TOMS RIVER STUDENT LOAN FUND

EIN: 226069151 501(c)(3)

TOMS RIVER, NJ

Total Revenue
$77,501
Total Expenses
$5,839
Total Assets
$1,675,656
Net Assets
$1,675,656
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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
1937
Legal Domicile
NJ
Phone
7323411773
Tax Period
2022-01-01 to 2022-12-31

TOMS RIVER STUDENT LOAN FUND, founded in 1937, is a micro nonprofit that reported $78K in total revenue in fiscal year 2022. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $72K, a strong 92% operating margin.

Mission

MAKE EDUCATION LOANS FOR COLLEGE

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $77,460
Investment Income $41
Other Revenue $0
TOTAL REVENUE $77,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,640
Other Expenses $5,839
TOTAL EXPENSES $5,839

Year-over-Year Comparison

2022 2021 Change
Revenue $77,501 $122,620 -0.4%
Expenses $5,839 $6,144 0.0%
Net Income $71,662 $116,476 -0.4%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
18

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS TOTARO Treasurer 10.00
Officer
$0 $0 $0
PETER J VAN DYKE President 10.00
Officer
$0 $0 $0
CARMEN MEMOLI 1ST VICE PRESID 10.00
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 No data No data No data No data
2022 $77,501 $5,839 $1,675,656 $71,662
2021 $122,620 $6,144 $1,603,994 $116,476
2020 $60,528 $5,889 $1,487,518 $54,639
2019 $14,408 $5,939 $1,432,879 $8,469
2018 $77,811 $5,789 $1,424,409 $72,022
2018 $77,810 $5,788 $1,424,409 $72,022
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