COYNE ROAD INC

EIN: 043344288 501(c)(3) Housing & Shelter

NEWTON CENTRE, MA

Total Revenue
$193,492
Total Expenses
$165,147
Total Assets
$781,113
Net Assets
$140,310
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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
1996
Legal Domicile
MA
Principal Officer
BRENDA NOEL
Phone
6179646860
Tax Period
2024-07-01 to 2025-06-30

COYNE ROAD INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $193K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $165K left a modest 15% surplus.

Mission

COYNE ROAD, INC. (THE ORGANIZATION) IS ONE OF FOUR (4) HUD ENTITIES AFFILIATED WITH PATHWAY TO POSSIBLE, INC. ITS MISSION IS TO PROVIDE AFFORDABLE QUALITY HOUSING TO APPROXIMATELY 40 ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES WHO ARE REFERRED AND FUNDED BY THE COMMONWEALTH OF MA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $193,084
Investment Income $408
Other Revenue $0
TOTAL REVENUE $193,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $127,729
Other Expenses $165,147
TOTAL EXPENSES $165,147

Year-over-Year Comparison

2024 2023 Change
Revenue $193,492 $157,172 +0.2%
Expenses $165,147 $192,281 -0.1%
Net Income $28,345 $-35,109 -1.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$177,742
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY GOLDSTEIN PRESIDENT 2.00
Officer Director
$0 $0 $0
PATTY BAKER CLERK 2.00
Officer Director
$0 $0 $0
SHANNON ARMSTRONG VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
NICK FORESTI TREASURER 2.00
Director
$0 $0 $0
BRENDA NOEL EXECUTIVE DIRECTOR 1.00
Officer
$0 $0 $177,742
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 $193,492 $165,147 $781,113 $28,345
2024 $157,172 $192,281 $777,934 $-35,109
2023 $138,008 $152,343 $779,808 $-14,335
2022 $132,807 $142,507 $771,549 $-9,700
2021 $77,682 $115,223 $737,340 $-37,541
2020 $90,423 $106,347 $745,926 $-15,924
2019 $96,013 $100,469 $789,223 $-4,456
2018 $85,430 $111,018 $774,574 $-25,588
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