NEWARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW JERSEY TUTORING CORPS INC, founded in 2022, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.
THE NEW JERSEY TUTORING CORPS IS A GROUP OF COMMITTED, VISIONARY EDUCATORS DEVOTED TO GROWING YOUNG MINDS AND STRENGTHENING TEACHING AND LEARNING THROUGH HIGH-DOSAGE TUTORING EXPERIENCES, WHILE GROWING AN EDUCATOR PIPELINE.
NEW JERSEY TUTORING CORPS, INC. PROVIDED HIGH-IMPACT TUTORING SERVICES IN LITERACY AND MATHEMATICS DURING THE SUMMER OF 2024 TO OVER 2100 SCHOLARS AT 23 PARTNER LOCATIONS, 19 OF WHICH WERE COMMUNITY...
NEW JERSEY TUTORING CORPS, INC. PROVIDED HIGH-IMPACT TUTORING SERVICES IN LITERACY AND MATHEMATICS DURING THE SUMMER OF 2024 TO OVER 2100 SCHOLARS AT 23 PARTNER LOCATIONS, 19 OF WHICH WERE COMMUNITY ORGANIZATIONS (BOYS AND GIRLS CLUBS AND YMCAS) WHOSE PROGRAMS WERE FUNDED COMPLETELY OR MOSTLY FROM THE BUDGET APPROPRIATIONS RECEIVED BY NJTC FROM THE STATE OF NEW JERSEY'S DEPARTMENT OF EDUCATION IN 2022, 2023, 2024, AND 2025.NEW JERSEY TUTORING CORPS, INC. PARTNERED WITH ILEARN SCHOOLS, INC., A CHARTER MANAGEMENT ORGANIZATION, DURING THE 2023-2024 SCHOOL YEAR FOR OUR LARGEST FEE-FOR-SERVICE PROGRAM TO DATE. THROUGH THIS INITIATIVE, WE PROVIDED HIGH-IMPACT TUTORING SERVICES IN LITERACY AND MATHEMATICS TO ALMOST 900 SCHOLARS AT 10 ILEARN PARTNER LOCATIONS, PARTIALLY SUBSIDIZED WITH MATCHING FUNDS DRAWN FROM THE $1.5MM BUDGET APPROPRIATION AWARDED TO NJTC BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION IN AUGUST 2023. NJTC CONTINUED ITS COLLABORATION WITH ILEARN DURING THE 2024-2025 SCHOOL YEAR, SERVING 776 SCHOLARS IN LITERACY AND MATHEMATICS ACROSS OUR PARTNER LOCATIONS. ILEARN SCHOOLS HAS EXPRESSED SATISFACTION WITH OUR TUTORING SERVICES AND HAS EXTENDED THEIR RFP, ENDORSING A THIRD YEAR OF OUR PARTNERSHIP IN THE 2025-2026 SCHOOL YEAR, DURING WHICH WE HAVE BEEN SERVING 702 SCHOLARS IN LITERACY AND MATHEMATICS.NEW JERSEY TUTORING CORPS, INC. PARTNERED WITH THE GLOUCESTER TOWNSHIP SCHOOL DISTRICT DURING THE 2023-2024 AND 2024-2025 SCHOOL YEARS TO DELIVER HIGH-IMPACT TUTORING IN LITERACY AND MATHEMATICS TO SCHOLARS IN GRADES 2-5. IN THE 2023-2024 SCHOOL YEAR, NJTC SERVED 227 SCHOLARS ACROSS 8 LOCATIONS. DURING THE 2024-2025 SCHOOL YEAR, WE CONTINUED OUR PARTNERSHIP TO SUPPORT LEARNERS AT 4 SCHOOLS, REACHING 183 SCHOLARS IN LITERACY AND MATHEMATICS. THE GLOUCESTER TOWNSHIP SCHOOL DISTRICT HAS BEEN PLEASED WITH THE RESULTS, ALLOWING US TO CONTINUE WORKING WITH THEM IN THE 2025-2026 SCHOOL YEAR, DURING WHICH WE HAVE BEEN SERVING 49 SCHOLARS IN LITERACY AND MATHEMATICS.NEW JERSEY TUTORING CORPS, INC. PARTNERED WITH THE HAMILTON TOWNSHIP SCHOOL DISTRICT DURING THE 2023-2024 SCHOOL YEAR TO PROVIDE HIGH-IMPACT TUTORING SERVICES IN LITERACY AND MATHEMATICS TO THEIR SCHOLARS. DURING THE 2022-2023 SCHOOL YEAR AND SUMMER 2023 PROGRAM, NJTC SERVED 109 HAMILTON SCHOLARS THROUGH A PARTNERSHIP WITH THE HAMILTON YMCA. THE DISTRICT WAS SO PLEASED WITH OUR WORK THAT THEY ENGAGED US IN 2023-2024, WHEN 634 SCHOLARS WERE SERVED ACROSS 17 LOCATIONS. NJTC CONTINUED ITS COLLABORATION DURING THE 2024-2025 SCHOOL YEAR, SERVING 270 SCHOLARS ACROSS 6 SCHOOLS. THE HAMILTON TOWNSHIP SCHOOL DISTRICT HAS REMAINED HIGHLY SATISFIED WITH THE RESULTS, ALLOWING US TO CONTINUE WORKING WITH THEM IN THE 2025-2026 SCHOOL YEAR, DURING WHICH WE HAVE BEEN SERVING 148 SCHOLARS IN LITERACY AND MATHEMATICS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,345,774 | $5,667,953 | -0.2% |
| Expenses | $4,326,024 | $4,738,297 | -0.1% |
| Net Income | $19,750 | $929,656 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR TONYA BRELAND | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MONICA GONCALVES | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THERESA MAUGHAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR NANNETTE WRIGHT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CORISSA PORCELLI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTINA RENNA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZ ROSS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COLLEN ESKOW | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| N/A | GENERAL COUNSEL | 1.00 |
|
$0 | $0 | $0 |
| KATHERINE BASSETT | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$196,379 | $0 | $196,379 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,345,774 | $4,326,024 | $2,571,897 | $19,750 |
| 2024 | $5,667,953 | $4,738,297 | $2,478,595 | $929,656 |
| 2023 | $3,620,867 | $3,824,805 | $1,503,618 | $-203,938 |
| 2022 | $1,800,956 | $128,101 | $1,675,190 | $1,672,855 |
Compare NEW JERSEY TUTORING CORPS INC with other nonprofits in New Jersey and across the country.