NASHOBA LEARNING GROUP INC

EIN: 010672424 501(c)(3) Education

BEDFORD, MA

Total Revenue
$23,508,662
Total Expenses
$24,477,893
Total Assets
$17,127,584
Net Assets
$10,410,358
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
ELIZABETH MARTINEAU
Phone
7812752500
Tax Period
2023-07-01 to 2024-06-30

NASHOBA LEARNING GROUP INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $23.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO ENABLE CHILDREN AND ADULTS WITH AUTISM TO FUNCTION THROUGHOUT THEIR LIVES WITH THE GREATEST POSSIBLE PRODUCTIVITY AND INDEPENDENCE IN THEIR COMMUNITIES, HOMES, AND WORKPLACES.

Program Service Accomplishments

Program 1
Expenses: $17,684,122 Revenue: $17,744,127

SCHOOL PROGRAM ACCOMPLISHMENTS: NASHOBA LEARNING GROUP, INC. (NLG) OPERATES A FULL-YEAR DAY SCHOOL PROGRAM (THE SCHOOL PROGRAM) THAT PROVIDES OUTSTANDING, COMPREHENSIVE, INDIVIDUALIZED EDUCATION...

Read more

SCHOOL PROGRAM ACCOMPLISHMENTS: NASHOBA LEARNING GROUP, INC. (NLG) OPERATES A FULL-YEAR DAY SCHOOL PROGRAM (THE SCHOOL PROGRAM) THAT PROVIDES OUTSTANDING, COMPREHENSIVE, INDIVIDUALIZED EDUCATION, TRAINING, AND INTERVENTION SERVICES FOR STUDENTS AGED 3 UP UNTIL 22 WITH AUTISM SPECTRUM DISORDERS (ASD).THE SCHOOL PROGRAM IS BASED ON THE SCIENTIFICALLY VALIDATED PRINCIPLES OF APPLIED BEHAVIOR ANALYSIS (ABA), DELIVERED BY HIGHLY TRAINED AND SUPERVISED TEACHING STAFF, AND CUSTOMIZED FOR EACH STUDENT IN PARTNERSHIP WITH THE FAMILY. PROGRAM SERVICE FEE REVENUE, WHICH COMPRISES THE ORGANIZATION'S PRIMARY REVENUE SOURCE, IS DERIVED PRIMARILY FROM MASSACHUSETTS SCHOOL DISTRICTS. THE SCHOOL PROGRAM'S OPERATIONAL CAPACITY IS 130 STUDENTS.

Program 2
Expenses: $4,335,271 Revenue: $3,740,411

ADULT PROGRAM ACCOMPLISHMENTS: THE ORGANIZATION OPERATES AN ADULT DAY PROGRAM (THE ADULT PROGRAM) WITH A MAXIMUM CAPACITY OF ABOUT 65 MEMBERS TO PROVIDE ONGOING DAY HABILITATION, JOB AND COMMUNITY...

Read more

ADULT PROGRAM ACCOMPLISHMENTS: THE ORGANIZATION OPERATES AN ADULT DAY PROGRAM (THE ADULT PROGRAM) WITH A MAXIMUM CAPACITY OF ABOUT 65 MEMBERS TO PROVIDE ONGOING DAY HABILITATION, JOB AND COMMUNITY SUPPORT TO ADULTS AGED 22 AND OLDER WITH AUTISM SPECTRUM DISORDERS. THE ADULT PROGRAM TARGETS CONTINUED SKILLS DEVELOPMENT AND BEHAVIOR SUPPORT USING THE PRINCIPLES OF ABA FOR THE MEMBERS WITH THE GOAL OF INCREASING INDEPENDENCE AND GRADUALLY REDUCING THE NEED FOR TRAINED SUPERVISION OVER TIME. ADULT PROGRAM SERVICE FEE REVENUE IS DERIVED FROM MASSHEALTH FOR DAY HABILITATION SERVICES AND THE MASSACHUSETTS DEPARTMENT OF DISABILITY SERVICES (DDS) FOR JOB TRAINING, EMPLOYMENT AND COMMUNITY SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,612,349
Program Service Revenue $21,484,538
Investment Income $199,265
Other Revenue $212,510
TOTAL REVENUE $23,508,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,912,781
Fundraising Expenses $279,010
Program Expenses $22,019,393
Other Expenses $3,565,112
TOTAL EXPENSES $24,477,893

Year-over-Year Comparison

2023 2022 Change
Revenue $23,508,662 $21,637,740 +0.1%
Expenses $24,477,893 $22,046,764 +0.1%
Net Income $-969,231 $-409,024 +1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
6
Employees
372
Volunteers
83

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
4
$555,638
Total Directors
9
$555,638
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH MARTINEAU PRESIDENT, CEO 40.00
Officer Director
$285,000 $9,286 $294,286
KIM BORGEN TREASURER, CFO 40.00
Officer Director
$190,511 $6,636 $197,147
CARMEL LEONARD CLERK 1.00
Officer Director
$0 $0 $0
AMIT BASAK DIRECTOR 1.00
Director
$0 $0 $0
JAMES BURLING DIRECTOR 1.00
Director
$0 $0 $0
ROBERT FORLENZA DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCCLELLAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MOLONEY DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN VIBERT DIRECTOR (COO THRU 08/2023) 20.00
Officer Director
$60,646 $3,559 $64,205
SHELLEY REESE DEVELOPMENT DIRECTOR 28.00
Highest
$154,327 $1,358 $155,685
LAUREN SAVIOLI DIRECTOR OF CLINICAL PRACTICE 35.00
Highest
$130,701 $16,866 $147,567
LORI STEERS EXECUTIVE DIRECTOR 35.00
Highest
$135,538 $18,709 $154,247
ROBYN STEWART DIRECTOR OF CLINICAL OPERATIONS 35.00
Highest
$133,019 $5,095 $138,114
MAUREEN LACERTE EDUCATIONAL DIRECTOR 35.00
Highest
$128,992 $5,547 $134,539
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 No data No data No data No data
2024 $23,508,662 $24,477,893 $17,127,584 $-969,231
2023 $21,637,740 $22,046,764 $17,944,628 $-409,024
2022 $20,934,730 $19,486,577 $17,818,775 $1,448,153
2021 $20,292,033 $17,660,097 $16,789,671 $2,631,936
2020 $17,799,023 $17,661,719 $16,339,234 $137,304
2019 $16,733,474 $16,271,232 $13,971,588 $462,242
2018 $15,212,411 $15,344,479 $13,903,907 $-132,068
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NASHOBA LEARNING GROUP INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.