MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION INC

EIN: 043274599 501(c)(3) Education

BOSTON, MA

Total Revenue
$1,166,902
Total Expenses
$971,175
Total Assets
$1,913,377
Net Assets
$1,838,734
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MA
Principal Officer
WILLIAM WALCZAK
Phone
6177373122
Tax Period
2024-07-01 to 2025-06-30

MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION INC, founded in 1989, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $196K, a strong 17% operating margin.

Mission

THE MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION (MBAE) IS COMMITTED TO EXCELLENCE, OPPORTUNITY AND INNOVATION IN OUR PUBLIC EDUCATION SYSTEM TO PREPARE ALL STUDENTS TO ENGAGE SUCCESSFULLY IN A GLOBAL ECONOMY AND SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $174,730

EDUCATION REFORM - FOR OVER 30 YEARS, MBAE HAS WORKED TO IMPROVE THE COMMONWEALTH'S PUBLIC SCHOOLS ON BEHALF OF EMPLOYERS COMMITTED TO ENSURING ALL STUDENTS GRADUATE HIGH SCHOOL PREPARED FOR SUCCESS...

Read more

EDUCATION REFORM - FOR OVER 30 YEARS, MBAE HAS WORKED TO IMPROVE THE COMMONWEALTH'S PUBLIC SCHOOLS ON BEHALF OF EMPLOYERS COMMITTED TO ENSURING ALL STUDENTS GRADUATE HIGH SCHOOL PREPARED FOR SUCCESS IN COLLEGE, CAREER AND CITIZENSHIP. MBAE IS THE ONLY BUSINESS GROUP WITH A SOLE FOCUS ON EDUCATION. OUR EMPHASIS IS ON SYSTEMIC CHANGE THAT IS SUSTAINABLE AND BENEFITS ALL STUDENTS. AMONG OUR CURRENT OBJECTIVES ARE ENSURING EQUITABLE AND EFFECTIVE DISTRIBUTION AND USE OF FUNDING FOR EDUCATION AND MAKING SURE NEW FUNDING IS USED TO IMPROVE STUDENT LEARNING AND CLOSE ACHIEVEMENT GAPS.

Program 2
Expenses: $225,116

COLLEGE/CAREER READINESS - MBAE IS WORKING TO ENSURE ALL STUDENTS GRADUATE FROM HIGH SCHOOL READY FOR SUCCESS. WE LAUNCHED AND LEAD THE STUDENT PATHWAYS TO SUCCESS COALITION, A CROSS-SECTOR GROUP OF...

Read more

COLLEGE/CAREER READINESS - MBAE IS WORKING TO ENSURE ALL STUDENTS GRADUATE FROM HIGH SCHOOL READY FOR SUCCESS. WE LAUNCHED AND LEAD THE STUDENT PATHWAYS TO SUCCESS COALITION, A CROSS-SECTOR GROUP OF ORGANIZATIONS COMMITTED TO EDUCATIONAL EQUITY THAT IS WORKING TO BUILD STRONGER CONNECTIONS BETWEEN WHAT STUDENTS ARE LEARNING AND THE OPPORTUNITIES THAT AWAIT THEM WHEN THEY GRADUATE FROM HIGH SCHOOL. THE COALITION PROMOTES ECONOMIC OPPORTUNITY AND EQUITY BY WORKING TO EXPAND ACCESS TO STRUCTURED PATHWAYS TO COLLEGE AND CAREER THAT ARE ANCHORED IN PERSONALIZED AND ONGOING CAREER AND COLLEGE COUNSELING THAT INCLUDE OPPORTUNITIES FOR STUDENTS TO EARN COLLEGE CREDIT, PARTICIPATE IN WORK-BASED LEARNING, AND ATTAIN INDUSTRY-RECOGNIZED CREDENTIALS.

Program 3
Expenses: $275,846

AFFILIATE NETWORK & COALITION - MBAE'S WORK IS IN PARTNERSHIP WITH EMPLOYERS AND BUSINESS GROUPS ACROSS THE STATE. THREE OF THE STATE'S MOST INFLUENTIAL STATEWIDE EMPLOYER ORAGANIZATIONS, ASSOCIATED...

