VNHS FOUNDATION INC

EIN: 223043177 501(c)(3)

RUNNEMEDE, NJ

Total Revenue
$1
Total Expenses
$2,069,618
Total Assets
$2,862,824
Net Assets
$2,661,943
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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
1991
Legal Domicile
NJ
Principal Officer
GREGORY T WOZNIAK
Phone
8569399000
Tax Period
2024-07-01 to 2025-06-30

VNHS FOUNDATION INC, founded in 1991, is a micro nonprofit that reported $1 in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 206961700% operating deficit.

Mission

TO PROVIDE SUPPORT TO RELATED 501(C)(3) PUBLIC CHARITIES

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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 $0
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $1

Expense Breakdown

Grants Paid $2,069,618
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,069,618
Other Expenses $0
TOTAL EXPENSES $2,069,618

Year-over-Year Comparison

2024 2023 Change
Revenue $1 $9 -0.9%
Expenses $2,069,618 N/A N/A
Net Income $-2,069,617 $9 -229958.4%
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
6
Independent Members
4
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
6
$2,477,574
Total Directors
7
$1,999,596
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL B LAIGN UNTIL 1024 BOARD MEMBER, PRESIDENT/CEO 0.50
Officer Director
$0 $43,023 $798,107
DONALD F FRIEL UNTIL 1224 BOARD MEMBER, ASST TREASUR 0.50
Officer Director
$0 $29,513 $866,655
K KULTAR SINGH CHAIRMAN 0.50
Officer Director
$0 $0 $0
MICHELE UROFSKY BOARD MEMBER 0.50
Director
$0 $0 $0
CYNTHIA CAMPBELL BOARD MEMBER 0.50
Director
$0 $0 $0
KENNETH ROWINSKY BOARD MEMBER 0.50
Director
$0 $0 $0
GREGORY WOZNIAK AS OF 0724 BOARD MEMBER, PRESIDENT/CEO 0.50
Officer Director
$0 $46,677 $334,834
MICHAEL KEEN UNTIL 0525 ASST TREASURER/CFO 0.01
Officer
$0 $31,777 $396,597
CRISTINA PEOPLES CORPORATE SECRETARY 0.01
Officer
$0 $10,143 $81,381
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 $1 $2,069,618 $2,862,824 $-2,069,617
2024 $9 No data $4,999,493 No data
2023 $2 No data $4,613,504 No data
2022 $42 No data $4,301,790 No data
2021 $740,089 No data $4,744,427 No data
2020 $89 No data $3,967,869 No data
2019 $88 No data $3,961,737 No data
2018 $90 No data $3,742,331 No data
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