BRISTOL, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FALL RIVER ADMINISTRATORS ASSOCIATION, founded in 2022, is a small nonprofit in the Employment sector that reported $142K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 31% operating margin.
FORM 990- ORGANIZATION'S MISSION THE FALL RIVER SCHOOL COMMITTEE RECOGNIZES THE FALL RIVER ADMINISTRATORS ASSOCIATION (FRAA) AS THE EXCLUSIVE COLLECTIVE BARGAINING REPRESENTATIVE FOR THE MEMBERS OF ITS ADMINISTRATIVE STAFF. BOARD MEMBERS ENGAGE IN THESE MEETINGS ON BEHALF OF THE FRAA. WHENEVER A GRIEVANCE IS INSTITUTED AGAINST AN ADMINISTRATOR BY A MEMBER OF ANOTHER BARGAINING UNIT, THE ADMINISTRATOR WILL HAVE THE RIGHT TO BE REPRESENTED AT ALL STAGES OF THE GRIEVANCE PROCEDURE BY A REPRESENTATIVE OF HIS/HER OWN CHOOSING, INCLUDING A REPRESENTATIVE OF THE ASSOCIATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $142,260 | $87,161 | +0.6% |
| Expenses | $97,851 | $101,406 | 0.0% |
| Net Income | $44,409 | $-14,245 | -4.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GEORGE ACKLEY | PRESIDENT | 1.00 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| LIBERIA PHELAN | VICE PRESIDE | 1.00 |
Officer
Director
|
$4,000 | $0 | $4,000 |
| DENISE MIGA | TREASURER | 1.00 |
Officer
Director
|
$3,000 | $0 | $3,000 |
| MATHEW SILVA | SECRETARY | 1.00 |
Officer
Director
|
$3,000 | $0 | $3,000 |
| TIERNEY GIFFORD | AT- LARGE ME | 1.00 |
Director
|
$1,500 | $0 | $1,500 |
| REBECCA H HICKSROSOW | AT- LARGE ME | 1.00 |
Director
|
$1,500 | $0 | $1,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $142,260 | $97,851 | $96,799 | $44,409 |
| 2023 | $87,161 | $101,406 | $52,390 | $-14,245 |
| 2022 | $80,910 | $93,911 | $66,635 | $-13,001 |
Compare FALL RIVER ADMINISTRATORS ASSOCIATION with other nonprofits in Rhode Island and across the country.