NORWOOD PUBLIC SCHOOL PARENT TEACHER ORGANIZATION INC

EIN: 202709219 501(c)(3) Education

NORWOOD, NJ

Total Revenue
$619,249
Total Expenses
$607,055
Total Assets
$187,934
Net Assets
$185,741
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NJ
Principal Officer
JENNIFER MCDERMOTT
Phone
9175798812
Tax Period
2023-07-01 to 2024-06-30

NORWOOD PUBLIC SCHOOL PARENT TEACHER ORGANIZATION INC, founded in 2005, is a small nonprofit in the Education sector that reported $619K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

ENHANCE THE RELATIONSHIP BETWEEN PARENTS AND TEACHERS WITH RESPECT TO THE EDUCATION OF CHILDREN FOR NORWOOD PUBLIC SCHOOLS GRADES K-8

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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 $10,100
Program Service Revenue $0
Investment Income $0
Other Revenue $609,149
TOTAL REVENUE $619,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $413,280
Program Expenses $193,775
Other Expenses $607,055
TOTAL EXPENSES $607,055

Year-over-Year Comparison

2023 2022 Change
Revenue $619,249 $509,313 +0.2%
Expenses $607,055 $449,071 +0.4%
Net Income $12,194 $60,242 -0.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE SOLIMAN PRESIDENT N/A
Officer
$0 $0 $0
JENNIFER MCDERMOTT TREASURER N/A
Officer
$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
2025 No data No data No data No data
2024 $619,249 $607,055 $187,934 $12,194
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