NEW JERSEY TUTORING CORPS INC (EIN 883372643) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

KATHERINE BASSETT

Phone

6099925532

Tax Period

2024-09-01 to 2025-08-31

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.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,898,119

Program Service Revenue $2,393,020

Investment Income $51,267

Other Revenue $3,368

TOTAL REVENUE $4,345,774

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,324,169

Fundraising Expenses $0

Program Expenses $2,885,293

Other Expenses $1,001,855

TOTAL EXPENSES $4,326,024

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

412

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

$196,379

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

NEW JERSEY TUTORING CORPS INC