NORTHEAST CENTER FOR YOUTH AND FAM… - 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

1976

Legal Domicile

Principal Officer

MEREDITH LAGOY

Phone

4135297777

Tax Period

2022-07-01 to 2023-06-30

NORTHEAST CENTER FOR YOUTH AND FAMILIES INC, founded in 1976, is a mid-sized nonprofit in the Human Services sector that reported $11.3M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $10.3M left a modest 9% surplus.

Mission

PROVIDE A RANGE OF HIGH-QUALITY, COMMUNITY-BASED, BEHAVIORAL HEALTH SERVICES TO EMPOWER INDIVIDUALS AND FAMILIES TO LIVE HEALTHY AND SUCCESSFUL LIVES.

Program Service Accomplishments

Program 1

Expenses: $4,102,254 Revenue: $5,230,834

FOSTER CARE PROGRAMS - FOSTER CARE SERVES CHILDREN VIA FIVE DIFFERENT PROGRAMS EACH DESIGNED TO ADDRESS THE INTENSITY OF SERVICE REQUIRED FOR THE INDIVIDUAL CHILD. THESE SERVICES RANGE FROM BASIC...

FOSTER CARE PROGRAMS - FOSTER CARE SERVES CHILDREN VIA FIVE DIFFERENT PROGRAMS EACH DESIGNED TO ADDRESS THE INTENSITY OF SERVICE REQUIRED FOR THE INDIVIDUAL CHILD. THESE SERVICES RANGE FROM BASIC CASE MANAGEMENT SUPPORT TO SUPPORT FOR CHILDREN WHO HAVE COMMITTED SEXUAL OFFENSES IN A PROGRAM THAT STRESSES PERSONAL RESPONSIBILITY AND ACCOUNTABILITY. FOSTER PARENTS ARE PROVIDED WITH THE NECESSARY TRAINING TO DEAL WITH A CHILD ACCORDING TO THE LEVEL OF HIS/HER INDIVIDUAL NEEDS. NUMBER OF INDIVIDUALS SERVED: 202

Program 2

Expenses: $2,119,690 Revenue: $2,805,862

RESIDENTIAL PROGRAMS - RESIDENTIAL TREATMENT PROGRAMS PROVIDE 24-HOUR INDIVIDUALIZED CARE TO EMOTIONALLY DISTURBED ADOLESCENTS, CHILDREN AND THEIR FAMILIES IN TWO DISTINCT COMMUNITY HOMES IN WESTERN MASSACHUSETTS. TREATMENT IS DESIGNED TO MEET THE SPECIFIC NEEDS OF EACH RESIDENT. CLIENTS ARE TREATED IN A MILIEU SETTING BY A MULTIDISCIPLINARY TEAM. NUMBER OF INDIVIDUALS SERVED: 27

Program 3

Expenses: $1,712,771 Revenue: $1,807,991

FAMILY SUPPORT SERVICES/OUTPATIENT CLIENT SERVICES - THE NCYF TEAM SERVES CHILDREN, FAMILIES AND ADULTS IN THE COMMUNITY WHO ARE EXPERIENCING EMOTIONAL DISTRESS BY PROVIDING CASE MANAGEMENT AND...

FAMILY SUPPORT SERVICES/OUTPATIENT CLIENT SERVICES - THE NCYF TEAM SERVES CHILDREN, FAMILIES AND ADULTS IN THE COMMUNITY WHO ARE EXPERIENCING EMOTIONAL DISTRESS BY PROVIDING CASE MANAGEMENT AND CLINICAL SUPPORT. NUMBER OF INDIVIDUALS SERVED: 656

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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 (2022)

Revenue Breakdown

Contributions & Grants $16,250

Program Service Revenue $11,040,349

Investment Income $16,741

Other Revenue $236,463

TOTAL REVENUE $11,309,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,284,056

Fundraising Expenses $0

Program Expenses $8,482,226

Other Expenses $4,974,915

TOTAL EXPENSES $10,258,971

Year-over-Year Comparison

	2022	2021	Change
Revenue	$11,309,803	$10,340,558	+0.1%
Expenses	$10,258,971	$9,763,690	+0.1%
Net Income	$1,050,832	$576,868	+0.8%

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

Governance

Voting Members

Independent Members

Employees

158

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

$310,057

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN DAY	DIRECTOR & PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID PASCUCCI	DIRECTOR & TREASURER	1.00	Officer Director	$0	$0	$0
DAVID LAWLESS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WEBBER	DIRECTOR & VP	1.00	Officer Director	$0	$0	$0
RICHARD BAUMAN	DIRECTOR	1.00	Officer Director	$0	$0	$0
SUNNI MCCOY	DIRECTOR & CLERK	1.00	Director	$0	$0	$0
MEREDITH LAGOY	EXECUTIVE DIRECTOR	40.00	Officer	$192,768	$13,238	$206,006
KELLY DAWSON	VP OF FINANCE	40.00	Officer	$101,869	$2,182	$104,051
DR NEIL KING	PSYCHIATRIST	40.00	Highest	$214,757	$3,290	$218,047

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	No data	No data	No data	No data
2023	$11,309,803	$10,258,971	$8,825,836	$1,050,832
2022	$10,340,558	$9,763,690	$7,991,386	$576,868
2021	$10,999,697	$9,671,709	$6,810,217	$1,327,988
2020	$11,295,392	$10,667,637	$6,937,323	$627,755
2019	$10,810,000	$12,018,652	$5,871,158	$-1,208,652

NORTHEAST CENTER FOR YOUTH AND FAMILIES INC