Friends of Milano Center Inc (EIN 202355985) - 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

2005

Legal Domicile

Principal Officer

Joan Cassidy

Phone

7816654304

Tax Period

2020-01-01 to 2020-12-31

Friends of Milano Center Inc, founded in 2005, is a small nonprofit in the Human Services sector that reported $215K in total revenue in fiscal year 2020. The organization ran a surplus of $203K, a strong 95% operating margin.

Mission

To help, aid, and support the elderly people of the City of Melrose, Massachusetts in need of services and provide information as to the availability of these services.

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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 (2020)

Revenue Breakdown

Contributions & Grants $200,925

Program Service Revenue $0

Investment Income $13,665

Other Revenue $0

TOTAL REVENUE $214,590

Expense Breakdown

Grants Paid $9,199

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,977

Other Expenses $1,897

TOTAL EXPENSES $11,096

Year-over-Year Comparison

	2020	2019	Change
Revenue	$214,590	N/A	N/A
Expenses	$11,096	N/A	N/A
Net Income	$203,494	N/A	N/A

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
Joan Cassidy	President	1.00	Officer	$0	$0	$0
Carol Mahoney	Clerk	1.00	Officer	$0	$0	$0
Marie Ryan	Vice President	1.00	Officer	$0	$0	$0
Maia Moran	Treasurer	1.00	Officer	$0	$0	$0
David Kelley	Director	0.00	Director	$0	$0	$0
Diane DeVivo	Director	0.00	Director	$0	$0	$0
Martin Stanton	Director	0.00	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
2020	$214,590	$11,096	$418,411	$203,494

Friends of Milano Center Inc