COUNSELING AND REFERRAL SERVICES OF OCEAN INC

EIN: 222497177 501(c)(3)

BRICK, NJ

Total Revenue
$882,872
Total Expenses
$859,898
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

Formation Year
1985
Legal Domicile
NJ
Principal Officer
MAUREEN A TIRELLA
Phone
7324773507
Tax Period
2020-07-01 to 2021-06-30

COUNSELING AND REFERRAL SERVICES OF OCEAN INC, founded in 1985, is a small nonprofit that reported $883K in total revenue in fiscal year 2020. Revenue decreased 11% compared to the prior year.

Mission

PROVIDE OUTPATIENT COUNSELING SEVICES IN OCEAN COUNTY, NJ

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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 (2020)

Revenue Breakdown

Contributions & Grants $26
Program Service Revenue $732,295
Investment Income $96
Other Revenue $150,455
TOTAL REVENUE $882,872

Expense Breakdown

Grants Paid $0
Salaries & Benefits $610,021
Fundraising Expenses $0
Program Expenses $525,997
Other Expenses $249,877
TOTAL EXPENSES $859,898

Year-over-Year Comparison

2020 2019 Change
Revenue $882,872 $988,332 -0.1%
Expenses $859,898 $1,069,060 -0.2%
Net Income $22,974 $-80,728 -1.3%
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
7
Independent Members
7
Employees
31
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH ACKERMAN TRUSTEE N/A
Director
$0 $0 $0
LOIS A CURRIE VICE PRESIDE N/A
Officer Director
$0 $0 $0
PHILLIP LUCAS TREASURER N/A
Officer Director
$0 $0 $0
FARHA I MAJOR TRUSTEE N/A
Director
$0 $0 $0
CARA F PAOLILLO TRUSTEE N/A
Director
$0 $0 $0
MAUREEN A TIRELLA PRESIDENT N/A
Officer Director
$0 $0 $0
MARY WILLIAMS TRUSTEE N/A
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 $882,872 $859,898 No data $22,974
2020 $988,332 $1,069,060 $804,207 $-80,728
2019 $1,241,282 $1,219,320 $744,598 $21,962
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