OPERATION ABLE OF GREATER BOSTON INC (EIN 042761871) - 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

1982

Legal Domicile

Principal Officer

LUIS RIVERA

Phone

6175424180

Tax Period

2024-07-01 to 2025-06-30

OPERATION ABLE OF GREATER BOSTON INC, founded in 1982, is a community nonprofit in the Employment sector that reported $6.8M in total revenue in fiscal year 2024.

Mission

TRAINING AND EMPLOYMENT SERVICES FOR PERSONS OVER AGE 45 AND OTHER ECONOMICALLY DISADVANTAGED INDIVIDUALS.

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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 $6,330,180

Program Service Revenue $300,000

Investment Income $141,119

Other Revenue $0

TOTAL REVENUE $6,771,299

Expense Breakdown

Grants Paid $801,519

Salaries & Benefits $5,123,236

Fundraising Expenses $57,836

Program Expenses $5,377,140

Other Expenses $681,360

TOTAL EXPENSES $6,606,115

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,771,299	$6,420,541	+0.1%
Expenses	$6,606,115	$6,621,442	0.0%
Net Income	$165,184	$-200,901	-1.8%

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

$513,231

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYDIA GREEN	CHAIR	3.00	Officer Director	$0	$0	$0
LUIS RIVERA	TREASURER	3.00	Officer Director	$0	$0	$0
JOHN BRAY	SECRETARY	3.00	Officer Director	$0	$0	$0
MARTH DEAN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS FLANNERY	DIRECTOR	1.00	Director	$0	$0	$0
FRED FOULKES	DIRECTOR	1.00	Director	$0	$0	$0
AARON GREEN	DIRECTOR	1.00	Director	$0	$0	$0
CARMINE GUARINO	DIRECTOR	1.00	Director	$0	$0	$0
JEANINE HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE JOANNIDES BURGOS	DIRECTOR	1.00	Director	$0	$0	$0
MAURA D MCLAUGHLIN ESQ	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINE JUNIOR MELAY	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS ORCIANI	DIRECTOR	1.00	Director	$0	$0	$0
MARK PORTER	DIRECTOR	1.00	Director	$0	$0	$0
JANET PRENSKY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SMAGULA	DIRECTOR	1.00	Director	$0	$0	$0
STEVE TARANTO	DIRECTOR	1.00	Director	$0	$0	$0
MARIAN WALSH	PRESIDENT/CEO (TO 7/19/2024)	35.00	Officer	$221,846	$8,874	$230,720
MARK GYURINA	CHIEF PROGRAM OFFICER	35.00	Officer	$139,102	$5,564	$144,666
PAUL PRESTON	CONTROLLER	35.00	Officer	$137,845	$0	$137,845
MICHAEL SWEENEY	PRESIDENT/CEO (AS OF 7/24/2024)	35.00	Officer	$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	$6,771,299	$6,606,115	$1,274,219	$165,184
2024	$6,420,541	$6,621,442	$2,945,513	$-200,901
2023	$6,970,422	$6,848,287	$3,169,565	$122,135
2022	$7,268,097	$6,648,533	$1,156,232	$619,564
2021	$6,750,238	$6,895,288	$1,665,428	$-145,050
2020	$6,762,936	$7,083,887	$1,259,846	$-320,951
2019	$6,706,570	$6,934,621	$1,035,262	$-228,051
2018	$6,961,558	$6,813,057	$1,175,249	$148,501

OPERATION ABLE OF GREATER BOSTON INC