Independent Colleges & Universities Of New Jersey A Nj Np Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,684,469 | 1,763,487 | −79,018 | 6.9 | 17% |
| 2012 | 1,648,122 | 1,573,886 | 74,236 | 8.7 | 22% |
| 2013 | 1,587,277 | 1,586,526 | 751 | 9.2 | 22% |
| 2014 | 1,709,212 | 1,706,077 | 3,135 | 8.4 | 21% |
| 2015 | 1,474,790 | 1,516,516 | −41,726 | 8.8 | 24% |
| 2016 | 1,653,018 | 1,574,337 | 78,681 | 8.8 | 23% |
| 2017 | 1,653,071 | 1,621,387 | 31,684 | 9.5 | 23% |
| 2018 | 1,443,530 | 1,468,554 | −25,024 | 9.6 | 27% |
| 2019 | 1,344,749 | 1,347,122 | −2,373 | 11.7 | 32% |
| 2020 | 1,320,667 | 1,298,726 | 21,941 | 13.2 | 32% |
| 2021 | 307,234 | 373,990 | −66,756 | 46.0 | 43% |
| 2022 | 1,680,818 | 1,942,614 | −261,796 | 10.2 | 44% |
| 2023 | 1,978,046 | 1,809,169 | 168,877 | 12.8 | 46% |
In its most recent public year (2023), this organization brought in $168,877 more than it spent. Its reserves stood at about 12.8 months of spending, up from 6.9 in 2011. Staff pay was 46% of spending. $1,041,603 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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