New Jersey Innovation Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,818,942 | 1,927,667 | −108,725 | -0.7 | 47% |
| 2016 | 11,182,499 | 11,005,522 | 176,977 | 0.1 | 42% |
| 2017 | 18,977,668 | 18,193,995 | 783,673 | 0.6 | 44% |
| 2018 | 25,158,191 | 23,648,158 | 1,510,033 | 1.2 | 38% |
| 2019 | 25,116,958 | 26,333,307 | −1,216,349 | 0.5 | 37% |
| 2020 | 19,548,226 | 20,662,984 | −1,114,758 | 0.0 | 39% |
| 2021 | 28,426,314 | 29,725,789 | −1,299,475 | -0.5 | 29% |
| 2022 | 85,737,246 | 27,105,207 | 58,632,039 | 25.4 | 29% |
| 2023 | 34,340,267 | 34,778,092 | −437,825 | 19.7 | 26% |
In its most recent public year (2023), this organization spent $437,825 more than it brought in. Its reserves stood at about 19.7 months of spending, up from -0.7 in 2015. Staff pay was 26% of spending.
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
New Jersey Innovation Institute Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works