HOME & SCHOOL ASSOCIATION OF THE BOROUGH OF MEDFORD LAKES INC (EIN 223808605) - 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

1986

Legal Domicile

Tax Period

2023-09-01 to 2024-08-31

HOME & SCHOOL ASSOCIATION OF THE BOROUGH OF MEDFORD LAKES INC, founded in 1986, is a small nonprofit in the Education sector that reported $193K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

TO ENRICH THE EDUCATIONAL EXPERIENCES OF THE CHILDREN OF MEDFORD LAKES AND TO ENSURE THAT EVERY EDUCATIONAL EXPERIENCE IS IN THE BEST INTEREST OF THE CHILDREN

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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 (2023)

Revenue Breakdown

Contributions & Grants $750

Program Service Revenue $192,488

Investment Income $27

Other Revenue $0

TOTAL REVENUE $193,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $196,618

Other Expenses $199,049

TOTAL EXPENSES $199,049

Year-over-Year Comparison

	2023	2022	Change
Revenue	$193,265	$214,670	-0.1%
Expenses	$199,049	$217,946	-0.1%
Net Income	$-5,784	$-3,276	+0.8%

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

N/A

Employees

N/A

Volunteers

N/A

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
KARA WAHLGREN	President	10.00	Officer	$0	$0	$0
KIM MARCHITELLO	Vice President	10.00	Officer	$0	$0	$0
AMY BEYER	VP of Committee	10.00	Officer	$0	$0	$0
JILL CIOTTI	Treasurer	8.00	Officer	$0	$0	$0
SUE LOTIERZO	Treasurer	7.00	Officer	$0	$0	$0
TRACEY CASCIATO	Secretary	5.00	Officer	$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	$193,265	$199,049	$44,361	$-5,784
2023	$214,670	$217,946	$50,145	$-3,276
2022	$208,661	$190,428	$53,421	$18,233

HOME & SCHOOL ASSOCIATION OF THE BOROUGH OF MEDFORD LAKES INC