Civic Intelligence

Lynn Economic Opportunity Inc

990 • Fiscal year 2017 • EIN 04-2378885

Oct 01, 2016 to Sep 30, 2017 • Filed on Apr 07, 2018

156 Broad StreetLynn, MA 01901

(781) 581-7220

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.30x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

55th percentile

0.28x

Higher debt load relative to revenue than 55% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

46th percentile

$161,065

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

58th percentile

6.8%

Faster asset growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

0.4%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$9,844,439

Up $625,663 (+6.8%) from 2016

Net Assets

Up

$6,876,117

Up $341,747 (+5.2%) from 2016

Liabilities

Up

$2,968,322

Up $283,916 (+11%) from 2016

Revenue

Up

$10,434,777

Up $36,893 (+0.4%) from 2016

Expenses

Up

$10,093,030

Up $86,520 (+0.9%) from 2016

Net Income

Down

$341,747

Down $49,627 (-13%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $5,295,413Liabilities 2010: $3,055,076Net Assets 2010: $2,240,3372010Assets 2011: $7,035,647Liabilities 2011: $3,170,816Net Assets 2011: $3,864,8312011Assets 2012: $7,041,194Liabilities 2012: $3,357,272Net Assets 2012: $3,683,9222012Assets 2013: $6,936,956Liabilities 2013: $3,191,793Net Assets 2013: $3,745,1632013Assets 2014: $7,614,124Liabilities 2014: $3,662,852Net Assets 2014: $3,951,2722014Assets 2015: $9,057,553Liabilities 2015: $3,649,323Net Assets 2015: $5,408,2302015Assets 2016: $9,218,776Liabilities 2016: $2,684,406Net Assets 2016: $6,534,3702016Assets 2017: $9,844,439Liabilities 2017: $2,968,322Net Assets 2017: $6,876,1172017Assets 2018: $9,508,524Liabilities 2018: $2,494,411Net Assets 2018: $7,014,1132018Assets 2019: $10,837,648Liabilities 2019: $2,558,166Net Assets 2019: $8,279,4822019Assets 2020: $12,216,141Liabilities 2020: $3,681,072Net Assets 2020: $8,535,0692020Assets 2021: $14,551,712Liabilities 2021: $5,073,127Net Assets 2021: $9,478,5852021Assets 2022: $14,326,514Liabilities 2022: $1,740,517Net Assets 2022: $12,585,9972022Assets 2023: $16,653,765Liabilities 2023: $2,881,873Net Assets 2023: $13,771,8922023Assets 2024: $24,242,226Liabilities 2024: $7,448,894Net Assets 2024: $16,793,3322024

Highlighted filing

2017

Assets$9,844,439
Liabilities$2,968,322
Net Assets$6,876,117

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $11,006,0712010Revenue 2011: $12,557,823Expenses 2011: $10,933,329Net Income 2011: $1,624,4942011Expenses 2012: $10,555,7102012Revenue 2013: $10,868,979Expenses 2013: $10,807,738Net Income 2013: $61,2412013Revenue 2014: $10,481,813Expenses 2014: $10,275,704Net Income 2014: $206,1092014Revenue 2015: $10,527,978Expenses 2015: $9,978,714Net Income 2015: $549,2642015Revenue 2016: $10,397,884Expenses 2016: $10,006,510Net Income 2016: $391,3742016Revenue 2017: $10,434,777Expenses 2017: $10,093,030Net Income 2017: $341,7472017Revenue 2018: $10,870,943Expenses 2018: $10,732,947Net Income 2018: $137,9962018Revenue 2019: $12,173,602Expenses 2019: $10,908,233Net Income 2019: $1,265,3692019Revenue 2020: $12,216,268Expenses 2020: $11,960,681Net Income 2020: $255,5872020Revenue 2021: $12,741,162Expenses 2021: $11,797,646Net Income 2021: $943,5162021Revenue 2022: $18,267,764Expenses 2022: $15,160,352Net Income 2022: $3,107,4122022Revenue 2023: $15,135,468Expenses 2023: $13,911,047Net Income 2023: $1,224,4212023Revenue 2024: $16,936,820Expenses 2024: $13,908,941Net Income 2024: $3,027,8792024

Highlighted filing

2017

Revenue$10,434,777
Expenses$10,093,030
Net Income$341,747
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Apr 7, 2018
Return Version
2016v3.0
Gross Receipts
$10,441,203
Mission and Program Overview

Mission

Leo inc.'s mission is to strengthen the greater lynn community through resources and services that provide opportunities for children, families and individuals to thrive.

