NEW JERSEY PRIORITIES

EIN: 845058931 Education

PARAMUS, NJ

Total Revenue
$20,006
Total Expenses
$35,736
Total Assets
$93,815
Net Assets
$93,815
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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
2020
Legal Domicile
NJ
Principal Officer
RAYMOND FERRAIOLI JR
Phone
2014579000
Tax Period
2023-01-01 to 2023-12-31

NEW JERSEY PRIORITIES, founded in 2020, is a micro nonprofit in the Education sector that reported $20K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $36K exceeded revenue, resulting in a 79% operating deficit.

Mission

THE PURPOSE FOR WHICH THIS CORPORATION IS FORMED ARE EXCLUSIVELY TO FURTHER THE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE.

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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 $20,006
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,006

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,236
Other Expenses $35,736
TOTAL EXPENSES $35,736

Year-over-Year Comparison

2023 2022 Change
Revenue $20,006 $14,000 +0.4%
Expenses $35,736 $52,230 -0.3%
Net Income $-15,730 $-38,230 -0.6%
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
3
Independent Members
3
Employees
N/A
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND FERRAIOLIJR TRUSTEE 5.00
Director
$0 $0 $0
LOUIS VENEZIA TRUSTEE 5.00
Director
$0 $0 $0
JOSEPH COLETTA TRUSTEE 5.00
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
2024 No data No data No data No data
2023 $20,006 $35,736 $93,815 $-15,730
2022 $14,000 $52,230 $109,545 $-38,230
2021 $2,800 $38,477 $147,775 $-35,677
2020 $338,922 $155,470 $183,452 $183,452
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