NEW COMMUNITIES SERVICES INC HOUSI… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

JUDITH KATZ

Phone

6173045235

Tax Period

2020-06-01 to 2021-05-31

NEW COMMUNITIES SERVICES INC HOUSING SERVICES GROUP, founded in 1973, is a micro nonprofit that reported $55K in total revenue in fiscal year 2020. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 136% operating deficit.

Mission

Social Service & Community Development Programs

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

Provided property management services for low income and subsidized congregate housing funded by the Cambridge Housing Authority and social services coordination funded by the Executive Office of...

Provided property management services for low income and subsidized congregate housing funded by the Cambridge Housing Authority and social services coordination funded by the Executive Office of Elder Affairs through 4/30/2020.

Program 2

Expenses: $0 Revenue: $0

Operated 1 Adult Day Care Facility including transportation and hot lunch programs for elderly and handicapped citizens through 12/20/2019. 85% Government Subsidized Clients.

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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 (2020)

Revenue Breakdown

Contributions & Grants $54,000

Program Service Revenue $0

Investment Income $715

Other Revenue $0

TOTAL REVENUE $54,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $-492

Fundraising Expenses $0

Program Expenses $0

Other Expenses $129,880

TOTAL EXPENSES $129,388

Year-over-Year Comparison

	2020	2019	Change
Revenue	$54,715	$727,999	-0.9%
Expenses	$129,388	$978,357	-0.9%
Net Income	$-74,673	$-250,358	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pamela Shea	Director	1.00	Director	$0	$0	$0
Judith Katz	Clerk/Director	1.00	Officer Director	$0	$0	$0
Myra Musicant	President	1.00	Officer Director	$0	$0	$0
Thomas Chatellier	Treasurer	1.00	Officer Director	$0	$0	$0
Eileen Liss	Director	1.00	Director	$0	$0	$0
Stephen Roger	Director	1.00	Director	$0	$0	$0
Andrea Franz	Director	1.00	Director	$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
2021	$54,715	$129,388	$111,424	$-74,673
2021	$64	$111,438	No data	$-111,374
2020	$727,999	$978,357	$61,618	$-250,358
2019	$1,166,679	$1,390,758	$404,105	$-224,079
2018	$1,316,043	$1,282,449	$583,517	$33,594
2018	$1,308,480	$1,281,909	$576,494	$26,571

NEW COMMUNITIES SERVICES INC HOUSING SERVICES GROUP