Danvers Teachers Association

EIN: 237360157

Danvers, MA

Total Revenue
$343,301
Total Expenses
$321,605
Total Assets
$77,283
Net Assets
$77,283
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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
1981
Legal Domicile
MA
Principal Officer
Kathleen Murphy
Phone
6177714682
Tax Period
2024-09-01 to 2025-08-31

Danvers Teachers Association, founded in 1981, is a small nonprofit that reported $343K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $322K left a modest 6% surplus.

Mission

Exclusive collaborative bargaining agent for employees contractually defined as teachers for the Danvers Public Schools

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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 $341,946
Program Service Revenue $0
Investment Income $1,355
Other Revenue $0
TOTAL REVENUE $343,301

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $48,967
Fundraising Expenses $0
Program Expenses $3,000
Other Expenses $269,638
TOTAL EXPENSES $321,605

Year-over-Year Comparison

2024 2023 Change
Revenue $343,301 $304,239 +0.1%
Expenses $321,605 $310,208 +0.0%
Net Income $21,696 $-5,969 -4.6%
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
341
Independent Members
341
Employees
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN MURPHY President 0.00
Officer
$0 $0 $0
TRACIE EWING Secretary 0.00
Officer
$0 $0 $0
PATRICK KELLIHER Vice President 0.00
Officer
$0 $0 $0
WENDY WALDRON Treasurer 0.00
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
2025 $343,301 $321,605 $77,283 $21,696
2024 $304,239 $310,208 $55,746 $-5,969
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