Passaic Optimist Friend of Youth Foundation Inc (EIN 450930833) - 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

2011

Legal Domicile

Principal Officer

DAN SHERIDAN

Tax Period

2023-01-01 to 2023-12-31

Passaic Optimist Friend of Youth Foundation Inc, founded in 2011, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2023. Revenue surged 362% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 58% operating margin.

Mission

Grant scholarships to deserving New Jersey students and provide education opportunities in Passaic NJ areayouth appreciation award

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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 $37,986

Program Service Revenue $0

Investment Income $67,244

Other Revenue $78,404

TOTAL REVENUE $183,634

Expense Breakdown

Grants Paid $74,442

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,727

Other Expenses $2,043

TOTAL EXPENSES $76,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	$183,634	$39,789	+3.6%
Expenses	$76,485	$77,971	0.0%
Net Income	$107,149	$-38,182	-3.8%

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

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SHERIDAN	President Trustee	N/A	Officer Director	$0	$0	$0
GERMAINE GIBSON	First Vice President	N/A	Officer	$0	$0	$0
JASON SCOTTI	Second Vice President	N/A	Officer	$0	$0	$0
JOHN CIUPPA	TreasurerTrustee	N/A	Officer Director	$0	$0	$0
ESMERALDA CABRERA	Recording Secretary	N/A	Officer	$0	$0	$0
JEROME GALLAGHER	TrusteeCorresponding	N/A	Officer Director	$0	$0	$0
CARLIST CREECH	Trustee	N/A	Director	$0	$0	$0
JAMES MALISSA	Trustee	N/A	Director	$0	$0	$0
JUAN IZAGUIRRE	Trustee	N/A	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	$183,634	$76,485	$336,784	$107,149
2022	$39,789	$77,971	$229,635	$-38,182
2021	$109,369	$43,402	$267,817	$65,967

Passaic Optimist Friend of Youth Foundation Inc