NEW JERSEY SHARES INC

EIN: 223564398 501(c)(3) Human Services

FLEMINGTON, NJ

Total Revenue
$5,966,321
Total Expenses
$5,817,523
Total Assets
$6,103,316
Net Assets
$1,566,053
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NJ
Principal Officer
CHERYL STOWELL
Phone
6098831478
Tax Period
2023-01-01 to 2023-12-31

NEW JERSEY SHARES INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $6.0M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED OF HELP IN MEETING THEIR ENERGY AND UTILITY BURDEN THROUGH ADVOCACY, COMMUNITY OUTREACH, EDUCATION, INFORMATION AND REFERRAL, AND TO CONNECT LOW AND MODERATE INCOME HOUSEHOLDS WITH AVAILABLE RESOURCES TO MEET THEIR ONGOING NEEDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,701,495
Program Service Revenue $2,207,040
Investment Income $110,049
Other Revenue $-52,263
TOTAL REVENUE $5,966,321

Expense Breakdown

Grants Paid $3,497,764
Salaries & Benefits $1,548,359
Fundraising Expenses $178,082
Program Expenses $5,041,377
Other Expenses $771,400
TOTAL EXPENSES $5,817,523

Year-over-Year Comparison

2023 2022 Change
Revenue $5,966,321 $8,748,108 -0.3%
Expenses $5,817,523 $8,516,687 -0.3%
Net Income $148,798 $231,421 -0.4%
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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Governance

Voting Members
20
Independent Members
20
Employees
26
Volunteers
20

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
7
$471,702
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL STOWELL CHIEF EXECUTIVE OFFICER 40.00
Officer
$261,773 $11,780 $273,553
MONICA GRYBOWSKI DIRECTOR OF FINANCE 40.00
Officer
$172,216 $25,933 $198,149
JENNIFER LAZOR ASSISTANT DIRECTOR 40.00
Highest
$105,250 $246 $105,496
JENNY DAVIS TOTH CHAIRPERSON 2.00
Officer Director
$0 $0 $0
ULISES DIAZ 1ST VICE CHAIRPERSON 2.00
Officer Director
$0 $0 $0
KELLY MCBURNEY 2ND VICE CHAIRPERSON 2.00
Officer Director
$0 $0 $0
JOHN SARTOR TREASURER 2.00
Officer Director
$0 $0 $0
TIFFANY STEWART ESQ SECRETARY 2.00
Officer Director
$0 $0 $0
CLAIRE BARTOLOMEO BOARD MEMBER 2.00
Director
$0 $0 $0
ADAM BURGER BOARD MEMBER 2.00
Director
$0 $0 $0
DEBORAH DAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES DIETERLE BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA FEGER BOARD MEMBER 2.00
Director
$0 $0 $0
ALFRED GLASS BOARD MEMBER 2.00
Director
$0 $0 $0
HEATHER GREEN BOARD MEMBER 2.00
Director
$0 $0 $0
CHIP HALLOCK BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS JAMES BOARD MEMBER 2.00
Director
$0 $0 $0
JANICE MIRONOV BOARD MEMBER 2.00
Director
$0 $0 $0
SAMANTHA MYERS BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL NARDO BOARD MEMBER 2.00
Director
$0 $0 $0
GARY PRETTYMAN BOARD MEMBER 2.00
Director
$0 $0 $0
DENISE VENUTI-FREE BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER P YOUNG BOARD MEMBER 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 No data No data No data No data
2023 $5,966,321 $5,817,523 $6,103,316 $148,798
2022 $8,748,108 $8,516,687 $6,353,092 $231,421
2021 $3,282,421 $3,710,292 $9,113,571 $-427,871
2020 $2,203,644 $2,417,268 $2,418,928 $-213,624
2019 $1,371,118 $2,478,801 $1,866,901 $-1,107,683
2018 $2,310,443 $3,148,276 $2,985,471 $-837,833
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