Lynn economic opportunity, inc. (leo) works to alleviate the immediate impact of poverty and to provide pathways to financial stability for individuals and families, as well as strengthen the greater community of lynn and its surrounding towns.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,638,474$5,367,873▲ $729,399
Savings and Temporary Cash Investments$2,606,958$3,841,686▲ $1,234,728
Accounts Receivable$846,804$498,864▼ $347,940
Pledges and Grants Receivable$117,114$82,702▼ $34,412
Intangible Assets$54,444--
Prepaid Expenses and Deferred Charges$46,125$53,314▲ $7,189
Total Assets$9,218,776$9,844,439▲ $625,663
Other Assets Total$908,857$0▼ $908,857
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,919,701$1,752,636▼ $167,065
Accounts Payable and Accrued Expenses$589,258$789,899▲ $200,641
Deferred Revenue$175,447$425,787▲ $250,340
Total Liabilities$2,684,406$2,968,322▲ $283,916
Net Assets / Fund Balance
Unrestricted Net Assets$5,344,942$5,830,438▲ $485,496
Temporarily Rstr Net Assets$1,189,428$1,045,679▼ $143,749
Total Net Assets Fund Balance$6,534,370$6,876,117▲ $341,747
Total Liabilities and Net Assets / Fund Balance$9,218,776$9,844,439▲ $625,663

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,077,538$1,618,052$5,695,590
Land$1,234,551-$1,234,551
Other Land Buildings$28,031$58,926$86,957
Leasehold Improvements$24,941$19,128$44,069
Equipment$2,812$8,286$11,098
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Birgitta DamonChief Executive OfficerFT$136,051$25,014$161,065
Kristina TecceChief Financial & Operating OfficerFT$115,923$12,832$128,755
Lilian RomeroChief Program OfficerFT$103,269$10,112$113,381

Board Members and Trustees

NameTitle
James HiggsPresident
James CarriganVice President
Diane PerezDirector
Fran TroutmanDirector
Jay McmanusDirector
John AugeriDirector
Joyce ReenDirector
Kimberly Rowe-cummingsDirector
Marilyn FosterDirector
Marion CanizaroDirector
Pastor Posan UngDirector
Thelma VelasquezDirector
Kevin DonaherAssistant Clerk
Kirirath SaingClerk
Jim LowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,170,897
Program Service Revenue
$119,160
Investment Income
$10,733
Other Revenue
$133,987
All Other Contributions
$185,632
Change in Net Assets
$341,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,434,777
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$636,080
Total Revenue per Audited Statements
$11,070,857
Total Revenue per Form 990
$10,434,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,690,434
Other Expenses$4,402,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,727,267$525,803-$4,253,070
Other Employee Benefits$558,869$126,625-$685,494
Payroll Taxes$425,806$74,090-$499,896
Occupancy$204,701$102,120-$306,821
Fees for Services Other$164,791$100,732-$265,523
Current Officers, Directors, Trustees, and Key Employees-$251,974-$251,974
Depreciation Depletion$140,940$69,694-$210,634
Office Expenses$89,051$74,486-$163,537
All Other Expenses$60,676$25,975-$86,651
Insurance$2,301$78,418-$80,719
Other Expenses$35,475$24,490-$59,965
Travel$17,450$7,547-$24,997
Advertising$22,955$1,053-$24,008
Total Functional Expenses$8,624,183$1,468,847$0$10,093,030

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,729,110
Expenses per Audited Statements$10,093,030
Total Expenses per Form 990$10,093,030
Expenses Not Reported on Form 990$636,080
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,426
Fundraising Gross Income$6,426
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Trivia$30,420$5,220$5,220$0
Concert$2,989$1,206$1,206$0
Total Events$33,409$6,426$6,426$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2013-11-22$2,106,000Refinance existing debt and capital improvements to real property.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,106,000$1,804,206--

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the form 990 was initially reviewed by the organization's chief financial officer. Next, the draft was reviewed by the chief executive officer and full board of directors. The return was reviewed and discussed at a board meeting and then signed by the chief executive officer.

