THREE SQUARES NEW ENGLAND 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

2014

Legal Domicile

Principal Officer

RON JOSEPH

Phone

6174704123

Tax Period

2024-01-01 to 2024-12-31

THREE SQUARES NEW ENGLAND INC, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $637K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PARTNER WITH HUNGER-RELIEF ORGANIZATIONS TO RAISE CRITICAL FUNDS TO FIGHT HUNGER IN EASTERN MASSACHUSETTS.

Program Service Accomplishments

Program 1

Expenses: $590,873 Revenue: $637,256

THE ORGANIZATION HOLD AN ANNUAL BIKE RIDE EVENT KNOWN AS THE "RIDE FOR FOOD", TO RAISE HUNGER AWARENESS AND SUPPORT INITIATIVES. PROCEEDS FROM THE ANNUAL EVENTS ARE DISTRIBUTED TO LOCAL NON-PROFIT...

THE ORGANIZATION HOLD AN ANNUAL BIKE RIDE EVENT KNOWN AS THE "RIDE FOR FOOD", TO RAISE HUNGER AWARENESS AND SUPPORT INITIATIVES. PROCEEDS FROM THE ANNUAL EVENTS ARE DISTRIBUTED TO LOCAL NON-PROFIT ORGANIZATIONS THAT PROVIDE ASSISTANCE TO THOSE IN NEED.

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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 $635,446

Program Service Revenue $0

Investment Income $1,810

Other Revenue $0

TOTAL REVENUE $637,256

Expense Breakdown

Grants Paid $413,941

Salaries & Benefits $151,505

Fundraising Expenses $41,412

Program Expenses $590,873

Other Expenses $87,487

TOTAL EXPENSES $652,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$637,256	$574,681	+0.1%
Expenses	$652,933	$569,097	+0.1%
Net Income	$-15,677	$5,584	-3.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIA ROBINSON	PRESIDENT	15.00	Officer Director	$0	$0	$0
RON JOSEPH	TREASURER	1.00	Officer Director	$0	$0	$0
LIZ HARRINGTON	CLERK	1.00	Director	$0	$0	$0
BERNICE BEHAR	DIRECTOR	1.00	Director	$0	$0	$0
MIKE EVANGELISTA	DIRECTOR	1.00	Director	$0	$0	$0
RAGHU KRISHNAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX SHUMWAY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE REMY	DIRECTOR	1.00	Director	$0	$0	$0
SETA NERSESSIAN	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER LONDON	DIRECTOR	1.00	Director	$0	$0	$0
SHIRIN BARADARAN	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY JUNDANIAN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN JOHNSON	DIRECTOR	1.00	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	$637,256	$652,933	$194,428	$-15,677
2023	$574,681	$569,097	$245,869	$5,584
2022	$602,693	$582,469	$224,837	$20,224
2021	$642,501	$653,732	$244,066	$-11,231
2020	$665,803	$607,571	$205,871	$58,232
2019	$563,676	$555,315	$158,506	$8,361
2018	$603,979	$603,642	$126,774	$337