MASSACHUSETTS COMMUNITIES ACTION NETWORK INC (EIN 042863903) - 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

PIERRE OSIAS

Phone

8573020848

Tax Period

2024-04-01 to 2025-03-31

MASSACHUSETTS COMMUNITIES ACTION NETWORK INC, founded in 1985, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.8M exceeded revenue, resulting in a 45% operating deficit.

Mission

MCAN IS A FAITH AND VALUES ORGANIZING GROUP FOCUSED ON PEOPLE, POWER, AND CHANGE.

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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 $1,215,290

Program Service Revenue $0

Investment Income $21,585

Other Revenue $14,021

TOTAL REVENUE $1,250,896

Expense Breakdown

Grants Paid $281,009

Salaries & Benefits $1,115,330

Fundraising Expenses $137,619

Program Expenses $1,443,766

Other Expenses $415,261

TOTAL EXPENSES $1,811,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,250,896	$1,056,913	+0.2%
Expenses	$1,811,600	$1,626,904	+0.1%
Net Income	$-560,704	$-569,991	0.0%

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

$275,265

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIERRE OSIAS	PRESIDENT	5.00	Officer Director	$0	$0	$0
ADERONKE LIPEDE	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
RENEE LEDBETTER	TREASURER	5.00	Officer Director	$0	$0	$0
ASHLEY DELVA	SECRETARY	5.00	Officer Director	$0	$0	$0
REV DAVID LEWIS	DIRECTOR	3.00	Director	$0	$0	$0
MELANIE MORRISON	TREASURER	5.00	Director	$0	$0	$0
LINDA BESSOM	SECRETARY	5.00	Director	$0	$0	$0
ROY RHODES	DIRECTOR	3.00	Director	$0	$0	$0
MELINDA PELLERIN	DIRECTOR	3.00	Director	$0	$0	$0
JANINE CARREIRO	CO-EXECUTIVE DIRECTOR	40.00	Officer	$130,369	$2,000	$132,369
WILLIAM DICKERSON II	CO-EXECUTIVE DIRECTOR	40.00	Officer	$117,969	$24,927	$142,896

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	$1,250,896	$1,811,600	$1,259,022	$-560,704
2024	$1,056,913	$1,626,904	$1,683,739	$-569,991
2024	$1,354,656	$1,631,650	$1,484,989	$-276,994
2023	$1,323,318	$1,326,186	$1,699,926	$-2,868
2022	$1,462,383	$1,411,166	$1,786,598	$51,217
2022	$1,327,579	$1,267,469	$1,659,730	$60,110
2021	$1,266,169	$1,165,052	$1,607,492	$101,117
2020	$1,107,448	$1,261,316	$1,307,738	$-153,868
2019	$1,318,501	$1,192,384	$1,468,210	$126,117

MASSACHUSETTS COMMUNITIES ACTION NETWORK INC