Lawrence Partnership Inc

EIN: 471019447 501(c)(3) Community Improvement

Lawrence, MA

Total Revenue
$439,031
Total Expenses
$683,265
Total Assets
$1,277,281
Net Assets
$1,162,856
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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
2014
Legal Domicile
MA
Principal Officer
Socrates De La Cruz
Phone
9786555824
Tax Period
2024-07-01 to 2025-06-30

Lawrence Partnership Inc, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $439K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $683K exceeded revenue, resulting in a 56% operating deficit.

Mission

The Lawrence Partnership believes the strongest economy is one that benefits the whole community. One where local businesses compete in regional and global markets; where local service providers meet the needs of their community; where the retail sector is vibrant; and where the labor force is diverse and supported. The Partnerships network of community- minded leaders is actively engaged in creating a local business environment that is growth oriented and fosters shared prosperity. It is a recipe that promotes equity, innovation, and resilience and it works.

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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 $355,744
Program Service Revenue $83,287
Investment Income $0
Other Revenue $0
TOTAL REVENUE $439,031

Expense Breakdown

Grants Paid $63,568
Salaries & Benefits $292,545
Fundraising Expenses $53,931
Program Expenses $473,133
Other Expenses $327,152
TOTAL EXPENSES $683,265

Year-over-Year Comparison

2024 2023 Change
Revenue $439,031 $673,679 -0.3%
Expenses $683,265 $791,602 -0.1%
Net Income $-244,234 $-117,923 +1.1%
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
31
Independent Members
31
Employees
N/A
Volunteers
75

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
5
$199,590
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Socrates De La Cruz Chair 0.50
Officer Director
$0 $0 $0
Gary Sidell Vice Chair 0.50
Officer Director
$0 $0 $0
Chester Szablak Treasurer 0.50
Officer Director
$0 $0 $0
George Ramirez Executive Director 37.50
Officer
$137,496 $62,094 $199,590
Joan Hatem-Roy Clerk 0.50
Officer Director
$0 $0 $0
Lane Glenn Executive Board 0.50
Director
$0 $0 $0
Wendy Estrella Executive Board 0.50
Director
$0 $0 $0
Jessica Andors Executive Board 0.50
Director
$0 $0 $0
Jonathan Isaaccson Executive Board 0.50
Director
$0 $0 $0
Evan Silverio Executive Board 0.50
Director
$0 $0 $0
Julieann Thurlow Executive Board 0.50
Director
$0 $0 $0
Matthew Bonavita Board Member 0.50
Director
$0 $0 $0
Larissa Thurston Board Member 0.50
Director
$0 $0 $0
Dennis Conlin Board Member 0.50
Director
$0 $0 $0
John Croce Board Member 0.50
Director
$0 $0 $0
Steven Paris Board Member 0.50
Director
$0 $0 $0
Jose De La Rosa Board Member 0.50
Director
$0 $0 $0
Markus Fischer Board Member 0.50
Director
$0 $0 $0
Vilma Martinez-Dominguez Board Member 0.50
Director
$0 $0 $0
Zoila Gomez Board Member 0.50
Director
$0 $0 $0
Maria Gonzalez Moeller Board Member 0.50
Director
$0 $0 $0
Toni Hays Board Member 0.50
Director
$0 $0 $0
John Howard Board Member 0.50
Director
$0 $0 $0
Frank Kenneally Board Member 0.50
Director
$0 $0 $0
Walkiria Manzueta Board Member 0.50
Director
$0 $0 $0
Lesly Melendez Board Member 0.50
Director
$0 $0 $0
Alberto Nunez Board Member 0.50
Director
$0 $0 $0
Ramon Quezada Board Member 0.50
Director
$0 $0 $0
Tracey Rauh Board Member 0.50
Director
$0 $0 $0
Chris Sullivan Board Member 0.50
Director
$0 $0 $0
Jadihel Taveras Board Member 0.50
Director
$0 $0 $0
Diana Richardson Board Member 0.50
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 $439,031 $683,265 $1,277,281 $-244,234
2024 $673,679 $791,602 $759,590 $-117,923
2023 $972,745 $913,445 $834,242 $59,300
2022 $1,097,470 $1,421,268 $725,162 $-323,798
2021 $1,966,056 $1,329,246 $1,153,194 $636,810
2020 $3,135,868 $3,168,048 $632,923 $-32,180
2019 $978,599 $874,398 $532,933 $104,201
2018 $365,535 $302,802 $328,964 $62,733
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