MASSACHUSETTS LGBT BUSINESS NETWORK INC (EIN 850612647) - 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

2020

Legal Domicile

Principal Officer

GRACE MORENO

Phone

8778295500

Tax Period

2022-07-01 to 2023-06-30

MASSACHUSETTS LGBT BUSINESS NETWORK INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $546K in total revenue in fiscal year 2022. Revenue surged 1654% from the prior year, signaling strong growth momentum. The organization ran a surplus of $248K, a strong 45% operating margin.

Mission

THE MA LGBTQ+ BUSINESS NETWORK OFFERS TECHNICAL ASSISTANCE, EDUCATION OPPORTUNITIES, COACHING AND TRAINING TO ALL MEMBERS OF THE MA LGBTQ+ COMMUNITY AND IT'S ALLIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $546,098

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $546,098

Expense Breakdown

Grants Paid $295,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $297,882

Other Expenses $3,096

TOTAL EXPENSES $298,096

Year-over-Year Comparison

	2022	2021	Change
Revenue	$546,098	$31,138	+16.5%
Expenses	$298,096	$113,944	+1.6%
Net Income	$248,002	$-82,806	-4.0%

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

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
GRACE MORENO	CEO/DIRECTOR	4.00	Officer Director	$0	$0	$0
JOSIANE MARTINEZ	PRESIDENT/DIRECTOR	3.00	Officer Director	$0	$0	$0
MANASSAH BRADLEY	TREASURER/DIRECTOR	3.00	Officer Director	$0	$0	$0
JENNIFER PINCK	CLERK/DIRECTOR	1.00	Officer Director	$0	$0	$0
MALIA C LAZU	DIRECTOR	1.00	Director	$0	$0	$0
NANCY STAGER	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$546,098	$298,096	$264,494	$248,002
2023	$546,098	$298,096	$264,494	$248,002

MASSACHUSETTS LGBT BUSINESS NETWORK INC