CENTRAL MASSACHUSETTS VETERANS SUPPORT INC (EIN 920850236) - 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

2022

Legal Domicile

Principal Officer

MARY KRUMSIEK

Phone

7742899376

Tax Period

2024-01-01 to 2024-12-31

CENTRAL MASSACHUSETTS VETERANS SUPPORT INC, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $232K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

To Provide essential support to military personnel and veterans in Central Massachusetts by assisting these selfless individuals with necessities such as food, clothing, comfort care, and other essentials.

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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 $220,164

Program Service Revenue $0

Investment Income $88

Other Revenue $12,247

TOTAL REVENUE $232,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,115

Fundraising Expenses $1,500

Program Expenses $234,398

Other Expenses $163,239

TOTAL EXPENSES $246,354

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,499	$281,947	-0.2%
Expenses	$246,354	$90,155	+1.7%
Net Income	$-13,855	$191,792	-1.1%

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

N/A

Employees

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
MARY KRUMSIEK	President	20.00	Director	$0	$0	$0
THOMAS TURCO	Vice President	5.00	Director	$0	$0	$0
THOMAS LAMICA	Director	0.00	Director	$0	$0	$0
TIMOTHY NICKERSON	Director	0.00	Director	$0	$0	$0
KENNETH PERRO	Director	0.00	Director	$0	$0	$0
KEVIN L MERCADANTE	Director	0.00	Director	$0	$0	$0
CHRIS RUCHO	Secretary	0.00	Director	$0	$0	$0
THOMAS LAMOTHE	Treasurer	0.00	Director	$0	$0	$0
PATRICK PURCELL	Director	0.00	Director	$0	$0	$0
JULIE VANARSDALEN	Director	0.00	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	$232,499	$246,354	$178,317	$-13,855
2023	$281,947	$90,155	$191,792	$191,792

CENTRAL MASSACHUSETTS VETERANS SUPPORT INC