Local Enterprise Assistance Fund Inc
Boston, 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 | |
|---|---|---|---|---|
| 2023 | $3,524,747โ58% | $2,918,153โ9% | $26,238,896โ9% | |
| 2022 | $8,343,201โ149% | $2,679,863โ48% | $24,155,726โ56% | โ |
| 2021 | $3,351,663โ91% | $1,811,515โ5% | $15,497,669โ28% | โ |
| 2020 | $1,754,781โ14% | $1,725,049โ20% | $12,088,911โ11% | โ |
| 2019 | $1,537,637โ193% | $1,436,328โ64% | $10,859,176โ12% | โ |
| 2018 | $524,438โ49% | $875,125โ6% | $9,715,363โ35% | โ |
| 2017 | $1,034,710โ6% | $821,950โ24% | $7,217,919โ21% | โ |
| 2016 | $972,362โ59% | $664,855โ36% | $5,965,039โ33% | โ |
| 2015 | $612,612โ17% | $488,439โ2% | $4,487,576โ25% | โ |
| 2014 | $737,854โ261% | $496,276โ181% | $3,592,605โ14% | โ |
| 2013 | $204,212โ83% | $176,844โ7% | $3,145,904โ3% | โ |
| 2012 | $1,172,817โ110% | $190,222โ73% | $3,055,391โ62% | โ |
| 2011 | $557,177 | $109,682 | $1,890,950 | โ |
Frequently Asked Questions
What does Local Enterprise Assistance Fund Inc do?โผ
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?โผ
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?โผ
Local Enterprise Assistance Fund Inc reports $5.6M in annual revenue and holds $34.5M in total assets, based on IRS filings.
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