NEW JERSEY VETERANS ASSISTANCE ASSOCIATION (EIN 873491386) - 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

2022

Legal Domicile

Principal Officer

THOMAS DRESDNER

Phone

6096950690

Tax Period

2023-09-01 to 2024-08-31

NEW JERSEY VETERANS ASSISTANCE ASSOCIATION, founded in 2022, is a micro nonprofit in the Public & Societal Benefit sector that reported $52K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 26% operating margin.

Mission

PROVIDE ASSISTANCE TO NJ VETERAN ORGANIZATIONS, HOMELESS VETERANS, SUICIDE PREVENTION ASSISTANCE, VETERAN FAMILY MEMBERS, FAMILIES OF DEPLOYED TROOPS AND NJ NATIONAL GUARD THAT MEET THE CRITERIA OF THE CORPORATION AS THE NEED ARISES THROUGHOUT NEW JERSEY.

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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 $51,128

Program Service Revenue $0

Investment Income $451

Other Revenue $0

TOTAL REVENUE $51,579

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,004

Other Expenses $24,968

TOTAL EXPENSES $37,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,579	$35,050	+0.5%
Expenses	$37,968	$425	+88.3%
Net Income	$13,611	$34,625	-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

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
THOMAS DRESDNER	PRESIDENT	2.00	Officer Director	$0	$0	$0
LARRY PLATT	TREASURER	2.00	Officer Director	$0	$0	$0
LARRY BISHOP	DIRECTOR	1.00	Director	$0	$0	$0
ROGER GENGARO	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CAREY	DIRECTOR	1.00	Director	$0	$0	$0
WILL KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
ED MCBRIDE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CORBIN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ANDREA ADAIR	SECRETARY	1.00	Officer	$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
2024	$51,579	$37,968	$284,448	$13,611
2023	$35,050	$425	$84,975	$34,625

NEW JERSEY VETERANS ASSISTANCE ASSOCIATION