BERGEN COUNTY ACADEMIES FRIENDS & FAMILIES INC

EIN: 811732041 501(c)(3)

HACKENSACK, NJ

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2016
Legal Domicile
NJ
Principal Officer
MARY WANG
Phone
2012361905
Tax Period
2021-07-01 to 2022-06-30

Mission

TO PROVIDE BERGEN COUNTY ACADEMIES STUDENTS WITH EDUCATIONAL AND SOCIAL PROGRAMS AND RELATED SUPPLIES TO ENHANCE THEIR EDUCATIONAL EXPERIENCE THROUGH HOME WORK ASSISTANCE, STUDENT CULTURAL AND SOCIAL EVENTS

Program Service Accomplishments

Program 1

HOME WORK ASSISTANCE, CULTURAL AND SOCIAL EVENTS

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $1,729 -1.0%
Expenses N/A $2,493 -1.0%
Net Income N/A $-764 N/A
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
5
Employees
N/A
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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE GLEASON TRUSTEE N/A
Director
$0 $0 $0
ANGELLA MCKENZIE TRUSTEE N/A
Director
$0 $0 $0
MONICA ROME TRUSTEE N/A
Director
$0 $0 $0
ANNA SUN TRUSTEE N/A
Director
$0 $0 $0
MARY WANG PRESIDENT N/A
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
2022 No data No data No data No data
2021 $1,729 $2,493 $22,059 $-764
2020 $24,580 $22,040 $19,853 $2,540
2019 $6,137 $5,088 $17,313 $1,049
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