NEW JERSEY FUTURE INC

EIN: 222879323 501(c)(3)

TRENTON, NJ

Total Revenue
$3,894,803
Total Expenses
$3,014,267
Total Assets
$5,218,553
Net Assets
$4,982,326
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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
1987
Legal Domicile
NJ
Principal Officer
PETER KASABACH
Phone
6093930008
Tax Period
2025-01-01 to 2025-12-31

NEW JERSEY FUTURE INC, founded in 1987, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $881K, a strong 23% operating margin.

Mission

TO PROMOTE SMART GROWTH AND SUSTAINABLE DEVELOPMENT

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,913,793
Program Service Revenue $832,284
Investment Income $131,021
Other Revenue $17,705
TOTAL REVENUE $3,894,803

Expense Breakdown

Grants Paid $90,265
Salaries & Benefits $2,400,793
Fundraising Expenses $79,406
Program Expenses $2,406,786
Other Expenses $523,209
TOTAL EXPENSES $3,014,267

Year-over-Year Comparison

2025 2024 Change
Revenue $3,894,803 $3,062,728 +0.3%
Expenses $3,014,267 $3,041,669 0.0%
Net Income $880,536 $21,059 +40.8%
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
24
Independent Members
24
Employees
31
Volunteers
40

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
5
$154,276
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER KASABACH EXECUTIVE DI 40.00
Officer
$154,276 $0 $154,276
MEISHKA MITCHELL CHAIR 1.00
Officer Director
$0 $0 $0
MARK MAURIELLO VICE CHAIR 1.00
Officer Director
$0 $0 $0
TODD A GOMEZ TREASURER 1.00
Officer Director
$0 $0 $0
KATHARINE FEERY SECRETARY 1.00
Officer Director
$0 $0 $0
KENDRA MORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
TENISHA MALCOLM-WINT BOARD MEMBER 1.00
Director
$0 $0 $0
JAY BIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER A BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
LAWRENCE DIVIETRO JR BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH M ESSER JR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT S GOLDSMITH ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
JANE M KENNY BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN S LEDERMAN PHD BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH J MARAZITI JR ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
GUALBERTO MEDINA BOARD MEMBER 1.00
Director
$0 $0 $0
TED REPETTI BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE DELISFORT BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN DRENNAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON LADD BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN A SANTOLA ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MCMANUS BOARD MEMBER 1.00
Director
$0 $0 $0
MADELINE URBISH BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN D WEINSTEIN ESQ BOARD MEMBER 1.00
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 $3,894,803 $3,014,267 $5,218,553 $880,536
2024 $3,062,728 $3,041,669 $4,171,352 $21,059
2023 $3,062,880 $2,755,370 $4,103,730 $307,510
2022 $3,405,666 $2,348,582 $3,741,960 $1,057,084
2021 $2,177,694 $2,000,781 $2,775,017 $176,913
2020 $1,950,974 $1,998,734 $2,753,105 $-47,760
2019 $2,680,158 $1,823,843 $2,517,729 $856,315
2018 $1,690,566 $1,721,405 $1,616,740 $-30,839
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