WORCESTER COUNTY BAR ASSOCIATION INC

EIN: 043009711

WORCESTER, MA

Total Revenue
$344,019
Total Expenses
$361,824
Total Assets
$592,850
Net Assets
$482,318
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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
1887
Legal Domicile
MA
Principal Officer
STEPHEN ALTOBELLI
Phone
5087521311
Tax Period
2024-09-01 to 2025-08-31

WORCESTER COUNTY BAR ASSOCIATION INC, founded in 1887, is a small nonprofit that reported $344K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

LEGAL AID, PROMOTE ADMIN OF JUSTICE AND SCIENCE OF JURISPRUDENCE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,228
Program Service Revenue $306,281
Investment Income $27,717
Other Revenue $3,793
TOTAL REVENUE $344,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $224,992
Fundraising Expenses $0
Program Expenses $143,046
Other Expenses $136,832
TOTAL EXPENSES $361,824

Year-over-Year Comparison

2024 2023 Change
Revenue $344,019 $379,383 -0.1%
Expenses $361,824 $320,302 +0.1%
Net Income $-17,805 $59,081 -1.3%
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

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Governance

Voting Members
15
Independent Members
15
Employees
4
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
5
$120,004
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN ALTOBELLI EXECUTIVE DI 40.00
Officer
$120,004 $0 $120,004
MAURA J TANSLEY PRESIDENT N/A
Officer
$0 $0 $0
KANCHANA N FERNANDO PRESIDENT-EL N/A
Officer
$0 $0 $0
JOHN A SHEA SECRETARY/TR N/A
Officer
$0 $0 $0
RYAN P AVERY PAST-PRESIDE N/A
Officer
$0 $0 $0
ANDREW BARTHOLOMEW DIRECTOR N/A
Director
$0 $0 $0
JAMES C BRADBURY DIRECTOR N/A
Director
$0 $0 $0
RICHARD FARRELL DIRECTOR N/A
Director
$0 $0 $0
LYONEL JEAN-PIERRE DIRECTOR N/A
Director
$0 $0 $0
MARK TWOMBLY LEE DIRECTOR N/A
Director
$0 $0 $0
JOHN J MCMASTER DIRECTOR N/A
Director
$0 $0 $0
NATHAN MORSE DIRECTOR N/A
Director
$0 $0 $0
ELLEN O'CONNOR DIRECTOR N/A
Director
$0 $0 $0
KEVIN POWERS DIRECTOR N/A
Director
$0 $0 $0
COURTNEY PRICE DIRECTOR N/A
Director
$0 $0 $0
PADRAIC RAFFERTY DIRECTOR N/A
Director
$0 $0 $0
MORGAN RUSSELL DIRECTOR N/A
Director
$0 $0 $0
RAQUEL THOMAS DIRECTOR N/A
Director
$0 $0 $0
JORGE VILLALI DIRECTOR N/A
Director
$0 $0 $0
PHILIP WOJTANOWSKI DIRECTOR N/A
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
2025 $344,019 $361,824 $592,850 $-17,805
2024 $379,383 $320,302 $581,863 $59,081
2023 $405,208 $315,631 $527,002 $89,577
2022 $272,927 $277,010 $357,904 $-4,083
2021 $266,128 $261,464 $365,302 $4,664
2020 $254,667 $258,717 $360,458 $-4,050
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