CANAL SOCIETY OF NEW JERSEY (EIN 237263028) - 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

1970

Legal Domicile

Principal Officer

JOSEPH MACASEK

Phone

9732922755

Tax Period

2020-01-01 to 2020-12-31

CANAL SOCIETY OF NEW JERSEY, founded in 1970, is a small nonprofit that reported $463K in total revenue in fiscal year 2020. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $382K, a strong 82% operating margin.

Mission

PRESERVE THE HISTORY AND REMAINS OF THE NEW JERSEY HISTORIC TOWPATH CANALS AND EDUCATE THE PUBLIC ABOUT THE TOWPATH CANALS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,277

Program Service Revenue $100

Investment Income $423,846

Other Revenue $34

TOTAL REVENUE $463,257

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $381

Program Expenses $43,157

Other Expenses $78,850

TOTAL EXPENSES $81,350

Year-over-Year Comparison

	2020	2019	Change
Revenue	$463,257	$390,468	+0.2%
Expenses	$81,350	$77,508	+0.0%
Net Income	$381,907	$312,960	+0.2%

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

Independent Members

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
JUDY KEITH	DIRECTOR	10.00	Director	$0	$0	$0
ROBERT BODENSTEIN	DIRECTOR	10.00	Director	$0	$0	$0
RICH RICHTER	DIRECTOR	10.00	Director	$0	$0	$0
BIERCE RILEY	DIRECTOR/SECRETARY	10.00	Officer Director	$0	$0	$0
WILLIAM L PEGG JR	DIRECTOR	10.00	Director	$0	$0	$0
RODNEY HOWARTH	DIRECTOR	10.00	Director	$0	$0	$0
STEVE LAUF	DIRECTOR	10.00	Director	$0	$0	$0
CARL LOUTZENHEISER	DIRECTOR	10.00	Director	$0	$0	$0
JIM LEE	DIRECTOR	10.00	Director	$0	$0	$0
JANICE ESCOBAR	DIRECTOR	10.00	Director	$0	$0	$0
KEN ROSER	TREASURER	10.00	Officer Director	$0	$0	$0
BRUCE BLONDINA	DIRECTOR	10.00	Director	$0	$0	$0
BILL MEIER	DIRECTOR	10.00	Director	$0	$0	$0
JOE MACASEK	PRESIDENT	10.00	Officer	$0	$0	$0
TIM ROTH	VICE PRESIDENT	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
2020	$463,257	$81,350	$6,428,293	$381,907
2019	$390,468	$77,508	$5,956,460	$312,960
2018	$297,106	$81,173	$5,313,826	$215,933

CANAL SOCIETY OF NEW JERSEY