2LIFE OPUS NEWTON INC

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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

2022

Legal Domicile

Principal Officer

BENJAMIN MAHNKE

Phone

6179128400

Tax Period

2023-01-01 to 2023-12-31

2LIFE OPUS NEWTON INC, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $114K in total revenue in fiscal year 2023. Revenue surged 1032% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 51% operating margin.

Mission

2LIFE OPUS NEWTON INC DEVELOPS, OWNS AND OPERATES ELDERLY HOUSING TO QUALIFIED PERSONS IN NEWTON, MASSACHUSETTS, AND WILL PROVIDE A BROAD RANGE OF SOCIAL AND SUPPORTIVE SERVICES WITHIN SUCH HOUSING FACILITY. THE 2LIFE OPUS NEWTON INC WILL OPERATE A MODERATE-INCOME SENIOR LIVING FACILITY EXCLUSIVELY FOR RESIDENTS 62 YEARS OF AGE AND OLDER LOCATED IN NEWTON, MASSACHUSETTS.

Program Service Accomplishments

Program 1

Expenses: $55,499 Revenue: $28,826

THE FACILITY WILL CONSIST OF INDEPENDENT LIVING APARTMENTS WITH SUPPORTIVE AND SOCIAL SERVICES, INCLUDING FITNESS AND WELLNESS OFFERINGS, SPIRITUAL PROGRAMMING, A SOCIAL DAY PROGRAM, ACCESS TO...

THE FACILITY WILL CONSIST OF INDEPENDENT LIVING APARTMENTS WITH SUPPORTIVE AND SOCIAL SERVICES, INCLUDING FITNESS AND WELLNESS OFFERINGS, SPIRITUAL PROGRAMMING, A SOCIAL DAY PROGRAM, ACCESS TO TRANSPORTATION COORDINATION ASSISTANCE, ON-SITE CARE NAVIGATION FOR RESIDENTS NEEDING SUPPORTIVE SERVICES, ON-SITE WELLNESS CENTER WITH SERVICES AVAILABLE FROM THIRD PARTY CARE PARTNERS, LONG-TERM SUPPORTS (INCLUDING PERSONAL CARE AND HOME HEALTH CARE) ON A FEE FOR SERVICE BASIS, ON-SITE SOCIAL ENGAGEMENT PROGRAM WITH SPECIALIZED ACTIVITIES FOR RESIDENTS WITH MEMORY LOSS OR PHYSICAL IMPAIRMENT, AND MANY VOLUNTEER OPPORTUNITIES FOR RESIDENTS.

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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 $0

Investment Income $84,677

Other Revenue $28,826

TOTAL REVENUE $113,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,499

Other Expenses $55,499

TOTAL EXPENSES $55,499

Year-over-Year Comparison

	2023	2022	Change
Revenue	$113,503	$10,030	+10.3%
Expenses	$55,499	N/A	N/A
Net Income	$58,004	$10,030	+4.8%

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

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

$813,938

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT GIFFORD	DIRECTOR	1.00	Director	$0	$0	$0
ADAM SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SACKS	CHAIR/DIRECTOR	1.00	Officer Director	$0	$0	$0
AMY SCHECTMAN	PRESIDENT	1.00	Officer	$0	$13,523	$315,748
LIZBETH HEYER	VICE PRESIDENT/CLERK	1.00	Officer	$0	$46,246	$264,670
KAREN EDLUND	CHIEF OF BUSINESS STRATEGY, TREASURER	5.00	Officer	$0	$26,147	$233,520
HENRY KORMAN	FORMER GENERAL COUNCIL, ASSISTANT CLERK	1.00	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
2024	No data	No data	No data	No data
2023	$113,503	$55,499	$23,881,024	$58,004
2022	$10,030	No data	$4,616,864	No data