NEW ENGLAND FUEL INSTITUTE EDUCATION FOUNDATION INC (EIN 222560916) - 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

1985

Legal Domicile

Principal Officer

JAMES COLLURA

Phone

6179241000

Tax Period

2024-01-01 to 2024-12-31

NEW ENGLAND FUEL INSTITUTE EDUCATION FOUNDATION INC, founded in 1985, is a small nonprofit that reported $109K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $143K exceeded revenue, resulting in a 31% operating deficit.

Mission

TEACHING PUBLIC AND PRIVATE ORGANIZATIONS ABOUT THE OIL AND HEATING 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 $47,050

Investment Income $62,308

Other Revenue $0

TOTAL REVENUE $109,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $142,942

Other Expenses $142,942

TOTAL EXPENSES $142,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,358	$59,874	+0.8%
Expenses	$142,942	$88,835	+0.6%
Net Income	$-33,584	$-28,961	+0.2%

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

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

$190,612

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES TOWNSEND	IMMEDIATE PAST CHAIRPERSON	3.00	Officer Director	$0	$0	$0
CLAUDETTE TOWNSEND	VICE CHAIRPERSON/SECRETARY	3.00	Officer Director	$0	$0	$0
MARTY KIRSHNER	TREASURER	3.00	Officer Director	$0	$0	$0
KELLY TULLY	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN COAN	DIRECTOR	1.00	Director	$0	$0	$0
DIANE QUESNELLE	EDUCATION CHAIR	3.00	Officer Director	$0	$0	$0
ROB FAWCETT	DIRECTOR	1.00	Director	$0	$0	$0
JIM COLLURA	PRESIDENT & CEO	40.00	Officer	$0	$0	$190,612

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	$109,358	$142,942	$1,453,971	$-33,584
2023	$59,874	$88,835	$1,420,671	$-28,961
2022	$74,110	$257,973	$1,390,702	$-183,863
2021	$242,700	$309,410	$1,828,899	$-66,710
2020	$247,062	$340,669	$1,914,201	$-93,607
2019	$208,880	$428,316	$1,989,882	$-219,436
2018	$71,618	$167,434	$1,968,896	$-95,816

NEW ENGLAND FUEL INSTITUTE EDUCATION FOUNDATION INC