KENDALL SQUARE ASSOCIATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

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

THE KSA FOCUSES ON IMPROVING, PROMOTING, AND PROTECTING KENDALL SQUARE.

Program Service Accomplishments

Program 1

IDI OR INCLUSION DRIVES INNOVATION - DRIVEN BY THE BELIEF IN THE IMPORTANCE OF MAKING THIS INNOVATION ECOSYSTEM WELCOMING TO ALL, WE OFFER A TEN-WEEK PROFESSIONAL DEVELOPMENT PROGRAM TWICE A YEAR TO PROVIDE FOUNDATIONAL LEARNING IN ANTI-RACISM AND EQUITY, APPLYING FRAMEWORKS TO ORGANIZATIONAL SYSTEMS AND CULTURE, AND GUIDING TEAMS THROUGH EQUITY-CENTERED ORGANIZATIONAL ACTION PLANNING. IN 2022, MORE THAN 100 PEOPLE FROM DOZENS OF ORGANIZATIONS IN THE KENDALL COMMUNITY PARTICIPATED IN OUR IDI PROGRAM. WE CONVENE IDI PROGRAM ALUMNI REGULARLY TO MOVE THIS ESSENTIAL WORK FORWARD. WE ALSO HOST A SERIES OF FACILITATED SENIOR LEADERS CONVERSATIONS TO HELP ADDRESS DILEMMAS THAT ARISE AROUND EQUITY AND BELONGING. TAKEN TOGETHER, KSA'S IDI PROGRAMMING HAS CHANGED THE CONVERSATION AND INCREASED THE COMMUNITY'S COMMITMENT TO DIVERSITY, EQUITY, INCLUSION AND BELONGING.

Program 2

KENDALL SQUARE CHALLENGE - KNOWING THAT COMPETITION AND COLLABORATION COMBINED HELP FUEL SCIENTIFIC BREAKTHROUGHS AND POWER SUPPORT FOR IMPORTANT CAUSES, WE HOST THE ANNUAL KENDALL SQUARE CHALLENGE TO BRING PEOPLE AND ORGANIZATIONS TOGETHER TO COMPETE AND COLLABORATE IN SUPPORT OF LOCAL NONPROFITS FOCUSED ON STEM EDUCATION, FOOD INSECURITY, SUBSTANCE ABUSE, AND MORE. THROUGH THIS WORK, THE KSA IS ABLE TO MAKE MEANINGFUL DONATIONS TO LOCAL NONPROFITS WHILE INCREASING THE COMMUNITY'S CONNECTIVITY.

Program 3

COMMUNITY BUILDING. THE KSA'S ANNUAL MEETING IS MORE THAN A TRADITIONAL BOARD MEETING, IT'S A COMMUNITY-WIDE GATHERING WITH A FOCUS ON COMMUNITY-BUILDING, RAISING AWARENESS, AND INSPIRING ACTION. IN 2023, THE FOCUS WAS ON LESSONS LEARNED IN THE FIRST 15 YEARS OF THE KSA, AND PLANNING FOR THE FUTURE OF THIS PURPOSE-DRIVEN COMMUNITY WHICH CONTINUES TO BE A POWERFUL FORCE FOR CHANGE IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$297,381

Total Directors

$338,075

Key Employees

Highest Compensated

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