THE PRAY FAMILY FOUNDATION

EIN: 043395604 501(c)(3) Medical Research

SEEKONK, MA

Total Revenue
$170,081
Total Expenses
$126,193
Total Assets
$225,038
Net Assets
$225,038
🔒

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
1997
Legal Domicile
MA
Principal Officer
SCOTT PRAY
Phone
5083840588
Tax Period
2023-01-01 to 2023-12-31

THE PRAY FAMILY FOUNDATION, founded in 1997, is a small nonprofit in the Medical Research sector that reported $170K in total revenue in fiscal year 2023. The organization ran a surplus of $44K, a strong 26% operating margin.

Mission

ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDINGMAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES UNDER IRC SECTION 501(C)(3).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $170,081
TOTAL REVENUE $170,081

Expense Breakdown

Grants Paid $116,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,193
Other Expenses $10,193
TOTAL EXPENSES $126,193

Year-over-Year Comparison

2023 2022 Change
Revenue $170,081 $177,506 0.0%
Expenses $126,193 $221,588 -0.4%
Net Income $43,888 $-44,082 -2.0%
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
2
Independent Members
2
Employees
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT PRAY PRESIDENT 1.00
Director
$0 $0 $0
CAROL PRAY VICE PRESIDENT 1.00
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
2024 No data No data No data No data
2023 $170,081 $126,193 $225,038 $43,888
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE PRAY FAMILY FOUNDATION with other nonprofits in Massachusetts and across the country.