NEW JERSEY ELECTRONIC LIFE SAFETY ASSOCIATION INC (EIN 222313533) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

CHRISTINE HIGGINS

Phone

6096954444

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY ELECTRONIC LIFE SAFETY ASSOCIATION INC, founded in 1977, is a small nonprofit that reported $438K in total revenue in fiscal year 2024. Expenses of $381K left a modest 13% surplus.

Mission

TO PROMOTE ALARM INDUSTRY STANDARDS AND ETHICS; TO BE A SOURCE OF EDUCATION REGARDING THE ELECTRONIC SECURITY INDUSTRY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,573

Program Service Revenue $392,655

Investment Income $19,825

Other Revenue $15,891

TOTAL REVENUE $437,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,278

Other Expenses $380,715

TOTAL EXPENSES $380,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,944	$426,089	+0.0%
Expenses	$380,715	$7,389	+50.5%
Net Income	$57,229	$418,700	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH CIOFFI III	President	2.00	Officer Director	$0	$0	$0
MICHAEL ASH	VP - NORTH	2.00	Officer Director	$0	$0	$0
BILL ACKERMAN	SEC. - NORTH	2.00	Officer Director	$0	$0	$0
CHRIS HUMMEL	VP SOUTH	2.00	Officer Director	$0	$0	$0
GREG OVERHOLT	SEC. SOUTH	2.00	Officer Director	$0	$0	$0
ROBERT DEGENNARO	Treasurer	2.00	Officer Director	$0	$0	$0
BRIAN ARENOFSKY	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
HEATHER FERRARA	Director	2.00	Director	$0	$0	$0
VINCE FLUKEY	Director	2.00	Director	$0	$0	$0
KEN GOULD	Director	2.00	Director	$0	$0	$0
JAMIE KERTH	Director	2.00	Director	$0	$0	$0
LARRY LITTLE	Director	2.00	Director	$0	$0	$0
CHRIS MOSLEY	Director	2.00	Director	$0	$0	$0
KEN NELSON	TRAINING	2.00	Director	$0	$0	$0
PETER RAYMOND	Director	2.00	Director	$0	$0	$0
PAUL SIEMON	Director	2.00	Director	$0	$0	$0
LEW WALTERS	Director	2.00	Director	$0	$0	$0
DUANE WAREHIME	Director	2.00	Director	$0	$0	$0
ED MAFFEY	LOCKSMITH	2.00	Director	$0	$0	$0
ALEX WEINER ESQ	ATTORNEY	2.00	Director	$0	$0	$0
EILEEN KEAN	LOBBYIST	2.00	Director	$0	$0	$0
CHRISTINE HIGGINS	Executive Dir.	2.00	Director	$0	$0	$0
SUNITHA ARNI	ADMINISTRATOR	2.00	Director	$0	$0	$0
PAT WHITE	ADMINISTRATOR	2.00	Director	$0	$0	$0
JESSE BROOME	MARKETING DIR.	2.00	Director	$0	$0	$0
NATALIE SUOZZO	RECRUITER	2.00	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
2024	$437,944	$380,715	$438,934	$57,229
2023	$426,089	$358,713	$428,807	$67,376
2022	$397,678	$346,756	$287,902	$50,922
2021	$307,332	$291,154	$236,980	$16,178
2020	$390,569	$340,625	$220,802	$49,944
2019	$468,801	$422,868	$213,851	$45,933
2018	$379,263	$382,497	$163,366	$-3,234

NEW JERSEY ELECTRONIC LIFE SAFETY ASSOCIATION INC