Good Neighbors Inc

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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

2021

Legal Domicile

Principal Officer

Heather Brooke

Phone

7273141373

Tax Period

2023-01-01 to 2023-12-31

Good Neighbors Inc, founded in 2021, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $11.7M in total revenue in fiscal year 2023. Revenue surged 272% from the prior year, signaling strong growth momentum.

Mission

Good Neighbors helps connect food with individuals in need to help eliminate food insecurity.

Program Service Accomplishments

Program 1

Expenses: $11,530,836 Revenue: $0

In 2023, we expanded our reach, and are now serving food insecure individuals in Manatee and Sarasota County, making Good Neighbors a key source of supplemental food for residents of 7 Florida...

In 2023, we expanded our reach, and are now serving food insecure individuals in Manatee and Sarasota County, making Good Neighbors a key source of supplemental food for residents of 7 Florida counties. We also increased the communities served by one third over 2022, expanded the number of partner agencies, and increased our incoming food donations by nearly 50%. Our Good Neighbors NY chapter was a particular bright star, and is now serving over 25,000 food insecure individuals in Broome County, over 50% of Broome Countys food insecure population.

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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 $11,701,481

Program Service Revenue $0

Investment Income $164

Other Revenue $0

TOTAL REVENUE $11,701,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,708

Program Expenses $11,530,836

Other Expenses $11,564,742

TOTAL EXPENSES $11,564,742

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,701,645	$3,144,746	+2.7%
Expenses	$11,564,742	$3,108,513	+2.7%
Net Income	$136,903	$36,233	+2.8%

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

100

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
Ryan Mitchell	Board Member	3.00	Director	$0	$0	$0
Joe Demos	Board Member	3.00	Director	$0	$0	$0
Heather Brooke	President	80.00	Officer Director	$0	$0	$0
Mike Cromwell	Treasurer	3.00	Officer Director	$0	$0	$0
Mara Bonnewell	Secretary	3.00	Officer 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	No data	No data	No data	No data
2023	$11,701,645	$11,564,742	$250,138	$136,903
2022	$3,144,746	$3,108,513	$106,559	$36,233
2021	$2,058,986	$22,036	$8,863	$2,036,950