GREATER BOSTON MANUFACTURING PARTNERSHIP INC (EIN 043256378) - 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

1994

Legal Domicile

Principal Officer

DANIEL J FLEMING

Phone

6173127702

Tax Period

2024-01-01 to 2024-12-31

GREATER BOSTON MANUFACTURING PARTNERSHIP INC, founded in 1994, is a community nonprofit in the Employment sector that reported $3.5M in total revenue in fiscal year 2024.

Mission

TO SUSTAIN A STRONG AND VIBRANT REGIONAL ECONOMY BY IMPROVING THE PROFITABILITY AND COMPETITIVENESS OF MANUFACTURERS AND HEALTH CARE DELIVERY ORGANIZATION AND THEIR SUPPORTING INFRASTRUCTURE AND OTHER OPERATIONS, THROUGH TRAINING IN LEAN MANUFACTURING AND CONTINUOUS IMPROVEMENT PRINCIPLES. ALSO TO PROMOTE SUCCESSFUL IMPLEMENTATIONS AND PROVIDE OUTREACH TO AID IN INVESTMENT DECISIONS PERTAINING TO CLIENT'S OPERATIONS AND HELP PERPETUATE A POSITIVE FUTURE FOR THE INDUSTRY.

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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 $77,652

Program Service Revenue $3,408,426

Investment Income $23,107

Other Revenue $1,332

TOTAL REVENUE $3,510,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,480,703

Fundraising Expenses $0

Program Expenses $2,834,029

Other Expenses $1,201,071

TOTAL EXPENSES $3,681,774

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,510,517	$3,384,173	+0.0%
Expenses	$3,681,774	$3,491,637	+0.1%
Net Income	$-171,257	$-107,464	+0.6%

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

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

$377,586

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL TAMASI	CHAIRMAN	0.50	Officer Director	$0	$0	$0
PETER HUNTER	TREASURER	0.50	Officer Director	$0	$0	$0
TOM SULLIVAN	DIRECTOR	0.50	Director	$0	$0	$0
DON WALSH	DIRECTOR	0.50	Director	$0	$0	$0
ARTHUR TRAPOTSIS	DIRECTOR	0.50	Director	$0	$0	$0
JILLIAN BERRY JAEKER	DIRECTOR	0.50	Director	$0	$0	$0
BRET WATSON	DIRECTOR	0.50	Director	$0	$0	$0
KARIN CARLSON	DIRECTOR (SINCE OCT '24)	0.50	Director	$0	$0	$0
JORDAN PECK	DIRECTOR (SINCE OCT '24)	0.50	Director	$0	$0	$0
WILJEANA GLOVER	DIRECTOR	0.50	Director	$0	$0	$0
ERIC DICKSON	DIRECTOR	0.50	Director	$0	$0	$0
JAKE STILES	DIRECTOR	0.50	Director	$0	$0	$0
STEVE SPEAR	DIRECTOR	0.50	Director	$0	$0	$0
BRUCE WATKINS	DIRECTOR	0.50	Director	$0	$0	$0
BRUCE HAMILTON	PRESIDENT/CEO	40.00	Officer	$319,852	$57,734	$377,586
RONALD PUJALTE	CI MANAGER	40.00	Highest	$285,350	$38,462	$323,812
DANIEL J FLEMING	DIRECTOR OF CONSULTING SERVICES	40.00	Highest	$256,500	$30,131	$286,631
ROBERT ELLIOT	CI MANAGER	40.00	Highest	$181,725	$31,402	$213,127
WILLIAM MCGILL	CI MANAGER	40.00	Highest	$169,003	$34,787	$203,790
JAMIE MILLMAN	DIRECTOR OF MARKETING	40.00	Highest	$175,098	$19,847	$194,945

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	$3,510,517	$3,681,774	$1,526,801	$-171,257
2023	$3,384,173	$3,491,637	$1,680,017	$-107,464
2022	$3,329,927	$3,178,240	$1,908,074	$151,687
2021	$3,021,530	$2,763,959	$1,527,539	$257,571
2020	$2,412,382	$2,626,690	$1,085,937	$-214,308
2019	$3,102,250	$3,143,580	$1,400,461	$-41,330
2018	$3,195,297	$3,126,038	$1,411,295	$69,259

GREATER BOSTON MANUFACTURING PARTNERSHIP INC