Read more

AFFILIATE NETWORK & COALITION - MBAE'S WORK IS IN PARTNERSHIP WITH EMPLOYERS AND BUSINESS GROUPS ACROSS THE STATE. THREE OF THE STATE'S MOST INFLUENTIAL STATEWIDE EMPLOYER ORAGANIZATIONS, ASSOCIATED INDUSTRIES OF MASSACHUSETTS, THE MASSACHUSETTS BUSINESS ROUNDTABLE, AND THE MASSACHUSETTS TAXPAYERS FOUNDATIONN, HAVE SEATS ON OUR BOARD. MBAE HAS ALSO BUILT A SUBSTANTIAL BUSINESS COALITION, THE MBAE AFFILIATE NETWORK, TO HELP US PRESENT A UNIFIED BUSINESS VOICE ON EDUCATION. THE NETWORK CURRENTLY INCLUDES 42 CHAMBERS OF COMMERCE AND INDUSTRY ASSOCIATIONS COLLECTIVELY REPRESENTING MORE THAN 35,000 EMPLOYERS ACROSS THE STATE. THESE GROUPS SHARE OUR COMMITMENT TO ENSURING EVERY STUDENT GETS THE EDUCATION THEY NEED TO BE SUCCESSFUL.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,138,404
Program Service Revenue $0
Investment Income $28,498
Other Revenue $0
TOTAL REVENUE $1,166,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $805,418
Fundraising Expenses $104,737
Program Expenses $675,692
Other Expenses $165,757
TOTAL EXPENSES $971,175

Year-over-Year Comparison

2024 2023 Change
Revenue $1,166,902 $1,174,026 0.0%
Expenses $971,175 $1,022,317 -0.1%
Net Income $195,727 $151,709 +0.3%
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

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
6
Volunteers
32

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
4
$219,682
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM WALCZAK CHAIRMAN/PRESIDENT 3.00
Officer Director
$0 $0 $0
NICK M CHRIST TREASURER 3.00
Officer Director
$0 $0 $0
HENRY C DINGER ESQ CLERK 3.00
Officer Director
$0 $0 $0
TRICIA CANAVAN DIRECTOR 3.00
Director
$0 $0 $0
JD CHESLOFF DIRECTOR 3.00
Director
$0 $0 $0
CHRISTOPHER J DELOREY DIRECTOR 3.00
Director
$0 $0 $0
EMERSON FOSTER DIRECTOR 3.00
Director
$0 $0 $0
DAVID R GAGNON DIRECTOR 3.00
Director
$0 $0 $0
DOUG HOWGATE DIRECTOR 3.00
Director
$0 $0 $0
ALICIA MATTHEWS DIRECTOR 3.00
Director
$0 $0 $0
PETER NESSEN DIRECTOR 3.00
Director
$0 $0 $0
EILEEN RUDDEN DIRECTOR 3.00
Director
$0 $0 $0
BROOKE THOMSON DIRECTOR 3.00
Director
$0 $0 $0
WILLIAM TRIANT DIRECTOR 3.00
Director
$0 $0 $0
AXEL VIGO DIRECTOR 3.00
Director
$0 $0 $0
PAM EDDINGER PRESIDENT 3.00
Director
$0 $0 $0
PATRICIA FILIPPONE DIRECTOR 3.00
Director
$0 $0 $0
NICK L CHRIST DIRECTOR 3.00
Director
$0 $0 $0
CHRISTIAN RIORDAN DIRECTOR 3.00
Director
$0 $0 $0
EDWARD M LAMBERT JR EXECUTIVE DIRECTOR 40.00
Officer
$211,071 $8,611 $219,682
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 $1,166,902 $971,175 $1,913,377 $195,727
2024 $1,174,026 $1,022,317 $1,669,736 $151,709
2023 $480,904 $924,788 $1,536,129 $-443,884
2022 $1,870,834 $694,793 $1,961,816 $1,176,041
2021 $1,330,405 $681,922 $773,585 $648,483
2020 $722,358 $680,706 $254,081 $41,652
2019 $400,913 $741,985 $98,100 $-341,072
2018 $706,762 $538,124 $418,797 $168,638
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION INC with other nonprofits in Massachusetts and across the country.