BOSTON 4 CELEBRATIONS FOUNDATION INC (EIN 043311403) - 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

1995

Legal Domicile

Principal Officer

JEFFREY DUNN

Phone

6176389215

Tax Period

2023-09-01 to 2024-08-31

BOSTON 4 CELEBRATIONS FOUNDATION INC, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Expenses of $3.1M exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE FOR PUBLIC CELEBRATION, CONCERT, AND FIREWORKS ON JULY 4TH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,415,968

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,415,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,710

Program Expenses $2,927,670

Other Expenses $3,074,615

TOTAL EXPENSES $3,074,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,415,968	$2,390,441	+0.0%
Expenses	$3,074,615	$3,248,438	-0.1%
Net Income	$-658,647	$-857,997	-0.2%

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

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

$689,183

Total Directors

$606,954

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD SMITH	PRESIDENT, TRUSTEE	1.00	Officer Director	$0	$5,843	$374,650
KATHERINE DECELLES	TREASURER, TRUSTEE	1.00	Officer Director	$0	$19,130	$232,304
JOSEPH KAMAY	CLERK, TRUSTEE	1.00	Officer Director	$0	$0	$0
PAUL ERIC KRAUSS	VICE-PRESIDENT	1.00	Officer	$0	$11,126	$82,229
GAIL SAMUEL	FORMER PRESIDENT, TRUSTEE	0.00		$0	$11,112	$1,717,195
JEFFREY DUNN	FORMER PRESIDENT, TRUSTEE	0.00		$0	$39,497	$600,987

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	$2,415,968	$3,074,615	$1,165,692	$-658,647
2023	$2,390,441	$3,248,438	$489,144	$-857,997
2022	$1,701,527	$2,976,483	$755,693	$-1,274,956
2021	$177,908	$1,839,396	$1,917,004	$-1,661,488
2020	$3,413,713	$282,277	$3,479,513	$3,131,436
2019	$425,117	$3,146,249	$563,954	$-2,721,132
2018	$151,499	$2,818,340	$2,310,950	$-2,666,841

BOSTON 4 CELEBRATIONS FOUNDATION INC