GMP DEVELOPMENT CORP (EIN 275173077) - 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

2011

Legal Domicile

Principal Officer

SEAN ROSE

Phone

5084854227

Tax Period

2024-07-01 to 2025-06-30

GMP DEVELOPMENT CORP, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $419K in total revenue in fiscal year 2024.

Mission

GMP DEVELOPMENT CORP. (GMPD) IS A NONPROFIT CORPORATION FORMED TO PROVIDE SAFE, CLEAN AND AFFORDABLE HOUSING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IN THE MARLBOROUGH, MA AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $418,675

Investment Income $140

Other Revenue $0

TOTAL REVENUE $418,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $277,514

Other Expenses $422,111

TOTAL EXPENSES $422,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$418,815	$401,456	+0.0%
Expenses	$422,111	$396,109	+0.1%
Net Income	$-3,296	$5,347	-1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$301,016

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN ROSE	PRESIDENT & CEO	5.00	Officer	$0	$4,785	$301,016
STACEY FORREST	CHIEF OPERATING OFFICER	2.00	Highest	$0	$28,111	$296,163
MEG MULHERN	VP OF FINANCE & DEVELOPMENT	2.00	Highest	$0	$2,760	$150,760
ELLEN MURPHY	VP OF QUALITY ASSURANCE	2.00	Highest	$0	$2,674	$143,879
KATHARINE VITAL	THERAPIST	2.00	Highest	$0	$24,518	$149,490
ROBERT CAWLY	MEMBER	0.20	Director	$0	$0	$0
MARYELLEN DUGGAN	MEMBER	0.20	Director	$0	$0	$0
AMY DOHERTY	MEMBER	0.20	Director	$0	$0	$0
STEPHEN MAINTANIS	MEMBER	0.20	Director	$0	$0	$0
STEVEN WALL	CHAIR PERSON	0.20	Officer Director	$0	$0	$0
GWEN SOKOLOFF	VICE CHAIRPERSON	0.20	Officer Director	$0	$0	$0
RALPH TRICOMI	TREASURER	0.20	Officer Director	$0	$0	$0
JANE SEYMOUR	SECRETARY	0.20	Officer 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
2025	$418,815	$422,111	$651,514	$-3,296
2024	$401,456	$396,109	$666,067	$5,347
2023	$394,354	$390,333	$682,479	$4,021
2022	$398,771	$458,211	$691,037	$-59,440
2021	$403,081	$398,832	$808,581	$4,249
2020	$383,469	$389,418	$786,973	$-5,949
2019	$377,990	$436,036	$826,390	$-58,046

GMP DEVELOPMENT CORP