MASSACHUSETTS VETERINARY MEDICAL ASSOCIATION INC (EIN 042446458) - 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

1975

Legal Domicile

Principal Officer

MONICA MANSFIELD

Phone

5084609333

Tax Period

2024-01-01 to 2024-12-31

MASSACHUSETTS VETERINARY MEDICAL ASSOCIATION INC, founded in 1975, is a small nonprofit that reported $514K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $470K left a modest 9% surplus.

Mission

PROVIDE QUALITY VETERINARY EDUCATION AND NETWORKING OPPORTUNITIES TO 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 (2024)

Revenue Breakdown

Contributions & Grants $48,506

Program Service Revenue $443,665

Investment Income $14,010

Other Revenue $7,348

TOTAL REVENUE $513,529

Expense Breakdown

Grants Paid $2,113

Salaries & Benefits $188,973

Fundraising Expenses $0

Program Expenses $304,645

Other Expenses $278,784

TOTAL EXPENSES $469,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$513,529	$444,397	+0.2%
Expenses	$469,870	$390,649	+0.2%
Net Income	$43,659	$53,748	-0.2%

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

$87,377

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MONICA MANSFIELD	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR INDU MANI	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
DR BRUCE CHASE	TREASURER	1.00	Officer Director	$0	$0	$0
DR LYNNE RICKETTS	SECRETARY	1.00	Officer Director	$0	$0	$0
DR BONNIE SMITH	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DR BRIAN BOURQUIN	DIRECTOR	1.00	Director	$0	$0	$0
DR SANDRA HIGGINS	DIRECTOR	1.00	Director	$0	$0	$0
DR MEGAN KILDUFF	DIRECTOR	1.00	Director	$0	$0	$0
DR ILENE SEGAL	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE FALZONE	EXECUTIVE DIRECTOR	40.00	Key Emp	$87,377	$0	$87,377

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	$513,529	$469,870	$689,543	$43,659
2023	$444,397	$390,649	$670,533	$53,748
2022	$429,000	$370,868	$604,333	$58,132
2021	$364,228	$263,051	$548,708	$101,177
2020	$373,918	$368,490	$378,243	$5,428

MASSACHUSETTS VETERINARY MEDICAL ASSOCIATION INC