Solutions for New Jersey Inc
Nonprofit profile at a glance
- EIN
- 263514120
- IRS 990-EZ coverage
- 2012–2014
- Forms available
- Form 990-EZ 2014
- Location
- Ewing, NJ, USA
- Phone
- 6098821071
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $492
- Expenses
- $60
- Assets
- $1,325
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Richard J LaRossa (Partner)
- Christopher Kniesler (Partner)
- Robert Wittik (Partner)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Collecting & providing money for educational purposes
What it reported doing in 2014
Our Mission is to Identify economic issues and conditions facing the State of New Jersey, evaluate the causes and propose innovative cost-effective ways to resolve them. In short - we are a fiscally responsible "Think Tank" devoted solely to New Jersey.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 19
- Transparency & Controls: 82
- Sustainability: 82
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.1%; rating input score 5
- Program expense ratio: 41.7%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 87.8%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 22.08; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -99.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -93.1% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 90.1% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 5.1% of revenue deployed · 41.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25 in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2012 to 2014
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.