Massachusetts Assn of Residential Care Homes Inc (EIN 043176140) - 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

1992

Legal Domicile

Principal Officer

WILLARD L BASLER

Phone

9785029561

Tax Period

2024-07-01 to 2025-06-30

Massachusetts Assn of Residential Care Homes Inc, founded in 1992, is a small nonprofit that reported $240K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE AN AVENUE OF SUPPORT FOR ESTABLISHING QUALITY STANDARDS FOR RESIDENTIAL CARE FACILITIES THROUGH EDUCATION & INFORMATION SHARING

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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 $239,587

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $239,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,535

Fundraising Expenses $0

Other Expenses $97,628

TOTAL EXPENSES $262,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,587	$364,826	-0.3%
Expenses	$262,163	$231,595	+0.1%
Net Income	$-22,576	$133,231	-1.2%

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

N/A

Employees

N/A

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

$164,535

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD J PAWELSKI	PRESIDENT	35.00	Officer	$150,675	$0	$150,675
WILLARD L BASLER	TREASURER	8.00	Officer	$13,860	$0	$13,860
MICHA SHALEV	VICE PRESIDENT	1.00	Officer	$0	$0	$0
CONDASE WEEKES-BEST	DIRECTOR	1.00	Officer	$0	$0	$0
MICHAEL TURPIN	SECRETARY	1.00	Officer	$0	$0	$0
AZIM NASIR	DIRECTOR	1.00	Officer	$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	$239,587	$262,163	$147,108	$-22,576
2024	$364,826	$231,595	$166,688	$133,231
2023	$120,669	$161,112	$31,664	$-40,443
2022	$223,310	$201,086	$60,170	$22,224

Massachusetts Assn of Residential Care Homes Inc