THE EVELYN LILLY LUTZ FOUNDATION

EIN: 042103885 501(c)(3) Philanthropy & Grantmaking

BEVERLY, MA

Total Revenue
$465,174
Total Expenses
$400,743
Total Assets
$12,905,351
Net Assets
$12,905,351
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
MA
Principal Officer
SUZANNE F GRAVES
Phone
9782361654
Tax Period
2023-01-01 to 2023-12-31

THE EVELYN LILLY LUTZ FOUNDATION, founded in 1949, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $465K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $401K left a modest 14% surplus.

Mission

THE FOUNDATION IS ENGAGED IN RAISING FUNDS FOR MEDICAL EDUCATION AND RESEARCH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $0
Investment Income $464,674
Other Revenue $0
TOTAL REVENUE $465,174

Expense Breakdown

Grants Paid $134,312
Salaries & Benefits $21,530
Fundraising Expenses $0
Program Expenses $337,317
Other Expenses $244,901
TOTAL EXPENSES $400,743

Year-over-Year Comparison

2023 2022 Change
Revenue $465,174 $364,444 +0.3%
Expenses $400,743 $291,593 +0.4%
Net Income $64,431 $72,851 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
33
Independent Members
33
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN A BARRAND MEMBER 0.00
Director
$0 $0 $0
SUZANNE F GRAVES PRESIDENT 5.00
Officer Director
$0 $0 $0
JAY BOTHWICK SECRETARY 1.00
Officer Director
$0 $0 $0
FRANCIS CLEARY MEMBER 0.00
Director
$0 $0 $0
JOHN KNOWLES TREASURER 1.00
Officer Director
$0 $0 $0
JEFFREY RUBEL TRUSTEE 0.00
Director
$0 $0 $0
LOUIS TRAMONTOZZI TRUSTEE 0.00
Director
$0 $0 $0
ERIN HEISKELL TRUSTEE 0.00
Director
$0 $0 $0
KATRINA SANDERS TRUSTEE 0.00
Director
$0 $0 $0
GEORGE BAZYLEWICZ MEMBER 0.00
Director
$0 $0 $0
RONALD NEWMAN MEMBER 0.00
Director
$0 $0 $0
JOSEPH HALEY MEMBER 0.00
Director
$0 $0 $0
MARK ALLARA MEMBER 0.00
Director
$0 $0 $0
JAMES CHAFEY MEMBER 0.00
Director
$0 $0 $0
FORRESTER CLARK MEMBER 0.00
Director
$0 $0 $0
HENRY FRISSORA MEMBER 0.00
Director
$0 $0 $0
PETER HERSEE MEMBER 0.00
Director
$0 $0 $0
DANIEL MCCULLOUGH MEMBER 0.00
Director
$0 $0 $0
GILBERT NORWOOD MEMBER 0.00
Director
$0 $0 $0
HUGH O'FLYNN MEMBER 0.00
Director
$0 $0 $0
JAMES O'HOLLERAN MEMBER 0.00
Director
$0 $0 $0
KIM PERRYMAN MEMBER 0.00
Director
$0 $0 $0
JAGRUIT PATEL MEMBER 0.00
Director
$0 $0 $0
RICHARD RUSSELL MEMBER 0.00
Director
$0 $0 $0
JONATHAN SCHREIBER MEMBER 0.00
Director
$0 $0 $0
DAVID SMAIL MEMBER 0.00
Director
$0 $0 $0
CARL SODERLAND MEMBER 0.00
Director
$0 $0 $0
MAHESH PATEL TRUSTEE 0.00
Director
$0 $0 $0
TOM SANDS TRUSTEE 0.00
Director
$0 $0 $0
WILLIAM HEINEMAN MEMBER 0.00
Director
$0 $0 $0
JON PAYSON MEMBER 0.00
Director
$0 $0 $0
WILLIAM MEAD MEMBER 0.00
Director
$0 $0 $0
STEVEB DISALVO MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $465,174 $400,743 $12,905,351 $64,431
2022 $364,444 $291,593 $11,459,898 $72,851
2021 $972,640 $792,151 $13,889,870 $180,489
2020 $454,045 $260,506 $13,157,521 $193,539
2018 $2,102,412 $426,439 $10,465,330 $1,675,973
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