MASSACHUSETTS ASSOCIATION OF ELECTROLOGISTS INC (EIN 042580672) - 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

1950

Legal Domicile

Principal Officer

LINDA REILLY

Phone

9789210840

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS ASSOCIATION OF ELECTROLOGISTS INC, founded in 1950, is a micro nonprofit that reported $19K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Net assets of $43K represent 27 months of operating reserves.

Mission

The organization provides education through training seminars, newsletters, pamphlets to the members. Licensure credits are issued to individuals completeing andor participating in the programs offered. scholarship opportunities are also offered to individuals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $19,121

Investment Income $0

Other Revenue $0

TOTAL REVENUE $19,121

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $16,127

TOTAL EXPENSES $19,127

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,121	$20,654	-0.1%
Expenses	$19,127	$18,980	+0.0%
Net Income	$-6	$1,674	-1.0%

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

N/A

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

$4,000

Total Directors

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA MARA	PRESIDENT	010.00	Officer Director	$1,000	$0	$1,000
BEVERLY SULLIVAN	VICE PRESIDENT	005.00	Officer Director	$1,000	$0	$1,000
JULIANNE VASQUEZ	SECRETARY	005.00	Officer Director	$1,000	$0	$1,000
JUNE ALLEN	TREASURER	005.00	Officer Director	$1,000	$0	$1,000
LILLA MARTEL	DIRECTOR	005.00	Director	$1,000	$0	$1,000
ANDREA BINGHAM	DIRECTOR	005.00	Director	$0	$0	$0
MARGEURITA BONNEAU	DIRECTOR	005.00	Director	$0	$0	$0
BRIGID LEDWICKY	DIRECTOR	005.00	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
2023	$19,121	$19,127	$42,869	$-6
2022	$20,654	$18,980	$42,875	$1,674
2021	$24,805	$15,471	$41,201	$9,334
2020	$20,833	$11,413	$31,867	$9,420
2019	$21,871	$23,601	$22,447	$-1,730
2018	$27,849	$27,216	$24,177	$633

MASSACHUSETTS ASSOCIATION OF ELECTROLOGISTS INC