NEW ENGLAND VENTURE CAPITAL ASSOCIATION UNC F/K/A NE VENTURE CAPITAL ASSOC (EIN 042579421) - 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

2015

Legal Domicile

Principal Officer

ARI F GLANTZ

Phone

6179557264

Tax Period

2024-01-01 to 2024-12-31

NEW ENGLAND VENTURE CAPITAL ASSOCIATION UNC F/K/A NE VENTURE CAPITAL ASSOC, founded in 2015, is a small nonprofit in the Mutual Benefit sector that reported $670K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $757K exceeded revenue, resulting in a 13% operating deficit.

Mission

MAINTAINING A VIBRANT VENTURE CAPITAL COMMUNITY IN NEW ENGLAND.

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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 $651,404

Program Service Revenue $0

Investment Income $18,997

Other Revenue $0

TOTAL REVENUE $670,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $374,317

Fundraising Expenses $0

Other Expenses $383,103

TOTAL EXPENSES $757,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$670,401	$909,784	-0.3%
Expenses	$757,420	$725,816	+0.0%
Net Income	$-87,019	$183,968	-1.5%

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

$208,253

Total Directors

$208,253

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARI F GLANTZ	EXECUTIVE DIRECTOR	40.00	Officer Director	$208,253	$0	$208,253
KENT BENNETT	CHAIR	1.00	Officer Director	$0	$0	$0
LILY LYMAN	TREASURER	1.00	Officer Director	$0	$0	$0
DEBORAH PALESTRANT	MEMBER	1.00	Director	$0	$0	$0
ANNA PALMER	MEMBER	1.00	Director	$0	$0	$0
DARSHANA ZAVERI	MEMBER	1.00	Director	$0	$0	$0
JASMINA MARJANOVIC	MEMBER	1.00	Director	$0	$0	$0
RUDINA SESERI	MEMBER	1.00	Director	$0	$0	$0
STEFAN VITOROVIC	MEMBER	1.00	Director	$0	$0	$0
IAN CHIANG	MEMBER	1.00	Director	$0	$0	$0
CHARLIE HIPWOOD	MEMBER	1.00	Director	$0	$0	$0
V KADIR KADHIRESAN PHD	MEMBER	1.00	Director	$0	$0	$0
JESSICA ALSTON	MEMBER	1.00	Director	$0	$0	$0
MARK CRANE	MEMBER	1.00	Director	$0	$0	$0
COLLEEN CUFFARO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
YUMIN CHOI	CHAIR-EMERITUS	0.00	Officer 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
2024	$670,401	$757,420	$830,266	$-87,019
2023	$909,784	$725,816	$917,285	$183,968
2022	$638,565	$552,220	$733,317	$86,345
2021	$792,153	$873,193	$646,972	$-81,040
2020	$1,431,986	$1,598,652	$1,233,482	$-166,666
2019	$2,070,598	$1,375,843	$1,432,991	$694,755
2018	$1,561,467	$1,136,978	$738,236	$424,489

NEW ENGLAND VENTURE CAPITAL ASSOCIATION UNC F/K/A NE VENTURE CAPITAL ASSOC