THE THURSDAY MORNING CLUB INC

EIN: 226033906 501(c)(3) Human Services

MADISON, NJ

Total Revenue
$805,015
Total Expenses
$803,554
Total Assets
$2,591,569
Net Assets
$2,550,118
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1924
Legal Domicile
NJ
Principal Officer
CONNIE ROSTIAC
Phone
9733770244
Tax Period
2024-05-01 to 2025-04-30

THE THURSDAY MORNING CLUB INC, founded in 1924, is a small nonprofit in the Human Services sector that reported $805K in total revenue in fiscal year 2024. Net assets of $2.6M represent 38 months of operating reserves.

Mission

SINCE THE INCEPTION THE MISSION OF THE THURSDAY MORNING CLUB HAS BEEN TO SERVE MADISON AND THE SURROUNDING COMMUNITIES BY UNDERTAKING AND OFFERING PROGRESSIVE PROGRAMS FOR THE PERSONAL ENRICHMENT AND GENERAL WELL BEING OF CITIZENS AND MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $61,853
Program Service Revenue $686,815
Investment Income $56,347
Other Revenue $0
TOTAL REVENUE $805,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $364,554
Fundraising Expenses $0
Program Expenses $352,413
Other Expenses $439,000
TOTAL EXPENSES $803,554

Year-over-Year Comparison

2024 2023 Change
Revenue $805,015 $833,585 0.0%
Expenses $803,554 $844,663 0.0%
Net Income $1,461 $-11,078 -1.1%
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
13
Independent Members
13
Employees
24
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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNIE ROSTIAC PRESIDENT 20.00
Director
$0 $0 $0
BARBARA BERGER 1ST VP 2.00
Director
$0 $0 $0
GERRI MEER 2ND VP 2.00
Director
$0 $0 $0
TRICIA ARMSTRONG RECORDING SE 2.00
Director
$0 $0 $0
SHARON SILVER CORRES SECY 2.00
Director
$0 $0 $0
BETTY ANN HOWSON TREASURER 10.00
Director
$0 $0 $0
PAM HOGAN ASST TREASUR 2.00
Director
$0 $0 $0
ANNA PALLADINO MEMBERSHIP 2.00
Director
$0 $0 $0
ANITA PACHECO COMMS CHAIR 2.00
Director
$0 $0 $0
PEACH BOLTON OPERATIONS C 2.00
Director
$0 $0 $0
SUSAN PACKIE PROGRAMS CHM 2.00
Director
$0 $0 $0
VINCYNE LACAPRA WAYS & MEAN 2.00
Director
$0 $0 $0
VINCYNE LACAPRA SOCIAL EVENT 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 $805,015 $803,554 $2,591,569 $1,461
2024 $833,585 $844,663 $2,488,786 $-11,078
2023 $820,140 $962,613 $2,441,132 $-142,473
2022 $723,043 $899,573 $2,636,549 $-176,530
2021 $493,720 $728,132 $2,857,988 $-234,412
2020 $767,360 $924,428 $2,858,837 $-157,068
2020 $767,360 $924,428 $2,858,837 $-157,068
2019 $897,269 $806,850 $3,065,576 $90,419
2018 $871,704 $819,460 $2,980,001 $52,244
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