ASCLEPIUS CORPORATION

EIN: 042899819 501(c)(3) Community Improvement

HYANNIS, MA

Total Revenue
$367,841
Total Expenses
$301,799
Total Assets
$199,522
Net Assets
$195,104
🔒

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
1985
Legal Domicile
MA
Principal Officer
ALISA MAGNOTTA
Phone
5087715400
Tax Period
2024-07-01 to 2025-06-30

ASCLEPIUS CORPORATION, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $368K in total revenue in fiscal year 2024. The organization ran a surplus of $66K, a strong 18% operating margin.

Mission

ORGANIZATION'S SOLE FUNCTION IS TO PROVIDE A RENTAL FACILITY TO EXEMPT ORGANIZATIONS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $269,686
Investment Income $28
Other Revenue $98,127
TOTAL REVENUE $367,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $266,713
Other Expenses $301,799
TOTAL EXPENSES $301,799

Year-over-Year Comparison

2024 2023 Change
Revenue $367,841 $347,344 +0.1%
Expenses $301,799 $262,100 +0.2%
Net Income $66,042 $85,244 -0.2%
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
5
Independent Members
2
Employees
N/A
Volunteers
3

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
5
$855,747
Total Directors
11
$512,079
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX RODOLAKIS DIRECTOR 1.00
Director
$0 $0 $0
ALISA MAGNOTTA PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $33,385 $284,009
BEA FORREST DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
BETTINA HOLTON DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
CASSANDRA DANZL TREASURER/DIRECTOR (AS OF 12/24) 1.00
Officer Director
$0 $17,939 $173,498
CHRISTOPHER OLDI DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
MICHAEL JONES DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
MIKE LAUF DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
PETER FREEMAN DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND A YOX DIRECTOR (OUTGOING) 1.00
Director
$0 $0 $0
ROBERT L BRENNAN CLERK (AS OF 12/24) 1.00
Officer Director
$0 $226 $54,572
STEPHEN FERRIS CFO (UNTIL 4/25) 1.00
Officer
$0 $32,281 $207,675
JANE HAMMOND INTERIM CFO (AS OF 4/25) 1.00
Officer
$0 $16,946 $135,993
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 $367,841 $301,799 $199,522 $66,042
2024 No data No data No data No data
2023 $347,373 $254,285 $839,098 $93,088
2022 $347,405 $249,067 $825,354 $98,338
2021 $347,417 $264,968 $801,362 $82,449
2020 $347,417 $284,304 $790,297 $63,113
2019 $347,410 $293,703 $798,224 $53,707
2018 $347,417 $333,093 $802,635 $14,324
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ASCLEPIUS CORPORATION with other nonprofits in Massachusetts and across the country.