THE BERGEN-PASSAIC ARC FOUNDATION INC

EIN: 223458399 501(c)(3) Human Services

HACKENSACK, NJ

Total Revenue
$31,681
Total Expenses
$69,007
Total Assets
$2,142,389
Net Assets
$2,103,024
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NJ
Principal Officer
ANDREW GATTO
Phone
2013430322
Tax Period
2022-07-01 to 2023-06-30

THE BERGEN-PASSAIC ARC FOUNDATION INC, founded in 1996, is a micro nonprofit in the Human Services sector that reported $32K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. Expenses of $69K exceeded revenue, resulting in a 118% operating deficit.

Mission

THE ADMINISTRATION OF A FOUNDATION THE GENERAL OBJECTIVE OF WHICH IS THE PROMOTION AND ADVANCEMENT OF THE HEALTH, EDUCATION, RECREATION AND GENERAL WELFARE OF DEVELOPMENTALLY DISABLED INDIVIDUALS AND THE RECEIPT, ADMINISTRATION AND INVESTMENT OF FUNDS, GIFTS, AND DEVISES THAT SHALL BE MADE TO THE CORPORATION AND THE DISBURSEMENT OF THE PRINCIPAL AND OR INCOME THERE OF FOR THE PROMOTION AND ADVANCEMENT OF THE HEALTH, EDUCATION, RECREATION AND GENERAL WELFARE OF DEVELOPMENTALLY DISABLED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $31,662
Program Service Revenue $0
Investment Income $19
Other Revenue $0
TOTAL REVENUE $31,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $38,861
Other Expenses $30,146
TOTAL EXPENSES $69,007

Year-over-Year Comparison

2022 2021 Change
Revenue $31,681 $36,046 -0.1%
Expenses $69,007 $52,898 +0.3%
Net Income $-37,326 $-16,852 +1.2%
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

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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
13
Independent Members
11
Employees
N/A
Volunteers
11

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
2
$234,135
Total Directors
13
$234,135
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW GATTO CHAIRPERSON 1.00
Director
$0 $0 $0
G THOMAS CROONQUIST VICE CHAIR 1.00
Director
$0 $0 $0
KEVIN COLLINS TRUSTEE 1.00
Director
$0 $0 $0
JAMES E SEATH TRUSTEE 1.00
Director
$0 $0 $0
AJ KHUBANI TRUSTEE 1.00
Director
$0 $0 $0
NICHOLAS GORAB TRUSTEE 1.00
Director
$0 $0 $0
RALPH MASTRANGELO JR TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM HANSON TRUSTEE 1.00
Director
$0 $0 $0
DR AMIT DATWANI TRUSTEE 1.00
Director
$0 $0 $0
MARY KAY STRATIS TRUSTEE 1.00
Director
$0 $0 $0
ANNE BARETZ TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN WALSH SECRETARY/PRESIDENT/CEO 1.00
Officer Director
$0 $21,145 $146,074
ERIK PATT TREASURER/CFO 1.00
Officer Director
$0 $11,299 $88,061
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 $31,681 $69,007 $2,142,389 $-37,326
2022 $36,046 $52,898 $2,037,655 $-16,852
2021 $684,725 $43,117 $2,278,862 $641,608
2020 $29,398 $249,603 $1,694,603 $-220,205
2019 $15,412 $46,027 $1,960,024 $-30,615
2018 $172,118 $46,076 $1,999,881 $126,042
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