PATERSON, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE PATERSON EDUCATION FOUNDATION INC, founded in 1983, is a small nonprofit that reported $860K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 21% operating deficit.
THE PATERSON EDUCATION FUND (PEF) IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO STIMULATE COMMUNITY ACTION FOR CHANGE SO THAT THE PATERSON PUBLIC SCHOOLS ENSURE THAT ALL PATERSON CHILDREN ACHIEVE HIGH STANDARDS.PEF'S GOALS ARE:TO BUILD OUR COMMUNITY'S CIVIC CAPACITY TO SUPPORT, MONITOR AND ADVOCATE EDUCATION REFORM.TO EDUCATE AND ENABLE COMMUNITY LEADERSHIP TO UNDERSTAND AND ACT ON CHANGING EDUCATION NEEDS.TO PROVIDE A FORUM FOR THE COMMUNITY TO EFFECTIVELY PARTICIPATE IN THE DECISION-MAKING PROCESSES CONCERNING EDUCATION.FOUNDED IN 1983, PEF'S ACTIVITIES BUILD AND NOURISH A CONSTITUENCY FOR SYSTEMATIC SCHOOL REFORM BY EDUCATING THE COMMUNITY ON THE IMPORTANCE OF HIGH STANDARDS AND EXPECTATIONS IN PROVIDING QUALITY EDUCATION FOR ALL CHILDREN. PEF CONVENES AND BROKERS RELATIONSHIPS BETWEEN THE PATERSON SCHOOL DISTRICT AND PRIVATE SECTOR ENTITIES INTERESTED IN PUBLIC EDUCATION IN PATERSON.
THE NITA M. LOWEY 21ST CENTURY COMMUNITY LEARNING CENTERS (21ST CCLC): PEF OPERATES 21ST CENTURY COMMUNITY LEARNING CENTERS IN TWO SCHOOLS, PROVIDING AFTER-SCHOOL AND SUMMER TUTORING, ACADEMIC...
THE NITA M. LOWEY 21ST CENTURY COMMUNITY LEARNING CENTERS (21ST CCLC): PEF OPERATES 21ST CENTURY COMMUNITY LEARNING CENTERS IN TWO SCHOOLS, PROVIDING AFTER-SCHOOL AND SUMMER TUTORING, ACADEMIC ENRICHMENT, CULTURAL, ARTISTIC, AND SOCIAL AND EMOTIONAL WELLBEING OPPORTUNITIES. THE PROGRAMS ARE STEAM BASED AND USE INQUIRY-BASED LEARNING TO FULLY ENGAGE STUDENTS IN THEIR OWN GROWTH AND DEVELOPMENT. THE PROGRAM BEGAN IN OCTOBER 2020 AND SERVES 151 STUDENTS IN GRADES 3 THROUGH 8. PROGRAMS SUPPORT: ACADEMIC ENRICHMENT ACTIVITIES THAT CAN HELP STUDENTS MEET STATE AND LOCAL ACHIEVEMENT STANDARDS.A BROAD ARRAY OF ADDITIONAL ENRICHMENT SERVICES DESIGNED TO REINFORCE AND COMPLEMENT THE REGULAR ACADEMIC PROGRAM, SUCH AS: DRUG AND VIOLENCE PREVENTION PROGRAMS, CAREER AND TECHNICAL PROGRAMS, COUNSELING PROGRAMS, ART, MUSIC PROGRAMS, STEM PROGRAMS, AND PHYSICAL ACTIVITY AND NUTRITION EDUCATION PROGRAMS.LITERACY AND RELATED EDUCATIONAL DEVELOPMENT SERVICES TO THE FAMILIES OF CHILDREN WHO ARE SERVED IN THE PROGRAM.
OUR RESTORATIVE PRACTICES STRATEGY PROVIDES TRAINING AND IMPLEMENTATION FOR PATERSON PUBLIC SCHOOLS TO IMPROVE CULTURE AND CLIMATE. BY BUILDING RELATIONSHIPS AND ENGAGING IN SMALL GROUP COMMUNITIES...
