BUDDIES OF NEW JERSEY INC

EIN: 222767627 501(c)(3) Diseases & Disorders

HACKENSACK, NJ

Total Revenue
$5,447,338
Total Expenses
$5,626,014
Total Assets
$782,993
Net Assets
$147,303
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NJ
Principal Officer
RICHARD MILES
Phone
2014892900
Tax Period
2024-07-01 to 2025-06-30

BUDDIES OF NEW JERSEY INC, founded in 1985, is a community nonprofit in the Diseases & Disorders sector that reported $5.4M in total revenue in fiscal year 2024.

Mission

TO PROVIDE SUPPORT, EDUCATION, AND SERVICES FOR PERSONS INFECTED AND AFFECTED BY HIV/AIDS.

Program Service Accomplishments

Program 1
Expenses: $206,360

RYAN WHITE PROGRAM - PROVIDES MEDICAL CASE MANAGEMENT, CASE MANAGEMENT, DENTAL SERVICES, TRANSPORTATION ASSISTANCE, FOOD PANTRY, SUBSTANCE ABUSE, AND PSYCHOLOGICAL COUNSELING, COMMUNITY OUTREACH...

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RYAN WHITE PROGRAM - PROVIDES MEDICAL CASE MANAGEMENT, CASE MANAGEMENT, DENTAL SERVICES, TRANSPORTATION ASSISTANCE, FOOD PANTRY, SUBSTANCE ABUSE, AND PSYCHOLOGICAL COUNSELING, COMMUNITY OUTREACH, SUPPORT GROUPS TO THOSE LIVING WITH HIV/AIDS.

Program 2
Expenses: $141,399 Revenue: $17,187

HOPWA - OPERATIONAL COSTS AND SUPPORTING SERVICES OF HARRISON HOUSE (WHICH PROVIDES TEMPORARY HOUSING), LONG-TERM AND SHORT-TERM RENTAL ASSISTANCE, RENTAL SECURITY DEPOSITS, EMERGENCY SHELTER...

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HOPWA - OPERATIONAL COSTS AND SUPPORTING SERVICES OF HARRISON HOUSE (WHICH PROVIDES TEMPORARY HOUSING), LONG-TERM AND SHORT-TERM RENTAL ASSISTANCE, RENTAL SECURITY DEPOSITS, EMERGENCY SHELTER, UTILITY ASSISTANCE, AND MORTGAGE ASSISTANCE FOR PERSONS LIVING WITH HIV/AIDS.

Program 3
Expenses: $5,057,619 Revenue: $4,087,954

MOBILE HIV TESTING SITE, CASE MANAGEMENT, MEDICAL CASE MANAGEMENT, SUBSTANCE ABUSE PROGRAMS, 340B PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,342,154
Program Service Revenue $4,086,335
Investment Income $43
Other Revenue $18,806
TOTAL REVENUE $5,447,338

Expense Breakdown

Grants Paid $96,677
Salaries & Benefits $1,251,587
Fundraising Expenses $468
Program Expenses $5,405,378
Other Expenses $4,277,750
TOTAL EXPENSES $5,626,014

Year-over-Year Comparison

2024 2023 Change
Revenue $5,447,338 $5,097,724 +0.1%
Expenses $5,626,014 $5,563,832 +0.0%
Net Income $-178,676 $-466,108 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
31
Volunteers
14

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
4
$125,817
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLIOT JAY TRUSTEE 5.00
Director
$0 $0 $0
RASHADE HAYNES II TRUSTEE 5.00
Director
$0 $0 $0
CHRISTINE WADE CHAIR 5.00
Officer Director
$0 $0 $0
XIO MORA-LOPEZ SECRETARY 5.00
Officer Director
$0 $0 $0
HALDY JAVIER PEGUERO TRUSTEE 5.00
Director
$0 $0 $0
JAMES MONROE TREASURER 5.00
Officer Director
$0 $0 $0
RICHARD MILES EXECUTIVE DIRECTOR 40.00
Officer
$120,083 $5,734 $125,817
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 $5,447,338 $5,626,014 $782,993 $-178,676
2025 No data No data No data No data
2024 $5,097,724 $5,563,832 $912,934 $-466,108
2023 $5,580,268 $5,630,953 $1,437,810 $-50,685
2022 $5,328,935 $4,970,612 $1,450,763 $358,323
2021 $4,640,331 $4,483,894 $1,203,305 $156,437
2020 $4,016,544 $4,291,444 $1,025,520 $-274,900
2019 $3,483,826 $3,687,870 $990,297 $-204,044
2018 $2,403,461 $2,380,141 $991,191 $23,320
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