JERSEY STATE MEMORIAL PARK

EIN: 800858208 Mutual Benefit

JERSEY CITY, NJ

Total Revenue
$747,629
Total Expenses
$192,085
Total Assets
$3,223,110
Net Assets
$3,221,424
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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
2012
Legal Domicile
NJ
Principal Officer
AJAZ AHMED
Tax Period
2023-01-01 to 2023-12-31

JERSEY STATE MEMORIAL PARK, founded in 2012, is a small nonprofit in the Mutual Benefit sector that reported $748K in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $556K, a strong 74% operating margin.

Mission

PROVIDE BURIAL SERVICES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $287,036
Other Revenue $460,593
TOTAL REVENUE $747,629

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,655
Fundraising Expenses $0
Other Expenses $190,430
TOTAL EXPENSES $192,085

Year-over-Year Comparison

2023 2022 Change
Revenue $747,629 $370,672 +1.0%
Expenses $192,085 $205,759 -0.1%
Net Income $555,544 $164,913 +2.4%
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
5
Independent Members
N/A
Employees
2
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAD SELEMOVIC TRUSTEE 0.00
Director
$0 $0 $0
AHMED SHEDEED SECRETARYTREASURER 0.00
Officer
$0 $0 $0
AJAZ AHMED PRESIDENT 0.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $747,629 $192,085 $3,223,110 $555,544
2022 $370,672 $205,759 $2,665,880 $164,913
2021 $903,364 $222,891 $2,501,778 $680,473
2020 $815,544 $242,315 $1,821,305 $573,229
2019 $525,936 $147,995 $1,248,080 $377,941
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