NJ EDGE NET INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: NJ EDGE NET INC (EIN 22-3781807)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-12-23
IRS object ID: 201313579349300416
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-12-23T12:37:01-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EISNERAMPER LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 WOOD AVE SO STE 600	AddressLine1
City	ISELIN	City
State	NJ	State
ZIP Code	088302700	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	223781807	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NJEDGENET	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% GEORGE G LASKARIS	InCareOfName
Name Control	NJED	NameControl
Phone	9735965490	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	218 CENTRAL AVENUE	AddressLine1
Address Line2	Suite 5100	AddressLine2
City	NEWARK	City
State	NJ	State
ZIP Code	071021982	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GEORGE LASKARIS	Name
Title	CEO AND PRESIDENT	Title
Phone	9732935490	Phone
Date Signed	2013-12-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD A SACKIN	Name
Phone	7322437000	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GEORGE LASKARIS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	218 central avenue suite 5100	AddressLine1
City	newark	City
State	NJ	State
ZIP Code	071021982	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	6588625	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.NJEDGE.NET	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2001	YearFormation
State Legal Domicile	NJ	StateLegalDomicile
Activity Or Mission Description	See Attachment 1	ActivityOrMissionDescription
Nbr Voting Members Governing Body	21	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	20	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	6141189	ProgramServiceRevenuePriorYear
Program Service Revenue CY	6588625	ProgramServiceRevenueCY
Investment Income Prior Year	0	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	6141189	TotalRevenuePriorYear
Total Revenue Current Year	6588625	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1436755	SalariesEtcPriorYear
Salaries Etc Current Year	1572618	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4740606	OtherExpensePriorYear
Other Expenses Current Year	4307198	OtherExpensesCurrentYear
Total Expenses Prior Year	6177361	TotalExpensesPriorYear
Total Expenses Current Year	5879816	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-36172	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	708809	RevenuesLessExpensesCY
Total Assets BOY	3816884	TotalAssetsBOY
Total Assets EOY	3153773	TotalAssetsEOY
Total Liabilities BOY	1870401	TotalLiabilitiesBOY
Total Liabilities EOY	498481	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1946483	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2655292	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	NJEDGE.NET SUPPORTS NEW JERSEY'S RESEARCH AND EDUCATION COMMUNITY AS WELL AS GOVERNMENT AND INDUSTRY PARTNERSHIPS WITH ITS DEPLOYMENT OF A REGIONAL OPTICAL NETWORK PROVIDING STATEWIDE BROADBAND ACCESS AND STATE OF THE ART EMERGING TECHNOLOGIES TO ENRICH THE EDUCATIONAL AND RESEARCH MISSIONS OF ITS MEMBERS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	5211983	Expense
Revenue	6588625	Revenue
Description	NJEDGE.NET PROCURES, OPERATES AND MANAGES A STATE-WIDE NETWORK SOLEY ON BEHALF OF EDUCATIONAL AND RESEARCH INSTITUTIONS IN NJ. THIS IS A 24/7, YEAR ROUND OPERATION.	Description
Total Program Service Expense	5211983	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	21	NbrVotingGoverningBodyMembers
Number Independent Voting Members	20	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NJ	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GEORGE G LASKARIS	NamePerson
Telephone Number	9735965490	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	218 CENTRAL AVENUE SUITE 5100	AddressLine1
City	NEWARK	City
State	NJ	State
ZIP Code	071021982	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (26 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
GEORGE LASKARIS
CEO AND PRESIDENT	50.0	X	X	0	210209	16884
DENISE ROMANO
TRUSTEE	2.0	X
DON SMITH
TRUSTEE	2.0	X
JOEL BLOOM
TRUSTEE	2.0	X
James McCarthy
TRUSTEE	2.0	X
EDWARD CHAPEL
TRUSTEE	2.0	X
SR ROSEMARY JEFFRIES
TRUSTEE	2.0	X
CAROL KONDRACH
TRUSTEE	2.0	X
NEAL STURM
TRUSTEE	2.0	X
EDWARD YAW
TRUSTEE	2.0	X
STEVEN ROSE
TRUSTEE	2.0	X
JACK FARRELL
TRUSTEE	2.0	X
MICHAEL RASIMOWICZ
TRUSTEE	2.0	X
LAURENCE COCCO
TRUSTEE	2.0	X
David Ullman
Trustee	2.0	X
Susan Henderson
Trustee	2.0	X
Harvey Kesselman
Trustee	2.0	X
Kathleen Waldron
Trustee	2.0	X
Eugene Cornaccia
Trustee	2.0	X
Patrick Progar
Trustee	2.0	X
Susan Bowen
Trustee	2.0	X
BRIAN GATELY
DEPUTY EXECUTIVE DIRECTOR	50.0				175475	16884	X
Sujay Daniel
NETWORK ARCHITECT	50.0				165550	21105	X
SHERI PRUPIS
Vice President	50.0				115574	21105	X
JAmes STANKIEWICZ
DIRECTOR- INTERNET Engineering	50.0				127306	21105	X
Bruce D Tyrrell
Program Manager	50.0				121420		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	915534	TotalReportableCompFrmRltdOrgs
Total Other Compensation	97083	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	ERIC KULMALA	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	41 PAGE DRIVE	AddressLine1
City	OAKLAND	City
State	NJ	State
ZIP Code	07436	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	ADVANCED TECHNOLOGY	DescriptionOfServices
Compensation	114750	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MEMBERSHIP REVENUE	611710	6269253	6269253
LICENSING REVENUE	611710	248229	248229
OTHER PROGRAM SERVICE REVENUE	611710	71143	71143

