Framingham, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION AND MARINE CONTRACTORS ASSOCIATION OF NEW ENGLAND INC, founded in 1969, is a micro nonprofit in the Mutual Benefit sector that reported $81K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $73K left a modest 10% surplus.
For the mutual benefit of all members, the Association's mission is to: a) protect and advance the interests of those engaged in the business of marine, foundation and underground construction; b) encourage, promote and enhance marine, foundation and underground construction and to improve the conditions under which the industry operates; c) foster ethical business practices; d) perfect machinery for the peaceful settlement of disputes between members, or between them and their employees or customers; e) study ways and means to protect the industry against unfair and unjust burdens and exactions; f) collect and disseminate scientific and industrial data to the industry; g) promote a better understanding and more friendly relations between members of the industry; h) promote good understanding and mutually beneficial relations between the members and their employees;
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $80,681 | $122,929 | -0.3% |
| Expenses | $72,537 | $81,572 | -0.1% |
| Net Income | $8,144 | $41,357 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert Tonning | President | 5 |
Officer
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$0 | $0 | $0 |
| Steven Hinterneder | Treasurer | 5 |
Officer
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$0 | $0 | $0 |
| Justin Zarrella | Clerk | 5 |
Officer
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$0 | $0 | $0 |
| Thomas Day | Vice President | 5 |
Officer
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$0 | $0 | $0 |
| Dario DiBono | Director | 5 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $80,681 | $72,537 | $82,509 | $8,144 |
| 2023 | $122,929 | $81,572 | $74,365 | $41,357 |
Compare FOUNDATION AND MARINE CONTRACTORS ASSOCIATION OF NEW ENGLAND INC with other nonprofits in Massachusetts and across the country.