FRANKLIN AREA SURVIVAL CENTER INC

EIN: 042776526 501(c)(3)

TURNERS FALLS, MA

Total Revenue
$172,598
Total Expenses
$165,126
Total Assets
$275,239
Net Assets
$232,044
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MA
Principal Officer
FERN KOLAKOSKI
Phone
4138639549
Tax Period
2020-10-01 to 2021-09-30

FRANKLIN AREA SURVIVAL CENTER INC, founded in 1981, is a small nonprofit that reported $173K in total revenue in fiscal year 2020. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $165K left a modest 4% surplus.

Mission

TO SERVE THE NEEDY PEOPLE IN THE FRANKLIN COUNTY COMMUNITY AREA

Program Service Accomplishments

Program 1
Expenses: $164,788 Revenue: $115,355

MAINTAINED PROGRAMS THAT PROVIDED FREE FOOD AND NEARLY FREE CLOTHING AND HOUSEHOLD GOODS, AS WELL AS CLIENT ADVOCACY, IN THE FRANKLIN COUNTY AREA OF MASSACHUSETTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $57,187
Program Service Revenue $0
Investment Income $20
Other Revenue $115,391
TOTAL REVENUE $172,598

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,248
Fundraising Expenses $338
Program Expenses $164,788
Other Expenses $51,878
TOTAL EXPENSES $165,126

Year-over-Year Comparison

2020 2019 Change
Revenue $172,598 $159,158 +0.1%
Expenses $165,126 $174,618 -0.1%
Net Income $7,472 $-15,460 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
N/A
Employees
9
Volunteers
12

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
4
$47,520
Total Directors
7
$47,520
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA FRIEDMAN TREASURER 10.00
Officer Director
$0 $0 $0
FERN KOLAKOSKI PRESIDENT 35.00
Officer Director
$47,520 $0 $47,520
DAWN M LANG DIRECTOR 1.00
Director
$0 $0 $0
MARGARET BOULANGER SECRETARY 1.00
Officer Director
$0 $0 $0
SONNYA PETERS DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY J STRAHAN DIRECTOR 1.00
Director
$0 $0 $0
DANA LAVIGNE VICE-PRESIDENT 1.00
Officer 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
2021 $172,598 $165,126 $275,239 $7,472
2020 $159,158 $174,618 $271,205 $-15,460
2018 $185,671 $178,616 $289,973 $7,055
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FRANKLIN AREA SURVIVAL CENTER INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.