Z โ€” UnclassifiedEIN: 042400070ยท Ruling Year: 1968

Lynn Home For Elderly Persons

Lynn, Massachusetts

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$1.8M
Total Revenue
๐Ÿ“Š
$2.3M
Total Expenses
๐Ÿฆ
$34.6M
Net Assets
๐Ÿ“‹
$259
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-51.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-29.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.74
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$1,819,998โ†“52%$2,349,507โ†“3%$34,641,769โ†‘4%
2022$3,754,311โ†“15%$2,430,255$33,267,590โ†“13%
2021$4,397,896โ†‘24%$2,418,394โ†‘8%$38,190,452โ†‘14%
2020$3,549,376โ†‘42%$2,242,699โ†‘9%$33,515,953โ†‘22%
2015$2,500,526โ†‘31%$2,061,565โ†‘4%$27,518,807โ†“6%
2014$1,904,179โ†“24%$1,988,347โ†‘3%$29,310,636โ†‘10%
2013$2,512,824โ†‘53%$1,930,189โ†‘3%$26,573,140โ†‘3%
2012$1,645,201โ†“25%$1,866,402โ†“1%$25,897,208โ†‘2%
2011$2,200,696$1,877,096$25,324,575

Frequently Asked Questions

What does Lynn Home For Elderly Persons do?โ–ผ

Lynn Home For Elderly Persons is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lynn Home For Elderly Persons financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Lynn Home For Elderly Persons has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lynn Home For Elderly Persons generate?โ–ผ

Revenue data for Lynn Home For Elderly Persons is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Lynn Home For Elderly Persons โ€” Lynn, MA | GiveScope