NEW JERSEY VETERANS MEMORIAL HOME AT VINELAND - WELFARE FUND (EIN 216018916) - Form 990 Financial Analysis & Trantor Score

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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

1996

Legal Domicile

Principal Officer

ALBERT BAO

Phone

8564054200

Tax Period

2024-07-01 to 2025-06-30

NEW JERSEY VETERANS MEMORIAL HOME AT VINELAND - WELFARE FUND, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $209K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

THE WELFARE FUND IS ESTABLISHED TO PROVIDE FOR RESIDENTS BY SUPPLEMENTING SERVICES AND MAINTAIN A QUALITY OF LIFE FOR THE RESIDENTS THROUGH VARIOUS ACTIVITIES PROGRAMS AND EVENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $201,865

Program Service Revenue $0

Investment Income $7,275

Other Revenue $0

TOTAL REVENUE $209,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $218,790

Other Expenses $218,790

TOTAL EXPENSES $218,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,140	$325,696	-0.4%
Expenses	$218,790	$266,589	-0.2%
Net Income	$-9,650	$59,107	-1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLYSON BAILEY	CHIEF EXECUTIVE	2.00	Officer	$0	$0	$0
HARRY PRINCE	CHAIR OF WELFARE BOARD	2.00	Officer	$0	$0	$0
ALBERT BAO	BUSINESS MANAGER	4.00	Officer	$0	$0	$0
JASON GREEN	ACCOUNTANT	12.00	Key Emp	$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	$209,140	$218,790	$389,024	$-9,650
2024	$325,696	$266,589	$398,674	$59,107
2023	$187,961	$218,970	$339,567	$-31,009
2022	$236,086	$225,560	$370,576	$10,526
2021	$228,930	$163,624	$360,050	$65,306

NEW JERSEY VETERANS MEMORIAL HOME AT VINELAND - WELFARE FUND