HOME AND SCHOOL ASSOC OF SOMERSET HILLS SOMERSET HILLS INC

EIN: 223615526 501(c)(3) Education

BERNARDSVILLE, NJ

Total Revenue
$82,797
Total Expenses
$57,792
Total Assets
$120,559
Net Assets
$120,559
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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
1999
Legal Domicile
NJ
Principal Officer
SASHA BLIGH
Phone
9086969935
Tax Period
2023-07-01 to 2024-06-30

HOME AND SCHOOL ASSOC OF SOMERSET HILLS SOMERSET HILLS INC, founded in 1999, is a micro nonprofit in the Education sector that reported $83K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 30% operating margin.

Mission

TO PROMOTE A POSITIVE RELATIONSHIP BETWEEN HOME, SCHOOL AND COMMUNITY IN ORDER TO ENHANCE THE EDUCATIONAL ENVIORNMENT OF BEDWELL SCHOOL AND BMS.

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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 $18,914
Program Service Revenue $28,728
Investment Income $27
Other Revenue $35,128
TOTAL REVENUE $82,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,917
Other Expenses $57,792
TOTAL EXPENSES $57,792

Year-over-Year Comparison

2023 2022 Change
Revenue $82,797 $63,676 +0.3%
Expenses $57,792 $62,310 -0.1%
Net Income $25,005 $1,366 +17.3%
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

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Governance

Voting Members
24
Independent Members
24
Employees
N/A
Volunteers
200

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
0
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASH DAVIS BMS CO PRESIDENT 5.00
Director
$0 $0 $0
JENNIFER ADAMS BMS CO PRESIDENT 5.00
Director
$0 $0 $0
CHRISTINA FRAME BMS TREASURER 5.00
Director
$0 $0 $0
MICHELLE FINNERTY BMS ASSISTANT TREASURER 5.00
Director
$0 $0 $0
KERI MARIKAKIS BMS RECORDING SECRTARY 5.00
Director
$0 $0 $0
KELLY DUNNDER BMS MEMBERSHIP 5.00
Director
$0 $0 $0
KELLY HUNT BEDWELL CO PRESIDENT 5.00
Director
$0 $0 $0
ALLICEN LIBRERA BEDWELL CO PRESIDENT 5.00
Director
$0 $0 $0
KATIE RYAN BEDWELL TREASURER 5.00
Director
$0 $0 $0
ALICIA OCHS BEDWELL ASST TREASURER 5.00
Director
$0 $0 $0
STACI FORAN BEDWELL CO VP EVENTS & FUN 5.00
Director
$0 $0 $0
CAT MARTIN BEDWELL CO VP EVENTS & FUN 5.00
Director
$0 $0 $0
SASHA BLIGHT CFO 5.00
Director
$0 $0 $0
JENNIFER CARUSO BEDWELL RECORDING SECRETAR 5.00
Director
$0 $0 $0
ANDREA CHURCH BEDWELL FAMILY LIAISON 5.00
Director
$0 $0 $0
MEGHAN FLINN BMS CO-VP 5.00
Director
$0 $0 $0
LORI SHAW BMS CO-VP 5.00
Director
$0 $0 $0
TACY QUINN BMS SOCIAL MEDIA 5.00
Director
$0 $0 $0
LEE EATON BEDWELL SOCIAL MEDIA 5.00
Director
$0 $0 $0
KIMBERLY PERRET BEDWELL VP HOMEROOM 5.00
Director
$0 $0 $0
RONNIE ARMELLION-GOODWIN BEDWELL CO SECRETARIES WEBSITE 5.00
Director
$0 $0 $0
KATHY FERRUGGIA BEDWELL CO SECRETARIES MEMBER 5.00
Director
$0 $0 $0
AYESHA FAILEY BMS CORRESPONDING SECRETARY 5.00
Director
$0 $0 $0
MARIOLA DOMINGUEZ BMS HSA CHAIR 5.00
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 $82,797 $57,792 $120,559 $25,005
2023 $63,676 $62,310 $95,554 $1,366
2022 $74,433 $64,466 $94,188 $9,967
2021 $66,473 $62,378 $84,221 $4,095
2020 $71,657 $61,825 $80,126 $9,832
2019 $95,165 $80,839 $70,294 $14,326
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