MASSACHUSETTS PSYCHIATRIC SOCIETY INC (EIN 042383343) - 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

1963

Legal Domicile

Principal Officer

MARK J HAUSER

Phone

7812378100

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS PSYCHIATRIC SOCIETY INC, founded in 1963, is a small nonprofit that reported $404K in total revenue in fiscal year 2023. Expenses of $365K left a modest 10% surplus.

Mission

FOSTER THE SCIENCE OF PSYCHIATRY FOR MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $250,482

Program Service Revenue $156,138

Investment Income $-3,035

Other Revenue $0

TOTAL REVENUE $403,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,464

Other Expenses $365,055

TOTAL EXPENSES $365,055

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,585	$404,042	0.0%
Expenses	$365,055	$362,914	+0.0%
Net Income	$38,530	$41,128	-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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
JOHN A FROMSON MD DLFAPA	IMMEDIATE PAST PRESIDENT	5.00	Officer	$0	$0	$0
NASSIR GHAEMI MD MPH DLFAPA	PRESIDENT	5.00	Officer	$0	$0	$0
MARK J HAUSERMDDLFAPA	TREASURER	5.00	Officer	$0	$0	$0
CRISTINA MONTALVO MD MBS	SECRETARY	5.00	Officer	$0	$0	$0
JHILAM BISWAS MD	PRESIDENT-ELECT	5.00	Officer	$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	No data	No data	No data	No data
2023	$403,585	$365,055	$1,059,737	$38,530
2022	$404,042	$362,914	$940,923	$41,128
2021	$412,183	$365,423	$1,057,588	$46,760
2020	$376,206	$371,956	$1,060,259	$4,250

MASSACHUSETTS PSYCHIATRIC SOCIETY INC