NEWCOURTLAND PROPERTIES (EIN 264194368) - 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

2009

Legal Domicile

Principal Officer

Joseph Duffey

Phone

2159514216

Tax Period

2022-07-01 to 2023-06-30

NEWCOURTLAND PROPERTIES, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $335K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. Expenses of $862K exceeded revenue, resulting in a 158% operating deficit.

Mission

Operates real estate occupied by a senior day, and operates housing for formerly homeless veterans.

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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 $0

Program Service Revenue $334,557

Investment Income $0

Other Revenue $0

TOTAL REVENUE $334,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,731

Fundraising Expenses $0

Program Expenses $861,884

Other Expenses $799,153

TOTAL EXPENSES $861,884

Year-over-Year Comparison

	2022	2021	Change
Revenue	$334,557	$371,364	-0.1%
Expenses	$861,884	$657,399	+0.3%
Net Income	$-527,327	$-286,035	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim McGrath	Chairman	1	Director	$0	$0	$0
Joseph Duffey	Member	1	Director	$0	$0	$0
Andrew Seibert	President	1	Director	$0	$0	$0
Mary Naylor	member	1	Director	$0	$0	$0
Steve Mullin	Member	1	Director	$0	$0	$0
Neil Pitts	member	1	Director	$0	$0	$0
Max Kent	Secretary	1	Director	$0	$0	$0
Michael DeMarco	Treasurer	1	Director	$0	$0	$0
Paul Funaro	Assistant Secretary	1	Director	$0	$0	$0
John Ungar	Assistant Secretary	1	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$334,557	$861,884	$15,515,852	$-527,327
2022	$371,364	$657,399	$13,245,988	$-286,035
2021	$339,008	$712,087	$11,106,272	$-373,079
2020	$235,440	$599,109	$10,770,077	$-363,669
2019	$132,625	$609,598	$10,400,628	$-476,973
2018	$115,609	$246,227	$9,771,490	$-130,618

NEWCOURTLAND PROPERTIES