THEATRE OWNERS OF NEW ENGLAND INC (EIN 041469520) - 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

1929

Legal Domicile

Principal Officer

DANIEL VIEIRA

Phone

5084788663

Tax Period

2023-01-01 to 2023-12-31

THEATRE OWNERS OF NEW ENGLAND INC, founded in 1929, is a micro nonprofit that reported $76K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $100K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO MAINTAIN A REGIONAL TRADE ASSOCIATION OF MOTION PICTURE THEATRE OWNERS; TO UNITE FOR THE MUTUAL BENEFIT, PROTECTION, AND IMPROVEMENT OF THE MOVIE THEATRE INDUSTRY. HOLD SEMINARS AND PROVIDE INFORMATION TO EDUCATE MOVIE THEATRE PERSONNEL IN THE ENHANCEMENT OF THE MOVIE GOING EXPERIENCE.

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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 $32,350

Program Service Revenue $0

Investment Income $10,544

Other Revenue $33,214

TOTAL REVENUE $76,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,208

Fundraising Expenses $0

Other Expenses $15,441

TOTAL EXPENSES $99,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,108	$57,383	+0.3%
Expenses	$99,649	$42,973	+1.3%
Net Income	$-23,541	$14,410	-2.6%

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

N/A

Volunteers

N/A

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

$78,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HANNEY	PRESIDENT	0.00	Officer Director	$0	$0	$0
HAROLD BLANK	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
JOHN VINCENT JR	TREASURER AND CLERK	0.00	Officer Director	$0	$0	$0
DANIEL VIEIRA	EXECUTIVE DIRECTOR	40.00	Director	$78,000	$0	$78,000

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	$76,108	$99,649	$404,929	$-23,541
2022	$57,383	$42,973	$427,620	$14,410
2021	$105,516	$176,280	$592,786	$-70,764
2021	$105,516	$176,280	$592,786	$-70,764
2020	$58,571	$137,384	$660,960	$-78,813

THEATRE OWNERS OF NEW ENGLAND INC