NEEDHAM, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOSTON ASSET MANAGEMENT ASSOCIATION INC, founded in 2014, is a small nonprofit that reported $212K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $243K exceeded revenue, resulting in a 15% operating deficit.
TO ADVANCE THE ASSET MANAGEMENT INDUSTRY IN BOSTON AND MASSACHUSETTS AND THEREBY TO POSITIVELY AFFECT THE ECONOMY OF BOSTON AND MASSACHUSETTS; TO ADVOCATE FAIR AND EQUITABLE PUBLIC POLICIES AFFECTING THE INTERESTS OF ORGANIZATIONS IN THE ASSET MANAGEMENT INDUSTRY AND THEIR EMPLOYEES; TO INCULATE JUST AND EQUITABLE PRINCIPLES IN THE INDUSTRY, AND; TO ACQUIRE, POSESS AND DISSEMINATE USEFUL INFORMATION TO AND FOR ORGANIZATIONS IN THE INDUSTRY; AND GENERALLY TO PROMOTE THE WELFARE OF ASSET MANAGEMENT ORGANIZATIONS AND THEIR EMPLOYEES AND THE PROSPERITY OF THE COMMONWEALTH OF MASSACHUSETTS.
TO ADVANCE THE ASSET MANAGEMENT INDUSTRY IN BOSTON AND MASSACHUSETTS AND THEREBY TO POSITIVELY AFFECT THE ECONOMY OF BOSTON AND MASSACHUSETTS; TO ADVOCATE FAIR AND EQUITABLE PUBLIC POLICIES AFFECTING...
TO ADVANCE THE ASSET MANAGEMENT INDUSTRY IN BOSTON AND MASSACHUSETTS AND THEREBY TO POSITIVELY AFFECT THE ECONOMY OF BOSTON AND MASSACHUSETTS; TO ADVOCATE FAIR AND EQUITABLE PUBLIC POLICIES AFFECTING THE INTERESS OF ORGANIZATIONS IN THE ASSET MANAGEMENT INDUSTRY AND THEIR EMPLOYEES; TO INCULCATE JUST AND EQUITABLE PRINCIPLES IN THE INDUSTRY, AND; TO ACQUIRE, POSSESS AND DISSEMINATE USEFUL INFORMATION TO AND FOR ORGANIZATIONS IN THE INDUSTRY; AND GENERALLY TO PROMOTE THE WELFARE OF ASSET MANAGEMENT ORGANIZATIONS AND THEIR EMPLOYEES AND THE PROSPERITY OF THE COMMONWEALTH OF MASACHUSETTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $211,864 | $270,000 | -0.2% |
| Expenses | $243,076 | $265,988 | -0.1% |
| Net Income | $-31,212 | $4,012 | -8.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES SEGEL | PRESIDENT/CLERK | 5.00 |
Officer
Director
|
$154,036 | $0 | $154,036 |
| OSWALDO PALOMO | TREASURER/CLERK | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS SAMOLUK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $211,864 | $243,076 | No data | $-31,212 |
| 2022 | $270,000 | $265,988 | $34,484 | $4,012 |
| 2021 | $270,000 | $291,798 | $30,200 | $-21,798 |
| 2020 | $270,000 | $305,600 | $48,998 | $-35,600 |
| 2019 | $305,000 | $275,644 | $86,213 | $29,356 |
| 2018 | $395,000 | $402,827 | $57,192 | $-7,827 |
Compare BOSTON ASSET MANAGEMENT ASSOCIATION INC with other nonprofits in Massachusetts and across the country.