Form 990, Part VI, Section B, Line 12C

The policy requires board members, officers and all management employees to complete a conflict of interest questionnaire each year. The questionnaire is reviewed by the chief executive officer and the board president for any conflicts. The questionnaires of the chief executive officer and the board president are reviewed by the other members of the board.

Form 990, Part VI, Section B, Line 15

The executive committee conducts a survey of organizations similar in size and mission to lynn economic opportunity, inc. Taking into consideration any differences in the duties performed by the various chief executive officers. The board then compares the results of the survey with the performance of the chief executive officer of lynn economic opportunity, inc. The chief executive officer is responsible for setting and determining wage rates for key employees with respect to comparable salaries within the surrounding area.

Form 990, Part VI, Section C, Line 18

Lynn economic opportunity inc.'s federal form 990 is available to the general public at www.guidestar.org. Lynn economic opportunity inc.'s form 1023 is available upon request as indicated in part vi section c line 18.

Form 990, Part VI, Section C, Line 19

Lynn economic opportunity, inc.'s governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lynn Economic Opportunity Inc
EIN
04-2378885
Phone
7815817220
Address
156 BROAD STREET, LYNN, MA 01901

Signing Officer

Name
Birgitta Sdamon
Title
Chief Executive Officer
Phone
7815817220
Signed
2018-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Birgitta S Damon
Formed
1964
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
168
Volunteers
349

Preparer

Firm
Citrin Cooperman & Company Llp
Address
10 FORBES ROAD WEST, BRAINTREE, MA 02184
Preparer
Jeffrey Alvanas
Phone
7813562000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

Lynn economic opportunity inc. (leo) accounts for uncertainty in income taxes in accordance with asc topic income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. This standard also provides guidance on recognition, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Management believes there are no material uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundrasing expenses included in revenue 6,426.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundrasing expenses included in revenue 6,426.

