MASSACHUSETTS TEACHERS ASSOCIATION… - Form 990 Financial Data

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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

1930

Legal Domicile

Principal Officer

BARBARA LOCKE

Phone

7816413247

Tax Period

2023-07-01 to 2024-06-30

MASSACHUSETTS TEACHERS ASSOCIATION WOBURN TEACHERS ASSOCIATION INC, founded in 1930, is a small nonprofit that reported $493K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

SUPPORT THE LABOR NEEDS OF THE ORGANIZATION, INCLUDING GRIEVANCES, WORK STANDARDS AND CONDITIONS, ARBITRATION, AND OTHER RELATED LABOR ISSUES.

Program Service Accomplishments

Program 1

Expenses: $428,209

SUPPORT THE LABOR NEEDS OF THE ORGANIZATION, INCLUDING GRIEVANCES, WORK STANDARDS AND CONDITIONS, ARBITRATION, AND OTHER RELATED LABOR ISSUES.

Program 2

Expenses: $75,000

CITY OF WOBURN, MA STRIKE FEE.

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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 $456,598

Program Service Revenue $0

Investment Income $18

Other Revenue $36,022

TOTAL REVENUE $492,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,879

Fundraising Expenses $0

Program Expenses $503,209

Other Expenses $36,898

TOTAL EXPENSES $504,210

Year-over-Year Comparison

	2023	2022	Change
Revenue	$492,638	$523,897	-0.1%
Expenses	$504,210	$485,341	+0.0%
Net Income	$-11,572	$38,556	-1.3%

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

N/A

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

$16,250

Total Directors

$3,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BYINGTON	1ST VICE PRE	5.00	Officer	$4,000	$0	$4,000
LINDA MCELHENEY	TREASURER	5.00	Officer	$3,500	$0	$3,500
BELINDA MCCONNELL	CO-PRESIDENT	10.00	Officer	$2,625	$0	$2,625
CHRISTY NICKERSON	CO-PRESIDENT	10.00	Officer	$2,625	$0	$2,625
BRIAN MACDONALD	MEMBERSHIP.	5.00	Director	$2,500	$0	$2,500
ERIC SCARBOROUGH	SECRETARY	5.00	Officer	$1,750	$0	$1,750
KAREN AGOTENELLI	PARA LIAISON	5.00	Director	$1,200	$0	$1,200
DONNA MALLOY	2ND VICE PRE	5.00	Officer	$875	$0	$875
PAUL MCELHENEY	2ND VICE PRE	5.00	Officer	$875	$0	$875

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
2025	No data	No data	No data	No data
2024	$492,638	$504,210	$121,019	$-11,572
2023	$523,897	$485,341	$132,591	$38,556
2022	$388,787	$387,636	$94,035	$1,151
2021	$375,538	$369,998	$92,884	$5,540
2020	$382,187	$365,539	$87,344	$16,648
2019	$380,861	$381,720	$70,696	$-859

MASSACHUSETTS TEACHERS ASSOCIATION WOBURN TEACHERS ASSOCIATION INC