Totals
- Total revenue
- $469,297
- Total expenses
- $499,780
- Contributions and grants received
- $446,063
- Grants paid
- $0
- Program service revenue
- $23,201
- Investment income
- $33
- Other revenue
- $0
- Total assets, end of year
- $620,699
- Total liabilities, end of year
- $239,206
- Net assets or fund balances, end of year
- $381,493
- Program services expenses (Part IX)
- $245,109
- Management and general expenses
- $200,650
- Fundraising expenses
- $54,021
- Program service expenses (Part III)
- $245,109
Program services were 49.0% 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.
-
1e · Government grants (contributions)
$267,000
-
1f · All other contributions, gifts and grants
$179,063
-
2a · Program service revenue: PROGRAM FEES
total $23,201 · related or exempt $23,201
-
3 · Investment income
total $33 · excluded $33
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $89,702 · program services $17,940 · management and general $35,881 · fundraising $35,881
-
7 · Other salaries and wages
total $171,772 · program services $148,769 · management and general $22,690 · fundraising $313
-
10 · Payroll taxes
total $24,310 · program services $15,500 · management and general $5,445 · fundraising $3,365
-
11c · Fees: accounting
total $13,490 · management and general $13,490
-
12 · Advertising and promotion
total $3,658 · management and general $3,658
-
13 · Office expenses
total $10,408 · management and general $10,408
-
16 · Occupancy
total $63,692 · management and general $63,692
-
22 · Depreciation, depletion and amortization
total $4,310 · management and general $4,310
-
23 · Insurance
total $8,987 · management and general $8,987
-
24a · Other expenses: PROGRAM EXPENSES
total $33,488 · program services $33,488
-
24b · Other expenses: CONTRACT SERVICES
total $25,540 · program services $17,540 · fundraising $8,000
-
24c · Other expenses: TELEPHONE
total $14,461 · management and general $14,461
-
24d · Other expenses: SUPPLIES
total $13,048 · program services $4,068 · management and general $3,901 · fundraising $5,079
-
24e · All other expenses
total $22,914 · program services $7,804 · management and general $13,727 · fundraising $1,383
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $410,385 · end of year $378,883
-
9 · Prepaid expenses and deferred charges
beginning of year $9,079 · end of year $8,091
-
10a · Land, buildings and equipment: cost or other basis
$28,441
-
10b · Land, buildings and equipment: accumulated depreciation
$12,551
-
10c · Land, buildings and equipment, net
beginning of year $4,830 · end of year $15,890
-
15 · Other assets
end of year $217,835
-
17 · Accounts payable and accrued expenses
beginning of year $12,318 · end of year $14,379
-
25 · Other liabilities
end of year $224,827
-
27 · Net assets without donor restrictions
beginning of year $411,976 · end of year $381,493
Mission and programs · 2023
Mission
OUR MISSION IS TO WORK TO ACHIEVE SOCIAL AND ECONOMIC JUSTICE BY EMPOWERING LOW TO MODERATE INCOME POPULATIONS IN LAWRENCE, MA THROUGH SHARED VALUES OF INCLUSIVENESS AND COLLABORATION TO RECLAIM A VOICE FOR LAWRENCE AND ADVOCATE SELF-DETERMINATION FOR ITS RESIDENTS THROUGH COMMUNITY DEVELOPMENT INITIATIVES SUCH AS AFFORDABLE HOUSING, FINANCIAL COACHING AND YOUTH LEADERSHIP PROGRAMS.
Activities or mission (Part I)
OUR MISSION IS TO WORK TO ACHIEVE SOCIAL AND ECONOMIC JUSTICE BY EMPOWERING LOW TO MODERATE ONCOME POPULATIONS IN LAWRENCE, MA THROUGH SHARED VALUES OF INCLUSIVENESS AND COLLABORATION TO RECLAIM A VOICE FOR LAWRENCE AND ADVOCATE SELF-DETERMINATION FOR ITS RESIDENTS THROUGH COMMUNITY DEVELOPMENT INITIATIVES SUCH AS AFFORDABLE HOUSING, FINANCIAL COACHING, AND YOUTH LEADERSHIP PROGRAMS.
-
THE ORGANIZATION ASSISTED LOW-INCOME FAMILIES THROUGH ALL OF THE ORGANIZATION'S PROGRAMS. THE ORGANIZATION EDUCATED PEOPLE WITH FINANCIAL LITERACY AND COUSELED PEOPLE THROUGH FORECLOSURE PREVENTION. THE ORGANIZATION EDUCATED FIRST-TIME HOME BUYERS AND GRADUATED NEW YOUTH LEADERS.
Expenses $245,109 · Revenue $23,201
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erika HernandezERIKA HERNANDEZ
EXECUTIVE DI
- Total calculated
- $89,702
- From this org
- $89,702
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Alenny AcevedoALENNY ACEVEDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Raisa Carrasco-VelezRAISA CARRASCO-VELEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mabel DominguezMABEL DOMINGUEZ
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Luis Saenz De Viguera ErikiagaLUIS SAENZ DE VIGUERA ERIKIAGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rosa MaldonadoROSA MALDONADO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Henry OchHENRY OCH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Cristal QuezadaCRISTAL QUEZADA
CLERK
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202413199349310701
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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