Massachusetts Family Institute Inc (EIN 043113783) - 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

Phone

7815690400

Tax Period

2024-01-01 to 2024-12-31

Massachusetts Family Institute Inc, founded in 1990, is a small nonprofit in the Health Care sector that reported $948K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

The Massachusetts Family Institute (MFI) is a non-partisan public policy organization dedicated to strengthening families in Massachusetts. MFI engages in research and education of a wide range of public policy issues to strengthen the well-being, health and safety of families.

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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 $979,196

Program Service Revenue $0

Investment Income $3,942

Other Revenue $-35,383

TOTAL REVENUE $947,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $629,678

Fundraising Expenses $115,714

Program Expenses $519,658

Other Expenses $314,448

TOTAL EXPENSES $944,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$947,755	$808,987	+0.2%
Expenses	$944,126	$1,066,497	-0.1%
Net Income	$3,629	$-257,510	-1.0%

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

$257,179

Total Directors

$194,020

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Stubblebine	Chairman	2.0	Officer Director	$0	$0	$0
Ian Huyett	President (part year)	40.0	Officer Director	$59,180	$0	$59,180
James Kulig	Treasurer	2.0	Officer Director	$0	$0	$0
Len Picard	Secretary	2.0	Officer Director	$0	$0	$0
Michael King	CEO/Acting President	40.0	Officer Director	$134,840	$0	$134,840
Mike Gilleran	Vice Chair	2.0	Officer Director	$0	$0	$0
Rob Bradley	Vice Chair	2.0	Officer Director	$0	$0	$0
Alan Ringuete	Director	2.0	Director	$0	$0	$0
Andrew Beckwith	President Emeritus/Director	2.0	Director	$0	$0	$0
Anita Fritze	Director	2.0	Director	$0	$0	$0
Brigitte Senkler	Director	2.0	Director	$0	$0	$0
Charbel Najem	Director	2.0	Director	$0	$0	$0
Elise Almeyda	Director	2.0	Director	$0	$0	$0
Hope Vassos	Director	2.0	Director	$0	$0	$0
James Sideras	Director	2.0	Director	$0	$0	$0
John DeMatteo	Director	2.0	Director	$0	$0	$0
Kevin Perry	Director	2.0	Director	$0	$0	$0
Lisa Senkler	Director	2.0	Director	$0	$0	$0
Luis Morales	Director	2.0	Director	$0	$0	$0
Mark Wambolt	Director	2.0	Director	$0	$0	$0
Nan Li	Director	2.0	Director	$0	$0	$0
Nancy Bradley	Director	2.0	Director	$0	$0	$0
Patrick Burke	Director	2.0	Director	$0	$0	$0
Philip Jackson	Director	2.0	Director	$0	$0	$0
Ray Ruddy	Director	2.0	Director	$0	$0	$0
Rick Stoppe	Director	2.0	Director	$0	$0	$0
Ron Brandt	Director	2.0	Director	$0	$0	$0
Shuang Stoppe	Director	2.0	Director	$0	$0	$0
Todd Polando	Director	2.0	Director	$0	$0	$0
Wally Weld	Director	2.0	Director	$0	$0	$0
Kent Scott	Chief Operating Officer	40.0	Officer	$63,159	$0	$63,159
Samuel Whiting	General Counsel	40.0	Highest	$103,450	$0	$103,450

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
2024	$947,755	$944,126	$998,704	$3,629
2023	$808,987	$1,066,497	$939,909	$-257,510
2022	$1,355,233	$768,241	$1,132,383	$586,992
2021	$896,626	$640,699	$569,380	$255,927
2020	$598,427	$543,784	$327,042	$54,643
2019	$572,865	$538,814	$206,827	$34,051
2018	$527,075	$535,757	$156,712	$-8,682

Massachusetts Family Institute Inc