New Jersey Young Entrepreneurs Organization Inc

EIN: 710909174 501(c)(3)

Whippany, NJ

Total Revenue
$505,266
Total Expenses
$567,802
Total Assets
$555,245
Net Assets
$531,456
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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
1990
Legal Domicile
NJ
Principal Officer
JEFF SILBERT
Phone
9087824888
Tax Period
2022-07-01 to 2023-06-30

New Jersey Young Entrepreneurs Organization Inc, founded in 1990, is a small nonprofit that reported $505K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $568K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE EDUCATION TO ENTREPRENEURS

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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 $497,201
Investment Income $8,065
Other Revenue $0
TOTAL REVENUE $505,266

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,501
Fundraising Expenses $0
Program Expenses $343,240
Other Expenses $467,301
TOTAL EXPENSES $567,802

Year-over-Year Comparison

2022 2021 Change
Revenue $505,266 $457,031 +0.1%
Expenses $567,802 $481,386 +0.2%
Net Income $-62,536 $-24,355 +1.6%
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
16
Independent Members
16
Employees
2
Volunteers
16

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
3
$92,797
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA RICKARD CHAPTER ADMINISTRATOR 35.0
Officer
$92,797 $0 $92,797
Susan Michel President 6.0
Officer Director
$0 $0 $0
Jeff Silbert President Elect 4.0
Director
$0 $0 $0
Harris Wolin Finance 3.0
Officer Director
$0 $0 $0
Ronald Shovlin Membership 3.0
Director
$0 $0 $0
Howard Matalon Member Engagement Chair 3.0
Director
$0 $0 $0
Todd Leonardis Governance 3.0
Director
$0 $0 $0
Tom Patania Communications 3.0
Director
$0 $0 $0
Kevin Mahoney Strategic Alliance Chair 3.0
Director
$0 $0 $0
Lawrence Prager GSEA Chair 3.0
Director
$0 $0 $0
David Bronson MyEO Chair 3.0
Director
$0 $0 $0
Mohit Jain Forum Chair 3.0
Director
$0 $0 $0
John Cioffi Visionary 3.0
Director
$0 $0 $0
Denise Blasevick Learning Chair 3.0
Director
$0 $0 $0
Joseph Infante Accelerator Chair 3.0
Director
$0 $0 $0
Marc Dispensa EOS Chair 3.0
Director
$0 $0 $0
Steven Schneider Mentorship 3.0
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 No data No data No data No data
2024 No data No data No data No data
2023 $505,266 $567,802 $555,245 $-62,536
2022 $457,031 $481,386 $601,843 $-24,355
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