NORTHEAST RESEARCH AND EDUCATION NETWORK INC (EIN 550873345) - 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

2004

Legal Domicile

Principal Officer

RYAN KOCSONDY

Phone

4018860887

Tax Period

2024-07-01 to 2025-06-30

NORTHEAST RESEARCH AND EDUCATION NETWORK INC, founded in 2004, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 4% surplus.

Mission

THE ORGANIZATION CONNECTS STATE EDUCATIONAL NETWORKS ACROSS THE NORTHEAST, INCLUDING NEW YORK, CONNECTICUT, RHODE ISLAND, MASSACHUSETTS, VERMONT, MAINE, AND NEW HAMPSHIRE.

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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 $2,282,083

Investment Income $1,792

Other Revenue $0

TOTAL REVENUE $2,283,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,017,989

Other Expenses $2,191,189

TOTAL EXPENSES $2,191,189

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,283,875	$1,413,104	+0.6%
Expenses	$2,191,189	$1,546,928	+0.4%
Net Income	$92,686	$-133,824	-1.7%

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

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 KOCSONDY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DAVID MARBLE	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTOPHER MISRA	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN BARDEN	DIRECTOR	1.25	Director	$0	$0	$0
JOHN GOODHUE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL M MUNDRANE	DIRECTOR	1.25	Director	$0	$0	$0
THOMAS NUDD	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES VON LICHTENBERG	DIRECTOR	1.00	Director	$0	$0	$0
DARCY PIENTKA	DIRECTOR	1.25	Director	$0	$0	$0
KELLIE B CAMPBELL	DIRECTOR	1.25	Director	$0	$0	$0
FELIX WINDT	DIRECTOR	1.25	Director	$0	$0	$0
GABRIELE FARIELLO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PLACIDO	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
2025	$2,283,875	$2,191,189	$1,864,482	$92,686
2024	$1,413,104	$1,546,928	$1,985,616	$-133,824
2023	$1,047,657	$1,183,015	$1,986,368	$-135,358
2022	$954,358	$1,020,150	$2,293,402	$-65,792
2021	$924,465	$974,003	$2,558,248	$-49,538
2020	$997,623	$985,023	$2,839,125	$12,600
2019	$911,834	$973,631	$2,984,234	$-61,797

NORTHEAST RESEARCH AND EDUCATION NETWORK INC