N J E C C INC EIN 22-3311072

N J E C C INC

EIN  22-3311072 Public charity (501(c)(3)) Little Falls, NJ
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Size
$100K–1M
What they do
Supports New Jersey educators in using technology for innovative learning through idea sharing and professional development.
Leadership
Gregg Festa · President · $24K
Money in and out
$173K revenue, $202K expenses
Bottom line
62% program efficiency

Supports New Jersey educators in using technology for innovative learning through idea sharing and professional development. For fiscal year 2025 it reported $173K in revenue, $202K in expenses, and $192K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$173K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$29K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.38
Program efficiency
62%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
11.7mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▼ -554% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$173K
FY2025▼ -14%
Expenses
$202K
FY2025▲ +4%
Total assets
$217K
FY2025▼ -12%
Total liabilities
$25K
FY2025▲ +2%
Total revenue
$173K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$29K
Total assetsPt X · Ln 16$217K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $126K of program spending, described in the organization's own filed words · FY2024.
01

Other educational and member programs and services related to exempt functions

$74Kprogram expense
02

Technical conferences for local school boards and related written updates.

$52Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CN J E C C INC
EINHdr · item D22-3311072
Principal addressHdr · item CLittle Falls, NJ
WebsiteHdr · item Jwww.njecc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90Z)
Ruling yearIRS BMFMar 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$24,368Pt VII · Sec A
Trustee / Treasurer
$8,444Pt VII · Sec A
$600Pt VII · Sec A
$600Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Gregg Festa’s $24K as President is at the 18th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Kathleen Evans$35,016
Gregg Festa$24,368$23,194$22,628$22,628$20,000
George Magdich$13,000$13,000
Joanna Antoniou$8,444$10,045$7,900$5,200$4,000
Patrick Higgins$1,500$1,740$900
Michael Mitchell$600$600$600$1,200
J Ryan Kenny$600$900$900$900

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.

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Statement of Revenue

Part VIII
Program service revenue$109K · 63%
Contributions & grants$63K · 36%
Investment income$2K · 1%
Program service revenue63%$109K
Contributions & grants36%$63K
Investment income1%$2K
Total revenueLn 12$173K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.38
Program services62%$126K
Management & general38%$76K
Total functional expensesLn 25$202K

Balance Sheet

Part X · end of year
CashLn 1$198K
Total assetsLn 16$217K
Total liabilitiesLn 26$25K
Total net assetsLn 32$192K
Months of cash on handcomputed11.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $198K · Operating expenses/yr $202K
11.7 months
Where the money goes
Program services
Program services $126K · Total expenses $202K
62%
Management & General
Management & general $76K · Total expenses $202K
38%
Fundraising
Fundraising $0 · Total expenses $202K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $63K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $63K · Total revenue $173K
36%
Government reliance
Government grants — · Total revenue $173K
Earned-income share
Program service revenue $109K · Total revenue $173K
63%
Investment reliance
Investment income $2K · Total revenue $173K
+1%
Program self-sufficiency
Program service revenue $109K · Total expenses $202K
54%
Growth & trend
Revenue growth (YoY)
This year $173K · Prior year $201K
-14%
Revenue CAGR
FY2020 $123K · FY2024 $173K
+9%
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $173K · Expenses $202K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $217K
Net-asset ratio
Net assets $192K · Total assets $217K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $217K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gregg Festa · Reported title PRESIDENT · Highest reported compensation $24K · Total expenses $202K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $110K · Total expenses $202K
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 38%
Fundraising cost ratio 0%
Revenue growth -14%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$173K revenue · viewing · ⤓ 990 PDF
FY2024$201K revenue · ⤓ 990 PDF
FY2023$215K revenue · ⤓ 990 PDF
FY2022$186K revenue · ⤓ 990 PDF
FY2021$123K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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