BOSTON & VICINITY ROOFING INDUSTRY PROMOTION FUND (EIN 046149421) - 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

1966

Legal Domicile

Principal Officer

THOMAS S GUNNING

Phone

7818493220

Tax Period

2024-01-01 to 2024-12-31

BOSTON & VICINITY ROOFING INDUSTRY PROMOTION FUND, founded in 1966, is a small nonprofit that reported $377K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $129K, a strong 34% operating margin.

Mission

FUNDS PROMOTE GENERAL WELFARE OF THE ROOFING INDUSTRY

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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 $334,512

Investment Income $42,122

Other Revenue $0

TOTAL REVENUE $376,634

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $247,234

TOTAL EXPENSES $247,234

Year-over-Year Comparison

	2024	2023	Change
Revenue	$376,634	$319,399	+0.2%
Expenses	$247,234	$238,010	+0.0%
Net Income	$129,400	$81,389	+0.6%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS S GUNNING	EXEC. DIRECTOR & TRUSTEE	10.00	Officer Director	$0	$0	$0
JOSH DAVID	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN MARCONE	PRESIDENT	5.00	Officer 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	$376,634	$247,234	$1,081,415	$129,400
2023	$319,399	$238,010	$902,335	$81,389
2022	$235,073	$165,737	$820,946	$69,336
2021	$213,108	$153,178	$751,610	$59,930
2020	$197,959	$161,520	$694,680	$36,439
2019	$247,528	$161,525	$668,469	$86,003
2018	$242,362	$156,472	$583,638	$85,890

BOSTON & VICINITY ROOFING INDUSTRY PROMOTION FUND