Massachusetts Teachers Association Dba 261 New Bedford Educators Assn
Nonprofit profile at a glance
- EIN
- 237062560
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- New Bedford, MA, USA
- Phone
- 5089844441
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,309,017
- Expenses
- $1,283,477
- Assets
- $665,297
- Liabilities
- $136,210
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- THOMAS NICKERSON (PRESIDENT)
- CHRIS GARCIA (VICE PRESIDENT)
Highest reported compensation
- THOMAS NICKERSON (PRESIDENT): $107,905 total reported compensation
- CHRIS GARCIA (VICE PRESIDENT): $4,876 total reported compensation
- LYNN DRAYTON (VP UNIT A): $1,126 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The association represents new bedford public school teachers in employment contract matters.
What it reported doing in 2024
The association represented teachers in the new bedford public school system in matters of contract development, grievences and leadership training.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Affiliate network. The nonprofit sent 87% of its reported program spending through affiliated organizations.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 84
- Accountability: 86
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 8.9%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 23.8% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 17.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 88% of revenue deployed · 89.9% of spending went to programs
- Governance: 22 of 22 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $108K · 23 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.