MedTech & BioTech Veterans Program Inc

EIN: 465019277 501(c)(3) Employment

South Hamilton, MA

Total Revenue
$407,344
Total Expenses
$448,943
Total Assets
$31,831
Net Assets
$25,074
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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
2014
Legal Domicile
MA
Principal Officer
Stephen J Mapa Jr
Phone
2058096050
Tax Period
2024-01-01 to 2024-12-31

MedTech & BioTech Veterans Program Inc, founded in 2014, is a small nonprofit in the Employment sector that reported $407K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $449K exceeded revenue, resulting in a 10% operating deficit.

Mission

Reduce veteran unemployment via training and mentoring. Assist and prepare transitioning military veterans for meaningful employment in life science companies.

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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 (2024)

Revenue Breakdown

Contributions & Grants $405,355
Program Service Revenue $1,989
Investment Income $0
Other Revenue $0
TOTAL REVENUE $407,344

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,954
Fundraising Expenses $12,947
Program Expenses $381,534
Other Expenses $189,989
TOTAL EXPENSES $448,943

Year-over-Year Comparison

2024 2023 Change
Revenue $407,344 $299,203 +0.4%
Expenses $448,943 $354,369 +0.3%
Net Income $-41,599 $-55,166 -0.2%
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
5
Independent Members
4
Employees
3
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
4
$102,307
Total Directors
12
$102,307
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen J Mapa Jr President and Executive Director 40.00
Officer Director Highest
$87,692 $14,615 $102,307
Amy Reiter Director of Operations 40.00
$71,594 $4,800 $76,394
Michael D Grice Board Member 1.00
Director
$0 $0 $0
Michael Minogue Founder 1.00
Director
$0 $0 $0
Derek Herrera Board Member 1.00
Director
$0 $0 $0
Gregory Gadson Board Member 1.00
Director
$0 $0 $0
Ann Holder Board Member 1.00
Director
$0 $0 $0
Jeanne Miller Board Member 1.00
Director
$0 $0 $0
Joeseph Mullings Board Member 1.00
Director
$0 $0 $0
Ramzi Nuwayhid Board Member 1.00
Director
$0 $0 $0
Scott Whitaker Board Member 1.00
Director
$0 $0 $0
John DeBlasio Secretary 1.00
Officer Director
$0 $0 $0
Patrice Sutherland Chairwoman of the Board 1.00
Officer Director
$0 $0 $0
Robert Neuner 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
2024 $407,344 $448,943 $31,831 $-41,599
2023 $299,203 $354,369 $91,499 $-55,166
2022 $215,904 $211,820 $130,383 $4,084
2021 $208,534 $186,438 $120,414 $22,096
2020 $175,852 $220,646 $111,070 $-44,794
2019 $101,643 $346,275 $140,453 $-244,632
2018 $345,613 $301,754 $393,603 $43,859
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