NEW ENGLAND TRADE ADJUSTMENT ASSISTANCE (EIN 042740924) - 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

1981

Legal Domicile

Principal Officer

LISA MCHATTON

Phone

9786639870

Tax Period

2023-07-01 to 2024-06-30

NEW ENGLAND TRADE ADJUSTMENT ASSISTANCE, founded in 1981, is a small nonprofit that reported $776K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO ASSIST TRADE IMPACTED MANUFACTURERS

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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 $774,620

Program Service Revenue $0

Investment Income $889

Other Revenue $0

TOTAL REVENUE $775,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $265,414

Fundraising Expenses $0

Program Expenses $621,114

Other Expenses $522,189

TOTAL EXPENSES $787,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$775,509	$1,068,719	-0.3%
Expenses	$787,603	$1,073,250	-0.3%
Net Income	$-12,094	$-4,531	+1.7%

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

Key Employees

$178,682

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA BOUNTY	DIRECTOR	0.20	Director	$0	$0	$0
DAVID A DARLINGTON	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHARLES BUNNELL	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM GILDEA	SECTRETARY	0.20	Officer Director	$0	$0	$0
JOHN WEIGOLD	DIRECTOR	0.20	Director	$0	$0	$0
RICHARD E DRAGON	TREASURER	0.20	Officer Director	$0	$0	$0
SIDNEY J HOLBROOK	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
JOHN S JOHNSON	DIRECTOR	0.20	Director	$0	$0	$0
BOBBY STEPHEN	DIRECTOR	0.20	Director	$0	$0	$0
LAWRENCE ROBINSON	DIRECTOR	0.20	Director	$0	$0	$0
JAMES B STEWART	DIRECTOR	0.20	Director	$0	$0	$0
LISA MCHATTON	EXECUTIVE DIRECTOR	40.00	Key Emp	$178,682	$0	$178,682

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	$775,509	$787,603	$72,955	$-12,094
2023	$1,068,719	$1,073,250	$48,135	$-4,531
2022	$1,539,209	$1,539,160	$151,965	$49
2021	$1,964,794	$2,129,308	$129,956	$-164,514
2020	$1,112,275	$1,112,206	$151,058	$69
2019	$1,349,808	$1,349,369	$28,087	$439
2018	$1,317,988	$1,317,900	$27,410	$88

NEW ENGLAND TRADE ADJUSTMENT ASSISTANCE