MASSACHUSETTS BAIL FUND INC (EIN 824924766) - Form 990 Financial Analysis & Trantor Score

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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

JANHAVI MADABUSHI

Phone

6178194580

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS BAIL FUND INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $597K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $6.3M represent 126 months of operating reserves.

Mission

The Massachusetts Bail Fund is committed to the harm reduction of freeing individuals serving pretrial sentences

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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 (2023)

Revenue Breakdown

Contributions & Grants $593,120

Program Service Revenue $0

Investment Income $0

Other Revenue $3,427

TOTAL REVENUE $596,547

Expense Breakdown

Grants Paid $21,250

Salaries & Benefits $323,338

Fundraising Expenses $35,263

Program Expenses $308,533

Other Expenses $267,597

TOTAL EXPENSES $612,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$596,547	$699,656	-0.1%
Expenses	$612,185	$659,944	-0.1%
Net Income	$-15,638	$39,712	-1.4%

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

Volunteers

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

$90,595

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA THRALL	PRESIDENT	5.000	Officer Director	$0	$0	$0
ATARA RICH-SHEA	TREASURER	5.000	Officer Director	$0	$0	$0
REBECCA AMDEMARIAM	CLERK	5.000	Officer Director	$0	$0	$0
HOPE HAFF	DIRECTOR	5.000	Director	$0	$0	$0
BRANDY BARTA	DIRECTOR	5.000	Director	$0	$0	$0
LIPOU LALIEMTHAVISAY	DIRECTOR	5.000	Director	$0	$0	$0
BARBARA LOMAX	DIRECTOR	5.000	Director	$0	$0	$0
JANHAVI MADABUSHI	EXECUTIVE DIRECTOR	40.00	Key Emp	$90,595	$0	$90,595

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	$596,547	$612,185	$6,390,445	$-15,638
2022	$699,656	$659,944	$6,288,623	$39,712
2021	$1,050,686	$384,019	$6,244,974	$666,667
2020	$6,132,722	$1,868,659	$5,592,854	$4,264,063
2019	$674,329	$148,862	$1,324,206	$525,467
2019	$674,329	$148,862	$1,324,206	$525,467
2018	$940,566	$142,730	$799,435	$797,836

MASSACHUSETTS BAIL FUND INC