FRAMINGHAM UNION AID ASSOC INC

EIN: 046115858 501(c)(3)

FRAMINGHAM, MA

Total Revenue
$-4,033
Total Expenses
$32,564
Total Assets
$214,377
Net Assets
$214,377
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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

Principal Officer
MEEGHAN FORD
Phone
5088724102
Tax Period
2020-05-01 to 2021-04-30

FRAMINGHAM UNION AID ASSOC INC is a micro nonprofit that reported $4K in total revenue in fiscal year 2020. Revenue fell 118% from the prior year — a significant decline worth monitoring.

Mission

FRAMINGHAM UNION AID ASSOCIATION PROVIDES SERVICE AND SUPPORT TO IMPROVE THE HEALTH STATUS OF PERSONS WHO LIVE AND WORK IN THE METROWEST AREA.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,035
Program Service Revenue $0
Investment Income $2,964
Other Revenue $-9,032
TOTAL REVENUE $-4,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,159
Other Expenses $32,564
TOTAL EXPENSES $32,564

Year-over-Year Comparison

2020 2019 Change
Revenue $-4,033 $22,663 -1.2%
Expenses $32,564 $19,896 +0.6%
Net Income $-36,597 $2,767 -14.2%
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
22
Independent Members
22
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE AHEARN TREASURER N/A
Officer Director
$0 $0 $0
MEEGHAN FORD ASST TREASUR N/A
Officer Director
$0 $0 $0
MELISSA FORD PRESIDENT N/A
Officer Director
$0 $0 $0
BRENDA GLIDDEN SECRETARY N/A
Officer Director
$0 $0 $0
MARGIT SMITH DIRECTOR N/A
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
2021 $-4,033 $32,564 $214,377 $-36,597
2020 $22,663 $19,896 $200,465 $2,767
2019 $43,016 $45,964 $221,833 $-2,948
2018 $56,624 $45,046 $219,330 $11,578
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