COMMUNITY OUTREACH TEAM INC

EIN: 223001779 501(c)(3) Employment

JERSEY CITY, NJ

Total Revenue
$100
Total Expenses
$15,297
Total Assets
$991,131
Net Assets
$989,127
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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
1980
Legal Domicile
NJ
Principal Officer
KEVIN E KNIGHT SR
Phone
2013328974
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY OUTREACH TEAM INC, founded in 1980, is a micro nonprofit in the Employment sector that reported $100 in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $15K exceeded revenue, resulting in a 15197% operating deficit.

Mission

TO OWN, MANAGE, MAINTAIN AND DEVELOP AFFORDABLE HOUSING UNITS IN THE CITY OF JERSEY CITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $15,297
TOTAL EXPENSES $15,297

Year-over-Year Comparison

2023 2022 Change
Revenue $100 $8,057 -1.0%
Expenses $15,297 $6,706 +1.3%
Net Income $-15,197 $1,351 -12.2%
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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
8
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN E KNIGHT SR PRESIDENT/CHAIRMAN 2.00
Officer Director
$0 $0 $0
GWENDOLYN HAZEL SECRETARY/ACTING TREASURER 2.00
Officer Director
$0 $0 $0
RUFUS MCDAY BOARD MEMBER 1.00
Officer Director
$0 $0 $0
LYNELL MCKAY BOARD MEMBER 1.00
Officer Director
$0 $0 $0
FELICIA HILL BOARD MEMBER 1.00
Officer Director
$0 $0 $0
WILLIAM YOUNG BOARD MEMBER 1.00
Officer Director
$0 $0 $0
TILAYAH JOHNSON BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JONATHAN BOWMAN BOARD MEMBER 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
2024 No data No data No data No data
2023 $100 $15,297 $991,131 $-15,197
2022 $8,057 $6,706 $1,006,328 $1,351
2021 $731,104 $56,199 $1,027,677 $674,905
2020 $72,067 $45,726 $786,290 $26,341
2019 $59,174 $47,216 $756,066 $11,958
2018 $56,415 $50,281 $748,935 $6,134
2017 $70,101 $61,515 $748,810 $8,586
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