LEARN TO LEAD FOUNDATION OF LOWELL INC

EIN: 043491690 501(c)(3) Education

LOWELL, MA

Total Revenue
$4,054,091
Total Expenses
$645,167
Total Assets
$11,760,372
Net Assets
$5,315,865
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MA
Principal Officer
DANIEL PARE
Phone
9783230800
Tax Period
2024-07-01 to 2025-06-30

LEARN TO LEAD FOUNDATION OF LOWELL INC, founded in 1999, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 351% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 84% operating margin.

Mission

TO SUPPORT THE DEVELOPMENT OF INNOVATIVE EDUCATIONAL PROGRAMS AT THE LOWELL COMMUNITY CHARTER PUBLIC SCHOOL. THE LOWELL COMMUNITY CHARTER PUBLIC SCHOOL WAS ESTABLISHED TO PREPARE A DIVERSE CROSS-SECTION OF CHILDREN OF LOWELL, MASSACHUSETTS FOR SUCCESS AS STUDENTS, CITIZENS AND WORKERS BY PROVIDING A COMPREHENSIVE CURRICULUM IN A SUPPORTIVE AND CHALLENGING MULTI-CULTURAL LEARNIG ENVIRONMENT. THE ORGANIZATION ALSO LEASES THE BUILDING AND GROUNDS TO THE SCHOOL THROUGH AN ANNUAL BOARD APPROVED LEASE AGREEMENT.

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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 $3,492,559
Program Service Revenue $558,243
Investment Income $3,289
Other Revenue $0
TOTAL REVENUE $4,054,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $645,167
Other Expenses $645,167
TOTAL EXPENSES $645,167

Year-over-Year Comparison

2024 2023 Change
Revenue $4,054,091 $898,297 +3.5%
Expenses $645,167 $613,862 +0.1%
Net Income $3,408,924 $284,435 +11.0%
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
7
Independent Members
7
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIMA SUON PRESIDENT 1.00
Officer Director
$0 $0 $0
DANIEL PARE TREASURER 1.00
Officer Director
$0 $0 $0
DONNA SAATI CLERK 1.00
Officer Director
$0 $0 $0
CRAIG THOMAS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JERUBIA ROMERO DIRECTOR 1.00
Director
$0 $0 $0
TENESHA SCARLETT DIRECTOR 1.00
Director
$0 $0 $0
KAREN TOBON BETANCUR 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
2025 $4,054,091 $645,167 $11,760,372 $3,408,924
2024 $898,297 $613,862 $6,899,605 $284,435
2023 $832,146 $669,469 $7,002,461 $162,677
2022 $750,016 $498,353 $7,191,092 $251,663
2021 $672,646 $491,910 $7,317,281 $180,736
2020 $676,626 $598,504 $7,470,695 $78,122
2019 $687,614 $549,316 $7,703,242 $138,298
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