Civic Intelligence

Friendship Circle New Jersey Inc

EIN 46-3008950 • 501(c)3 • Livingston, NJ

Profile

The organization's primary function is to promote a greater awareness and understanding of the unique needs and the unique gifts of people with special needs, and encourages respect and empathy for those facing challenges.

10 Microlab RoadLivingston, NJ 07039

www.fcnj.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.29x

Higher debt load relative to assets than 75% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2025

Net Margin

70th percentile

29%

Higher net margin than 70% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

95th percentile

$193,134

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

NTEE X • $1M-$5M nonprofits • Source year 2025

Asset Growth

91st percentile

76%

Faster asset growth than 91% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

85th percentile

65%

Faster revenue growth than 85% of similar nonprofits.

NTEE X • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,167,090

Up $1,369,025 (+76%) from 2024

Liabilities

Down

$923,142

Down $298,750 (-24%) from 2024

Net Assets

Up

$2,243,948

Up $1,667,775 (+289%) from 2024

Revenue

Up

$4,473,285

Up $1,767,475 (+65%) from 2024

Expenses

Up

$3,155,510

Up $175,333 (+5.9%) from 2024

Net Income

Up

$1,317,775

Up $1,592,142 (+580%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $285,919Liabilities 2014: $352,093Net Assets 2014: -$66,1742014Assets 2015: $1,093,899Liabilities 2015: $37,690Net Assets 2015: $1,056,2092015Assets 2016: $2,142,106Liabilities 2016: $1,112,567Net Assets 2016: $1,029,5392016Assets 2017: $1,281,445Liabilities 2017: $37,965Net Assets 2017: $1,243,4802017Assets 2018: $1,232,542Liabilities 2018: $35,340Net Assets 2018: $1,197,2022018Assets 2019: $358,298Liabilities 2019: $40,304Net Assets 2019: $317,9942019Assets 2020: $777,593Liabilities 2020: $515,908Net Assets 2020: $261,6852020Assets 2021: $967,476Liabilities 2021: $469,974Net Assets 2021: $497,5022021Assets 2022: $1,575,711Liabilities 2022: $1,110,171Net Assets 2022: $465,5402022Assets 2023: $1,851,916Liabilities 2023: $1,001,376Net Assets 2023: $850,5402023Assets 2024: $1,798,065Liabilities 2024: $1,221,892Net Assets 2024: $576,1732024Assets 2025: $3,167,090Liabilities 2025: $923,142Net Assets 2025: $2,243,9482025

Highlighted filing

2025

Assets$3,167,090
Liabilities$923,142
Net Assets$2,243,948

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,431,781Expenses 2014: $1,497,955Net Income 2014: -$66,1742014Revenue 2015: $1,571,995Expenses 2015: $1,623,023Net Income 2015: -$51,0282015Revenue 2016: $1,471,672Expenses 2016: $1,498,342Net Income 2016: -$26,6702016Revenue 2017: $1,616,282Expenses 2017: $1,402,341Net Income 2017: $213,9412017Revenue 2018: $1,352,247Expenses 2018: $1,398,525Net Income 2018: -$46,2782018Revenue 2019: $1,663,210Expenses 2019: $1,595,621Net Income 2019: $67,5892019Revenue 2020: $1,453,417Expenses 2020: $1,509,726Net Income 2020: -$56,3092020Revenue 2021: $2,025,951Expenses 2021: $1,790,134Net Income 2021: $235,8172021Revenue 2022: $2,026,306Expenses 2022: $2,058,268Net Income 2022: -$31,9622022Revenue 2023: $2,547,148Expenses 2023: $2,577,053Net Income 2023: -$29,9052023Revenue 2024: $2,705,810Expenses 2024: $2,980,177Net Income 2024: -$274,3672024Revenue 2025: $4,473,285Expenses 2025: $3,155,510Net Income 2025: $1,317,7752025

Highlighted filing

2025

Revenue$4,473,285
Expenses$3,155,510
Net Income$1,317,775

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
May 15, 2026
Return Version
2024v5.2
Gross Receipts
$4,706,925
Mission and Program Overview

Mission

The organization's primary function is to promote a greater awareness and understanding of the unique needs and the unique gifts of people with special needs, and encourages respect and empathy for those facing challenges.

To promote a greater awareness and understanding of the unique needs and unique gifts of people with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,434,703$1,212,072▼ $222,631
Pledges and Grants Receivable$230,415$1,206,588▲ $976,173
Land, Buildings, and Equipment, Net$7,852$364,165▲ $356,313
Cash and Non-Interest-Bearing Accounts$95,414$354,479▲ $259,065
Prepaid Expenses and Deferred Charges$19,681$17,986▼ $1,695
Investments Other Securities$10,000$11,800▲ $1,800
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,798,065$3,167,090▲ $1,369,025
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$500,000$490,286▼ $9,714
Other Liabilities$569,113$354,092▼ $215,021
Accounts Payable and Accrued Expenses$152,779$78,764▼ $74,015
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,221,892$923,142▼ $298,750
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$576,173$1,231,448▲ $655,275
Net Assets With Donor Restrictions$0$1,012,500▲ $1,012,500
Total Net Assets Fund Balance$576,173$2,243,948▲ $1,667,775
Total Liabilities and Net Assets / Fund Balance$1,798,065$3,167,090▲ $1,369,025

