HURREN STREET INC

EIN: 273124251 501(c)(3) Youth Development

LOWELL, MA

Total Revenue
$168,378
Total Expenses
$47,978
Total Assets
$6,444,436
Net Assets
$1,452,732
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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
2010
Legal Domicile
MA
Principal Officer
GREGG CROTEAU
Phone
9784419949
Tax Period
2023-07-01 to 2024-06-30

HURREN STREET INC, founded in 2010, is a small nonprofit in the Youth Development sector that reported $168K in total revenue in fiscal year 2023. Revenue surged 303% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 72% operating margin.

Mission

TO OWN AND DEVELOP THE BUILDING AT 34 HURD STREET IN LOWELL, MA FOR THE PURPOSE OF LEASING SUCH PROPERTY TO UTEC, INC.

Program Service Accomplishments

Program 1
Expenses: $35,294 Revenue: $167,165

TO OWN OR LEASE AND TO DEVELOP PROPERTY FOR THE PURPOSE OF LEASING SUCH PROPERTY TO OR DEVELOPING SUCH PROPERTY FOR THE SUPPORTED ORGANIZATIONS, ALL IN FURTHERANCE OF CHARITABLE PURPOSES WITHIN THE...

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TO OWN OR LEASE AND TO DEVELOP PROPERTY FOR THE PURPOSE OF LEASING SUCH PROPERTY TO OR DEVELOPING SUCH PROPERTY FOR THE SUPPORTED ORGANIZATIONS, ALL IN FURTHERANCE OF CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3).

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $167,165
Investment Income $1,212
Other Revenue $1
TOTAL REVENUE $168,378

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,294
Other Expenses $47,978
TOTAL EXPENSES $47,978

Year-over-Year Comparison

2023 2022 Change
Revenue $168,378 $41,793 +3.0%
Expenses $47,978 $181,346 -0.7%
Net Income $120,400 $-139,553 -1.9%
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

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Governance

Voting Members
4
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
4
$191,961
Total Directors
4
$191,961
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGG CROTEAU PRESIDENT 1.00
Officer Director
$0 $7,101 $191,961
BARBARA VLACICH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JOHN DIGIOVANNI TREASURER 1.00
Officer Director
$0 $0 $0
JUANCARLOS RIVERA SECRETARY 1.00
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
2025 No data No data No data No data
2024 $168,378 $47,978 $6,444,436 $120,400
2023 $41,793 $181,346 $6,066,881 $-139,553
2022 $1 $241,382 $7,197,723 $-241,381
2021 $2 $241,382 $7,439,104 $-241,380
2020 $1 $241,382 $7,680,484 $-241,381
2019 $50 $269,036 $7,921,865 $-268,986
2018 $300,399 $345,378 $9,979,532 $-44,979
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