OUR RESTORATIVE PRACTICES STRATEGY PROVIDES TRAINING AND IMPLEMENTATION FOR PATERSON PUBLIC SCHOOLS TO IMPROVE CULTURE AND CLIMATE. BY BUILDING RELATIONSHIPS AND ENGAGING IN SMALL GROUP COMMUNITIES, SCHOOLS ARE EXPERIENCING DECREASES IN DISCIPLINARY INFRACTIONS THAT LEAD TO SUSPENSIONS AND EXPULSIONS. WE ALSO OFFER PROFESSIONAL DEVELOPMENT IN ADVERSE CHILDHOOD EXPERIENCES (ACES), TRAUMA INFORMED CARE, AND HEALING CENTERED ENGAGEMENT. 300 EDUCATORS AND ADMINISTRATORS RECEIVED MASTER TRAINING. THEY IN, TURN TRAINED APPROXIMATELY 1,200 OF THEIR PEERS. THE PROGRAM IMPACTED APPROXIMATELY 10,000 STUDENTS.
PEF IS THE CONVENER FOR PATERSON READS, A CITY-WIDE COALITION USING A COLLECTIVE IMPACT MODEL TO ENGAGE THE COMMUNITY IN ENSURING THAT EVERY PATERSON CHILD READS ON GRADE LEVEL BY THE END OF 3RD...
PEF IS THE CONVENER FOR PATERSON READS, A CITY-WIDE COALITION USING A COLLECTIVE IMPACT MODEL TO ENGAGE THE COMMUNITY IN ENSURING THAT EVERY PATERSON CHILD READS ON GRADE LEVEL BY THE END OF 3RD GRADE. PATERSON READS ALIGNS COMMUNITY RESOURCES TO IMPROVE SUMMER LEARNING, INCREASE EARLY LEARNING, AND IMPROVE ATTENDANCE BY REDUCING CHRONIC ABSENTEEISM. TALK READ SING PROVIDED TOTE BAGS WITH TIPS AND TOOLS FOR 500 PARENTS OF CHILDREN AGES BIRTH THROUGH THREE. THE INFORMATION HELPS WITH LANGUAGE ACQUISITION AND BRAIN DEVELOPMENT. THIRTY COMMUNITY-BASED ORGANIZATIONS ARE ACTIVE PARTICIPANTS, SERVING MORE THAN 15,000 CHILDREN. PATERSON READS IS PART OF THE NATIONAL GRADE LEVEL READING CAMPAIGN. TALK READ SING IS AN INITIATIVE OF THE CLINTON FOUNDATION
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $860,442 | $1,132,488 | -0.2% |
| Expenses | $1,038,004 | $1,009,228 | +0.0% |
| Net Income | $-177,562 | $123,260 | -2.4% |
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 |
|---|---|---|---|---|---|---|
| PERRY LIGHTY | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERROL KERR | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA BARALT PHD | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DWAYNE A COX | MEMBER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| XIANIA FOSTER | MEMBER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAMON PAGAN PHD | MEMBER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURIE W NEWELL PHD | MEMBER | 2.00 |
Director
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$0 | $0 | $0 |
| ROSEMARIE GRANT | EXECUTIVE DIRECTOR & CEO | 40.00 |
Officer
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$81,533 | $7,954 | $89,487 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $860,442 | $1,038,004 | $199,960 | $-177,562 |
| 2024 | $1,132,488 | $1,009,228 | $415,481 | $123,260 |
| 2023 | $1,135,298 | $1,121,374 | $227,943 | $13,924 |
| 2022 | $958,241 | $931,280 | $172,561 | $26,961 |
| 2021 | $747,323 | $714,109 | $200,925 | $33,214 |
| 2019 | $375,496 | $563,127 | $112,112 | $-187,631 |
| 2018 | $632,636 | $492,920 | $300,045 | $139,716 |
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