437 ESSEX INC (EIN 042679253) - 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

1978

Legal Domicile

Principal Officer

Gail Hall

Phone

9789275326

Tax Period

2023-07-01 to 2024-06-30

437 ESSEX INC, founded in 1978, is a small nonprofit that reported $928K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $800K left a modest 14% surplus.

Mission

Rental to other exempt organization

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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 $27,500

Program Service Revenue $864,812

Investment Income $35,832

Other Revenue $0

TOTAL REVENUE $928,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,710

Fundraising Expenses $0

Program Expenses $737,918

Other Expenses $665,031

TOTAL EXPENSES $799,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$928,144	$795,624	+0.2%
Expenses	$799,741	$702,295	+0.1%
Net Income	$128,403	$93,329	+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

Total Directors

$71,027

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD HALL	PRESIDENT	0.00	Officer	$0	$0	$0
GAIL HALL	TREASURER	0.00	Officer	$0	$0	$0
PETER ROY	CLERK	0.00	Officer	$0	$0	$0
J GERARD ROY	DIRECTOR	0.00	Director	$0	$0	$0
EDWARD LOMASNEY	DIRECTOR	0.00	Director	$0	$0	$0
EDWARD POTVIN	EXECUTIVE DIRECTOR	30.00	Director	$71,027	$0	$71,027

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	$928,144	$799,741	$5,119,315	$128,403
2023	$795,624	$702,295	$4,878,203	$93,329
2022	$786,160	$700,011	$4,399,371	$86,149
2021	$969,420	$712,207	$4,664,139	$257,213
2020	$768,269	$719,715	$4,739,317	$48,554
2019	$771,265	$699,121	$4,837,134	$72,144

437 ESSEX INC