Necrotizing Enterocolitis NEC Society (EIN 464426455) - 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

2014

Legal Domicile

Principal Officer

Jennifer Canvasser

Phone

5304488088

Tax Period

2024-01-01 to 2024-12-31

Necrotizing Enterocolitis NEC Society, founded in 2014, is a small nonprofit in the Mental Health sector that reported $403K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $928K represent 28 months of operating reserves.

Mission

The NEC Society is a Clinician-Family collaborative organization specifically focused on the understanding, prevention and treatment of necrotizing enterocolitis.

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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 $355,179

Program Service Revenue $3,874

Investment Income $44,230

Other Revenue $164

TOTAL REVENUE $403,447

Expense Breakdown

Grants Paid $38,200

Salaries & Benefits $254,343

Fundraising Expenses $52,864

Program Expenses $316,448

Other Expenses $120,188

TOTAL EXPENSES $412,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$403,447	$351,309	+0.1%
Expenses	$412,731	$399,939	+0.0%
Net Income	$-9,284	$-48,630	-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

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

$65,875

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Canvasser	Executive Director	40.00	Officer	$65,875	$0	$65,875
Martin Blakely	Director	1.00	Director	$0	$0	$0
Samir Gadepalli	Director	1.00	Director	$0	$0	$0
Noelle Sechrest	Director	1.00	Director	$0	$0	$0
Jenny Quinn	Director	1.00	Director	$0	$0	$0
Kari Gregerson	Director	1.00	Director	$0	$0	$0
Simone Rosito	Director	1.00	Director	$0	$0	$0
Nicola Juri	Director	1.00	Director	$0	$0	$0
Stephanie Ruidiaz	Director	1.00	Director	$0	$0	$0
Shannan Finegan	Director	1.00	Director	$0	$0	$0
Lori Dubbeldee	Director	1.00	Director	$0	$0	$0
Lisa Myers	Director	1.00	Director	$0	$0	$0
Tyler Vallano	Director	1.00	Director	$0	$0	$0
Berkley Luck	Director	1.00	Director	$0	$0	$0
Rebecca Meuninck	Chair	1.00	Officer Director	$0	$0	$0
Adam Masin	Vice-Chair	1.00	Officer Director	$0	$0	$0
Jolene Jacob	Secretary	1.00	Officer Director	$0	$0	$0
Lindsay Pollak	Treasurer	1.00	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
2025	No data	No data	No data	No data
2024	$403,447	$412,731	$972,008	$-9,284
2023	$351,309	$399,939	$955,432	$-48,630
2022	$651,593	$358,595	$1,004,702	$292,998
2021	$236,756	$239,036	$695,204	$-2,280
2020	$646,660	$137,477	$695,454	$509,183
2019	$251,457	$145,752	$186,621	$105,705

Necrotizing Enterocolitis NEC Society