SYMPHONY ORCHESTRA OF NEW JERSEY INC

EIN: 933329213 501(c)(3) Human Services

LEONIA, NJ

Total Revenue
$45,980
Total Expenses
$45,660
Total Assets
$320
Net Assets
$320
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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
2023
Legal Domicile
NJ
Principal Officer
Soonkyoung Kwon
Tax Period
2023-09-11 to 2023-12-31

SYMPHONY ORCHESTRA OF NEW JERSEY INC, founded in 2023, is a micro nonprofit in the Human Services sector that reported $46K in total revenue in fiscal year 2023.

Mission

SYMPHONY ORCHESTRA OF NEW JERSEY INC is organized to reach people with disabilities, hospitalized or economically challenged people and enrich their lives by engaging them in high-quality, innovative events and programs.

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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 $0
Program Service Revenue $45,980
Investment Income $0
Other Revenue $0
TOTAL REVENUE $45,980

Expense Breakdown

Grants Paid $650
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,150
Other Expenses $45,010
TOTAL EXPENSES $45,660

Year-over-Year Comparison

2023 2022 Change
Revenue $45,980 N/A N/A
Expenses $45,660 N/A N/A
Net Income $320 N/A N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Soonkyoung Kwon President 010.00
Officer Director
$0 $0 $0
Jinho Hwang Secretary/Director 010.00
Officer Director
$0 $0 $0
Gunhwan Jung Tresurer/Director 002.00
Officer 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
2024 No data No data No data No data
2023 $45,980 $45,660 $320 $320
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