SCHOOL OF THE GARDEN STATE BALLET

EIN: 221928938 501(c)(3) Arts, Culture & Humanities

RUTHERFORD, NJ

Total Revenue
$691,520
Total Expenses
$685,301
Total Assets
$8,156
Net Assets
$-122,447
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NJ
Principal Officer
JODY JARON
Phone
9736231033
Tax Period
2023-09-01 to 2024-08-31

SCHOOL OF THE GARDEN STATE BALLET, founded in 1951, is a small nonprofit in the Arts, Culture & Humanities sector that reported $692K in total revenue in fiscal year 2023.

Mission

SCHOOL OF THE GARDEN STATE BALLET PROVIDES A YEAR-ROUND PROGRAM OF PROFESSIONAL DANCE TRAINING, WHICH IS RUN UNDER THE GUIDANCE AND INSPIRATION OF QUALIFIED INSTRUCTORS; THE PROGRAM IS DESIGNED FOR THE PLEASURE AND DEVELOPMENT OF ALL AGE GROUPS AND IS AVAILABLE IN NEWARK, RANDOLPH, AND RUTHERFORD, NEW JERSEY LOCATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $35,000
Program Service Revenue $656,520
Investment Income $0
Other Revenue $0
TOTAL REVENUE $691,520

Expense Breakdown

Grants Paid $613,700
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $685,301
Other Expenses $71,601
TOTAL EXPENSES $685,301

Year-over-Year Comparison

2023 2022 Change
Revenue $691,520 $718,050 0.0%
Expenses $685,301 $714,969 0.0%
Net Income $6,219 $3,081 +1.0%
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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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
18

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
5
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HERB MARDON PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN JARON VICE-PRESIDENT 10.00
Officer Director
$0 $0 $0
ANN MARDON TREASURER 1.00
Officer Director
$0 $0 $0
ALLISON WYSS SECRETARY 1.00
Officer Director
$0 $0 $0
ED BIERLY BOARD MEMBER 1.00
Director
$0 $0 $0
BETTINA BIERLY BOARD MEMBER 1.00
Director
$0 $0 $0
BORIS HAYDA BOARD MEMBER 1.00
Director
$0 $0 $0
HALINA HAYDA BOARD MEMBER 1.00
Director
$0 $0 $0
JILL HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
RONALD HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
DONALD PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
RHONDA PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROSE RAVENNATI BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCO RAVENNATI BOARD MEMBER 1.00
Director
$0 $0 $0
SHIRLEY REEVIE BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE REEVIE BOARD MEMBER 1.00
Director
$0 $0 $0
HELEN SIDEBOTHAM BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS SIDEBOTHAM BOARD MEMBER 1.00
Director
$0 $0 $0
JODY JARON EXECUTIVE DIRECTOR / TEACHER 40.00
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
2024 $691,520 $685,301 $8,156 $6,219
2023 $718,050 $714,969 $9,629 $3,081
2022 $683,843 $736,217 $14,240 $-52,374
2021 $733,673 $789,590 $74,306 $-55,917
2020 $759,023 $789,078 $133,705 $-30,055
2020 $767,070 $789,213 $137,915 $-22,143
2019 $791,231 $812,212 $10,158 $-20,981
2019 $791,231 $812,212 $10,158 $-20,981
2018 $789,115 $779,467 $31,139 $9,648
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