WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UNITED WAY OF CENTRAL MASSACHUSETTS INC, founded in 1920, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $9.2M exceeded revenue, resulting in a 15% operating deficit.
UNITED WAY OF CENTRAL MA CONNECTS PEOPLE AND RESOURCES TO IMPROVE THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $8,047,199 | $11,265,184 | -0.3% |
| Expenses | $9,224,079 | $11,914,390 | -0.2% |
| Net Income | $-1,176,880 | $-649,206 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TIMOTHY J GARVIN | PRESIDENT AND CEO | 35.00 |
Officer
Director
|
$188,353 | $34,180 | $222,533 |
| EDWARD H WHITE | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHE ANDERSON | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GINA PLATA-NINO | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN C TANACEA | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER WATSON | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDER RICHARDSON | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH P CARLSON | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL MASTROTOTARO | CHAIR ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATILDE CASTIEL | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REVEREND CLYDE TALLEY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHEILAH H DOOLEY | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG BELANGER | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL MONARREZ | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY SPOFFORD | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MUTHUKUMARAN JEEVANANTHAM | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AARTI MADAN | CHAIR OF WOMEN'S INITIATIV | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAY MCNAMARA | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR GREG WEINER | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH HELENIUS | COMMUNITY IMPACT COMMITTEE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VICTORIA MCCANDLESS | AT-LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES HAYES | CHIEF OPERATING OFFICER | 35.00 |
Officer
|
$134,691 | $24,749 | $159,440 |
| JENNIFER DAVIS CAREY | EXEC. DIR - WORC EDUCATION | 35.00 |
Officer
|
$138,996 | $8,066 | $147,062 |
| LYNN CHENEY | VICE PRESIDENT OF COMMUNICATIONS | 35.00 |
Officer
|
$107,859 | $22,959 | $130,818 |
| KERRY CONAGHAN | VICE PRESIDENT, COMMUNITY IMPACT | 35.00 |
Officer
|
$105,450 | $21,036 | $126,486 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $8,047,199 | $9,224,079 | $16,048,949 | $-1,176,880 |
| 2024 | No data | No data | No data | No data |
| 2023 | $9,976,770 | $9,169,788 | $15,750,854 | $806,982 |
| 2022 | $8,484,458 | $9,520,371 | $13,855,278 | $-1,035,913 |
| 2021 | $12,267,996 | $8,375,959 | $17,606,516 | $3,892,037 |
| 2020 | $7,075,869 | $6,419,124 | $11,017,600 | $656,745 |
| 2019 | $5,512,097 | $5,689,852 | $10,665,159 | $-177,755 |
Compare UNITED WAY OF CENTRAL MASSACHUSETTS INC with other nonprofits in Massachusetts and across the country.