NEW JERSEY SCHOOL ADMINISTRATORS EDUCATION AND RESEARCH FOUNDATION

EIN: 222228081 501(c)(3) Education

TRENTON, NJ

Total Revenue
$597,528
Total Expenses
$671,463
Total Assets
$91,349
Net Assets
$-451,043
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
NJ
Principal Officer
MARY CAPASSO
Phone
6095992900
Tax Period
2022-07-01 to 2023-06-30

NEW JERSEY SCHOOL ADMINISTRATORS EDUCATION AND RESEARCH FOUNDATION, founded in 1940, is a small nonprofit in the Education sector that reported $598K in total revenue in fiscal year 2022. Expenses of $671K exceeded revenue, resulting in a 12% operating deficit.

Mission

NEW JERSEY SCHOOL ADMINISTRATORS EDUCATION RESEARCH FOUNDATION (NJSAERF) MISSION IS TO SUPPORT THE LEARNING RESEARCH EFFORTS OF THE NJASA, AND OPTIMIZE THE PROFESSIONAL DEVELOPMENT OF NEW JERSEY'S PUBLIC SCHOOL LEADERS TO ENSURE A SUPERIOR STATEWIDE EDUCATION SYSTEM. THE FOUNDATION'S GOAL IS TO CONDUCT AND DISTRIBUTE INFLUENTIAL RESEARCH TO NEW JERSEY STAKEHOLDERS WHO EFFECT EDUCATIONAL REGULATIONS, LEGISLATION AND POLICY.

Program Service Accomplishments

Program 1
Expenses: $453,821 Revenue: $597,528

EDUCATION SERVICES:RESIDENCY PROGRAM: NEW JERSEY ASSOCIATION OF SCHOOL ADMINISTRATORS OFFERS THE RESIDENCY PROGRAM AS THE CAPSTONE LEARNING EXPERIENCE THAT WILL RESULT IN ATTAINMENT OF THE STANDARD...

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EDUCATION SERVICES:RESIDENCY PROGRAM: NEW JERSEY ASSOCIATION OF SCHOOL ADMINISTRATORS OFFERS THE RESIDENCY PROGRAM AS THE CAPSTONE LEARNING EXPERIENCE THAT WILL RESULT IN ATTAINMENT OF THE STANDARD SCHOOL ADMINISTRATOR CERTIFICATE.HISTORY: IN THE FALL OF 2012, NJASA APPEALED TO THE NEW JERSEY DEPARTMENT OF EDUCATION (DOE) TO MAKE REVISIONS TO THE RESIDENCY PROGRAM THAT WOULD IMPROVE OUR PRACTICE, ENHANCE ACCOUNTABILITY, AND ADDRESS THE INADEQUACIES OF THE PREVIOUS RESIDENCY PROGRAM FOR SCHOOL ADMINISTRATORS IN NEW JERSEY. DOE AND NJASA CONDUCTED FOCUS GROUPS OF RECENT RESIDENTS TO IDENTIFY ELEMENTS OF THE PROGRAM IN NEED OF IMPROVEMENT. ADDITIONALLY, NJASA SURVEYED AASA AFFILIATES ACROSS THE COUNTRY ABOUT THEIR POLICIES AND PRACTICE.DOE ISSUED A REQUEST FOR QUALIFICATIONS, SOLICITING PROFESSIONAL ORGANIZATIONS, AGENCIES AND UNIVERSITIES TO ADMINISTER THE NJSARP(NEW JERSEY SCHOOL ADMINISTRATORS RESIDENCY PROGRAM) ON BEHALF OF THE STATE. DESPITE NUMEROUS APPLICATIONS, THE NJASA WAS NAMED AS THE SOLE PROVIDER FOR SCHOOL ADMINISTRATORS. THE CURRENT PROGRAM REFLECTS THE FRAMEWORK AND DESIGN REQUIRED BY THE DOE, AS WELL AS BY RESEARCH AND BEST PRACTICE.THE NJSARP IS A HIGHLY INDIVIDUALIZED AND PERSONALIZED DESIGN, BASED ON THREE INTERRELATED COMPONENTS:MENTOR SUPPORTNEW SUPERINTENDENTS' ACADEMY (NSA), A SYSTEM OF PROFESSIONAL DEVELOPMENT EXPERIENCES FOCUSED ON THE COMMON NEEDS AND INTERESTS OF FIRST TIME SCHOOL DISTRICT LEADERS. NETWORKS OF PROFESSIONAL SUPPORT, BUILDING UPON THE FOUNDATION OF COHORT RELATIONSHIPS AMONG RESIDENTS AND MENTOR, AND MANY NETWORKS OF PROFESSIONAL SUPPORT THROUGHOUT THE STATE.

Program 2
Expenses: $113,456

MEMBERSHIP SERVICES:IN ADDITION TO OFFERING PROFESSIONAL DEVELOPMENT, CONFERENCES AND PUBLICATIONS TO MEMBERSHIP, NJASA/NJSAERF MEMBERSHIP OFFERS:LEGISLATIVE SERVICES: NJASA/NJSAERF PROVIDES A...

