LOWELL MAKES INC (EIN 462789844) - 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

2013

Legal Domicile

Principal Officer

RIO SABELLA

Phone

9782514554

Tax Period

2023-01-01 to 2023-12-31

LOWELL MAKES INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $395K in total revenue in fiscal year 2023. The organization ran a surplus of $61K, a strong 15% operating margin.

Mission

LOWELL MAKES IS A COLLECTION OF OPEN WORKSHOPS AND LABORATORIES WHERE MEMBERS AND STUDENTS CAN COLLABORATE TO LEARN, SHARE, AND HONE CRAFTS OF ALL KINDS. THE FOCUS IS ON PROVIDING A SPACE FOR EDUCATION, ENTREPRENEURSHIP, AND ENGAGEMENT WITH THE COMMUNITY OF LOWELL, MA.

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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 $292,554

Program Service Revenue $44,942

Investment Income $3

Other Revenue $57,742

TOTAL REVENUE $395,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $288,144

Other Expenses $334,125

TOTAL EXPENSES $334,125

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,241	$407,994	0.0%
Expenses	$334,125	$346,761	0.0%
Net Income	$61,116	$61,233	0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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
SAMANTHA BURDETT	PAST PRESIDENT	30.00	Director	$0	$0	$0
JOHN NOTO	TREASURER	30.00	Officer Director	$0	$0	$0
JAMES SAUNDERS	DIRECTOR	2.00	Director	$0	$0	$0
ERIC SACK	DIRECTOR	1.00	Director	$0	$0	$0
MARK PALERMO	DIRECTOR	1.00	Director	$0	$0	$0
JACK WALSH	DIRECTOR	1.00	Director	$0	$0	$0
RIO SABELLA	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTY MATTE	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
2024	No data	No data	No data	No data
2023	$395,241	$334,125	$2,109,820	$61,116
2022	$407,994	$346,761	$2,099,155	$61,233
2021	$507,546	$379,075	$2,073,289	$128,471
2020	$347,398	$240,649	$1,899,109	$106,749

LOWELL MAKES INC