NEW JERSEY RETIREES' EDUCATION ASSOCIATION

EIN: 237270274

TRENTON, NJ

Total Revenue
$464,369
Total Expenses
$247,173
Total Assets
$3,019,104
Net Assets
$3,019,104
🔒

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
1960
Legal Domicile
NJ
Principal Officer
DORIANN DODULIK-SWERN
Phone
6095994561
Tax Period
2023-09-01 to 2024-08-31

NEW JERSEY RETIREES' EDUCATION ASSOCIATION, founded in 1960, is a small nonprofit that reported $464K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $217K, a strong 47% operating margin.

Mission

TO KEEP MEMBERS INFORMED ABOUT THE BENEFITS AVAILABLE TO THEM AND HOW THEY MAY OBTAIN THOSE BENEFITS; TO FURTHER THE ADVANCEMENT OF EDUCATION IN NEW JERSEY AND IN THE UNITED STATES OF AMERICA; TO ADVOCATE, PROMOTE, AND URGE THE PASSAGE OF LOCAL, STATE, AND NATIONAL LEGISLATION AND OR PROGRAMS BENEFITING RETIRED MEMBERS; TO PROVIDE MEETINGS SO THAT VALUABLE INFORMATION MAY BE PRESENTED TO THOSE MEMBERS WHO CONDUCT STATE BUSINESS; TO PROVIDE A REPORT OF MEETINGS, "CREA" ACTIVITIES AND OTHER VALUABLE INFORMATION TO EACH MEMBER BY MEANS OF THE NJREA AND NJEA PUBLICATIONS AND MEDIA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $331,510
Investment Income $132,859
Other Revenue $0
TOTAL REVENUE $464,369

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,941
Fundraising Expenses $0
Program Expenses $240,641
Other Expenses $208,941
TOTAL EXPENSES $247,173

Year-over-Year Comparison

2023 2022 Change
Revenue $464,369 $399,313 +0.2%
Expenses $247,173 $297,113 -0.2%
Net Income $217,196 $102,200 +1.1%
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
5
Independent Members
N/A
Employees
6
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
6
$32,772
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN WRIGHT PRESIDENT 5.00
Officer
$10,924 $0 $10,924
KITTY SAUSA FIRST VICE-PRESIDENT 3.00
Officer
$5,462 $0 $5,462
DORIANN SWERN TREASURER 5.00
Officer
$5,462 $0 $5,462
MARY CLEMENTS SECRETARY (P) 3.00
Officer
$4,056 $0 $4,056
RONALD BURD SECOND VICE PRESIDENT 3.00
Officer
$5,462 $0 $5,462
ANITA SCHWARTZ SECRETARY 3.00
Officer
$1,406 $0 $1,406
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 $464,369 $247,173 $3,019,104 $217,196
2023 $399,313 $297,113 $2,757,575 $102,200
2022 $309,297 $203,265 $2,655,375 $106,032
2021 $318,398 $172,152 $2,549,343 $146,246
2020 $342,183 $215,577 $2,403,097 $126,606
2019 $364,869 $258,209 $2,276,491 $106,660
2018 $340,853 $234,439 $2,169,776 $106,414
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEW JERSEY RETIREES' EDUCATION ASSOCIATION with other nonprofits in New Jersey and across the country.