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MEMBERSHIP SERVICES:IN ADDITION TO OFFERING PROFESSIONAL DEVELOPMENT, CONFERENCES AND PUBLICATIONS TO MEMBERSHIP, NJASA/NJSAERF MEMBERSHIP OFFERS:LEGISLATIVE SERVICES: NJASA/NJSAERF PROVIDES A UNIFIED VOICE FOR MEMBERS ON ISSUES AFFECTING FUNDING AND THE DAILY OPERATIONS FOR NEW JERSEY PUBLIC SCHOOLS.THE ASSOCIATION VIGOROUSLY AND PROACTIVELY REPRESENTS MEMBERS' INTERESTS BEFORE THE NEW JERSEY LEGISLATURE, NEW JERSEY ADMINISTRATION, AND WHEN NECESSARY THE JUDICIAL SYSTEM.THE ASSOCIATION REVIEWS LEGISLATION IMPACTING EDUCATION AND REPRESENTS MEMBERS' INTEREST BEFORE THE GOVERNOR'S OFFICE AND NEW JERSEY LEGISLATURE.LEGAL SERVICES: THE LEGAL DEPARTMENT KEEPS MEMBERS ADVISED OF NEW CHANGES IN THE LAWS, NEW CASE LAW INTERPRETATIONS OF EXISTING LAWS AND NEW POLICY SUGGESTIONS TO ARTICULATE AND IMPLEMENT COMPLIANCE WITH LEGAL GUIDELINES AND MANDATES. IN ADDITION TO INFORMATION AND LEGAL COUNSEL, THE LEGAL DEPARTMENT PROVIDES DIRECT LEGAL REPRESENTATION TO PROTECT MEMBER RIGHTS IN SITUATIONS SUCH AS TENURE CHARGES, SALARY INCREMENT WITHHOLDING, IMPROPER DEMOTION AND OTHER EMPLOYMENT RELATED CONTROVERSIES THAT MAY BE BROUGHT BEFORE THE COMMISSIONER OF EDUCATION.

Program 3

PUBLICATIONS: NJASA/NJSAERF DELIVERS EDUCATION-SPECIFIC NEWS AND INFORMATION TO MEET THE UNIQUE NEEDS OF SCHOOL SYSTEM LEADERS. MANY OF THESE PUBLICATIONS ARE OFFERED AS A BENEFIT OF MEMBERSHIP. ALL...

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PUBLICATIONS: NJASA/NJSAERF DELIVERS EDUCATION-SPECIFIC NEWS AND INFORMATION TO MEET THE UNIQUE NEEDS OF SCHOOL SYSTEM LEADERS. MANY OF THESE PUBLICATIONS ARE OFFERED AS A BENEFIT OF MEMBERSHIP. ALL ARE ONLINE PUBLICATIONS.ON TARGET IS A BI-MONTHLY PUBLICATION FILLED WITH INFORMATIVE ARTICLES WRITTEN TO HELP YOU WITH YOUR EVERYDAY CHALLENGES.THE SOURCE ENEWSLETTER IS A BI-WEEKLY ALERT DESIGNED TO PROVIDE TIMELY NEWS BRIEFS.EYES ON THE NEW JERSEY STATE BOARD OF EDUCATION IS A MONTHLY NEWSLETTER TO KEEP MEMBERS ABREAST OF WHAT IS HAPPENING AT THE NEW JERSEY STATE BOARD OF EDUCATION.AHEAD ON STATE STREET NJASA AT THE CAPITOL LEGISLATIVE UPDATE IS PUBLISHED SEVERAL TIMES PER MONTH TO KEEP MEMBERS INFORMED OF ALL-IMPORTANT EDUCATION-RELATED LEGISLATIVE ISSUES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $597,528
Investment Income $0
Other Revenue $0
TOTAL REVENUE $597,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $378,189
Fundraising Expenses $0
Program Expenses $567,277
Other Expenses $293,274
TOTAL EXPENSES $671,463

Year-over-Year Comparison

2022 2021 Change
Revenue $597,528 $578,531 +0.0%
Expenses $671,463 $654,950 +0.0%
Net Income $-73,935 $-76,419 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
4
$418,084
Total Directors
5
$265,154
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN ZYCHOWSKI PRESIDENT 2.00
Officer Director
$0 $0 $0
PEG DOLAN SECRETARY 2.00
Officer Director
$0 $0 $0
RICHARD BOZZA TREASURER 5.00
Officer Director
$28,044 $10,206 $265,154
DAVID SCELBA TRUSTEE 2.00
Director
$0 $0 $0
MORT REINHART TRUSTEE 2.00
Director
$0 $0 $0
MARY CAPASSO EXECUTIVE DIRECTOR 20.00
Officer
$71,110 $10,710 $152,930
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 No data No data No data No data
2023 $597,528 $671,463 $91,349 $-73,935
2022 $578,531 $654,950 $91,333 $-76,419
2021 $536,856 $674,960 $91,521 $-138,104
2020 $686,197 $675,170 $78,055 $11,027
2019 $637,975 $737,902 $55,304 $-99,927
2018 $618,180 $621,733 $24,959 $-3,553
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