MASS ASSOC OF 766 APPROVED PRIVATE SCH

EIN: 042718662 501(c)(3) Education

STONEHAM, MA

Total Revenue
$2,207,468
Total Expenses
$1,754,234
Total Assets
$4,973,225
Net Assets
$4,762,551
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MA
Principal Officer
ELIZABETH DR BECKER
Phone
7812451220
Tax Period
2024-07-01 to 2025-06-30

MASS ASSOC OF 766 APPROVED PRIVATE SCH, founded in 1978, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $453K, a strong 21% operating margin.

Mission

TO REPRESENT PRIVATE SPECIAL EDUCATION SCHOOLS WITH THE GOAL OF PROVIDING THE HIGHEST QUALITY EDUCATION TO STUDENTS WITH SPECIAL NEEDS.

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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 $0
Program Service Revenue $1,946,363
Investment Income $260,032
Other Revenue $1,073
TOTAL REVENUE $2,207,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $737,138
Fundraising Expenses $0
Program Expenses $1,367,470
Other Expenses $1,017,096
TOTAL EXPENSES $1,754,234

Year-over-Year Comparison

2024 2023 Change
Revenue $2,207,468 $1,962,183 +0.1%
Expenses $1,754,234 $1,645,915 +0.1%
Net Income $453,234 $316,268 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
31
Independent Members
31
Employees
6
Volunteers
31

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
7
$459,541
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUN CUSSON PRESIDENT 1.00
Officer Director
$0 $0 $0
KATHLEEN LOVENBURY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS HUNT TREASURER 1.00
Officer Director
$0 $0 $0
BRIDGET IRISH CLERK 1.00
Officer Director
$0 $0 $0
LAURA LAJEWSKI DIRECTOR/DELEGATE-AT-LARGE 1.00
Officer Director
$0 $0 $0
EDWARD BOSSO DIRECTOR/DELEGATE-AT-LARGE 1.00
Officer Director
$0 $0 $0
DEBRA BLAIR DIRECTOR 1.00
Director
$0 $0 $0
LYGIA SOARES DIRECTOR 1.00
Director
$0 $0 $0
AMY SOUSA DIRECTOR 1.00
Director
$0 $0 $0
MARK LUCIER DIRECTOR 1.00
Director
$0 $0 $0
RITA GARDNER DIRECTOR 1.00
Director
$0 $0 $0
JESSICA SASSI DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CULHANE DIRECTOR 1.00
Director
$0 $0 $0
KAREN BISHOP DIRECTOR 1.00
Director
$0 $0 $0
KAREN MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
SARAH FOLK DIRECTOR 1.00
Director
$0 $0 $0
WIL FREDIAN DIRECTOR 1.00
Director
$0 $0 $0
JILL BREWER DIRECTOR 1.00
Director
$0 $0 $0
PHILL EKBERG DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN PHILBIN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DOYLE DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH CRONIN DIRECTOR 1.00
Director
$0 $0 $0
RYAN PLOSKER DIRECTOR 1.00
Director
$0 $0 $0
LAWRENCE SAUER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT CARTER DIRECTOR 1.00
Director
$0 $0 $0
JODY MICHALSKI DIRECTOR 1.00
Director
$0 $0 $0
PAM SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
LORI STEERS DIRECTOR 1.00
Director
$0 $0 $0
GERRY POULIOT DIRECTOR 1.00
Director
$0 $0 $0
BISSER DOKOV DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL AMES DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH DR BECKER EXECUTIVE DIRECTOR 40.00
Officer
$421,924 $37,617 $459,541
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 $2,207,468 $1,754,234 $4,973,225 $453,234
2024 $1,962,183 $1,645,915 $4,314,033 $316,268
2023 $1,761,122 $1,409,572 $3,811,962 $351,550
2022 $1,678,728 $1,424,826 $3,212,748 $253,902
2021 $1,601,537 $1,283,799 $3,455,166 $317,738
2020 $1,445,464 $1,442,843 $2,922,723 $2,621
2019 $1,647,265 $1,605,559 $2,944,765 $41,706
2018 $1,700,157 $1,469,648 $2,792,480 $230,509
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