funder logo

NEW JERSEY SEA GRANT CONSORTIUM INC

NEW JERSEY SEA GRANT CONSORTIUM INC

FORT HANCOCK, NJ, US
501(c)(3)
EIN
23-7025812
Regional Funder
funder logo

NEW JERSEY SEA GRANT CONSORTIUM INC

FORT HANCOCK, NJ, US
501(c)(3)
EIN
23-7025812
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$5,208,236

Government Grants
94%
Program Services
4%
Membership Dues
<1%
Investments
<1%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Expenses in 2024

$5,178,560

Grants
68%
Salaries & Benefits
23%
Fees to Service Providers
3%
Offices, Occupancy & IT
3%
Other
2%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$28,479
$2,200
-92%
Government Grants
$2,258,850
$4,914,318
+118%
Fundraising Events
$0
$0
-
Program Services
$175,405
$200,574
+14%
Membership Dues
$41,000
$42,800
+4%
Investments
$17,538
$39,199
+124%
Other
$7,534
$9,145
+21%
Total Revenues
$2,528,806
$5,208,236
+106%
Expenses
2023
2024
Change
Grants
$1,068,573
$3,512,104
+229%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,076,270
$1,177,343
+9%
Fees to Service Providers
$92,663
$175,592
+89%
Advertising & Promotion
$976
$2,990
+206%
Offices, Occupancy & IT
$139,124
$136,223
-2%
Interest
$0
$0
-
Depreciation
$69,583
$74,530
+7%
Other
$43,203
$99,778
+131%
Total Expenses
$2,490,392
$5,178,560
+108%
Net income
2023
2024
Change
Net income
+$38,414
+$29,676
-23%
Functional Expenses
Summary
2023
2024
Change
Program
$2,075,608
$4,631,778
+123%
Admin
$414,784
$546,782
+32%
Fundraising
$0
$0
-
Total Expenses
$2,490,392
$5,178,560
+108%
Income Statement
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