Government Finance Officers Association of NJ (EIN 562360320) - 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

1937

Legal Domicile

Phone

9734233415

Tax Period

2024-10-01 to 2025-09-30

Government Finance Officers Association of NJ, founded in 1937, is a small nonprofit in the Community Improvement sector that reported $399K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $483K exceeded revenue, resulting in a 21% operating deficit.

Mission

To train governmental finance professionals pursuant to the certification program as established by the State legislature

🔒

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 $39,100

Program Service Revenue $360,095

Investment Income $29

Other Revenue $0

TOTAL REVENUE $399,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $373,056

Other Expenses $483,399

TOTAL EXPENSES $483,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$399,224	$316,541	+0.3%
Expenses	$483,399	$279,956	+0.7%
Net Income	$-84,175	$36,585	-3.3%

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

N/A

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 Laracy	President	5.00	Officer Director	$0	$0	$0
John Antonides	Immediate Past President	5.00	Director	$0	$0	$0
Lori Russo	First Vice President	5.00	Officer Director	$0	$0	$0
Michael Martin	Second Vice President	5.00	Officer Director	$0	$0	$0
John G Donnadio	Executive Director	20.00	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	$399,224	$483,399	$463,979	$-84,175
2024	$316,541	$279,956	$548,154	$36,585
2023	$297,841	$115,955	$511,569	$181,886
2022	$284,579	$245,322	$329,683	$39,257
2021	$222,881	$251,412	$290,336	$-28,531
2020	$200,217	$176,038	$320,367	$24,179
2019	$311,586	$262,846	$296,188	$48,740
2018	$252,290	$246,952	$247,948	$5,338

Government Finance Officers Association of NJ