Technology Association of New England (EIN 237399637) - 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

1975

Legal Domicile

Principal Officer

Suzanne Reed

Phone

2076715437

Tax Period

2023-11-01 to 2024-10-31

Technology Association of New England, founded in 1975, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

The Association (TANE) is dedicated to being an educational platform for the regional membership. The objective is to bring the members together to collaborate on regulatory, legislative, operational, and technical challenges that face the rural broadband and telecommunications 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $235,263

Investment Income $13,311

Other Revenue $0

TOTAL REVENUE $248,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,085

Fundraising Expenses $0

Other Expenses $194,987

TOTAL EXPENSES $246,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$248,574	$201,116	+0.2%
Expenses	$246,072	$199,751	+0.2%
Net Income	$2,502	$1,365	+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

Employees

N/A

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

$39,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Suzanne Reed	President	5.00	Officer Director	$0	$0	$0
Mark DePerrior	Treasurer	5.00	Officer Director	$0	$0	$0
Pamela Holley	Secretary	2.00	Officer Director	$0	$0	$0
Scott Brooks	Board Member	2.00	Director	$0	$0	$0
Kimberly Gates	Board Member	2.00	Director	$0	$0	$0
Maureen Hopkins	Board Member	2.00	Director	$0	$0	$0
April Metivier	Board Member	5.00	Director	$0	$0	$0
Roger Nishi	Board Member	5.00	Director	$0	$0	$0
Christian Rand	Board Member	2.00	Director	$0	$0	$0
Susan Rand-King	Board Member	5.00	Director	$0	$0	$0
Michael Reed	Executive Vice President	25.00	Officer	$39,600	$0	$39,600

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	$248,574	$246,072	$356,471	$2,502
2023	$201,116	$199,751	$302,844	$1,365
2019	$228,531	$232,773	$302,306	$-4,242

Technology Association of New England