MASSACHUSETTS LODGING ASSOCIATION EDUCATION FOUNDATION INC (EIN 223203151) - 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

1992

Legal Domicile

Principal Officer

CHRISTINE PAPPAS

Phone

6177201776

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS LODGING ASSOCIATION EDUCATION FOUNDATION INC, founded in 1992, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $26K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $5K, a strong 20% operating margin.

Mission

THE FOUNDATION PROVIDES REGIONAL STUDENTS WITH THE OPPORTUNITY FOR SPECIALIZED EDUCATION IN THE HOTEL, MOTEL AND HOSPITALITY INDUSTRIES.

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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 $22,910

Program Service Revenue $0

Investment Income $3,132

Other Revenue $0

TOTAL REVENUE $26,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,949

Other Expenses $20,723

TOTAL EXPENSES $20,723

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,042	$23,504	+0.1%
Expenses	$20,723	$25,336	-0.2%
Net Income	$5,319	$-1,832	-3.9%

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

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
CHRISTINE HAGOPIAN	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MURTHA	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTINE PAPPAS	PRESIDENT	N/A	Director	$0	$0	$0
ADAM SPERLING	SECRETARY/TR	N/A	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	No data	No data	No data	No data
2023	$26,042	$20,723	$68,168	$5,319
2022	$23,504	$25,336	$42,597	$-1,832
2021	$28,319	$25,841	$49,791	$2,478
2020	$26,080	$23,059	$39,681	$3,021
2019	$33,407	$28,159	$35,445	$5,248
2018	$33,225	$28,208	$31,644	$5,017

MASSACHUSETTS LODGING ASSOCIATION EDUCATION FOUNDATION INC