NEW JERSEY FOOD COUNCIL INC

EIN: 221863080

TRENTON, NJ

Total Revenue
$1,451,344
Total Expenses
$1,267,918
Total Assets
$1,644,288
Net Assets
$1,337,153
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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
1969
Legal Domicile
NJ
Principal Officer
LINDA DOHERTY
Phone
6093928899
Tax Period
2024-01-01 to 2024-12-31

NEW JERSEY FOOD COUNCIL INC, founded in 1969, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 13% surplus.

Mission

TO PROVIDE VISION AND LEADERSHIP TO ADVANCE THE INTEREST OF THE FOOD INDUSTRY IN NEW JERSEY

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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 $507,513
Program Service Revenue $832,988
Investment Income $15,823
Other Revenue $95,020
TOTAL REVENUE $1,451,344

Expense Breakdown

Grants Paid $0
Salaries & Benefits $718,944
Fundraising Expenses $0
Other Expenses $548,974
TOTAL EXPENSES $1,267,918

Year-over-Year Comparison

2024 2023 Change
Revenue $1,451,344 $1,295,999 +0.1%
Expenses $1,267,918 $1,131,976 +0.1%
Net Income $183,426 $164,023 +0.1%
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
31
Independent Members
30
Employees
5
Volunteers
30

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
4
$326,612
Total Directors
31
$326,612
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA DOHERTY PRESIDENT & CEO 40.00
Officer Director
$284,283 $42,329 $326,612
ANDREW KENT CHAIR 0.20
Officer Director
$0 $0 $0
MICHAEL STYER TRUSTEE 0.20
Director
$0 $0 $0
MICHAEL ROTHWELL TREASURER 0.20
Officer Director
$0 $0 $0
MIGUEL ABREU TRUSTEE 0.20
Director
$0 $0 $0
ERNEST BENSON TRUSTEE 0.20
Director
$0 $0 $0
NICK BROWN TRUSTEE 0.20
Director
$0 $0 $0
GARY CAPOZZI TRUSTEE 0.20
Director
$0 $0 $0
PETER CONTINO TRUSTEE 0.20
Director
$0 $0 $0
RAFAEL CUELLAR TRUSTEE 0.20
Director
$0 $0 $0
ALLEN CULP TRUSTEE 0.20
Director
$0 $0 $0
LAWRENCE R INSERRA III TRUSTEE 0.20
Director
$0 $0 $0
HOWARD KENT TRUSTEE 0.20
Director
$0 $0 $0
JAMES J MCCAFFREY III TRUSTEE 0.20
Director
$0 $0 $0
RONALD H MURPHY JR TRUSTEE 0.20
Director
$0 $0 $0
MARIANO PRECIADO TRUSTEE 0.20
Director
$0 $0 $0
JASON RAVITZ TRUSTEE 0.20
Director
$0 $0 $0
JASON READ SECRETARY 0.20
Officer Director
$0 $0 $0
RICHARD J SAKER TRUSTEE 0.20
Director
$0 $0 $0
PHIL SCADUTO TRUSTEE 0.20
Director
$0 $0 $0
LEONARD J SITAR TRUSTEE 0.20
Director
$0 $0 $0
MICHAEL TARLOFF TRUSTEE 0.20
Director
$0 $0 $0
RICHARD GINGO TRUSTEE 0.20
Director
$0 $0 $0
RYAN AULD TRUSTEE 0.20
Director
$0 $0 $0
JENNIFER SWEENEY TRUSTEE 0.20
Director
$0 $0 $0
BILL TENCZA TRUSTEE 0.20
Director
$0 $0 $0
SHAWN RINNIER TRUSTEE 0.20
Director
$0 $0 $0
JIM MULLEN TRUSTEE 0.20
Director
$0 $0 $0
PERRY BLATT TRUSTEE 0.20
Director
$0 $0 $0
KEVIN CUFF TRUSTEE 0.20
Director
$0 $0 $0
ANTHONY MASSONI TRUSTEE 0.20
Director
$0 $0 $0
MARY ELLEN PEPPARD VICE PRESIDENT 40.00
Highest
$134,522 $19,680 $154,202
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 $1,451,344 $1,267,918 $1,644,288 $183,426
2023 $1,295,999 $1,131,976 $1,311,226 $164,023
2022 $1,217,337 $1,149,754 $1,047,225 $67,583
2021 $1,161,241 $1,055,876 $1,291,531 $105,365
2020 $1,178,472 $1,071,051 $1,019,763 $107,421
2019 $1,297,837 $1,094,043 $770,454 $203,794
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