FENWAY ALLIANCE INC

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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

1996

Legal Domicile

Principal Officer

GENEVIEVE DAY

Phone

6173732777

Tax Period

2024-07-01 to 2025-06-30

FENWAY ALLIANCE INC, founded in 1996, is a small nonprofit that reported $299K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $376K exceeded revenue, resulting in a 26% operating deficit.

Mission

OUR GOAL IS TO ENHANCE THE DISTRICT, CREATING A 5-MILE AREA IN THE CITY OF BOSTON THAT REMAINS AND GROWS IN ITS UNIQUELY RICH ACADEMIC AND CULTURAL OFFERINGS, AND ITS BEAUTIFUL PARKLANDS AND GREEN SPACES. WE CREATE AND SUSTAIN THE FENWAY CULTURAL DISTRICT, AND PROVIDE THE HIGHEST QUALITY INTELLECTUAL, SOCIAL AND CULTURAL OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES THROUGHOUT THE REGION.

Program Service Accomplishments

Program 1

Expenses: $244,844 Revenue: $225,329

PLANNING AND PROMOTION OF BOSTON'S FENWAY CULTURAL DISTRICT AND SERVE OUR 22 INSTITUTIONAL 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 $298,330

Program Service Revenue $0

Investment Income $667

Other Revenue $0

TOTAL REVENUE $298,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $242,607

Fundraising Expenses $33,665

Program Expenses $244,844

Other Expenses $133,753

TOTAL EXPENSES $376,360

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,997	$321,909	-0.1%
Expenses	$376,360	$307,026	+0.2%
Net Income	$-77,363	$14,883	-6.2%

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

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
JOHN TOBIN	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
KIM HAACK	DIRECTOR	2.00	Director	$0	$0	$0
JIM LUCCHESE	DIRECTOR	2.00	Director	$0	$0	$0
LYNDA MCNALLY	DIRECTOR	2.00	Director	$0	$0	$0
MARY HUGHES	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HAMILTON	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT CHAMBERS	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN CREAMER	DIRECTOR	2.00	Director	$0	$0	$0
ABRIA SMITH	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH AOUN	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA KALYN	DIRECTOR	2.00	Director	$0	$0	$0
TED LANDSMARK	DIRECTOR	2.00	Director	$0	$0	$0
LORETTA GRECO	DIRECTOR	2.00	Director	$0	$0	$0
LIZA PERRY	DIRECTOR	2.00	Director	$0	$0	$0
LAURA BRINK PISINSKI	DIRECTOR	2.00	Director	$0	$0	$0
GABRIELLE JAQUES	DIRECTOR	2.00	Director	$0	$0	$0
PEGGY FOGELMAN	DIRECTOR	2.00	Director	$0	$0	$0
AMY WHITE	DIRECTOR	2.00	Director	$0	$0	$0
ARTHURINA FREARS	DIRECTOR	2.00	Director	$0	$0	$0
LYNN PERRY WOOTEN	DIRECTOR	2.00	Director	$0	$0	$0
LAURA WAREK	DIRECTOR	2.00	Director	$0	$0	$0
KAREN GEROMIMI	DIRECTOR	2.00	Director	$0	$0	$0
KAITLIN PASSAFARO	DIRECTOR	2.00	Director	$0	$0	$0
PETER SCOTT	DIRECTOR	2.00	Director	$0	$0	$0
MARY GRANT	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN KELLY	DIRECTOR	2.00	Director	$0	$0	$0
PAUL FALVEY	DIRECTOR	2.00	Director	$0	$0	$0
TYRONE SUTTON	DIRECTOR	2.00	Director	$0	$0	$0
DENELLA CLARK	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HAMILTON	DIRECTOR	2.00	Director	$0	$0	$0
CHAD SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ERIC KRAUSS	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH NICHOLS	DIRECTOR	2.00	Director	$0	$0	$0
E ELIZABETH ROSS	DIRECTOR	2.00	Director	$0	$0	$0
LAUREL CLANTON BOLDEN	DIRECTOR	2.00	Director	$0	$0	$0
CINDY O'CALLAGHAN	DIRECTOR	2.00	Director	$0	$0	$0
INGRID PESCHKE	DIRECTOR	2.00	Director	$0	$0	$0
DAVID SNEAD	DIRECTOR	2.00	Director	$0	$0	$0
SARAH MANOOG	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER MANNELLI	DIRECTOR	2.00	Director	$0	$0	$0
BRENDAN O'BRYAN	DIRECTOR	2.00	Director	$0	$0	$0
LISA KRASSNER	DIRECTOR	2.00	Director	$0	$0	$0
CAROL KNAUFF	DIRECTOR	2.00	Director	$0	$0	$0
PIERRE TERJANIAN	DIRECTOR	2.00	Director	$0	$0	$0
SCHERI FULTINEER	DIRECTOR	2.00	Director	$0	$0	$0
KELLY HAYS	DIRECTOR	2.00	Director	$0	$0	$0
MEREDITH LEGG	DIRECTOR	2.00	Director	$0	$0	$0
DAVID SHAPIRO	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE BERMAN	DIRECTOR	2.00	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
2025	$298,997	$376,360	$336,132	$-77,363
2024	$321,909	$307,026	$433,711	$14,883
2023	$317,206	$306,629	$402,582	$10,577
2022	$245,337	$201,509	$370,473	$43,828
2020	$322,527	$334,105	$258,252	$-11,578
2019	$332,433	$299,106	$250,727	$33,327
2018	$323,024	$304,787	$226,130	$18,237