ANCIENT ACCEPTED SCOTTISH RITE OF FREEMA SONRY NMJ VALLEY OF NORTHERN NEW JERSEY

EIN: 221944202

WHIPPANY, NJ

Total Revenue
$532,863
Total Expenses
$221,526
Total Assets
$5,012,119
Net Assets
$5,010,931
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NJ
Principal Officer
PAUL FERREIRA
Phone
9086887483
Tax Period
2024-08-01 to 2025-07-31

ANCIENT ACCEPTED SCOTTISH RITE OF FREEMA SONRY NMJ VALLEY OF NORTHERN NEW JERSEY, founded in 1972, is a small nonprofit that reported $533K in total revenue in fiscal year 2024. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $311K, a strong 58% operating margin.

Mission

DOMESTIC FRATERNAL ORGANIZATION

Program Service Accomplishments

Program 1

ALL PROGRAMS RELATING TO PROVIDING CULTURAL, EDUCATIONAL AND SOCIAL ACTIVITIES AND EVENTS FOR THE ASSOCIATION'S MEMBERS INCLUDING ASSISTANCE TO INDIVIDUALS.

Program 2

SUPPORT OF CHILDREN'S LEARNING CENTERS

Program 3

CHARITABLE OUTREACH

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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 $8,236
Program Service Revenue $95,590
Investment Income $429,037
Other Revenue $0
TOTAL REVENUE $532,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,166
Fundraising Expenses $0
Other Expenses $156,360
TOTAL EXPENSES $221,526

Year-over-Year Comparison

2024 2023 Change
Revenue $532,863 $256,800 +1.1%
Expenses $221,526 $222,726 0.0%
Net Income $311,337 $34,074 +8.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
24
Employees
2
Volunteers
24

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
$59,046
Total Directors
27
$59,046
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J ROBERT DEISSLER TREASURER (RES. 12/31/2024) 25.00
Officer Director
$3,046 $0 $3,046
PAUL M FERREIRA EXECUTIVE SECRETARY 25.00
Officer Director
$54,000 $0 $54,000
EDWARD CANTILLO TRUSTEE 0.00
Officer Director
$0 $0 $0
RAYMOND ORTIZ II COMMANDER-IN-CHIEF 0.00
Director
$0 $0 $0
DAVID I STEINER TRUSTEE 0.00
Director
$0 $0 $0
JAY SCHWARTZAPFEL TRUSTEE 0.00
Director
$0 $0 $0
DAVID MARTIN TRUSTEE 0.00
Director
$0 $0 $0
GUS TAMBAKIS TRUSTEE 0.00
Director
$0 $0 $0
JONATHAN DAVIS TRUSTEE 0.00
Director
$0 $0 $0
ROBERT DILWORTH TRUSTEE 0.00
Director
$0 $0 $0
MICHAEL CZECH TRUSTEE 0.00
Director
$0 $0 $0
ELLIS JACOBS TRUSTEE 0.00
Director
$0 $0 $0
DAVID VAN PELT TRUSTEE 0.00
Director
$0 $0 $0
RESTY RIVERA TRUSTEE 0.00
Director
$0 $0 $0
CHRISTOPHER SIMMONS TRUSTEE 0.00
Director
$0 $0 $0
ALEXANDRU ALDEA TRUSTEE 0.00
Director
$0 $0 $0
DANIEL CONTILLO JR TRUSTEE 0.00
Director
$0 $0 $0
HERIBERTO CRUZ-OLIVIERI TRUSTEE 0.00
Director
$0 $0 $0
JOSE OLIVER TRUSTEE 0.00
Director
$0 $0 $0
GLENN VISSCHER TRUSTEE 0.00
Director
$0 $0 $0
CARL BLANCHARD TRUSTEE 0.00
Director
$0 $0 $0
PATSY CUNTRERA TRUSTEE 0.00
Director
$0 $0 $0
MICHAEL LOIACONO TRUSTEE 0.00
Director
$0 $0 $0
VENANCIO MACLANG TRUSTEE 0.00
Director
$0 $0 $0
GEORGE MATTHES TRUSTEE 0.00
Director
$0 $0 $0
MICHAEL NEUBERGER TREASURER (EFF. JUNE 2025) 1.00
Officer Director
$2,000 $0 $2,000
SALVATORE QUERQUES TRUSTEE 0.00
Director
$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 $532,863 $221,526 $5,012,119 $311,337
2024 $256,800 $222,726 $4,710,247 $34,074
2023 $316,514 $219,086 $4,673,925 $97,428
2022 $371,381 $224,517 $4,572,892 $146,864
2021 $490,830 $188,199 $4,430,887 $302,631
2020 $268,116 $201,413 $4,126,099 $66,703
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