MASSACHUSETTS MUSIC EDUCATORS ASSOCIATION INC (EIN 510147238) - 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

1975

Legal Domicile

Principal Officer

NOREEN BURDETT

Phone

7814498410

Tax Period

2021-07-01 to 2022-06-30

MASSACHUSETTS MUSIC EDUCATORS ASSOCIATION INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $444K in total revenue in fiscal year 2021. Revenue surged 128% from the prior year, signaling strong growth momentum. Expenses of $401K left a modest 10% surplus.

Mission

ADVOCATE AND PROMOTE THE ADVANCEMENT OF MUSIC EDUCATORS

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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 (2021)

Revenue Breakdown

Contributions & Grants $44,658

Program Service Revenue $399,071

Investment Income $98

Other Revenue $0

TOTAL REVENUE $443,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,744

Fundraising Expenses $0

Program Expenses $283,298

Other Expenses $330,455

TOTAL EXPENSES $401,199

Year-over-Year Comparison

	2021	2020	Change
Revenue	$443,827	$194,805	+1.3%
Expenses	$401,199	$254,657	+0.6%
Net Income	$42,628	$-59,852	-1.7%

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

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

$36,555

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CECIL ADDERLEY	PAST PRESIDENT	5.00	Director	$0	$0	$0
JARD CASSEDY	DIRECTOR	5.00	Director	$0	$0	$0
DUSTIN LINDSEY	DIRECTOR	1.00	Director	$0	$0	$0
BILL RICHTER	DIRECTOR	5.00	Director	$0	$0	$0
BRIANNA CREAMER	DIRECTOR	5.00	Director	$0	$0	$0
JULIE CARROLL	DIRECTOR	1.00	Director	$0	$0	$0
TODD SHAFER	DIRECTOR	5.00	Director	$0	$0	$0
AMANDA JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
MEREDITH LORD	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA COOK	DIRECTOR	1.00	Director	$0	$0	$0
REAGAN PARAS	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA DAMIANI	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY BEATRICE	PRESIDENT ELECT	5.00	Director	$0	$0	$0
SARA DURKIN	CLERK	5.00	Officer	$0	$0	$0
HEATHER COTE	PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL LACAVA	EXECUTIVE DIRECTOR	7.00	Officer	$21,933	$0	$21,933
NOREEN DIAMOND BURDETT	ASSOCIATE EXECUTIVE DIRECT	7.00	Officer	$14,622	$0	$14,622
STEPHANIE RILEY	TREASURER	5.00	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
2022	$443,827	$401,199	$309,614	$42,628
2021	$194,805	$254,657	$266,986	$-59,852
2020	$811,421	$861,503	$334,097	$-50,082
2019	$912,000	$946,476	$376,920	$-34,476

MASSACHUSETTS MUSIC EDUCATORS ASSOCIATION INC