Wecare Nj Corp
Nonprofit profile at a glance
- EIN
- 932339280
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Verona, NJ, USA
- Phone
- 9732396660
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $169,582
- Expenses
- $196,007
- Assets
- $9,521
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Joseph Pannullo (President)
People named in this filing
- Gary Abeles (Treasurer)
- Joseph Pannullo (President)
- Paul Tractenberg (Trustee)
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 organize public property owners in the town of Verona, NJ, Essex Fells, NJ, and West Orange, NJ for the common good of opposing any construction project which will affect the health and well-being of all residents and families of residents by addressing the following issues:-Environmental effect of building on wetlands-Environmental effect on air quality-Environmental effect of water runoff to the surrounding communities-Environmental effect on existing wildlife, including but not limited to any previously identified or potentially identifiable endangered species-Preserving existing open spaces-Potential traffic issues for resdients and first responders-Any other potential issues not specifically mentioned but that could affect the social welfare of all residents
What it reported doing in 2024
Grass roots funds were raised and utilized to engage professionals to oppose a proposed construction project on a wooded 130 acre tract of land in Essex County, NJ.WeCare has retained expert professionals to present alternative reports that refute and at times contradict the developer's experts. A number of lawsuits have been filed.The litigation is ongoing.Total expenditures this fiscal year were $ 196,007
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 15
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.6%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $196K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- 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 11/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.