Totals
- Total revenue
- $16,936,820
- Total expenses
- $13,908,941
- Contributions and grants received
- $16,696,282
- Grants paid
- $4,166,140
- Program service revenue
- $59,867
- Investment income
- $199,761
- Other revenue
- -$19,090
- Total assets, end of year
- $24,242,226
- Total liabilities, end of year
- $7,448,894
- Net assets or fund balances, end of year
- $16,793,332
- Program services expenses (Part IX)
- $12,196,483
- Management and general expenses
- $1,662,795
- Fundraising expenses
- $49,663
- Program service expenses (Part III)
- $12,196,483
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$24,886
-
1e · Government grants (contributions)
$15,339,860
-
1f · All other contributions, gifts and grants
$1,331,536
-
1g · Noncash contributions included above
$71,519
-
2a · Program service revenue: FOOD SERVICE
total $25,360 · related or exempt $25,360
-
2b · Program service revenue: PARENT FEES
total $23,110 · related or exempt $23,110
-
2c · Program service revenue: FISCAL AGENT FEES
total $11,397 · related or exempt $11,397
-
3 · Investment income
total $199,761 · excluded $199,761
-
8a · Fundraising events: gross income
$5,385
-
8a · Fundraising events: contributions included on line 1c
$24,886
-
8b · Fundraising events: direct expenses
$3,950
-
8c · Net income from fundraising events
total $1,435 · excluded $1,435
-
11a · Other revenue: LOSS ON WEATHERIZATION PROGRAM
total -$20,525 · related or exempt -$20,525
-
11e · Other revenue, total
-$20,525
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,166,140 · program services $4,166,140
-
5 · Compensation of officers, directors and key employees
total $402,257 · management and general $402,257
-
7 · Other salaries and wages
total $6,019,821 · program services $5,324,673 · management and general $695,148
-
8 · Pension plan contributions
total $258,442 · program services $217,722 · management and general $40,720
-
9 · Other employee benefits
total $858,376 · program services $756,043 · management and general $102,333
-
10 · Payroll taxes
total $586,458 · program services $505,964 · management and general $80,494
-
11c · Fees: accounting
total $58,368 · management and general $58,368
-
11d · Fees: lobbying
total $36,000 · fundraising $36,000
-
11e · Fees: professional fundraising services
total $12,028 · fundraising $12,028
-
11g · Fees: other
total $86,000 · program services $68,875 · management and general $17,125
-
12 · Advertising and promotion
total $61,416 · program services $61,316 · management and general $100
-
13 · Office expenses
total $243,549 · program services $182,833 · management and general $60,716
-
14 · Information technology
total $111,419 · program services $70,601 · management and general $40,818
-
16 · Occupancy
total $439,638 · program services $366,392 · management and general $73,246
-
17 · Travel
total $66,618 · program services $57,657 · management and general $8,961
-
19 · Conferences, conventions and meetings
total $84,024 · program services $76,379 · management and general $7,645
-
22 · Depreciation, depletion and amortization
total $155,156 · program services $146,843 · management and general $8,313
-
23 · Insurance
total $57,831 · program services $6,522 · management and general $51,309
-
24a · Other expenses: FOOD
total $105,454 · program services $104,876 · management and general $578
-
24b · Other expenses: PROGRAM SUPPLIES
total $48,642 · program services $48,642
-
24c · Other expenses: DUES AND FEES
total $45,117 · program services $33,171 · management and general $11,946
-
24d · Other expenses: CAPITAL PROJECT EXPENSE
total $1,635 · fundraising $1,635
-
24e · All other expenses
total $4,552 · program services $1,834 · management and general $2,718
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $7,258,514 · end of year $3,709,275
-
3 · Pledges and grants receivable
beginning of year $1,346,722 · end of year $1,619,245
-
4 · Accounts receivable
beginning of year $1,302,796 · end of year $774,253
-
9 · Prepaid expenses and deferred charges
beginning of year $160,607 · end of year $133,346
-
10a · Land, buildings and equipment: cost or other basis
$20,018,326
-
10b · Land, buildings and equipment: accumulated depreciation
$2,313,440
-
10c · Land, buildings and equipment, net
beginning of year $6,177,988 · end of year $17,704,886
-
15 · Other assets
beginning of year $407,138 · end of year $301,221
-
17 · Accounts payable and accrued expenses
beginning of year $1,513,450 · end of year $2,524,673
-
19 · Deferred revenue
beginning of year $947,313 · end of year $1,423,266
-
20 · Tax-exempt bond liabilities
end of year $3,178,755
-
25 · Other liabilities
beginning of year $421,110 · end of year $322,200
-
27 · Net assets without donor restrictions
beginning of year $8,271,911 · end of year $10,341,100
-
28 · Net assets with donor restrictions
beginning of year $5,499,981 · end of year $6,452,232
Mission and programs · 2023
Mission
LEO INC.'S MISSION IS TO STRENGTHEN THE GREATER LYNN COMMUNITY THROUGH RESOURCES AND SERVICES THAT PROVIDE OPPORTUNITIES FOR CHILDREN, FAMILIES AND INDIVIDUALS TO THRIVE.
Activities or mission (Part I)
TO STRENGTHEN THE GREATER LYNN COMMUNITY THROUGH RESOURCES AND SERVICES THAT PROVIDE OPPORTUNITIES FOR CHILDREN, FAMILIES AND INDIVIDUALS TO THRIVE.
