PASSAIC VALLEY RHS EDUCATION FOUNDATION (EIN 800026851) - 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

2002

Legal Domicile

Principal Officer

Michael DeLuccia

Tax Period

2023-01-01 to 2023-12-31

PASSAIC VALLEY RHS EDUCATION FOUNDATION, founded in 2002, is a micro nonprofit in the Education sector that reported $83K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $79K left a modest 4% surplus.

Mission

To serve the educational community in Little Falls, Woodland Park, and Totowa, NJ

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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 (2023)

Revenue Breakdown

Contributions & Grants $987

Program Service Revenue $74,106

Investment Income $0

Other Revenue $8,052

TOTAL REVENUE $83,145

Expense Breakdown

Grants Paid $5,747

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,715

Other Expenses $73,667

TOTAL EXPENSES $79,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,145	$74,733	+0.1%
Expenses	$79,414	$76,487	+0.0%
Net Income	$3,731	$-1,754	-3.1%

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

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
Jennifer Shue	Board Member	2.00	Director	$0	$0	$0
Jamie Piccarelli	Board Member	2.00	Director	$0	$0	$0
Janice Lightner	Board Member	2.00	Director	$0	$0	$0
Joe Mecca	Board Member	2.00	Director	$0	$0	$0
Linda Paese	Board Member	2.00	Director	$0	$0	$0
Briana Canatarro	Board Member	2.00	Director	$0	$0	$0
Linda LeProtto	Board Member	2.00	Director	$0	$0	$0
Dina Bargiel	Board Member	2.00	Director	$0	$0	$0
Alfred Fontanella	Board Member	2.00	Director	$0	$0	$0
Bracken Healy	Superintendent	2.00	Director	$0	$0	$0
Valerie DAmbrosio	Board Member	2.00	Director	$0	$0	$0
Debbie Benvenuti	Board Member	2.00	Director	$0	$0	$0
Colin Monahan	Board Member	2.00	Director	$0	$0	$0
Lorraine Longo	Secretary	2.00	Officer Director	$0	$0	$0
Michael DeLuccia	President	2.00	Officer Director	$0	$0	$0
Randall Sanders	Treasurer	2.00	Officer 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
2023	$83,145	$79,414	$36,459	$3,731
2022	$74,733	$76,487	$32,728	$-1,754
2021	$69,297	$69,315	$34,482	$-18
2020	$21,644	$30,232	$34,500	$-8,588
2019	$115,861	$108,886	$43,088	$6,975
2018	$117,865	$122,065	$36,113	$-4,200

PASSAIC VALLEY RHS EDUCATION FOUNDATION