MASSACHUSETTS MEDICAL SOCIETY CHARITABLE & EDUCATIONAL FUND (EIN 046075905) - 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

1955

Legal Domicile

Principal Officer

MICHELE P PUGNAIRE

Phone

7814347178

Tax Period

2024-06-01 to 2025-05-31

MASSACHUSETTS MEDICAL SOCIETY CHARITABLE & EDUCATIONAL FUND, founded in 1955, is a small nonprofit that reported $149K in total revenue in fiscal year 2024.

Mission

ISSUANCE OF MEDICAL STUDENT LOANS TO THIRD AND FOURTH YEAR STUDENTS ENROLLED IN AN ACCREDITED MEDICAL SCHOOL IN THE COMMONWEALTH OF MASSACHUSETTS.

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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 $0

Program Service Revenue $146,896

Investment Income $0

Other Revenue $2,470

TOTAL REVENUE $149,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $117,766

Other Expenses $156,308

TOTAL EXPENSES $156,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$149,366	$153,087	0.0%
Expenses	$156,308	$157,734	0.0%
Net Income	$-6,942	$-4,647	+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

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

Total Directors

$14,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE P PUGNAIRE MD	CHAIR	0.02	Officer Director	$0	$0	$0
MARIE T WALSH CONDON MD	DIRECTOR	0.02	Director	$0	$0	$0
LEE PERRIN MD	DIRECTOR	0.02	Director	$0	$12,500	$14,583
JOSEPH D FEUERSTEIN MD	DIRECTOR	0.02	Director	$0	$0	$0
THOMAS D SEQUIST MD MPH	DIRECTOR	0.02	Director	$0	$0	$0
SPIRO SPANAKIS MD	DIRECTOR	0.02	Director	$0	$0	$0
MAXIM PETROVSKY	DIRECTOR	0.02	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	$149,366	$156,308	No data	$-6,942
2024	$153,087	$157,734	$8,991,241	$-4,647
2023	$164,955	$190,322	$9,013,560	$-25,367
2022	$175,968	$182,771	$8,815,048	$-6,803
2021	$189,555	$186,539	$8,523,031	$3,016
2020	$193,296	$183,809	$8,834,287	$9,487
2019	$196,031	$183,351	$8,411,954	$12,680
2018	$190,111	$182,713	$8,377,899	$7,398

MASSACHUSETTS MEDICAL SOCIETY CHARITABLE & EDUCATIONAL FUND