NEW ENGLAND LAB RESCUE INC (EIN 273867700) - 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

2010

Legal Domicile

Principal Officer

HEATHER LABBE

Phone

2076153126

Tax Period

2024-01-01 to 2024-12-31

NEW ENGLAND LAB RESCUE INC, founded in 2010, is a small nonprofit in the Animal-Related sector that reported $252K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

TO CARRY OUT RESCUE EFFORTS OF THE LABRADOR RETRIEVER AND LABRADOR RETRIEVER DOG PARENTAGE. TO PROMOTE ANIMAL WELFARE AND PREVENT CRUELTY TO ANIMALS. TO EDUCATE THE PUBLIC OF ISSUES FACING ANIMALS TO

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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 $252,315

Investment Income $6

Other Revenue $0

TOTAL REVENUE $252,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,988

Fundraising Expenses $0

Other Expenses $242,232

TOTAL EXPENSES $256,220

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,321	$280,688	-0.1%
Expenses	$256,220	$275,786	-0.1%
Net Income	$-3,899	$4,902	-1.8%

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

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

$12,994

Total Directors

$9,996

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER LABBE	EXECUTIVE DIRECTOR	70.00	Officer	$12,994	$0	$12,994
JENNIFER KASPER	SECRETARY	20.00	Officer	$0	$0	$0
GARY LABBE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEB NEWTON	VICE PRESIDENT	15.00	Officer	$0	$0	$0
DARCIE CURRAN	TREASURER	5.00	Officer	$0	$0	$0
LISA SAITZ	BOARD MEMBER	30.00	Director	$9,996	$0	$9,996

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	$252,321	$256,220	$157,527	$-3,899
2023	$280,688	$275,786	$177,746	$4,902
2022	$263,912	$222,273	$157,188	$41,639
2021	$278,132	$235,464	$118,308	$42,668
2020	$268,090	$230,390	$76,580	$37,700

NEW ENGLAND LAB RESCUE INC