Civic Intelligence

Lynn Vocational Technical Alumni Association Inc

990EZ • Fiscal year 2021 • EIN 22-2986698

Jun 01, 2020 to May 31, 2021 • Filed on Aug 05, 2021

PO Box 2142Lynn, MA 01902

(781) 592-4100

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.06x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

20th percentile

-17%

Higher net margin than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

27th percentile

-9.0%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$261,122

Down $25,959 (-9.0%) from 2020

Net Assets

Down

$251,580

Down $25,959 (-9.4%) from 2020

Liabilities

Flat

$9,542

Flat from 2020

Revenue

Down

$157,076

Down $5,071 (-3.1%) from 2020

Expenses

Up

$183,034

Up $68,497 (+60%) from 2020

Net Income

Down

-$25,958

Down $73,568 (-155%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $155,752Liabilities 2014: $0Net Assets 2014: $155,7522014Assets 2015: $169,177Liabilities 2015: $0Net Assets 2015: $169,1772015Assets 2016: $170,113Liabilities 2016: $0Net Assets 2016: $170,1132016Assets 2017: $182,874Liabilities 2017: $02017Assets 2018: $204,765Liabilities 2018: $0Net Assets 2018: $204,7652018Assets 2019: $239,471Liabilities 2019: $9,542Net Assets 2019: $229,9292019Assets 2020: $287,081Liabilities 2020: $9,542Net Assets 2020: $277,5392020Assets 2021: $261,122Liabilities 2021: $9,542Net Assets 2021: $251,5802021Assets 2022: $333,694Liabilities 2022: $9,542Net Assets 2022: $324,1522022Assets 2023: $325,785Liabilities 2023: $9,542Net Assets 2023: $316,2432023Assets 2024: $335,314Liabilities 2024: $9,542Net Assets 2024: $325,7722024Assets 2025: $402,147Liabilities 2025: $0Net Assets 2025: $402,1472025

Highlighted filing

2021

Assets$261,122
Liabilities$9,542
Net Assets$251,580

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $64,181Expenses 2014: $62,121Net Income 2014: $2,0602014Revenue 2015: $77,086Expenses 2015: $63,661Net Income 2015: $13,4252015Revenue 2016: $79,616Expenses 2016: $78,680Net Income 2016: $9362016Revenue 2017: $100,094Expenses 2017: $87,333Net Income 2017: $12,7612017Revenue 2018: $115,943Expenses 2018: $94,445Net Income 2018: $21,4982018Revenue 2019: $153,880Expenses 2019: $135,572Net Income 2019: $18,3082019Revenue 2020: $162,147Expenses 2020: $114,537Net Income 2020: $47,6102020Revenue 2021: $157,076Expenses 2021: $183,034Net Income 2021: -$25,9582021Revenue 2022: $206,473Expenses 2022: $135,171Net Income 2022: $71,3022022Revenue 2023: $179,185Expenses 2023: $158,786Net Income 2023: $20,3992023Revenue 2024: $205,430Expenses 2024: $195,612Net Income 2024: $9,8182024Revenue 2025: $272,219Expenses 2025: $211,498Net Income 2025: $60,7212025

Highlighted filing

2021

Revenue$157,076
Expenses$183,034
Net Income-$25,958
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Aug 5, 2021
Return Version
2020v4.0
Gross Receipts
$162,002
Mission and Program Overview

Mission

The Organization has been formed to provide financial assistance to the Lynn Vocational and Technical Institute and its graduates and to provide scholarships to graduating students

To provide scholarships to graduating students and to assist in the development of educational programs to increase the level of opportunities within the school and its related affiliates.

Program Services

DescriptionGrantsExpenses
STUDENT TOOL BOXES-$16,856
SCHOLARSHIPS AND AWARDS-$16,499
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES WARDPresident-$0--
RICHARD STARBARDTreasurer-$0--
DIANA BADGERClerk-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival of Tre$19,186$19,186-$19,186
Golf Event$14,670$14,670-$14,670
Total Events$33,856$33,856$4,926$28,930
Filing and Contact Details

Filer

Filer Name
Lynn Vocational Technical
EIN
22-2986698
Phone
7815924100
Address
PO BOX 2142, LYNN, MA 01902

Signing Officer

Name
James Ward
Title
President
Phone
7815924100
Signed
2021-08-05

Preparer

Firm
Neal a Price & Company
Address
222 ROSEWOOD DRIVE 3RD FLOOR SUIT, DANVERS, MA 01923
Preparer
Paul D Price CPA
Phone
9788545656
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous income 175 total 175

Form 990-ez, Part I, Line 16

Expenses office 578 761 scholarships/donations 33,356 filing fees 159 bank charges 606 payroll processing fees 2,187 books, online courses 3,175 dues & subscriptions 662 miscellaneous 576 gifts 340 contributions 100 hall of fame expense 900 total 43,400

Form 990-ez, Part II, Line 26

Due to class of 2017 9,542 9,542

Form 990-ez, Part III

To provide scholarships to graduating students and to assist in the development of educational programs to increase the level of opportunities within the school and its related affiliates.

