MALDEN OVERCOMING ADDICTION INC

EIN: 814472565 501(c)(3) Mental Health

MALDEN, MA

Total Revenue
$725,762
Total Expenses
$664,807
Total Assets
$644,856
Net Assets
$329,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
PAUL HAMMERSLEY
Phone
7815266731
Tax Period
2024-07-01 to 2025-06-30

MALDEN OVERCOMING ADDICTION INC, founded in 2016, is a small nonprofit in the Mental Health sector that reported $726K in total revenue in fiscal year 2024. Expenses of $665K left a modest 8% surplus.

Mission

MALDEN OVERCOMING ADDICTION, INC. IS A NON-PROFIT ORGANIZATION INCORPORATED IN MASSACHUSETTS. THE ORGANIZATION IS A RECOVERY CENTER. THE CORE PURPOSE OF MALDEN OVERCOMING ADDICTION, INC. IS TO END THE STIGMA OF ADDICTION BY SUPPORTING PEOPLE IN RECOVERY, PROVIDING THEM WITH ACCESS TO SERVICES, AND PROVIDING PEOPLE WHO STRUGGLE WITH SUBSTANCE USE DISORDER AND THEIR FAMILIES WITH THE INFORMATION THEY NEED TO MAKE INFORMED DECISIONS ABOUT THEIR LIVES.

Program Service Accomplishments

Program 1
Expenses: $579,486 Revenue: $588,864

STARTED IN 2013 BY A GROUP OF COMMUNITY MEMBERS COMMITTED TO INCREASING AWARENESS OF THE GROWING OPIOID CRISIS, MOA PROVIDES A VARIETY OF SUPPORT AND RECOVERY SERVICES INCLUDING:MOA RECOVERY COACHES...

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STARTED IN 2013 BY A GROUP OF COMMUNITY MEMBERS COMMITTED TO INCREASING AWARENESS OF THE GROWING OPIOID CRISIS, MOA PROVIDES A VARIETY OF SUPPORT AND RECOVERY SERVICES INCLUDING:MOA RECOVERY COACHES -CONNECT TRAINED PROFESSIONALS WITH INDIVIDUALS SEEKING AVENUES TO RECOVERY FROM SUBSTANCE USE DISORDERS. DOM DISARIO SCHOLARSHIP PROGRAM - SCHOLARSHIP MONEY IS USED TO FIND AN AVAILABLE BED FOR SOMEONE IN RECOVERY. DUE TO THE CURRENT AVAILABILITY OF RESOURCES, THE SCHOLARSHIP IS LIMITED TO MALDEN RESIDENTS ONLY. COMMUNITY EVENTS - HOST A VARIETY OF COMMUNITY EVENTS DURING THE YEAR.THE BRIDGE RECOVERY CENTER - THINK OF MOA AS THE STEPPING STONE THAT LEADS YOU TO THE BRIDGE. HERE, YOU'LL FIND A PEER TO PEER NETWORK OF SUPPORT, A PLATFORM TO CONNECT WITH LIKE-MINDED INDIVIDUALS, AND A SPACE TO CONTINUE BUILDING A LIFE FILLED WITH HOPE AND POSSIBILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,454
Program Service Revenue $588,864
Investment Income $0
Other Revenue $-12,556
TOTAL REVENUE $725,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $329,129
Fundraising Expenses $10,243
Program Expenses $579,486
Other Expenses $335,678
TOTAL EXPENSES $664,807

Year-over-Year Comparison

2024 2023 Change
Revenue $725,762 $728,211 0.0%
Expenses $664,807 $558,656 +0.2%
Net Income $60,955 $169,555 -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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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
4
Employees
21
Volunteers
175

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
4
$38,722
Total Directors
8
$46,051
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL HAMMERSLEY PRESIDENT 20.00
Officer Director
$23,846 $0 $23,846
DANA BROWN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LINDA COCHRAN SECRETARY 15.00
Officer Director
$11,000 $0 $11,000
DAVE ALLAN TREASURER 5.00
Officer Director
$3,876 $0 $3,876
DAWN ZANAZZO BOARD MEMBER 3.00
Director
$0 $0 $0
KAREN ANDREWS BOARD MEMBER 3.00
Director
$0 $0 $0
MINDY TAM BOARD MEMBER 3.00
Director
$0 $0 $0
PAUL BELL BOARD MEMBER 3.00
Director
$7,329 $0 $7,329
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 $725,762 $664,807 $644,856 $60,955
2024 No data No data No data No data
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