists, informed citizens, and to promote the importance of free press in our democracy. Significant programs include journalism internships, scholarships, newspapers-in-education (nie), and administration of the nj collegiate press association.”

Form 990, Part XII, Line 2C

“No change from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation qualifies as a tax exempt organization under internal revenue code section 501(c)(3). Accordingly, income taxes, if any, are recorded only when income is earned on activities not related to the foundation's tax exempt purpose. The foundation files federal form 990. With few exceptions, the foundation is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years before 2017. It is difficult to predict the final timing and resolution of any particular uncertain tax position. Based on the foundation's assessment of many factors, including past experience and judgments about future events, the foundation does not currently anticipate significant changes in its tax positions over the next 12 months.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Reallocation of trustees fees 10,946.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Reallocation of trustees fees 10,946.”

Raw XML AppendixShowing 400 of 508 raw XML fields

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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IRS990/OtherExpensesGrp/Desc2NIE EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0887
IRS990/OtherExpensesGrp/ProgramServicesAmt015120
IRS990/OtherExpensesGrp/ProgramServicesAmt12218
IRS990/OtherExpensesGrp/ProgramServicesAmt2300
IRS990/OtherExpensesGrp/TotalAmt015120
IRS990/OtherExpensesGrp/TotalAmt14435
IRS990/OtherExpensesGrp/TotalAmt2300
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt011434
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010828
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07219
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018048
IRS990/OtherSalariesAndWagesGrp/TotalAmt036095
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK BLUM
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09350
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015500
IRS990/PYInvestmentIncomeAmt036471
IRS990/PYOtherExpensesAmt077722
IRS990/PYOtherRevenueAmt037047
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-50777
IRS990/PYSalariesCompEmpBnftPaidAmt040423
IRS990/PYTotalExpensesAmt0133645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt082868
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-64102
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017834
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014124
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt095900
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.27180
IRS990ScheduleA/PublicSupportPY170Pct00.50670
IRS990ScheduleA/PublicSupportTotal170Amt035796
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03772
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035796
IRS990ScheduleA/TotalSupportAmt0131696
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0909569
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01032125
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0144176
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt026620
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0777083
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05050
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0909569
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0159236
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt031800
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0859364
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt06265
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0777083
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-39946
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt048600
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0779988
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0859364
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0105826
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt030950
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0783149
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt04877
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0779988
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031042
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt039080
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010946
IRS990ScheduleD/ExpensesSubtotalAmt099187
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0269312
IRS990ScheduleD/OtherExpensesNotIncludedAmt010946
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt010946
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.01040
IRS990ScheduleD/RevenueNotReportedAmt0269312
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010946
IRS990ScheduleD/RevenueSubtotalAmt035085
