Princeton, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION FOR HEALTH ADVANCEMENT INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $104K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $679K exceeded revenue, resulting in a 555% operating deficit.
To solicit contributions from the general public to provide grants to high schools to support science, technology, engineering and mathematics programs and grants to researchers at affiliated universities in NJ through the Innovation Grants Program. FHA supports the EJI Excellence in Medicine Awards gala which solicits contributions to support scholarships.
The organization solicited contributions to support EJI Excellence in Medicine Awards scholarship programs.
Charitable gift distributions to qualified charitable organizations made in accordance with recommendations made by donors.
Innovation grants are provided to researchers at affiliated universities for proof of concept prior to starting a company with an investment by FVCG. Donations are solicited to support this grant...
Innovation grants are provided to researchers at affiliated universities for proof of concept prior to starting a company with an investment by FVCG. Donations are solicited to support this grant program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $103,660 | $339,398 | -0.7% |
| Expenses | $679,007 | $481,415 | +0.4% |
| Net Income | $-575,347 | $-142,017 | +3.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James M Golubieski | President & CEO | 10 |
Officer
Director
|
$0 | $23,016 | $622,808 |
| Aggie Worthington | Vice President & CFO | 10 |
Officer
|
$0 | $0 | $293,744 |
| Dean Janeway | Chair | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Sandra Brown Sherman | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $103,660 | $679,007 | $447,721 | $-575,347 |
| 2024 | $339,398 | $481,415 | $643,299 | $-142,017 |
| 2023 | $68,221 | $372,433 | $510,316 | $-304,212 |
| 2022 | $25,930 | $449,911 | $779,729 | $-423,981 |
| 2021 | $29,568 | $417,505 | $238,804 | $-387,937 |
Compare FOUNDATION FOR HEALTH ADVANCEMENT INC with other nonprofits in New Jersey and across the country.