WOODBRIDGE ECONOMIC DEVELOPMENT CORP

EIN: 223163857

WOODBRIDGE, NJ

Total Revenue
$74,337
Total Expenses
$31,808
Total Assets
$120,816
Net Assets
$120,816
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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
1992
Legal Domicile
NJ
Principal Officer
MARTA DARDEN
Phone
7326026029
Tax Period
2023-06-01 to 2024-05-31

WOODBRIDGE ECONOMIC DEVELOPMENT CORP, founded in 1992, is a micro nonprofit that reported $74K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $43K, a strong 57% operating margin.

Mission

ADDITIONAL INFORMATION SCHEDULE

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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 $17,700
Program Service Revenue $0
Investment Income $37
Other Revenue $56,600
TOTAL REVENUE $74,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,819
Other Expenses $31,808
TOTAL EXPENSES $31,808

Year-over-Year Comparison

2023 2022 Change
Revenue $74,337 $65,780 +0.1%
Expenses $31,808 $32,038 0.0%
Net Income $42,529 $33,742 +0.3%
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
15
Independent Members
12
Employees
N/A
Volunteers
1

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTA DARDEN PRESIDENT 15.00
Officer
$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 $74,337 $31,808 $120,816 $42,529
2024 $74,337 $31,808 $120,816 $42,529
2023 $65,780 $32,038 $78,287 $33,742
2021 $14,596 $27,115 $70,464 $-12,519
2020 $55,111 $33,935 $82,983 $21,176
2019 $14,126 $20,542 $61,807 $-6,416
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