NEW ENGLAND CLASSIC CHARITY BIKE TOUR INC (EIN 871108618) - 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

Principal Officer

JAMES IANNONE

Phone

7814221935

Tax Period

2024-10-01 to 2025-09-30

NEW ENGLAND CLASSIC CHARITY BIKE TOUR INC, founded in 2021, is a small nonprofit that reported $177K in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE NEC BIKE TOUR IS TO RAISE FUNDS ON BEHALF OF OTHER IRS QUALIFIED SECTION 501(C)3 NON-PROFIT ORGANIZATIONS, WHOSE MISSIONS SUPPORT RESEARCH, EDUCATION, AND AWARENESS AIMED AT CURING AND TREATING CHRONIC DISEASES, SUCH AS DIABETES, THAT AFFECT A SIGNIFICANT PORTION OF THE UNITED STATES POPULATION.

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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 $172,517

Program Service Revenue $4,800

Investment Income $0

Other Revenue $0

TOTAL REVENUE $177,317

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $1,252

Program Expenses $168,011

Other Expenses $76,732

TOTAL EXPENSES $176,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$177,317	$171,326	+0.0%
Expenses	$176,732	$170,762	+0.0%
Net Income	$585	$564	+0.0%

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

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
MARC BASKIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE CAVANAUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG CONMY	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY LIU	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD SCHWARTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE TOPALIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES IANNONE	PRESIDENT	5.00	Officer	$0	$0	$0
FAITH LINSKY	VICE PRESIDE	5.00	Officer	$0	$0	$0
KAREN SHARLAND	TREASURER	5.00	Officer	$0	$0	$0
TRACEY L THOMPSON	CLERK	5.00	Officer	$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	$177,317	$176,732	$49,439	$585
2024	$171,326	$170,762	$74,153	$564
2023	$167,967	$167,324	$63,489	$643
2022	$219,093	$172,647	$46,446	$46,446

NEW ENGLAND CLASSIC CHARITY BIKE TOUR INC