Massachusetts Bar Foundation Inc (EIN 046130261) - 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

1964

Legal Domicile

Principal Officer

G PERRY WU ESQ

Phone

6173380500

Tax Period

2024-01-01 to 2024-12-31

Massachusetts Bar Foundation Inc, founded in 1964, is a mid-sized nonprofit in the Crime & Legal sector that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 31% operating margin.

Mission

THE MASSACHUSETTS BAR FOUNDATION WAS ORGANIZED TO COLLECT AND DISTRIBUTE FUNDS TO PROGRAMS THROUGHOUT MASSACHUSETTS THAT ENHANCE THE DELIVERY OF CIVIL LEGAL SERVICES TO LOW INCOME INDIVIDUALS, ADVANCE LAW-RELATED AND JUDICIAL EDUCATION, AND IMPROVE THE ADMINISTRATION OF JUSTICE AND THE PUBLIC AWARENESS OF THE LAW.

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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 $10,255,243

Program Service Revenue $0

Investment Income $478,402

Other Revenue $-73,107

TOTAL REVENUE $10,660,538

Expense Breakdown

Grants Paid $6,530,381

Salaries & Benefits $327,082

Fundraising Expenses $111,662

Program Expenses $6,641,665

Other Expenses $448,587

TOTAL EXPENSES $7,306,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,660,538	$8,624,158	+0.2%
Expenses	$7,306,050	$4,354,306	+0.7%
Net Income	$3,354,488	$4,269,852	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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

$167,271

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSANNAH THOMAS	Executive Director	40.0	Officer	$0	$33,258	$167,271
G PERRY WU ESQ	PRESIDENT	1.0	Officer Director	$0	$0	$0
MELISSA LANGA ESQ	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
EDWARD F DOMBROSKI JR ESQ	TREASURER	1.0	Officer Director	$0	$0	$0
PAUL J KLEHM ESQ	SECRETARY	1.0	Officer Director	$0	$0	$0
HON MEGAN H CHRISTOPHER	TRUSTEE	1.0	Director	$0	$0	$0
KIMBERLY E WINTER ESQ	TRUSTEE	1.0	Director	$0	$0	$0
HON MARGUERITE T GRANT	TRUSTEE	1.0	Director	$0	$0	$0
JAMES F MARTIN ESQ	TRUSTEE	1.0	Director	$0	$0	$0
MAGARET J HURLEY ESQ	TRUSTEE	1.0	Director	$0	$0	$0
Michael J Leard Esq	TRUSTEE	1.0	Director	$0	$0	$0
HON MARK D MASON	TRUSTEE	1.0	Director	$0	$0	$0
CHRISTOPHER P SULLIVAN ESQ	TRUSTEE	1.0	Director	$0	$0	$0
FRANK J CIANO ESQ	TRUSTEE	1.0	Director	$0	$0	$0
Patrick Francomano Esq	TRUSTEE	1.0	Director	$0	$0	$0
Tara Dunn Jackson Esq	TRUSTEE	1.0	Director	$0	$0	$0
Mary Jeanne Stone ESQ	TRUSTEE	1.0	Director	$0	$0	$0
Akosua A Agyepong Esq	TRUSTEE	1.0	Director	$0	$0	$0
Patrice C Dixon Esq	TRUSTEE	1.0	Director	$0	$0	$0
Hon Jonathan J Kane	TRUSTEE	1.0	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	$10,660,538	$7,306,050	$20,312,820	$3,354,488
2023	$8,597,967	$4,328,115	$14,454,668	$4,269,852
2022	$4,148,301	$3,188,298	$9,089,779	$960,003
2021	$2,757,602	$3,133,358	$9,097,604	$-375,756
2020	$3,507,832	$2,937,959	$8,973,230	$569,873
2019	$3,724,063	$2,810,473	$7,978,288	$913,590
2018	$2,568,004	$2,697,456	$6,603,922	$-129,452

Massachusetts Bar Foundation Inc