MASSACHUSETTS WORKFORCE PROFESSIONALS ASSOCIATION INC

EIN: 731669337 501(c)(3)

BOSTON, MA

Total Revenue
$27,524
Total Expenses
$82,016
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MA
Principal Officer
DAVID GADAIRE
Phone
9787418678
Tax Period
2018-07-01 to 2019-06-30

MASSACHUSETTS WORKFORCE PROFESSIONALS ASSOCIATION INC, founded in 2000, is a micro nonprofit that reported $28K in total revenue in fiscal year 2018. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $82K exceeded revenue, resulting in a 198% operating deficit.

Mission

THE MASSACHUSETTS WORKPLACE PROFESSIONALS ASSOCIATION WILL PROMOTE THE MASSACHUSETTS WORKFORCE DEVELOPMENT SYSTEM AS THE MOST EFFICIENT AND COST EFFECTIVE DELIVERY SYSTEM FOR QUALITY DRIVEN PROGRAMS FOR THE BENEFIT OF BOTH JOB SEEKERS AND BUSINESS PARTNERS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $27,524
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $27,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,464
Fundraising Expenses $0
Program Expenses $63,410
Other Expenses $55,552
TOTAL EXPENSES $82,016

Year-over-Year Comparison

2018 2017 Change
Revenue $27,524 $97,108 -0.7%
Expenses $82,016 $122,482 -0.3%
Net Income $-54,492 $-25,374 +1.1%
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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Governance

Voting Members
15
Independent Members
15
Employees
1
Volunteers
20

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
5
$59,760
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH VIANA CHAIR 4.00
Officer Director
$0 $0 $0
DAVID GADAIRE VICE CHAIR 4.00
Officer Director
$0 $0 $0
SHANNON NORTON CALLES TREASURER 4.00
Officer Director
$0 $0 $0
LOUISE MEYER SECRETARY 4.00
Officer Director
$0 $0 $0
KRIS DOWER BOARD MEMBER 0.50
Director
$0 $0 $0
DOREEN TREACY BOARD MEMBER 0.50
Director
$0 $0 $0
JANICE WEEKS BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN MURRAY BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN LYNN BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN PARHAM BOARD MEMBER 0.50
Director
$0 $0 $0
LINDA ROHRER BOARD MEMBER 0.50
Director
$0 $0 $0
MADDREY GOODE BOARD MEMBER 0.50
Director
$0 $0 $0
RON IACOBUCCI BOARD MEMBER 0.50
Director
$0 $0 $0
TERI ANDERSON BOARD MEMBER 0.50
Director
$0 $0 $0
TRINH NGUYEN BOARD MEMBER 0.50
Director
$0 $0 $0
SUSAN QUINONES EXECUTIVE DIRECTOR 35.00
Officer
$59,760 $0 $59,760
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 $27,524 $82,016 No data $-54,492
2018 $97,108 $122,482 $56,792 $-25,374
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