SOUTH SHORE TRANSFORMATION INC

EIN: 471408681 501(c)(3)

PLYMPTON, MA

Total Revenue
$588,671
Total Expenses
$618,545
Total Assets
$124,338
Net Assets
$95,835
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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
JOSEPH CARROLL
Phone
7813072962
Tax Period
2019-01-01 to 2019-12-31

SOUTH SHORE TRANSFORMATION INC, founded in 2014, is a small nonprofit that reported $589K in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO EDUCATE AND ASSIST MEN AND WOMEN AND THEIR FAMILIES ON THE SUBJECT OF RECOVERY FROM DRUG ADDICTION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $16,657
Program Service Revenue $572,014
Investment Income $0
Other Revenue $0
TOTAL REVENUE $588,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $316,006
Fundraising Expenses $5,733
Program Expenses $526,572
Other Expenses $302,539
TOTAL EXPENSES $618,545

Year-over-Year Comparison

2019 2018 Change
Revenue $588,671 $483,096 +0.2%
Expenses $618,545 $454,589 +0.4%
Net Income $-29,874 $28,507 -2.0%
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
3
Independent Members
3
Employees
8
Volunteers
10

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
3
$164,100
Total Directors
2
$90,561
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA HUSSEY DIRECTOR 40.00
Director
$58,973 $0 $58,973
JEFFREY CHASEN DIRECTOR 40.00
Director
$31,588 $0 $31,588
THOMAS J REILLY PRESIDENT & DIRECTOR 40.00
Officer
$54,700 $0 $54,700
JOSEPH CARROLL TREASURER & DIRECTOR 40.00
Officer
$54,700 $0 $54,700
MICHEAL GOEDICKE CLERK & DIRECTOR 40.00
Officer
$54,700 $0 $54,700
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
2019 $588,671 $618,545 $124,338 $-29,874
2018 $483,096 $454,589 $109,343 $28,507
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