New Jersey Electronic Security Association

Not tax-deductible

Point Pleasant Beach, NJ501(c)(6)EIN 22-2313533

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To promote alarm industry standards

50¢ of each $1 spent went to programs.
Run by 20 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $48K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$26K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 18 voting members
Looks good: 19 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$438K
+3% vs prior year
Spent
$381K
To programs
50%
Net assets
$413K
By yearFY2020–FY2024
Revenue
$438K
FY2024▲ +3%
Revenue by fiscal year
FY2020$391K
FY2021$307K
FY2022$398K
FY2023$426K
FY2024$438K
Expenses
$381K
FY2024▲ +6%
Expenses by fiscal year
FY2020$341K
FY2021$291K
FY2022$347K
FY2023$359K
FY2024$381K
Net assets
$413K
FY2024▲ +16%
Net assets by fiscal year
FY2020$221K
FY2021$237K
FY2022$288K
FY2023$355K
FY2024$413K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $189K Management & general 50% · $192K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
VP - North
$0Pt VII · Sec A
Sec. - North
$0Pt VII · Sec A
VP South
$0Pt VII · Sec A
Sec. South
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Christine Higgins$94,500$91,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See New Jersey Electronic Security Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes alarm industry standards for safety and reliability.

Provided by the organization

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3 programs · $185K · in their own filed words · FY2024
01

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.

$177Kprogram expense
02

The association conducts board and regional meetings to keep members informed about developments in the industry including evolving standards, licensing requirements and ethics. In 2024, six board meetings and four regional meetings were held.

$8Kprogram expense
03

The association provides continuing education to members to assist in maintaining and improving knowledge and skills in security industry services and in maintaining state licensing requirements. In 2024, the association presented training programs that provided 157 hours of continuing education for its technicians.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$438K
Ln 12
Fees for servicesLn 2g$393K
Investment incomeLn 3$20K
Other incomeLn 4–11$16K
Money outPt IX
$381K
Ln 25
Programscol B$189K
Managementcol C$192K
Owns and owesPt X
$413K
net assets · Ln 32
Cash and savingsLn 1–2$390K
Total assetsLn 16$439K
LiabilitiesLn 26$26K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Fees for servicesLn 2g$393K
Investment incomeLn 3$20K
Other incomeLn 4–11$16K
Gains on assetsLn 7$0
Total revenueLn 12$438K
Assets in detailPt X, end of year
CashLn 1$54K
SavingsLn 2$336K
Cash and savings togetherLn 1–2$390K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$45K
Total assetsLn 16$439K
LiabilitiesLn 26$26K
Net assetsLn 32$413K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$384K$390K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$429K$439K
LiabilitiesLn 26$74K$26K
Net assetsLn 32$355K$413K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$100K$100K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$42K$42K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$4K$4K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$724$724
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$203K$185K$18K
All other expensesLn 24e$13K$3K$10K
Total functional expensesLn 25$381K$189K$192K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $438K$381K$57K$413K 990 PDF
FY2023 $426K$359K$67K$355K 990 PDF
FY2022 $398K$347K$51K$288K 990 PDF
FY2021 $307K$291K$16K$237K 990 PDF
FY2020 $391K$341K$50K$221K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $437,944 across 9 lines filed
VIII-1f All other contributions, gifts and grants$9,573
VIII-1h Total contributions, gifts and grants$9,573
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $392,655$392,655
VIII-3 Investment incomeExcluded from tax $19,825$19,825
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$15,891
VIII-12 Total revenueRelated to mission $392,655 · Excluded from tax $19,825$437,944
Part IX · Statement of functional expenses $380,715 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesManagement $100,100$100,100
IX-11b Legal feesManagement $1,674$1,674
IX-11c Accounting feesManagement $4,500$4,500
IX-11d Lobbying feesManagement $42,000$42,000
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $9,063$9,063
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,302$1,302
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $3,918$3,918
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $724$724
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,168$1,168
IX-24 Other expenses (24a–d)Programs $185,278 · Management $17,963$203,241
IX-24e All other expensesPrograms $3,283 · Management $9,742$13,025
IX-25 Total functional expensesPrograms $188,561 · Management $192,154 · Fundraising $0$380,715
Part X · Balance sheet $438,934 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $67,659$54,132
X-2 Savings and temporary cash investmentsStart of year $315,874$335,699
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$679
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $100$3,250
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $45,174$45,174
X-16 Total assetsStart of year $428,807$438,934
X-19 Deferred revenueStart of year $73,529$26,427
X-26 Total liabilitiesStart of year $73,529$26,427
X-27 Net assets without donor restrictionsStart of year $355,278$412,507
X-32 Total net assets or fund balancesStart of year $355,278$412,507
X-33 Total liabilities and net assetsStart of year $428,807$438,934
Part XI · Reconciliation of net assets $412,507 net assets at year end
XI-1 Total revenue$437,944
XI-2 Total expenses$380,715
XI-3 Revenue less expenses$57,229
XI-4 Net assets at start of year$355,278
XI-10 Net assets at end of year$412,507

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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