CENTER FOR TECHNOLOGY COMMERCIALIZATION

EIN: 043134046 501(c)(3)

WESTBOROUGH, MA

Total Revenue
$86,303
Total Expenses
$42,555
Total Assets
$21,438
Net Assets
$-43,111
🔒

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
1991
Legal Domicile
MA
Principal Officer
THOMAS J KENNEDY
Phone
5082439720
Tax Period
2019-01-01 to 2019-12-31

CENTER FOR TECHNOLOGY COMMERCIALIZATION, founded in 1991, is a micro nonprofit that reported $86K in total revenue in fiscal year 2019. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $44K, a strong 51% operating margin.

Mission

TECHNOLOGY TRANSFER

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $86,303
Investment Income $0
Other Revenue $0
TOTAL REVENUE $86,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,044
Fundraising Expenses $0
Program Expenses $42,555
Other Expenses $23,511
TOTAL EXPENSES $42,555

Year-over-Year Comparison

2019 2018 Change
Revenue $86,303 $72,601 +0.2%
Expenses $42,555 $31,358 +0.4%
Net Income $43,748 $41,243 +0.1%
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
4
Employees
3
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
2
$9,343
Total Directors
5
$9,343
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS J KENNEDY CEO 8.00
Officer Director
$9,343 $0 $9,343
GEORGE RABSTEJNEK TRUSTEE 0.50
Director
$0 $0 $0
DONALD C FRASER TRUSTEE 0.50
Director
$0 $0 $0
ATTORNEY DM MOSCHOS CLERK 0.50
Officer Director
$0 $0 $0
PETER CARNES TRUSTEE 0.50
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
2019 $86,303 $42,555 $21,438 $43,748
2018 $72,601 $31,358 $19,230 $41,243
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CENTER FOR TECHNOLOGY COMMERCIALIZATION with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.