HIGHLANDS, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HIGHLANDS BUSINESS PARTNERSHIP INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $242K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $299K exceeded revenue, resulting in a 24% operating deficit.
HIGHLANDS BUSINESS PARTNERSHIP IS FUNDED ANNUALLY BY A VOLUNTARY ASSESSMENT OF BUSINESS OWNERS IN HIGHLANDS, EVENTS, SPONSORS AND TAX DEDUCTIBLE DONATIONS. HIGHLANDS BUSINESS PARTNERSHIP, A NONPROFIT CORPORATION AND COMMERCIAL ALLIANCE, FOUNDED IN 1999, WORKS ON BEHALF OF ALL THOSE WHO LIVE, WORK OR INVEST IN HIGHLANDS TO FOSTER HIGHLANDS' ECONOMIC DEVELOPMENT, ADVOCATE CONTINUED REVITALIZATION, PRESERVE OUR HISTORIC PAST, AND STRENGTHEN THE ECONOMIC, CULTURAL AND COMMERCIAL CONTRIBUTIONS IN HIGHLANDS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $241,638 | $303,623 | -0.2% |
| Expenses | $298,789 | $270,878 | +0.1% |
| Net Income | $-57,151 | $32,745 | -2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAY COSGROVE | PRESIDENT | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG LENTZ | VICE PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM SLATE | TREASURER | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONICA BASINGER | SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARLA CEFALO | EXECUTIVE DIRECTOR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY BURTON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA LITTLE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FILOMENA ANTONIELLO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GLORIA MILLER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES D BARKER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VALERIE MONTECALVO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID BAKER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $241,638 | $298,789 | $64,727 | $-57,151 |
| 2022 | $303,623 | $270,878 | $121,878 | $32,745 |
| 2019 | $238,371 | $212,216 | $22,926 | $26,155 |
| 2018 | $214,572 | $228,844 | $20,671 | $-14,272 |
Compare HIGHLANDS BUSINESS PARTNERSHIP INC with other nonprofits in New Jersey and across the country.