Njcu School Of Business Innovation Center
- Assets
- $17.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jersey City, NJ
- Founding
- Data as of
- 06/2024
- EIN
- 88-1879323
Organization Overview
Njcu School Of Business Innovation Center is located in Jersey City, NJ. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Njcu School Of Business Innovation Center 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 06/2024, Njcu School Of Business Innovation Center generated $23.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (66.1%) each year. All expenses for the organization totaled $162.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THIS WAS ALSO USED AS A SET UP YEAR, NO PROGRAM SERVICES WERE ACCOMPLISHED DURING THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Naczycz Executive Director | 40 | $66,110 | |
Bernard Mcsherry Board Chairman | 1 | $0 | |
Aimee Rousseau Secretary Of The Board | 1 | $0 | |
William Penders Trustee | 1 | $0 | |
Adrian Franco Trustee | 1 | $0 | |
Andres Acebo Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,955 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $131,087 |
| Professional fees and other payments to independent contractors | $23,676 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $586 |
| Other expenses | $6,719 |
| Total expenses | $162,068 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,389 |
| Other assets | $0 |
| Total assets | $17,389 |
| Total liabilities | $81,201 |
| Net assets or fund balances | -$63,812 |