East Orange, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Independence A Family of Services Inc, founded in 1975, is a small nonprofit that reported $820K in total revenue in fiscal year 2020. Revenue decreased 19% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 48% operating deficit.
At IFS we help hundreds of children and youth who are involved in the child welfare, justice and welfare system at our education & programs center from our East Orange family success center.
Other Programs including Aftercare and Family Success
Life Skills: To provide comprehensive training, using evidence and competency-based curriculum that covers such skill areas as career planning, communication, daily living, home life, money...
Life Skills: To provide comprehensive training, using evidence and competency-based curriculum that covers such skill areas as career planning, communication, daily living, home life, money management, self-care, social relationships and work life, to help youth beteween the ages of 15 to 21 who are aging out of foster care, and to prepare for adulthood.
Chafee Program: State authorized payments to at risk individuals,life time ceiling. Funds are to be used for various life necessities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $820,220 | $1,018,610 | -0.2% |
| Expenses | $1,211,007 | $1,017,276 | +0.2% |
| Net Income | $-390,787 | $1,334 | -293.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Margaret L Woods | President & CEO | 20.00 |
Officer
Director
|
$52,641 | $0 | $52,641 |
| Bryan Lee | COO | 16.00 |
Officer
|
$44,000 | $0 | $44,000 |
| Dr Guy C McCombs III | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| James Longo | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tim Carden | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Everett M Johnson Esq | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Flora Ramos | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| George Williams | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Reginald Jenkins Jr Esq | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $820,220 | $1,211,007 | $538,421 | $-390,787 |
Compare Independence A Family of Services Inc with other nonprofits in New Jersey and across the country.