UNITED ADJUNCT FACULTY OF NEW JERSE

EIN: 270402424

GARWOOD, NJ

Total Revenue
$371,689
Total Expenses
$366,548
Total Assets
$2,034,575
Net Assets
$2,034,575
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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
2009
Legal Domicile
NJ
Principal Officer
NANCY MERRILL
Phone
9084001491
Tax Period
2023-01-01 to 2023-12-31

UNITED ADJUNCT FACULTY OF NEW JERSE, founded in 2009, is a small nonprofit that reported $372K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $2.0M represent 66 months of operating reserves.

Mission

THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE LIVES OF THEIR MEMBERS AND THEIR FAMILIES; TO GIVE A VOICE TO THEIR PROFESSIONAL, ECONOMIC, AND SOCIAL ASPIRATIONS;TO STRENGTHEN THE INSTITUTIONS IN WHICH THEY WORK.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $366,445
Program Service Revenue $0
Investment Income $5,244
Other Revenue $0
TOTAL REVENUE $371,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,446
Fundraising Expenses $0
Other Expenses $168,102
TOTAL EXPENSES $366,548

Year-over-Year Comparison

2023 2022 Change
Revenue $371,689 $339,049 +0.1%
Expenses $366,548 $350,644 +0.0%
Net Income $5,141 $-11,595 -1.4%
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

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Governance

Voting Members
13
Independent Members
1
Employees
33
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
13
$111,302
Total Directors
13
$111,302
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM LIPKIN PRESIDENT 5.00
Officer Director
$25,900 $0 $25,900
NANCY MERRILL TREASURER 5.00
Officer Director
$22,211 $0 $22,211
LYNNE CUMMINGS EXEC VICE PR 5.00
Officer Director
$12,404 $0 $12,404
JOHN L SMITH VICE PRESIDE 5.00
Officer Director
$10,404 $0 $10,404
NANCY HYNES LASEK VICE PRESIDE 5.00
Officer Director
$9,888 $0 $9,888
DENNIS JOHNSON VICE PRESIDE 5.00
Officer Director
$8,000 $0 $8,000
CHERIE KIPPLE VICE PRESIDE 5.00
Officer Director
$5,250 $0 $5,250
ROBERT DEL SORDO VICE PRESIDE 5.00
Officer Director
$4,434 $0 $4,434
NAN SCHOENFELT VICE PRESIDE 5.00
Officer Director
$4,354 $0 $4,354
LEONARD WINOGORA VICE PRESIDE 5.00
Officer Director
$3,800 $0 $3,800
JOAN CARROLL VICE PRESIDE 5.00
Officer Director
$2,480 $0 $2,480
PATRICA CLANCY VICE PRESIDE 5.00
Officer Director
$2,177 $0 $2,177
CINDY SIMON VICE PRESIDE 5.00
Officer 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 $371,689 $366,548 $2,034,575 $5,141
2022 $339,049 $350,644 $2,034,850 $-11,595
2021 $344,192 $312,843 $2,041,311 $31,349
2020 $378,743 $372,630 $2,009,680 $6,113
2019 $429,385 $397,567 $2,003,792 $31,818
2018 $608,512 $499,706 $1,971,974 $108,806
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