Manchester Neighborhood Housing Services Inc (EIN 020455301) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Robert Tourigny

Phone

6036264663

Tax Period

2024-04-01 to 2025-03-31

Manchester Neighborhood Housing Services Inc, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

Low Income Housing

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $703,765

Program Service Revenue $877,572

Investment Income $218,734

Other Revenue $0

TOTAL REVENUE $1,800,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,312,117

Fundraising Expenses $297,387

Program Expenses $1,332,416

Other Expenses $698,385

TOTAL EXPENSES $2,010,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,800,071	$3,471,294	-0.5%
Expenses	$2,010,502	$2,620,249	-0.2%
Net Income	$-210,431	$851,045	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

295

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$311,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric LeBlanc	Chair	2.00	Officer Director	$0	$0	$0
Zachery Palmer	Vice Chair	2.00	Officer Director	$0	$0	$0
Nick Villeneuve	Treasurer	2.00	Officer Director	$0	$0	$0
Megan Carrier Esq	Secretary	2.00	Officer Director	$0	$0	$0
David Grappone	Board Member	2.00	Director	$0	$0	$0
Awilda Muniz	Board Member	2.00	Director	$0	$0	$0
Richard Sawyer	Board Member	2.00	Director	$0	$0	$0
Richard Plourde	Board Member	2.00	Director	$0	$0	$0
Maria Perez	Board Member	2.00	Director	$0	$0	$0
Robert Tourigny	Executive Director	35.00	Officer	$163,763	$19,521	$183,284
Diane Brewster	Chief Operating Officer	35.00	Officer	$112,473	$15,726	$128,199
Jennifer Vadney	Neighborhood Development Director	35.00	Highest	$104,794	$15,312	$120,106

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,800,071	$2,010,502	$10,497,401	$-210,431
2024	$3,471,294	$2,620,249	$10,712,012	$851,045
2023	$2,531,167	$1,692,094	$9,848,203	$839,073
2022	$1,551,770	$2,070,910	$9,007,199	$-519,140
2021	$2,355,115	$2,209,223	$9,637,051	$145,892
2020	$2,567,516	$2,046,563	$9,650,202	$520,953
2019	$1,939,597	$1,531,994	$9,953,038	$407,603
2018	$1,915,563	$1,496,524	$9,584,681	$419,039

Manchester Neighborhood Housing Services Inc