TIE-BOSTON INC (EIN 043352691) - 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

1997

Legal Domicile

Principal Officer

PURNANAND SARMA

Phone

6172250419

Tax Period

2024-01-01 to 2024-12-31

TIE-BOSTON INC, founded in 1997, is a small nonprofit that reported $495K in total revenue in fiscal year 2024. Expenses of $552K exceeded revenue, resulting in a 12% operating deficit.

Mission

TIE-BOSTON, INC. WAS FORMED IN 1997 WITH ITS CORE MISSION TO FOSTER, ENCOURAGE, AND SUPPORT ENTREPRENEURSHIP IN THE NEW ENGLAND REGION. THROUGH 8 VIBRANT PROGRAMS ON EDUCATION, MENTORING AND NETWORKING, TIE-BOSTON DELIVERS ON CREATING ENTREPRENEURS THAT WILL ADD VALUE TO SOCIETY.

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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 $281,180

Program Service Revenue $187,010

Investment Income $26,827

Other Revenue $0

TOTAL REVENUE $495,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $267,072

Fundraising Expenses $0

Program Expenses $394,485

Other Expenses $285,073

TOTAL EXPENSES $552,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$495,017	$492,300	+0.0%
Expenses	$552,145	$522,102	+0.1%
Net Income	$-57,128	$-29,802	+0.9%

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

N/A

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

$115,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YASH SHAH	FORMER PRESIDENT	10.00	Officer Director	$0	$0	$0
RAKESH KAMDAR	FORMER TREASURER	5.00	Officer Director	$0	$0	$0
DAVID BARBASH	SECRETARY/CLERK	5.00	Officer Director	$0	$0	$0
ANU CHITRAPU	DIRECTOR	1.00	Director	$0	$0	$0
MEGHA DESAIR	DIRECTOR	1.00	Director	$0	$0	$0
SHIRISH NIMGAONKAR	DIRECTOR	1.00	Director	$0	$0	$0
ANUPENDRA SHARMA	DIRECTOR	1.00	Director	$0	$0	$0
GEETHA SREEDHAR	DIRECTOR	1.00	Director	$0	$0	$0
PURNANAND SARMA	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOE FALCAO	TREASURER	5.00	Officer Director	$0	$0	$0
GAURAV MALLIK	DIRECTOR	5.00	Director	$0	$0	$0
PRAMOD KALYANASUNDARAM	DIRECTOR	1.00	Director	$0	$0	$0
SUNITA KANCHINADAM	DIRECTOR	1.00	Director	$0	$0	$0
ALOK PRASAD	DIRECTOR	1.00	Director	$0	$0	$0
SWARNA BALASUBRAMANIAM	DIRECTOR	1.00	Director	$0	$0	$0
ROWENA K MASCARENHAS	EXECUTIVE DIRECTOR	40.00	Officer	$109,500	$6,000	$115,500

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	$495,017	$552,145	$902,425	$-57,128
2023	$492,300	$522,102	$966,739	$-29,802
2022	$611,943	$602,124	$982,569	$9,819
2021	$579,593	$376,209	$981,123	$203,384
2020	$309,826	$260,848	$823,218	$48,978
2019	$564,345	$562,184	$685,765	$2,161
2018	$464,639	$585,930	$677,265	$-121,291

TIE-BOSTON INC