MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC (EIN 237055676) - 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

1969

Legal Domicile

Principal Officer

MARK BILOTTA

Phone

5087546829

Tax Period

2024-07-01 to 2025-06-30

MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC, founded in 1969, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Expenses of $4.4M left a modest 4% surplus.

Mission

MASSEDCO WORKS TO BRIDGE THE GAP IN POSTSECONDARY EDUCATION ATTAINMENT FOR LOW-INCOME, FIRST GENERATION YOUTH AND ADULTS IN MASSACHUSETTS.

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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 $4,292,932

Program Service Revenue $0

Investment Income $329,241

Other Revenue $0

TOTAL REVENUE $4,622,173

Expense Breakdown

Grants Paid $1,653,130

Salaries & Benefits $2,311,285

Fundraising Expenses $0

Program Expenses $4,094,477

Other Expenses $460,176

TOTAL EXPENSES $4,424,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,622,173	$4,476,137	+0.0%
Expenses	$4,424,591	$4,508,261	0.0%
Net Income	$197,582	$-32,124	-7.2%

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

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

$184,873

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN J FALKE	TREASURER	2.00	Officer Director	$0	$0	$0
DONALD ANDERSON	CLERK	2.00	Officer Director	$0	$0	$0
ELIZABETH FONTAINE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BENJAMIN FORMAN	DIRECTOR	2.00	Director	$0	$0	$0
RYAN FORSYTHE	DIRECTOR	2.00	Director	$0	$0	$0
CLANTHA MCCURDY	DIRECTOR	2.00	Director	$0	$0	$0
KEITH POMEROY	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA MARSHALL	DIRECTOR	2.00	Director	$0	$0	$0
PAMELA BOISVERT	DIRECTOR	2.00	Director	$0	$0	$0
MARK BILOTTA	CEO	35.00	Officer	$168,439	$16,434	$184,873

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	$4,622,173	$4,424,591	$2,452,369	$197,582
2024	$4,476,137	$4,508,261	$2,152,332	$-32,124
2023	$4,216,900	$4,105,013	$2,095,315	$111,887
2022	$3,715,649	$3,852,532	$1,916,451	$-136,883
2021	$3,963,132	$3,868,358	$1,521,641	$94,774
2020	$3,710,658	$3,733,279	$1,289,737	$-22,621
2019	$3,135,843	$3,204,818	$2,205,850	$-68,975
2018	$2,980,842	$3,039,781	$2,182,808	$-58,939

MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC