Family Promise of Hunterdon County Inc (EIN 223049800) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

Angela Fields

Phone

9087822490

Tax Period

2023-01-01 to 2023-12-31

Family Promise of Hunterdon County Inc, founded in 1990, is a small nonprofit in the Human Services sector that reported $911K in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $793K left a modest 13% surplus.

Mission

Provide shelter and care to homeless of Hunterdon County, New Jersey.

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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 (2023)

Revenue Breakdown

Contributions & Grants $866,166

Program Service Revenue $7,831

Investment Income $29,868

Other Revenue $6,946

TOTAL REVENUE $910,811

Expense Breakdown

Grants Paid $355,053

Salaries & Benefits $302,650

Fundraising Expenses $0

Program Expenses $726,309

Other Expenses $135,485

TOTAL EXPENSES $793,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$910,811	$527,899	+0.7%
Expenses	$793,188	$655,629	+0.2%
Net Income	$117,623	$-127,730	-1.9%

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

300

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

Total Directors

$89,392

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Warren Searles	President	2.00	Officer Director	$0	$0	$0
Laura Tonzetich	Vice-President	2.00	Officer Director	$0	$0	$0
Marc Andrews	Treasurer	2.00	Officer Director	$0	$0	$0
Eric Lathrop	Secretary	2.00	Officer Director	$0	$0	$0
Stephen Rothenburger	Member at Large	2.00	Director	$0	$0	$0
Brenda Jaffe	Member-at-Large	2.00	Director	$0	$0	$0
Christine Davies	Member-at Large	2.00	Director	$0	$0	$0
Angela Fields	Executive Director	40.00	Director	$89,392	$0	$89,392

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	$910,811	$793,188	$963,344	$117,623
2022	$527,899	$655,629	$765,320	$-127,730
2021	$620,767	$591,343	$897,320	$29,424
2020	$641,047	$461,143	$820,475	$179,904

Family Promise of Hunterdon County Inc