MONTCLAIR CENTER CORPORATION

🔒

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

2002

Legal Domicile

Principal Officer

ERNST GOLDMAN

Phone

9735093820

Tax Period

2024-01-01 to 2024-12-31

MONTCLAIR CENTER CORPORATION, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

TO MAKE MONTCLAIR CENTER A VIBRANT PLACE TO SHOP,WORK,EAT,LIVE AND PLAY.

Program Service Accomplishments

Program 1

Expenses: $1,260,569

During the year, the organization worked to promote and improve Montclair Center. Specific activities included: sponsored special events, including fine and performing arts events and street fairs...

During the year, the organization worked to promote and improve Montclair Center. Specific activities included: sponsored special events, including fine and performing arts events and street fairs; provided technical support and assistance to businesses and prospective businesses; worked closely with elected and appointed officials, residents, businesses and visitors to improve local quality of life and business and provided supplemental services to enhance the appearance and aesthetics of the district.

🔒

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 $217,850

Program Service Revenue $1,039,907

Investment Income $1,610

Other Revenue $11,601

TOTAL REVENUE $1,270,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $412,562

Fundraising Expenses $16,159

Program Expenses $1,260,569

Other Expenses $956,223

TOTAL EXPENSES $1,368,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,270,968	$1,245,125	+0.0%
Expenses	$1,368,785	$1,226,219	+0.1%
Net Income	$-97,817	$18,906	-6.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT HORRIGAN	Treasurer	2.63	Officer Director	$0	$0	$0
ERNST GOLDMAN	Vice President	2.53	Officer Director	$0	$0	$0
JAJI PACKARD	President	2.75	Officer Director	$0	$0	$0
EMER FEATHERSTONE	Trustee	0.58	Director	$0	$0	$0
DANIEL GARCIA-PEDROSA	Trustee	0.58	Director	$0	$0	$0
DAVID PLACEK	Trustee	0.21	Director	$0	$0	$0
JILL MONTAGUE	Trustee	0.87	Director	$0	$0	$0
RACHEL GROCHOWSKI	Trustee	0.61	Director	$0	$0	$0
NATALIE HADDAD	Trustee	0.73	Director	$0	$0	$0
DAVID CUMMINGS	Trustee	0.73	Director	$0	$0	$0
JACOB NIEMAN	Trustee	0.87	Director	$0	$0	$0
MATT SILVERMAN	Treasurer	0.87	Officer Director	$0	$0	$0
TE'NIIJAH BUSSEY	Trustee	0.73	Director	$0	$0	$0
MARRY CUMELLA	Trustee	0.73	Director	$0	$0	$0
STACEY FILE	Trustee	0.73	Director	$0	$0	$0
NEIL GRABOWSKY	Trustee	0.73	Director	$0	$0	$0
NAT TESTA	Trustee	0.73	Director	$0	$0	$0
AMINAH TOLER	Trustee	0.73	Director	$0	$0	$0
RAHUM WILLIAMS	Trustee	0.73	Director	$0	$0	$0
ASHLEY CYRUS	Trustee	0.87	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	No data	No data	No data
2024	$1,270,968	$1,368,785	$935,018	$-97,817
2023	$1,245,125	$1,226,219	$1,066,861	$18,906
2022	$1,130,169	$939,092	$991,158	$191,077
2021	$768,086	$904,937	$813,944	$-136,851
2020	$1,602,985	$1,305,638	$1,657,413	$297,347
2019	$661,273	$627,088	$702,575	$34,185
2018	$621,620	$563,731	$698,571	$57,889