THE CHUBBYS PROJECT A NJ NONPROFIT CORPORATION

EIN: 832259460 501(c)(3)

HOPEWELL, NJ

Total Revenue
$137,070
Total Expenses
$125,477
Total Assets
$73,952
Net Assets
$73,952
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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
2018
Legal Domicile
NJ
Tax Period
2023-01-01 to 2023-12-31

THE CHUBBYS PROJECT A NJ NONPROFIT CORPORATION, founded in 2018, is a small nonprofit that reported $137K in total revenue in fiscal year 2023. Expenses of $125K left a modest 8% surplus.

Mission

DEDICATED TO ELIMINATING HUNGER, BUILDING RELATIONSHIPS AND CELEBRATING COMMUNITY IN THE GREATER HOPEWELL, NJ AREA

Program Service Accomplishments

Program 1

CREATION AND DISTRIBUTION OF MEALS AND FOOD STAPLES TO MEMBERS OF THE COMMUNITY OF HOPEWELL, NJ

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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 $0
Other Revenue $137,070
TOTAL REVENUE $137,070

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,331
Fundraising Expenses $0
Other Expenses $62,146
TOTAL EXPENSES $125,477

Year-over-Year Comparison

2023 2022 Change
Revenue $137,070 N/A N/A
Expenses $125,477 N/A N/A
Net Income $11,593 N/A 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
2
Independent Members
2
Employees
6
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
0
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYN FARRUGIA TRUSTEE 0.00
Director Key Emp
$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
2023 $137,070 $125,477 $73,952 $11,593
2022 $59,579 $34,069 $62,359 $25,510
2021 $14,525 $19,668 $36,849 $-5,143
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