Raw XML AppendixShowing 400 of 649 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0589258
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0789899
IRS990/AccountsReceivableGrp/BOYAmt0846804
IRS990/AccountsReceivableGrp/EOYAmt0498864
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LYNN ECONOMIC OPPORTUNITY, INC. (LEO) WORKS TO ALLEVIATE THE IMMEDIATE IMPACT OF POVERTY AND TO PROVIDE PATHWAYS TO FINANCIAL STABILITY FOR INDIVIDUALS AND FAMILIES, AS WELL AS STRENGTHEN THE GREATER COMMUNITY OF LYNN AND ITS SURROUNDING TOWNS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01053
IRS990/AdvertisingGrp/ProgramServicesAmt022955
IRS990/AdvertisingGrp/TotalAmt024008
IRS990/AllOtherContributionsAmt0185632
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025975
IRS990/AllOtherExpensesGrp/ProgramServicesAmt060676
IRS990/AllOtherExpensesGrp/TotalAmt086651
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BIRGITTA S DAMON
IRS990/BooksInCareOfDetail/PhoneNum07815817220
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0156 BROAD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LYNN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001901
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0251974
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0251974
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt026983
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010170897
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010733
IRS990/CYOtherExpensesAmt04402596
IRS990/CYOtherRevenueAmt0133987
IRS990/CYProgramServiceRevenueAmt0119160
IRS990/CYRevenuesLessExpensesAmt0341747
IRS990/CYSalariesCompEmpBnftPaidAmt05690434
IRS990/CYTotalExpensesAmt010093030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010434777
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0175447
IRS990/DeferredRevenueGrp/EOYAmt0425787
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt069694
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0140940
IRS990/DepreciationDepletionGrp/TotalAmt0210634
IRS990/Desc0EARLY EDUCATION AND CHILD CARE SERVICES INCLUDE HEAD START (AGES 3-5), EARLY HEAD START (AGES BIRTH-3) AND AFTER SCHOOL CARE (AGES 5-12) AT FOUR CHILD CARE CENTERS IN LYNN, MA AND THROUGH A HOME-BASED COMPONENT. ANNUALLY, LEO PROVIDES SERVICES FOR MORE THAN 600 CHILDREN. THE PROGRAMS ARE BASED ON A COMPREHENSIVE SCHOOL READINESS CURRICULUM, NUTRITIONAL AND WELLNESS GOALS, HEALTH ASSESSMENTS AND BEHAVIORAL AND MENTAL HEALTH SUPPORT. LEO ALSO SERVES YOUNG WOMEN WHO ARE PREGNANT, UP TO AND BEYOND DELIVERY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0168
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt04896972
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0100732
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0164791
IRS990/FeesForServicesOtherGrp/TotalAmt0265523
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1512832
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1625014
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1710112
IRS990/Form990PartVIISectionAGrp/PersonNm0FRAN TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1MARILYN FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES HIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM LOW
IRS990/Form990PartVIISectionAGrp/PersonNm4KIRIRATH SAING
IRS990/Form990PartVIISectionAGrp/PersonNm5JOYCE REEN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN AUGERI
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN DONAHER
IRS990/Form990PartVIISectionAGrp/PersonNm8MARION CANIZARO
IRS990/Form990PartVIISectionAGrp/PersonNm9KIMBERLY ROWE-CUMMINGS
IRS990/Form990PartVIISectionAGrp/PersonNm10DIANE PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES CARRIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JAY MCMANUS
IRS990/Form990PartVIISectionAGrp/PersonNm13THELMA VELASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm14PASTOR POSAN UNG
IRS990/Form990PartVIISectionAGrp/PersonNm15KRISTINA TECCE
IRS990/Form990PartVIISectionAGrp/PersonNm16BIRGITTA DAMON
IRS990/Form990PartVIISectionAGrp/PersonNm17LILIAN ROMERO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15115923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16136051
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17103269
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSISTANT CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF FINANCIAL & OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF PROGRAM OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt026983
IRS990/FundraisingDirectExpensesAmt06426
IRS990/FundraisingGrossIncomeAmt06426
IRS990/GainOrLossGrp/OtherAmt01500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt09958282
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01500
IRS990/GrossReceiptsAmt010441203
IRS990/GrossRentsGrp/RealAmt0131103
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt078418
IRS990/InsuranceGrp/ProgramServicesAmt02301
IRS990/InsuranceGrp/TotalAmt080719
IRS990/IntangibleAssetsGrp/BOYAmt054444
IRS990/InvestmentIncomeGrp/ExclusionAmt09233
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09233
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01704392
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04638474
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05367873
IRS990/LandBldgEquipCostOrOtherBssAmt07072265
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LYNN ECONOMIC OPPORTUNITY, INC. PROVIDES A BROAD RANGE OF PROGRAMS TO ELIGIBLE LOW-INCOME RESIDENTS IN LYNN, MA AND ITS SURROUNDING COMMUNITIES TO ALLEVIATE THE IMMEDIATE IMPACTS OF POVERTY AND TO ESTABLISH PATHWAYS TO LONG-TERM FINANCIAL STABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01919701
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01752636
IRS990/NetAssetsOrFundBalancesBOYAmt06534370
IRS990/NetAssetsOrFundBalancesEOYAmt06876117
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01500
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0131103
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0131103
IRS990/NetUnrelatedBusTxblIncmAmt0-14984
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0102120
IRS990/OccupancyGrp/ProgramServicesAmt0204701
IRS990/OccupancyGrp/TotalAmt0306821
