COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MASS (EIN 043371170) - 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

CORINN WILLIAMS

Phone

5089794684

Tax Period

2024-10-01 to 2025-09-30

COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MASS, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 46% operating margin.

Mission

COMMUNITY OUTREACH, COMPUTER TRAINING, TECHNICAL ASSISTANCE AND IMMIGRANT ASSISTANCE AND JOB PLACEMENT.

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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 $2,353,723

Program Service Revenue $0

Investment Income $0

Other Revenue $3,430

TOTAL REVENUE $2,357,153

Expense Breakdown

Grants Paid $0

Salaries & Benefits $683,687

Fundraising Expenses $0

Program Expenses $1,216,658

Other Expenses $600,439

TOTAL EXPENSES $1,284,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,357,153	$3,220,141	-0.3%
Expenses	$1,284,126	$1,167,494	+0.1%
Net Income	$1,073,027	$2,052,647	-0.5%

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

$182,798

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS BENAVIDES	DIRECTOR	2.00	Director	$0	$0	$0
DEIDRE HEALY	PRESIDENT	2.00	Officer Director	$0	$0	$0
GLORIA M DE SA	CLERK	2.00	Officer Director	$0	$0	$0
BRITTANY JENNEY	TREASURER	2.00	Officer Director	$0	$0	$0
CORINN WILLIAMS	CEO	40.00	Officer	$89,760	$9,087	$98,847
BRIAN PASTORI	CFO	40.00	Officer	$75,200	$8,751	$83,951
DEBORAH DYSON	DIRECTOR	2.00	Director	$0	$0	$0
ESTELA DELACRUZ	DIRECTOR	2.00	Director	$0	$0	$0
JACOB MILLER	DIRECTOR	2.00	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	$2,357,153	$1,284,126	$5,216,969	$1,073,027
2024	$3,220,141	$1,167,494	$4,555,896	$2,052,647
2023	$1,433,095	$1,065,726	$1,702,430	$367,369
2022	$937,150	$725,050	$1,480,699	$212,100
2021	$1,046,452	$838,871	$1,234,397	$207,581
2020	$1,244,613	$586,198	$1,116,910	$658,415
2019	$444,235	$398,399	$564,849	$45,836
2018	$309,095	$316,969	$157,367	$-7,874

COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MASS