-
EARLY CHILDHOOD EDUCATION SERVICES INCLUDE HEAD START (AGES 3-5) AND EARLY HEAD START (AGES 6 WEEKS-3 YEARS) SERVICES IN LYNN. EARLY HEAD START INCLUDES A HOME-BASED COMPONENT AND ALSO SERVES WOMEN WHO ARE PREGNANT, UP TO AND BEYOND DELIVERY. IN THE PAST YEAR, LEO HAD 450 CHILDREN ENROLLED IN ITS PROGRAMS, WHICH ARE BASED ON A COMPREHENSIVE SCHOOL READINESS CURRICULUM, NUTRITIONAL AND WELLNESS GOALS, HEALTH ASSESSMENTS, AND BEHAVIORAL AND MENTAL HEALTH SUPPORT.
Expenses $6,869,988 · Grants $44 · Revenue $59,867
-
LEO INC. PROVIDES FUEL ASSISTANCE THROUGH THE MASSACHUSETTS HOME ENERGY ASSISTANCE PROGRAM (HEAP), WHICH PROTECTS ELIGIBLE LOW-INCOME HOUSEHOLDS FROM THE HIGH COST OF HOME HEATING. ELIGIBILITY. BENEFITS ARE BASED ON FAMILY SIZE AND INCOME. ANNUALLY, LEO SERVES APPROXIMATELY 3,500 HOUSEHOLDS AND MORE THAN 7,500 INDIVIDUALS. THE MAJORITY OF HOUSEHOLDS SERVED INCLUDE A CHILD UNDER THE AGE OF 5, A RESIDENT AGE 60 OR OLDER, AND/OR AN INDIVIDUAL WITH DISABILITIES.
Expenses $4,491,805 · Grants $4,042,272 · Revenue -$20,525
-
LEO'S COMMUNITY SERVICE PROGRAM INCLUDES SERVICES TO STABILIZE INDIVIDUALS FACING FINANCIAL EMERGENCIES AS A RESULT OF POVERTY. WITHIN THIS PROGRAM, LEO'S VOLUNTEER INCOME TAX ASSISTANCE (VITA) PROGRAM FILED 184 TAX RETURNS FOR 120 ELIGIBLE CLIENTS, WHO CLAIMED TAX CREDITS RESULTING IN $334,000 IN REFUNDS, MONEY THAT WAS REINVESTED INTO THE COMMUNITY.
Expenses $834,690 · Grants $123,824
As filed on the 2023 return.
Listed in Part VII
-
James LowJAMES LOW
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Posan UngPOSAN UNG
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris BendicksenCHRIS BENDICKSEN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly Rowe-CummingsKIMBERLY ROWE-CUMMINGS
CLERK
- Total calculated
- $0
- Hours/week
- 0.5
-
Eddie GomezEDDIE GOMEZ
ASST CLERK
- Total calculated
- $0
- Hours/week
- 0.5
-
Paola ColungaPAOLA COLUNGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jacqueline GalloJACQUELINE GALLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jane LavioeJANE LAVIOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nicole McClainNICOLE MCCLAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Adriana MoschellaADRIANA MOSCHELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joyce M ReenJOYCE M REEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
James HiggsJAMES HIGGS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Diana PerezDIANA PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Birgitta S DamonBIRGITTA S DAMON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $224,443
- From this org
- $177,748
- From related orgs
- $0
- Other
- $46,695
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,748
- Bonus
- $0
- Other
- $0
- Deferred
- $11,009
- Nontaxable benefits
- $35,686
- Filer's total
- $224,443
-
Kara MurphyKARA MURPHY
CHIEF FINANCIAL OFFICER
- Total calculated
- $168,300
- From this org
- $143,088
- From related orgs
- $0
- Other
- $25,212
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,088
- Bonus
- $0
- Other
- $0
- Deferred
- $8,792
- Nontaxable benefits
- $16,420
- Filer's total
- $168,300
-
Lilian RomeroLILIAN ROMERO
CHIEF PROGRAM OFFICER
- Total calculated
- $161,919
- From this org
- $130,098
- From related orgs
- $0
- Other
- $31,821
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,098
- Bonus
- $0
- Other
- $0
- Deferred
- $8,164
- Nontaxable benefits
- $23,657
- Filer's total
- $161,919
-
Jennifer L MaucheJENNIFER L MAUCHE
DIRECTOR OF HR
- Total calculated
- $153,614
- From this org
- $115,886
- From related orgs
- $0
- Other
- $37,728
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,886
- Bonus
- $0
- Other
- $0
- Deferred
- $7,221
- Nontaxable benefits
- $30,507
- Filer's total
- $153,614
-
Bridget G BertrandBRIDGET G BERTRAND
PROGRAM DIRECTOR
- Total calculated
- $149,807
- From this org
- $135,830
- From related orgs
- $0
- Other
- $13,977
- Hours/week
- 40
-
Lisa McFaddenLISA MCFADDEN
DEVELOPMENT DIRECTOR
- Total calculated
- $140,985
- From this org
- $117,626
- From related orgs
- $0
- Other
- $23,359
- Hours/week
- 40
-
Marilyn PerryMARILYN PERRY
DIRECTOR OF NUTRITION & HEALTH
- Total calculated
- $135,316
- From this org
- $117,651
- From related orgs
- $0
- Other
- $17,665
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202532169349301673
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