Northeast Residence Inc (EIN 237309993) - 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

1973

Legal Domicile

Principal Officer

John Estrem

Phone

6517650217

Tax Period

2022-01-01 to 2022-12-31

Northeast Residence Inc, founded in 1973, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2022.

Mission

Supporting children and adults with developmental disabilities to live to their fullest potential.

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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 (2022)

Revenue Breakdown

Contributions & Grants $144,841

Program Service Revenue $9,232,726

Investment Income $271,199

Other Revenue $59,768

TOTAL REVENUE $9,708,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,512,502

Fundraising Expenses $1,524

Program Expenses $8,680,809

Other Expenses $2,319,953

TOTAL EXPENSES $9,832,455

Year-over-Year Comparison

	2022	2021	Change
Revenue	$9,708,534	$9,409,360	+0.0%
Expenses	$9,832,455	$9,563,981	+0.0%
Net Income	$-123,921	$-154,621	-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

242

Volunteers

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

$389,609

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Blaine Stephens	President	0.50	Officer Director	$0	$0	$0
Kevin Walli	Vice President	0.50	Officer Director	$0	$0	$0
Michael Drazan	Treasurer	0.50	Officer Director	$0	$0	$0
Michelle Olson	Secretary	0.50	Officer Director	$0	$0	$0
Robert Lockwood	Board Trustee	0.50	Director	$0	$0	$0
Laurie Moga	Board Trustee	0.50	Director	$0	$0	$0
John Estrem	CEO - Hammer Residences	10.00	Officer	$0	$8,326	$236,932
Kristin Pyka	CFO - Hammer Residences	10.00	Officer	$0	$16,387	$152,677
Lisa Heroff	Director of Finance	40.00	Highest	$124,436	$13,425	$137,861
Suzanne Ada	Lead DSP	97.10	Highest	$123,338	$0	$123,338
Olakunle David	Program Manager	83.10	Highest	$119,445	$0	$119,445
Melinda Curran	Chief of East Metro Operations	40.00	Highest	$103,783	$11,449	$115,232
Intenga Onchera	Program Manager	73.90	Highest	$103,914	$527	$104,441

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
2022	$9,708,534	$9,832,455	No data	$-123,921
2021	$9,409,360	$9,563,981	$10,561,990	$-154,621
2020	$10,120,146	$9,572,197	$10,873,997	$547,949
2019	$10,015,867	$9,937,844	$10,640,924	$78,023
2018	$10,193,340	$10,209,961	$10,698,234	$-16,621

Northeast Residence Inc