Focus Nj Inc
- Assets
- $258.6k
- Revenue
- $205.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 83-4568201
Organization Overview
Focus Nj Inc is located in Trenton, NJ. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Focus NJ Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOCUS NJ IS A NON-PROFIT ORGANIZATION THAT RESEARCHES AND ANALYZES PUBLIC POLICY, INDUSTRY TRENDS AND ECONOMIC INDICATORS IMPACTING THE GARDEN STATE'S OVERALL AFFORDABILITY, WORKFORCE AND COMPETITIVENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC TRENDS: TO ENSURE NEW JERSEY IS COMPETITIVE AND AFFORDABLE, IT IS IMPERATIVE TO EVALUATE OUR STATE'S ATTRACTABILITY WITH RESPECT TO GDP, EMPLOYMENT, WAGE GROWTH, ADJUSTED GROSS INCOME AND THE OUTMIGRATION OF BOTH THE STATE'S WEALTH AND YOUNG ADULTS.EDUCATION: TO BEST PREPARE FOR THE WORKFORCE NEEDS OF THE FUTURE, NEW JERSEY MUST MAINTAIN AND RETAIN A HIGHLY EDUCATED POPULATION. THIS CAN BE DONE THROUGH THE PROMOTION OF K-12 AND POSTSECONDARY EDUCATION, EXPERIENTIAL LEARNING, STACKABLE CREDENTIALS AND DEGREES, AND CAREER-FOCUSED CURRICULA.WORKFORCE DEVELOPMENT: WITH THE ECONOMY CHANGING AT A RAPID PACE, BUSINESS, GOVERNMENT AND ACADEMIA MUST COLLABORATE TO PROVIDE CAREER PATHWAYS AND PUBLIC-PRIVATE PARTNERSHIPS THAT KEEP THE JOBS OF THE FUTURE AT THE FOREFRONT OF CONVERSATION TODAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Siekerka Chair | OfficerTrustee | 0.5 | $0 |
Chrissy Buteas Trustee | Trustee | 0.5 | $0 |
Stephen Chapman Trustee | Trustee | 0.5 | $0 |
Catherine Milone Treasurer | OfficerTrustee | 0.5 | $0 |
Bernie Corrigan Trustee | Trustee | 0.5 | $0 |
Chris Emigholz Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,324 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $5,708 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,053 |
| All other expenses | $0 |
| Total functional expenses | $63,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,638 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $258,638 |
| Accounts payable and accrued expenses | $20,591 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,591 |
| Net assets without donor restrictions | $238,047 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $258,638 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burning Glass Institute Bala Cynwyd, PA | $575,842 | $2,266,294 |
Labor Institute Inc New York, NY | $1,523,967 | $1,153,840 |
Putting New Yorkers To Work Inc New York, NY | $80,506 | $555,000 |
Aleria Research Corporation New York, NY | $44,521 | $0 |
Focus Nj Inc Trenton, NJ | $258,638 | $205,000 |
Laundry Industry Fund Inc White Plains, NY | $412,064 | $0 |