LUCY PARSONS CENTER INC

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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

1992

Legal Domicile

Phone

6175226098

Tax Period

2024-01-01 to 2024-12-31

LUCY PARSONS CENTER INC, founded in 1992, is a small nonprofit in the Education sector that reported $294K in total revenue in fiscal year 2024. Expenses of $282K left a modest 4% surplus.

Mission

OPERATE AN INDEPENDENT BOOKSTORE AND COMMUNITY CENTER

Program Service Accomplishments

Program 1

Expenses: $250,327

FISCAL AGENT FOR BOSTON UNIVERSITY GRADUATE WORKER SUPPORT FUND. DISTRIBUTED RELIEF FUNDS TO ELIGIBLE WORKERS

Program 2

Expenses: $31,956

OPERATE AN INDEPENDENT BOOKSTORE AND COMMUNITY CENTER SERVING THE BOSTON AREA

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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 (2024)

Revenue Breakdown

Contributions & Grants $278,531

Program Service Revenue $0

Investment Income $2

Other Revenue $15,140

TOTAL REVENUE $293,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $282,283

Other Expenses $282,283

TOTAL EXPENSES $282,283

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,673	N/A	N/A
Expenses	$282,283	N/A	N/A
Net Income	$11,390	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX ADAMSON	PRESIDENT AND DIRECTOR	2.00	Officer Director	$0	$0	$0
ALICE JENNINGS	TREASURER AND DIRECTOR	2.00	Officer Director	$0	$0	$0
MICAELA PRYOR	CLERK AND DIRECTOR	2.00	Officer 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	$293,673	$282,283	$153,395	$11,390