NEW JERSEY INNOVATION INSTITUTE INC

NEW JERSEY INNOVATION INSTITUTE INC

NEWARK, NJ, US
501(c)(3)
EIN
47-1042118
Research Institutes & Public Policy Analysis

NEW JERSEY INNOVATION INSTITUTE INC

NEWARK, NJ, US
501(c)(3)
EIN
47-1042118
Research Institutes & Public Policy Analysis

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$75,143,617

Cash & Equivalents
93%
Other Assets
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$15,124,605

Related-Party Payables
72%
Payables & Accruals
20%
Other Liabilities
6%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$67,107,075
$70,040,190
+4%
Receivables (Non-Related)
$265,479
$566,007
+113%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$235,388
$745,381
+217%
Investments
-
-
-
Property, Plant, & Equipment (net)
$894,873
$563,921
-37%
Other Assets
$5,322,266
$3,228,118
-39%
Total Assets
$73,825,081
$75,143,617
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$4,178,916
$3,054,049
-27%
Grants Payable
-
-
-
Deferred Revenue
$386,733
$313,283
-19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$10,900,000
$10,900,000
+0%
Other Liabilities
$1,388,927
$857,273
-38%
Total Liabilities
$16,854,576
$15,124,605
-10%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$56,970,505
+$60,019,012
+5%
Balance Sheet
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