LITTLE FERRY FIRST AID CORPS INC

EIN: 542132267 501(c)(3) Human Services

LITTLE FERRY, NJ

Total Revenue
$525,910
Total Expenses
$589,262
Total Assets
$4,123
Net Assets
$-7,126
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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
1938
Legal Domicile
NJ
Principal Officer
JEN LANGE
Phone
2019190998
Tax Period
2022-01-01 to 2022-12-31

LITTLE FERRY FIRST AID CORPS INC, founded in 1938, is a small nonprofit in the Human Services sector that reported $526K in total revenue in fiscal year 2022. Revenue surged 242% from the prior year, signaling strong growth momentum. Expenses of $589K exceeded revenue, resulting in a 12% operating deficit.

Mission

AMBULANCE CORP.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $525,910
Investment Income $0
Other Revenue $0
TOTAL REVENUE $525,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $436,717
Fundraising Expenses $0
Program Expenses $544,771
Other Expenses $152,545
TOTAL EXPENSES $589,262

Year-over-Year Comparison

2022 2021 Change
Revenue $525,910 $153,880 +2.4%
Expenses $589,262 $190,962 +2.1%
Net Income $-63,352 $-37,082 +0.7%
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
25
Independent Members
25
Employees
41
Volunteers
25

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
2
$30,883
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANINE TAM TREASURER 5.00
Director
$9,069 $0 $9,069
SEAN KENNEDY OFFICER 10.00
Director
$21,814 $0 $21,814
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
2022 $525,910 $589,262 $4,123 $-63,352
2021 $153,880 $190,962 $71,666 $-37,082
2020 $32,925 $35,260 $93,308 $-2,335
2019 $80,182 $67,965 $95,643 $12,217
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