Hamilton, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Jersey Council of County Colleges, founded in 1989, is a mid-sized nonprofit that reported $17.5M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $16.6M left a modest 5% surplus.
To perform statewide coordinating functions for New Jerseys community colleges and develop community-college led partnerships and solutions to expand educational and economic opportunity.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $17,475,848 | $13,274,860 | +0.3% |
| Expenses | $16,577,154 | $12,005,293 | +0.4% |
| Net Income | $898,694 | $1,269,567 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Aaron Fichtner | President | 65.00 |
Officer
|
$272,796 | $27,452 | $300,248 |
| Catherine Starghill Esq | Vice President | 50.00 |
Officer
|
$194,882 | $46,564 | $241,446 |
| Jessica R Purnell | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Zimmerman | Trustee | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dorothy Hall | Trustee | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Sheetal Ranjan | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Mark McCormick | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Dr David Stout | Treasurer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Mike Gorman | President At Large | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jacob S Farbman | Executive Director, Economic Mobility | 45.00 |
Key Emp
|
$152,904 | $14,507 | $167,411 |
| Maria Heidkamp | Chief of Innovation and Policy | 50.00 |
Key Emp
|
$180,000 | $47,620 | $227,620 |
| Linda Sherr | Chief Academic Officer | 50.00 |
Key Emp
|
$180,000 | $37,878 | $217,878 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $17,475,848 | $16,577,154 | $14,280,420 | $898,694 |
| 2024 | $13,274,860 | $12,005,293 | $14,919,959 | $1,269,567 |
| 2023 | $12,118,994 | $11,301,896 | $12,744,934 | $817,098 |
| 2022 | $11,343,190 | $11,124,563 | $12,626,662 | $218,627 |
| 2021 | $3,541,533 | $3,874,914 | $4,960,953 | $-333,381 |
| 2020 | $5,900,047 | $5,760,667 | $5,603,263 | $139,380 |
| 2019 | $8,373,501 | $8,111,818 | $5,946,632 | $261,683 |
| 2018 | $10,533,731 | $10,283,836 | $5,310,000 | $249,895 |
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