FRIENDS OF THE PHOENIX CENTER FOUNDATION INC (EIN 223356848) - 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

1995

Legal Domicile

Principal Officer

GERALDINE GIBBIA

Phone

9735420743

Tax Period

2022-07-01 to 2023-06-30

FRIENDS OF THE PHOENIX CENTER FOUNDATION INC, founded in 1995, is a small nonprofit in the Religion sector that reported $312K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $414K exceeded revenue, resulting in a 32% operating deficit.

Mission

PROVIDE EDUCATIONAL & RECREATIONAL PROGRAMS, VEHICLES, COMPUTERS, BUILDING IMPROVEMENTS & EQUIPMENT & RELATED ASSISTANCE TO STUDENTS AT THE PHOENIX CENTER, INC, A SCHOOL FOR STUDENTS WITH DISABILITIES UNDER NJDOE REGULATIONS

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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 (2022)

Revenue Breakdown

Contributions & Grants $249,118

Program Service Revenue $0

Investment Income $18,904

Other Revenue $44,478

TOTAL REVENUE $312,500

Expense Breakdown

Grants Paid $311,659

Salaries & Benefits $0

Fundraising Expenses $54,000

Program Expenses $346,414

Other Expenses $48,290

TOTAL EXPENSES $413,949

Year-over-Year Comparison

	2022	2021	Change
Revenue	$312,500	$381,189	-0.2%
Expenses	$413,949	$345,331	+0.2%
Net Income	$-101,449	$35,858	-3.8%

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

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

$200,795

Total Directors

$200,795

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE MOWER	V. PRESIDENT	2.00	Officer Director	$0	$0	$200,795
JIM BALL	TRUSTEE	1.00	Director	$0	$0	$0
IRYNA CAREY	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH COPTI	TRUSTEE	1.00	Director	$0	$0	$0
MARYANNE DEGROOTE-STRIANO	TRUSTEE	1.00	Director	$0	$0	$0
GERALDINE GIBBIA	PRESIDENT/TR	2.00	Officer Director	$0	$0	$0
DENNIS GIBNEY	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY HECKER	TRUSTEE	1.00	Director	$0	$0	$0
NATALIE NEUBAUER	TRUSTEE	1.00	Director	$0	$0	$0
KIM ANN OAKES	TRUSTEE	1.00	Director	$0	$0	$0
MAYRA PASTORE	TREASURER/TR	2.00	Officer Director	$0	$0	$0
ANDREW ROVEGNO	TRUSTEE	1.00	Director	$0	$0	$0
JIM RUSSOMANO	TRUSTEE	1.00	Director	$0	$0	$0
MARIA SEDLACK	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE SPINA	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$312,500	$413,949	$669,834	$-101,449
2022	$381,189	$345,331	$778,004	$35,858
2021	$344,558	$257,916	$684,283	$86,642
2020	$330,593	$256,920	$565,968	$73,673
2019	$321,494	$288,236	$512,992	$33,258

FRIENDS OF THE PHOENIX CENTER FOUNDATION INC