NEW JERSEY SUBCONTRACTORS ASSOC INC (EIN 221945360) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

ANGELA MORELLO

Phone

8626842891

Tax Period

2023-07-01 to 2024-06-30

NEW JERSEY SUBCONTRACTORS ASSOC INC, founded in 1975, is a small nonprofit in the Community Improvement sector that reported $215K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $277K exceeded revenue, resulting in a 29% operating deficit.

Mission

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIESTHE ASSOCIATION IS COMMITTED TO PROMOTING A MORE EQUITABLE BUSINESSENVIRONMENT FOR SUBCONTRACTORS, SPECIALTY TRADE CONTRACTORS, SUPPLIERS AND SERVICE PROVIDERS IN THE CONSTRUCTION INDUSTRY THROUGH COMMUNICATION, EDUCATION, AND INDUSTRY AND GOVERNMENT ADVOCACY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $215,287

Investment Income $1

Other Revenue $0

TOTAL REVENUE $215,288

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $273,954

TOTAL EXPENSES $276,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,288	$299,873	-0.3%
Expenses	$276,954	$262,302	+0.1%
Net Income	$-61,666	$37,571	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$37,081

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOGAN TRUE	DIRECTOR	2.00	Director	$0	$0	$0
TIM CALLAHAN	VICE PRESIDENT	2.00	Director	$0	$0	$0
ANGELA MORELLO	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAN SWAYZE	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT SAGENDORF	DIRECTOR	2.00	Director	$0	$0	$0
GINA ESSO	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL ZACK	DIRECTOR	2.00	Director	$0	$0	$0
JAI PATEL	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW SCHENKEL	DIRECTOR	2.00	Director	$0	$0	$0
CAROLYN CANAVAN	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN KELMINSON	EXECUTIVE DIRECTOR	30.00	Officer	$0	$0	$37,081

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
2024	$215,288	$276,954	$74,931	$-61,666
2023	$299,873	$262,302	$139,776	$37,571
2022	$298,582	$306,080	$91,027	$-7,498
2019	$283,668	$253,822	$148,204	$29,846
2018	$257,951	$221,694	$117,563	$36,257

NEW JERSEY SUBCONTRACTORS ASSOC INC