ACT LAWRENCE INC (EIN 043408855) - 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

1996

Legal Domicile

Principal Officer

ERIKA HERNANDEZ

Phone

9786856274

Tax Period

2023-01-01 to 2023-12-31

ACT LAWRENCE INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $469K in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO WORK TO ACHIEVE SOCIAL AND ECONOMIC JUSTICE BY EMPOWERING LOW TO MODERATE ONCOME POPULATIONS IN LAWRENCE, MA THROUGH SHARED VALUES OF INCLUSIVENESS AND COLLABORATION TO RECLAIM A VOICE FOR LAWRENCE AND ADVOCATE SELF-DETERMINATION FOR ITS RESIDENTS THROUGH COMMUNITY DEVELOPMENT INITIATIVES SUCH AS AFFORDABLE HOUSING, FINANCIAL COACHING, AND YOUTH LEADERSHIP PROGRAMS.

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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 $446,063

Program Service Revenue $23,201

Investment Income $33

Other Revenue $0

TOTAL REVENUE $469,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,784

Fundraising Expenses $54,021

Program Expenses $245,109

Other Expenses $213,996

TOTAL EXPENSES $499,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$469,297	$472,723	0.0%
Expenses	$499,780	$456,924	+0.1%
Net Income	$-30,483	$15,799	-2.9%

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

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

Total Directors

$89,702

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIKA HERNANDEZ	EXECUTIVE DI	40.00	Director	$89,702	$0	$89,702
ALENNY ACEVEDO	DIRECTOR	2.00	Director	$0	$0	$0
RAISA CARRASCO-VELEZ	DIRECTOR	2.00	Director	$0	$0	$0
MABEL DOMINGUEZ	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LUIS SAENZ DE VIGUERA ERIKIAGA	DIRECTOR	2.00	Director	$0	$0	$0
ROSA MALDONADO	PRESIDENT	2.00	Officer Director	$0	$0	$0
HENRY OCH	TREASURER	2.00	Officer Director	$0	$0	$0
CRISTAL QUEZADA	CLERK	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	No data	No data	No data	No data
2023	$469,297	$499,780	$620,699	$-30,483
2022	$472,723	$456,924	$424,294	$15,799
2021	$661,977	$341,551	$461,459	$320,426
2020	$282,487	$286,124	$128,363	$-3,637
2019	$322,472	$274,317	$81,098	$48,155
2018	$314,776	$282,479	$55,710	$32,297

ACT LAWRENCE INC