MASSACHUSETTS INDEPENDENT CERTIFICATION INC

EIN: 043557629 501(c)(3) Food, Agriculture & Nutrition

NORTH DIGHTON, MA

Total Revenue
$1,257,141
Total Expenses
$1,216,099
Total Assets
$467,988
Net Assets
$364,514
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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
2003
Legal Domicile
MA
Principal Officer
DON FRANCZYK
Phone
7748725544
Tax Period
2023-01-01 to 2023-12-31

MASSACHUSETTS INDEPENDENT CERTIFICATION INC, founded in 2003, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.2M left a modest 3% surplus.

Mission

MASSACHUSETTS INDEPENDENT CERTIFICATION, INC. IS DEDICATED TO DEVELOPING LOCAL, SUSTAINABLE AGRICULTURE; TO PROMOTING ORGANIC FARMING PRACTICES; AND TO ENHANCING THE ECONOMIC AND ECOLOGICAL VIABILITY OF ORGANIC FARMS AND ORGANIC PROCESSING OPERATIONS.THE ORGANIZATION'S ACCREDITED ORGANIC CERTIFICATION PROGRAM CERTIFIES CROPS, WILD CROPS, LIVESTOCK, AND HANDLER AND PROCESSOR OPERATIONS ANYWHERE IN THE CONTINENTAL UNITED STATES.

Program Service Accomplishments

Program 1
Expenses: $1,185,941 Revenue: $1,257,141

THE ORGANIZATION'S ACCREDITED ORGANIC CERTIFICATION PROGRAM CERTIFIES CROPS, WILD CROPS, LIVESTOCK, AND HANDLER AND PROCESSOR OPERATIONS ANYWHERE IN THE CONTINENTAL UNITED STATES.

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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 $0
Program Service Revenue $1,255,349
Investment Income $0
Other Revenue $1,792
TOTAL REVENUE $1,257,141

Expense Breakdown

Grants Paid $0
Salaries & Benefits $950,184
Fundraising Expenses $0
Program Expenses $1,185,941
Other Expenses $265,915
TOTAL EXPENSES $1,216,099

Year-over-Year Comparison

2023 2022 Change
Revenue $1,257,141 $1,210,669 +0.0%
Expenses $1,216,099 $1,149,214 +0.1%
Net Income $41,042 $61,455 -0.3%
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
7
Independent Members
7
Employees
19
Volunteers
8

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
$108,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL MCGOWAN PRESIDENT 1.00
Officer Director
$0 $0 $0
RACHEL MURRAY TREASURER 1.00
Officer Director
$0 $0 $0
MORGAN KATE DEMASE SECRETARY 1.00
Officer Director
$0 $0 $0
LUC DANG LEFT 32023 BOARD MEMBER 1.00
Director
$0 $0 $0
PETER COOKE BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY PHELAN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIDGET SWEET BOARD MEMBER 1.00
Director
$0 $0 $0
NHAT NYGUYEN BOARD MEMBER 1.00
Director
$0 $0 $0
DON FRANCZYK EXECUTIVE DIRECTOR 40.00
Officer
$103,000 $5,000 $108,000
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 $1,257,141 $1,216,099 $467,988 $41,042
2022 $1,210,669 $1,149,214 $396,937 $61,455
2021 $1,031,486 $1,063,605 $328,259 $-32,119
2020 $1,051,137 $921,651 $353,143 $129,486
2019 $905,457 $903,943 $190,270 $1,514
2018 $820,552 $822,074 $176,993 $-1,522
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