Lean Global Network Inc
- Assets
- $770.5k
- Revenue
- $178.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2009
- Data as of
- 06/2021
- EIN
- 26-1222440
Organization Overview
Lean Global Network Inc is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lean Global Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Lean Global Network Inc generated $178.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $184.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ENABLE THE DISSEMINATION, TEACHING, AND PROMOTION OF LEAN PRINCIPLES THROUGHOUT THE WORLD AND THE DEVELOPMENT OF LEAN LEADERS VIA A NETWORK OF INSTITUTES, KNOWN AS AFFILIATES, WHO PROMOTE AND ADVANCE LEAN THINKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING COOPERATION AND COLLABORATION AMONG INSTITUTES, GROWING THE NETWORK AND PROVIDING OVERSIGHT OVER EXISTING INSTITUTES, AND UNDERTAKING SPECIAL PROJECTS THAT STRENGTHEN INSTITUTES.
PARTNERING WITH COACHES FROM THE AFFILIATED INSTITUTES AROUND THE WORLD TO DEVELOP THE LEAN THINKING CAPABILITIES OF LGN INSTITUTES AND COMPANIES AND OTHER FORMS OF ORGANIZATIONS INTERESTED IN LEARNING ABOUT LEAN THINKING AND HOW LEAN THINKING CAN IMPROVE THEIR PERFORMANCE AND RESULTS.
PUBLISHING THOUGHT-LEADING CONTENT ON LEAN THINKING AND PRACTICE ON THE LEAN GLOBAL NETWORK'S ONLINE JOURNAL, PLANET LEAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Savas Director | Officer | 40 | $123,573 |
Tomasz Koch Treasurer | OfficerTrustee | 1 | $0 |
John Shook Chair/clerk/exec. Comm. Me | OfficerTrustee | 1 | $0 |
Cevdet Ozdogan Executive Committee Member | Trustee | 1 | $0 |
David Brunt Director | Trustee | 1 | $0 |
Denise Bennett Executive Committee Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lean Enterprise Institute Coaching Fees | 6/29/20 | $380,876 |
Lean Enterprise Institute Coaching Fees | 6/29/20 | $380,876 |
Lean Management Instituut Inc Coaching Fees | 6/29/20 | $235,396 |
Lean Management Instituut Inc Coaching Fees | 6/29/20 | $235,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $178,002 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,541 |
| Advertising and promotion | $0 |
| Office expenses | $734 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $184,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $221,706 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $11,290 |
| Other assets | $0 |
| Total assets | $770,477 |
| Accounts payable and accrued expenses | $114,346 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $95,913 |
| Total liabilities | $210,259 |
| Net assets without donor restrictions | $560,218 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $770,477 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |