RANDOLPH EDUCATION ASSOCIATION INC

EIN: 237274497 Education

Randolph, MA

Total Revenue
$295,784
Total Expenses
$325,957
Total Assets
$193,783
Net Assets
$117,302
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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
1967
Legal Domicile
MA
Phone
7819634592
Tax Period
2024-07-01 to 2025-06-30

RANDOLPH EDUCATION ASSOCIATION INC, founded in 1967, is a small nonprofit in the Education sector that reported $296K in total revenue in fiscal year 2024. Expenses of $326K exceeded revenue, resulting in a 10% operating deficit.

Mission

COLLECTIVE BARGAINING UNIT LOCAL UNION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $294,197
Program Service Revenue $0
Investment Income $1,587
Other Revenue $0
TOTAL REVENUE $295,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,384
Fundraising Expenses $0
Program Expenses $310,950
Other Expenses $302,573
TOTAL EXPENSES $325,957

Year-over-Year Comparison

2024 2023 Change
Revenue $295,784 $290,314 +0.0%
Expenses $325,957 $306,155 +0.1%
Net Income $-30,173 $-15,841 +0.9%
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

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Governance

Voting Members
5
Independent Members
5
Employees
5
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
2
$9,905
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUNA ROMMELMEYER PRESIDENT 15.00
Officer
$7,000 $0 $7,000
KAREN MILLER TREASURER 15.00
Officer
$2,905 $0 $2,905
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 $295,784 $325,957 $193,783 $-30,173
2024 $290,314 $306,155 $182,087 $-15,841
2023 $289,429 $302,873 $233,854 $-13,444
2022 $271,387 $275,002 $208,366 $-3,615
2021 $263,893 $278,895 $210,708 $-15,002
2020 $284,291 $291,969 $229,185 $-7,678
2019 $310,912 $289,863 $235,858 $21,049
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