Civic Intelligence

Lynnfield Scholarship Foundation Inc

EIN 46-5536853 • 501(c)3 • Lynnfield, MA

Profile

To provide scholarships to graduating high school students pursing a secondary education who reside in lynnfield, massachusetts and first responders of the lynnfield fire and police department's children.

8 Willard LaneLynnfield, MA 01940

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

62nd percentile

5.2%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Assets

Up

$328,156

Up $18,520 (+6.0%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$328,156

Up $18,520 (+6.0%) from 2024

Revenue

Up

$18,976

Up $690 (+3.8%) from 2024

Expenses

Down

$3,418

Down $4,794 (-58%) from 2024

Net Income

Up

$15,558

Up $5,484 (+54%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2022: $281,575Liabilities 2022: $0Net Assets 2022: $281,5752022Assets 2024: $309,636Liabilities 2024: $0Net Assets 2024: $309,6362024Assets 2025: $328,156Liabilities 2025: $0Net Assets 2025: $328,1562025

Highlighted filing

2025

Assets$328,156
Liabilities$0
Net Assets$328,156

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10KRevenue 2022: $3,480Expenses 2022: $11,963Net Income 2022: -$8,4832022Revenue 2024: $18,286Expenses 2024: $8,212Net Income 2024: $10,0742024Revenue 2025: $18,976Expenses 2025: $3,418Net Income 2025: $15,5582025

Highlighted filing

2025

Revenue$18,976
Expenses$3,418
Net Income$15,558

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 22, 2026
Return Version
2024v5.5
Gross Receipts
$19,967
Mission and Program Overview

Mission

To provide scholarships to graduating high school students pursing a secondary education who reside in lynnfield, massachusetts and first responders of the lynnfield fire and police department's children.

Program Services

DescriptionGrantsExpenses
PROVIDING SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS PURSING A SECONDARY EDUCATION WHO RESIDE IN LYNNFIELD, MASSACHUSETTS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD O'CONNORPresident/Treasurer-$0--
DAVID GLUCKClerk-$0--
JOHN HAMBRECHTSecretary-$0--
JILL IACONO-MAVROBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lynnfield Scholarship Foundation Inc
EIN
46-5536853
Phone
7819143314
Address
8 WILLARD LANE, LYNNFIELD, MA 01940

Signing Officer

Name
RICHARD O'CONNOR
Title
Treasurer
Phone
7812586297
Signed
2026-01-22
Discuss with paid preparer
Yes

Preparer

Firm
JOHNSON O'CONNOR FERON & CARUCCI LLP
Address
101 EDGEWATER DRIVE SUITE 210, WAKEFIELD, MA 01880
Preparer
RICHARD K O'CONNOR
Phone
7819143400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 9,230. Description: dividend income. Amount: 3,237. Total included on form 990-ez, line 4: 12,467.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: fiduciary fees. Amount: 547. Description: bank fees. Amount: 138. Total to form 990-ez, line 16: 685.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gains. Amount: 2,962.

Raw XML Appendix145 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LYNNFIELD
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 9,230. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 3,237. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 12,467.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD O'CONNOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07812586297
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LYNNFIELD SCHOLARSHIP FOUNDATION INC
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ReturnHeader/Filer/EIN0465536853
ReturnHeader/Filer/PhoneNum07819143314
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ReturnHeader/PreparerPersonGrp/PhoneNum07819143400
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD K O'CONNOR
ReturnHeader/ReturnTs02026-01-26T14:52:20-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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