EAST HANOVER COMMUNITY PARTNERSHIP

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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

2007

Legal Domicile

Phone

9734283023

Tax Period

2025-01-01 to 2025-12-31

EAST HANOVER COMMUNITY PARTNERSHIP, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $263K in total revenue in fiscal year 2025. Expenses of $292K exceeded revenue, resulting in a 11% operating deficit.

Mission

ESTABLISHED TO EXECUTE THE CHARITABLE FUNCTIONS WITHIN THE DESIGNATED SPECIAL IMPROVEMENT DISTRICT OF THE TOWNSHIP OF EAST HANOVER

Program Service Accomplishments

Program 1

Expenses: $120,122 Revenue: $0

IMPROVEMENTS TO SPECIAL IMPROVEMENT DISTRICT

Program 2

Expenses: $135,798 Revenue: $0

MARKETING AND EVENTS PROMOTION

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $262,821

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $262,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,920

Other Expenses $292,173

TOTAL EXPENSES $292,173

Year-over-Year Comparison

	2025	2024	Change
Revenue	$262,821	$253,776	+0.0%
Expenses	$292,173	$368,007	-0.2%
Net Income	$-29,352	$-114,231	-0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ART DOREY	PRESIDENT	10.00	Officer	$0	$0	$0
JOSEPH MIHALKO	SECRETARY	5.00	Officer	$0	$0	$0
JAMES POLITI	TREASURER	5.00	Officer	$0	$0	$0
ALFRED VIZZONE	VICE PRES	10.00	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	$262,821	$292,173	$947,458	$-29,352
2024	$253,776	$368,007	$986,462	$-114,231
2023	$249,122	$416,491	No data	$-167,369
2022	$255,020	$245,985	$1,249,600	$9,035
2021	$275,306	$155,415	$1,282,312	$119,891
2020	$285,342	$298,427	$1,120,174	$-13,085
2019	$300,162	$120,895	$1,130,759	$179,267
2018	$297,170	$225,944	$977,214	$71,226