WATERTOWN TRANSPORTATION MANAGEMEN… - 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

2017

Legal Domicile

Principal Officer

MICHAEL ALTOBELLO

Phone

7814045008

Tax Period

2024-07-01 to 2025-06-30

WATERTOWN TRANSPORTATION MANAGEMENT ASSOCIATION INC, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $129K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $163K exceeded revenue, resulting in a 26% operating deficit.

Mission

CREATE A COMMUNITY CONSCIOUSNESS REGARDING TRAFFIC, TRANSPORTATION, AND RELATED MATTERS AMONG THE RESIDENTS AND THE BUSINESS SECTOR. THE ASSOCIATION PROVIDES LEADERSHIP COMBINING AREA RESOURCES TO MAXIMIZE MOBILITY WITHIN AND ACCESS TO THE COMMUNITIES, AND COORDINATES A NETWORK OF TRANSPORTATION RESOURCES TO EFFECTIVELY MOVE PEOPLE. THE ASSOCIATION ENHANCES THE AREA'S ECONOMIC VITALITY WHILE MINIMIZING THE IMPACT OF DEVELOPMENT AND MAKES EFFICIENT USE OF NEARBY PUBLIC TRANSPORTATION SERVICES.

Program Service Accomplishments

Program 1

Expenses: $162,628 Revenue: $111,267

PROMOTION OF ACTIVE COMMUTING OPTIONS SUCH AS BIKING AND WALKING. PROVIDE MARKETING PROGRAMS TO PARTICIPANTS THAT PROMOTE ALTERNATIVES TO DRIVING ALONE, AND PROVIDING INFORMATIONAL UPDATES ON...

PROMOTION OF ACTIVE COMMUTING OPTIONS SUCH AS BIKING AND WALKING. PROVIDE MARKETING PROGRAMS TO PARTICIPANTS THAT PROMOTE ALTERNATIVES TO DRIVING ALONE, AND PROVIDING INFORMATIONAL UPDATES ON CONSTRUCTION PROJECTS AND REGIONAL TRANSPORTATION INITIATIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,400

Program Service Revenue $111,267

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,628

Other Expenses $162,628

TOTAL EXPENSES $162,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$128,667	$157,200	-0.2%
Expenses	$162,628	$132,564	+0.2%
Net Income	$-33,961	$24,636	-2.4%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN MAGOON	DIRECTOR	0.25	Officer Director	$0	$0	$0
CATHY BUCKINGHAM	DIRECTOR	0.25	Director	$0	$0	$0
ROBYN DUFFY	DIRECTOR	0.25	Director	$0	$0	$0
JOHN POWELL	DIRECTOR	0.25	Director	$0	$0	$0
JOHN KAROFF	DIRECTOR	0.25	Director	$0	$0	$0
DEREK TAWILL	DIRECTOR	0.25	Officer Director	$0	$0	$0
ED NARDI	DIRECTOR	0.25	Director	$0	$0	$0
RACHEL ASTLE	DIRECTOR	0.25	Director	$0	$0	$0
JEFF SACCO	DIRECTOR	0.25	Director	$0	$0	$0
BYRN GOODWIN	DIRECTOR	0.25	Director	$0	$0	$0
STACIE ROSENSTEIN	DIRECTOR	0.25	Director	$0	$0	$0
DOMINIC A LEA	DIRECTOR	0.25	Director	$0	$0	$0
STEVE COLLINS	DIRECTOR	0.25	Director	$0	$0	$0
KATIE SNYDER	PRESIDENT	0.25	Director	$0	$0	$0
ROB WOLFF	DIRECTOR	0.25	Director	$0	$0	$0
JIM MORAN	DIRECTOR	0.25	Director	$0	$0	$0
KATERINA DICHIARA	DIRECTOR	0.25	Director	$0	$0	$0
DAVID VITTORI	DIRECTOR	0.25	Director	$0	$0	$0
SARAH MELVIN	DIRECTOR	0.25	Director	$0	$0	$0
KAI VERNSTROM	DIRECTOR	0.25	Director	$0	$0	$0
ALEX CHAMBERLAIN	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL ALTOBELLO	TREASURER	0.25	Director	$0	$0	$0
ALEXANDRIA REAL ESTATE	DIRECTOR	0.25	Director	$0	$0	$0
MELISSA FERREIRA	DIRECTOR	0.25	Director	$0	$0	$0
KEVIN BRADLEY	DIRECTOR	0.25	Director	$0	$0	$0
MARK PETERSON	ADVISORY MEMBER	0.25	Director	$0	$0	$0
KRISTY PARTLOW	DIRECTOR	0.25	Officer	$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
2025	$128,667	$162,628	$98,710	$-33,961
2018	$73,377	$107,782	$22,817	$-34,405

WATERTOWN TRANSPORTATION MANAGEMENT ASSOCIATION INC