PROGRESSIVE NEW JERSEY INC

EIN: 471093420 Community Improvement

HOBOKEN, NJ

Total Revenue
N/A
Total Expenses
$106,928
Total Assets
$424,932
Net Assets
$424,932
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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
GREGORY DELL'AQUILA
Phone
2016004421
Tax Period
2023-06-01 to 2024-05-31

Mission

ORGANIZED FOR THE PURPOSE OF PROMOTING SOCIAL WELFARE, WITHIN THE MEANING OF SECTION 501(C)4 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, TO SUPPORT AND FURTHER THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS AND LOCAL COMMUNITIES OF THE STATE OF NEW JERSEY.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $37,900
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,900
Other Expenses $69,028
TOTAL EXPENSES $106,928

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $250,000 -1.0%
Expenses $106,928 $4,000 +25.7%
Net Income N/A $246,000 N/A
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
1
Independent Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY DELL'AQUILA TREASURER 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
2024 No data $106,928 $424,932 No data
2023 $250,000 $4,000 $531,861 $246,000
2018 $135 $117,212 $216,841 $-117,077
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