MIT WOMEN'S INDEPENDENT GROUP CO

EIN: 042642553

CAMBRIDGE, MA

Total Revenue
$521,239
Total Expenses
$281,493
Total Assets
$1,657,227
Net Assets
$1,521,816
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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
MA
Principal Officer
BEVERLY F BORDEN
Phone
6172831267
Tax Period
2024-06-01 to 2025-05-31

MIT WOMEN'S INDEPENDENT GROUP CO, founded in 1977, is a small nonprofit that reported $521K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $240K, a strong 46% operating margin.

Mission

OPERATION OF A WOMEN'S RESIDENCE FOR MIT STUDENTS, FOCAL POINT FOR LECTURES FROM PROFESSIONAL WOMEN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,862
Program Service Revenue $429,896
Investment Income $40,481
Other Revenue $0
TOTAL REVENUE $521,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $281,493
Other Expenses $281,493
TOTAL EXPENSES $281,493

Year-over-Year Comparison

2024 2023 Change
Revenue $521,239 $442,219 +0.2%
Expenses $281,493 $360,350 -0.2%
Net Income $239,746 $81,869 +1.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEVERLY F BORDEN TREASURER 10.00
Officer Director
$0 $0 $0
MARNIE HARKER DIRECTOR 1.00
Director
$0 $0 $0
KAREN DES JARDINS DIRECTOR 1.00
Director
$0 $0 $0
MARY ANN JIN CLERK 1.00
Officer Director
$0 $0 $0
MARISSA MARTINEZ PRESIDENT 3.00
Officer Director
$0 $0 $0
BARBARA ROMAN DIRECTOR 1.00
Director
$0 $0 $0
ALISON SCHARY DIRECTOR 1.00
Director
$0 $0 $0
KATHARINE M STOHLMAN DIRECTOR 1.00
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 $521,239 $281,493 $1,657,227 $239,746
2024 $410,344 $308,142 $1,433,382 $102,202
2024 $442,219 $360,350 $1,383,048 $81,869
2023 $440,404 $288,460 $1,300,312 $151,944
2022 $456,102 $336,224 $1,166,506 $119,878
2021 $131,300 $278,479 $1,066,037 $-147,179
2020 $336,727 $317,741 $1,288,555 $18,986
2019 $325,300 $329,401 $1,156,357 $-4,101
2018 $277,444 $295,618 $1,189,995 $-18,174
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