NEW JERSEY MUSIC EDUCATORS ASSOCIATION (EIN 510138229) - 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

1961

Legal Domicile

Principal Officer

WILLIAM MCDEVITT

Phone

8564338512

Tax Period

2024-07-01 to 2025-06-30

NEW JERSEY MUSIC EDUCATORS ASSOCIATION, founded in 1961, is a small nonprofit that reported $887K in total revenue in fiscal year 2024.

Mission

PROMOTION OF MUSIC EDUCATION IN THE STATE OF NEW JERSEY AND ADMINISTRATION OF ALL-STATE PERFORMING ENSEMBLES.

🔒

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 $0

Program Service Revenue $874,535

Investment Income $8,039

Other Revenue $3,977

TOTAL REVENUE $886,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,563

Fundraising Expenses $0

Program Expenses $920,461

Other Expenses $889,578

TOTAL EXPENSES $936,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$886,551	$830,997	+0.1%
Expenses	$936,141	$850,380	+0.1%
Net Income	$-49,590	$-19,383	+1.6%

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

500

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

$41,586

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE MALLETTE	PAST PRESIDENT	5.00	Officer	$0	$0	$0
DAVID WESTAWSKI	PRESIDENT	10.00	Officer	$0	$0	$0
YALE SNYDER	PRESIDENT ELECT	5.00	Officer	$0	$0	$0
CRISTIN INTROCASO	PRESIDENT - SJCDA	5.00	Officer	$0	$0	$0
SUSAN MARK	PRESIDENT - SJBODA	5.00	Officer	$0	$0	$0
WILLIAM MCDEVITT	EXEC. DIRECTOR	10.00	Officer	$41,586	$0	$41,586
ANTHONY LANZEROTTI JR	PRESIDENT - NJSMA	5.00	Officer	$0	$0	$0
BRIAN WILLIAMS	PRESIDENT - CJMEA	5.00	Officer	$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	$886,551	$936,141	$563,362	$-49,590
2024	$830,997	$850,380	$613,161	$-19,383
2023	$724,036	$805,452	$646,411	$-81,416
2022	$451,865	$376,123	$727,827	$75,742
2021	$99,082	$151,419	$654,586	$-52,337
2020	$737,844	$798,809	$706,559	$-60,965
2019	$817,130	$787,339	$778,073	$29,791

NEW JERSEY MUSIC EDUCATORS ASSOCIATION