NEW JERSEY CENTER FOR TEACHING AND LEARNING (EIN 770667571) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

DENNIS BONE

Phone

6093101285

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY CENTER FOR TEACHING AND LEARNING, founded in 2007, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 50% operating deficit.

Mission

THE CENTER PROVIDES PROFESSIONAL DEVELOPMENT FOR EDUCATORS AND COURSE CONTENT MATERIALS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $59,939

Program Service Revenue $1,397,365

Investment Income $76

Other Revenue $0

TOTAL REVENUE $1,457,380

Expense Breakdown

Grants Paid $7,222

Salaries & Benefits $1,725,491

Fundraising Expenses $0

Program Expenses $1,281,453

Other Expenses $454,097

TOTAL EXPENSES $2,186,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,457,380	$3,059,780	-0.5%
Expenses	$2,186,810	$2,126,650	+0.0%
Net Income	$-729,430	$933,130	-1.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$205,847

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE POWELL	CHAIRPERSON	1.00	Director	$0	$0	$0
DENNIS BONE	TRUSTEE/SECRETARY-TREASURE	1.00	Director	$0	$0	$0
ROSS DANIS	TRUSTEE	1.00	Director	$0	$0	$0
VICTOR LAWRENCE	TRUSTEE	1.00	Director	$0	$0	$0
ERIC FIRST	TRUSTEE	1.00	Director	$0	$0	$0
ED FRIEDMAN	TRUSTEE	1.00	Director	$0	$0	$0
SEAN SPILLER	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINE MILES	TRUSTEE	1.00	Director	$0	$0	$0
PEGGY STEWART	TRUSTEE	1.00	Director	$0	$0	$0
BOB GOODMAN	EXECUTIVE DIRECTOR	40.00	Officer	$196,045	$9,802	$205,847
MELISSA AXELSSON	EMPLOYEE	40.00	Highest	$126,751	$43,893	$170,644
MAUREEN OLLWEILER	EMPLOYEE	40.00	Highest	$135,993	$7,390	$143,383
SUSAN OLSZEWSKI	EMPLOYEE	40.00	Highest	$130,169	$30,390	$160,559
AUDRA CRIST	EMPLOYEE	40.00	Highest	$101,261	$32,580	$133,841
IAN FALLSTICH	EMPLOYEE	40.00	Highest	$108,674	$31,299	$139,973

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	$1,457,380	$2,186,810	$1,414,000	$-729,430
2023	$3,059,780	$2,126,650	$2,172,182	$933,130
2022	$1,483,379	$2,202,200	$1,297,034	$-718,821
2021	$1,824,835	$1,839,790	$2,091,863	$-14,955
2020	$3,090,282	$1,733,493	$1,938,907	$1,356,789
2019	$1,591,391	$2,742,736	$684,929	$-1,151,345
2018	$1,573,937	$2,592,889	$1,730,314	$-1,018,952

NEW JERSEY CENTER FOR TEACHING AND LEARNING