Raw XML Appendix171 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JAMES WARD
CompensationExplanation/CompensationExplanationGrp/PersonNm1RICHARD STARBARD
CompensationExplanation/CompensationExplanationGrp/PersonNm2DIANA BADGER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMES WARD
IRS990EZ/BooksInCareOfDetail/PhoneNum07815924100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0360 HIGH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HAMPTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd003842
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0287080
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0261122
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015200
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-25958
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0975
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0287080
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0261122
IRS990EZ/FundraisingGrossIncomeAmt033856
IRS990EZ/GrossReceiptsAmt0162002
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0197
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0277538
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0251580
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0277538
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0251580
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES WARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD STARBARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIANA BADGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt043400
IRS990EZ/OtherRevenueTotalAmt0175
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO GRADUATING STUDENTS AND TO ASSIST IN THE DEVELOPMENT OF EDUCATIONAL PROGRAMS TO INCREASE THE LEVEL OF OPPORTUNITIES WITHIN THE SCHOOL AND ITS RELATED AFFILIATES.
IRS990EZ/PrintingPublicationsPostageAmt0134
IRS990EZ/ProgramServiceRevenueAmt0112574
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1STUDENT TOOL BOXES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016499
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt116856
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0138525
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04926
IRS990EZ/SpecialEventsNetIncomeLossAmt028930
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09542
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09542
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0183034
IRS990EZ/TotalProgramServiceExpensesAmt033355
IRS990EZ/TotalRevenueAmt0157076
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024625
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0175365
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0110550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0448250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0120
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0146802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0144941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0160841
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0452584
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0350
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt0900834
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0162002
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0169566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0336206
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0122510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0110550
IRS990ScheduleA/Total509Grp/TotalAmt0900834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0162002
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0169566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0336318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0122628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0110670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0901184
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04926
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FESTIVAL OF TRE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019186
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014670
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt033856
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019186
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014670
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033856
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028930
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04926
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 175 TOTAL 175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 578 761 SCHOLARSHIPS/DONATIONS 33,356 FILING FEES 159 BANK CHARGES 606 PAYROLL PROCESSING FEES 2,187 BOOKS, ONLINE COURSES 3,175 DUES & SUBSCRIPTIONS 662 MISCELLANEOUS 576 GIFTS 340 CONTRIBUTIONS 100 HALL OF FAME EXPENSE 900 TOTAL 43,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO CLASS OF 2017 9,542 9,542
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE SCHOLARSHIPS TO GRADUATING STUDENTS AND TO ASSIST IN THE DEVELOPMENT OF EDUCATIONAL PROGRAMS TO INCREASE THE LEVEL OF OPPORTUNITIES WITHIN THE SCHOOL AND ITS RELATED AFFILIATES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07815924100
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LYNN VOCATIONAL TECHNICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALUMNI ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LYNN
ReturnHeader/Filer/EIN0222986698
ReturnHeader/Filer/PhoneNum07815924100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2142
ReturnHeader/Filer/USAddress/CityNm0LYNN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001902
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203758246
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NEAL A PRICE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 ROSEWOOD DRIVE 3RD FLOOR SUIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001923
ReturnHeader/PreparerPersonGrp/PhoneNum09788545656
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL D PRICE CPA
ReturnHeader/ReturnTs02021-10-15T12:30:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WARD
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$0.00$4.02$2.72$2.11$0.61
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.10$3.26$2.05$1.96$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.10$3.16$1.79$1.59$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.10$3.24$2.06$1.35$0.71
2021Detailed filing. Detailed filing data is available for this year.$2.61$0.10$2.52$1.57$1.83$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.10$2.78$1.62$1.15$0.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.10$2.30$1.54$1.36$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.00$2.05$1.16$0.94$0.21
2017Summary only. Only limited summary data is available for this year.$1.83$0.00$1.00$0.87$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.80$0.79$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.77$0.64$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.64$0.62$0.02