Fall River Educators' Association INC EIN 23-7037161 Form 990 (PDF) Claim this org

Fall River Educators' Association INC FY2022 filing

Not yet claimed Claim this org →

Negotiates contracts and advocates for Fall River teachers' rights and working conditions. For fiscal year 2022 it reported $179K in revenue, $209K in expenses, and $375K in net assets.Pt I

Founded
1985
Type
Business league / trade association · Nonprofit
Location
Fall River, MA
Website
www.fallrivereducators.org
Filings
5 on file (2020–2022)
Revenue
$179KFY2022
Expenses
$209K
Net assets
$375K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7037161 Business league / trade association Fall River, MA Founded 1985
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Fall River Educators' Association INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Negotiates contracts and advocates for Fall River teachers' rights and working conditions.
Leadership
Keith Michon JR · President · $5K
Money in and out
$179K revenue, $209K expenses
Bottom line
-17% operating surplus
Membership & operating revenue · FY2022
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$375K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$30K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Operating surplus
-17%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
76%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$179K
FY2022▼ -3%
Expenses
$209K
FY2022▲ +19%
Total assets
$440K
FY2022▼ -6%
Total liabilities
$64K
FY2022▲ +6%
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$375K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$30K
Total assetsPt X · Ln 16$440K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFall River Educators' Association INC
EINHdr · item D23-7037161
Principal addressHdr · item CFall River, MA
WebsiteHdr · item Jwww.fallrivereducators.org
Year of formationHdr · item L1985
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$4,704Pt VII · Sec A
$2,304Pt VII · Sec A
Treasurer
$2,304Pt VII · Sec A
Secretary/Clerk
$2,304Pt VII · Sec A
Vice President
$1,728Pt VII · Sec A
Director
$1,728Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Keith Michon JR$5,190$4,944$4,792$4,704
Rebeca Cusick$4,704$4,704
Corey Anderson$2,604
Loryn Shea$2,604
Karl Amaral$2,604$2,484$2,392$2,304$2,304$2,304
Kerri Furtado$2,604
Donna Torres$621$2,392$1,728$2,496
Rebecca Jontos$217$2,484$2,392$2,304$2,304$1,920

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fall River Educators' Association INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

Bargaining and other union related services provided to fall river teachers

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$153K · 85%
Other revenue$26K · 15%
Contributions & grants85%$153K
Other revenue15%$26K
Investment income$62
Total revenueLn 12$179K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$155K
Management & general26%$55K
Total functional expensesLn 25$209K

Balance Sheet

Part X · end of year
CashLn 1$320K
Total assetsLn 16$440K
Total liabilitiesLn 26$64K
Total net assetsLn 32$375K
Months of cash on handcomputed18.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $320K · Operating expenses/yr $209K
18.3 months
Where the money goes
Program services
Program services $155K · Total expenses $209K
74%
Management & General
Management & general $55K · Total expenses $209K
26%
Fundraising
Fundraising $0 · Total expenses $209K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $161K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $153K · Total revenue $179K
85%
Government reliance
Government grants — · Total revenue $179K
Earned-income share
Program service revenue $0 · Total revenue $179K
0%
Investment reliance
Investment income $62 · Total revenue $179K
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $209K
0%
Growth & trend
Revenue growth (YoY)
This year $179K · Prior year $184K
-3%
Net-asset trend (YoY)
End of year $375K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $179K · Expenses $209K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $440K
Net-asset ratio
Net assets $375K · Total assets $440K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $440K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Keith Michon JR · Reported title PRESIDENT · Highest reported compensation $5K · Total expenses $209K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $159K · Total expenses $209K
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth -3%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$21K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$218K revenue · ⤓ 990 PDF
FY2023$179K revenue · ⤓ 990 PDF
FY2022$179K revenue · viewing · ⤓ 990 PDF
FY2021$184K revenue · ⤓ 990 PDF
FY2020$189K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.