NEW JERSEY RESTAURANT ASSOCIATION (EIN 221153767) - 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

1947

Legal Domicile

Phone

6095993316

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY RESTAURANT ASSOCIATION, founded in 1947, is a small nonprofit that reported $808K in total revenue in fiscal year 2024. Expenses of $711K left a modest 12% surplus.

Mission

THE ORGANIZATION HAS BEEN A RESOURCE FOR THE FOODSERVICE AND HOSPITALITY INDUSTRIES SINCE 1947. SUPPORT, ADVOCACY AND EDUCATION ARE A PART OF OUR RECIPE FOR SUCCESS.

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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 $806,799

Program Service Revenue $0

Investment Income $1,481

Other Revenue $0

TOTAL REVENUE $808,280

Expense Breakdown

Grants Paid $0

Salaries & Benefits $369,465

Fundraising Expenses $63,560

Program Expenses $479,284

Other Expenses $341,101

TOTAL EXPENSES $710,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$808,280	$825,869	0.0%
Expenses	$710,566	$899,948	-0.2%
Net Income	$97,714	$-74,079	-2.3%

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

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
MAYUR CHHEDA	DIRECTOR	0.00	Director	$0	$0	$0
JEANNE CRETELLA	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL FRODELLA	DIRECTOR	0.00	Director	$0	$0	$0
SPIRO HADJIYEROU	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS HOLLAND	DIRECTOR	0.00	Director	$0	$0	$0
CRAIG KUNISCH	DIRECTOR	0.00	Director	$0	$0	$0
DAVID MENDEZ	DIRECTOR	0.00	Director	$0	$0	$0
MARK METZGER	DIRECTOR	0.00	Director	$0	$0	$0
JACK MORRISON	DIRECTOR	0.00	Director	$0	$0	$0
STEVE SANDERS	DIRECTOR	0.00	Director	$0	$0	$0
MATT PASSERO	DIRECTOR	0.00	Director	$0	$0	$0
JOSHUA SUGGS	DIRECTOR	0.00	Director	$0	$0	$0
CORY WINGERTER	DIRECTOR	0.00	Director	$0	$0	$0
RYAN DORCHAK	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT ALIA	DIRECTOR	0.00	Director	$0	$0	$0
REGINA VITTI	DIRECTOR	0.00	Director	$0	$0	$0
LOU MEYER	DIRECTOR	0.00	Director	$0	$0	$0
NEEL PARIKH	DIRECTOR	0.00	Director	$0	$0	$0
TIM DEALNEY	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL PERRO	TREASURER	5.00	Officer	$0	$0	$0
ROBERT WAGNER	CHAIR	0.00	Officer	$0	$0	$0
DENISE BECKSON	VICE CHAIR	0.00	Officer	$0	$0	$0
ANTHONY BUCCO	SECRETARY	0.00	Officer	$0	$0	$0
BHAVESH PATEL	PAST CHAIR	0.00	Officer	$0	$0	$0
DANIEL KLIM	PRESIDENT	0.00	Highest	$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	$808,280	$710,566	$826,821	$97,714
2023	$825,869	$899,948	$741,555	$-74,079
2022	$894,367	$1,021,802	$816,722	$-127,435
2020	$788,957	$839,874	$877,477	$-50,917
2019	$852,773	$990,600	$734,870	$-137,827
2018	$911,203	$997,342	$918,607	$-86,139

NEW JERSEY RESTAURANT ASSOCIATION