KENDALL SQUARE ASSOCIATION INC

EIN: 264036848 Community Improvement

CAMBRIDGE, MA

Total Revenue
$1,314,101
Total Expenses
$1,209,491
Total Assets
$1,262,060
Net Assets
$549,507
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
KENDRA FOLEY
Phone
6175475772
Tax Period
2023-01-01 to 2023-12-31

KENDALL SQUARE ASSOCIATION INC, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $1.2M left a modest 8% surplus.

Mission

TO IMPROVE, PROMOTE, AND PROTECT THE KENDALL SQ. AREA IN CAMBRIDGE, MA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,314,101
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,314,101

Expense Breakdown

Grants Paid $0
Salaries & Benefits $657,813
Fundraising Expenses $0
Other Expenses $551,678
TOTAL EXPENSES $1,209,491

Year-over-Year Comparison

2023 2022 Change
Revenue $1,314,101 $1,541,400 -0.1%
Expenses $1,209,491 $1,483,299 -0.2%
Net Income $104,610 $58,101 +0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
8
Volunteers
52

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
8
$297,381
Total Directors
32
$338,075
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL KANE BOARD 1.00
Director
$0 $0 $0
BRIAN DACEY BOARD 1.00
Director
$0 $0 $0
BRYAN KOOP BOARD 1.00
Director
$0 $0 $0
CALEB HURST-HILLER BOARD 40.00
Director
$40,694 $0 $40,694
CHRIS LEARY EXECUTIVE BOARD MEMBER, TREASURY 1.00
Officer Director
$0 $0 $0
EILEEN ELLIOT BOARD 1.00
Director
$0 $0 $0
ERIC QUADRINO BOARD 1.00
Director
$0 $0 $0
GEETA PRADHAN BOARD 1.00
Director
$0 $0 $0
JESSE BAERKAHN BOARD 1.00
Director
$0 $0 $0
SHAY SIMS BOARD 1.00
Director
$0 $0 $0
CHRISTINE LINDENBOOM BOARD 1.00
Director
$0 $0 $0
KENT KUNKEL BOARD 1.00
Director
$0 $0 $0
LEE MCGUIRE BOARD CHAIR, EXECUTIVE BOA 1.00
Officer Director
$0 $0 $0
LISA GIRARD BOARD 1.00
Director
$0 $0 $0
MAGGIE O'TOOLE BOARD, VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARK ROOPENIAN BOARD 1.00
Director
$0 $0 $0
MIKE OWU SECRETARY, EXECUTIVE BOARD 1.00
Officer Director
$0 $0 $0
TONY CLARK BOARD 1.00
Director
$0 $0 $0
SARAH GALLOP VICE CHAIR, EXECUTIVE BOAR 1.00
Officer Director
$0 $0 $0
STEVE KURLAND BOARD 1.00
Director
$0 $0 $0
LISA GIRARD BOARD 1.00
Director
$0 $0 $0
TARA CLARK EXECUTIVE BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE POPKIN BOARD 1.00
Director
$0 $0 $0
TOM EVANS CO-CHAIR, TRANSPORTATION 1.00
Director
$0 $0 $0
KENDRA FOLEY VICE PRESIDENT 32.00
Officer Director
$128,701 $0 $128,701
JOHANNA JOBIN BOARD 1.00
Director
$0 $0 $0
KEANE JOHNSON BOARD 1.00
Director
$0 $0 $0
MICHAEL DAWSON BOARD 1.00
Director
$0 $0 $0
MICHAL PREMINGER BOARD, VICE CHAIR 1.00
Officer Director
$0 $0 $0
TALI SASON BOARD 1.00
Director
$0 $0 $0
WENDY RICHARD BOARD 1.00
Director
$0 $0 $0
BETH MELONEY EXECUTIVE DIRECTOR 40.00
Officer Director
$168,680 $0 $168,680
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,314,101 $1,209,491 $1,262,060 $104,610
2022 $1,541,400 $1,483,299 $1,429,307 $58,101
2021 $1,405,804 $1,301,026 $1,449,691 $104,778
2021 $1,405,804 $1,301,026 $1,449,691 $104,778
2020 $1,414,483 $1,293,825 $1,054,789 $120,658
2019 $1,152,115 $1,189,805 $1,231,116 $-37,690
2018 $719,049 $815,872 $947,291 $-96,823
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