NEW JERSEY CLUB FOUNDATION C/O CARE OF BAY HEAD YACHT CLUB (EIN 223459827) - 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

1996

Legal Domicile

Principal Officer

JEFF D WILLEY

Phone

9082770100

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY CLUB FOUNDATION C/O CARE OF BAY HEAD YACHT CLUB, founded in 1996, is a small nonprofit in the Education sector that reported $241K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO FINANCIALLY SUPPORT EDUCATIONAL PROGRAMS FOR MEMBERS OF THE NJ CHAPTER OF THE CLUB MANAGERS ASSOCIATION OF AMERICA WHO ARE WORKING AS CLUB MANAGERS AND ASSISTANT MANAGERS.

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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 $4,045

Program Service Revenue $237,410

Investment Income $-20,652

Other Revenue $19,829

TOTAL REVENUE $240,632

Expense Breakdown

Grants Paid $42,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $234,424

Other Expenses $236,917

TOTAL EXPENSES $279,417

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,632	$314,458	-0.2%
Expenses	$279,417	$287,530	0.0%
Net Income	$-38,785	$26,928	-2.4%

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

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
JOSEPH KUNTAR	CHAIRMAN	5.00	Officer Director	$0	$0	$0
HOLLY BILOTTI	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JEFF WILLEY	TREASURER/SECRETARY	3.00	Officer Director	$0	$0	$0
ROBERT ANEN	DIRECTOR	2.00	Director	$0	$0	$0
PETER CAFARO	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL POLLACK	DIRECTOR	2.00	Director	$0	$0	$0
RYAN BRENNAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH HART	DIRECTOR	2.00	Director	$0	$0	$0
KANE PAPPAS	DIRECTOR	2.00	Director	$0	$0	$0
DEBBIE PAGERIE	DIRECTOR	2.00	Director	$0	$0	$0
NICHOLAS ROBERTO	DIRECTOR	2.00	Director	$0	$0	$0
DAN PASTERNAK	DIRECTOR	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	$240,632	$279,417	$1,349,892	$-38,785
2023	$314,458	$287,530	$1,294,263	$26,928
2022	$291,813	$239,512	$1,152,291	$52,301
2021	$213,102	$183,664	$1,363,340	$29,438
2020	$222,786	$219,865	$1,312,500	$2,921
2019	$244,998	$194,962	$1,235,505	$50,036
2018	$263,312	$189,070	$1,022,812	$74,242

NEW JERSEY CLUB FOUNDATION C/O CARE OF BAY HEAD YACHT CLUB