LEVER INC

EIN: 464159401 501(c)(3) Community Improvement

NORTH ADAMS, MA

Total Revenue
$639,146
Total Expenses
$851,437
Total Assets
$451,029
Net Assets
$436,354
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Principal Officer
JEFFREY THOMAS
Phone
4138842011
Tax Period
2023-01-01 to 2023-12-31

LEVER INC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $639K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $851K exceeded revenue, resulting in a 33% operating deficit.

Mission

ENGAGE IN ACTIVITIES TO SPUR ECONOMIC AND ENTREPRENEURIAL DEVELOPMENT AND TO LEVERAGE ASSETS IN THE NORTHERN BERKSHIRE REGION INCLUDING WITHOUT LIMITATION, THE CITY OF NORTH ADAMS, MA AND SURROUNDING COMMUNITIES. TO DEVELOP NETWORKS OF EXPERTS, COLLABORATORS AND STAKEHOLDERS TO ASSIST IN THE ECONOMIC SUCCESS OF THE REGION AND TO PROVIDE LOW COST AND NO-COST START-UP SPACE TO VARIOUS ENTERPRISES.

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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 $636,760
Program Service Revenue $0
Investment Income $2,386
Other Revenue $0
TOTAL REVENUE $639,146

Expense Breakdown

Grants Paid $92,943
Salaries & Benefits $348,809
Fundraising Expenses $58,636
Program Expenses $718,819
Other Expenses $409,685
TOTAL EXPENSES $851,437

Year-over-Year Comparison

2023 2022 Change
Revenue $639,146 $853,515 -0.3%
Expenses $851,437 $626,467 +0.4%
Net Income $-212,291 $227,048 -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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
6
Volunteers
15

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
$143,025
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA RANDOLPH BOARD MEMBER 1.00
Director
$0 $0 $0
RICH ROWE BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA DIXON BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT HEERINGA BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH NIELSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JD CHESLOFF BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE JENKS BOARD MEMBER 1.00
Director
$0 $0 $0
SARA LALUMIA BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY THOMAS EXECUTIVE DIRECTOR 40.00
Officer
$143,025 $0 $143,025
JAMES BIRGE CHAIR 1.00
Officer
$0 $0 $0
CAIRN CROSS TREASURER 1.00
Officer
$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 $639,146 $851,437 $451,029 $-212,291
2022 $853,515 $626,467 $658,469 $227,048
2021 $605,277 $805,105 $349,644 $-199,828
2020 $545,129 $666,627 $574,532 $-121,498
2019 $732,077 $570,853 $678,690 $161,224
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