ASPIRA OF NEW JERSEY ENDOWMENT FOUNDATION INC (EIN 223138394) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

CARLOS VALENTIN JR

Phone

9734847554

Tax Period

2023-07-01 to 2024-06-30

ASPIRA OF NEW JERSEY ENDOWMENT FOUNDATION INC, founded in 1991, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $110K in total revenue in fiscal year 2023.

Mission

Aspira of New Jersey Endowment Foundation Inc owns Real Estate Property which is rented to Aspira Inc of New Jersey,a non-profit,501(c)(3) organization for the purpose of Educational, Social, Community Program.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $110,242

TOTAL REVENUE $110,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $116,518

Other Expenses $116,549

TOTAL EXPENSES $116,549

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,242	$-111,111	-2.0%
Expenses	$116,549	$53,603	+1.2%
Net Income	$-6,307	$-164,714	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$202,580

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS VALENTIN JR	EXECUTIVE DIRECTOR	0.25	Officer	$0	$0	$202,580
FERNANDO ACEVEDO JR	CHAIRPERSON	0.25	Director	$0	$0	$0
MRAURELIO DIAZ	TREASURER	0.25	Director	$0	$0	$0
VICTOR AFANADOR	SECRETARY	0.25	Director	$0	$0	$0
ELIZABETH JIMENEZ	BOARD MEMBER	0.25	Director	$0	$0	$0
NATASHA ALVARADO	BOARD MEMEBER	0.25	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	$110,242	$116,549	No data	$-6,307
2023	$-111,111	$53,603	$366,548	$-164,714
2022	$78,083	$90,599	$705,159	$-12,516
2021	$72,077	$99,395	$797,288	$-27,318
2020	$72,026	$169,953	$879,561	$-97,927
2019	$78,000	$81,015	$960,684	$-3,015
2018	$63,650	$74,514	$994,777	$-10,864

ASPIRA OF NEW JERSEY ENDOWMENT FOUNDATION INC