NJ AFFORDABLE HOUSING PRESERVATION

EIN: 451161860 501(c)(3)

CHERRY HILL, NJ

Total Revenue
$251,809
Total Expenses
$56,187
Total Assets
$157,781
Net Assets
$152,781
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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
2014
Legal Domicile
NJ
Principal Officer
JUSTIN ACKERMAN
Tax Period
2018-01-01 to 2018-12-31

NJ AFFORDABLE HOUSING PRESERVATION, founded in 2014, is a small nonprofit that reported $252K in total revenue in fiscal year 2018. The organization ran a surplus of $196K, a strong 78% operating margin.

Mission

TO ACQUIRE, MAINTAIN AND OPERATE AFFORDABLE HOUSING PROPERTIES WITH EXCELLENCE SO THAT THEY ARE PRESERVED FOR THE LONG TERM BENEFIT OF THE POPULATION FOR WHOM THEY WERE ORIGINALLY DEVELOPED.

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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 (2018)

Revenue Breakdown

Contributions & Grants $250,826
Program Service Revenue $0
Investment Income $983
Other Revenue $0
TOTAL REVENUE $251,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200
Other Expenses $56,187
TOTAL EXPENSES $56,187

Year-over-Year Comparison

2018 2017 Change
Revenue $251,809 N/A N/A
Expenses $56,187 $54,474 +0.0%
Net Income $195,622 $-54,474 -4.6%
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
6
Independent Members
6
Employees
N/A
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN ACKERMAN PRESIDENT 0.25
Director
$0 $0 $0
GEORGE COWDEN BOARD MEMBER 0.25
Director
$0 $0 $0
GARY BACKINOFF ESQ BOARD MEMBER 0.25
Director
$0 $0 $0
ROB WILLIS BOARD MEMBER 0.25
Director
$0 $0 $0
ANTHONY CUPANO VICE PRESIDE 0.50
Officer
$0 $0 $0
JOHN D'ANASTASIO SECRETARY/TR 0.50
Officer
$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
2018 $251,809 $56,187 $157,781 $195,622
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