BOSTON BRUINS ALUMNI ASSOCIATION INC (EIN 237346714) - 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

1973

Legal Domicile

Principal Officer

FRANK SIMONETTI

Phone

6176241930

Tax Period

2024-01-01 to 2024-12-31

BOSTON BRUINS ALUMNI ASSOCIATION INC, founded in 1973, is a small nonprofit that reported $599K in total revenue in fiscal year 2024. Expenses of $686K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS AND TO DONATE THESE FUNDS TO CHARITABLE CAUSES.

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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 $70,106

Program Service Revenue $513,451

Investment Income $3,334

Other Revenue $11,924

TOTAL REVENUE $598,815

Expense Breakdown

Grants Paid $139,975

Salaries & Benefits $42,000

Fundraising Expenses $0

Program Expenses $632,475

Other Expenses $504,130

TOTAL EXPENSES $686,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$598,815	$589,763	+0.0%
Expenses	$686,105	$412,745	+0.7%
Net Income	$-87,290	$177,018	-1.5%

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

170

Independent Members

170

Employees

N/A

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

$42,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK LEAHY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW RAYCROFT	DIRECTOR	0.00	Director	$0	$0	$0
TIMOTHY SWEENEY	DIRECTOR	0.00	Director	$0	$0	$0
FRANK SIMONETTI	PRESIDENT	35.00	Officer	$42,000	$0	$42,000
REJEAN LEMELIN	CLERK	5.00	Officer	$0	$0	$0
ROBERT SWEENEY	TREASURER	1.00	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
2024	$598,815	$686,105	$282,333	$-87,290
2023	$589,763	$412,745	$370,614	$177,018
2022	$209,826	$293,461	$191,588	$-83,635
2021	$250,244	$196,148	$275,223	$54,096
2020	$195,885	$255,781	$221,127	$-59,896
2019	$400,223	$461,075	$281,023	$-60,852
2018	$371,671	$386,497	$341,877	$-14,826

BOSTON BRUINS ALUMNI ASSOCIATION INC