MASS ASSOCIATION OF ACCOUNTANTSINC (EIN 237135793) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

DAVID CARLETON

Phone

7812467788

Tax Period

2024-05-01 to 2025-04-30

MASS ASSOCIATION OF ACCOUNTANTSINC, founded in 1946, is a small nonprofit that reported $120K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $139K exceeded revenue, resulting in a 16% operating deficit.

Mission

ASSOCIATION FOR GATHERING,EDUCATING AND INFORMING PUBLIC ACCOUNTANTS ON PERTINENT INFORMATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $115,652

Investment Income $4,124

Other Revenue $0

TOTAL REVENUE $119,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,485

Fundraising Expenses $0

Other Expenses $31,035

TOTAL EXPENSES $138,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,776	$137,913	-0.1%
Expenses	$138,520	$142,575	0.0%
Net Income	$-18,744	$-4,662	+3.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GIACALONE	TRUSTEE	0.50	Director	$0	$0	$0
LAURIE SOLOMON	TRUSTEE	0.50	Director	$0	$0	$0
LI CHEN ZANG	TRUSTEE	0.50	Director	$0	$0	$0
JOSHUA HOWELL	TRUSTEE	0.50	Director	$0	$0	$0
DARREN AIZANMAN	TRUSTEE	0.05	Director	$0	$0	$0
JULIE HENEHAN	TRUSTEE	0.05	Director	$0	$0	$0
MARY KARAVOUSSIANIS	TRUSTEE	0.05	Director	$0	$0	$0
DAVID CARLETON	TREASURER	2.00	Officer	$0	$0	$0
GERALD HOWELL	SECRETARY	0.50	Officer	$0	$0	$0
ALBERT LANZILLOTTI	PRESIDENT	0.50	Officer	$0	$0	$0
ELIOTT MORA	VICE PRESIDENT	0.50	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	$119,776	$138,520	$139,504	$-18,744
2024	$137,913	$142,575	$159,312	$-4,662
2023	$127,403	$111,810	$156,914	$15,593
2022	$134,421	$108,833	$141,725	$25,588
2021	$146,807	$115,640	$154,185	$31,167
2020	$158,475	$170,985	$88,734	$-12,510
2019	$197,752	$186,962	$106,155	$10,790

MASS ASSOCIATION OF ACCOUNTANTSINC