MASSACHUSETTS MARINE TRADES ASSOCIATION INC (EIN 042461691) - 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

1964

Legal Domicile

Principal Officer

DOUG WIELHOUWER

Phone

5082211378

Tax Period

2025-01-01 to 2025-12-31

MASSACHUSETTS MARINE TRADES ASSOCIATION INC, founded in 1964, is a small nonprofit that reported $467K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $417K left a modest 11% surplus.

Mission

PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH BUSINESS SEMINARS AND EDUCATION OPPORTUNITIES, KEEPS MEMBERS INFORMED OF NEW LAWS, PROMOTES BOATING THROUGH LOCAL PROGRAMS AND BOAT SHOWS, AND REPRESENTS MEMBERS IN THE NATIONAL ASSOCIATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $280,066

Program Service Revenue $148,286

Investment Income $38,895

Other Revenue $0

TOTAL REVENUE $467,247

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $123,137

Fundraising Expenses $0

Other Expenses $288,999

TOTAL EXPENSES $417,136

Year-over-Year Comparison

	2025	2024	Change
Revenue	$467,247	$496,910	-0.1%
Expenses	$417,136	$401,790	+0.0%
Net Income	$50,111	$95,120	-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

Governance

Voting Members

Independent Members

Employees

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
TOBY BURR	DIRECTOR	0.50	Director	$0	$0	$0
TOM COX	DIRECTOR	0.50	Director	$0	$0	$0
KARI SULLIVAN DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
GREGORY EGAN	DIRECTOR	0.50	Director	$0	$0	$0
CHIP FARNHAM	THIRD VICE P	1.00	Officer Director	$0	$0	$0
GREG GLAVIN	DIRECTOR	0.50	Director	$0	$0	$0
MARIE HAYWARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
AMANDA HOLCROFT	DIRECTOR	0.50	Director	$0	$0	$0
JACKSON KENT III	DIRECTOR	0.50	Director	$0	$0	$0
JEFFREY JADUL	SECRETARY	0.50	Officer Director	$0	$0	$0
ED LOFGREN	DIRECTOR	0.50	Director	$0	$0	$0
SARAH MOULTON	DIRECTOR	0.50	Director	$0	$0	$0
CAPTAIN PAUL NOWAK	DIRECTOR	0.50	Director	$0	$0	$0
MATT O'CONNOR	DIRECTOR	1.00	Officer Director	$0	$0	$0
CHERI RUDZINDKY	DIRECTOR	0.50	Director	$0	$0	$0
KURT SAUNDERS	DIRECTOR	0.50	Director	$0	$0	$0
LARRY RUSSO SR	DIRECTOR	0.50	Director	$0	$0	$0
DOUG WIELHOUWER	FIRST V.P./T	1.00	Officer 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	$467,247	$417,136	$1,226,001	$50,111
2024	$496,910	$401,790	$1,094,743	$95,120
2023	$437,092	$381,326	$1,016,655	$55,766
2022	$391,885	$357,725	$905,729	$34,160
2021	$301,475	$284,439	$938,052	$17,036
2020	$310,889	$322,798	$853,722	$-11,909
2019	$341,081	$337,746	$775,462	$3,335
2018	$231,406	$247,902	$725,284	$-16,496

MASSACHUSETTS MARINE TRADES ASSOCIATION INC