FLOOR COVERING INSTITUTE OF NEW JERSEY

EIN: 222415341

EDISON, NJ

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
NJ
Principal Officer
VITO LUPINO
Phone
9082252265
Tax Period
2021-01-01 to 2021-12-31

Mission

THE ORGINIZATION PROMOTES THE GROWTH OF THE FLOOR COVERING INDUSTRY IN THE STATE OF NEW JERSEY AND SURROUNDING AREA. ACCOMPLISHED PRIMARILY THROUGH MEMBERSHIP IN TRADE ORGINIZATIONS, MARKETING ACTIVITIES, AND SCHOLARSHIP PROGRAMS

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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%)

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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

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Governance

Voting Members
9
Independent Members
9
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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
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
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