280 NEW HACKENSACK ROAD FUND CORP (EIN 473348329) - 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

2015

Legal Domicile

Principal Officer

KIMBERLEE MAHUSKY

Phone

8452271977

Tax Period

2023-09-01 to 2024-08-31

280 NEW HACKENSACK ROAD FUND CORP, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $77K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 38% operating margin.

Mission

TO ACQUIRE, HOLD AND OPERATE INVESTMENT IN REAL ESTATE FOR THE SOLE BENEFIT, AND AS A NOMINEE OF, THE WAPPINGERS CONGRESS OF TEACHERS.

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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 $0

Program Service Revenue $53,949

Investment Income $7

Other Revenue $23,370

TOTAL REVENUE $77,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $48,253

TOTAL EXPENSES $48,253

Year-over-Year Comparison

	2023	2022	Change
Revenue	$77,326	$56,342	+0.4%
Expenses	$48,253	$45,954	+0.1%
Net Income	$29,073	$10,388	+1.8%

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

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

$36,285

Total Directors

$36,285

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP GERTLER	PRESIDENT	2.00	Officer Director	$0	$0	$18,872
KIMBERLEE MAHUSKY	TREASURER	1.00	Officer Director	$0	$0	$9,707
JAMES NURRE	VICE PRESIDE	1.00	Officer Director	$0	$0	$7,706

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	No data	No data	No data	No data
2024	$77,326	$48,253	$301,415	$29,073
2023	$56,342	$45,954	$294,405	$10,388
2022	$57,564	$48,995	$304,441	$8,569
2021	$55,482	$42,002	$318,709	$13,480
2020	$56,313	$40,248	$322,979	$16,065
2019	$57,437	$49,991	$322,570	$7,446
2018	$48,132	$48,616	$332,842	$-484

280 NEW HACKENSACK ROAD FUND CORP