NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC (EIN 042453465) - 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

1968

Legal Domicile

Principal Officer

JUDITH WEBER

Phone

6172444035

Tax Period

2023-01-01 to 2023-12-31

NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC, founded in 1968, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $445K, a strong 18% operating margin.

Mission

TO DEVELOP AND MANAGE LOW AND MODERATE INCOME HOUSING AND ELDERLY HOUSING.

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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 $233,087

Program Service Revenue $1,584,730

Investment Income $232,345

Other Revenue $485,073

TOTAL REVENUE $2,535,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,540,811

Fundraising Expenses $43,288

Program Expenses $1,459,898

Other Expenses $536,440

TOTAL EXPENSES $2,089,854

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,535,235	$2,246,080	+0.1%
Expenses	$2,089,854	$1,931,284	+0.1%
Net Income	$445,381	$314,796	+0.4%

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

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

$209,302

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ENGLER	PRESIDENT (UNTIL 9/23)	1.00	Officer Director	$0	$0	$0
JUDITH WEBER	VP (UNT 9/23)/PRES (AS OF 9/23)	1.00	Officer Director	$0	$0	$0
DAVID KOVEN	DIRECTOR/VP (AS OF 9/23)	1.00	Officer Director	$0	$0	$0
BRIAN GALLAGHER	SECRETARY	1.00	Officer Director	$0	$0	$0
TIMOTHY DACEY	TREASURER	1.00	Officer Director	$0	$0	$0
ZAK ATTENBOROUGH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DILLON	DIRECTOR	1.00	Director	$0	$0	$0
MAXWELL EBB	DIRECTOR	1.00	Director	$0	$0	$0
WINNIE EBB	DIRECTOR	1.00	Director	$0	$0	$0
GAYE FREED	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA KELLY	DIRECTOR (UNTIL 9/23)	1.00	Director	$0	$0	$0
LISA MENELLY	DIRECTOR	1.00	Director	$0	$0	$0
FRANK NEAL	DIRECTOR	1.00	Director	$0	$0	$0
GENA NEVO	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN PALEY	DIRECTOR	1.00	Director	$0	$0	$0
ANNE PRIESTLEY	DIRECTOR (UNTIL 9/23)	1.00	Director	$0	$0	$0
LIZ SEELEY	DIRECTOR	1.00	Director	$0	$0	$0
CAREN SILVERLIEB	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH SPAR	DIRECTOR	1.00	Director	$0	$0	$0
ANNE TRIBUSH	DIRECTOR	1.00	Director	$0	$0	$0
JEANNE STRICKLAND	EXECUTIVE DIRECTOR	40.00	Officer	$183,677	$25,625	$209,302
DINA TROIANI	DIRECTOR OF PROPERTY MANAGEMENT	40.00	Highest	$127,798	$6,654	$134,452
GRACE CONNOLLY	DIRECTOR OF FINANCE AND ADMIN	37.50	Highest	$135,085	$12,474	$147,559

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	$2,535,235	$2,089,854	$12,228,683	$445,381
2022	$2,246,080	$1,931,284	$11,224,820	$314,796
2021	$3,122,745	$1,683,575	$11,714,209	$1,439,170
2020	$6,427,602	$1,603,713	$10,064,605	$4,823,889
2019	$1,710,354	$1,691,212	$5,102,196	$19,142
2018	$1,502,520	$1,513,793	$4,931,482	$-11,273

NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC