MY BROTHERS PLACE A NJ NONPROFIT CORPORATION (EIN 463797254) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

DOREEN BAXTER

Phone

9734008162

Tax Period

2024-01-01 to 2024-12-31

MY BROTHERS PLACE A NJ NONPROFIT CORPORATION, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $144K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 17% operating margin.

Mission

AT MY BROTHER'S PLACE, WE MEET THE BASIC, DAILY NEEDS, WHILE INSTILLING HOPE THROUGH A MUTUALLY-CREATED AND PRACTICAL PLAN FOR EACH FAMILY. OUR GOAL IS TO HELP FAMILIES BECOME ACTIVE, SELF-SUFFICIENT MEMBERS OF THEIR RESPECTIVE COMMUNITIES. WE HELP FAMILIES THROUGH THE FOLLOWING PROGRAMS; HOMELESSNESS PREVENTION; SHORT-TERM HOUSING; BIBLICAL COUNSELING; BUDGETING AND FINANCIAL STEWARDSHIP AND RESUME BUILDING, INTERVIEW PREPARATION AND PROFESSIONAL NETWORKING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $140,522

Program Service Revenue $0

Investment Income $3,800

Other Revenue $-815

TOTAL REVENUE $143,507

Expense Breakdown

Grants Paid $49,939

Salaries & Benefits $26,889

Fundraising Expenses $0

Program Expenses $101,362

Other Expenses $41,675

TOTAL EXPENSES $118,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$143,507	$128,117	+0.1%
Expenses	$118,503	$123,243	0.0%
Net Income	$25,004	$4,874	+4.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
DOREEN BAXTER	PRESIDENT	30.00	Officer Director	$0	$0	$0
LEONARD BAXTER	TREASURER	3.00	Officer Director	$0	$0	$0
HENRY BURMEISTER	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
GLENN VANDERPLOOG	TRUSTEE	15.00	Officer Director	$0	$0	$0
LUCAS VANDERPLOOG	TRUSTEE	2.00	Officer Director	$0	$0	$0
MELODEE GOODWIN	SECRETARY	5.00	Officer Director	$0	$0	$0
ALYSSA MYHREN	TRUSTEE	2.00	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	$143,507	$118,503	$320,485	$25,004
2023	$128,117	$123,243	$295,481	$4,874
2022	$176,571	$141,736	$290,607	$34,835
2021	$168,167	$58,015	$255,772	$110,152

MY BROTHERS PLACE A NJ NONPROFIT CORPORATION