MIT CLUB OF BOSTON INC (EIN 222610433) - 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

1984

Legal Domicile

Principal Officer

NATALIA OLIVE

Phone

6173089795

Tax Period

2023-07-01 to 2024-06-30

MIT CLUB OF BOSTON INC, founded in 1984, is a micro nonprofit that reported $85K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $98K exceeded revenue, resulting in a 16% operating deficit.

Mission

MIT CLUB OF BOSTON IS AN INDEPENDENT, VOLUNTEER RUN NON-PROFIT THAT SERVES THE COMMUNITY OF LOCAL MIT ALUMNI, STAFF AND PARENTS OF CURRENT STUDENTS. THE CLUB'S MISSION IS TO PROVIDE VALUE AND BUILD CONNECTIONS ACROSS OUR CONSTITUENCY THROUGH SOCIAL ACTIVITIES, EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT EVENTS, AND COMMUNITY SERVICE PROJECTS, INCLUDING FUNDING THE CLUB OF BOSTON SCHOLARSHIP FUND

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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 $25,768

Program Service Revenue $58,859

Investment Income $22

Other Revenue $0

TOTAL REVENUE $84,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,665

Other Expenses $98,194

TOTAL EXPENSES $98,194

Year-over-Year Comparison

	2023	2022	Change
Revenue	$84,649	$115,552	-0.3%
Expenses	$98,194	$116,459	-0.2%
Net Income	$-13,545	$-907	+13.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYATRI ARYAN	PRESIDENT EL	2.00	Officer Director	$0	$0	$0
LINDA CUSTER	VP MARKETING	2.00	Officer Director	$0	$0	$0
SIISI ADU GYAMFI	BOARD MEMBER	2.00	Director	$0	$0	$0
DIANE JOSEPH-MCCARTHY	BOARD MEMBER	2.00	Director	$0	$0	$0
NATALIA OLIVE	TREASURER, F	10.00	Officer Director	$0	$0	$0
HYUN A PARK	BOARD MEMBER	2.00	Director	$0	$0	$0
MARINA PASCHIDI	VP SPECIAL P	2.00	Officer Director	$0	$0	$0
DARCY PRATHER	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID PROVOST	BOARD CHAIRM	2.00	Director	$0	$0	$0
DANA ROSENFARB	VP OF ENRICH	2.00	Officer Director	$0	$0	$0
HONG DIN SHIH	BOARD MEMBER	2.00	Director	$0	$0	$0
DANA ATTAR	VP OF PODCAS	2.00	Officer	$0	$0	$0
BERNARD HO	PAST PRESIDE	5.00	Officer	$0	$0	$0
MEGHAN JENDRYSIK	VP OF BOSTON	2.00	Officer	$0	$0	$0
BONNY KELLERMAN	VP OF COMMUN	2.00	Officer	$0	$0	$0
JOANNA LONDON	VP OF VOLUNT	2.00	Officer	$0	$0	$0
CAROL MARTIN	VP OF MEMBER	2.00	Officer	$0	$0	$0
TAMMY NGAI	VP OF SOCIAL	2.00	Officer	$0	$0	$0
ANGELIKI RIGOS	PRESIDENT	5.00	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
2024	$84,649	$98,194	$65,337	$-13,545
2023	$115,552	$116,459	$78,871	$-907
2022	$67,195	$81,603	$79,778	$-14,408
2021	$55,373	$54,837	$94,186	$536
2020	$113,721	$141,011	$93,650	$-27,290
2019	$82,840	$88,595	$120,940	$-5,755
2018	$75,232	$85,672	$126,695	$-10,440

MIT CLUB OF BOSTON INC