MIDDLEWOODS OF NEWINGTON INC (EIN 743080603) - 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

1968

Legal Domicile

Principal Officer

LORI PISANI

Phone

2039448285

Tax Period

2023-10-01 to 2024-09-30

MIDDLEWOODS OF NEWINGTON INC, founded in 1968, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE ASSISTED LIVING AND WELLNESS PROGRAMS TO SENIOR ADULTS.

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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 $0

Program Service Revenue $2,643,844

Investment Income $1,923

Other Revenue $0

TOTAL REVENUE $2,645,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,471,284

Fundraising Expenses $0

Program Expenses $2,578,807

Other Expenses $1,683,900

TOTAL EXPENSES $3,155,184

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,645,767	$2,944,331	-0.1%
Expenses	$3,155,184	$3,194,200	0.0%
Net Income	$-509,417	$-249,869	+1.0%

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

N/A

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

$992,763

Total Directors

$992,763

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID M LAWLOR	PRESIDENT/CHAIRMAN	1.00	Officer Director	$0	$32,280	$573,846
ZVONIMIR JUKIC	DIRECTOR/TREASURER	1.00	Officer Director	$0	$13,206	$218,413
VICTORIA DOMPIERRE	DIRECTOR/SECRETARY	0.50	Officer Director	$0	$3,167	$68,776
LORI PISANI	DIRECTOR/EXECUTIVE DIRECTOR	40.00	Officer Director	$113,424	$18,304	$131,728

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	$2,645,767	$3,155,184	$5,214,221	$-509,417
2023	$2,944,331	$3,194,200	$5,613,966	$-249,869
2022	$3,069,865	$3,141,946	$6,121,309	$-72,081
2021	$3,083,913	$3,256,171	$6,037,595	$-172,258
2020	$2,434,040	$3,047,439	$5,680,544	$-613,399
2019	$2,836,582	$4,964,010	$6,512,615	$-2,127,428
2018	$2,745,897	$2,679,201	$5,719,283	$66,696

MIDDLEWOODS OF NEWINGTON INC