2024-05-13T07:18:10-05:00 2023-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2022-07-01 223108914 New Jersey Association for Justice Educational Foundation Inc % CORNELIUS LARKIN NEWJ 6093960096 150 West State Street Trenton NJ 08608 CORNELIUS LARKIN executive director 6093960096 2023-11-15 true CORNELIUS LARKIN 999009999 Brian E Bender P01305467 7328281614 3 2022 2023-04-26 12:10:37Z CORNELIUS LARKIN 150 West State Street Trenton NJ 08608 2049191 false X WWW.NJ-JUSTICE.ORG X 1990 NJ ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING ENCOURAGING LEGAL ADVOCACY AND LITIGATION IN THE PUBLIC INTEREST. 9 9 0 9 0 22415 22110 1737030 2027024 293 -1888 0 0 1759738 2047246 0 0 0 0 623283 573797 0 0 0 1218278 1476332 1841561 2050129 -81823 -2883 834128 1146543 845824 1141921 -11696 4622 X THE NEW JERSEY ASSOCIATION FOR JUSTICE EDUCATIONAL FOUNDATION, INC. (THE "FOUNDATION"), IS A NEW JERSEY NON-PROFIT CORPORATION. THE FOUNDATION IS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING ENCOURAGING LEGAL ADVOCACY AND LITIGATION IN THE PUBLIC INTEREST ON SUBSTANTIVE ISSUES OF HEALTH, SAFETY, CONSUMER RIGHTS, AND CIVIL LIBERTIES, BY, AMONG OTHER THINGS, PREPARING MATERIALS AND CONDUCTING EDUCATIONAL PROGRAMS FOR ATTORNEYS AND THE PUBLIC, PREPARING MATERIALS TO INFORM THE GENERAL PUBLIC ABOUT THE ROLE OF TRIAL LAWYERS IN FURTHERING PUBLIC JUSTICE, AND PROVIDING FUNDS TO ORGANIZATIONS WHICH ARE ENGAGED IN PUBLIC INTEREST OR ADVOCACY. THE FOUNDATION'S ACTIVITIES ARE PRIMARILY SEMINARS FOR MEMBERS OF THE NEW JERSEY ASSOCIATION FOR JUSTICE, INC. AND PUBLIC EDUCATION. false false 1465953 2027024 SEMINARS - CONTINUING EDUCATION PROGRAMS FOR ATTORNEYS AND TO BENEFIT THE GENERAL PUBLIC. 1465953 true false false false false false false false false true true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 9 9 false false false false true false false true true false false true true true true true true true false false NJ X CORNELIUS LARKIN 6093960096 150 WEST STATE STREET TRENTON NJ 08608 CORNELIUS J LARKIN CAE CMP EXECUTIVE DIRECTOR 1.0 55.0 X 0 465034 32020 LYNNE M KIZIS ESQ TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA M GIORDANO ESQ CHAIR 1.0 0.0 X X 0 0 0 GERALD H BAKER ESQ TREASURER 1.0 0.0 X X 0 0 0 KATHLEEN M REILLY ESQ TRUSTEE 1.0 0.0 X 0 0 0 Adam B Lederman Esq VICE CHAIR 1.0 0.0 X X 0 0 0 RICHARD J ALBUQUERQUE ESQ SECRETARY 1.0 0.0 X X 0 0 0 Norberto A Garcia Esq TRUSTEE 1.0 0.0 X 0 0 0 JONATHAN H LOMURRO ESQ TRUSTEE 1.0 0.0 X 0 0 0 James S Lynch Esq TRUSTEE 1.0 0.0 X 0 0 0 0 465034 32020 0 false true false 0 22110 22110 SEMINARS 611710 2025827 2025827 OTHER PROGRAM REVENUE 511120 1197 1197 2027024 57 57 0 0 0 0 0 1945 -1945 -1945 -1945 0 0 0 0 0 0 0 0 0 0 2047246 2027024 -1888 0 0 0 0 0 0 470543 376435 94108 0 69594 55675 13919 33660 26928 6732 0 335 335 49920 49920 0 0 0 146614 146614 0 192967 27990 164977 0 0 86568 86568 16416 6880 9536 0 705828 703388 2440 551 551 0 7904 7904 2858 2286 572 TRADEMARK LEASE 266371 266371 2050129 1465953 584176 0 X 0 0 807928 811054 0 0 1695 21774 0 0 0 0 0 0 0 0 6839 5575 209824 206031 14862 3793 0 0 0 0 0 0 0 0 2804 304347 834128 1146543 300602 282762 0 0 146805 173897 0 0 0 0 0 0 8169 0 0 0 390248 685262 845824 1141921 X -88223 -70895 76527 75517 -11696 4622 834128 1146543 X -2883 19201 X false true X true false X 20560 19565 24925 22415 22110 109575 2143751 759716 1659970 1737030 2027024 8327491 0 0 0 2164311 779281 1684895 1759445 2049134 8437066 12059 8940 0 0 0 20999 0 12059 8940 0 0 0 20999 8416067 742 830 517 293 57 2439 0 742 830 517 293 57 2439 0 0 2165053 780111 1685412 1759738 2049191 8439505 0.99722 0.99560 0.00029 0.00040 X 76517 1000 75517 77517 1000 76517 78517 1000 77517 78517 