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, INCOME TAXES, IF ANY, ARE RECORDED ONLY WHEN INCOME IS EARNED ON ACTIVITIES NOT RELATED TO THE FOUNDATION'S TAX EXEMPT PURPOSE. THE FOUNDATION FILES FEDERAL FORM 990. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITION. BASED ON THE FOUNDATION'S ASSESSMENT OF MANY FACTORS, INCLUDING PAST EXPERIENCE AND JUDGMENTS ABOUT FUTURE EVENTS, THE FOUNDATION DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS TAX POSITIONS OVER THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REALLOCATION OF TRUSTEES FEES 10,946.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REALLOCATION OF TRUSTEES FEES 10,946.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.98960
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0110133
IRS990ScheduleD/TotalLiabilityAmt011434
IRS990ScheduleD/TotalRevenuePerForm990Amt046031
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0304397
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt099187
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt3500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RICHARD DRUKKER SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1BERNARD KILGORE SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2DAVID E. WEST MEMORIAL SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3ROBERT STEVENS MEMORIAL SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0JOURNALISM SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1JOURNALISM SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2JOURNALISM SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc3JOURNALISM SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NJPF SUMMER INTERNSHIP PROGRAM IS BASED UPON A COMPETITIVE SELECTION PROCESS, WHICH INVOLVES THE EVALUATION OF SUBMITTED TRANSCRIPTS, RECOMMENDATIONS, AND PUBLISHED CLIPS. TEN (10) NEW JERSEY COLLEGIATE JOURNALISTS ARE AWARDED A PAID, EIGHT-WEEK SUMMER INTERNSHIP IN THE NEWSROOM OF A DESIGNATED NEW JERSEY DAILY OR WEEKLY NEWSPAPER. FUNDING IS PROVIDED BY NJPF UNDERWRITING $4,000 FOR THE INTERN'S ($500 PER WEEK FOR EIGHT WEEKS) REQUIRED TO BE PAID BY THE NEWSPAPER. UPON SUCCESSFUL COMPLETION OF THE INTERNSHIP PERIOD. NJPF MONITORS THE PROPER USE OF THE GRANTED FUNDS BY OBTAINING A DIRECT CONFIRMATION FROM THE STUDENT DURING THE INTERNSHIP THAT THEY ARE BEING COMPENSATED AT THE AGREED UPON BASIS. NJPF ALSO OBTAINS A FINAL INTERNSHIP EXPERIENCE REPORT/SUMMARY FROM EACH STUDENT AND EACH SUPERVISING EDITOR. EACH OF NJPF'S NAMED MEMORIAL SCHOLARSHIPS INVOLVES A COMPETITIVE APPLICATION PROCESS FOR WHICH JUDGING OF QUALIFIED JOURNALISTS SELECTS THE RECIPIENTS BASED UPON THE SPECIFIC CRITERIA ESTABLISHED FOR EACH PROGRAM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO HELP DEVELOP THE NEXT GENERATION OF JOURNALISTS, INFORMED CITIZENS AND TO PROMOTE THE IMPORTANCE OF FREE PRESS IN OUR DEMOCRACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO HELP DEVELOP THE NEXT GENERATION OF JOURNALISTS, INFORMED CITIZENS, AND TO PROMOTE THE IMPORTANCE OF FREE PRESS IN OUR DEMOCRACY. SIGNIFICANT PROGRAMS INCLUDE JOURNALISM INTERNSHIPS, SCHOLARSHIPS, NEWSPAPERS-IN-EDUCATION (NIE), AND ADMINISTRATION OF THE NJ COLLEGIATE PRESS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE ON BEHALF OF THE BOARD AND THE INFORMATION IS DISSEMINATED BY EMAIL. ACCEPTANCE IS COMMUNICATED TO THE SIGNING OFFICER PRIOR TO FILING RETURNS. THE FINAL 990 WILL BE SHARED AT A SUBSEQUENT TRUSTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, ALL OFFICERS, DIRECTORS AND EMPLOYEES RECEIVE A CONFLICT OF INTEREST POLICY TO BE REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NEW JERSEY PRESS ASSOCIATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0221754566
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0NEWSPAPER ADVERTISING, NETWORK SALES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0NEW JERSEY PRESS SERVICE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0100 CHARLES EWING BLVD SUITE 160
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0EWING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd008628

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,084,390
Liabilities
$11,434
Net assets
$2,072,956
Revenue
$46,031
Expenses
$110,133
Net income
-$64,102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.01$1.95$0.06$0.16$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.02$1.89$0.02$0.16$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.86$0.06$0.16$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.25$0.01$2.23$0.19$0.15$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.08$0.01$2.07$0.05$0.11$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.08$0.13$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.63$0.01$1.62$0.08$0.15$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.10$0.14$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.02$1.66$0.01$0.17$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.03$1.68$0.17$0.17$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.01$1.71$0.20$0.18$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.78$0.03$1.75$0.09$0.23$0.14
2012Summary only. Only limited summary data is available for this year.$1.74$0.02$1.73$0.16$0.19$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.01$1.69$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.02$1.82$0.18