Garden State Coalition of Schools

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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

Principal Officer

ELISABETH GINSBURG

Phone

6092781635

Tax Period

2023-07-01 to 2024-06-30

Garden State Coalition of Schools, founded in 1992, is a small nonprofit that reported $282K in total revenue in fiscal year 2023. Expenses of $264K left a modest 6% surplus.

Mission

THE PURPOSE OF THE GARDEN STATE COALITION OF SCHOOLS (GSCS) IS TO PROMOTE EDUCATIONAL PRACTICES, REASONABLE STATE REGULATIONS AND STATE LAWS WHICH FURTHER HIGH QUALITY EDUCATION FOR ALL CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $230,207 Revenue: $277,378

GSCS MAKES A PERMANENT COMMITMENT TO IMPROVING EDUCATION WITHOUT DIMINISHING QUALITY. GSCS PROVIDES A BROAD PERSPECTIVE REFLECTING THE CONCERNS OF EDUCATORS, SCHOOL BOARD MEMBERS, COMMUNITIES AND...

GSCS MAKES A PERMANENT COMMITMENT TO IMPROVING EDUCATION WITHOUT DIMINISHING QUALITY. GSCS PROVIDES A BROAD PERSPECTIVE REFLECTING THE CONCERNS OF EDUCATORS, SCHOOL BOARD MEMBERS, COMMUNITIES AND PARENTS. GSCS EMPHASIZES AND ADVOCATES ON THE INTER-RELATED ISSUES OF ACADEMIC ACHIEVEMENT, EDUCATIONAL PRACTICES AND RATIONAL SCHOOL FINANCE. (See Schedule O for further details).

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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 $4,680

Program Service Revenue $277,378

Investment Income $0

Other Revenue $0

TOTAL REVENUE $282,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,823

Fundraising Expenses $0

Program Expenses $230,207

Other Expenses $104,654

TOTAL EXPENSES $264,477

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,058	$276,540	+0.0%
Expenses	$264,477	$261,386	+0.0%
Net Income	$17,581	$15,154	+0.2%

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

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

$132,604

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELISABETH GINSBURG	EXECUTIVE DIRECTOR	50.0	Officer	$122,841	$9,763	$132,604
Christine Burton Millburn	Past President	2.0	Officer Director	$0	$0	$0
Nancy Norris Bauer Scotch	Plains) - VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
BETH BEHRENDPRINCETON	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
MICHAEL LASUSA CHATHAM	President	2.0	Officer Director	$0	$0	$0
RACHEL GOLDBERG SPRINGFIELD	Treasurer/President Elect	2.0	Officer Director	$0	$0	$0
DAVID ADERHOLD WEST WINDSOR	PAST PRESIDENT	2.0	Officer Director	$0	$0	$0
DANIEL FISHBEIN Livingston	TRUSTEE	1.0	Director	$0	$0	$0
ERIC CRESPO WEEHAWKEN	TRUSTEE	1.0	Director	$0	$0	$0
KWAME MORTON CHERRY HILL	TRUSTEE	1.0	Director	$0	$0	$0
Kyle Arlington GLEN RIDGE	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL BALLONE MARLBORO	TRUSTEE	1.0	Director	$0	$0	$0
JOSEPH BOLLENDORFMOORESTOWN	TRUSTEE	1.0	Director	$0	$0	$0
Danielle Shanley MADISON	TRUSTEE	1.0	Director	$0	$0	$0
SEAN ADAMS PARAMUS	TRUSTEE	1.0	Director	$0	$0	$0
Peter Righi RUMSON	TRUSTEE	1.0	Director	$0	$0	$0
JOAN MAST SCOTCH PLAINS	TRUSTEE	1.0	Director	$0	$0	$0
SCOTT HOUGH SUMMIT	TRUSTEE	1.0	Director	$0	$0	$0
MARK SCHWARZ RIDGEWOOD	Trustee	1.0	Director	$0	$0	$0
VICTOR VALESKI E BRUNSWICK	Trustee	1.0	Director	$0	$0	$0
VINCENT CAPUTO METUCHEN	Trustee	1.0	Director	$0	$0	$0
JAMES SANTANANORTHERN VALLEY	Trustee	1.0	Director	$0	$0	$0
JONATHAN HART READINGTON	Trustee	1.0	Director	$0	$0	$0
DIANE DIGIUSSIPPE VERONA	Trustee	1.0	Director	$0	$0	$0
MICHAEL VOLPE HILLSBOROUGH	Trustee	1.0	Director	$0	$0	$0
James Earle	Officer at Large	2.0	Officer Director	$0	$0	$0
Kate Diskin Millburn	Trustee	2.0	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
2025	No data	No data	No data	No data
2024	$282,058	$264,477	$165,805	$17,581
2023	$276,540	$261,386	$181,009	$15,154
2022	$292,375	$239,566	$216,509	$52,809
2021	$274,250	$237,725	$195,271	$36,525
2020	$306,936	$260,407	$163,338	$46,529
2019	$272,620	$211,461	$133,372	$61,159