Newport Bickford Inc (EIN 061427346) - 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

1994

Legal Domicile

Principal Officer

Louis Galli

Phone

8606234351

Tax Period

2023-01-01 to 2023-12-31

Newport Bickford Inc, founded in 1994, is a community nonprofit in the Health Care sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $5.2M exceeded revenue, resulting in a 17% operating deficit.

Mission

Provide long term skilled nursing care in a 48 bed facility.

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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 $0

Program Service Revenue $3,142,867

Investment Income $23,995

Other Revenue $1,259,122

TOTAL REVENUE $4,425,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,041,284

Fundraising Expenses $0

Program Expenses $4,824,099

Other Expenses $2,137,988

TOTAL EXPENSES $5,179,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,425,984	$3,405,740	+0.3%
Expenses	$5,179,272	$4,459,730	+0.2%
Net Income	$-753,288	$-1,053,990	-0.3%

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

128

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

$97,700

Total Directors

$193,513

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Louis Galli	President/Director	025.00	Officer Director	$97,700	$0	$97,700
Kyle Moseley	Director	040.00	Director	$56,382	$0	$56,382
Peter Kolosky	Director	040.00	Director	$29,166	$0	$29,166
Elaine Madden	Director	040.00	Director	$10,265	$0	$10,265

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
2023	$4,425,984	$5,179,272	$2,541,003	$-753,288
2022	$3,405,740	$4,459,730	$2,899,025	$-1,053,990
2021	$4,410,718	$3,602,610	$3,119,463	$808,108
2020	$3,939,013	$3,840,401	$2,889,325	$98,612
2019	$4,099,808	$4,142,457	$2,581,846	$-42,649
2018	$4,126,872	$4,127,130	$2,710,370	$-258

Newport Bickford Inc