MIT Free Speech Alliance (EIN 874018419) - 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

2021

Legal Domicile

Principal Officer

Wayne Stargardt

Phone

2155312171

Tax Period

2024-01-01 to 2024-12-31

MIT Free Speech Alliance, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $204K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $292K exceeded revenue, resulting in a 43% operating deficit.

Mission

To promote free expression, academic freedom, viewpoint diversity, and open scientific inquiry in the MIT community

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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 $203,814

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $203,814

Expense Breakdown

Grants Paid $11,500

Salaries & Benefits $140,166

Fundraising Expenses $13,917

Program Expenses $146,339

Other Expenses $139,964

TOTAL EXPENSES $291,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,814	$373,087	-0.5%
Expenses	$291,630	$248,479	+0.2%
Net Income	$-87,816	$124,608	-1.7%

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

$129,161

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter Bonilla	Executive Director	40.00	Officer	$126,881	$2,280	$129,161
Ken Kidd	Director	2.00	Director	$0	$0	$0
Eric Rasmusen	Director	5.00	Director	$0	$0	$0
Chuck Davis	Chair Emeritus	1.00	Director	$0	$0	$0
Melanie Ritcher	Director	0.50	Director	$0	$0	$0
Wayne Stargardt	President	17.00	Officer Director	$0	$0	$0
Cesarina Templeton	Treasurer	10.00	Officer Director	$0	$0	$0
Bill Frezza	Secretary	15.00	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
2024	$203,814	$291,630	$375,869	$-87,816
2023	$373,087	$248,479	$460,685	$124,608
2022	$343,048	$33,887	$309,161	$309,161

MIT Free Speech Alliance