UNITED WAY OF GREATER NEW BEDFORD INC (EIN 042104264) - 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

1953

Legal Domicile

Principal Officer

MICHELLE N HANTMAN

Phone

5089949625

Tax Period

2024-07-01 to 2025-06-30

UNITED WAY OF GREATER NEW BEDFORD INC, founded in 1953, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024.

Mission

OUR MISSION IS TO MOBILIZE PEOPLE, PARTNERSHIPS AND RESOURCES TO CATALYZE CHANGE THAT STRENGTHENS THE COMMUNITIES SERVED.

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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 $2,634,228

Program Service Revenue $65,915

Investment Income $239,450

Other Revenue $155,772

TOTAL REVENUE $3,095,365

Expense Breakdown

Grants Paid $388,250

Salaries & Benefits $1,320,918

Fundraising Expenses $404,085

Program Expenses $2,000,278

Other Expenses $1,436,735

TOTAL EXPENSES $3,145,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,095,365	$3,093,342	+0.0%
Expenses	$3,145,903	$2,915,151	+0.1%
Net Income	$-50,538	$178,191	-1.3%

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

769

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

$399,407

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER FORTIER	CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER ST PIERRE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER OLIVIER	TREASURER	1.00	Officer Director	$0	$0	$0
ROLAND GIROUX ESQ	CLERK	1.00	Officer Director	$0	$0	$0
SHANNA HOWELL	IMMEDIATE PAST CHAIR	0.50	Director	$0	$0	$0
NICOLE ALMEIDA	DIRECTOR	0.50	Director	$0	$0	$0
STARLENE ALVES ESQ	DIRECTOR	0.50	Director	$0	$0	$0
HEATHER M BONNET-HEBERT ESQ	DIRECTOR	0.50	Director	$0	$0	$0
MORGAN DIAZ	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER DOWNING	DIRECTOR	0.50	Director	$0	$0	$0
FRANCINE FERGUSON	DIRECTOR	0.50	Director	$0	$0	$0
DAVID GOMES	DIRECTOR	0.50	Director	$0	$0	$0
DONALD HARTLEY	DIRECTOR	0.50	Director	$0	$0	$0
ROSEMARIE LOPES	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE LORANGER	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW PAYETTE	DIRECTOR	0.50	Director	$0	$0	$0
JILL SIMOES	DIRECTOR	0.50	Director	$0	$0	$0
JACQUELINE G SOMERVILLE	DIRECTOR	0.50	Director	$0	$0	$0
RAY SURPRENANT	DIRECTOR	0.50	Director	$0	$0	$0
NELSON TAVARES	DIRECTOR	0.50	Director	$0	$0	$0
SARAH ROSE	CHIEF IMPACT OFFICER	37.50	Officer	$120,506	$6,025	$126,531
KATHERINE CRAWFORD	CHIEF FINANCE & HR OFFICER	37.50	Officer	$106,198	$2,212	$108,410
MICHELLE HANTMAN	PRESIDENT & CEO	37.50	Officer	$135,690	$28,776	$164,466

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	$3,095,365	$3,145,903	$4,042,615	$-50,538
2024	$3,093,342	$2,915,151	$3,686,643	$178,191
2023	$2,861,061	$2,838,710	$3,578,851	$22,351
2022	$4,464,840	$4,252,106	$3,496,930	$212,734
2021	$6,152,242	$5,820,583	$3,918,286	$331,659
2020	$3,844,294	$3,902,187	$3,174,086	$-57,893
2019	$3,180,734	$3,248,060	$2,731,878	$-67,326

UNITED WAY OF GREATER NEW BEDFORD INC