MH NEWTON FAMILY LIFE ENRICHMENT CENTER (EIN 571085186) - 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

2002

Legal Domicile

Principal Officer

ERIC AVERY

Phone

8039349527

Tax Period

2023-01-01 to 2023-12-31

MH NEWTON FAMILY LIFE ENRICHMENT CENTER, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $972K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $888K left a modest 9% surplus.

Mission

TO PROVIDE COMMUNITY SOCIAL SERVICE RECREATIONAL ACTIVITIES AND AFTER-SCHOOL EDUCATIONAL PROGRAMS FOR STUDENTS.

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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 $37,858

Program Service Revenue $926,192

Investment Income $0

Other Revenue $8,201

TOTAL REVENUE $972,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $545,430

Fundraising Expenses $0

Program Expenses $744,407

Other Expenses $342,133

TOTAL EXPENSES $887,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$972,251	$682,783	+0.4%
Expenses	$887,563	$473,727	+0.9%
Net Income	$84,688	$209,056	-0.6%

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

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
ERIC AVERY	CHAIR	N/A	Officer Director	$0	$0	$0
TEMISHA BUDDEN	BOARD	N/A	Officer Director	$0	$0	$0
BARNEY GADSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
LLOYD GOODINE	BOARD	N/A	Officer Director	$0	$0	$0
ROBERT JONES	BOARD	N/A	Officer Director	$0	$0	$0
DIANA PRINGLE	BOARD	N/A	Officer Director	$0	$0	$0
NELSON SUMMERS	BOARD	N/A	Officer Director	$0	$0	$0
RICKEY SIMMONS	VICE CHAIR	N/A		$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	$972,251	$887,563	$1,192,300	$84,688
2022	$1,072,089	$750,142	$1,105,376	$321,947
2021	$682,783	$473,727	$779,951	$209,056
2020	$603,127	$429,072	$587,994	$174,055
2019	$534,797	$534,562	$360,539	$235
2018	$225,747	$412,825	$362,662	$-187,078

MH NEWTON FAMILY LIFE ENRICHMENT CENTER