Structural Deficit
Structural Deficit
Structural Deficit Market Archetype Mechanical Natural
Tier
Priority Review
Trajectory Thumbprint

Structural Deficit

What does this mean?

Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.

The Path Forward

The Truth-Teller

Forces necessary, painful cuts to preserve the core. It demands that the organization stop borrowing from its future and align its current programmatic output with actual sustainable revenue.

The Truth-Teller
The Truth-Teller
Institutional Health Scores
5-yr trend: Structural Deficit ↓
Overall
37
Score
Governance
58
Score
Financial
5
Score
Program
60
Score

Institutional Epochs

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Financial Era
Governance Era
Trajectory Era
Structural Deficit

Historical Performance

Year Revenue Top Comp Comp % Rev Score Phase Label Outlook Details
2025 Hidden Hidden — — Unknown —
2024 Hidden Hidden — — Unknown —
2023 — — 4.2% 37 Financially Distressed Decline Risk
2022 — — 4.7% 41 Financially Distressed Decline Risk
2021 — — 8.8% 50 Fragile Recovery
2020 — — 7.9% 34 Critical Intervention Needed Decline Risk
2019 — — 3.7% 39 Financially Distressed Recovery
2018 — — 3.4% 35 Financially Distressed Decline Risk
2017 — — 3.6% 37 Financially Distressed Recovery
2016 — — 4.0% 35 Financially Distressed Decline Risk
2015 — — 5.9% 40 Financially Distressed Recovery
2014 — — 4.4% 39 Financially Distressed Recovery
2013 — — 4.4% 35 Financially Distressed Stable Watch
2012 — — 6.9% 34 Critical Intervention Needed Stable Watch
2011 — — 6.5% 34 Critical Intervention Needed Stable Watch

Officer compensation history

Tax year 2025

Name Title Phone Email Compensation
Elisabeth Christensen Board Member Hidden
Derek Beckvold Board Member Hidden
Benjamin Zander Board Member —
Sherie Bush Board President —
Andrew Goodearl Board President —
Janice Forgays Secretary —
Thomas J Raffa Treasurer —
Jerilyn Asher Board Member —
Armenne Derderian Board Member —
Benjamin Zander Board Member —
Charles Dornbush Board Member —
Erik Ryan Board President —
Geralyn Dreyfous Board Member —
Andrew Goodearl Board President —
Jackie Fearer Board Member —
Janice Forgays Secretary —
Urs Gauchat Board Member —
Thomas J Raffa Treasurer —
Sung-Dae Hong Board Member —
Jerilyn Asher Board Member —
Patricia Kung Board Member —
Armenne Derderian Board Member —
Winfield Perry Board Member —
Charles Dornbush Board Member —
Erik Ryan Board Member —
Geralyn Dreyfous Board Member —
Malcolm Salter Board Member —
Urs Gauchat Board Member —
Peter Sheckman Board Member —
Sung-Dae Hong Board Member —
Richard Trant Board Member —
Winfield Perry Board Member —
Peter Sheckman Board Member —
Richard Trant Board Member —

Tax year 2023

Name Title Phone Email Compensation
ELISABETH CHRISTENSEN Board Member Hidden
BENJAMIN ZANDER Board Member —
SHERIE BUSH Board President —
THOMAS J RAFFA Treasurer —
ANDREW GOODEARL Board President —
JANICE FORGAYS Secretary —
JERILYN ASHER Board Member —
ARMENNE DERDERIAN Board Member —
CHARLES DORNBUSH Board Member —
GERALYN WHITE DREYFOUS Board Member —
JACQUELINE FEARER Board Member —
URS GAUCHAT Board Member —
SUNG-DAE HONG Board Member —
PATRICIA KUNG Board Member —
WINFIELD PERRY Board Member —
MALCOLM SALTER Board Member —
PETER SHECKMAN Board Member —
TRICIA ROSE STONE Board Member —
RICHARD JAMES TRANT Board Member —

Tax year 2022

Name Title Phone Email Compensation
ELISABETH CHRISTENSEN Board Member Hidden
BENJAMIN ZANDER Board Member Hidden
SHERIE BUSH Board President —
THOMAS J RAFFA Treasurer —
ANDREW GOODEARL Secretary —
JERILYN ASHER Board Member —
PETER BOBERG Board Member —
BRUCE COPPOCK Board Member —
ARMENNE DERDERIAN Board Member —
CHARLES DORNBUSH Board Member —
GERALYN WHITE DREYFOUS Board Member —
JANICE FORGAYS Board Member —
THOMAS GALLITANO Board Member —
STEPHEN HERBERT Board Member —
PAUL KORNGIEBEL Board Member —
PETER SHECKMAN Board Member —
RICHARD JAMES TRANT Board Member —

Tax year 2021

Name Title Phone Email Compensation
ELISABETH CHRISTENSEN Board Member Hidden
BENJAMIN ZANDER Board Member Hidden
ARMENNE DERDERIAN Board Member Hidden
SHERIE BUSH Board President —
THOMAS J RAFFA Treasurer —
THOMAS GALLITANO Secretary —
BRUCE COPPOCK Board Member —
CHARLES DORNBUSH Board Member —
PETER BOBERG Board Member —
JANICE FORGAYS Board Member —
ANDREW GOODEARL Board Member —
STEPHEN HERBERT Board Member —
STEPHANIE OESTREICH Board Member —
KANNAN RAMASAMY Board Member —
PETER SHECKMAN Board Member —
RICHARD JAMES TRANT Board Member —
PAUL KORNGIEBEL Board Member —
Officer contact details, exact compensation figures, and active litigation are available to verified members.
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Score breakdown

Score breakdown

Financial resilience
5 / 100
weight 40%
Governance risk
58 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
37 / 100
Priority Review

The three components combine into a single 0–100 score weighted as shown. Full methodology →

Peer comparison

Compared to 376 other orgs in MA with NTEE prefix A6.

Most-divergent component: financial score sits 50 points below the peer median (5 vs. 55).

5-year trend: Structural Deficit

Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.

What's driving this score

What would change this score

The two changes that would most improve this score:

  1. Build cash reserves to at least 3 months of operating expenses — moves financial resilience score meaningfully (~10 points).

Improving governance is a board decision. These are the levers.