HOCKOMOCK YOUNG MEN'S CHRISTIAN ASSOCIATION INC (EIN 042131749) - 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

1972

Legal Domicile

Principal Officer

JAMES DOWNS

Phone

5086957001

Tax Period

2024-01-01 to 2024-12-31

HOCKOMOCK YOUNG MEN'S CHRISTIAN ASSOCIATION INC, founded in 1972, is a mid-sized nonprofit in the Human Services sector that reported $28.6M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $25.4M left a modest 11% surplus.

Mission

A NOT-FOR-PROFIT CHARITABLE ORGANIZATION COMMITTED TO ENHANCING THE QUALITY OF LIFE OF OUR MEMBERS AND ENRICHING THE COMMUNITIES WE SERVE THROUGH PARTNERSHIP AND COLLABORATION.

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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 $3,906,137

Program Service Revenue $22,686,295

Investment Income $1,929,890

Other Revenue $126,776

TOTAL REVENUE $28,649,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,721,320

Fundraising Expenses $726,651

Program Expenses $21,173,049

Other Expenses $9,725,340

TOTAL EXPENSES $25,446,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,649,098	$25,331,297	+0.1%
Expenses	$25,446,660	$23,430,247	+0.1%
Net Income	$3,202,438	$1,901,050	+0.7%

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

1226

Volunteers

1800

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

$686,800

Total Directors

Key Employees

$417,127

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARZIN KARIM	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
REGIS SCHRATZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN HAGE	TREASURER	1.00	Officer Director	$0	$0	$0
SHARON KENNEDY	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
DARLENE GUENETTE	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA GALEOTA	BOD MEMBER	1.00	Director	$0	$0	$0
ALISON MOSCA	BOD MEMBER	1.00	Director	$0	$0	$0
SHARON MULLANE	BOD MEMBER	1.00	Director	$0	$0	$0
BRIAN EARLEY	BOD MEMBER	1.00	Director	$0	$0	$0
DENNIS LEAHY	BOD MEMBER	1.00	Director	$0	$0	$0
EDWARD F WHALEN	BOD MEMBER	1.00	Director	$0	$0	$0
F JAY BARROWS	BOD MEMBER	1.00	Director	$0	$0	$0
JOHN LOVELY	BOD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MICHEL	BOD MEMBER	1.00	Director	$0	$0	$0
RICHARD LACROIX	BOD MEMBER	1.00	Director	$0	$0	$0
STEPHEN D CLAPP	BOD MEMBER	1.00	Director	$0	$0	$0
TOM KORBAS	BOD MEMBER	1.00	Director	$0	$0	$0
LISA BEATTY	BOD MEMBER	1.00	Director	$0	$0	$0
ANGELA DAVIS	BOD MEMBER	1.00	Director	$0	$0	$0
DR BRIAN PATEL	BOD MEMBER	1.00	Director	$0	$0	$0
PAUL GUIDOBONI	BOD MEMBER	1.00	Director	$0	$0	$0
MARY CLERMONT	BOD MEMBER	1.00	Director	$0	$0	$0
ERIC KERVORKIAN	BOD MEMBER	1.00	Director	$0	$0	$0
GREGORY SPIER	BOD MEMBER	1.00	Director	$0	$0	$0
JEFFREY DUFFICY	BOD MEMBER	1.00	Director	$0	$0	$0
GERARD LORUSSO	BOD MEMBER	1.00	Director	$0	$0	$0
KEN ROSA	BOD MEMBER	1.00	Director	$0	$0	$0
FAITH WEINER	BOD MEMBER	1.00	Director	$0	$0	$0
PAUL LAFAYETTE	BOD EX-OFFICIO	1.00	Director	$0	$0	$0
NEAL REILLY	BOD EX-OFFICIO	1.00	Director	$0	$0	$0
DEBBIE SPINELLI	BOD MEMBER (FROM 5/24)	1.00	Director	$0	$0	$0
JAMES DOWNS	PRESIDENT/CEO	40.00	Officer	$337,891	$33,789	$371,680
GREGORY MEINERTZ	SR. V. PRESIDENT/CFO	40.00	Officer	$286,473	$28,647	$315,120
JILL DUBIN	VICE PRESIDENT/CHEIF PEOPL	40.00	Key Emp	$199,670	$19,967	$219,637
DANIEL BRENNOCK	VICE PRESIDENT OPERATIONS	40.00	Key Emp	$179,536	$17,954	$197,490
CATHERINE MOORE	VICE PRESDIENT OF PHILANTH	40.00	Highest	$144,888	$15,313	$160,201
ERIN BRENNOCK	VICE PRESIDENT CHILD CARE	40.00	Highest	$144,847	$34,734	$179,581
BOB BUNSTEIN	DIRECTOR OF FACILITIES	40.00	Highest	$131,842	$13,184	$145,026
SCOTT MARTIN	SR EXECUTIVE DIRECTOR	40.00	Highest	$127,597	$33,009	$160,606
PATRICK MURPHY	COMMUNITY ENGAGEMENT/PARTN	40.00	Highest	$121,736	$12,174	$133,910

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	$28,649,098	$25,446,660	$32,003,547	$3,202,438
2023	$25,331,297	$23,430,247	$29,680,777	$1,901,050
2022	$22,587,888	$21,306,660	$27,249,839	$1,281,228
2021	$23,325,297	$18,035,070	$27,543,428	$5,290,227
2020	$16,702,091	$17,639,118	$22,238,441	$-937,027
2019	$20,255,571	$20,018,348	$22,259,233	$237,223
2018	$19,681,925	$19,861,694	$21,359,425	$-179,769

HOCKOMOCK YOUNG MEN'S CHRISTIAN ASSOCIATION INC