Lowell, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greater Merrimack Valley Convention and Visitors Bureau Inc, founded in 1992, is a small nonprofit that reported $573K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $807K exceeded revenue, resulting in a 41% operating deficit.
The Bureau was established to stimulate the region's economy by promoting and increasing tourism.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $572,772 | $736,043 | -0.2% |
| Expenses | $806,711 | $799,943 | +0.0% |
| Net Income | $-233,939 | $-63,900 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mackenzie Claflin | Clerk | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Courtney Betts | Board member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Darren Bisso | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melisa Tintocalis | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Janet Glonska | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Casey Haggerty | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Allison Carter | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Janet Leggat | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dave Lezenski | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Plath | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Weggemen | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sandhya Iyer | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Muradian | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alex Castilleja | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Christina Pappas | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Keith Vaske | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Beth Williams | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $572,772 | $806,711 | $641,432 | $-233,939 |
| 2023 | $736,043 | $799,943 | $882,357 | $-63,900 |
| 2022 | $1,088,974 | $659,117 | $928,554 | $429,857 |
| 2021 | $516,348 | $500,519 | $470,161 | $15,829 |
| 2020 | $941,920 | $961,407 | $410,274 | $-19,487 |
| 2019 | $1,058,829 | $1,056,777 | $490,020 | $2,052 |
Compare Greater Merrimack Valley Convention and Visitors Bureau Inc with other nonprofits in Massachusetts and across the country.