WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EDUCATIONAL ASSOCIATION OF WORCESTER INC, founded in 1978, is a small nonprofit that reported $628K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $98K, a strong 16% operating margin.
1. TO WORK FOR THE WELFARE OF SCHOOL CHILDREN, THE ADVANCEMENT OF EDUCATION, AND THE IMPROVEMENT OF INSTRUCTIONAL OPPORTUNITIES FOR ALL. 2. TO ADVANCE THE INTEREST OF THE SCHOOLS AND TO RAISE THE STANDARDS OF THE PROFESSIONAL AND NON-INSTRUCTIVE PERSONNEL. 3. TO FORM A REPRESENTATIVE BODY ABLE TO SPEAK WITH AUTHORITY FOR THE MEMBERSHIP. 4. TO IMPROVE THE CONDITIONS BOTH OF PROFESSIONAL AND NON-INSTRUCTIVE PERSONNEL RELATIVE TO THEIR EMPLOYMENT AND TO BARGAIN AND ENTER INTO COLLECTIVE BARGAINING AGREEMENTS FOR THE BENEFIT OF THE MEMBERS. 5. TO CULTIVATE A SPIRIT OF UNDERSTANDING AND GOOD WILL AMONG THE MEMBERSHIP AND THE COMMUNITY. 6. TO ACQUIRE SUCH REAL AND PERSONAL PROPERTY AS MAY BE NECESSARY OR INCEDENTAL TO THE PURPOSES OF THE ORGANIZATION AND TO EMPLOY A STAFF FOR THE ATTAINMENT OF THESE PURPOSES.
RENTAL OF REAL PROPERTY TO HELP SUPPORT THE ORGINIZATION'S ADMINISTRATIVE COSTS.
TO PROVIDE SCHOLARSHIPS TO STUDENTS IN THE WORCESTER, MA EDUCATIONAL SYSTEM.
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 | $628,197 | $549,257 | +0.1% |
| Expenses | $530,209 | $516,332 | +0.0% |
| Net Income | $97,988 | $32,925 | +2.0% |
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 |
|---|---|---|---|---|---|---|
| MELISSA VERDIER | PRESIDENT | 40.00 |
Officer
Director
|
$11,000 | $0 | $130,501 |
| PATRICK MCKEON | TREASURER | 10.00 |
Officer
Director
|
$7,000 | $0 | $7,000 |
| LUANN GALLAGHER | RECORDING SE | 1.00 |
Director
|
$0 | $1,500 | $1,500 |
| LAUREN HAYES | VOKE CHAIR | 1.00 |
Director
|
$0 | $599 | $599 |
| TINA MANSFIELD | TRANSPORTATI | 1.00 |
Director
|
$0 | $599 | $599 |
| MELINDA MARTIN | ESP CHAIR | 1.00 |
Director
|
$0 | $599 | $599 |
| CHRISTINE MOOSHIAN | 1ST VICE PRE | 1.00 |
Director
|
$0 | $599 | $599 |
| YAHAIRA RODRIGUEZ | ETHNIC MINOR | 1.00 |
Director
|
$0 | $599 | $599 |
| PHILIP SPELLANE | 2ND VICE PRE | 1.00 |
Director
|
$0 | $599 | $599 |
| MARK BARANOFF | EXECUTIVE SE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER KEMPTON | MIDDLE SCHOO | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHLEEN NAPIERATA | ADMINISTRATI | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISSA SKEATES | ELEMENTARY C | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY TURNER | HIGH SCHOOL | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANNA WESTON | MTA FIELD OR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $628,197 | $530,209 | $873,358 | $97,988 |
| 2024 | $549,257 | $516,332 | $782,869 | $32,925 |
| 2023 | $512,545 | $485,960 | $713,311 | $26,585 |
| 2022 | $443,580 | $469,813 | $686,726 | $-26,233 |
| 2021 | $498,352 | $464,636 | $712,072 | $33,716 |
| 2020 | $481,961 | $476,079 | $677,804 | $5,882 |
| 2019 | $501,513 | $435,299 | $671,864 | $66,214 |
| 2018 | $402,970 | $452,737 | $601,264 | $-49,767 |
Compare EDUCATIONAL ASSOCIATION OF WORCESTER INC with other nonprofits in Massachusetts and across the country.