GREATER BOSTON NURSING COLLECTIVE … - 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

2018

Legal Domicile

Principal Officer

KATHERINE GREGORY

Phone

6179094283

Tax Period

2024-01-01 to 2024-12-31

Mission

THE GREATER BOSTON NURSING COLLECTIVE (GBNC) EXISTS TO PROMOTE HEALTH AND WELL-BEING IN THE GREATER BOSTON AREA AND INFLUENCE THE SAME NATIONALLY. IT IS A FORUM FOR NURSES TO WORK TOGETHER AS A COMMUNITY TO IDENTIFY, PLAN, FUND, RESEARCH AND DISSEMINATE STRATEGIC INITIATIVES DESIGNED TO ADVANCE THE SCIENCE AND PRACTICE OF INTEGRATIVE NURSING.

Program Service Accomplishments

Program 1

IT IS A FORUM FOR NURSES TO WORK TOGETHER AS A COMMUNITY TO IDENTIFY, PLAN, FUND, RESEARCH AND DISSEMINATE STRATEGIC INITIATIVES DESIGNED TO ADVANCE THE SCIENCE AND PRACTICE OF INTEGRATIVE NURSING.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,924

TOTAL EXPENSES $1,924

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$42,500	-1.0%
Expenses	$1,924	$6,372	-0.7%
Net Income	N/A	$36,128	N/A

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
TERRY HUDSON JINKS	PRESIDENT	25.00	Officer Director	$0	$0	$0
KATHERINE GREGORY	TREASURER	2.50	Officer Director	$0	$0	$0
LAURA J WOOD	CLERK	2.50	Officer Director	$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	No data	No data	No data	No data
2024	No data	$1,924	$209,696	No data
2023	$42,500	$6,372	$211,620	$36,128
2022	$71,516	$34,232	$175,491	$37,284
2021	$27,500	$10,716	$138,207	$16,784
2020	$82,500	$25,258	$121,468	$57,242
2019	$106,500	$112,902	$64,226	$-6,402
2018	$213,800	$143,217	$85,167	$70,583

GREATER BOSTON NURSING COLLECTIVE INC