MASSACHUSETTS AGING ACCESS ASSOCIATION INC (EIN 042799672) - 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

1983

Legal Domicile

Principal Officer

CHRISTOPHER MCLAUGHLIN

Phone

9789461318

Tax Period

2024-07-01 to 2025-06-30

MASSACHUSETTS AGING ACCESS ASSOCIATION INC, founded in 1983, is a small nonprofit in the Human Services sector that reported $724K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

ENCOURAGE AND PROMOTE THE QUALITY OF LIFE FOR ELDERLY RESIDENTS OF MASSACHUSETTS THROUGH PUBLIC EDUCATION; TO FOSTER THE DEVELOPMENT OF MORE COMPREHENSIVE AND COORDINATED SERVICE SYSTEMS TO HELP OLDER PEOPLE; TO ACT AS A LIAISON WITH THE MASSACHUSETTS EXECUTIVE OFFICE OF AGING & INDEPENDENCE; TO SERVE AS A CLEARINGHOUSE ON DEVELOPMENTS IN THE FIELD OF AGING; AND TO INCREASE ACCESS TO ELDERCARE SERVICES.

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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 $668,816

Program Service Revenue $47,874

Investment Income $7,200

Other Revenue $0

TOTAL REVENUE $723,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $369,305

Fundraising Expenses $0

Program Expenses $722,779

Other Expenses $416,593

TOTAL EXPENSES $785,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$723,890	$504,325	+0.4%
Expenses	$785,898	$487,301	+0.6%
Net Income	$-62,008	$17,024	-4.6%

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

N/A

Volunteers

N/A

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

$203,822

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSEANN MARTOCCIA - ACCESS CARE	PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA GURGONE - MYSTIC VALLEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS MCLAUGHLIN - BERKSHIRE COUNTY	TREASURER	2.00	Officer Director	$0	$0	$0
LISA KIPPAX - WORCESTER	CLERK	2.00	Officer Director	$0	$0	$0
LISA PRINCE - TRI-VALLEY	DIRECTOR	2.00	Director	$0	$0	$0
GARY YUHAS - LIFEPATH	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE LONG - OLD COLONY ELDER	DIRECTOR	2.00	Director	$0	$0	$0
SYLVIA EXANTUS - CENTRAL BOSTON	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN LEES - COASTLINE	DIRECTOR	2.00	Director	$0	$0	$0
MARTA CORVELO - SOMERVILLE CAMBRIDG	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA FRECHETTE - BRISTOL	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA LINDSEY - SOUTH SHORE	DIRECTOR	2.00	Director	$0	$0	$0
MARYANNE RYAN - CAPE COD	DIRECTOR	2.00	Director	$0	$0	$0
MOSES DIXON - SENIOR CONNECTION	DIRECTOR	2.00	Director	$0	$0	$0
ALLAN OUIMET - HIGHLAND VALLEY	DIRECTOR	2.00	Director	$0	$0	$0
EMILY SHEA - AGE STRONG	DIRECTOR	2.00	Director	$0	$0	$0
KELLY MAGEE WRIGHT - MINUTEMAN	DIRECTOR	2.00	Director	$0	$0	$0
LOREN SINGER - ETHOS	DIRECTOR	2.00	Director	$0	$0	$0
MEG HOGAN - BOSTON SENIOR	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT TRENTI - SENIOR CARE	DIRECTOR	2.00	Director	$0	$0	$0
MARY JEAN MCDERMOTT - HESSCO	DIRECTOR	2.00	Director	$0	$0	$0
KATHY BURNS - GREATER LYNN	DIRECTOR	2.00	Director	$0	$0	$0
TRISH SMITH - SPRINGWELL	DIRECTOR	2.00	Director	$0	$0	$0
DAVID KLEIN - OLD COLONY PLANNING	DIRECTOR	2.00	Director	$0	$0	$0
LORI RICHARDSON - NORTH CENTRAL	DIRECTOR	2.00	Director	$0	$0	$0
JOAN HATEM-ROY - AGESPAN	DIRECTOR	2.00	Director	$0	$0	$0
JILL KEOUGH - GREATER SPRINGFIELD	DIRECTOR	2.00	Director	$0	$0	$0
BETSEY CRIMMINS - MYSTIC VALLEY	EXECUTIVE DIRECTOR	35.00	Officer	$182,539	$21,283	$203,822

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	$723,890	$785,898	$697,943	$-62,008
2024	$504,325	$487,301	$634,931	$17,024
2023	$783,724	$675,036	$733,993	$108,688
2022	$476,967	$331,077	$483,929	$145,890
2021	$440,868	$411,506	$580,397	$29,362
2020	$478,649	$430,835	$492,399	$47,814

MASSACHUSETTS AGING ACCESS ASSOCIATION INC