WELCOME HOME JERSEY CITY A NJ NONPROFIT CORPORATION (EIN 832428682) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

DAVE MAMMEN

Phone

2012838734

Tax Period

2022-01-01 to 2022-12-31

WELCOME HOME JERSEY CITY A NJ NONPROFIT CORPORATION, founded in 2018, is a small nonprofit in the Human Services sector that reported $252K in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $342K exceeded revenue, resulting in a 36% operating deficit.

Mission

COMMITTED TO PROVIDING EDUCATIONAL, EMPLOYMENT, AND MATERIAL SUPPORT TO REFUGEES, ASYLEES, AND ASYLUM-SEEKERS IN THE JERSEY CITY AREA.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $252,396

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,396

Expense Breakdown

Grants Paid $147,128

Salaries & Benefits $0

Fundraising Expenses $1,422

Program Expenses $273,009

Other Expenses $195,115

TOTAL EXPENSES $342,243

Year-over-Year Comparison

	2022	2021	Change
Revenue	$252,396	$556,585	-0.5%
Expenses	$342,243	$245,772	+0.4%
Net Income	$-89,847	$310,813	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE MAMMEN	CHAIR	15.00	Officer Director	$0	$0	$0
BETSEY BARNUM	SECRETARY	3.00	Officer Director	$0	$0	$0
DAWIT KIBREAB	TREASURER	3.00	Officer Director	$0	$0	$0
PRITI CHITNIS GRESS	VICE CHAIR	3.00	Officer Director	$0	$0	$0
BESS MORRISON	BOARD MEMBER	3.00	Director	$0	$0	$0
HANA ZALATIMO	BOARD MEMBER	3.00	Director	$0	$0	$0
JEANETTE DOBROWSKI	BOARD MEMBER	3.00	Director	$0	$0	$0
KARA MURPHY	BOARD MEMBER	3.00	Director	$0	$0	$0
MAKIKO OKU	BOARD MEMBER	3.00	Director	$0	$0	$0
ALAIN MENTHA	EXECUTIVE DIRECTOR (FORMER)	15.00	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
2025	No data	No data	No data	No data
2022	$252,396	$342,243	$271,707	$-89,847
2021	$556,585	$245,772	$343,247	$310,813

WELCOME HOME JERSEY CITY A NJ NONPROFIT CORPORATION