TOMORROWS CHILDREN'S FUND INC

EIN: 133155199 501(c)(3) Health Care

HACKENSACK, NJ

Total Revenue
$687,312
Total Expenses
$740,266
Total Assets
$2,833,361
Net Assets
$2,762,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NJ
Principal Officer
NAN NORBITZ KELLY
Phone
5519965500
Tax Period
2023-01-01 to 2023-12-31

TOMORROWS CHILDREN'S FUND INC, founded in 1982, is a small nonprofit in the Health Care sector that reported $687K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Net assets of $2.8M represent 48 months of operating reserves.

Mission

THIS ORGANIZATION'S PURPOSE IS TO PROVIDE COMFORT TO CHILDREN PATIENTS, COUNSELING AND FINANCIAL ASSISTANCE TO THEIR FAMILIES, SUPPORT HUMC'S MEDICAL CARE FACILITY TREATING CHILDREN, AND FUND MEDICAL RESEARCH IN EMPHASIZING CHILDRENS' CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $631,309
Program Service Revenue $0
Investment Income $122,351
Other Revenue $-66,348
TOTAL REVENUE $687,312

Expense Breakdown

Grants Paid $300,515
Salaries & Benefits $219,775
Fundraising Expenses $97,132
Program Expenses $468,986
Other Expenses $219,976
TOTAL EXPENSES $740,266

Year-over-Year Comparison

2023 2022 Change
Revenue $687,312 $799,511 -0.1%
Expenses $740,266 $787,443 -0.1%
Net Income $-52,954 $12,068 -5.4%
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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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
15

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
4
$0
Total Directors
12
$75,923
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD CAMINITI MEMBER 3.00
Director
$0 $0 $0
JERRY PINKUS MEMBER 3.00
Director
$0 $0 $0
SHARON ROMANO MEMBER 3.00
Director
$0 $0 $0
CHRISTOPHER FALLON MEMBER 3.00
Director
$0 $0 $0
DAVID CAMINITI MEMBER 3.00
Director
$0 $0 $0
KENDAL GARVIN PRESIDENT 3.00
Officer Director
$0 $0 $0
MALLORY GARVIN SECRETARY 3.00
Officer Director
$0 $0 $0
MARVA BROOKS MEMBER 3.00
Director
$0 $0 $0
CHRISTOPHER GARVIN TREASURER 3.00
Officer Director
$0 $0 $0
ADAM TETT VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
NAN NORBITZ KELLY EXECUTIVE DIRECTOR 40.00
Director
$75,550 $373 $75,923
CHRISTINE BATT MEMBER 3.00
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 No data No data No data No data
2023 $687,312 $740,266 $2,833,361 $-52,954
2022 $799,511 $787,443 $2,742,386 $12,068
2021 $733,963 $666,031 $3,250,867 $67,932
2020 $737,832 $725,300 $3,118,870 $12,532
2019 $1,551,786 $869,233 $3,036,105 $682,553
2018 $1,072,242 $974,987 $2,229,052 $97,255
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