MONTACHUSETT ENTERPRISE CENTER INC (EIN 432020718) - Form 990 Financial Analysis & Trantor Score

🔒

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

2003

Legal Domicile

Principal Officer

GUY CORBOSIERO

Phone

9783457376

Tax Period

2021-07-01 to 2022-06-30

MONTACHUSETT ENTERPRISE CENTER INC, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $44K in total revenue in fiscal year 2021. Revenue surged 114% from the prior year, signaling strong growth momentum.

Mission

PROMOTE ECONOMIC DEVELOPMENT IN THE MONTACHUSETT AREA

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $44,196

Investment Income $3

Other Revenue $0

TOTAL REVENUE $44,199

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,196

Other Expenses $48,597

TOTAL EXPENSES $48,597

Year-over-Year Comparison

	2021	2020	Change
Revenue	$44,199	$20,678	+1.1%
Expenses	$48,597	$25,109	+0.9%
Net Income	$-4,398	$-4,431	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BIAGI	DIRECTOR	1.00	Director	$0	$0	$0
GUY CORBOSIERO	PRESIDENT	2.00	Officer Director	$0	$0	$0
PETER CUNNINGHAM	DIRECTOR	1.00	Director	$0	$0	$0
ROGER HOYT	DIRECTOR	1.00	Director	$0	$0	$0
ROGER SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
LAURA SHIFRIN	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN TELEPCIAK	VICE PRESIDE	2.00	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
2022	$44,199	$48,597	$26,708	$-4,398
2021	$20,678	$25,109	$31,106	$-4,431
2020	$1,763	$34,175	$37,675	$-32,412

MONTACHUSETT ENTERPRISE CENTER INC