LUCY PARSONS CENTER INC

EIN: 043159201 501(c)(3) Education

JAMAICA PLAIN, MA

Total Revenue
$293,673
Total Expenses
$282,283
Total Assets
$153,395
Net Assets
$148,105
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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
MA
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

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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 (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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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