THE BUSINESS AND EDUCATION FOUNDATION OF MORRIS COUNTY INC

EIN: 222493637 501(c)(3)

FLORHAM PARK, NJ

Total Revenue
$1
Total Expenses
$1,050
Total Assets
$8,847
Net Assets
$8,847
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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
1983
Legal Domicile
NJ
Principal Officer
MEGHAN HUNSCHER PRESIDENT
Phone
9735393882
Tax Period
2021-01-01 to 2021-12-31

THE BUSINESS AND EDUCATION FOUNDATION OF MORRIS COUNTY INC, founded in 1983, is a micro nonprofit that reported $1 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $1K exceeded revenue, resulting in a 104900% operating deficit.

Mission

EDUCATION: BUSINESS EDUCATION IS THE CHARITABLE PURPOSE OF THE ORGANIZATION. ITS MISSION IS TO UNITE BUSINESS AND EDUCATION IN DYNAMIC AND EFFECTIVE EDUCATION PROGRAMS THAT CREATE A MORE WORK-READY POPULATION.

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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 $1
Other Revenue $0
TOTAL REVENUE $1

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,050
TOTAL EXPENSES $1,050

Year-over-Year Comparison

2021 2020 Change
Revenue $1 $2,751 -1.0%
Expenses $1,050 $2,800 -0.6%
Net Income $-1,049 $-49 +20.4%
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
3
Independent Members
1
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN HUNSCHER PRESIDENT-AS N/A
Officer Director
$0 $0 $0
THOMAS LYONS TRUSTEE-AS R N/A
Director
$0 $0 $0
DINA M O'KEEFE CFO-AS REQ'D N/A
Officer 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 $1 $1,050 $8,847 $-1,049
2020 $2,751 $2,800 $9,896 $-49
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