New Jersey Electronic Life Safety Association Inc
Nonprofit profile at a glance
- EIN
- 222313533
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Point Pleasant Beach, NJ, USA
- Phone
- 6096954444
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $437,944
- Expenses
- $380,715
- Assets
- $438,934
- Liabilities
- $26,427
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- JOSEPH CIOFFI III (President)
- BRIAN ARENOFSKY (PAST PRESIDENT)
People named in this filing
- JOSEPH CIOFFI III (President)
- MICHAEL ASH (VP - NORTH)
- BILL ACKERMAN (SEC. - NORTH)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote alarm industry standards and ethics; to be a source of education regarding the electronic security industry and promote the interest if the industry for members and the public.
What it reported doing in 2024
The association conducts and annual symposium that gathers industry members from across New Jersey to learn about the latest technology available to provide security services, exchange ideas, provide opportunities for training to maintain state licensing and conduct the business of the association. In 2024, the symposium was attended by 550 people, including vendors and its representatives.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 83
- Accountability: 70
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.1%; rating input score 41
- Program expense ratio: 49.5%; rating input score 50
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.1%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 150% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 17.3% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 41.1% of revenue deployed · 49.5% of spending went to programs
- Governance: 19 of 18 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $185K in reported program spending
- Leadership: top reported pay $0 · 26 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.