MASSACHUSETTS COLLECTORS & TREASURERS ASSOCIATION INC (EIN 042657178) - 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

1985

Legal Domicile

Principal Officer

KAT FORTE

Phone

9789526644

Tax Period

2022-07-01 to 2023-06-30

MASSACHUSETTS COLLECTORS & TREASURERS ASSOCIATION INC, founded in 1985, is a small nonprofit that reported $338K in total revenue in fiscal year 2022. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $317K left a modest 6% surplus.

Mission

PROVIDE EDUCATION AND TECHNICAL SUPPORT TO MASSACHUSETTS LOCAL MUNICIPAL TREASURERS AND COLLECTORS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $198,300

Program Service Revenue $138,974

Investment Income $334

Other Revenue $0

TOTAL REVENUE $337,608

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,514

Fundraising Expenses $0

Program Expenses $236,638

Other Expenses $246,453

TOTAL EXPENSES $316,967

Year-over-Year Comparison

	2022	2021	Change
Revenue	$337,608	$232,853	+0.4%
Expenses	$316,967	$287,441	+0.1%
Net Income	$20,641	$-54,588	-1.4%

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

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

$36,991

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA BARRY	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOANNE SAVIGNAC	TREASURER	1.00	Officer Director	$0	$0	$0
JANE LEPARDO	SECRETARY	1.00	Officer Director	$0	$0	$0
RENEE FERNANDES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGIA COLIVAS	FORMER 1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTOPHER PILLA	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH WHITMAN	EXECUTIVE DIRECTOR	35.00	Officer	$36,991	$0	$36,991

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	No data	No data	No data	No data
2023	$337,608	$316,967	$174,870	$20,641
2022	$232,853	$287,441	$164,339	$-54,588

MASSACHUSETTS COLLECTORS & TREASURERS ASSOCIATION INC