NEW JERSEY STUDENT PUBLIC INTEREST… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

MARGARETA LU

Phone

7322478177

Tax Period

2023-08-01 to 2024-07-31

NEW JERSEY STUDENT PUBLIC INTEREST RESEARCH GROUP INC, founded in 1972, is a small nonprofit that reported $266K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $49K, a strong 19% operating margin.

Mission

THE PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE TO ENGAGE IN NON-PARTISAN ANALYSIS, STUDY AND RESEARCH OF SUCH ISSUES AS URBAN REVITALIZATION, CONSUMER PROTECTION, ENVIRONMENTAL QUALITY, RACIAL AND SEXUAL DISCRIMINATION AND SIMILAR MATTERS OF URGENT OR LONG RANGE CONCERN TO THE GENERAL WELFARE OF THE PEOPLE OF THE STATE OF NEW JERSEY; AND TO MAKE AVAILABLE TO THE PUBLIC AT ALL TIMES A FULL AND FAIR EXPOSITION OF THE PERTINENT FACTS AND RESULTS OF SUCH NON-PARTISAN ANALYSIS, STUDY AND RESEARCH.

Program Service Accomplishments

Program 1

Expenses: $168,253

NEW JERSEY STUDENT PUBLIC INTEREST RESEARCH GROUP, INC. A/K/A NJPIRG STUDENT CHAPTERS ("STUDENT CHAPTERS") IS A NON-PROFIT, STUDENT DIRECTED ORGANIZATION THAT RECRUITS AND TRAINS STUDENTS TO CONDUCT PUBLIC INTEREST RESEARCH, EDUCATES THE CAMPUS AND LOCAL COMMUNITY ABOUT CIVIC ENGAGEMENT, AND ADVOCATES FOR REAL SOLUTIONS. FROM DIRECT SERVICE TO THE COMMUNITY TO ADVOCATING FOR COMMON SENSE POLICY SOLUTIONS, STUDENT CHAPTERS MELDS THE TECHNICAL KNOWHOW OF UNIVERSITY RESEARCH AND CLASSROOM EDUCATION WITH REAL WORLD ADVOCACY AND HANDS ON EXPERIENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $178,776

Program Service Revenue $0

Investment Income $87,543

Other Revenue $0

TOTAL REVENUE $266,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,995

Fundraising Expenses $4,654

Program Expenses $168,253

Other Expenses $193,899

TOTAL EXPENSES $216,894

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,319	$600,280	-0.6%
Expenses	$216,894	$833,394	-0.7%
Net Income	$49,425	$-233,114	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

117

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARETA LU	BOARD CHAIR	15.00	Officer Director	$0	$0	$0
ROBIN LUONG	VICE CHAIR	10.00	Officer Director	$0	$0	$0
PRIYA PATEL	TREASURER	1.00	Officer Director	$0	$0	$0
ARYAN CHOKSHI	DIRECTOR (UNTIL 12/19/23)	1.00	Director	$0	$0	$0
MILO COOK	DIRECTOR	1.00	Director	$0	$0	$0
RAMA DWEKAT	DIRECTOR (UNTIL 5/9/24)	2.00	Director	$0	$0	$0
ZOE IWANIK	DIRECTOR (UNTIL 5/9/24)	5.00	Director	$0	$0	$0
JULIE JANG	DIRECTOR	15.00	Director	$0	$0	$0
ACER PAISTE	DIRECTOR (UNTIL 12/19/23)	1.00	Director	$0	$0	$0
KAREN PEREZ	DIRECTOR (UNTIL 12/19/23)	1.00	Director	$0	$0	$0
ZOE ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
BRIANNAH SHAW	DIRECTOR (UNTIL 9/13/24)	1.00	Director	$0	$0	$0
DAN XIE	ORGANIZING DIRECTOR	10.00	Officer	$0	$0	$0
EMILY KELLY-FISCHER	FINANCIAL DIRECTOR	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$266,319	$216,894	$2,450,848	$49,425
2023	$600,280	$833,394	$2,499,400	$-233,114
2022	$603,216	$609,112	$2,642,409	$-5,896
2021	$686,330	$326,604	$2,656,606	$359,726
2020	$712,152	$476,898	$2,276,020	$235,254
2019	$693,067	$322,801	$2,026,009	$370,266
2018	$565,500	$346,673	$1,821,046	$218,827

NEW JERSEY STUDENT PUBLIC INTEREST RESEARCH GROUP INC