TWELVE STEP EDUCATION PROGRAM OF NEW ENGLAND INC (EIN 043197935) - 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

1993

Legal Domicile

Principal Officer

Phil Malonson

Phone

9786702429

Tax Period

2022-07-01 to 2023-06-30

TWELVE STEP EDUCATION PROGRAM OF NEW ENGLAND INC, founded in 1993, is a small nonprofit in the Human Services sector that reported $769K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $850K exceeded revenue, resulting in a 10% operating deficit.

Mission

TWELVE STEP PROVIDES HOUSING, SERVICES, EDUCATION AND SOME COUNSELING TO RECOVERING ALCOHOLICS AND DRUG ABUSERS, AS WELL AS THEIR FAMILIES

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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 $0

Program Service Revenue $769,039

Investment Income $0

Other Revenue $0

TOTAL REVENUE $769,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,976

Fundraising Expenses $0

Program Expenses $841,377

Other Expenses $648,796

TOTAL EXPENSES $849,772

Year-over-Year Comparison

	2022	2021	Change
Revenue	$769,039	$585,859	+0.3%
Expenses	$849,772	$694,123	+0.2%
Net Income	$-80,733	$-108,264	-0.3%

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

N/A

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
Phil Malonson	Executive Director	40	Officer Director Key Emp	$0	$0	$0
Lauren Malcolm	President	1	Officer Director	$0	$0	$0
Alan Flagg	Clerk	1	Officer Director	$0	$0	$0
Shannon Daly	Member	1	Officer Director	$0	$0	$0
Donald Morse	Member	1	Officer Director	$0	$0	$0
Chris Bradley	Member	1	Director	$0	$0	$0
Peg Scoble Sigele	Member	1	Director	$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	No data	No data	No data	No data
2023	$769,039	$849,772	$266,567	$-80,733
2022	$585,859	$694,123	$236,879	$-108,264
2021	$509,436	$721,204	$376,432	$-211,768
2020	$705,918	$886,799	$550,402	$-180,881
2018	$1,588,225	$852,792	$928,147	$735,433

TWELVE STEP EDUCATION PROGRAM OF NEW ENGLAND INC