JEmploymentEIN: 042763724· Ruling Year: 2020

Local Enterprise Assistance Fund Inc

Boston, Massachusetts

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$3.5M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$10.8M
Net Assets
📋
$15.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-57.8%
Year-over-year change (2022 → 2023)
Net Margin
+17.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.68
Net assets divided by total expenses
Liabilities-to-Assets
59.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,524,74758%$2,918,1539%$26,238,8969%
2022$8,343,201149%$2,679,86348%$24,155,72656%
2021$3,351,66391%$1,811,5155%$15,497,66928%
2020$1,754,78114%$1,725,04920%$12,088,91111%
2019$1,537,637193%$1,436,32864%$10,859,17612%
2018$524,43849%$875,1256%$9,715,36335%
2017$1,034,7106%$821,95024%$7,217,91921%
2016$972,36259%$664,85536%$5,965,03933%
2015$612,61217%$488,4392%$4,487,57625%
2014$737,854261%$496,276181%$3,592,60514%
2013$204,21283%$176,8447%$3,145,9043%
2012$1,172,817110%$190,22273%$3,055,39162%
2011$557,177$109,682$1,890,950

Frequently Asked Questions

What does Local Enterprise Assistance Fund Inc do?

Local Enterprise Assistance Fund Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local Enterprise Assistance Fund Inc financially healthy?

Based on our 9-metric Financial Health Score model, Local Enterprise Assistance Fund Inc has a score of 63/100 (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 Local Enterprise Assistance Fund Inc generate?

Local Enterprise Assistance Fund Inc reports $5.2M in annual revenue and holds $31.1M in total assets, based on IRS filings.

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