Trenton, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Educational Leadership Foundation of New Jersey Inc, founded in 2008, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $306K exceeded revenue, resulting in a 52% operating deficit.
ELFNJ was founded to advance the governance of New Jerseys public schools, through training and research. To accomplish that, it works with the New Jersey School Boards Association, by securing resources to support school board professional development.
New board member orientation- all newly elected school board members are required by the school district Accountability Act to attend a new board member orientation conference within the first year...
New board member orientation- all newly elected school board members are required by the school district Accountability Act to attend a new board member orientation conference within the first year of service. The program immerses new board members in training related to student achievement, school finance, policy development , labor negotiation and ethics.
County programs offer training close to home through County School Board Associations. Each County hosts events throughout the year on topics of interest. These include: school law - the use of...
County programs offer training close to home through County School Board Associations. Each County hosts events throughout the year on topics of interest. These include: school law - the use of social media by board members, building community partnerships, student safety and cyber security, budget/ finance - the boardss role in the budget, crisis management, STEM/STEAM, sustainability, the arts in education and regionalization. Over 4,000 board members registered for these meetings during the year.
Support of student leadership and arts program
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $201,523 | $297,492 | -0.3% |
| Expenses | $305,829 | $329,823 | -0.1% |
| Net Income | $-104,306 | $-32,331 | +2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Maria Alamo | Chairperson | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael McClure | Vice Chairperson | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Raymond R Wiss Esq | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hope Blackburn Esq | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Tom Connors | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Stephanie Fisher | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Rochelle Hendricks | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Ellen Mushinski | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Osner J Charles | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Lloyd Rosenberg | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Karen Cortellino MD | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Dr Timothy Purnell | CEO | 5.00 |
Officer
Director
|
$0 | $0 | $263,863 |
| David Hespe | Executive Director | 5.00 |
Officer
|
$18,500 | $0 | $18,500 |
| Creighton Drury | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Michael A Jacobs | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Loretta Winters | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $201,523 | $305,829 | $32,630 | $-104,306 |
| 2024 | $297,492 | $329,823 | $136,910 | $-32,331 |
| 2023 | $248,066 | $221,221 | $218,024 | $26,845 |
| 2022 | $190,850 | $163,142 | $240,694 | $27,708 |
| 2021 | $123,315 | $122,959 | $189,787 | $356 |
| 2020 | $345,793 | $260,852 | $191,191 | $84,941 |
Compare Educational Leadership Foundation of New Jersey Inc with other nonprofits in New Jersey and across the country.