BAYONNE COMMUNITY FOUNDATION INC (EIN 223620374) - 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

1998

Legal Domicile

Principal Officer

MICHAEL MASONE

Phone

2013390924

Tax Period

2024-10-01 to 2025-09-30

BAYONNE COMMUNITY FOUNDATION INC, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $43K in total revenue in fiscal year 2024. The organization ran a surplus of $9K, a strong 20% operating margin.

Mission

RAISE FUNDS FOR CHARITABLE, EDUCATIONAL & RELIGIOUS PURPOSES WITH FUNDS TO BE USED FOR SCHOLARSHIP PROGRAMS, YOUTH PROGRAMS & SCHOOL MUSIC PROGRAMS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $41,050

Program Service Revenue $0

Investment Income $2,442

Other Revenue $-46

TOTAL REVENUE $43,446

Expense Breakdown

Grants Paid $20,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,500

Other Expenses $14,176

TOTAL EXPENSES $34,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,446	$-89,948	-1.5%
Expenses	$34,676	$27,977	+0.2%
Net Income	$8,770	$-117,925	-1.1%

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	Role	Reportable Comp	Other Comp	Total
PAUL NEWMAN	Pres./Trustee	Officer Director	$0	$0	$0
CHRISTOPHER ROMANO	V.P./Trustee	Officer Director	$0	$0	$0
FRANCIS X LAMPARELLO	Trustee	Director	$0	$0	$0
MICHAEL MASONE	Chairman	Director	$0	$0	$0
JOHN MINELLA	Trustee	Director	$0	$0	$0
PAUL WEEKS	Trustee	Director	$0	$0	$0
BRIAN BEEBE	Trustee	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	$43,446	$34,676	$684,138	$8,770
2024	$-89,948	$27,977	$657,296	$-117,925
2023	$55,207	$32,915	$686,788	$22,292
2022	$44,945	$46,245	$600,585	$-1,300
2021	$363,402	$29,351	$620,634	$334,051

BAYONNE COMMUNITY FOUNDATION INC