TECHNOLOGY CHAPTER ALUMNI ASSOCIAT… - Form 990 Financial Data

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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

1906

Legal Domicile

Principal Officer

Kelly McGee

Phone

6174488307

Tax Period

2023-09-01 to 2024-08-31

TECHNOLOGY CHAPTER ALUMNI ASSOCIATION, founded in 1906, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 23% operating margin.

Mission

Provide housing and educational facilities to undergraduate students at the Massachusetts Institute of Technology.

Program Service Accomplishments

Program 1

Maintain the premise and provided housing and educational facilities to students at the Massachusetts Institute of Technology.

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,212

Program Service Revenue $154,100

Investment Income $6,002

Other Revenue $18,789

TOTAL REVENUE $209,103

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $161,423

TOTAL EXPENSES $161,423

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,103	$178,105	+0.2%
Expenses	$161,423	$138,471	+0.2%
Net Income	$47,680	$39,634	+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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelly McGee	President	2.00	Director	$0	$0	$0
Pat McCabe	Director	1	Director	$0	$0	$0
Jeremy Bogle	Director	1	Director	$0	$0	$0
Tim Kralj	Director	1	Director	$0	$0	$0
Kyle Archer	Vice President	1	Director	$0	$0	$0
Stephen Barrett	Director	1	Director	$0	$0	$0
Brett Allen	Director	1	Director	$0	$0	$0
Tim McGettigan	Treasurer	1	Officer	$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	No data	No data	No data	No data
2024	$209,103	$161,423	$209,144	$47,680
2023	$178,105	$138,471	$181,511	$39,634
2022	$236,965	$147,810	$160,956	$89,155
2021	$135,010	$169,101	$93,648	$-34,091
2020	$171,512	$107,970	$146,094	$63,542

TECHNOLOGY CHAPTER ALUMNI ASSOCIATION