NORTHEAST ACQUIRERS ASSOCIATIONINC NORTHEAST ACQUIRERS ASSOCIATION (EIN 020507192) - 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

1998

Legal Domicile

Principal Officer

ALAN V FORGIONE

Phone

6034902729

Tax Period

2023-01-01 to 2023-12-31

NORTHEAST ACQUIRERS ASSOCIATIONINC NORTHEAST ACQUIRERS ASSOCIATION, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $502K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $79K, a strong 16% operating margin.

Mission

WE ARE A NON-MEMBER VOLUNTEER GROUP THAT HOSTS EDUCATIONAL AND NETWORKING FORUMS FOR THOSE IN THE FINANCIAL MERCHANT SERVICES INDUSTRIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $495,900

Investment Income $6,584

Other Revenue $0

TOTAL REVENUE $502,484

Expense Breakdown

Grants Paid $1,775

Salaries & Benefits $1,201

Fundraising Expenses $0

Program Expenses $423,570

Other Expenses $420,594

TOTAL EXPENSES $423,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$502,484	$680,262	-0.3%
Expenses	$423,570	$325,668	+0.3%
Net Income	$78,914	$354,594	-0.8%

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

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN V FORGIONE	PRESIDENT	12.00	Officer	$0	$0	$0
NANCY D AUSTIN	VICE PRESIDE	8.00	Officer	$0	$0	$0
RUTH GORSKI	DIRECTOR	10.00	Director	$0	$0	$0
JEFF AKESON	DIRECTOR	12.00	Director	$0	$0	$0
DONNA EMBRY	DIRECTOR	8.00	Director	$0	$0	$0
CARL COTTO	DIRECTOR	6.00	Director	$0	$0	$0
PETER PHILOMEY	DIRECTOR	4.00	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$502,484	$423,570	$1,168,877	$78,914
2022	$680,262	$325,668	$1,092,717	$354,594
2021	$139,606	$63,720	$738,123	$75,886
2020	$162,918	$244,619	$662,237	$-81,701

NORTHEAST ACQUIRERS ASSOCIATIONINC NORTHEAST ACQUIRERS ASSOCIATION