BALLET NJ THEATER COMPANY OF NEW JERSEY (EIN 222505430) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

ROSEMARY GORMAN

Phone

8565073783

Tax Period

2022-07-01 to 2023-06-30

BALLET NJ THEATER COMPANY OF NEW JERSEY, founded in 1983, is a micro nonprofit that reported $95K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $124K exceeded revenue, resulting in a 31% operating deficit.

Mission

ENCOURAGEMENT OF INTEREST IN THE ARTS THROUGH THE PRODUCTION OF CHILDREN'S BALLET EVENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $94,621

Investment Income $0

Other Revenue $0

TOTAL REVENUE $94,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,016

Other Expenses $124,281

TOTAL EXPENSES $124,281

Year-over-Year Comparison

	2022	2021	Change
Revenue	$94,621	$102,633	-0.1%
Expenses	$124,281	$76,790	+0.6%
Net Income	$-29,660	$25,843	-2.1%

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
SHARON BUTTRESS	DIRECTOR	N/A	Director	$0	$0	$0
DAVID GALLAGHER	DIRECTOR	N/A	Director	$0	$0	$0
ROSEMARY GORMAN	DIRECTOR	N/A	Director	$0	$0	$0
NELLIE NOVAK MD	DIRECTOR	N/A	Director	$0	$0	$0
HERTA SCHEIDHAUER	DIRECTOR	N/A	Director	$0	$0	$0
DIANE YELLIN	DIRECTOR	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
2023	$94,621	$124,281	$1,582	$-29,660
2022	$102,633	$76,790	$31,242	$25,843
2021	$49,652	$65,452	$6,313	$-15,800
2020	$136,501	$132,893	$24,681	$3,608
2019	$161,597	$160,426	$20,207	$1,171

BALLET NJ THEATER COMPANY OF NEW JERSEY