NEW AMERICAN ASSOCIATION OF MASSACHUSETTS INC (EIN 043102943) - 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

1990

Legal Domicile

Principal Officer

NATASHA SOOLKIN

Phone

7815930100

Tax Period

2024-07-01 to 2025-06-30

NEW AMERICAN ASSOCIATION OF MASSACHUSETTS INC, founded in 1990, is a community nonprofit in the Community Improvement sector that reported $4.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 10% surplus.

Mission

PROVIDES EMPLOYMENT ASSISTANCE, VOCATIONAL TRAINING, AND OTHER SERVICES TO REFUGEES AND IMMIGRANTS.

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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 $4,452,532

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,452,532

Expense Breakdown

Grants Paid $237,144

Salaries & Benefits $2,630,526

Fundraising Expenses $69,655

Program Expenses $3,376,469

Other Expenses $1,080,393

TOTAL EXPENSES $4,004,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,452,532	$4,020,812	+0.1%
Expenses	$4,004,667	$3,689,533	+0.1%
Net Income	$447,865	$331,279	+0.4%

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

$145,491

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANALESA BARAKA	DIRECTOR	1.00	Director	$0	$0	$0
DANY CHHAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROMELL KIDD	TREASURER	1.00	Officer Director	$0	$0	$0
JULIE JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
RASHA MIKHEAL	DIRECTOR	1.00	Director	$0	$0	$0
HARENA GEBREYESUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
NEESHA SUAREZ	SECRETARY/CLERK	1.00	Officer Director	$0	$0	$0
NATASHA SOOLKIN	EXECUTIVE DIRECTOR	40.00	Officer	$101,846	$0	$101,846
DAVID KEENE	OUTSOURCED CHIEF FINANCIAL OFFICER	6.00	Officer	$43,645	$0	$43,645

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	$4,452,532	$4,004,667	$2,134,435	$447,865
2024	$4,020,812	$3,689,533	$1,221,353	$331,279
2023	$2,791,191	$2,796,024	$1,053,649	$-4,833
2022	$1,971,668	$1,734,559	$834,116	$237,109
2021	$1,382,824	$1,241,794	$562,642	$141,030
2020	$1,137,039	$1,061,558	$414,018	$75,481
2019	$859,411	$805,705	$249,423	$53,706

NEW AMERICAN ASSOCIATION OF MASSACHUSETTS INC