MATTAPAN CENTER FOR LIFE (EIN 223301362) - 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

1995

Legal Domicile

Principal Officer

JOHN WELLS

Phone

7819430200

Tax Period

2024-10-01 to 2025-09-30

MATTAPAN CENTER FOR LIFE, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $1000K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $856K left a modest 14% surplus.

Mission

TO PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,160

Program Service Revenue $967,848

Investment Income $5,766

Other Revenue $10,745

TOTAL REVENUE $999,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $823,851

Other Expenses $855,960

TOTAL EXPENSES $855,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$999,519	$771,394	+0.3%
Expenses	$855,960	$759,102	+0.1%
Net Income	$143,559	$12,292	+10.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNETTE PEELE	TREASURER	0.10	Officer Director	$0	$0	$0
BAINNY SUNCAR	DIRECTOR	0.10	Director	$0	$0	$0
IVANNA SERRET	DIRECTOR	0.10	Director	$0	$0	$0
JOHN WELLS	PRESIDENT	0.10	Officer Director	$0	$0	$0
LEONNIE DRUMMOND	DIRECTOR	0.10	Director	$0	$0	$0
LOUISE GRANT	SECRETARY	0.10	Officer Director	$0	$0	$0
PETER SCOLARO	DIRECTOR	0.10	Director	$0	$0	$0
SHERAN WOODROFFE	DIRECTOR	0.10	Director	$0	$0	$0
ZANETTA ARMSTRONG	OUTGOING TREASURER	0.10	Officer Director	$0	$0	$0
JOANE GUZMAN	OUTGOING CLERK	0.10	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	$999,519	$855,960	$2,019,405	$143,559
2024	$771,394	$759,102	$1,684,208	$12,292
2023	$720,183	$823,616	$1,783,271	$-103,433
2022	$599,359	$656,510	$1,880,503	$-57,151
2021	$537,826	$684,910	$1,846,999	$-147,084
2020	$545,979	$641,427	$1,918,498	$-95,448
2019	$546,740	$621,371	$2,049,838	$-74,631
2018	$515,281	$566,155	$2,105,635	$-50,874

MATTAPAN CENTER FOR LIFE