Lynnfield Initiatives For Elders Inc
Lynnfield, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,669,899↑6% | $3,103,822↑5% | $19,686,249↓1% | |
| 2023 | $1,575,920↓1% | $2,942,483↑10% | $19,944,980↓4% | — |
| 2022 | $1,584,154↑9% | $2,667,145↑1% | $20,688,994↓6% | — |
| 2021 | $1,449,077 | $2,645,594↑17% | $21,939,385 | — |
| 2020 | $1,454,524↑4% | $2,269,237↓17% | $21,922,916↓3% | — |
| 2019 | $1,399,580↓6% | $2,734,834 | $22,590,344↓3% | — |
| 2018 | $1,483,379↑1% | $0↓100% | $23,277,834↓4% | — |
| 2017 | $1,470,629↑22% | $2,218,308↑7% | $24,232,956↓2% | — |
| 2016 | $1,206,506↑26% | $2,074,164↓4% | $24,757,825↑1% | — |
| 2015 | $958,205↑2% | $2,149,838↑24% | $24,602,071↑32% | — |
| 2014 | $939,508↑6% | $1,727,892↑8% | $18,639,797↑110% | — |
| 2013 | $885,668↑11% | $1,594,098↑29% | $8,878,594 | — |
| 2012 | $795,370 | $1,231,951 | $8,838,163 | — |
Frequently Asked Questions
What does Lynnfield Initiatives For Elders Inc do?▼
Lynnfield Initiatives For Elders Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lynnfield Initiatives For Elders Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lynnfield Initiatives For Elders Inc has a score of 60/100 (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 Lynnfield Initiatives For Elders Inc generate?▼
Lynnfield Initiatives For Elders Inc reports $1.9M in annual revenue and holds $19.5M in total assets, based on IRS filings.
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