GREATER LYNN SENIOR SERVICES INC (EIN 042581129) - 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

1975

Legal Domicile

Principal Officer

KATHRYN C BURNS

Phone

7815990110

Tax Period

2023-07-01 to 2024-06-30

GREATER LYNN SENIOR SERVICES INC, founded in 1975, is a mid-sized nonprofit that reported $67.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

GLSS IS BUILDING HEALTHIER AND MORE LIVABLE COMMUNITIES FOR ALL.

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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 $40,148,185

Program Service Revenue $26,556,793

Investment Income $228,374

Other Revenue $204,614

TOTAL REVENUE $67,137,966

Expense Breakdown

Grants Paid $26,992

Salaries & Benefits $17,683,268

Fundraising Expenses $0

Program Expenses $60,159,745

Other Expenses $48,612,709

TOTAL EXPENSES $66,322,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,137,966	$56,234,879	+0.2%
Expenses	$66,322,969	$55,906,841	+0.2%
Net Income	$814,997	$328,038	+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

260

Volunteers

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

$467,999

Total Directors

Key Employees

$385,060

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELSON CHANG	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY MAGNER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARIE YANNACO-GRANT	CLERK	1.00	Officer Director	$0	$0	$0
JOSEPH SANO	TREASURER	1.00	Officer Director	$0	$0	$0
PETER ROSSETTI	DIRECTOR	1.00	Director	$0	$0	$0
BRENDAN WARD	DIRECTOR	1.00	Director	$0	$0	$0
GUISSEPE SCIANATICO	DIRECTOR	1.00	Director	$0	$0	$0
NAOMI DREEBEN	DIRECTOR	1.00	Director	$0	$0	$0
DONECCA THURSTON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE DAMICO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT LONG	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN BURNS	CEO	40.00	Officer	$221,728	$24,971	$246,699
KEVIN DERRIVAN	CFO	40.00	Officer	$192,746	$28,554	$221,300
VALERIE PARKER CALLAHAN	DIRECTOR OF POPULATION HEALTH	40.00	Key Emp	$183,168	$16,208	$199,376
SCOTT ROBERTSON	DIRECTOR OF FINANCIAL PLANNING	40.00	Key Emp	$161,042	$24,642	$185,684
HOLLY JARRELL-MARCINELLI	DIRECTOR OF CONSUMER SERVICES	40.00	Highest	$163,780	$28,583	$192,363
AMBROSE MONTANO	DIRECTOR OF SCO	40.00	Highest	$157,393	$12,461	$169,854
LISA WHARFF	DIRECTOR OF HUMAN RESOURCE	40.00	Highest	$152,701	$22,163	$174,864
MARIE CASTINEYRA	SENIOR LEGAL COUNSEL	32.00	Highest	$147,546	$28,267	$175,813
JAMIE CLERMONT	CONTROLLER	40.00	Highest	$144,988	$28,418	$173,406

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
2025	No data	No data	No data	No data
2024	$67,137,966	$66,322,969	$24,623,059	$814,997
2023	$56,234,879	$55,906,841	$22,541,505	$328,038
2022	$54,014,543	$47,236,024	$20,881,596	$6,778,519
2021	$40,529,728	$40,743,136	$20,073,242	$-213,408
2020	$68,910,879	$70,754,586	$21,594,077	$-1,843,707
2019	$68,955,287	$70,090,342	$19,822,232	$-1,135,055
2018	$67,500,075	$67,905,305	$20,632,693	$-405,230

GREATER LYNN SENIOR SERVICES INC