New Jersey Policy Perspective Inc
- Assets
- $2.5m
- Revenue
- $1.9m
- Investments
- $987.8k
- Employees
- 14
- Location
- Trenton, NJ
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 22-3492715
Organization Overview
New Jersey Policy Perspective Inc is located in Trenton, NJ. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, New Jersey Policy Perspective Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Policy Perspective Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Jersey Policy Perspective Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW JERSEY POLICY PERSPECTIVE (NJPP)IS A NONPARTISAN THINK TANK THAT DRIVES POLICY CHANGE TO ADVANCE ECONOMIC, SOCIAL, AND RACIAL JUSTICE THROUGH EVIDENCE-BASED, INDEPENDENT RESEARCH, ANALYSIS, AND STRATEGIC COMMUNICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW JERSEY POLICY PERSPECTIVE (NJPP)IS A NONPARTISAN THINK TANK THAT DRIVES POLICY CHANGE TO ADVANCE ECONOMIC, SOCIAL, AND RACIAL JUSTICE THROUGH EVIDENCE-BASED, INDEPENDENT RESEARCH, ANALYSIS, AND STRATEGIC COMMUNICATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Mckoy President Thru Oct 2021 | Officer | 40 | $93,500 |
Dan Fatton Treasurer | OfficerTrustee | 1 | $0 |
Marcia Marley Chair | OfficerTrustee | 1 | $0 |
Heather Howard Secretary | OfficerTrustee | 1 | $0 |
Adriana Abizadeh Trustee | Trustee | 1 | $0 |
Henry Coleman Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,855 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,797,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,831,026 |
| Total Program Service Revenue | $0 |
| Investment income | $23,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,855,020 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,500 |
| Compensation of current officers, directors, key employees. | $10,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $695,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $82,035 |
| Payroll taxes | $65,365 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,808 |
| Fees for services: Accounting | $7,628 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,581 |
| Fees for services: Other | $138,200 |
| Advertising and promotion | $2,546 |
| Office expenses | $9,005 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,608 |
| Travel | $11,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,965 |
| Insurance | $6,925 |
| All other expenses | $5,067 |
| Total functional expenses | $1,269,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,408,937 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $32,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,285 |
| Net Land, buildings, and equipment | $11,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $987,840 |
| Investments—program-related | $0 |
| Intangible assets | $18,049 |
| Other assets | $0 |
| Total assets | $2,473,574 |
| Accounts payable and accrued expenses | $60,256 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $60,256 |
| Net assets without donor restrictions | $1,884,422 |
| Net assets with donor restrictions | $528,896 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,473,574 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that New Jersey Policy Perspective Inc has recieved totaling $1,377,960.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 78898 GENERAL OPERATING SUPPORT FOR NEW JERSEY POL | $300,000 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: State Opportunities Project | $140,000 |
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general support | $118,255 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: State Opportunities Project | $100,000 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: General Support | $100,000 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: General Support | $76,000 |
Endowment Analysis
| Beg. Balance | $419,464 |
| Ending Balance | $419,464 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Home Port Alliance For The Uss New Jersey Inc Camden, NJ | $22,163,173 | $5,435,122 |
Grand Opera House Inc Wilmington, DE | $14,790,071 | $4,641,667 |