NEWTON WELLESLEY HOSPITAL AUXILIAR… - 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

1885

Legal Domicile

Principal Officer

VINCENT MCDERMOTT

Phone

7812371497

Tax Period

2018-07-01 to 2019-06-30

NEWTON WELLESLEY HOSPITAL AUXILIARYINC, founded in 1885, is a small nonprofit that reported $386K in total revenue in fiscal year 2018. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $695K exceeded revenue, resulting in a 80% operating deficit.

Mission

TO SUPPORT THE NEWTON WELLESLEY HOSPITAL WITH FINANCIAL ASSISTANCE IN PURCHASING MEDICAL AND OTHER EQUIPMENT, AND FOR ANY OTHER LAWFUL PURPOSE THE HOSPITAL MAY REQUEST.

Program Service Accomplishments

Program 1

Expenses: $621,326 Revenue: $358,169

OPERATING THE GIFT SHOP IN NEWTON WELLESLEY HOSPITAL

Program 2

Expenses: $62,100

COLLEGE SCHOLARSHIPS WERE AWARDED TO 55 GRADUATING HIGH SCHOOL SENIORS FROM THE TOWNS SURROUNDING WELLESLEY, MA.

Program 3

Expenses: $115 Revenue: $24,637

OPERATING THE THE THRIFT SHOP AT NEWTON-WELLESLEY HOSPITAL

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,266

Other Revenue $382,806

TOTAL REVENUE $386,072

Expense Breakdown

Grants Paid $419,131

Salaries & Benefits $240,924

Fundraising Expenses $0

Program Expenses $683,541

Other Expenses $34,714

TOTAL EXPENSES $694,769

Year-over-Year Comparison

	2018	2017	Change
Revenue	$386,072	$322,988	+0.2%
Expenses	$694,769	$360,084	+0.9%
Net Income	$-308,697	$-37,096	+7.3%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNE T DIBONA	PRESIDENT	4.00	Officer	$0	$0	$0
ADELE BEGGS	TREASURER	2.00	Officer	$0	$0	$0
NANCYE CONNOR	SECRETARY	0.50	Officer	$0	$0	$0
JOANNE BRYSON	DIRECTOR	0.50	Officer	$0	$0	$0
JOANNE M BRESCIANI	DIRECTOR	0.50	Officer	$0	$0	$0
JULIE NASH	DIRECTOR	0.50	Officer	$0	$0	$0
MARIANNE SORRELL	DIRECTOR	0.50	Officer	$0	$0	$0
TRACILEE MESSINA	DIRECTOR	0.50	Officer	$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
2019	$386,072	$694,769	No data	$-308,697

NEWTON WELLESLEY HOSPITAL AUXILIARYINC