FAMILY PROMISE OF THE JERSEY SHORE INC (EIN 261970045) - 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

2008

Legal Domicile

Principal Officer

EILEEN HEPP

Phone

6099943317

Tax Period

2023-01-01 to 2023-12-31

FAMILY PROMISE OF THE JERSEY SHORE INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $598K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $528K left a modest 12% surplus.

Mission

TO PROVIDE HELP, HOPE, AND A SAFE HAVEN FOR HOMELESS FAMILIES WHILE THEY SEEK PERMANENT EMPLOYMENT AND AFFORDABLE HOUSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $558,344

Program Service Revenue $0

Investment Income $6,986

Other Revenue $32,370

TOTAL REVENUE $597,700

Expense Breakdown

Grants Paid $86,655

Salaries & Benefits $288,338

Fundraising Expenses $74,732

Program Expenses $394,318

Other Expenses $153,227

TOTAL EXPENSES $528,220

Year-over-Year Comparison

	2023	2022	Change
Revenue	$597,700	$352,506	+0.7%
Expenses	$528,220	$354,809	+0.5%
Net Income	$69,480	$-2,303	-31.2%

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

Volunteers

400

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

$105,750

Total Directors

$26,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH GOLLA	EXECUTIVE DIRECTOR	50	Officer	$79,750	$0	$79,750
TAMMY STAUB	ADMINISTRATIVE ASSISTANT	40	Officer Director	$26,000	$0	$26,000
EILEEN HEPP	BOARD PRESIDENT	5	Officer Director	$0	$0	$0
DIANNA IVANOV	BOARD VICE PRESIDENT	2	Officer Director	$0	$0	$0
DONNA WILSON	BOARD TREASURER	2	Officer Director	$0	$0	$0
GRACE PAULHUS	BOARD SECRETARY	5	Officer Director	$0	$0	$0
JOHN GARAFOLO	BOARD MEMBER	5	Director	$0	$0	$0
PHILIP BAKELAAR	BOARD MEMBER	1	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	No data	No data	No data	No data
2023	$597,700	$528,220	$672,141	$69,480
2022	$352,506	$354,809	$557,336	$-2,303
2021	$524,396	$369,070	$538,779	$155,326
2020	$287,917	$182,295	$369,478	$105,622
2019	$219,113	$172,246	$264,242	$46,867
2018	$126,808	$145,833	$216,625	$-19,025

FAMILY PROMISE OF THE JERSEY SHORE INC