MASSACHUSETTS COLLEGE OF LIBERAL ARTS FOUNDATION INC (EIN 042613803) - 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

1977

Legal Domicile

Principal Officer

ROBERT P ZIOMEK

Phone

4136625221

Tax Period

2023-07-01 to 2024-06-30

MASSACHUSETTS COLLEGE OF LIBERAL ARTS FOUNDATION INC, founded in 1977, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 52% operating margin.

Mission

TO SUPPORT EDUCATIONAL ACTIVITIES.

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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 $2,991,452

Program Service Revenue $0

Investment Income $2,185,636

Other Revenue $-66,386

TOTAL REVENUE $5,110,702

Expense Breakdown

Grants Paid $1,834,650

Salaries & Benefits $0

Fundraising Expenses $265,634

Program Expenses $2,071,871

Other Expenses $445,727

TOTAL EXPENSES $2,465,627

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,110,702	$4,146,067	+0.2%
Expenses	$2,465,627	$1,884,151	+0.3%
Net Income	$2,645,075	$2,261,916	+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

N/A

Volunteers

126

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

$167,891

Total Directors

$167,891

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Ziomek	PRESIDENT	10.0	Officer Director	$0	$7,814	$167,891
TIMOTHY CHERUBINI	vice chair	1.0	Officer Director	$0	$0	$0
Jason Dohaney	Chair	1.0	Officer Director	$0	$0	$0
Amy Smith	Clerk	1.0	Officer Director	$0	$0	$0
Jamie Ellen Moncecchi	Treasurer	1.0	Officer Director	$0	$0	$0
Wende Carver	Director	0.5	Director	$0	$0	$0
Buffy Lord	Director	0.5	Director	$0	$0	$0
Tara Barboza	Director	0.5	Director	$0	$0	$0
Kimberly Boyden-Briones	Director	0.5	Director	$0	$0	$0
JULIE ARNOLD	director	0.5	Director	$0	$0	$0
Dr Jean Clarke-Mitchell	Director	0.5	Director	$0	$0	$0
Bernie Pinsonnault	Director	0.5	Director	$0	$0	$0
Dr Frances Jones-Sneed	Director	0.5	Director	$0	$0	$0
Mary Nash	Director	0.5	Director	$0	$0	$0
Molly O'Meara Sheehan	Director	0.5	Director	$0	$0	$0
Denise Richardello	Director	0.5	Director	$0	$0	$0
Chrystina Geagan Parks	Director	0.5	Director	$0	$0	$0
Colleen P Taylor	Director	0.5	Director	$0	$0	$0
Judith M Wilkinson	Director	0.5	Director	$0	$0	$0
MICHAEL AVIS	DIRECTOR	0.5	Director	$0	$0	$0
Crystal Wojick	DIRECTOR	0.5	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	No data	No data	No data	No data
2024	$5,110,702	$2,465,627	$28,574,769	$2,645,075
2023	$4,146,067	$1,884,151	$26,146,972	$2,261,916
2022	$3,574,525	$1,859,438	$23,042,592	$1,715,087
2021	$1,936,331	$1,638,362	$23,633,180	$297,969
2020	$2,526,526	$1,691,596	$20,621,390	$834,930
2019	$2,115,548	$1,597,829	$19,512,493	$517,719

MASSACHUSETTS COLLEGE OF LIBERAL ARTS FOUNDATION INC