NJELSA APPRENTICESHIP PROGRAM

EIN: 320703050 501(c)(3)

POINT PLEASANT BEACH, NJ

Total Revenue
$253,048
Total Expenses
$191,209
Total Assets
$161,800
Net Assets
$116,626
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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
2022
Legal Domicile
NJ
Principal Officer
RICHARD TREVELISE
Phone
6096954444
Tax Period
2024-01-01 to 2024-12-31

NJELSA APPRENTICESHIP PROGRAM, founded in 2022, is a small nonprofit that reported $253K in total revenue in fiscal year 2024. The organization ran a surplus of $62K, a strong 24% operating margin.

Mission

THE ORGANIZATION TRAINS APPRENTICES FOR A CAREER AS SECURITY SYSTEM TECHNICIANS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $184,255
Program Service Revenue $62,690
Investment Income $6,103
Other Revenue $0
TOTAL REVENUE $253,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,391
Other Expenses $191,209
TOTAL EXPENSES $191,209

Year-over-Year Comparison

2024 2023 Change
Revenue $253,048 $242,317 +0.0%
Expenses $191,209 $162,439 +0.2%
Net Income $61,839 $79,878 -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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
9

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD TREVELISE Chairman 1.00
Officer Director
$0 $0 $0
BILL ACKERMAN Trustee 1.00
Director
$0 $0 $0
JOE PETSCH Trustee 1.00
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 $253,048 $191,209 $161,800 $61,839
2023 $242,317 $162,439 $99,961 $79,878
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