NEW JERSEY SKI RACING ASSOCIATION … - Form 990 Financial Data

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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

1981

Legal Domicile

Phone

8454760852

Tax Period

2023-07-01 to 2024-06-30

NEW JERSEY SKI RACING ASSOCIATION INC, founded in 1981, is a micro nonprofit in the Recreation & Sports sector that reported $19K in total revenue in fiscal year 2023. Net assets of $83K represent 52 months of operating reserves.

Mission

To promote amateur ski racing in New Jersey.

Program Service Accomplishments

Program 1

Expenses: $19,316

MANAGEMENT OF U.S.S.A. SKI RACES HELD IN THE NEW JERSEY AREA, COACHING EXPENSES, RACE OFFICALS CERTIFICATIONS & EXPENSES, COMPETITION GUIDE PUBLICATION, AND AWARDS CEREMONIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,049

Program Service Revenue $12,285

Investment Income $896

Other Revenue $0

TOTAL REVENUE $19,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,316

Other Expenses $19,466

TOTAL EXPENSES $19,466

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,230	$18,418	+0.0%
Expenses	$19,466	$23,120	-0.2%
Net Income	$-236	$-4,702	-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

N/A

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
SCOTT HANSEN	Treasurer	4.00	Officer Director	$0	$0	$0
ROBERT KLUCK	Secretary	4.00	Officer Director	$0	$0	$0
JORGEN BRICH	Director	1.00	Director	$0	$0	$0
JILL DINOLA	Vice President	2.00	Officer Director	$0	$0	$0
RICH HOWES	President	4.00	Officer Director	$0	$0	$0
HILLARY HANSEN	Director	1.00	Director	$0	$0	$0
DAWN FROST	Director	1.00	Director	$0	$0	$0
MARK MIEROP	Director	1.00	Director	$0	$0	$0
ART TOKLE	Director	1.00	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	No data	No data	No data	No data
2024	$19,230	$19,466	$86,967	$-236
2023	$18,418	$23,120	$86,728	$-4,702
2022	$17,320	$21,711	$89,894	$-4,391
2021	$11,538	$14,819	$100,230	$-3,281
2020	$16,776	$12,183	$99,593	$4,593
2019	$23,723	$22,687	$94,000	$1,036

NEW JERSEY SKI RACING ASSOCIATION INC