NJRC Audit Reports

The New Jersey Reentry Corporation (NJRC) publishes annual audit reports, these reports are available for the fiscal years:

  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

This page provides links to download the audit reports for each fiscal year listed above.

The purpose of the NJRC audit reports is to provide an independent, objective review and assessment of the financial statements and operations of the New Jersey Reentry Corporation (NJRC). The audit reports aim to ensure transparency, accountability, and compliance with relevant laws, regulations, and accounting standards for the non-profit organization. Audits are typically conducted annually by an external, independent auditing firm. They examine the NJRC's financial records, internal controls, and operational processes to verify the accuracy and integrity of the reported financial information and to identify any potential areas of concern or improvement. The audit reports serve as a means of oversight and assurance for stakeholders, including the public, government agencies, and funding sources, regarding the proper management and utilization of the NJRC's resources.

The NJRC audit reports play a crucial role in improving public safety by ensuring transparency, accountability, and effective utilization of resources within the organization. Here's how the audit reports contribute to enhancing public safety:

  1. Financial Oversight and Compliance: The audit reports provide an independent review of the NJRC's financial statements, internal controls, and operational processes. This oversight helps ensure that the organization's funds are being properly managed and utilized for their intended purposes, such as providing reentry services, job training, and support programs for formerly incarcerated individuals. Proper financial management and compliance with regulations are essential for the NJRC to effectively carry out its mission and contribute to successful reintegration, reducing recidivism rates.
  2. Program Evaluation and Improvement: The audit reports may identify areas for improvement or make recommendations regarding the NJRC's programs and services. By addressing these recommendations, the organization can enhance the effectiveness of its reentry initiatives, which directly contribute to reducing the likelihood of reoffending and improving public safety outcomes.
  3. Stakeholder Confidence: The audit reports promote transparency and accountability to stakeholders, including government agencies, funding sources, and the general public. This transparency helps build trust and confidence in the NJRC's operations, ensuring continued support and resources for its public safety-focused programs.
  4. Risk Mitigation: Audits can identify potential risks or vulnerabilities within the organization, such as weaknesses in internal controls or compliance issues. By addressing these risks, the NJRC can mitigate potential threats to public safety, such as misuse of funds or ineffective program implementation.

By providing an independent and objective assessment of the NJRC's financial and operational practices, the audit reports serve as a valuable tool for improving the organization's effectiveness in supporting successful reentry and reducing recidivism, ultimately contributing to enhanced public safety in New Jersey communities.