MAAC Asset Corporation (EIN 223264488) - 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

1993

Legal Domicile

Principal Officer

TRAVIS TELLITOCCI

Phone

7327385455

Tax Period

2022-07-01 to 2023-06-30

MAAC Asset Corporation, founded in 1993, is a micro nonprofit that reported $47K in total revenue in fiscal year 2022. The organization ran a surplus of $19K, a strong 40% operating margin.

Mission

HOLD LEGAL TITLE TO PROPERTY FOR THE USE AND BENEFIT OF THE METRO ATLANTIC ATHLETIC CONFERENCE (MAAC).

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $47,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $47,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $28,343

TOTAL EXPENSES $28,343

Year-over-Year Comparison

	2022	2021	Change
Revenue	$47,000	$47,000	N/A
Expenses	$28,343	$29,278	0.0%
Net Income	$18,657	$17,722	+0.1%

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

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

$576,937

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Ensor	Secretary/Treasurer	2.0	Officer	$0	$69,277	$413,764
JESSICA GRASSO	DEPUTY COMMISSIONER	2.0	Officer	$0	$54,498	$163,173
Rev James Maher Niagara	President, Board Member	1.0	Officer Director	$0	$0	$0
Judy Olian Quinnipiac	Vice President, Board Member	1.0	Officer Director	$0	$0	$0
Dr Steve Stoute Canisius	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Mark Nemec Fairfield	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Seamus Carey Iona	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Daniel Gardner Manhattan	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Kevin Weinman Marist	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Timothy Trainor Mount St Mary	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Eugene Cornacchia St Peter's	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Christopher Gibson Siena	BOARD MEMBER	1.0	Director	$0	$0	$0
Dr Gregory Dell'Omo Rider	BOARD MEMBER	1.0	Director	$0	$0	$0
TRAVIS TELLITOCCI	Secretary/Treasurer	2.0	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$47,000	$28,343	$873,000	$18,657
2022	$47,000	$29,278	$901,342	$17,722
2021	$47,000	$29,278	$930,620	$17,722
2020	$600,859	$56,536	$959,898	$544,323
2019	$47,000	$56,649	$1,000,522	$-9,649
2018	$47,000	$66,849	$1,029,490	$-19,849

MAAC Asset Corporation