Greater Boston Plumbing Contractors Association Scholarship Program Inc (EIN 474711204) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

Andrew DeAngelo

Phone

9787778764

Tax Period

2023-01-01 to 2023-12-31

Greater Boston Plumbing Contractors Association Scholarship Program Inc, founded in 2015, is a small nonprofit in the Education sector that reported $148K in total revenue in fiscal year 2023. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 57% operating margin.

Mission

To provide scholarship funds to further the education of students desiring to attend college and to support those enrolled in trade apprenticeship programs.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $21,345

Other Revenue $126,481

TOTAL REVENUE $147,826

Expense Breakdown

Grants Paid $57,837

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,837

Other Expenses $5,821

TOTAL EXPENSES $63,658

Year-over-Year Comparison

	2023	2022	Change
Revenue	$147,826	$55,165	+1.7%
Expenses	$63,658	$63,393	+0.0%
Net Income	$84,168	$-8,228	-11.2%

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

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

$185,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Dionne	President & Director	5.00	Officer Director	$0	$0	$0
Ken Reagan	Vice President & Director	2.00	Officer Director	$0	$0	$0
James Bent	Clerk Treasurer & Director	2.00	Officer Director	$0	$0	$0
Tom Hannon Jr	Assistant Clerk Treasurer	2.00	Officer Director	$0	$0	$0
John Marani	Director	2.00	Director	$0	$0	$0
Andrew DeAngelo	Executive Director	2.00	Director	$0	$0	$185,400

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	No data	No data	No data	No data
2023	$147,826	$63,658	$487,817	$84,168
2022	$55,165	$63,393	$403,649	$-8,228
2021	$119,507	$49,867	$411,877	$69,640
2020	$33,344	$55,544	$342,237	$-22,200
2019	$89,677	$67,874	$364,437	$21,803
2018	$352,035	$38,055	$342,634	$313,980

Greater Boston Plumbing Contractors Association Scholarship Program Inc