MONMOUTH PARK CHARITY FUND INC

EIN: 226063135 501(c)(3)

OCEANPORT, NJ

Total Revenue
$286,506
Total Expenses
$358,734
Total Assets
$339,358
Net Assets
$339,358
🔒

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

Formation Year
1947
Legal Domicile
NJ
Principal Officer
CASEY PIOLI
Phone
7325715326
Tax Period
2024-01-01 to 2024-12-31

MONMOUTH PARK CHARITY FUND INC, founded in 1947, is a small nonprofit that reported $287K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $359K exceeded revenue, resulting in a 25% operating deficit.

Mission

RAISING OF FUNDS FOR DISTRIBUTION TO MONMOUTH COUNTY NJ CHARITIES

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $139,929
Program Service Revenue $0
Investment Income $0
Other Revenue $146,577
TOTAL REVENUE $286,506

Expense Breakdown

Grants Paid $217,250
Salaries & Benefits $105,851
Fundraising Expenses $0
Program Expenses $217,250
Other Expenses $35,633
TOTAL EXPENSES $358,734

Year-over-Year Comparison

2024 2023 Change
Revenue $286,506 $331,401 -0.1%
Expenses $358,734 $354,429 +0.0%
Net Income $-72,228 $-23,028 +2.1%
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

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
75

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
8
$72,144
Total Directors
18
$72,144
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN LLOYD CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN PAGANO TRUSTEE 1.00
Director
$0 $0 $0
RAYMOND R CURNEW JR TRUSTEE 1.00
Director
$0 $0 $0
JEANNE WALL TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW HOLMAN TREASURER 1.00
Officer Director
$0 $0 $0
DEBI HEPTIG DIRECTOR OF OPERATIONS 40.00
Officer Director
$72,144 $0 $72,144
ANITA ROSELLE VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
THOMAS F HAYES TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER DIEHL TRUSTEE 1.00
Director
$0 $0 $0
WARREN DIAMOND TRUSTEE 1.00
Director
$0 $0 $0
THOMAS DONOVAN TRUSTEE 1.00
Director
$0 $0 $0
JOHN KLEIN TRUSTEE 1.00
Director
$0 $0 $0
DENISE ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
LINDA SIRICO SECRETARY 1.00
Officer Director
$0 $0 $0
BARRY SHAPIRO VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIA TANZOLA CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
GINA PETILLO TRUSTEE 1.00
Director
$0 $0 $0
NONA BALABAN RACETRACK LIASION 1.00
Officer 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
2024 $286,506 $358,734 $339,358 $-72,228
2023 $331,401 $354,429 $411,586 $-23,028
2022 $469,235 $295,040 $434,614 $174,195
2021 $167,517 $186,775 $275,447 $-19,258
2020 $238,942 $203,855 $279,679 $35,087
2019 $373,372 $296,187 $244,592 $77,185
2018 $297,637 $268,155 $167,406 $29,482
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MONMOUTH PARK CHARITY FUND INC with other nonprofits in New Jersey and across the country.