Northeast Section Institute of Food Technologists NEIFT

EIN: 042605037

Scarborough, ME

Total Revenue
$31,155
Total Expenses
$21,628
Total Assets
$1,214,092
Net Assets
$1,214,092
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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
1943
Legal Domicile
ME
Principal Officer
BLAKE BARTKO
Phone
2078393064
Tax Period
2023-09-01 to 2024-08-31

Northeast Section Institute of Food Technologists NEIFT, founded in 1943, is a micro nonprofit that reported $31K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10K, a strong 31% operating margin.

Mission

Promoting provide better and adequate food for mankind through the education and support of food science students in our region

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,715
Program Service Revenue $25,429
Investment Income $11
Other Revenue $0
TOTAL REVENUE $31,155

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,926
Other Expenses $1,628
TOTAL EXPENSES $21,628

Year-over-Year Comparison

2023 2022 Change
Revenue $31,155 $25,078 +0.2%
Expenses $21,628 $22,554 0.0%
Net Income $9,527 $2,524 +2.8%
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

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Governance

Voting Members
453
Independent Members
N/A
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAKE BARTKO President N/A
Officer
$0 $0 $0
PATRICE STRATTON Secretary N/A
Officer
$0 $0 $0
MEREDITH GERAGHTY President Elect N/A
Officer
$0 $0 $0
BRIANNA HUGHES Past President N/A
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
2025 No data No data No data No data
2024 $31,155 $21,628 $1,214,092 $9,527
2023 $25,078 $22,554 $952,079 $2,524
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