MASSAUTONOMY INC (EIN 861598683) - 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

WASEEM NAQVI

Phone

6174568000

Tax Period

2023-01-01 to 2023-12-31

MASSAUTONOMY INC, founded in 2020, is a community nonprofit in the Science & Technology sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 380% from the prior year, signaling strong growth momentum. The organization ran a surplus of $634K, a strong 16% operating margin.

Mission

TO CONVENE AND COORDINATE AROUND THE CHALLENGES OF INTEGRATING UNMANNED AND AUTONOMOUS TECHNOLOGIES, TO EDUCATE THE PUBLIC ABOUT UNMANNED AND AUTONOMOUS SYSTEMS, TO SUPPORT THE VISION OF A VIBRANT INNOVATION AND ENTREPRENEURSHIP ECOSYSTEM FOR UNMANNED AND AUTONOMOUS TECHNOLOGIES IN MASSACHUSETTS, TO COLLECTIVELY FIND WAYS TO SOLVE TRANSPORTATION-RELATED PROBLEMS THROUGH THE USE OF UNMANNED AND AUTONOMOUS SYSTEMS, AND TO FOSTER THE IMPLEMENTATION AND OPERATIONALIZATION OF INNOVATIVE AND EXPERIMENTAL ENVIRONMENTS THAT CAN DEMONSTRATE WHAT IS REQUIRED FOR UNMANNED AND AUTONOMOUS TECHNOLOGIES TO OPERATE SAFELY.

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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 $0

Program Service Revenue $3,876,029

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,876,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $293,236

Fundraising Expenses $0

Program Expenses $3,067,402

Other Expenses $2,949,151

TOTAL EXPENSES $3,242,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,876,029	$807,041	+3.8%
Expenses	$3,242,387	$675,580	+3.8%
Net Income	$633,642	$131,461	+3.8%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WASEEM NAQVI	PRESIDENT, TREASURER	1.00	Officer Director	$0	$0	$0
PAIGE SCOTT REED	CLERK	1.00	Officer Director	$0	$0	$0
JEFFREY DECARLO	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD J O'HEARN	PROJECT DEV. MANAGER/UAS SPECIALIST	40.00	Highest	$114,269	$33,297	$147,566
SCOTT FERREIRA	REMOTE PILOT IN COMMAND	40.00	Highest	$106,020	$11,854	$117,874

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	$3,876,029	$3,242,387	$1,104,061	$633,642
2022	$807,041	$675,580	$296,079	$131,461

MASSAUTONOMY INC