GOOD NEIGHBORS INC

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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

1990

Legal Domicile

Principal Officer

Sheila Palmer

Phone

4014330045

Tax Period

2025-01-01 to 2025-12-31

GOOD NEIGHBORS INC, founded in 1990, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $961K left a modest 12% surplus.

Mission

Helping the people of East Providence and neighboring communities bridge the gap between their needs and means by providing access to healthy food.

Program Service Accomplishments

Program 1

Expenses: $211,975 Revenue: $108,712

Distributions of food to the residents of East Providence and neighboring communities. The soup kitchen prepares and delivers hot meals to local residents. Over 28,000 hot meals were delivered to low...

Program 2

Expenses: $611,105 Revenue: $549,788

Distributions of food to the residents of East Providence, RI. The food pantry provided assistance to 1,567 unduplicated household visits to the food pantry which served over 5,100 unduplicated...

Distributions of food to the residents of East Providence, RI. The food pantry provided assistance to 1,567 unduplicated household visits to the food pantry which served over 5,100 unduplicated individuals.

Program 3

Expenses: $6,195 Revenue: $0

While our main focus is food, we also distributed approximately 10,000 pairs of socks, and hygiene products to our patrons partner organization, provided free laundry service, and provided...

While our main focus is food, we also distributed approximately 10,000 pairs of socks, and hygiene products to our patrons partner organization, provided free laundry service, and provided connections to complimentary services and information.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,070,013

Program Service Revenue $0

Investment Income $17,720

Other Revenue $0

TOTAL REVENUE $1,087,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $154,691

Fundraising Expenses $34,405

Program Expenses $829,275

Other Expenses $806,718

TOTAL EXPENSES $961,409

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,087,733	$829,385	+0.3%
Expenses	$961,409	$790,151	+0.2%
Net Income	$126,324	$39,234	+2.2%

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

132

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
Robin Covington	Director	2	Director	$0	$0	$0
Emily Gove	Director	2	Director	$0	$0	$0
Kristen Botelho Pires	Director	0.25	Director	$0	$0	$0
Sam Lovett	Director	0.25	Director	$0	$0	$0
Insa Wood	President	4	Officer	$0	$0	$0
Hugh Campbell	Vice-President	2	Officer	$0	$0	$0
Rebecca Book	Secretary	2	Officer	$0	$0	$0
Sheila Palmer	Treasurer	2	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
2025	$1,087,733	$961,409	$665,756	$126,324
2024	No data	No data	No data	No data
2023	$561,594	$663,966	$483,455	$-102,372
2022	$529,351	$398,954	$585,827	$130,397
2021	$556,233	$482,459	$463,830	$73,774
2020	$664,016	$558,708	$358,407	$105,308
2019	$308,222	$318,526	$226,491	$-10,304
2018	$290,833	$289,822	$212,184	$1,011