FAMILY BUSINESS ASSOCIATION INC

EIN: 263984826 501(c)(3)

BOSTON, MA

Total Revenue
N/A
Total Expenses
$117,501
Total Assets
N/A
Net Assets
N/A
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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
2009
Legal Domicile
MA
Principal Officer
EDWARD TARLOW ESQ
Phone
6172182011
Tax Period
2020-01-01 to 2020-12-31

Mission

THE PURPOSE OF THE CORPORATION IS TO ESTABLISH, MAINTAIN, AND OPERATE A NONPROFIT ORGANIZATION OF INDIVIDUALS AND ENITIES WHO SHARE A COMMON INTEREST AND EXPERIENCE IN FAMILY OWNED BUSINESS IN ORDER TO:I. PROMOTE THE DEVELOPMENT OF CREATIVE IDEAS, SERVICES AND PRODUCTS TO FURTHER SERVE THE FAMILY OWNED BUSINESS;II. FOSTER AND FACILITATE THE EXCHANGE OF INFORMATION REGARDING THE FAMILY OWNED BUSINESS;III. ADVANCE THE ORGANIZED AND PROFESSIONAL DELIVERY OF SERVICES AND PRODUCTS TO THE FAMILY OWNED BUSINESS;IV. ENCOURAGE THE DEVELOPMENT OF KNOWLEDGE AND EXPERTISE IN MATTERS RELATIVE TO THE FAMILY OWNED BUSINESS THROUGH SEMINARS, PAPERS, NEWSLETTERS, AWARD PROGRAMS AND OTHER MEANS;V. ASSIST ITS MEMBERS IN CONNECTION WITH THEIR PRODUCTS AND SERVICES TO THE FAMILY OWNED BUSINESS THROUGH ADVERTISING, REPRESENTATION AT TRADE SHOWS, INTRA-NETWORK REFERRALS AND OTHER MEANS;VI. DISSEMINATE INFORMATION TO IMPROVE OR DEVELOP MEMBER'S CAPABILITIES WITH RESPECT TO PROFESSIONAL CARE

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $78,295
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $78,295
Other Expenses $39,206
TOTAL EXPENSES $117,501

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $309 -1.0%
Expenses $117,501 $15,944 +6.4%
Net Income N/A $-15,635 N/A
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
4
Independent Members
N/A
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT DENAPOLI ESQ DIRECTOR & VICE PRESIDENT 1.00
Director
$0 $0 $0
BRIAN NAGLE JD LLM DIRECTOR & VICE PRESIDENT 1.00
Director
$0 $0 $0
JEFFREY DAVIS DIRECTOR & VICE PRESIDENT 1.00
Director
$0 $0 $0
EDWARD TARLOW ESQ PRESIDENT/DIRECTOR 2.00
Officer Director
$0 $0 $0
CATHERINE WATSON ESQ CLERK & VICE PRESIDENT 1.00
Officer
$0 $0 $0
JEFFREY FOLEY CPA 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
2020 No data $117,501 No data No data
2019 $309 $15,944 $117,501 $-15,635
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