THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC

EIN: 223808649 501(c)(3) Mental Health

GALLOWAY, NJ

Total Revenue
$794,881
Total Expenses
$629,156
Total Assets
$795,976
Net Assets
$315,233
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
KRISTEN RARING
Phone
6096534177
Tax Period
2023-07-01 to 2024-06-30

THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC is a small nonprofit in the Mental Health sector that reported $795K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 21% operating margin.

Mission

THE ALCOVE'S MISSION IS TO PROVIDE A SAFE PLACE WHERE CHILDREN AND THEIR FAMILIES WHO ARE GRIEVING THE DEATH OF A LOVED ONE CAN RECEIVE COMFORT AND SUPPORT THROUGH THE HEALING PROCESS.

Program Service Accomplishments

Program 1
Expenses: $566,240

THE ORGANIZATION OFFERS YOUTH AND FAMILY SUPPORT GROUPS FOR BEREAVED CHILDREN, SCHOOL BASED YOUTH SUPPORT GROUPS AND ADULT SUPPORT GROUPS AT NO COST TO THE CHILDREN AND THEIR FAMILIES. INDIVIDUALIZED...

Read more

THE ORGANIZATION OFFERS YOUTH AND FAMILY SUPPORT GROUPS FOR BEREAVED CHILDREN, SCHOOL BASED YOUTH SUPPORT GROUPS AND ADULT SUPPORT GROUPS AT NO COST TO THE CHILDREN AND THEIR FAMILIES. INDIVIDUALIZED SUPPORT GROUPS ARE OFFERED FOR AN ADDITIONAL FEE. THE THRIFT SHOP RECEIVES DONATIONS, WHICH ARE RECOGNIZED AS REVENUE AT TIME OF SALE. DONATIONS HOLD NO VALUE UNTIL TIME OF SALE.

Program 2

THE PROGRAM WORKS WITH PRIMARY AND SECONDARY VICTIMS OF CRIME WHO HAVE LOSS AND TRAUMA ISSUES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $632,278
Program Service Revenue $41,720
Investment Income $204
Other Revenue $120,679
TOTAL REVENUE $794,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,833
Fundraising Expenses $0
Program Expenses $566,240
Other Expenses $147,323
TOTAL EXPENSES $629,156

Year-over-Year Comparison

2023 2022 Change
Revenue $794,881 $563,399 +0.4%
Expenses $629,156 $511,227 +0.2%
Net Income $165,725 $52,172 +2.2%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
6
Volunteers
40

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
2
$101,300
Total Directors
8
$101,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTEN RARING Executive Dir. 40.00
Officer Director
$101,300 $0 $101,300
MICHELE MASTERMAN President 2.00
Officer Director
$0 $0 $0
BETH BLUMBERG Trustee 1.00
Director
$0 $0 $0
AMY WEINTROB ESQ Trustee 1.00
Director
$0 $0 $0
KELLY BATZ CPA Trustee 1.00
Director
$0 $0 $0
KEITH DAVIS Trustee 1.00
Director
$0 $0 $0
TRACEY REIGHARD MSN RN Trustee 1.00
Director
$0 $0 $0
MARC LUDWIG Trustee 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
2025 No data No data No data No data
2024 $794,881 $629,156 $795,976 $165,725
2023 $563,399 $511,227 $627,973 $52,172
2022 $417,216 $453,855 $105,420 $-36,639
2021 $400,992 $420,929 $198,239 $-19,937
2020 $444,036 $388,427 $186,824 $55,609
2019 $394,738 $353,570 $123,626 $41,168
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.