Civic Intelligence

Lynn Main Streets Inc.

990EZ • Fiscal year 2021 • EIN 85-1587425

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 24, 2022

Organization ProfileN/A
590 Washington SteetLynn, MA 01901

(781) 596-8300

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

92nd percentile

66%

Higher net margin than 92% 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

98th percentile

550%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

97th percentile

584%

Faster revenue growth than 97% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$88,269

Up $74,698 (+550%) from 2020

Net Assets

Up

$88,269

Up $74,698 (+550%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$112,735

Up $96,261 (+584%) from 2020

Expenses

Up

$38,037

Up $35,134 (+1210%) from 2020

Net Income

Up

$74,698

Up $61,127 (+450%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$200K$150K$100K$50K$0Assets 2020: $13,571Net Assets 2020: $13,5712020Assets 2021: $88,269Net Assets 2021: $88,2692021Assets 2022: $8,306Net Assets 2022: $8,3062022Assets 2023: $54,070Net Assets 2023: $54,0702023Assets 2024: $168,254Net Assets 2024: $168,2542024

Highlighted filing

2021

Assets$88,269
Liabilities-
Net Assets$88,269
Open 2021 Filing

Operations Trend

Revenue Growth97th percentile

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

$200K$100K$0-$100KRevenue 2020: $16,474Expenses 2020: $2,903Net Income 2020: $13,5712020Revenue 2021: $112,735Expenses 2021: $38,037Net Income 2021: $74,6982021Revenue 2022: $41,318Expenses 2022: $78,020Net Income 2022: -$36,7022022Revenue 2023: $191,050Expenses 2023: $145,286Net Income 2023: $45,7642023Revenue 2024: $172,545Expenses 2024: $58,361Net Income 2024: $114,1842024

Highlighted filing

2021

Revenue$112,735
Expenses$38,037
Net Income$74,698
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 24, 2022
Return Version
2021v4.0
Gross Receipts
$112,735
Mission and Program Overview

Mission

Lynn Main Streets harnesses the power of inclusive, multi-sector collaborations, the creative & performing arts, and a commitment to our small business community to promote a vibrant, welcoming downtown for all Lynn residents and visitors to enjoy.

Program Services

DescriptionGrantsExpenses
Bring existing recommendations and plans for downtown into reality, LMS adopted the Main Street America project framework to focus on economic, vitality, design, promotion and organization strategies for underutilized historic downtowns.$38,037-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda PeralDirector-$0--
John JudkinsPresident-$0--
Reggie PeralTreasurer-$0--
Samantha McHughSecretary-$0--
Saria ZeladaDirector-$0--
Carolyn ColeVice President-$0--
Elizabeth RosarioDirector-$0--
Andrew DupervalDirector-$0--
Adesuwa UsuanleleDirector-$0--
Cinda DanhDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lynn Main Streets Inc
EIN
85-1587425
Phone
7815968300
Address
590 WASHINGTON STEET, LYNN, MA 01901

Signing Officer

Name
Samantha McHugh
Title
Secretary
Signed
2022-06-24
Discuss with paid preparer
Yes

Preparer

Firm
Roger L Volk & Company
Address
152 The Lynnway Ste 2B, Lynn, MA 01902
Preparer
Li Chen Zhang
Phone
7815920500
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $6428”

Other Expenses.1

“CONTRACTOR $15380”

Other Expenses.2

“PROGRAM EXPENSE $10040”

Other Expenses.3

“OFFICE EXPENSE $3089”

Other Expenses.4

“RENT $2600”

Other Expenses.5

“REPAIR $500”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $43260”

Raw XML Appendix175 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/CityNm0LYNN
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Brenda Peral
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1John Judkins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Reggie Peral
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Samantha McHugh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Saria Zelada
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Carolyn Cole
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Elizabeth Rosario
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Andrew Duperval
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Adesuwa Usuanlele
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Cinda Danh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043260
IRS990EZ/OtherExpensesTotalAmt038037
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Lynn Main Streets harnesses the power of inclusive, multi-sector collaborations, the creative & performing arts, and a commitment to our small business community to promote a vibrant, welcoming downtown for all Lynn residents and visitors to enjoy.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Bring existing recommendations and plans for downtown into reality, LMS adopted the Main Street America project framework to focus on economic, vitality, design, promotion and organization strategies for underutilized historic downtowns.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt038037
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt038037
IRS990EZ/TotalProgramServiceExpensesAmt038037
IRS990EZ/TotalRevenueAmt0112735
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0112735
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016474
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0129209
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0129209
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0112735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt016474
IRS990ScheduleA/Total509Grp/TotalAmt0129209
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0112735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt016474
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $6428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONTRACTOR $15380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM EXPENSE $10040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSE $3089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RENT $2600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REPAIR $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Beginning $0 Accounts Receivable - Ending $43260
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1005
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Samantha McHugh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LYNN MAIN STREETS INC
ReturnHeader/Filer/BusinessNameControlTxt0LYNN
ReturnHeader/Filer/EIN0851587425
ReturnHeader/Filer/PhoneNum07815968300
ReturnHeader/Filer/USAddress/AddressLine1Txt0590 WASHINGTON STEET
ReturnHeader/Filer/USAddress/CityNm0LYNN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463566396
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Roger L Volk & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0152 The Lynnway Ste 2B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lynn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001902
ReturnHeader/PreparerPersonGrp/PhoneNum07815920500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Li Chen Zhang
ReturnHeader/ReturnTs02022-06-24T09:21:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Samantha
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McHugh
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,269
Liabilities
-
Net assets
$88,269
Revenue
$112,735
Expenses
$38,037
Net income
$74,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.68$1.68$1.73$0.58$1.14
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.54$1.91$1.45$0.46
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.41$0.78$0.37
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.88$1.13$0.38$0.75
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.16$0.03$0.14