ENGAGENJ A NJ NONPROFIT CORPORATION

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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

1985

Legal Domicile

Principal Officer

DR SAUL PETERSEN

Phone

6093353668

Tax Period

2024-07-01 to 2025-06-30

ENGAGENJ A NJ NONPROFIT CORPORATION, founded in 1985, is a small nonprofit in the Education sector that reported $597K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

ENGAGE NJ IS A COLLABORATIVE FORCE IN EQUIPPING AND EMPOWERING CAMPUSES TO FOSTER COMPETENCIES THAT ADVANCE DEMOCRACY AND ENABLE STUDENTS TO THRIVE IN 21ST CENTURY LIFE AND WORK.

Program Service Accomplishments

Program 1

Expenses: $63,146

USING A VOLUNTEER GENERATION GRANT THROUGH THE DEPT. STATE, HELD VIRTUAL VOLUNTEER CONFERENCE AND FAIR FOR STUDENTS TO ENCOURAGE INCREASES IN CIVIC ENGAGEMENT AND VOLUNTEERISM THAT SOLVES PUBLIC...

USING A VOLUNTEER GENERATION GRANT THROUGH THE DEPT. STATE, HELD VIRTUAL VOLUNTEER CONFERENCE AND FAIR FOR STUDENTS TO ENCOURAGE INCREASES IN CIVIC ENGAGEMENT AND VOLUNTEERISM THAT SOLVES PUBLIC ISSUES AND DEVELOPS 21ST CENTURY SKILLS. DEVELOPED A NEW ENGAGE NJ RESOURCE CALLED THE STUDENT OPPORTUNITIES FOR SERVICE DATABASE. DEVELOPED THE THRIVERS DATABASE OF SKILLED CIVIC LEADERS. ALL DONATED SERVICES ARE NOT INCLUDED. GRANT CYCLE (OCTOBER - SEPTEMBER) IS DIFFERENT FROM FILING CYCLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $461,263

Program Service Revenue $132,000

Investment Income $3,365

Other Revenue $0

TOTAL REVENUE $596,628

Expense Breakdown

Grants Paid $215,590

Salaries & Benefits $197,805

Fundraising Expenses $0

Program Expenses $426,436

Other Expenses $175,617

TOTAL EXPENSES $589,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$596,628	$512,934	+0.2%
Expenses	$589,012	$631,253	-0.1%
Net Income	$7,616	$-118,319	-1.1%

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

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

$147,805

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SAUL PETERSEN	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$147,805
DR JONATHAN KOPPELL	CHAIR	2.00	Officer Director	$0	$0	$0
DR STEVEN ROSE	TREASURER	2.00	Officer Director	$0	$0	$0
DR ROCHELLE HENDRICKS	MEMBER	2.00	Director	$0	$0	$0
DR MICHAEL MCDONOUGH	MEMBER	2.00	Director	$0	$0	$0
DR MARK MCCORMICK	MEMBER	2.00	Director	$0	$0	$0
DR LAMONT REPOLLET	MEMBER	2.00	Director	$0	$0	$0
DR HASKELL BERMAN	MEMBER	2.00	Director	$0	$0	$0
DR DAVID BIRDSELL	MEMBER	2.00	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
2025	$596,628	$589,012	$605,680	$7,616
2024	$512,934	$631,253	$398,693	$-118,319
2023	$351,091	$452,329	$323,512	$-101,238
2022	$475,420	$379,364	$346,812	$96,056
2021	$388,884	$336,125	$321,799	$52,759
2020	$405,764	$656,109	$363,015	$-250,345
2019	$400,139	$610,798	$319,549	$-210,659
2018	$289,953	$483,103	$233,211	$-193,150