NEW JERSEY TOGETHER INC

EIN: 450663052 501(c)(3) Human Services

JERSEY CITY, NJ

Total Revenue
$505,306
Total Expenses
$575,864
Total Assets
$109,410
Net Assets
$42,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NJ
Phone
2013511658
Tax Period
2023-01-01 to 2023-12-31

NEW JERSEY TOGETHER INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $505K in total revenue in fiscal year 2023. Expenses of $576K exceeded revenue, resulting in a 14% operating deficit.

Mission

New Jersey Together focused on four main activities: A) To improve the health and welfare of residents of New Jersey;B) To carry out leadership training and development programs within communities and institutions in New Jersey;C) To research public issues of concern to communities and institutions in New Jersey, and to formulate and carry out strategies to constructively address these issues;D) To educate the general public about these issues.

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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 $483,291
Program Service Revenue $22,000
Investment Income $15
Other Revenue $0
TOTAL REVENUE $505,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $409,957
Fundraising Expenses $0
Program Expenses $512,071
Other Expenses $165,907
TOTAL EXPENSES $575,864

Year-over-Year Comparison

2023 2022 Change
Revenue $505,306 $478,876 +0.1%
Expenses $575,864 $695,272 -0.2%
Net Income $-70,558 $-216,396 -0.7%
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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Governance

Voting Members
6
Independent Members
6
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
5
$118,940
Total Directors
8
$118,940
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL STANLEY Executive Dir. 40.00
Officer Director
$118,940 $0 $118,940
REV GALINDO KING Trustee 3.00
Director
$0 $0 $0
REV DR DOUGLAS MAVEN Trustee 3.00
Director
$0 $0 $0
RABBI ELLIOTT TEPPERMAN Secretary 3.00
Officer Director
$0 $0 $0
REV ALONZO PERRY SR Treasurer 3.00
Officer Director
$0 $0 $0
REV DR JOSHUA RODRIGUEZ President 3.00
Officer Director
$0 $0 $0
VERNON VERHOEFF Trustee 3.00
Director
$0 $0 $0
KATRINA FOREMAN Vice President 3.00
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 $505,306 $575,864 $109,410 $-70,558
2022 $478,876 $695,272 $188,130 $-216,396
2021 $477,596 $443,041 $329,925 $34,555
2020 $495,188 $241,259 $325,370 $253,929
2019 $247,091 $239,490 $41,441 $7,601
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