The Center for Education NJ Inc

EIN: 473567267 501(c)(3) Education

Lakewood, NJ

Total Revenue
$8,927,470
Total Expenses
$8,690,144
Total Assets
$2,040,737
Net Assets
$1,184,723
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
NJ
Principal Officer
Chaim Gross
Phone
7323670099
Tax Period
2024-07-01 to 2025-06-30

The Center for Education NJ Inc is a community nonprofit in the Education sector that reported $8.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

The school's mission is to provide a quality, comprehensive education and therapy services to students with disabilities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $70,000
Program Service Revenue $8,855,822
Investment Income $1,648
Other Revenue $0
TOTAL REVENUE $8,927,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,501,846
Fundraising Expenses $0
Program Expenses $7,696,786
Other Expenses $2,188,298
TOTAL EXPENSES $8,690,144

Year-over-Year Comparison

2024 2023 Change
Revenue $8,927,470 $7,492,124 +0.2%
Expenses $8,690,144 $7,313,482 +0.2%
Net Income $237,326 $178,642 +0.3%
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
5
Independent Members
5
Employees
134
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
5
$937,021
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shira Lieberman School Director 25.00
Officer
$191,558 $64,700 $409,730
Chaya R Bender Executive Dir. 20.00
Officer
$121,900 $45,400 $300,048
Aaron Nussbacher CFO 16.00
Officer
$69,941 $49,600 $227,243
Shevi Prager Assistant Director 40.00
$120,000 $0 $175,996
David Pereg Chef 40.00
$125,000 $0 $150,000
Jean Marie Boyle Occupational Therapist 40.00
$115,604 $0 $115,604
Israel Grafstein Secretary 1.00
Officer Director
$0 $0 $0
David Hillel Trustee 1.00
Director
$0 $0 $0
Chaim Gross Treasurer 1.00
Officer Director
$0 $0 $0
Israel Nachum Trustee 0.00
Director
$0 $0 $0
David Lieberman Trustee 1.00
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 $8,927,470 $8,690,144 $2,040,737 $237,326
2024 $7,492,124 $7,313,482 $1,352,297 $178,642
2023 $6,481,785 $6,311,190 $1,077,610 $170,595
2022 $5,677,342 $5,549,334 $1,212,395 $128,008
2021 $4,847,117 $4,741,029 $1,171,567 $106,088
2020 $3,562,125 $3,475,241 $1,023,698 $86,884
2019 $3,457,560 $3,370,996 $647,277 $86,564
2018 $2,804,442 $2,734,386 $419,625 $70,056
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