MASSACHUSETTS ASSISTED LIVING ASSOCIATION INC (EIN 043237159) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

BRIAN DOHERTY

Phone

7816225999

Tax Period

2024-01-01 to 2024-12-31

MASSACHUSETTS ASSISTED LIVING ASSOCIATION INC, founded in 1994, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 4% surplus.

Mission

PROMOTION AND SUPPORT OF ASSISTED LIVING FACILITY PROVIDERS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,553,082

Investment Income $32,715

Other Revenue $124,975

TOTAL REVENUE $1,710,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $878,811

Fundraising Expenses $0

Other Expenses $766,830

TOTAL EXPENSES $1,645,641

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,710,772	$1,572,505	+0.1%
Expenses	$1,645,641	$1,655,001	0.0%
Net Income	$65,131	$-82,496	-1.8%

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

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

$277,948

Total Directors

$277,948

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN DOHERTY	PRESIDENT, CEO & EX-OFFICIER	39.00	Officer Director	$253,365	$24,583	$277,948
BETH ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTINA GREENBURG	DIRECTOR OF MARKETING & CO	40.00	Highest	$110,779	$27,100	$137,879
WENDY NOWOKUNSKI	CHAIR	1.00	Officer Director	$0	$0	$0
TIMOTHY DUROSS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WALTER OHANIAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTOPHER CULLEN	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
TADD CLELLAND	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN COPPOLA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GORDON	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW HOLLINGSHEAD	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES JAMES	DIRECTOR	1.00	Director	$0	$0	$0
BODO LIESENFELD	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN RICCI	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE S ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW SALMON	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA SHUSTER	DIRECTOR	1.00	Director	$0	$0	$0
BETH SAMPATH	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CASALE JR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MORAN	DIRECTOR UNTIL 03/24	1.00	Director	$0	$0	$0
NANCY MOORE	DIRECTOR	1.00	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
2024	$1,710,772	$1,645,641	$882,110	$65,131
2023	$1,572,505	$1,655,001	$642,732	$-82,496
2022	$1,501,223	$1,471,178	$842,408	$30,045
2021	$1,553,838	$1,420,395	$835,837	$133,443
2020	$1,309,341	$1,326,327	$606,028	$-16,986
2019	$1,407,481	$1,502,788	$577,577	$-95,307
2018	$1,259,020	$1,434,023	$665,517	$-175,003

MASSACHUSETTS ASSISTED LIVING ASSOCIATION INC