New Jersey Resource Project EIN 81-1914235 Form 990 (PDF) Claim this org

New Jersey Resource Project

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Connects community leaders for solutions and action toward an economically just future. For fiscal year 2024 it reported $530K in revenue, $527K in expenses, and $96K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
West Creek, NJ
Website
www.newjerseyrp.org
Filings
5 on file (2020–2024)
Revenue
$530KFY2024
Expenses
$527K
Net assets
$96K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-1914235 Public charity (501(c)(3)) West Creek, NJ
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects community leaders for solutions and action toward an economically just future.
Leadership
Krista Sperber · President
Money in and out
$530K revenue, $527K expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$530K
Pt VIII · Ln 12
Total expenses
$527K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▼ -7% vs prior filing year
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate▲ +119% vs prior filing year
Surplus margin
+0.6%
revenue over expenses, this year▲ +102% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$530K
FY2024▲ +14%
Expenses
$527K
FY2024▼ -16%
Total assets
$306K
FY2024▲ +78%
Total liabilities
$209K
FY2024▲ +165%
Total revenue
$530K
Pt VIII · Ln 12
Total expenses
$527K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$306K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Jersey Resource Project
EINHdr · item D81-1914235
Principal addressHdr · item CWest Creek, NJ
WebsiteHdr · item Jwww.newjerseyrp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFOct 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $432K of program spending, described in the organization's own filed words · FY2024.
01

Educating disaster survivors on the recovery system, tackling the overdose crisis and community-led solutions to address climate change and impacts in new jersey.

$432Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$508K · 96%
Program service revenue$22K · 4%
Contributions & grants96%$508K
Program service revenue4%$22K
Investment income$326
Total revenueLn 12$530K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$432K
Management & general18%$95K
Total functional expensesLn 25$527K

Balance Sheet

Part X · end of year
CashLn 1$299K
Total assetsLn 16$306K
Total liabilitiesLn 26$209K
Total net assetsLn 32$96K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $299K · Operating expenses/yr $527K
6.8 months
Where the money goes
Program services
Program services $432K · Total expenses $527K
82%
Management & General
Management & general $95K · Total expenses $527K
18%
Fundraising
Fundraising $0 · Total expenses $527K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $499K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $508K · Total revenue $530K
96%
Government reliance
Government grants — · Total revenue $530K
Earned-income share
Program service revenue $22K · Total revenue $530K
4%
Investment reliance
Investment income $326 · Total revenue $530K
+0.06%
Program self-sufficiency
Program service revenue $22K · Total expenses $527K
4%
Growth & trend
Revenue growth (YoY)
This year $530K · Prior year $466K
+14%
Revenue CAGR
FY2020 $267K · FY2024 $530K
+19%
Net-asset trend (YoY)
End of year $96K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $530K · Expenses $527K
+0.6%
Liabilities-to-Assets
Total liabilities — · Total assets $306K
Net-asset ratio
Net assets $96K · Total assets $306K
32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $306K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Krista Sperber · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $527K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $416K · Total expenses $527K
79%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Revenue growth 14%
Accounting fee ratio 0.7%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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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
FY2024 (Latest)$530K revenue · viewing · ⤓ 990 PDF
FY2023$466K revenue · ⤓ 990 PDF
FY2022$522K revenue · ⤓ 990 PDF
FY2021$531K revenue · ⤓ 990 PDF
FY2020$267K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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