Newport Health Property Management (EIN 222535539) - 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

Marcia Neiberg

Phone

4018466400

Tax Period

2023-10-01 to 2024-09-30

Newport Health Property Management, founded in 1983, is a small nonprofit that reported $394K in total revenue in fiscal year 2023. Expenses of $483K exceeded revenue, resulting in a 22% operating deficit.

Mission

Newport Health Property Management (NHPM) is operated for the purpose of supporting and encouraging the development of comprehensive, integrated health-care related services for the advancement and well-being of Newport County, Rhode Island.

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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 $389,097

Investment Income $5,402

Other Revenue $0

TOTAL REVENUE $394,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $482,967

Other Expenses $482,967

TOTAL EXPENSES $482,967

Year-over-Year Comparison

	2023	2022	Change
Revenue	$394,499	$382,454	+0.0%
Expenses	$482,967	$431,281	+0.1%
Net Income	$-88,468	$-48,827	+0.8%

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

N/A

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

$4,185,467

Total Directors

$5,429,019

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Fernandez	Trustee	0.10	Director	$0	$307,376	$2,456,122
Peter K Markell	EVP & CFO	0.10	Officer	$0	$18,928	$1,212,570
Paul J Adler	Secretary	0.25	Officer Director	$0	$151,085	$1,077,941
Eva Greenwood	Treasurer	0.05	Officer Director	$0	$87,891	$737,076
Nicholas P Dominick	President-6/24	0.10	Officer Director	$0	$99,888	$623,122
Marcia Neiberg	President	0.50	Officer Director	$0	$104,276	$534,758

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	$394,499	$482,967	$3,420,438	$-88,468
2023	$382,454	$431,281	$3,457,475	$-48,827
2022	$375,691	$474,245	$3,442,165	$-98,554
2021	$388,051	$531,591	$3,567,374	$-143,540
2020	$411,626	$514,600	$3,706,147	$-102,974
2019	$418,523	$546,873	$3,789,962	$-128,350
2018	$513,193	$646,418	$3,078,269	$-133,225

Newport Health Property Management