Lasell Inc is located in Newton, MA. The organization was established in 2005. According to its NTEE Classification (B19) the organization is classified as: Support 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. Lasell 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, Lasell Inc generated $7.8k 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 (12.2%) each year. All expenses for the organization totaled $7.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PROVIDED ADMINISTRATIVE SERVICES TO LASELL UNIVERSITY AND LASELL VILLAGE, INC., ITS AFFILIATE ORGANIZATIONS, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF LASELL UNIVERSITY AND LASELL VILLAGE, INC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keon Holmes Chair/president/trustee | 1 | $0 | |
Henry Pugh Assistant Clerk | 1 | $0 | |
Michael B Alexander Clerk/trustee | 1 | $0 | |
Margery Silver Treasurer/trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $7,827 |
Total Revenue | $7,827 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,827 |
Total expenses | $7,827 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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