INTERFAITH NEIGHBORS INC

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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

1988

Legal Domicile

Principal Officer

PAUL L MCEVILY

Phone

7327750525

Tax Period

2024-01-01 to 2024-12-31

INTERFAITH NEIGHBORS INC, founded in 1988, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Net assets of $23.7M represent 43 months of operating reserves.

Mission

TO PROVIDE MEALS, RENTAL ASSISTANCE, UTILITY ASSISTANCE AND AFFORDABLE HOUSING TO UNDERPRIVILEDGED FAMILIES, THE ELDERLY, FRAIL AND THE HOMEBOUND, ALONG WITH OVERALL COMMUNITY DEVELOPMENT IN UNDERPRIVILEDGED NEIGHBORHOODS.

Program Service Accomplishments

Program 1

Expenses: $774,147

IN 2024, INTERFAITH NEIGHBORS PROVIDED RENTAL, UTILITY AND MORTGAGE ASSISTANCE TO APPROXIMATELY 230 FAMILIES, WHICH INCLUDED OVER 552 INDIVIDUALS FACING EVICTION OR HOMELESSNESS,ENABLING THEM TO...

IN 2024, INTERFAITH NEIGHBORS PROVIDED RENTAL, UTILITY AND MORTGAGE ASSISTANCE TO APPROXIMATELY 230 FAMILIES, WHICH INCLUDED OVER 552 INDIVIDUALS FACING EVICTION OR HOMELESSNESS,ENABLING THEM TO REMAIN IN THEIR PLACE OF RESIDENCE FOLLOWING A SUDDEN ECONOMIC CHALLENGE.

Program 2

Expenses: $3,144,622

INTERFAITH NEIGHBORS ADDRESSED ISSUES OF FOOD INSECURITY EFFECTING RESIDENTS OF MONMOUTH COUNTY,NEW JERSEY, BY PREPARING, SERVING AND DELIVERING APPROXIMATELY 373,000 MEALS TO THE MOST NEEDY, TO...

INTERFAITH NEIGHBORS ADDRESSED ISSUES OF FOOD INSECURITY EFFECTING RESIDENTS OF MONMOUTH COUNTY,NEW JERSEY, BY PREPARING, SERVING AND DELIVERING APPROXIMATELY 373,000 MEALS TO THE MOST NEEDY, TO HOMEBOUND SENIOR RESIDENTS AND DISABLED PERSONS. THIS PROGRAM IS ASSISTED BY OVER 330 INDIVIDUAL VOLUNTEERS WHO PROVIDE CLOSE TO 19,350 HOURS OF VOLUNTEER SERVICE TO THIS PROGRAM.

Program 3

Expenses: $1,767,513

INTERFAITH NEIGHBORS HAS AN ONGOING, STATE APPROVED, NEIGHBORHOOD REVITALIZATION PROGRAM THAT IT HAS UNDERTAKEN ACROSS THE WEST SIDE OF ASBURY PARK, NEW JERSEY. THIS PROGRAM IS AN ACTIVE EFFORT TO...

INTERFAITH NEIGHBORS HAS AN ONGOING, STATE APPROVED, NEIGHBORHOOD REVITALIZATION PROGRAM THAT IT HAS UNDERTAKEN ACROSS THE WEST SIDE OF ASBURY PARK, NEW JERSEY. THIS PROGRAM IS AN ACTIVE EFFORT TO ADDRESS A NUMBER OF CONDITIONS WHICH EXIST ACROSS UNDERSERVED COMMUNITIES AND, TAKEN TOGETHER, ADVERSELY EFFECT THE OVERALL HEALTH OF THE COMMUNITY. INTERFAITH'S PROGRAM ENTAILS, AMONG OTHER INITIATIVES, THE BUILDING OF SAFE, CLEAN, AFFORDABLE HOUSING, DEVELOPING WORKFORCE PROGRAMS GEARED TO JOBS IN HIGH DEMAND INDUSTRIES WITH LIVING WAGE SALARIES, INSPIRING COLLABORATION ACROSS COMMUNITY GROUPS FOR FOCUSED NEIGHBORHOOD INITIATIVES, AND PROGRAMS TO BRING AN AWARENESS TO HEALTHY LIFESTYLES AND PROPER NUTRITION, WHICH IS COMBINED WITH INTERFAITH'S DEVELOPMENT OF URBAN FARMS AND A HYDROPONIC FARM IN THEIR UNDERSERVED NEIGHBORHOOD THAT HAS ALSO BEEN DEEMED A FOOD DESERT.

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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 $5,089,265

Program Service Revenue $463,233

Investment Income $852,909

Other Revenue $228,419

TOTAL REVENUE $6,633,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,066,833

Fundraising Expenses $167,476

Program Expenses $6,283,833

Other Expenses $3,729,667

TOTAL EXPENSES $6,796,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,633,826	$6,244,942	+0.1%
Expenses	$6,796,500	$6,768,748	+0.0%
Net Income	$-162,674	$-523,806	-0.7%

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

375

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

$227,720

Total Directors

$247,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL L MCEVILY	EXECUTIVE DI	40.00	Officer Director	$114,400	$0	$114,400
WALTER CRAIG	CO - EXEC DI	40.00	Officer Director	$113,320	$0	$113,320
JOSEPH J MARMORA	TRUSTEE	10.00	Director	$19,520	$0	$19,520
NICHOLAS BROPHY	TRUSTEE	1.00	Director	$0	$0	$0
GABRIELLE J CLISSOLD	TRUSTEE	1.00	Director	$0	$0	$0
KATHLEEN ELLIS	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
GWENDOLYN O LOVE	TRUSTEE	1.00	Director	$0	$0	$0
CAROL ANN MCLAUGHLIN	TRUSTEE	1.00	Director	$0	$0	$0
DAVID S KOUNTZ MD MDAMACP	TRUSTEE	1.00	Director	$0	$0	$0
VINCENT PETRUZZIELLO	VICE PRESIDE	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
2024	$6,633,826	$6,796,500	$24,480,428	$-162,674
2023	$6,244,942	$6,768,748	$24,781,097	$-523,806
2022	$13,266,183	$6,351,165	$25,271,149	$6,915,018
2021	$7,072,413	$5,073,429	$14,340,015	$1,998,984
2020	$6,796,364	$4,928,940	$11,914,913	$1,867,424
2019	$5,182,482	$4,343,467	$10,022,864	$839,015
2018	$4,235,881	$4,432,098	$8,548,625	$-196,217