NEW JERSEY STEEL ASSOCIATION ADVANCEMENT FUND INC (EIN 227241521) - 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

1971

Legal Domicile

Principal Officer

ROBERT SHAW

Phone

7322252265

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY STEEL ASSOCIATION ADVANCEMENT FUND INC, founded in 1971, is a small nonprofit that reported $201K in total revenue in fiscal year 2024. Expenses of $177K left a modest 12% surplus.

Mission

SCHOLARSHIPS,AND TO SUPPORT LABOR NEGOTIATIONS AND STEEL ASSOCIATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $169,897

Investment Income $31,226

Other Revenue $66

TOTAL REVENUE $201,189

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,500

Other Expenses $56,911

TOTAL EXPENSES $177,411

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,189	$197,379	+0.0%
Expenses	$177,411	$126,344	+0.4%
Net Income	$23,778	$71,035	-0.7%

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

N/A

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
FRED ARCHER	FUND TRUSTEE	0.10	Director	$0	$0	$0
STEPHEN SANGLE	TREASURER	0.10	Officer	$0	$0	$0
ROBERT SHAW	PRESIDENT	0.10	Officer	$0	$0	$0
DAVID MURAWSKI	VICE PRESIDENT	0.10	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	$201,189	$177,411	$698,321	$23,778
2023	$197,379	$126,344	$679,993	$71,035
2022	$172,320	$135,389	$608,958	$36,931
2021	$162,641	$121,593	$572,027	$41,048
2020	$206,090	$124,334	$530,979	$81,756
2019	$158,194	$105,590	$449,223	$52,604
2018	$168,691	$115,858	$396,739	$52,833

NEW JERSEY STEEL ASSOCIATION ADVANCEMENT FUND INC