FERREN MEMORIAL INC

EIN: 812646249 501(c)(3) Education

BURLINGTON, MA

Total Revenue
$15,155
Total Expenses
$13,148
Total Assets
$50,624
Net Assets
$50,624
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
JOHN J FERREN
Phone
3392344728
Tax Period
2023-01-01 to 2023-12-31

FERREN MEMORIAL INC, founded in 2016, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $13K left a modest 13% surplus.

Mission

ORGANIZED TO RAISE FUNDS FOR AWARDING COLLEGE SCHOLARSHIPS AND TRADE SCHOLARSHIPS TO HIGH SCHOOL GRADUATES AND ALSO POST COLLEGE GRADUATES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,000
Program Service Revenue $0
Investment Income $0
Other Revenue $7,155
TOTAL REVENUE $15,155

Expense Breakdown

Grants Paid $9,455
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,455
Other Expenses $3,693
TOTAL EXPENSES $13,148

Year-over-Year Comparison

2023 2022 Change
Revenue $15,155 $18,055 -0.2%
Expenses $13,148 $23,055 -0.4%
Net Income $2,007 $-5,000 -1.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NA N/A N/A
$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
2024 No data No data No data No data
2023 $15,155 $13,148 $50,624 $2,007
2022 $18,055 $23,055 $48,617 $-5,000
2021 $31,343 $11,685 $48,408 $19,658
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FERREN MEMORIAL INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.