NORTHEAST EQUIPMENT DEALERS ASSOCIATION INC (EIN 043665664) - 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

2002

Legal Domicile

Principal Officer

DAVID CLOSE

Phone

3154570314

Tax Period

2023-12-31 to 2024-11-30

NORTHEAST EQUIPMENT DEALERS ASSOCIATION INC, founded in 2002, is a small nonprofit that reported $733K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $667K left a modest 9% surplus.

Mission

TO IMPROVE AND PERPETUATE THE RETAIL FARM, INDUSTRIAL AND LAWN AND GARDEN EQUIPMENT BUSINESS. THE PROGRAMS AND ACTIVITIES THE ORGANIZATION OFFERS ITS MEMBERS ARE FOR THE BENEFIT OF THE MEMBERS AND ARE SPECIFIC TO THE ORGANIZATION'S MISSION. THIS ORGANIZATION IS COMMITTED TO BUILDING THE BEST BUSINESS ENVIRONMENT FOR THE NORTHEAST EQUIPMENT DEALERS.

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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 $101,472

Program Service Revenue $624,233

Investment Income $6,860

Other Revenue $0

TOTAL REVENUE $732,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $382,500

Fundraising Expenses $0

Program Expenses $364,386

Other Expenses $284,770

TOTAL EXPENSES $667,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$732,565	$810,496	-0.1%
Expenses	$667,270	$803,477	-0.2%
Net Income	$65,295	$7,019	+8.3%

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

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

$129,521

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LLOYD LAMB	DIRECTOR	2.00	Director	$0	$0	$0
TIM CALL	DIRECTOR	2.00	Director	$0	$0	$0
BRYAN MESSICK	1ST VP/TREASURER	2.00	Officer Director	$0	$0	$0
ED HINES	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN CARPENTER	DIRECTOR	2.00	Director	$0	$0	$0
LAURA OLINGER	2ND VP	2.00	Officer Director	$0	$0	$0
CRAIG HOUSEKNECHT	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
PAUL BUCCHI	DIRECTOR	2.00	Director	$0	$0	$0
BRAD HERSHEY	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT MILLER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN KOMARISKY	PRESIDENT	2.00	Officer Director	$0	$0	$0
NATE SHATTUCK	DIRECTOR	2.00	Director	$0	$0	$0
DAVID CLOSE	EXECUTIVE VP/CEO	40.00	Officer	$111,369	$18,152	$129,521

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
2024	$732,565	$667,270	No data	$65,295
2023	$810,496	$803,477	$435,569	$7,019
2022	$819,539	$787,992	$434,327	$31,547
2021	$545,956	$706,631	$388,349	$-160,675
2020	$861,417	$746,867	$550,075	$114,550
2019	$743,636	$758,337	$432,315	$-14,701
2018	$762,463	$769,923	$444,513	$-7,460

NORTHEAST EQUIPMENT DEALERS ASSOCIATION INC