FALL RIVER EDUCATORS' ASSOCIATION INC (EIN 237037161) - 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

1985

Legal Domicile

Principal Officer

KEITH MICHON JR

Phone

5086794392

Tax Period

2024-07-01 to 2025-06-30

FALL RIVER EDUCATORS' ASSOCIATION INC, founded in 1985, is a small nonprofit that reported $240K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

SERVE AS A COLLECTIVE BARGAINING UNIT FOR THE FALL RIVER, MASSACHUSETTS TEACHERS.

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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 $206,427

Program Service Revenue $0

Investment Income $128

Other Revenue $33,666

TOTAL REVENUE $240,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,651

Fundraising Expenses $0

Other Expenses $59,700

TOTAL EXPENSES $240,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,221	$218,369	+0.1%
Expenses	$240,351	$234,913	+0.0%
Net Income	$-130	$-16,544	-1.0%

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

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

$138,144

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH MICHON JR	PRESIDENT/DIRECTOR	40.00	Officer	$5,190	$25,501	$126,426
COREY ANDERSON	VICE PRESIDENT	4.00	Officer	$2,604	$0	$2,604
JUNIA LEITE	VICE PRESIDENT	4.00	Officer	$1,085	$0	$1,085
LORYN SHEA	VICE PRESIDENT	4.00	Officer	$2,604	$0	$2,604
KARL AMARAL	TREASURER	4.00	Officer	$2,604	$0	$2,604
REBECCA JONTOS	SECRETARY/CLERK	4.00	Officer	$217	$0	$217
KERRI FURTADO	SECRETARY	4.00	Officer	$2,604	$0	$2,604

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	$240,221	$240,351	$477,264	$-130
2024	$218,369	$234,913	$329,089	$-16,544
2023	$178,943	$211,566	$468,265	$-32,623
2022	$179,063	$209,470	$439,650	$-30,407
2021	$183,710	$176,442	$466,300	$7,268
2020	$189,232	$183,825	$460,795	$5,407
2019	$201,773	$177,825	$453,797	$23,948
2018	$203,047	$182,680	$428,671	$20,367

FALL RIVER EDUCATORS' ASSOCIATION INC