BOSTON PUBLIC MARKET ASSOCIATION INC

EIN: 043556884 501(c)(3) Public & Societal Benefit

BOSTON, MA

Total Revenue
$2,733,568
Total Expenses
$3,395,250
Total Assets
$9,795,226
Net Assets
$8,252,513
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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
2001
Legal Domicile
MA
Principal Officer
CHERYL CRONIN
Phone
6179734909
Tax Period
2023-01-01 to 2023-12-31

BOSTON PUBLIC MARKET ASSOCIATION INC, founded in 2001, is a community nonprofit in the Public & Societal Benefit sector that reported $2.7M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $3.4M exceeded revenue, resulting in a 24% operating deficit.

Mission

OUR MISSION IS TO CONTINUE TO DEVELOP AND OPERATE A PERMANENT YEAR-ROUND MARKET IN BOSTON AND TO SUPPORT THE FARMERS, FISHERS, AND ENTREPRENEURS WHO GROW, CATCH, AND PRODUCE LOCAL FOOD, AND TO NOURISH OUR COMMUNITY WITH FOOD AND EXPERIENCES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $971,476
Program Service Revenue $1,291,354
Investment Income $0
Other Revenue $470,738
TOTAL REVENUE $2,733,568

Expense Breakdown

Grants Paid $0
Salaries & Benefits $796,646
Fundraising Expenses $122,989
Program Expenses $3,007,212
Other Expenses $2,598,604
TOTAL EXPENSES $3,395,250

Year-over-Year Comparison

2023 2022 Change
Revenue $2,733,568 $2,523,196 +0.1%
Expenses $3,395,250 $2,653,685 +0.3%
Net Income $-661,682 $-130,489 +4.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
12
Volunteers
22

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
$286,318
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID CLARK BOARD CHAIR 2.50
Officer Director
$0 $0 $0
MARY JO MEISNER VICE CHAIR 0.25
Officer Director
$0 $0 $0
ADAM MARGOLIN TREASURER 0.25
Officer Director
$0 $0 $0
LISA SEBESTA DIRECTOR 0.25
Director
$0 $0 $0
JAN SAGLIO DIRECTOR 0.25
Director
$0 $0 $0
KURT HEMR DIRECTOR 0.25
Director
$0 $0 $0
SAM THAKARAR DIRECTOR (UNTIL 2023) 0.25
Director
$0 $0 $0
LAUREN K STEIN DIRECTOR 0.25
Director
$0 $0 $0
DONALD WIEST DIRECTOR 0.25
Director
$0 $0 $0
MARLO FOGELMAN DIRECTOR 0.25
Director
$0 $0 $0
PRATT WILEY DIRECTOR 0.25
Director
$0 $0 $0
CHERYL CRONIN CEO 40.00
Officer
$275,000 $11,318 $286,318
CHELSEA DOLINER DIRECTOR OF MARKETING & COMMS. 40.00
Highest
$102,692 $0 $102,692
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 $2,733,568 $3,395,250 $9,795,226 $-661,682
2022 $2,523,196 $2,653,685 $10,512,049 $-130,489
2021 $1,304,589 $2,138,442 $10,519,355 $-833,853
2020 $1,886,168 $2,259,302 $11,449,580 $-373,134
2019 $1,737,815 $2,575,041 $11,582,740 $-837,226
2019 $1,728,994 $2,560,391 $11,641,754 $-831,397
2018 $1,720,268 $2,705,213 $12,249,864 $-984,945
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