VEGETABLE GROWERS ASSOCIATION OF NEW JERSEY INC

EIN: 221728097

BERLIN, NJ

Total Revenue
$156,775
Total Expenses
$174,831
Total Assets
$72,243
Net Assets
$72,243
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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
1955
Legal Domicile
NJ
Principal Officer
JOHN RIGOLIZZO
Phone
8567680059
Tax Period
2022-07-01 to 2023-06-30

VEGETABLE GROWERS ASSOCIATION OF NEW JERSEY INC, founded in 1955, is a small nonprofit that reported $157K in total revenue in fiscal year 2022. Expenses of $175K exceeded revenue, resulting in a 12% operating deficit.

Mission

EDUCATE THE PUBLIC ABOUT THE BENEFITS OF LOCALLY GROWN VEGETABLE CROPS. TO PROMOTE AND ENCOURAGE IMPROVEMENTS IN THE PRODUCTION AND MARKETING OF ALL PHASES OF THE VEGETABLE INDUSTRY IN THE STATE OF NEW JERSEY. TO DISSENIMANTE KNOWLEDGE OF THE GROWING AND MARKETING OF VEGETABLES THROUGH COOPERATION WITH THE NEW JERSEY AGRICULTURAL EXPERIMENT STATION AND RUTGERS COOPERATIVE RESEARCH AND EXTENSION, THE NEW JERSEY AND US DEPARTMENTS OF AGRICULTURE, AND ALL OTHER EXISTING ORGANIZATIONS AND COMMITTEES WORKING FOR OR INTERESTED IN THE VEGETABLE INDUSTRY OF THE GARDEN STATE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $31,710
Program Service Revenue $109,965
Investment Income $265
Other Revenue $14,835
TOTAL REVENUE $156,775

Expense Breakdown

Grants Paid $14,785
Salaries & Benefits $16,900
Fundraising Expenses $0
Program Expenses $170,890
Other Expenses $143,146
TOTAL EXPENSES $174,831

Year-over-Year Comparison

2022 2021 Change
Revenue $156,775 $152,667 +0.0%
Expenses $174,831 $182,348 0.0%
Net Income $-18,056 $-29,681 -0.4%
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
7
Independent Members
7
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
7
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BANSCHER PRESIDENT N/A
Officer Director
$0 $0 $0
ROCCO DIGEROLAMO CONVENTION C N/A
Officer Director
$0 $0 $0
DONNA DUGAN SECRETARY N/A
Officer Director
$0 $0 $0
ALYSSA HARS SOCIAL SECRE N/A
Officer Director
$0 $0 $0
JENNIFER LAMONACA VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOHN RIGOLIZZO TREASURER N/A
Officer Director
$0 $0 $0
MARITA RIGOLIZZO TREASURER N/A
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 No data No data No data No data
2023 $156,775 $174,831 $72,243 $-18,056
2022 $152,667 $182,348 $90,299 $-29,681
2021 $46,502 $77,064 $119,980 $-30,562
2020 $187,525 $180,385 $150,542 $7,140
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