SPIRICARE OF NEW JERSEY INC

EIN: 822947012 501(c)(3)

BURLINGTON, NJ

Total Revenue
$1,243,903
Total Expenses
$1,409,729
Total Assets
$294,996
Net Assets
$-641,789
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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
2017
Legal Domicile
NJ
Principal Officer
COLLEEN P FRANKENFIELD
Phone
6093867171
Tax Period
2023-01-01 to 2023-12-31

SPIRICARE OF NEW JERSEY INC, founded in 2017, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

PRIVATE DUTY HOMECARE.

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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 $88
Program Service Revenue $1,243,815
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,243,903

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,150,977
Fundraising Expenses $0
Program Expenses $942,982
Other Expenses $258,752
TOTAL EXPENSES $1,409,729

Year-over-Year Comparison

2023 2022 Change
Revenue $1,243,903 $1,012,219 +0.2%
Expenses $1,409,729 $1,239,636 +0.1%
Net Income $-165,826 $-227,417 -0.3%
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
10
Independent Members
9
Employees
64
Volunteers
9

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
6
$1,140,549
Total Directors
11
$772,114
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD HILDEBRANDT CHAIR 0.50
Officer Director
$0 $0 $0
KENNETH VAN DONGEN VICE CHAIR 0.50
Officer Director
$0 $0 $0
EDWARD P NOBLE TREASURER 0.50
Officer Director
$0 $0 $0
JUHAN RUNNE SECRETARY 0.50
Officer Director
$0 $0 $0
REV TRACIE BARTHOLOMEW TRUSTEE 0.50
Director
$0 $0 $0
REV STEPHEN GEWECKE TRUSTEE 0.50
Director
$0 $0 $0
RAFAEL HACISKI TRUSTEE 0.50
Director
$0 $0 $0
TERRY SHINE TRUSTEE 0.50
Director
$0 $0 $0
REV DR ANTHONY STEINBRONN TRUSTEE 0.50
Director
$0 $0 $0
LARRY SCHUMANN TRUSTEE (UNTIL 3/23) 0.50
Director
$0 $0 $0
COLLEEN P FRANKENFIELD PRESIDENT & CEO 0.50
Officer Director
$0 $44,785 $772,114
JEANNINE RICHMAN SR. VICE PRESIDENT & CFO 0.50
Officer
$0 $23,200 $368,435
CHERYL FEAR DON 40.00
Highest
$132,167 $10,563 $142,730
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
2024 No data No data No data No data
2023 $1,243,903 $1,409,729 $294,996 $-165,826
2022 $1,012,219 $1,239,636 $271,246 $-227,417
2021 $917,239 $1,114,264 $232,080 $-197,025
2020 $931,662 $955,225 $211,677 $-23,563
2019 $370,431 $513,443 $146,390 $-143,012
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