GBAR CONSOLIDATED A NJ NONPROFIT CORP (EIN 832766589) - 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

LISA COMITO

Phone

2012447000

Tax Period

2023-01-01 to 2023-12-31

GBAR CONSOLIDATED A NJ NONPROFIT CORP, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.2M left a modest 10% surplus.

Mission

WE OFFER CONTINUING EDUCATIONAL PROGRAMS TO ATTRACT INDIVIDUALS INTO THE REAL ESTATE INDUSTRY BY SPONSORING SEMINARS AND ORIENTATION PROGRAMS FOR THAT PURPOSE

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,010,320

Program Service Revenue $343,605

Investment Income $80,252

Other Revenue $-3,484

TOTAL REVENUE $2,430,693

Expense Breakdown

Grants Paid $0

Salaries & Benefits $997,636

Fundraising Expenses $0

Other Expenses $1,178,456

TOTAL EXPENSES $2,176,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,430,693	$2,292,539	+0.1%
Expenses	$2,176,092	$2,282,948	0.0%
Net Income	$254,601	$9,591	+25.5%

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

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

$202,243

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA COMITO	PRESIDENT	6.00	Officer	$0	$0	$0
NICOLA G ESPOSITO JR	PRESIDENT EL	6.00	Officer	$0	$0	$0
JAMES ARAKELIAN	VICE PRESIDE	6.00	Officer	$0	$0	$0
ELAINE MOSERA	TREASURER	6.00	Officer	$0	$0	$0
ALIREZA MEMAR	IMMED PAST P	6.00	Officer	$0	$0	$0
JORGE LEDESMA	CEO	50.00	Officer	$202,243	$0	$202,243
FRANCES BLAKELY	DIRECTOR	3.00	Director	$0	$0	$0
BONNIE BORGHI	DIRECTOR	3.00	Director	$0	$0	$0
DALIA FLORES	DIRECTOR	3.00	Director	$0	$0	$0
WILLIAM GILSENAN JR	DIRECTOR	3.00	Director	$0	$0	$0
JANET GINSBERG	DIRECTOR	3.00	Director	$0	$0	$0
JOHN JOHNSON	DIRECTOR	3.00	Director	$0	$0	$0
JACK KOUMBIS	DIRECTOR	3.00	Director	$0	$0	$0
RYAN O'CONNOR	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT OPPENHEIMER	DIRECTOR	3.00	Director	$0	$0	$0
EVELYN PALADINO	DIRECTOR	3.00	Director	$0	$0	$0
CHRISTOPHER SAPIENZA	DIRECTOR	3.00	Director	$0	$0	$0
SUSAN E TENEYCK	COO	50.00	Highest	$133,997	$0	$133,997

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	$2,430,693	$2,176,092	$9,789,179	$254,601
2022	$2,292,539	$2,282,948	$9,692,707	$9,591
2021	$2,329,673	$2,027,376	$9,566,192	$302,297
2020	$3,370,913	$1,832,632	$9,297,490	$1,538,281
2019	$2,322,818	$2,058,545	$4,767,155	$264,273

GBAR CONSOLIDATED A NJ NONPROFIT CORP