MASSACHUSETTS 4-H FOUNDATION INC (EIN 042303708) - 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

1955

Legal Domicile

Principal Officer

ROBERT KORDENBROCK

Phone

5088811244

Tax Period

2024-01-01 to 2024-12-31

MASSACHUSETTS 4-H FOUNDATION INC, founded in 1955, is a small nonprofit that reported $921K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $250K, a strong 27% operating margin.

Mission

ENHANCING, PROMOTING AND FINANCIALLY SUPPORTING THE MASSACHUSETTS 4-H PROGRAMS AND CAMPS.

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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 $363,465

Program Service Revenue $0

Investment Income $565,490

Other Revenue $-7,765

TOTAL REVENUE $921,190

Expense Breakdown

Grants Paid $408,602

Salaries & Benefits $69,948

Fundraising Expenses $33,037

Program Expenses $451,916

Other Expenses $192,373

TOTAL EXPENSES $670,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$921,190	$682,656	+0.3%
Expenses	$670,923	$403,513	+0.7%
Net Income	$250,267	$279,143	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN BORGESON	PRESIDENT	25.0	Officer Director	$0	$0	$0
DAVID M LEHMAN	TREASURER	1.0	Officer Director	$0	$0	$0
HAYLEY TRAHAN-LIPTAK	CLERK	1.0	Officer Director	$0	$0	$0
ASHLEY RANDLE	Trustee	0.1	Officer Director	$0	$0	$0
KATHLEEN K ADAMS	TRUSTEE	0.1	Director	$0	$0	$0
SARAH J BONINI	TRUSTEE	0.1	Director	$0	$0	$0
MARK HOWE	TRUSTEE	0.1	Director	$0	$0	$0
TOMMY LAMONT	TRUSTEE	0.1	Director	$0	$0	$0
LINDSEY K LARSON	TRUSTEE	0.1	Director	$0	$0	$0
DR CAREY LECKIE	TRUSTEE	0.1	Director	$0	$0	$0
ERIKA E PRAHL	TRUSTEE	0.1	Director	$0	$0	$0
DAVID THIBAULT	TRUSTEE	0.1	Director	$0	$0	$0
PHILIP TROTTER	TRUSTEE	0.1	Director	$0	$0	$0
NICOLE VAUGHAN	TRUSTEE	0.1	Director	$0	$0	$0
STEPHEN B VERRILL	TRUSTEE	0.1	Director	$0	$0	$0
VA SHON WALLACE-HILTPOLD	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
SUSANNAH WILSON	TRUSTEE	0.1	Director	$0	$0	$0
JAMES HICKS	TRUSTEE	0.1	Director	$0	$0	$0
BILLY MCBRIDE	TRUSTEE	0.1	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
2024	$921,190	$670,923	$11,005,281	$250,267
2023	$682,656	$403,513	$9,200,780	$279,143
2022	$290,902	$580,212	$7,598,641	$-289,310
2021	$486,895	$431,759	$9,229,390	$55,136
2020	$-54,288	$485,750	$7,818,189	$-540,038

MASSACHUSETTS 4-H FOUNDATION INC