NEW LONDON SENIORS HOUSING INC (EIN 510187579) - 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

1976

Legal Domicile

Principal Officer

AMANDA BROWNING

Phone

5732216485

Tax Period

2024-01-01 to 2024-12-31

NEW LONDON SENIORS HOUSING INC, founded in 1976, is a micro nonprofit that reported $91K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 29% operating margin.

Mission

TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND FOR THAT PURPOSE TO ACQUIRE, CONSTRUCT, PROVIDE AND OPERATE RENTAL HOUSING TO ELIGIBLE OCCUPANTS AS DETERMINED BY FARMERS HOME ADMINISTRATION REGULATIONS.

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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 $0

Program Service Revenue $61,145

Investment Income $38

Other Revenue $30,264

TOTAL REVENUE $91,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,146

Fundraising Expenses $0

Program Expenses $56,431

Other Expenses $51,913

TOTAL EXPENSES $65,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,447	$60,610	+0.5%
Expenses	$65,059	$59,610	+0.1%
Net Income	$26,388	$1,000	+25.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANIE WHITE	PRESIDENT	1.00	Officer Director	$0	$0	$0
WAYNE LAKE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMANDA BROWNING	SECY/TREASURER	10.00	Officer Director	$0	$0	$0
DAVID BRISCOE	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI MEANS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARILYN POWELL	BOARD MEMBER	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	$91,447	$65,059	$149,639	$26,388
2023	$60,610	$59,610	$126,615	$1,000
2022	$58,753	$62,565	$129,078	$-3,812
2021	$61,426	$59,087	$136,470	$2,339
2020	$58,617	$59,916	$136,705	$-1,299
2019	$56,966	$58,716	$141,723	$-1,750
2018	$59,779	$58,229	$146,599	$1,550

NEW LONDON SENIORS HOUSING INC