The Massachusetts Society for Respiratory Therapy Inc

Nonprofit profile at a glance

EIN
042648882
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Canton, MA, USA
Phone
6178271811
Rating
39
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$74,907
Expenses
$84,486
Assets
$233,926
Liabilities
$2,900

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • FAMS TAAL (PRESIDENT)
  • MICHAEL MADISON (PRESIDENT-EL)

People named in this filing

  • JOSEPH HIGGINS (TREASURER)
  • KEITH HIRST (SENIOR DELEG)
  • MICHAEL JOY (PAST-PRESIDE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide and encourage educational programs and profesional development for persons interested in the field of respiratory therapy through meetings, lectures, scholarships, and other materials.

What it reported doing in 2024

The organization encouraged and stimulated educational programs and professional development on a regional and statewide basis for those persons working and interested in the field of respiratory therapy through meetings, lectures, newsletters, provision of twelve awards for persons for their board exams and membership fees to our national organization, and various materials available. The annual conference, normally attended by over 300 people, is the largest event held by the organization.

Operating model

Revenue model
Earned-program. 90% of the money available for current operations came from fees and other program revenue.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

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

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.1%; rating input score 2
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -12.8%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 2.1% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.