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$357,890-$357,890
Equipment$6,275$80,697$86,972
Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rabbi Zalman GrossbaumChairman and CEOPT$86,000$107,134$193,134

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,837,771
Program Service Revenue
$601,974
Investment Income
$18,930
Other Revenue
$14,610
All Other Contributions
$2,281,817
Change in Net Assets
$1,317,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,737,023
Salaries, Compensation, and Employee Benefits$1,418,487
Total Fundraising Expense$342,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$721,715$179,250$19,565$920,530
Other Expenses$535,451-$149,333$684,784
Occupancy$323,535$36,516$36,516$396,567
Other Employee Benefits$238,067$19,226$11,077$268,370
Current Officers, Directors, Trustees, and Key Employees$93,811$37,525$56,287$187,623
Information Technology$103,872$17,275$2,813$123,960
Advertising$63,103-$50,291$113,394
Fees for Services Other$58,046$45,167-$103,213
Office Expenses$75,303$23,492$3,789$102,584
Fees for Services Lobbying-$78,000-$78,000
Insurance$55,303$12,859$2,300$70,462
Payroll Taxes$32,764$4,486$4,714$41,964
Travel$15,913$1,579$5,511$23,003
Fees for Services Accounting-$20,774-$20,774
Interest-$16,710-$16,710
Depreciation Depletion$3,572--$3,572
Total Functional Expenses$2,320,455$492,859$342,196$3,155,510
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$233,640
Fundraising Gross Income$233,640
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$1,535,195$178,951$123,506$55,445
FCWalk$254,399$54,689$54,689$0
Total Events$1,789,594$233,640$233,640-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Levi GrossbaumBrother of CEOSalary and BenefitsNo$146,890
Toba GrossbaumWife of CEOSalary and BenefitsNo$111,892
Esty GrossbaumWife of Levi Grossbaumsalary and benefitsNo$59,120

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$354,092
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Friendship Circle New Jersey Inc
EIN
46-3008950
In Care Of
% RABBI ZALMAN GROSSBAUM
Phone
9732510203
Address
10 Microlab Road, Livingston, NJ 07039

Signing Officer

Name
Rabbi Zalman Grossbaum
Title
Chairman and CEO
Phone
9732510203
Signed
2026-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rabbi Zalman Grossbaum
Formed
2013
Legal Domicile
Nj
Voting Board Members
35
Independent Board Members
34
Employees
36
Volunteers
280

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Brad Caruso
Phone
7328281614
Supplemental Narrative

Additional Explanations

Core Form 990

PART VI, SECTION A, LINE 2 - Relationships DAVID ORBACH AND DARA ORBACH HAVE A FAMILIAL RELATIONSHIP. STEVEN SIMON AND MARA SIMON HAVE A FAMILIAL RELATIONSHIP. JEFFREY BERSHAD AND PHILIP BERSHAD HAVE A FAMILIAL RELATIONSHIP. JEFFREY BERSHAD AND MARISA BERSHAD HAVE A FAMILIAL RELATIONSHIP. PHILIP BERSHAD AND ANDREA BERSHAD HAVE A FAMILIAL RELATIONSHIP. BARRY LEVINE AND JACKIE LEVINE HAVE A FAMILIAL RELATIONSHIP. PART VI, SECTION B, LINE 7A THE CHABAD OF LIVINGSTON, INC., A TYPE III SUPPORTING ORGANIZATION AND PARENT COMPANY, HAS THE POWER TO APPOINT BOARD MEMBERS. PART VI, SECTION B LINE 11B - 990 Review A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE EXECUTIVE/FINANCE COMMITTEES FOR REVIEW. ONCE THE FORM 990 IS APPROVED BY THE COMMITTEES, THE RETURN IS FILED. PART VI, SECTION B LINE 12C - Conflicts of Interest BOARD MEMBERS ARE REQUIRED TO DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT IS BROUGHT TO THE BOARD'S ATTENTION, THE BOARD MEMBERS WILL DISCUSS THE POTENTIAL CONFLICT AND DECIDE IF A CONFLICT EXISTS. THERE WERE NO REPORTED CONFLICTS OF INTEREST DURING FISCAL YEAR 2021. PART VI, SECTION B LINE 15 - Compensation THE BOARD IS DIRECTLY INVOLVED IN DETERMINING COMPETITIVE AND REASONABLE SALARIES FOR EMPLOYEES. The CEO AND Executive Director's compensation is reviewed and approved annually by the board. PART VI, SECTION C LINE 19 - Public Availability f Documents GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Part XI, Line 9 Forgiveness of intercompany liability of $350,000.

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

Life Town and FCNJ are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code ("IRC") and state income taxes under similar provisions. They are required to file charitable registrations in states where they solicit contributions. Accordingly, no provision or liability for income taxes has been recorded in the combined financial statements. There were no uncertain tax positions at June 30, 2025 and 2024. Life Town and FCNJ did not have any income tax related penalties or interest for the years ended June 30, 2025 and 2024.

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