NEW ENGLAND SCHOOL DEVELOPMENT COUNCIL INC (EIN 042104762) - 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

1948

Legal Domicile

Principal Officer

DAVID DERUOSI JR

Phone

5084819444

Tax Period

2023-07-01 to 2024-06-30

NEW ENGLAND SCHOOL DEVELOPMENT COUNCIL INC, founded in 1948, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $404K, a strong 32% operating margin.

Mission

TO ASSIST SCHOOLS AND SCHOOL DISTRICTS IN BECOMING HIGH-PERFORMANCE ORGANIZATIONS, AND TO SUPPORT CONTINOUS EDUCATIONAL IMPROVEMENT.

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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 $1,204,773

Investment Income $57,479

Other Revenue $0

TOTAL REVENUE $1,262,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $636,395

Fundraising Expenses $0

Program Expenses $326,655

Other Expenses $222,286

TOTAL EXPENSES $858,681

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,262,252	$1,135,731	+0.1%
Expenses	$858,681	$987,341	-0.1%
Net Income	$403,571	$148,390	+1.7%

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

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

$192,500

Total Directors

$192,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DONALD J BEAUDETTE	RECORDING SECRETARY	0.00	Officer Director	$0	$0	$0
DR MICHAEL F FITZPATRICK	AT-LARGE	0.00	Officer Director	$0	$0	$0
DR JOSEPH F BAETA	CLERK	0.00	Officer Director	$0	$0	$0
MR MATTHEW A KEEGAN	TREASURER	0.00	Officer Director	$0	$0	$0
DR COLLEEN B JERMAIN	BOARD MEMBER	0.00	Director	$0	$0	$0
MR JEFFREY R NEWTON	VICE-CHAIR, AT-LARGE	0.00	Officer Director	$0	$0	$0
MR WINFRIED FENEBERG	CHAIR	0.00	Officer Director	$0	$0	$0
DR PATRICIA E COSENTINO	BOARD MEMBER	0.00	Director	$0	$0	$0
DR PETER J CUMMINGS	BOARD MEMBER	0.00	Director	$0	$0	$0
DR ANDREW R DOLLOFF	BOARD MEMBER	0.00	Director	$0	$0	$0
MR THOMAS W GIARD	BOARD MEMBER	0.00	Director	$0	$0	$0
MS BETH COBB	BOARD MEMBER	0.00	Director	$0	$0	$0
DR BILL H KIMBALL	BOARD MEMBER	0.00	Director	$0	$0	$0
MR PETER D MARANO	BOARD MEMBER	0.00	Director	$0	$0	$0
MS MEREDITH S NADEAU	BOARD MEMBER	0.00	Director	$0	$0	$0
MS ELLEN H HALLIDAY	BOARD MEMBER	0.00	Director	$0	$0	$0
DR STEPHEN MARQUIS	BOARD MEMBER	0.00	Director	$0	$0	$0
DR BETH REGULBUTO	BOARD MEMBER	0.00	Director	$0	$0	$0
DR DAVID DERUOSI JR	ASSISTANT TREASURER	37.50	Officer Director	$175,000	$17,500	$192,500

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	$1,262,252	$858,681	$3,852,506	$403,571
2023	$1,135,731	$987,341	$3,400,201	$148,390
2022	$1,237,647	$909,628	$3,199,896	$328,019
2021	$1,077,255	$794,555	$2,871,303	$282,700
2020	$1,095,860	$869,389	$2,549,502	$226,471
2019	$1,054,340	$873,022	$2,299,543	$181,318

NEW ENGLAND SCHOOL DEVELOPMENT COUNCIL INC