MASSACHUSETTS ASSOCIATION OF CONTRIBUTORY RETIREMENT SYSTEMSINC (EIN 237411603) - 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

1971

Legal Domicile

Principal Officer

ROBERT MOYNIHAN

Phone

4135313625

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS ASSOCIATION OF CONTRIBUTORY RETIREMENT SYSTEMSINC, founded in 1971, is a small nonprofit that reported $447K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $96K, a strong 21% operating margin.

Mission

PRESERVING & STRENGTHENING THE PUBLIC RETIREMENT SYSTEMS OF THE COMMONWEALTH OF MA THROUGH EDUCATION, INFORMATION EXCHANGE AND LEGISLATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $446,954

Investment Income $0

Other Revenue $0

TOTAL REVENUE $446,954

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,667

Fundraising Expenses $0

Other Expenses $276,553

TOTAL EXPENSES $351,220

Year-over-Year Comparison

	2023	2022	Change
Revenue	$446,954	$393,697	+0.1%
Expenses	$351,220	$325,187	+0.1%
Net Income	$95,734	$68,510	+0.4%

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

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

$68,484

Total Directors

$68,484

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN KIELY-BECCHETTI	PRESIDENT	25.00	Officer Director	$18,720	$0	$18,720
JOHN BROWN	VICE PRESIDE	25.00	Officer Director	$16,588	$0	$16,588
ROBERT MOYNIHAN	TREASURER	25.00	Officer Director	$16,588	$0	$16,588
ROBERT WARD	SECRETARY	25.00	Officer Director	$16,588	$0	$16,588
SCOTT ALBANESE	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD BIAGIOTTI	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY CUTTER	DIRECTOR	2.00	Director	$0	$0	$0
DENIS DEVINE	PAST PRESIDE	2.00	Director	$0	$0	$0
RICK FITZPATRICK	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HENNESSY	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH HUGHES	DIRECTOR	2.00	Director	$0	$0	$0
RICK JORDAN	DIRECTOR	2.00	Director	$0	$0	$0
EDWIN LITTLE	DIRECTOR	2.00	Director	$0	$0	$0
LISA MALONEY	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE F MCCRAY	PAST PRESIDE	2.00	Director	$0	$0	$0
MICHAEL O'REILLY	DIRECTOR	2.00	Director	$0	$0	$0
ROSARIO SACCO	PAST PRESIDE	2.00	Director	$0	$0	$0
KARL J SCHMAELZLE	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SCIARA	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS WELCH	PAST PRESIDE	N/A	Director	$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	No data	No data	No data	No data
2023	$446,954	$351,220	$325,920	$95,734
2022	$393,697	$325,187	$230,188	$68,510
2021	$117,718	$126,012	$117,681	$-8,294
2020	$90,605	$126,717	$125,975	$-36,112
2019	$441,162	$361,625	$162,087	$79,537
2018	$334,988	$411,756	$82,486	$-76,768

MASSACHUSETTS ASSOCIATION OF CONTRIBUTORY RETIREMENT SYSTEMSINC