TRENTON, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW JERSEY ASSOCIATION OF STATE COLLEGES & UNIVERSITIES, founded in 1985, is a small nonprofit that reported $339K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $403K exceeded revenue, resulting in a 19% operating deficit.
TO SUPPORT, REPRESENT, AND ADVOCATE ON BEHALF OF NJ'S SEVEN FOUR-YEAR PUBLIC INSTITUTIONS OF HIGHER EDUCATION.
THE NEW JERSEY ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES (NJASCU), IS A NONGOVERNMENTAL ENTITY CREATED BY THE STATE LEGISLATURE [NJSA 18A:64-45 ET SEQ.] TO ADVANCE AND SUPPORT PUBLIC HIGHER...
THE NEW JERSEY ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES (NJASCU), IS A NONGOVERNMENTAL ENTITY CREATED BY THE STATE LEGISLATURE [NJSA 18A:64-45 ET SEQ.] TO ADVANCE AND SUPPORT PUBLIC HIGHER EDUCATION IN NEW JERSEY. NJASCU'S PRIMARY MISSION IS TO REPRESENT ITS MEMBER INSTITUTIONS, ADVOCATE FOR HIGHER EDUCATION AS A PUBLIC GOOD, AND COMMUNICATE THE COLLECTIVE VALUE OF THE STATE COLLEGES/UNIVERSITIES IN SERVING THE PUBLIC INTEREST AND THE STATE OF NEW JERSEY.NJASCU ADVISES THE EXECUTIVE AND LEGISLATIVE BRANCHES OF STATE GOVERNMENT, AND OTHERS REGARDING MATTERS OF HIGHER EDUCATION POLICY AND SERVES AS A LIAISON TO ITS MEMBER INSTITUTIONS. THE ASSOCIATION SERVES AS THE PRINCIPAL INFORMATION RESOURCE ABOUT PUBLIC HIGHER EDUCATION IN NEW JERSEY AND THE CONTRIBUTIONS OF NEW JERSEY'S SEVEN SENIOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION. NJASCU ROUTINELY COORDINATES COMMUNICATION AMONG ITS MEMBER INSTITUTIONS TO MAXIMIZE OPPORTUNITIES FOR COORDINATION AND COOPERATION.
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 | $339,091 | $312,915 | +0.1% |
| Expenses | $403,249 | $383,660 | +0.1% |
| Net Income | $-64,158 | $-70,745 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| JENNIFER KEYES-MALONEY | EXECUTIVE DIRECTOR | 35.00 |
Officer
|
$138,326 | $0 | $138,326 |
| ADAM J SABATH | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MADELEINE DEININGER | CO-VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN DRENNAN | CO-VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEMI ALLI | TRUSTEE THRU 12/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANE CAMPBELL | TRUSTEE AS OF 3/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| FREDERICK L GRUEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARLOS LEJNIEKS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA LEWIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $339,091 | $403,249 | $732,981 | $-64,158 |
| 2024 | $312,915 | $383,660 | $877,726 | $-70,745 |
| 2023 | $365,765 | $465,341 | $903,844 | $-99,576 |
| 2022 | $344,864 | $471,585 | $971,131 | $-126,721 |
| 2021 | $379,656 | $642,616 | $1,358,646 | $-262,960 |
| 2020 | $849,339 | $857,294 | $1,398,072 | $-7,955 |
| 2019 | $1,047,572 | $845,495 | $1,393,900 | $202,077 |
Compare NEW JERSEY ASSOCIATION OF STATE COLLEGES & UNIVERSITIES with other nonprofits in New Jersey and across the country.