CSCharityScored
70

Lynnfield Initiatives For Elders Inc

Human Services · Lynnfield, Massachusetts

101 Essex Vlg, Lynnfield, MA 01940-1269

EIN: 042775961· Founded: Sep 1983· 43 years active· Filing Year: 2024

Annual Revenue

$1.7M

Total Expenses

$3.1M

Total Assets

$19.7M

Program Spending

50%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$70K

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$127K

Total Payroll

$197K

6% of total expenses

Where the Money Goes

50%
Programs: 50%
Payroll: 6%
Other overhead: 50%
Program Revenue$1.6M (93%)
Total Expenses$3.1M (100%)
Payroll$197K (6%)
Overhead (non-program)50%

Trust Score Breakdown

Program Spending Ratio

50% of expenses go to programs

40%

Revenue & Stability

$1.7M annual revenue

15%

Executive Compensation

$70K total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$19.7M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.