Northeast Care Center Inc (EIN 341283492) - 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

1979

Legal Domicile

Principal Officer

Meggie Lanum

Phone

4405823300

Tax Period

2023-01-01 to 2023-12-31

Northeast Care Center Inc, founded in 1979, is a micro nonprofit in the Human Services sector that reported $41K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $145K exceeded revenue, resulting in a 251% operating deficit.

Mission

TO PROVIDE SAFE FACILITIES TO HOUSE AND ENABLE THE INTELLECTUALLY AND DEVELOPMENTALLY CHALLENGED

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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 $41,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $41,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $144,769

Other Expenses $144,769

TOTAL EXPENSES $144,769

Year-over-Year Comparison

	2023	2022	Change
Revenue	$41,200	$56,650	-0.3%
Expenses	$144,769	$190,871	-0.2%
Net Income	$-103,569	$-134,221	-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

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

$385,926

Total Directors

$3,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE MALAVE	CHIEF EXECUTIVE OFFICER	1.0	Officer	$0	$10,627	$175,429
DAVE LOUCKA	EXECUTIVE DIRECTOR	1.0	Officer	$0	$19,128	$112,879
MEGGIE LANUM	DIRECTOR OF FINANCE	1.0	Officer	$0	$18,363	$96,018
RON MARTIN	PRESIDENT	1.0	Officer Director	$0	$0	$800
HAL BOWERS	SECRETARY	1.0	Officer Director	$0	$0	$800
DAVID KAUFMAN	TRUSTEE	1.0	Director	$0	$0	$800
MARY PULTZ	TRUSTEE	1.0	Director	$0	$0	$800
Alison Braun	TRUSTEE	1.0	Director	$0	$0	$400

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	No data	No data	No data	No data
2023	$41,200	$144,769	$2,185,857	$-103,569
2022	$56,650	$190,871	$2,268,859	$-134,221
2021	$70,600	$184,936	$2,440,516	$-114,336
2020	$60,000	$173,876	$2,212,034	$-113,876
2019	$79,390	$144,177	$2,809,763	$-64,787
2018	$77,000	$144,177	$1,047,817	$-67,177

Northeast Care Center Inc