THE MORY'S ASSOCIATION INC (EIN 060460080) - 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

1912

Legal Domicile

Principal Officer

DEBORAH ARMITAGE

Phone

2035623157

Tax Period

2023-07-01 to 2024-06-30

THE MORY'S ASSOCIATION INC, founded in 1912, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Expenses of $1.8M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MORY'S ASSOCIATION, INC. IS A SOCIAL CLUB. THE OBJECT OF THE ASSOCIATION IS THE PLEASURE AND RECREATION OF ITS MEMBERS.

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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 $152,511

Program Service Revenue $407,555

Investment Income $0

Other Revenue $1,017,855

TOTAL REVENUE $1,577,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,122,152

Fundraising Expenses $0

Other Expenses $711,698

TOTAL EXPENSES $1,833,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,577,921	$1,550,751	+0.0%
Expenses	$1,833,850	$1,740,867	+0.1%
Net Income	$-255,929	$-190,116	+0.3%

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

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
THOMAS B KETCHUM	PRESIDENT	10.00	Officer Director	$0	$0	$0
MEGHAN MCMAHON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DEBORAH ARMITAGE	TREASURER & SECRETARY	5.00	Officer Director	$0	$0	$0
JOSH GEBALLE	GOVERNOR	1.00	Officer Director	$0	$0	$0
WEILI CHENG	GOVERNOR	1.00	Director	$0	$0	$0
BASIE GITLIN	GOVERNOR	1.00	Director	$0	$0	$0
ERIN JOHNSON	GOVERNOR	1.00	Director	$0	$0	$0
PENELOPE LAURANS	GOVERNOR	1.00	Director	$0	$0	$0
JOHN YI	GOVERNOR	1.00	Director	$0	$0	$0
LALANI PERRY	GOVERNOR	1.00	Director	$0	$0	$0
JEREMIAH QUINLAN	GOVERNOR	1.00	Director	$0	$0	$0
MURPHY TEMPLE	GOVERNOR	1.00	Director	$0	$0	$0
CARLA CRUZONI	GENERAL MANAGER	40.00	Highest	$117,075	$9,342	$126,417
DAVID BRAI	CHEF	40.00	Highest	$109,374	$0	$109,374

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	$1,577,921	$1,833,850	$596,364	$-255,929
2023	$1,550,751	$1,740,867	$829,131	$-190,116
2022	$1,303,601	$1,490,436	$1,022,809	$-186,835
2021	$914,840	$1,201,776	$1,242,906	$-286,936
2020	$1,199,041	$1,504,147	$1,400,101	$-305,106
2019	$1,526,711	$1,717,604	$1,719,523	$-190,893

THE MORY'S ASSOCIATION INC