NECMA FOUNDATION (EIN 274296228) - 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

NEAL VOHR

Phone

7742390872

Tax Period

2023-11-01 to 2024-10-31

NECMA FOUNDATION, founded in 2010, is a micro nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 47% operating margin.

Mission

TO SOLICIT AND ACCEPT CONTRIBUTIONS TO THE CORPORATION, PRIMARILY THROUGH AN ANNUAL GOLF TOURNAMENT, IN ORDER TO FOSTER INTELLECTUAL EXCELLENCE IN THE FIELD OF CLUB MANAGEMENT BY SECURING FUNDS FROM CONTRIBUTIONS TO BE USED FOR EDUCATIONAL PURPOSES AND ASSIST STUDENTS, BY WAY OF PROVIDING SCHOLARSHIP GRANTS, SEEKING AN EDUCATION IN THE HOSPITALITY PROFESSION. THE CORPORATION'S CHARITABLE AND EDUCATIONAL PURPOSES ARE TO PROVIDE EDUCATIONAL AND TRAINING OPPORTUNITIES FOR CLUB MANAGERS AND STUDENTS ENGAGED AND EMPLOYED IN THE PRIVATE CLUB AND HOSPITALITY INDUSTRY IN THE COMMONWEALTH OF MASSACHUSETTS AND THE STATES OF MAINE, NEW HAMPSHIRE, RHODE ISLAND AND VERMONT.

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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 $26,492

Program Service Revenue $0

Investment Income $49,398

Other Revenue $23,876

TOTAL REVENUE $99,766

Expense Breakdown

Grants Paid $28,740

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,381

Other Expenses $23,641

TOTAL EXPENSES $52,381

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,766	$60,239	+0.7%
Expenses	$52,381	$72,148	-0.3%
Net Income	$47,385	$-11,909	-5.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEAL VOHR	PRESIDENT	10.00	Officer Director	$0	$0	$0
JASON SILBOVITZ	TREASURER	10.00	Officer Director	$0	$0	$0
ERIN GLOVER	SECRETARY	5.00	Officer Director	$0	$0	$0
CHRIS BARRON	DIRECTOR	5.00	Director	$0	$0	$0
CHARLES GRANDON	DIRECTOR	5.00	Director	$0	$0	$0
NICOLE GULLA	DIRECTOR	5.00	Director	$0	$0	$0
JEFF ISBELL	DIRECTOR	5.00	Director	$0	$0	$0
STEPHEN KOHR	DIRECTOR	5.00	Director	$0	$0	$0
JASON NILL	DIRECTOR	5.00	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
2024	$99,766	$52,381	$842,450	$47,385
2023	$60,239	$72,148	$690,003	$-11,909
2022	$85,774	$41,924	$698,515	$43,850
2021	$124,575	$41,352	$733,988	$83,223
2020	$-16,243	$43,871	$597,462	$-60,114
2018	$68,440	$48,707	$548,248	$19,733

NECMA FOUNDATION