BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY (EIN 042103576) - 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

1913

Legal Domicile

Principal Officer

DR AISHA FRANCIS

Phone

6174234630

Tax Period

2024-07-01 to 2025-06-30

BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY, founded in 1913, is a mid-sized nonprofit in the Education sector that reported $26.5M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $23.9M left a modest 10% surplus.

Mission

BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY'S mission is to deliver transformative technical and trade education that leads to economic advancement.

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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 $13,816,246

Program Service Revenue $12,373,440

Investment Income $121,837

Other Revenue $203,232

TOTAL REVENUE $26,514,755

Expense Breakdown

Grants Paid $5,305,163

Salaries & Benefits $10,136,021

Fundraising Expenses $675,167

Program Expenses $17,840,387

Other Expenses $8,461,356

TOTAL EXPENSES $23,902,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,514,755	$31,443,429	-0.2%
Expenses	$23,902,540	$28,205,894	-0.2%
Net Income	$2,612,215	$3,237,535	-0.2%

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

176

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

$514,698

Total Directors

$350,796

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Aisha Francis PhD	President & CEO	35.0	Officer Director	$314,502	$36,294	$350,796
Michael Goldstein	CHIEF INNOVATION OFFICER	35.0	Highest	$156,684	$21,106	$177,790
Marvin Loiseau	Dean of Academics/Stdnt Affair	35.0	Highest	$156,860	$15,481	$172,341
Kevin Hepner	Chief Financial Officer	35.0	Officer	$152,467	$11,435	$163,902
Jackie Cornog	Chief of Staff	35.0	Highest	$114,803	$25,574	$140,377
Alan Blair	Controller	35.0	Highest	$111,471	$13,302	$124,773
James Dellot	Prof of Auto Tech, & Prg Chr	35.0	Highest	$118,002	$6,257	$124,259
Turahn Dorsey	Chair Board of Trustees	5.0	Officer Director	$0	$0	$0
Rahkeem Morris	Vice Chair	5.0	Officer Director	$0	$0	$0
Marisa Meldonian MPH	Vice Chair	5.0	Officer Director	$0	$0	$0
Claire Wadlington	Treasurer	5.0	Officer Director	$0	$0	$0
Maureen Pompeo	Clerk	5.0	Officer Director	$0	$0	$0
PETER BAUER	Trustee	2.0	Director	$0	$0	$0
Rodger Brown	Trustee	2.0	Director	$0	$0	$0
Mary Churchill PhD	Trustee	2.0	Director	$0	$0	$0
Chenita Daughtry	Trustee	2.0	Director	$0	$0	$0
TIFFANY DOTSON PhD	Trustee	2.0	Director	$0	$0	$0
Caroline Fay	Trustee	2.0	Director	$0	$0	$0
Chris Jones PhD	Trustee	2.0	Director	$0	$0	$0
Rachel Kaprielian	Trustee	2.0	Director	$0	$0	$0
PAUL MACRINA	Trustee	2.0	Director	$0	$0	$0
Stetson Marshall	Trustee	2.0	Director	$0	$0	$0
Trinh Nguyen	City of Boston Rep.	2.0	Director	$0	$0	$0
Fernando Rodriguez-Villa	Trustee	2.0	Director	$0	$0	$0
Andrew Tarsy	Trustee	2.0	Director	$0	$0	$0
Rahul Yarala	Trustee	2.0	Director	$0	$0	$0
Anna Yu	Trustee	2.0	Director	$0	$0	$0
John F Donohue	Trustee	2.0	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
2025	$26,514,755	$23,902,540	$49,978,288	$2,612,215
2024	$31,443,429	$28,205,894	$45,231,193	$3,237,535
2023	$19,382,762	$16,875,340	$22,696,356	$2,507,422
2022	$16,845,374	$16,819,262	$17,195,877	$26,112
2021	$17,077,730	$16,744,946	$15,070,208	$332,784
2020	$14,554,191	$18,897,603	$14,257,736	$-4,343,412
2019	$13,792,086	$17,063,776	$6,446,882	$-3,271,690
2018	$15,476,152	$15,475,728	$8,251,404	$424

BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY