Massachusetts Elks Charitable Trust (EIN 043244615) - 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

Mark W Cronin

Phone

5087211496

Tax Period

2023-06-01 to 2024-05-31

Massachusetts Elks Charitable Trust, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $444K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 23% operating margin.

Mission

To provide educational scholarships, youth activities, and other programs to the youth.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $443,368

Program Service Revenue $0

Investment Income $998

Other Revenue $0

TOTAL REVENUE $444,366

Expense Breakdown

Grants Paid $336,635

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $336,635

Other Expenses $6,096

TOTAL EXPENSES $342,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$444,366	$338,080	+0.3%
Expenses	$342,731	$336,979	+0.0%
Net Income	$101,635	$1,101	+91.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark W Cronin	Trustee	2.00	Officer Director	$0	$0	$0
John J White	Trustee	2.00	Officer Director	$0	$0	$0
David Charbonneau	Trustee	2.00	Officer Director	$0	$0	$0
Peter Plecinoga	Trustee	2.00	Officer Director	$0	$0	$0
Dennis Durant	Trustee	2.00	Officer Director	$0	$0	$0
Steven W Hardy	Trustee	2.00	Officer Director	$0	$0	$0
Michael A Delfino	Trustee	2.00	Officer 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
2025	No data	No data	No data	No data
2024	$444,366	$342,731	$650,158	$101,635
2023	$338,080	$336,979	$546,423	$1,101
2022	$328,382	$286,100	$545,322	$42,282
2021	$349,277	$306,898	$503,040	$42,379
2020	$352,815	$320,376	$462,361	$32,439
2019	$336,948	$302,159	$428,222	$34,789

Massachusetts Elks Charitable Trust