NEDC RIVERFRONT CORPORATION (EIN 222595743) - 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

1984

Legal Domicile

Principal Officer

ALFRED FAIELLA

Phone

9736435844

Tax Period

2024-07-01 to 2025-06-30

NEDC RIVERFRONT CORPORATION, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $861K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $417K, a strong 48% operating margin.

Mission

ORGANIZED TO MANAGE VARIOUS REDEVELOPMENT PROJECTS IN THE STATE OF 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $795,000

Program Service Revenue $250

Investment Income $43,204

Other Revenue $22,583

TOTAL REVENUE $861,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $245,865

Fundraising Expenses $0

Program Expenses $293,741

Other Expenses $198,116

TOTAL EXPENSES $443,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$861,037	$610,537	+0.4%
Expenses	$443,981	$431,388	+0.0%
Net Income	$417,056	$179,149	+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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$225,683

Total Directors

$225,683

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFRED FAIELLA	PRESIDENT	35.00	Officer Director	$178,000	$29,514	$207,514
WILLIAM EATON	V.PRESIDENT	1.00	Officer Director	$18,169	$0	$18,169
WARREN J KING JR	SECRETARY	1.00	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
2025	$861,037	$443,981	$1,725,152	$417,056
2024	$610,537	$431,388	$1,604,654	$179,149
2023	$821,531	$521,777	$1,600,505	$299,754
2022	$423,359	$627,735	$1,536,598	$-204,376
2021	$477,756	$394,764	$1,520,740	$82,992
2020	$346,459	$398,971	$1,437,749	$-52,512
2019	$466,731	$318,761	$1,362,261	$147,970
2018	$-57,387	$276,440	$1,215,701	$-333,827

NEDC RIVERFRONT CORPORATION