Covenant House New Jersey Inc

What it reported doing in 2024

Covenant house New Jersey takes pride in its behavioral health department which provides an essential service within a safe and trusting environment so our youth can overcome the obstacles they face. Through early intervention and personalized care, youth are able to approach their treatment with confidence. Chnj provides on-site group and individual counseling as well as access to a consulting psychiatric apn. This extra level of mental healthcare, in addition to medical care helps youth meet their goals and overcome barriers to treatment. - street and community outreach: street outreach teams actively seek out young people experiencing homelessness who may need help. The team assists with critical safety needs by providing transportation to a safe shelter. Young people living on the streets can receive food, water, hygiene kits, clothing, blankets, and referrals to services such as shelter, medical care, employment, and education services. In fy25, we reached 242 youth in direct street outreach. - young families program: our program dedicated to serving young families is raphael's life house. In this program, our expecting or parenting young moms between the ages of 18-21 live with us for up to 18 months and receive 3 months of aftercare support once they leave. The goals of rlh are to provide a safe, stable, living environment; to help young mothers develop skills for maintaining housing, self-sufficiency, and productivity in the community; and to support young women and their babies with aftercare services once they move on from rlh. We also provide emergency shelter to parenting young moms at our emergency shelter in atlantic city. In fy25, we provided 66 young moms and 84 children with safe and supportive housing. 86% of our families exited to stable living environments. - nancy's place: the nancy's place program provides supportive housing for youth with mental health disorders. In fy25, we served 13 youth. 80% exited to stable living environments. - permanent housing: the permanent housing program provides housing to youth and young families through scattered-site apartments, where they receive ongoing case management and landlord relationship navigation. In these programs a portion of youth's rent is covered by a sponsoring agency through a variety of government funding sources. We served approximately 193 people across our various permanent housing programs during fy25 -human trafficking victim services (htvs): chnj is the statewide provider of services for victims and survivors of human trafficking. The htvs team provides case management and linkage to resources for survivors throughout all 21 counties in the state. Services are available for all survivors regardless of housing status, age, gender identity or expression, foreign and domestic victims and all trafficking types. In fy25, the htvs program served 216 people. In addition to case management and linkage services, chnj has outreach staff working to identify potential victims and providing education in the community about human trafficking, as well as a licensed social worker providing behavioral health services to victims.

Financial Efficiency

• Mission deployment rate: 83.4%; rating input score 83
• Program expense ratio: 84.7%; rating input score 85
• Fundraising efficiency: $9.21 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.8%; rating input score 41; 41st percentile among comparable filings
• Total-asset coverage ratio: 1.27; rating input score 45; 45th percentile among comparable filings
• Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
• Officer compensation ratio: 12.7%; rating input score 12; 12th percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 39th percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
• Asset growth: 1.4% per year; rating input score 100; 15th percentile among comparable filings