NORTHEASTERN LUMBER MANUFACTURERS INSTITUTE (EIN 222512792) - 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

1984

Legal Domicile

Phone

2078296901

Tax Period

2024-01-01 to 2024-12-31

NORTHEASTERN LUMBER MANUFACTURERS INSTITUTE, founded in 1984, is a micro nonprofit in the Employment sector that reported $37K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $136K exceeded revenue, resulting in a 268% operating deficit.

Mission

TO PROVIDE EDUCATION PERTAINING TO THE LUMBER INDUSTRY TO THOSE WORKING IN THE INDUSTRY AND AS WELL TO THE GENERAL PUBLIC INTERESTED IN THE INDUSTRY.

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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 $0

Program Service Revenue $0

Investment Income $9,008

Other Revenue $27,800

TOTAL REVENUE $36,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,394

Other Expenses $135,607

TOTAL EXPENSES $135,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,808	$29,958	+0.2%
Expenses	$135,607	$35,217	+2.9%
Net Income	$-98,799	$-5,259	+17.8%

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

$192,115

Total Directors

$192,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF EASTERLING	EXECUTIVE DIRECTOR	0.00	Officer Director	$0	$6,096	$192,115
JEFF DESJARDINS	ACTING CHAIRMAN	1.00	Officer Director	$0	$0	$0
GEORGE BURNS	DIRECTOR	1.00	Director	$0	$0	$0
RANDY CARON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN COULOMBE	DIRECTOR	1.00	Director	$0	$0	$0
B MANNING	DIRECTOR	1.00	Director	$0	$0	$0
JAMES A ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH SMITH	DIRECTOR	1.00	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
2024	$36,808	$135,607	$547,688	$-98,799
2023	$29,958	$35,217	$586,987	$-5,259
2022	$127,632	$140,082	$592,246	$-12,450
2021	$27,683	$29,016	$604,696	$-1,333
2020	$29,508	$9,662	$606,029	$19,846
2019	$33,629	$16,051	$586,183	$17,578
2018	$28,683	$19,625	$571,605	$9,058

NORTHEASTERN LUMBER MANUFACTURERS INSTITUTE