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.
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.