Jersey Shore Jazz & Blues Foundation
Nonprofit profile at a glance
- EIN
- 223378364
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024
- Location
- Hazlet, NJ, USA
- Phone
- 7329331984
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $53,057
- Expenses
- $34,112
- Assets
- $65,287
- Liabilities
- $2,010
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- TOM BALDINO (PRESIDENT)
People named in this filing
- TOM BALDINO (PRESIDENT)
- CHRISTINE ZEMLA (VICE PRESDIENT)
- EMIL KATTERMANN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve, promote & perpetuate jazz and blues in the northern New Jersey shore regionthrough performance and education.
What it reported doing in 2024
Sponsored events and school programs
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 68
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 35.7%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -52.1% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -8.6% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.