THE CENTER IN ASBURY PARK INC (EIN 223253558) - 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

1992

Legal Domicile

Principal Officer

MICHAEL ROLAND

Phone

7327743416

Tax Period

2024-01-01 to 2024-12-31

THE CENTER IN ASBURY PARK INC, founded in 1992, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE SUPPORT SERVICES FOR PEOPLE LIVING WITH HIV/AIDS IN MONMOUTH COUNTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,812,784

Program Service Revenue $0

Investment Income $23,194

Other Revenue $237,099

TOTAL REVENUE $2,073,077

Expense Breakdown

Grants Paid $121,671

Salaries & Benefits $766,319

Fundraising Expenses $43,429

Program Expenses $1,888,892

Other Expenses $1,219,580

TOTAL EXPENSES $2,107,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,073,077	$1,633,095	+0.3%
Expenses	$2,107,570	$1,845,562	+0.1%
Net Income	$-34,493	$-212,467	-0.8%

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

124

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

$143,429

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL MALTA	PRESIDENT	1.00	Officer Director	$0	$0	$0
PETER GAYLORD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BERTHA WILLIAMS PULLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM BRADSHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SKESAVAGE	TREASURER	1.00	Officer Director	$0	$0	$0
PAMELA COEFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN DONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANE LEE BROCK	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL GAUDETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
REV ROBERT F KAEDING	BOARD MEMBER	1.00	Director	$0	$0	$0
JOAN WALSH	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER ZASLOWE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINA SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX STARNER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL BOYLE	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN A PETRILLO	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB MCKEON	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL ROLAND	EXECUTIVE DIRECTOR	40.00	Officer	$90,000	$11,550	$101,550
BRIAN FUORRY	DIRECTOR OF FINANCE	40.00	Officer	$41,005	$874	$41,879

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	$2,073,077	$2,107,570	$3,487,082	$-34,493
2023	$1,633,095	$1,845,562	$3,202,506	$-212,467
2022	$1,148,302	$1,336,881	$3,231,273	$-188,579
2021	$922,634	$857,886	$380,061	$64,748
2020	$737,207	$751,174	$330,813	$-13,967
2019	$873,336	$806,623	$383,122	$66,713
2018	$936,283	$878,455	$391,629	$57,828

THE CENTER IN ASBURY PARK INC