BIONJ INC

EIN: 223284393

TRENTON, NJ

Total Revenue
$3,792,288
Total Expenses
$4,010,775
Total Assets
$1,000,781
Net Assets
$480,484
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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
1994
Legal Domicile
NJ
Principal Officer
DEBBIE HART
Phone
6098903185
Tax Period
2024-01-01 to 2024-12-31

BIONJ INC, founded in 1994, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

BIONJ IS A POWERFUL NETWORK OF 400 MEMBER COMPANIES REPRESENTING RESEARCH-BASED LIFE SCIENCES COMPANIES AND STAKEHOLDERS. BECAUSE PATIENTS CAN'T WAIT, WE ARE DEDICATED TO PROPELLING THE RICH INNOVATION ECOSYSTEM IN THE NEW JERSEY REGION TO STIMULATE AND SUPPORT INNOVATION, IMPROVE AND SAVE LIVES, AND LOWER THE HURDLES OF HEALTHCARE AND ADVANCEMENTS FOR SOCIETY. AS THE INDUSTRY'S VOICE IN NEW JERSEY, WE FULFILL OUR MISSION BY ENSURING THAT: SCIENCE IS SUPPORTED, COMPANIES ARE CREATED, DRUGS ARE DEVELOPED AND PATIENTS ARE PARAMOUNT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $2,951,898
Investment Income $44,919
Other Revenue $720,471
TOTAL REVENUE $3,792,288

Expense Breakdown

Grants Paid $7,200
Salaries & Benefits $2,586,736
Fundraising Expenses $0
Other Expenses $1,416,839
TOTAL EXPENSES $4,010,775

Year-over-Year Comparison

2024 2023 Change
Revenue $3,792,288 $3,493,103 +0.1%
Expenses $4,010,775 $3,573,025 +0.1%
Net Income $-218,487 $-79,922 +1.7%
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

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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
22

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
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE HART PRESIDENT/CEO 1.0
Officer Director
$0 $0 $0
EMER LEAHY CHAIR 1.0
Officer Director
$0 $0 $0
SAMUELE BUTERA VICE CHAIR 1.0
Officer Director
$0 $0 $0
CHRISTOPHER MORTKO SECRETARY 1.0
Officer Director
$0 $0 $0
JAYNE C GERSHKOWITZ TREASURER 1.0
Officer Director
$0 $0 $0
SOL J BARER BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN MAKI BOARD MEMBER 1.0
Director
$0 $0 $0
ANTHONY S MARUCCI BOARD MEMBER 1.0
Director
$0 $0 $0
CHRISTOPHER J SCHABER BOARD MEMBER 1.0
Director
$0 $0 $0
Christine Ann Miller BOARD MEMBER 1.0
Director
$0 $0 $0
Michael Schoen BOARD MEMBER 1.0
Director
$0 $0 $0
WILL LEWIS BOARD MEMBER 1.0
Director
$0 $0 $0
Christopher Cozic BOARD MEMBER 1.0
Director
$0 $0 $0
Matthew Klein BOARD MEMBER 1.0
Director
$0 $0 $0
ALEXANDRA C GRUENER BOARD MEMBER 1.0
Director
$0 $0 $0
CARRIE BROWN BOARD MEMBER 1.0
Director
$0 $0 $0
Robert Zamboldi BOARD MEMBER 1.0
Director
$0 $0 $0
Scott Megaffin BOARD MEMBER 1.0
Director
$0 $0 $0
Susan Levinson BOARD MEMBER 1.0
Director
$0 $0 $0
Wendy Short Bartie BOARD MEMBER 1.0
Director
$0 $0 $0
GREGORY OAKES BOARD MEMBER 1.0
Director
$0 $0 $0
SPIRO ROMBOTIS BOARD MEMBER 1.0
Director
$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
2024 $3,792,288 $4,010,775 $1,000,781 $-218,487
2023 $3,493,103 $3,573,025 $1,534,100 $-79,922
2022 $3,338,822 $3,189,901 $1,672,375 $148,921
2021 $2,659,046 $2,569,331 $1,523,454 $89,715
2020 $2,657,111 $2,848,737 $1,433,739 $-191,626
2019 $3,133,794 $4,109,308 $1,637,144 $-975,514
2018 $4,853,433 $3,173,404 $2,612,658 $1,680,029
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