Surplus Lines Association of New Jersey Inc
Nonprofit profile at a glance
- EIN
- 222705822
- IRS 990-EZ coverage
- 2011–2014
- Forms available
- Form 990-EZ 2014
- Location
- Livingston, NJ, USA
- Phone
- 9733468400
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $24,309
- Expenses
- $42,561
- Assets
- $1,830
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- STEVE POWELL (PAST PRESIDENT)
- FRANK MARMORATO (Vice President)
- JANE SANSEVERO-DALLI (President)
People named in this filing
- ALEXANDRA GASPAR (Executive Direc)
- STEVE POWELL (PAST PRESIDENT)
- WYETH COBURN (Director)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the interests of agents, organizations, and individuals that support the surplus lines industry and distribution system.
What it reported doing in 2014
Promoted the interests of agents, organizations, and individuals that support the surplus lines industry and distribution system. Educational seminars / scholarship awards
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 6
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 64%; rating input score 64
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -75.1%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 31.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: -8.8% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: -29.5% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 64% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2011 to 2014
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 8/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.