MASS RESTAURANT ASSOCIATION INC

EIN: 041591041

WESTBOROUGH, MA

Total Revenue
$1,422,138
Total Expenses
$1,796,650
Total Assets
$2,247,257
Net Assets
$1,407,222
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
MA
Principal Officer
STEPHEN CLARK
Phone
8008523042
Tax Period
2024-07-01 to 2025-06-30

MASS RESTAURANT ASSOCIATION INC, founded in 1934, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.8M exceeded revenue, resulting in a 26% operating deficit.

Mission

SERVICING THE HOTEL/RESTAURANT INDUSTRY IN MASSACHUSETTS.

Program Service Accomplishments

Program 1

OUR MOST POPULAR SERVICE IS OUR INFORMATIONAL SERVICES. IN TODAY'S RAPIDLY CHANGING REGULATORY WORLD, OPERATORS NEED TO STAY INFORMED IN ORDER TO COMPLY WITH NEW LAWS AND REGULATIONS. OUR MEMBERS CAN...

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OUR MOST POPULAR SERVICE IS OUR INFORMATIONAL SERVICES. IN TODAY'S RAPIDLY CHANGING REGULATORY WORLD, OPERATORS NEED TO STAY INFORMED IN ORDER TO COMPLY WITH NEW LAWS AND REGULATIONS. OUR MEMBERS CAN CALL US AND ASK US ANY LEGAL OR REGULATORY QUESTION AND WE WILL RESEARCH THE ANSWER FOR THEM. ADDITIONALLY, WE SEND OUT ALERTS, NEWSLETTERS AND E-NEWSLETTERS WITH ANY PERTINENT INFORMATION THAT THEY SHOULD KNOW IN ORDER TO COMPLY WITH A NEW LAW OR REGULATION. THE NEW ENGLAND FOOD SHOW IS OUR BIGGEST EVENT. IT IS PRODUCED AND OWNED BY OUR PARTNER, THE NATIONAL RESTAURANT ASSOCIATION. THERE IS APPROXIMATELY 50,000 SQUARE FEET OF EXHIBITOR SPACE. THERE ARE CHEF DEMOS, EDUCATIONAL SEMINARS, AND KEYNOTE SPEAKERS. ABOUT 10,000 ATTENDEES WILL VISIT THE SHOW OVER A THREE DAY PERIOD TO SEE THE VERY LATEST IN FOOD AND BEVERAGE PRODUCTS, EQUIPMENT, TECHNOLOGY AND SERVICES. GOVERNMENT AFFAIRS USES A GREAT DEAL OF OUR RESOURCES. THERE ARE SO MANY BILLS THAT ARE PROPOSED IN A YEAR THAT COULD HURT OR HELP THE INDUSTRY. OUR JOB IS TWOFOLD: TO EDUCATE THE LEGISLATORS AND TO EDUCATE OUR MEMBERS. IT'S IMPORTANT THAT THE LEGISLATORS BE AWARE OF THE EFFECTS OF THEIR LEGISLATION. WE DO THIS BY MEETING WITH THEM, TESTIFYING BEFORE COMMITTEES, SENDING LETTERS AND EMAILS AND ACTIVATING OUR STRONG GRASS ROOTS BODY WHICH IS OUR MEMBERSHIP. IN ORDER TO DO THIS, WE NEED TO KEEP OUR MEMBERS INFORMED. WE DO THIS THROUGH OUR NEWSLETTERS, THROUGH ALERTS, PERSONAL CONTACTS AND WE EVEN HOST A LOBBY DAY. GOVERNMENT AFFAIRS CONTINUES TO BECOME MORE AND MORE IMPORTANT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,103
Program Service Revenue $996,592
Investment Income $70,563
Other Revenue $309,880
TOTAL REVENUE $1,422,138

Expense Breakdown

Grants Paid $0
Salaries & Benefits $976,372
Fundraising Expenses $0
Other Expenses $820,278
TOTAL EXPENSES $1,796,650

Year-over-Year Comparison

2024 2023 Change
Revenue $1,422,138 $1,299,225 +0.1%
Expenses $1,796,650 $1,676,179 +0.1%
Net Income $-374,512 $-376,954 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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
41
Independent Members
41
Employees
9
Volunteers
500

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
1
$220,164
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN CLARK CEO 40.00
Officer
$211,106 $9,058 $220,164
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 $1,422,138 $1,796,650 $2,247,257 $-374,512
2024 $1,299,225 $1,676,179 $2,452,942 $-376,954
2023 $1,408,525 $1,543,666 $2,666,890 $-135,141
2022 $1,543,315 $1,511,287 $2,963,421 $32,028
2021 $1,227,109 $1,333,955 $3,466,323 $-106,846
2020 $1,713,752 $1,622,493 $3,265,675 $91,259
2019 $1,802,446 $1,747,922 $3,133,013 $54,524
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