HOBOKEN RELIEF FUND INC (EIN 850925919) - 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

2020

Legal Domicile

Principal Officer

GRANT SAHAG

Phone

2017445388

Tax Period

2022-01-01 to 2022-12-31

HOBOKEN RELIEF FUND INC, founded in 2020, is a micro nonprofit in the Public Safety sector that reported $58K in total revenue in fiscal year 2022. Revenue surged 824% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 23% operating margin.

Mission

PROVIDE FINANCIAL RELIEF TO BUSINESSES IMPACTED BY COVID

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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 $0

Program Service Revenue $57,761

Investment Income $37

Other Revenue $0

TOTAL REVENUE $57,798

Expense Breakdown

Grants Paid $44,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,500

Other Expenses $0

TOTAL EXPENSES $44,500

Year-over-Year Comparison

	2022	2021	Change
Revenue	$57,798	$6,258	+8.2%
Expenses	$44,500	$79,013	-0.4%
Net Income	$13,298	$-72,755	-1.2%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT SAHAG	TREASURER	5.00	Officer Director	$0	$0	$0
PHILIP COHEN	PRESIDENT	3.00	Officer Director	$0	$0	$0
IRENE PERELLO	SECRETARY	1.00	Officer	$0	$0	$0
JENNIFER GIATTINO	VICE PRESIDENT	3.00	Officer	$0	$0	$0
LAVON SMITH	TRUSTEE	4.00	Director	$0	$0	$0
DAVID BISTANY	TRUSTEE	1.00	Director	$0	$0	$0
JAMES RUNKLE	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
2022	$57,798	$44,500	$39,657	$13,298
2021	$6,258	$79,013	$26,359	$-72,755
2020	$424,562	$327,023	$98,658	$97,539

HOBOKEN RELIEF FUND INC