Meals-on-Wheels of New Rochelle Inc (EIN 133186919) - 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

1983

Legal Domicile

Principal Officer

Frances Stachnik

Phone

9145763865

Tax Period

2023-01-01 to 2023-12-31

Meals-on-Wheels of New Rochelle Inc, founded in 1983, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $354K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 35% operating margin.

Mission

To deliver attractive, palatable, nourishing hot and cold meals to elderly persons,and others,who are homebound and unable to prepare or obtain adequate meals for themselves thereby enabling these men and women to live safely and independently in their own homes for as long as possible

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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 $310,854

Program Service Revenue $19,321

Investment Income $8,191

Other Revenue $15,144

TOTAL REVENUE $353,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,081

Fundraising Expenses $20,730

Program Expenses $187,416

Other Expenses $123,180

TOTAL EXPENSES $230,261

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,510	$188,119	+0.9%
Expenses	$230,261	$205,136	+0.1%
Net Income	$123,249	$-17,017	-8.2%

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

110

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
Michael Altamirano	Director	1.00	Director	$0	$0	$0
Frank Bernabei	Director	1.00	Director	$0	$0	$0
Katkleen Mazzillo	Director	1.00	Director	$0	$0	$0
Claudette Coote	Director	1.00	Director	$0	$0	$0
Marc Genovese	Director	1.00	Director	$0	$0	$0
Randye Friedrichs	Director	1.00	Director	$0	$0	$0
Deacon Hyacinth Lee	Director	1.00	Director	$0	$0	$0
Rosalie LoBianco	Director	1.00	Director	$0	$0	$0
Maureen Pallotta	Director	1.00	Director	$0	$0	$0
Martha P Reddington	Director	1.00	Director	$0	$0	$0
Jacqueline Reid	Director	1.00	Director	$0	$0	$0
Sharon Prince Yearwood	Director	1.00	Director	$0	$0	$0
Frances Stachnik	President	5.00	Officer	$0	$0	$0
Roberta Ziegel	Vice President	3.00	Officer	$0	$0	$0
AnnMarie Amazan-Johnson	Treasurer	3.00	Officer	$0	$0	$0
Carney Burns	Recording Secretary	3.00	Officer	$0	$0	$0
Zelma Henriques	Corresponding Secretary	3.00	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
2024	No data	No data	No data	No data
2023	$353,510	$230,261	$539,066	$123,249
2022	$188,119	$205,136	$404,355	$-17,017
2021	$198,102	$200,295	$420,264	$-2,193
2020	$230,972	$164,064	$408,298	$66,908

Meals-on-Wheels of New Rochelle Inc