LUCY PARSONS INSTITUTE FOR SOCIAL RESEARCH (EIN 842568571) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Richard Berg

Phone

6124775807

Tax Period

2024-01-01 to 2024-12-31

LUCY PARSONS INSTITUTE FOR SOCIAL RESEARCH, founded in 2019, is a small nonprofit in the Social Science sector that reported $263K in total revenue in fiscal year 2024. The organization ran a surplus of $120K, a strong 45% operating margin.

Mission

The Lucy Parsons Institute for Social Research conducts research into historical and contemporary social movements, published books on topics such as the labor movement and community organizing, conducts a week-long annual organizing summer school free of charge to activists across the country, and runs a community center used as a shared space for grassroots organizations in Minneapolis, Minnesota.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $254,401

Program Service Revenue $0

Investment Income $0

Other Revenue $8,813

TOTAL REVENUE $263,214

Expense Breakdown

Grants Paid $594

Salaries & Benefits $87,448

Fundraising Expenses $14,490

Program Expenses $81,241

Other Expenses $55,603

TOTAL EXPENSES $143,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,214	N/A	N/A
Expenses	$143,645	N/A	N/A
Net Income	$119,569	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Berg	Director General	10.00	Officer	$0	$0	$0
Thomas Burke	Treasurer	10.00	Officer	$0	$0	$0
Michael Kelly	Secretary	15.00	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	$263,214	$143,645	$596,773	$119,569
2024	$264,004	$143,645	$597,563	$120,359

LUCY PARSONS INSTITUTE FOR SOCIAL RESEARCH