78517 79517 1000 78517 0.00000 0.00000 1.00000 false false 177279 173486 3793 32545 32545 0 3793 RIGHT OF USE ASSET 298994 DUE FROM NJAJ PAC 5353 304347 0 DUE TO NJAJ 385416 LEASE LIABILITY 299846 685262 X 2049191 1945 1945 2047246 2047246 2052074 1945 1945 2050129 2050129 SCHEDULE D, PART V During the year ended June 30, 2009, the Association transferred to the Foundation a temporarily restricted scholarship fund known as the "Herbert Greenstone Award Fund". In addition, New Jersey Association for Justice, Inc. transferred funds which were restricted for the construction of a new building. The organization's temporarily restricted accumulated funds at June 30, 2023 and 2022 were $ 75,517 and $ 76,517, respectively. SCHEDULE D, PART X THE ASC 740 FOOTNOTE BELOW IS FROM THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023: The Foundation followed the provisions of authoritative guidance on accounting for uncertainty in income taxes for the years ended June 30, 2023 and 2022. Under this guidance, tax positions are evaluated for recognition using a more-likely-than-not threshold, and those tax positions requiring recognition are measured at the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. The Foundation has evaluated the likelihood of their tax exempt status being challenged as remote. Accordingly, the Foundation has not included any income tax provisions or any potential liabilities for taxes on unrelated business income, including interest and penalties, in the financial statements related to potential violations of their tax exempt status. There were no interest or penalties reflected on these financial statements. SCHEDULE D, PART XI, line 2d Loss on disposal of asset - $1,945 SCHEDULE D, PART XII, line 2d Loss on disposal of asset - $1,945 false false false false false false false true false CORNELIUS J LARKIN CAE CMP EXECUTIVE DIRECTOR 0 310130 0 154904 0 0 0 11520 0 20500 0 497054 0 0 CORE FORM, PART VII AND SCHEDULE J IN ACCORDANCE WITH FORM 990 INSTRUCTIONS FOR ORGANIZATIONS WITH A FISCAL YEAR-END, TAXABLE COMPENSATION REPORTED HEREIN IS DERIVED FROM 2022 FORMS W-2. SCHEDULE J, PART I; QUESTION 7 AN INDIVIDUAL INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2022 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN THE INDIVIDUAL'S 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION. CORE FORM, PART VI, SECTION B; QUESTION 11B THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY (ITS BOARD OF TRUSTEES) PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). IN ADDITION, THE ORGANIZATION'S EXECUTIVE DIRECTOR PERFORMED A DETAILED REVIEW PRIOR TO PROVIDING IT TO EACH VOTING MEMBER OF ITS BOARD OF TRUSTEES. THE ORGANIZATION'S BOARD OF TRUSTEES HAS BEEN DELEGATED THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S MANAGEMENT PERSONNEL AND VARIOUS OTHER INDIVIDUALS ("INTERNAL WORKING GROUP") TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S INTERNAL WORKING GROUP FOR THEIR REVIEW. THE INTERNAL WORKING GROUP REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S INTERNAL WORKING GROUP FOR FINAL REVIEW AND APPROVAL. THE FINAL FORM 990 WAS THEN PRESENTED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. CORE FORM, PART VI, SECTION B; QUESTION 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION'S BOARD CHAIRMAN AND REVIEWED ACCORDINGLY. THE CHAIRMAN THEN PROVIDES THE COMPLETED QUESTIONAIRES TO THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. IF AN INDIVIDUAL DISCLOSES AN INTEREST THAT COULD GIVE RISE TO A CONFLICT, THE INDIVIDUAL'S POTENTIAL CONFLICT IS DISCLOSED TO THE BOARD OF TRUSTEES, WHO EVALUATE THE CONFLICT AND ITS POTENTIAL IMPACT. CORE FORM, PART VI, SECTION B; QUESTION 15A