LYNN BUSINESS EDUCATION FOUNDATION INC

EIN: 042937255 501(c)(3)

LYNN, MA

Total Revenue
$63,005
Total Expenses
$82,698
Total Assets
$153,089
Net Assets
$138,109
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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
1986
Legal Domicile
MA
Principal Officer
JOHN GREELEY
Phone
7815925599
Tax Period
2019-07-01 to 2020-06-30

LYNN BUSINESS EDUCATION FOUNDATION INC, founded in 1986, is a micro nonprofit that reported $63K in total revenue in fiscal year 2019. Revenue surged 106% from the prior year, signaling strong growth momentum. Expenses of $83K exceeded revenue, resulting in a 31% operating deficit.

Mission

DEVELOPMENT OF PROGRAMS IN SCHOOLS

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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 (2019)

Revenue Breakdown

Contributions & Grants $59,670
Program Service Revenue $0
Investment Income $3,599
Other Revenue $-264
TOTAL REVENUE $63,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,630
Other Expenses $82,698
TOTAL EXPENSES $82,698

Year-over-Year Comparison

2019 2018 Change
Revenue $63,005 $30,633 +1.1%
Expenses $82,698 $42,848 +0.9%
Net Income $-19,693 $-12,215 +0.6%
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
14
Independent Members
14
Employees
N/A
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
5
$15,000
Total Directors
13
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GALE THOMAS CO-EXECUTIVE 20.00
Officer Director
$8,000 $0 $8,000
JOHN GREELEY CO EX DIR & 20.00
Officer Director
$7,000 $0 $7,000
GREGORY AMBROSE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
PAULINE COULON DIRECTOR 1.00
Director
$0 $0 $0
ROBIN ENNIS DIRECTOR 1.00
Director
$0 $0 $0
DR PATRICK FRESCO DIRECTOR 1.00
Director
$0 $0 $0
ROSARIO FRESCO DIRECTOR 1.00
Director
$0 $0 $0
CHARLES GALLO PRESIDENT 2.00
Officer Director
$0 $0 $0
RICHARD GORHAM DIRECTOR 1.00
Director
$0 $0 $0
ALICE GUNNING DIRECTOR 1.00
Director
$0 $0 $0
SHEILA O'NEIL DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE PERRY SECRETARY 2.00
Officer Director
$0 $0 $0
STEPHON UPTON DIRECTOR 1.00
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
2020 $63,005 $82,698 $153,089 $-19,693
2019 $30,633 $42,848 $232,802 $-12,215
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