MSO INC

EIN: 521755454

GLEN ROCK, NJ

Total Revenue
$4,328,412
Total Expenses
$3,366,990
Total Assets
$3,377,940
Net Assets
$3,185,710
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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
1991
Legal Domicile
NJ
Principal Officer
JANICE SCITES
Phone
2014476900
Tax Period
2025-01-01 to 2025-12-31

MSO INC, founded in 1991, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $961K, a strong 22% operating margin.

Mission

THE ORGANIZATION'S PURPOSE AND MISSION IS TO PROVIDE PROPERTY & CASUALTY INSURANCE CARRIERS WITH COMMERCIAL AND PERSONAL LINES PROGRAMS WHICH INCLUDE FORMS, RATES, AND /OR LOSS COSTS. THESE PROGRAMS WILL BE DEVELOPED AND FILED AS NEEDED IN THE US DOMESTIC MARKET. THE INTELLECTUAL PROPERTY CREATED WILL BE MADE AVAILABLE UNDER A SUBSCRIBER AGREEMENT MODEL AT A REASONABLE MARKET BASED COST. IN ADDITION, AS PART OF ITS MISSION MSO PROVIDES EDUCATIONAL SERVICES TO THE PROPERTY AND CASUALTY INDUSTRY FOR THE CONTINUED EDUCATION OF INSUREDS, AGENTS/BROKERS, AND INSURANCE CARRIERS AND THEIR STAFFS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,258,798
Investment Income $62,443
Other Revenue $7,171
TOTAL REVENUE $4,328,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,352,253
Fundraising Expenses $0
Other Expenses $1,014,737
TOTAL EXPENSES $3,366,990

Year-over-Year Comparison

2025 2024 Change
Revenue $4,328,412 $3,785,740 +0.1%
Expenses $3,366,990 $3,182,192 +0.1%
Net Income $961,422 $603,548 +0.6%
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
9
Independent Members
8
Employees
21
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
11
$1,255,326
Total Directors
9
$378,444
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL L FARON TRUSTEE 1.00
Director
$7,000 $0 $7,000
BRIAN P LYTWYNEC TRUSTEE 1.00
Director
$7,000 $0 $7,000
EDWARD D AROVAS TRUSTEE 1.00
Director
$6,000 $0 $6,000
ERIC P SCHMADER TRUSTEE 1.00
Director
$6,000 $0 $6,000
KAREN S FULTON TRUSTEE 1.00
Director
$4,500 $0 $4,500
DONALD SCOTT ST ANGEL CHAIRMAN 1.00
Officer Director
$12,500 $0 $12,500
ALLEN RAY SORENSEN VICE CHAIRMAN 1.00
Officer Director
$8,250 $0 $8,250
JAMES R DOHERTY TREASURER 1.00
Officer Director
$6,000 $0 $6,000
JANICE SCITES PRESIDENT & CEO 40.00
Officer Director
$309,159 $12,035 $321,194
JAN KOZLOWSKI SR VICE PRESIDENT 40.00
Officer
$71,371 $2,869 $74,240
RICHARD PELKOFSKY ASSISTANT VICE PRESIDENT 40.00
Officer
$115,530 $14,772 $130,302
DEBRA KLINE ASSISTANT VICE PRESIDENT,OPERATIONS 40.00
Officer
$117,005 $14,692 $131,697
LEOPOLD BLACK VICE PRESIDENT, ACTUARIAL SERVICES 40.00
Officer
$129,556 $15,277 $144,833
MARY BEEGLE VICE PRESIDENT, NATIONAL PROGRAMS 40.00
Officer
$110,789 $21,371 $132,160
SUE QUIMBY SR. VICE PRESIDENT, MEDIA EDITOR 40.00
Officer
$136,654 $15,500 $152,154
PATRICE RIGGIO VICE PRESIDENT OF COMPLINACE SERVICES 40.00
Officer
$127,290 $14,706 $141,996
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 $4,328,412 $3,366,990 $3,377,940 $961,422
2024 $3,785,740 $3,182,192 $2,385,386 $603,548
2023 $3,320,617 $2,850,176 $1,776,742 $470,441
2022 $2,818,417 $2,821,116 $1,236,161 $-2,699
2021 $3,078,456 $2,827,839 $1,212,682 $250,617
2020 $2,510,858 $2,769,337 $1,141,446 $-258,479
2019 $2,566,563 $2,831,703 $1,460,587 $-265,140
2018 $2,595,224 $2,815,298 $1,537,972 $-220,074
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