LEO INC (EIN 042378885) - Form 990 Financial Analysis & Trantor Score

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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

1965

Legal Domicile

Principal Officer

KARA MURPHY

Phone

7815817220

Tax Period

2023-10-01 to 2024-09-30

LEO INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $16.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 18% operating margin.

Mission

TO STRENGTHEN THE GREATER LYNN COMMUNITY THROUGH RESOURCES AND SERVICES THAT PROVIDE OPPORTUNITIES FOR CHILDREN, FAMILIES AND INDIVIDUALS TO THRIVE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,696,282

Program Service Revenue $59,867

Investment Income $199,761

Other Revenue $-19,090

TOTAL REVENUE $16,936,820

Expense Breakdown

Grants Paid $4,166,140

Salaries & Benefits $8,125,354

Fundraising Expenses $49,663

Program Expenses $12,196,483

Other Expenses $1,605,419

TOTAL EXPENSES $13,908,941

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,936,820	$15,135,468	+0.1%
Expenses	$13,908,941	$13,911,047	0.0%
Net Income	$3,027,879	$1,224,421	+1.5%

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

Governance

Voting Members

Independent Members

Employees

144

Volunteers

270

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

$392,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES LOW	PRESIDENT	0.50	Officer Director	$0	$0	$0
POSAN UNG	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
CHRIS BENDICKSEN	TREASURER	0.50	Officer Director	$0	$0	$0
KIMBERLY ROWE-CUMMINGS	CLERK	0.50	Officer Director	$0	$0	$0
EDDIE GOMEZ	ASST CLERK	0.50	Officer Director	$0	$0	$0
PAOLA COLUNGA	DIRECTOR	0.50	Director	$0	$0	$0
JACQUELINE GALLO	DIRECTOR	0.50	Director	$0	$0	$0
JANE LAVIOE	DIRECTOR	0.50	Director	$0	$0	$0
NICOLE MCCLAIN	DIRECTOR	0.50	Director	$0	$0	$0
ADRIANA MOSCHELLA	DIRECTOR	0.50	Director	$0	$0	$0
JOYCE M REEN	DIRECTOR	0.50	Director	$0	$0	$0
JAMES HIGGS	PRESIDENT	0.50	Officer Director	$0	$0	$0
DIANA PEREZ	DIRECTOR	0.50	Director	$0	$0	$0
BIRGITTA S DAMON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$177,748	$46,695	$224,443
KARA MURPHY	CHIEF FINANCIAL OFFICER	40.00	Officer	$143,088	$25,212	$168,300
LILIAN ROMERO	CHIEF PROGRAM OFFICER	40.00	Highest	$130,098	$31,821	$161,919
JENNIFER L MAUCHE	DIRECTOR OF HR	40.00	Highest	$115,886	$37,728	$153,614
BRIDGET G BERTRAND	PROGRAM DIRECTOR	40.00	Highest	$135,830	$13,977	$149,807
LISA MCFADDEN	DEVELOPMENT DIRECTOR	40.00	Highest	$117,626	$23,359	$140,985
MARILYN PERRY	DIRECTOR OF NUTRITION & HEALTH	40.00	Highest	$117,651	$17,665	$135,316

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	$16,936,820	$13,908,941	$24,242,226	$3,027,879
2023	$15,135,468	$13,911,047	$16,653,765	$1,224,421
2022	$18,267,764	$15,160,352	$14,326,514	$3,107,412
2021	$12,741,162	$11,797,646	$14,551,712	$943,516
2020	$12,216,268	$11,960,681	$12,216,141	$255,587
2018	$10,870,943	$10,732,947	$9,508,524	$137,996

LEO INC