THIS ORGANIZATION is affiliated through common governing bodies, trustees and officers with the New Jersey Association for Justice, Inc. ("njaj"); an exempt organization under Internal Revenue Code Section 501(c)(6). THIS FILING ORGANIZATION ITSELF HAS NO PAID EMPLOYEES RECEIVING COMPENSATION DIRECTLY FROM THIS ORGANIZATION. RATHER, THE ORGANIZATION'S EXECUTIVE DIRECTOR IS EMPLOYED BY NJAJ. THE COMPENSATION AND BENEFITS OF THE EXECUTIVE DIRECTOR IS SHOWN ON THIS TAX RETURN BECAUSE HE IS A KEY EMPLOYEE OF THE ORGANIZATION. ACCORDINGLY, THE NJAJ BOARD OF GOVERNORS HAS AN EXECUTIVE COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE'S REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF THE EXECUTIVE DIRECTOR IS REASONABLE. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING WHICH ARE PROVIDED TO THE BOARD.THE ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ENABLE THE ORGANIZATION TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF CERTAIN MEMBERS OF THE SENIOR MANAGEMENT TEAM, INCLUDING THE EXECUTIVE DIRECTOR. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING:1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT;2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION IN THE MINUTES. CORE FORM, PART VI, SECTION C; QUESTION 19 THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. CORE FORM, PART VII, SECTION A, COLUMN B THIS ORGANIZATION IS RELATED TO TWO OTHER NOT FOR-PROFIT ORGANIZATIONS AS REFLECTED IN SCHEDULE R OF THIS FORM 990. CERTAIN BOARD OF TRUSTEE MEMBERS AND THE EXECUTIVE DIRECTOR LISTED ON CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 MAY HOLD SIMILAR POSITIONS WITH BOTH THIS ORGANIZATION AND OTHER RELATED ORGANIZATIONS. THE HOURS SHOWN ON THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE NO COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, REPRESENT THE ESTIMATED HOURS DEVOTED PER WEEK FOR THIS ORGANIZATION. TO THE EXTENT THESE INDIVIDUALS SERVE AS A MEMBER OF THE BOARD OF TRUSTEES/GOVERNORS OF OTHER RELATED ORGANIZATIONS, THEIR RESPECTIVE HOURS PER WEEK PER ORGANIZATION ARE APPROXIMATELY ONE HOUR EXCEPTING THOSE INDIVIDUALS WHO SERVE AS OFFICERS OF THIS ORGANIZATION OR A RELATED ORGANIZATION, WHEREIN THEIR AVERAGE HOURS PER WEEK ARE APPROXIMATELY FIVE HOURS. THE HOURS REFLECTED ON CORE FORM, PART VII OF THIS FORM 990 FOR THE EXECUTIVE DIRECTOR REFLECT TOTAL HOURS WORKED PER WEEK ON BEHALF OF ALL RELATED ORGANIZATIONS; NOT SOLELY THIS ORGANIZATION. CORM FORM, PART XII, QUESTION 2 AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THE TAXPAYER FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. AN UNMODIFIED OPINION WAS ISSUED BY THE INDEPENDENT CPA FIRM. THE ORGANIZATION'S BOARD OF TRUSTEES HAS ASSUMED THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. NEW JERSEY ASSOCIATION FOR JUSTICE INC 150 WEST STATE STREET TRENTON NJ 08608 222067423 PROF. SOCIETY NJ 501(C)(6) N/A NA false NEW JERSEY ASSOCIATION FOR JUSTICE PAC 150 WEST STATE STREET TRENTON NJ 08608 222998054 PAC NJ 527 N/A NJAJ false false false false false false false false false false false true false true true true true false true true NEW JERSEY ASSOCIATION FOR JUSTICE INC KMNOP 650000 COST SCHEDULE R, PART V THIS ORGANIZATION IS AFFILIATED THROUGH COMMON GOVERNING BODIES, TRUSTEES AND OFFICERS WITH THE NEW JERSEY ASSOCIATION FOR JUSTICE, INC.("NJAJ"); AN EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). NJAJ ROUTINELY PAYS EXPENSES FOR THE FOUNDATION. THE FOUNDATION PAID NJAJ $650,000 AND $680,000 FOR THE YEARS ENDED JUNE 30, 2023, AND 2022, RESPECTIVELY, FOR ADMINISTRATIVE SERVICES PROVIDED, WHICH INCLUDE ALLOCATION OF SALARIES, PAYROLL TAX EXPENSE AND VARIOUS EXPENSES OF SHARED OFFICE FACILITIES.