MASSACHUSETTS PSYCHOLOGICAL ASSOCIATION INC (EIN 042393951) - 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

1941

Legal Domicile

Principal Officer

JACK HUTSON

Phone

7812630080

Tax Period

2024-03-01 to 2025-02-28

MASSACHUSETTS PSYCHOLOGICAL ASSOCIATION INC, founded in 1941, is a small nonprofit that reported $609K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $127K, a strong 21% operating margin.

Mission

TO ADVANCE PSYCHOLOGY AS A SCIENCE, AS A PROFESSION AND AS A MEANS OF PROMOTING HUMAN WELFARE.

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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 $458,713

Program Service Revenue $118,554

Investment Income $31,716

Other Revenue $0

TOTAL REVENUE $608,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,171

Fundraising Expenses $0

Other Expenses $261,823

TOTAL EXPENSES $481,994

Year-over-Year Comparison

	2024	2023	Change
Revenue	$608,983	$546,688	+0.1%
Expenses	$481,994	$507,828	-0.1%
Net Income	$126,989	$38,860	+2.3%

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
LUANA BESSA	PRESIDENT ELECT	0.00	Director	$0	$0	$0
SUSAN WAGNER	Executive Dir.	40.00	Director	$0	$0	$0
BETH JERSKEY	Director	0.00	Director	$0	$0	$0
LISSA DUTRA	Secretary	0.00	Director	$0	$0	$0
SUKANYA RAY	Director	0.00	Director	$0	$0	$0
ALEESHA N YOUNG	President	0.00	Director	$0	$0	$0
JENNIFER LISH	Director	0.00	Director	$0	$0	$0
LORRAINE MANGIONE	Director	0.00	Director	$0	$0	$0
ERICA LEE	Director	0.00	Director	$0	$0	$0
JOAN HANANIA	Director	0.00	Director	$0	$0	$0
DIANA WESTERBERG	Director	0.00	Director	$0	$0	$0
JACK HUTSON	INTERIM EX DIRE	0.00	Director	$0	$0	$0
WENDY VINCENT	Director	0.00	Director	$0	$0	$0
LISSA DUTRA	Treasurer	0.00	Director	$0	$0	$0
MARGO TOWNLEY	Director	0.00	Director	$0	$0	$0
STEPHEN CADOUX	Director	0.00	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	$608,983	$481,994	$816,897	$126,989
2024	$546,688	$507,828	$673,883	$38,860
2023	$525,101	$494,697	$603,485	$30,404
2022	$583,671	$511,902	$597,453	$71,769
2021	$531,036	$454,080	$620,249	$76,956

MASSACHUSETTS PSYCHOLOGICAL ASSOCIATION INC