NEW JERSEY AGRICULTURAL SOCIETY

EIN: 210634544 501(c)(3)

BORDENTOWN, NJ

Total Revenue
$712,745
Total Expenses
$723,914
Total Assets
$487,889
Net Assets
$406,411
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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
1940
Legal Domicile
NJ
Phone
6094629691
Tax Period
2023-10-01 to 2024-09-30

NEW JERSEY AGRICULTURAL SOCIETY, founded in 1940, is a small nonprofit that reported $713K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE AGRICULTURE IN THE STATE OF NEW JERSEY

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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 $656,139
Program Service Revenue $44,504
Investment Income $12,102
Other Revenue $0
TOTAL REVENUE $712,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,575
Fundraising Expenses $0
Program Expenses $239,060
Other Expenses $451,339
TOTAL EXPENSES $723,914

Year-over-Year Comparison

2023 2022 Change
Revenue $712,745 $576,213 +0.2%
Expenses $723,914 $615,269 +0.2%
Net Income $-11,169 $-39,056 -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

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Governance

Voting Members
27
Independent Members
27
Employees
9
Volunteers
300

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
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS CARNEVALE BOARD MEMBER 0.00
Director
$0 $0 $0
ALLEN CARTER BOARD MEMBER 0.00
Director
$0 $0 $0
DAVID DEFRANGE BOARD MEMBER 0.00
Director
$0 $0 $0
MARK KIRILUK BOARD MEMBER 0.00
Director
$0 $0 $0
LAURA LAWSON BOARD MEMBERS 0.00
Director
$0 $0 $0
CHRIS CIRKUS BOARD MEMBER 0.00
Director
$0 $0 $0
JIM GIAMARESE BOARD MEMBER 0.00
Director
$0 $0 $0
SUZANNE KNEZICK BOARD MEMBER 0.00
Director
$0 $0 $0
DONNA BOUCHELLE Vice President 0.00
Officer Director
$0 $0 $0
AMY BLEW ORDOG Secretary 0.00
Officer Director
$0 $0 $0
SCOTT DAUM BOARD MEMBER 0.00
Director
$0 $0 $0
CARL HESSELEIN BOARD MEMBER 0.00
Director
$0 $0 $0
JONI ELLIOTT President 0.00
Officer Director
$0 $0 $0
GILLIAN JOHNSON BOARD MEMBER 0.00
Director
$0 $0 $0
DALE PARSONS BOARD MEMBER 0.00
Director
$0 $0 $0
MARGARET REDDICK BOARD MEMBER 0.00
Director
$0 $0 $0
HOLLY SYSTEMA PRESIDENT 0.00
Director
$0 $0 $0
JENNIFER TAYLOR BOARD MEMBER 0.00
Director
$0 $0 $0
JEFF TOBER BOARD MEMBER 0.00
Director
$0 $0 $0
PAUL HLUBIK PAST PRESIDENT 0.00
Director
$0 $0 $0
BRAD FAY BOARD MEMBER 0.00
Director
$0 $0 $0
KEITH DICKINSON Treasurer 0.00
Officer Director
$0 $0 $0
JOE ATCHINSON BOARD MEMBER 0.00
Director
$0 $0 $0
WILLIAM HACKETT BOARD MEMBER 0.00
Director
$0 $0 $0
MIDGE HAUSER BOARD MEMBER 0.00
Director
$0 $0 $0
ROSEMARY KAY BOARD MEMBER 0.00
Director
$0 $0 $0
DAN WERREMEYER BOARD MEMBER 0.00
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 $712,745 $723,914 $487,889 $-11,169
2023 $576,213 $615,269 $522,033 $-39,056
2023 $580,703 $614,743 $522,431 $-34,040
2022 $605,324 $584,200 $480,938 $21,124
2021 $520,407 $598,433 $494,363 $-78,026
2020 $631,396 $498,914 $560,778 $132,482
2020 $591,138 $499,186 $560,690 $91,952
2019 $408,880 $407,845 $427,825 $1,035
2019 $382,237 $376,651 $430,809 $5,586
2018 $372,529 $391,976 $457,235 $-19,447
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