NUTLEY MUSIC BOOSTERS ASSOCIATION

EIN: 203931464 501(c)(3) Education

NUTLEY, NJ

Total Revenue
$332,355
Total Expenses
$345,413
Total Assets
$83,676
Net Assets
$31,609
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NJ
Principal Officer
TERESA BONILLA
Phone
9736611549
Tax Period
2025-01-01 to 2025-12-31

NUTLEY MUSIC BOOSTERS ASSOCIATION, founded in 2005, is a small nonprofit in the Education sector that reported $332K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year.

Mission

PROVIDE FINANCIAL AND MORAL SUPPORT FOR THE MUSIC PROGRAMS OF THE NUTLEY SCHOOL SYSTEM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $11,310
Program Service Revenue $321,023
Investment Income $22
Other Revenue $0
TOTAL REVENUE $332,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $343,612
Other Expenses $345,413
TOTAL EXPENSES $345,413

Year-over-Year Comparison

2025 2024 Change
Revenue $332,355 $351,188 -0.1%
Expenses $345,413 $317,894 +0.1%
Net Income $-13,058 $33,294 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIAELENA ALAMEDA 1ST VICE PRE N/A
Officer
$0 $0 $0
BRAGGYNA AQUILA ASSISTANT TR N/A
Officer
$0 $0 $0
TERESA BONILLA TREASURER N/A
Officer
$0 $0 $0
FABIAN CASTILLO 2ND VICE PRE N/A
Officer
$0 $0 $0
JOANN MAZUR-KIELBLOCK RECORDING SE N/A
Officer
$0 $0 $0
SALVATORE SCARPELLI PRESIDENT 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 $332,355 $345,413 $83,676 $-13,058
2023 $348,509 $385,149 $60,855 $-36,640
2022 $292,972 $274,734 $96,590 $18,238
2021 $161,760 $175,831 $56,757 $-14,071
2020 $117,733 $105,689 $55,714 $12,044
2019 $250,914 $252,283 $45,688 $-1,369
2018 $180,314 $170,459 $47,057 $9,855
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NUTLEY MUSIC BOOSTERS ASSOCIATION with other nonprofits in New Jersey and across the country.