MORRISTOWN, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GARDEN STATE INITIATIVE INC, founded in 2016, is a small nonprofit in the Public & Societal Benefit sector that reported $505K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $86K, a strong 17% operating margin.
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO STRENGTHEN NEW JERSEY BY PROVIDING AN ALTERNATIVE VOICE AND COMMON-SENSE POLICY SOLUTIONS IN THE STATE, SOLUTIONS THAT PROMOTE NEW INVESTMENT, THE GROWTH OF BUSINESSES, THE CREATION OF ECONOMIC OPPORTUNITIES AND INNOVATION TO THE BENEFIT OF ALL NEW JERSEYANS.
PROMOTE JOB GROWTH THROUGH RESEARCH AND FACT-BASED POLICY ANALYSIS THAT PROMOTES IN NEW JERSEY: TAX REFORM, REDUCING UNAFFORDABLE STATE GOVERNMENT SPENDING AND INFRASTTRUCTURE INVESTMENTS THAT DRIVE...
PROMOTE JOB GROWTH THROUGH RESEARCH AND FACT-BASED POLICY ANALYSIS THAT PROMOTES IN NEW JERSEY: TAX REFORM, REDUCING UNAFFORDABLE STATE GOVERNMENT SPENDING AND INFRASTTRUCTURE INVESTMENTS THAT DRIVE AND DELIVER ECONOMIC GROWTH.
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 | $504,828 | $439,953 | +0.1% |
| Expenses | $418,693 | $395,443 | +0.1% |
| Net Income | $86,135 | $44,510 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| THOMAS HEALEY | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIPAL PATEL | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAWRENCE MONE | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBERT HUGIN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| SAMUEL COLE | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| FRAYDA LEVIN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| REGINA EGEA | CHAIRMAN | 40.00 |
Officer
|
$0 | $0 | $0 |
| AUDREY LANE | PRESIDENT | 40.00 |
Officer
|
$63,333 | $0 | $63,333 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $504,828 | $418,693 | $329,295 | $86,135 |
| 2023 | $439,953 | $395,443 | $249,292 | $44,510 |
| 2022 | $532,960 | $547,138 | $213,131 | $-14,178 |
| 2021 | $818,800 | $1,177,943 | $224,976 | $-359,143 |
| 2020 | $675,459 | $249,610 | $584,741 | $425,849 |
| 2019 | $329,660 | $330,899 | $149,171 | $-1,239 |
| 2018 | $414,604 | $512,303 | $160,006 | $-97,699 |
Compare GARDEN STATE INITIATIVE INC with other nonprofits in New Jersey and across the country.