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt074486
IRS990/OfficeExpensesGrp/ProgramServicesAmt089051
IRS990/OfficeExpensesGrp/TotalAmt0163537
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0908857
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0126625
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0558869
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0685494
IRS990/OtherExpensesGrp/Desc0CONSUMER ASSISTANCE, SU
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05840
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124490
IRS990/OtherExpensesGrp/ProgramServicesAmt02959825
IRS990/OtherExpensesGrp/ProgramServicesAmt1108223
IRS990/OtherExpensesGrp/ProgramServicesAmt2105853
IRS990/OtherExpensesGrp/ProgramServicesAmt335475
IRS990/OtherExpensesGrp/TotalAmt02965665
IRS990/OtherExpensesGrp/TotalAmt1108223
IRS990/OtherExpensesGrp/TotalAmt2105853
IRS990/OtherExpensesGrp/TotalAmt359965
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02884
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02884
IRS990/OtherRevenueTotalAmt02884
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0525803
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03727267
IRS990/OtherSalariesAndWagesGrp/TotalAmt04253070
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt074090
IRS990/PayrollTaxesGrp/ProgramServicesAmt0425806
IRS990/PayrollTaxesGrp/TotalAmt0499896
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0117114
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt082702
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046125
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053314
IRS990/PrincipalOfficerNm0BIRGITTA S DAMON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PARENT AND OTHER PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0119160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119160
IRS990/ProgSrvcAccomActy2Grp/Desc0LYNN ECONOMIC OPPORTUNITY, INC. PROVIDES FUEL ASSISTANCE THROUGH THE MASSACHUSETTS LOW INCOME HOUSING ENERGY ASSISTANCE PROGRAM (LIHEAP), WHICH PROTECTS ELIGIBLE LOW-INCOME HOUSEHOLDS FROM THE HIGH COST OF HOME HEATING. ELIGIBILITY AND BENEFITS ARE BASED ON FAMILY SIZE AND INCOME. ANNUALLY, LEO SERVES APPROXIMATELY 3,000 HOUSEHOLDS AND NEARLY 7,000 INDIVIDUALS. THE MAJORITY OF HOUSEHOLDS SERVED INCLUDE A CHILD UNDER THE AGE OF 5, A RESIDENT AGE 60 OR OLDER, OR AN INDIVIDUAL WITH DISABILITIES. LEO'S WEATHERIZATION AND ENERGY CONSERVATION OFFICE IMPROVES HOMES BY ADDRESSING DAMAGED, UNSAFE OR INEFFICIENT SYSTEMS IN RESIDENCES THAT QUALIFIED THROUGH LIHEAP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03299362
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY SERVICE PROGRAM - SERVICES TO STABILIZE INDIVIDUALS FACING FINANCIAL EMERGENCIES AS A RESULT OF POVERTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0427849
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02884
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010275748
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07065
IRS990/PYOtherExpensesAmt04435521
IRS990/PYOtherRevenueAmt0-3359
IRS990/PYProgramServiceRevenueAmt0118430
IRS990/PYRevenuesLessExpensesAmt0391374
IRS990/PYSalariesCompEmpBnftPaidAmt05570989
IRS990/PYTotalExpensesAmt010006510
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010397884
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0341747
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0131103
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0119160
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02606958
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03841686
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME REPRESENTS MISCELLANEOUS CASH RECEIPTS RELATED TO THE COMMUNITY SERVICE PROGRAM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010177323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010275748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010172047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010066889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt010488020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt051180027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01931
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02362
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027596
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0119160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02884
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010554
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt033482
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt021715
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012297
IRS990ScheduleA/OtherIncome170Grp/TotalAmt080932
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99530
IRS990ScheduleA/PublicSupportPY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt051180027
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.2$7.45$16.8$16.9$13.9$3.03
2023Detailed filing. Detailed filing data is available for this year.$16.7$2.88$13.8$15.1$13.9$1.22
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$14.3$1.74$12.6$18.3$15.2$3.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$5.07$9.48$12.7$11.8$0.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$3.68$8.54$12.2$12.0$0.26
2019Summary only. Only limited summary data is available for this year.$10.8$2.56$8.28$12.2$10.9$1.27
2018Detailed filing. Detailed filing data is available for this year.$9.51$2.49$7.01$10.9$10.7$0.14
2017Detailed filing. Detailed filing data is available for this year.$9.84$2.97$6.88$10.4$10.1$0.34
2016Detailed filing. Detailed filing data is available for this year.$9.22$2.68$6.53$10.4$10.0$0.39
2015Detailed filing. Detailed filing data is available for this year.$9.06$3.65$5.41$10.5$9.98$0.55
2014Detailed filing. Detailed filing data is available for this year.$7.61$3.66$3.95$10.5$10.3$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.94$3.19$3.75$10.9$10.8$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$3.36$3.68$10.6
2011Summary only. Only limited summary data is available for this year.$7.04$3.17$3.86$12.6$10.9$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$3.06$2.24$11.0
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $10M-$25M nonprofits