Field	Value	IRS element (for citing)
Total Program Service Revenue	6588625	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	6588625	TotalRevenueColumn
Related Or Exempt Function Income	6588625	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	209000	Total
Program Services	133760	ProgramServices
Management And General	75240	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1208173	Total
Program Services	796909	ProgramServices
Management And General	411264	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	155445	Total
Program Services	99485	ProgramServices
Management And General	55960	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	386336	Total
Program Services	386336	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	82880	Total
Management And General	82880	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	17587	Total
Management And General	17587	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	18148	Total
Program Services	14419	ProgramServices
Management And General	3729	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	11790	Total
Program Services	3751	ProgramServices
Management And General	8039	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	84624	Total
Program Services	84624	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	18533	Total
Program Services	11656	ProgramServices
Management And General	6877	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	126809	Total
Program Services	126809	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	14952	Total
Program Services	14952	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	264757	Total
Program Services	264757	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
MEMBER NETWORK	2887664	2886114	1550
EQUIPMENT RENTAL	320424	320424
COMPUTER EQUIPMENT	103885	102394	1491
BAD DEBT	-70000	-70000

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	38809	Total
Program Services	35593	ProgramServices
Management And General	3216	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5879816	Total
Program Services	5211983	ProgramServices
Management And General	667833	ManagementAndGeneral
Fundraising	0	Fundraising

Field	Value	IRS element (for citing)
Info In Schedule O Part X	X	InfoInScheduleOPartX

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	807409	BOY
EOY	136869	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	85785	BOY
EOY	7091	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1286372	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	717771	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	745394	BOY
EOY	568601	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	127520	BOY
EOY	112200	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2050776	BOY
EOY	2329012	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	3816884	BOY
EOY	3153773	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	760481	BOY
EOY	94680	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	132417	BOY
EOY	157560	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	948905	BOY
EOY	162331	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	28598	BOY
EOY	83910	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1870401	BOY
EOY	498481	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1946483	BOY
EOY	2655292	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1946483	BOY
EOY	2655292	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3816884	BOY
EOY	3153773	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	708809	ReconcilationRevenueExpenses
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5960592	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5273746	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5702690	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6141189	CurrentTaxYearMinus1Year
Current Tax Year	6588625	CurrentTaxYear
Total	29666842	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Total	0	Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

Field	Value	IRS element (for citing)
Total	0	Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5960592	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5273746	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5702690	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6141189	CurrentTaxYearMinus1Year
Current Tax Year	6588625	CurrentTaxYear
Total	29666842	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	29666842	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Total	0	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Total	0	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Total	0	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5960592	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5273746	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5702690	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6141189	CurrentTaxYearMinus1Year
Current Tax Year	6588625	CurrentTaxYear
Total	29666842	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	1.00000	PublicSupportPercentage509
Prior Year Support Percentage	1.00000	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Current Year Minus3 Years		CurrentYearMinus3Years
Current Year Minus4 Years		CurrentYearMinus4Years
Land		Land
Buildings		Buildings
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1286372	OtherCostOrOtherBasis
Depreciation	717771	Depreciation
Book Value	568601	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	568601	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	DUE FROM NJIT	Description
Book Value	2329012	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	2329012	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	EQUIPMENT PURCHASE	Description
Amount	$83,910	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	83910	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	6658625	TotRevenueEtcAuditedFinclStmt
Other Revenues	70000	OtherRevenues
Revenue Not Rptd F990	70000	RevenueNotRptdF990
Revenue Subtotal	6588625	RevenueSubtotal
Total Revenue Per Form990	6588625	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5949816	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	5949816	ExpensesSubtotal
Other Expenses Not Included	-70000	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	-70000	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	5879816	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	ExplanationExplanation
PART X, LINE 2:	Accounting for Uncertainty in Income Taxes clarifies the accounting for income taxes recognized in an enterprise's financial statements. Management has analyzed the tax positions taken by the Organization and has concluded that as of June 30, 2013 and 2012, there are no uncertain tax positions taken or expected to be taken that would require the recognition of a liability or disclosure in the financial statements. The Organization recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax-related interest and penalties recorded for June 30, 2013 and 2012. The income tax returns of the Organization for June 30, 2012, 2011 and 2010 are subject to examination by the IRS and other various taxing authorities, generally for three years after they were filed.
Part XI, Line 4d	Bad Debt Recovery $70,000
Part XII, Line 4b	Bad Debt Recovery -$70,000

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
GEORGE LASKARIS
CEO AND PRESIDENT	0	210209	0	0	0	0	0	0	0	16884	0	227093	0
BRIAN GATELY
DEPUTY EXECUTIVE DIRECTOR		175475								16884		192359	0
Sujay Daniel
NETWORK ARCHITECT		165550								21105		186655

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11B:	THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FEDERAL FORM 990 BEFORE FINAL FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 15:	THE BOARD OF TRUSTEES DETERMINES COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19:	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.