Jersey City Education Association Inc

EIN: 221818182

Jersey City, NJ

Total Revenue
$886,398
Total Expenses
$1,105,440
Total Assets
$6,815,310
Net Assets
$6,815,310
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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
1900
Legal Domicile
NJ
Principal Officer
Ronald Greco
Phone
2014356600
Tax Period
2024-07-01 to 2025-06-30

Jersey City Education Association Inc, founded in 1900, is a small nonprofit that reported $886K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 25% operating deficit.

Mission

Union organization representing teachers and other educators

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $568,637
Investment Income $27,610
Other Revenue $290,151
TOTAL REVENUE $886,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $260,521
Fundraising Expenses $0
Other Expenses $844,919
TOTAL EXPENSES $1,105,440

Year-over-Year Comparison

2024 2023 Change
Revenue $886,398 $1,384,665 -0.4%
Expenses $1,105,440 $935,866 +0.2%
Net Income $-219,042 $448,799 -1.5%
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
120
Independent Members
N/A
Employees
N/A
Volunteers
2

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
1
$50,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD GRECO President 20.00
Officer
$50,000 $0 $50,000
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 $886,398 $1,105,440 $6,815,310 $-219,042
2024 No data No data No data No data
2023 $721,835 $833,382 $6,392,235 $-111,547
2022 $294,686 $956,764 $6,503,783 $-662,078
2021 $1,242,111 $736,660 $7,165,861 $505,451
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