Massachusetts Teachers Association

Nonprofit profile at a glance

EIN
237132795
IRS 990-EZ coverage
2012–2022
Forms available
Form 990-EZ 2022, Form 990-N 2011
Location
Needham, MA, USA
Phone
7814550480
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$86,673
Expenses
$68,793
Assets
$285,092
Liabilities
$104,681

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Caren Firger (President)

People named in this filing

  • Caren Firger (President)
  • David Bookston (CO-VP of finance)
  • Paula Hartigan-Patey (CO-VP of finance)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance the socio-economic well being of educators.

What it reported doing in 2022

To advance the socio-economic well being of educators

Operating model

Revenue model
Membership-supported. 83% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.3%; rating input score 48
  • Program expense ratio: 60.9%; rating input score 61

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 4.14; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 38%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -17.4% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 48.3% of revenue deployed · 60.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $42K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2012 to 2022
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.