Mass Funeral Directors Assoc Inc

EIN: 042399297 Community Improvement

Weymouth, MA

Total Revenue
$490,365
Total Expenses
$459,069
Total Assets
$1,088,284
Net Assets
$874,383
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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
1965
Legal Domicile
MA
Principal Officer
William B Chapman
Phone
7813352031
Tax Period
2023-06-01 to 2024-05-31

Mass Funeral Directors Assoc Inc, founded in 1965, is a small nonprofit in the Community Improvement sector that reported $490K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $459K left a modest 6% surplus.

Mission

Funeral Director meetings and seminars Promote knowledge and communication in the field of funeral and funeral home services

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $266,957
Program Service Revenue $207,885
Investment Income $5,406
Other Revenue $10,117
TOTAL REVENUE $490,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $179,431
Fundraising Expenses $0
Other Expenses $279,638
TOTAL EXPENSES $459,069

Year-over-Year Comparison

2023 2022 Change
Revenue $490,365 $416,004 +0.2%
Expenses $459,069 $358,568 +0.3%
Net Income $31,296 $57,436 -0.5%
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

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Governance

Voting Members
19
Independent Members
19
Employees
3
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
0
$0
Total Directors
0
$0
Key Employees
1
$60,819
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Nolan Exec Director 60.00
Key Emp
$39,532 $0 $60,819
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
2024 $490,365 $459,069 $1,088,284 $31,296
2023 $416,004 $358,568 $1,066,646 $57,436
2021 $353,915 $262,899 $870,815 $91,016
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