NORTHEAST WHOLESALE FOOD DISTRIBUTORS ASSOCIATION INC (EIN 042135279) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1875

Legal Domicile

Principal Officer

KEVIN GRIFFIN

Phone

6179224300

Tax Period

2024-01-01 to 2024-12-31

NORTHEAST WHOLESALE FOOD DISTRIBUTORS ASSOCIATION INC, founded in 1875, is a small nonprofit that reported $539K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

NEWFDA'S MISSION IS TO PROVIDE VALUE TO OUR MEMBER COMPANIES THROUGH OUR SCHOLARSHIP PROGRAM, EDUCATION, AND NETWORKING. WE ADDRESS THE ISSUES AND CHALLENGES FACED BY DISTRIBUTORS, WHOLESALERS, MANUFACTURERS AND BROKERS, AND PROVIDE A COMMON GROUND FOR EFFECTIVE SOLUTIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $538,717

Investment Income $0

Other Revenue $0

TOTAL REVENUE $538,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,000

Fundraising Expenses $0

Program Expenses $546,332

Other Expenses $456,332

TOTAL EXPENSES $546,332

Year-over-Year Comparison

	2024	2023	Change
Revenue	$538,717	$488,796	+0.1%
Expenses	$546,332	$324,460	+0.7%
Net Income	$-7,615	$164,336	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$90,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE AUBREY	DIRECTOR	0.10	Director	$0	$0	$0
LJ COMBE	DIRECTOR	0.10	Director	$0	$0	$0
PATRICK KENNEDY	DIRECTOR	0.10	Director	$0	$0	$0
JEFF KING	DIRECTOR	0.10	Director	$0	$0	$0
PAUL LACOSTE	DIRECTOR	0.10	Director	$0	$0	$0
DEB LARIVIERE	DIRECTOR	0.10	Director	$0	$0	$0
DON PERUGINI	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN REILLY	DIRECTOR	0.10	Director	$0	$0	$0
SUE RICARDI	DIRECTOR	0.10	Director	$0	$0	$0
ADAM RISEDORF	DIRECTOR	0.10	Director	$0	$0	$0
JEFF EDWARDS	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN GRIFFIN	EXECUTIVE DIRECTOR	20.00	Officer	$90,000	$0	$90,000
DAN FUDGER	CHAIRPERSON	20.00	Officer	$0	$0	$0
SHARON DELANEY	VICE-PRESIDENT	20.00	Officer	$0	$0	$0
RANDY SHAW	VICE-PRESIDENT	20.00	Officer	$0	$0	$0
GERRY CASTINGETTI	TREASURER	20.00	Officer	$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	$538,717	$546,332	$182,407	$-7,615
2023	$488,796	$324,460	$214,911	$164,336
2022	$207,759	$318,770	$275,112	$-111,011
2021	$223,108	$215,836	$143,553	$7,272
2020	$154,730	$207,074	$139,784	$-52,344
2019	$559,310	$480,414	$209,289	$78,896
2018	$350,056	$291,756	$139,817	$58,300

NORTHEAST WHOLESALE FOOD DISTRIBUTORS ASSOCIATION INC