FLOOR COVERING INSTITUTE OF NEW JE… - 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

Legal Domicile

Principal Officer

VITO LUPINO

Phone

9082252265

Tax Period

2021-01-01 to 2021-12-31

Mission

PROMOTION OF THE FLOOR COVERING INDUSTRY IN NEW JERSEY

Program Service Accomplishments

Program 1

PROMOTION OF THE FLOOR COVERING INDUSTRY IN NEW JERSEY

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$15,633	-1.0%
Expenses	N/A	$24,225	-1.0%
Net Income	N/A	$-8,592	N/A

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
VITO LUPPINO	PRESIDENT	002.00	Director	$0	$0	$0
JERRY PISCOPO	SECRETARY	002.00	Director	$0	$0	$0
JOHN BAUMGARDNER	TREASURER	002.00	Director	$0	$0	$0
PETER DEBENEDETTO	TRUSTEE	002.00	Director	$0	$0	$0
ROBERT FENTON	TRUSTEE	002.00	Director	$0	$0	$0
JACK KOCSIS JR	TRUSTEE	002.00	Director	$0	$0	$0
STEPHEN MARTIN	TRUSTEE	002.00	Director	$0	$0	$0
JEFFREY B MATHUSEK	TRUSTEE	002.00	Director	$0	$0	$0
MARTY MURDOCH	TRUSTEE	002.00	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
2021	No data	No data	No data	No data
2020	$15,633	$24,225	$322,542	$-8,592
2019	$24,340	$26,855	$329,430	$-2,515
2018	$23,420	$21,579	$331,945	$1,841

FLOOR COVERING INSTITUTE OF NEW JERSEY