THE JOURNAL SQUARE SPECIAL IMP DISTRICT MGT CORP (EIN 223380047) - 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

1993

Legal Domicile

Principal Officer

AHMED SHEDEED

Phone

2017951854

Tax Period

2023-07-01 to 2024-06-30

THE JOURNAL SQUARE SPECIAL IMP DISTRICT MGT CORP, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $917K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $819K left a modest 11% surplus.

Mission

PROMOTE ECONOMY IN JOURNAL SQUARE, JERSEY CITY, NJ

🔒

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 $916,399

Program Service Revenue $0

Investment Income $971

Other Revenue $0

TOTAL REVENUE $917,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $723,120

Other Expenses $818,686

TOTAL EXPENSES $818,686

Year-over-Year Comparison

	2023	2022	Change
Revenue	$917,370	$774,068	+0.2%
Expenses	$818,686	$775,639	+0.1%
Net Income	$98,684	$-1,571	-63.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JORDAN GALATZ	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT HARWOOD	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL GOLDSTEIN	TRUSTEE	2.00	Director	$0	$0	$0
RAJU PATEL	SECRETARY	2.00	Officer Director	$0	$0	$0
ROHIT SHAH	TRUSTEE	2.00	Director	$0	$0	$0
AHMED SHEDEED	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH DICRISTO	VICE-CHAIRMAN	2.00	Officer Director	$0	$0	$0
LARRY SPADA	TRUSTEE	2.00	Director	$0	$0	$0
PETER MATARRAZZO	TRUSTEE	2.00	Director	$0	$0	$0
BART QUENTZEL	TRUSTEE	2.00	Director	$0	$0	$0
DR CHRISTOPHER M REBER	TRUSTEE	2.00	Director	$0	$0	$0
JAMES RHATICAN	TRUSTEE	2.00	Director	$0	$0	$0
KONSTANTIN YUSIPOV	TRUSTEE	2.00	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
2024	$917,370	$818,686	$431,987	$98,684
2023	$774,068	$775,639	$329,136	$-1,571
2022	$779,601	$774,906	$340,085	$4,695
2021	$791,787	$798,502	$344,967	$-6,715

THE JOURNAL SQUARE SPECIAL IMP DISTRICT MGT CORP