TRANSFORMATIVE HEALTHCARE FOUNDATION OF NORTHERN NEW ENGLAND (EIN 851503799) - 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

2021

Legal Domicile

Principal Officer

JUSTIN VAN ETTEN

Phone

6032796192

Tax Period

2022-06-01 to 2023-05-31

TRANSFORMATIVE HEALTHCARE FOUNDATION OF NORTHERN NEW ENGLAND, founded in 2021, is a micro nonprofit that reported $1K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $101K exceeded revenue, resulting in a 7007% operating deficit.

Mission

TO ASSIST WITH SOCIAL HEALTH CARE AND OTHER INDIVIDUAL FAMILY SERVICES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,400

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $1,420

Expense Breakdown

Grants Paid $92,323

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,323

Other Expenses $8,596

TOTAL EXPENSES $100,919

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,420	$42,211	-1.0%
Expenses	$100,919	$46,989	+1.1%
Net Income	$-99,499	$-4,778	+19.8%

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

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
JUSTIN VAN ETTEN	DIRECTOR	5.00	Director	$0	$0	$0
CHARLES LELON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS LAVIN	DIRECTOR	1.00	Director	$0	$0	$0
STACY MEIER	DIRECTOR	1.00	Director	$0	$0	$0
MARC BARD	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
2023	$1,420	$100,919	No data	$-99,499
2022	$42,211	$46,989	$99,499	$-4,778
2021	$160,604	$56,327	$104,277	$104,277

TRANSFORMATIVE HEALTHCARE FOUNDATION OF NORTHERN NEW ENGLAND