Short Hills, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Eyes for the Needy Inc, founded in 1934, is a small nonprofit that reported $941K in total revenue in fiscal year 2024. Revenue surged 117% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 16% operating deficit.
New Eyes provides the transformative tool of eyeglasses to children and adults facing financial challenges in the United States.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $940,516 | $432,711 | +1.2% |
| Expenses | $1,088,980 | $1,314,285 | -0.2% |
| Net Income | $-148,464 | $-881,574 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jean Gajano | Executive Director | 40.00 |
Officer
|
$153,372 | $3,072 | $156,444 |
| Melissa Malone | Chief Operating Officer | 40.00 |
Highest
|
$140,246 | $2,785 | $143,031 |
| Janet Campen | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alex Cooke | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Amiel Jaggernauth | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Katrina Van Amsterdam | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| John Dalton | Trustee Emeritus | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristine Van Amsterdam | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pay Hayes | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Smith | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Prem Sharma | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $940,516 | $1,088,980 | $4,629,267 | $-148,464 |
| 2024 | $432,711 | $1,314,285 | $4,796,421 | $-881,574 |
| 2023 | $2,096,820 | $1,305,885 | $5,128,111 | $790,935 |
| 2022 | $1,190,169 | $875,962 | $5,074,628 | $314,207 |
| 2021 | $793,661 | $579,860 | $4,967,516 | $213,801 |
| 2020 | $833,483 | $802,783 | $3,751,627 | $30,700 |
| 2019 | $686,453 | $614,297 | $4,093,102 | $72,156 |
Compare New Eyes for the Needy Inc with other nonprofits in New Jersey and across the country.