NEWTON TEACHERS ASSOCIATION INC (EIN 042060328) - 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

1950

Legal Domicile

Phone

6172449562

Tax Period

2023-07-01 to 2024-06-30

NEWTON TEACHERS ASSOCIATION INC, founded in 1950, is a small nonprofit that reported $849K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 66% operating deficit.

Mission

TO PROVIDE LOCAL ASSISTANCE IN SECURING AND MAINTAINING SALARIES, RETIREMENT TENURE, PROFESSIONAL AND SICK LEAVE, AND OTHER WORKING CONDITIONS NECESSARY TO PROMOTE EDUCATION AND THE TEACHING PROFESSION.

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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 $64,492

Program Service Revenue $483,809

Investment Income $43,554

Other Revenue $257,519

TOTAL REVENUE $849,374

Expense Breakdown

Grants Paid $3,825

Salaries & Benefits $333,521

Fundraising Expenses $0

Program Expenses $1,258,876

Other Expenses $1,068,504

TOTAL EXPENSES $1,405,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$849,374	$565,606	+0.5%
Expenses	$1,405,850	$577,078	+1.4%
Net Income	$-556,476	$-11,472	+47.5%

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

121

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

$100,615

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE WALSH	Treasurer	4.00	Officer	$40,887	$0	$40,887
MICHAEL ZILLES	President	40.00	Officer	$37,760	$0	$37,760
ELIZABETH SIMPSON	Vice President	4.00	Officer	$10,512	$0	$10,512
ELIZABETH DEL PORTO	Vice President	4.00	Officer	$7,406	$0	$7,406
SUSAN COHEN	REC SECRETARY	4.00	Officer	$4,050	$0	$4,050

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	No data	No data	No data	No data
2024	$849,374	$1,405,850	$185,187	$-556,476
2023	$565,606	$577,078	$742,023	$-11,472
2022	$474,902	$492,287	$753,378	$-17,385
2021	$582,631	$503,954	$770,576	$78,677
2020	$538,917	$503,296	$691,813	$35,621
2019	$513,445	$505,216	$656,502	$8,229
2018	$526,538	$438,150	$648,187	$88,388

NEWTON TEACHERS ASSOCIATION INC