New England Water Environment Association Inc (EIN 046054668) - 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

1929

Legal Domicile

Principal Officer

Mary Barry

Phone

7819390908

Tax Period

2024-10-01 to 2025-09-30

New England Water Environment Association Inc, founded in 1929, is a community nonprofit in the Environment sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 7% surplus.

Mission

TO ADVANCE THE KNOWLEDGE OF DESIGN, CONSTRUCTION,OPERATION AND MANAGEMENT OF WASTE TREATMENT & OTHER WATER POLLUTION CONTROL ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $250,139

Program Service Revenue $1,317,945

Investment Income $112,858

Other Revenue $3,914

TOTAL REVENUE $1,684,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $408,693

Fundraising Expenses $27,361

Program Expenses $1,171,044

Other Expenses $1,156,163

TOTAL EXPENSES $1,564,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,684,856	N/A	N/A
Expenses	$1,564,856	N/A	N/A
Net Income	$120,000	N/A	N/A

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

$141,461

Total Directors

$141,461

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW FORMICA	PRESIDENT	6.00	Officer Director	$0	$0	$0
Raymond Willis III	PRESIDENT ELECT	4.00	Officer Director	$0	$0	$0
JAMES BARSANTI	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
GERALD POTAMIS	SECRETARY	4.00	Officer Director	$0	$0	$0
FRANK OCCHIPINTI	TREASURER	2.00	Officer Director	$0	$0	$0
BRADLEY MOORE	PAST PRESIDENT	2.00	Director	$0	$0	$0
MARY BARRY	EXECUTIVE DIRECTOR	38.00	Officer Director	$141,461	$0	$141,461
MICHAEL WILSON	WEF DELEGATE	2.00	Director	$0	$0	$0
DANIEL BISSON	WEF DELEGATE	2.00	Director	$0	$0	$0
SUSAN SULLIVAN	WEF DELEGATE	2.00	Director	$0	$0	$0
JENNIFER LACHMAYR	COMMUNICATION COUNCIL DIRECTOR	2.00	Director	$0	$0	$0
MARGARET TABACSKO	MEETING MANAGEMENT DIRECTOR	2.00	Director	$0	$0	$0
JERRY JAY SHEEHAN	DIRECTOR - CONNECTICUT	2.00	Director	$0	$0	$0
PETER GOODWIN	DIRECTOR- MAINE	2.00	Director	$0	$0	$0
MICHAEL MOREAU	DIRECTOR- MASSACHUSETTS	2.00	Director	$0	$0	$0
FREDERICK MCNEIL	DIRECTOR- NEW HAMPSHIRE	2.00	Director	$0	$0	$0
MICHAEL SPRING	DIRECTOR- RHODE ISLAND	2.00	Director	$0	$0	$0
NATHAN LAVALLEE	DIRECTOR - VERMONT	2.00	Director	$0	$0	$0
VIRGIL LLYOLD	COUNCIL DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN KUNAY	OUTREACH DIRECTOR	2.00	Director	$0	$0	$0
PRISCILLA BLOOMFIELD	COUNCIL DIRECTOR	2.00	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	$1,684,856	$1,564,856	$798,435	$120,000
2024	$1,560,294	$1,416,259	$639,650	$144,035
2023	$1,565,294	$1,416,259	$644,650	$149,035
2022	$898,005	$1,371,283	$518,194	$-473,278
2021	$783,430	$744,550	$954,855	$38,880
2019	$1,159,978	$1,203,848	$922,072	$-43,870
2018	$1,181,968	$1,146,620	$1,028,722	$35,348

New England Water Environment Association Inc