Northeast Section Institute of Foo… - Form 990 Financial Data

🔒

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

1943

Legal Domicile

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 the application of science to providing better and adequate food for mankind through education and the support of students in the region's food science programs.

Program Service Accomplishments

Program 1

Expenses: $42,150 Revenue: $25,315

Annual Suppliers Expo, Morning Technical Presentations, Afternoon Supplier Exhibits, Evening Dinner Reception. Free Show Directory, Free Food Manufacturer Admission

Program 2

Expenses: $20,776 Revenue: $-776

Student Scholarships, Student Recognition Dinner

🔒

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 (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

🔒

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

453

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

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

Northeast Section Institute of Food Technologists NEIFT