Lean Global Network INC EIN 26-1222440 Form 990 (PDF) Claim this org

Lean Global Network INC FY2021 filing

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Promotes and teaches lean principles globally, developing leaders through a network of institutes. For fiscal year 2021 it reported $178K in revenue, $184K in expenses, and $560K in net assets.Pt I

Founded
2007
Type
Public charity (501(c)(3)) · Education
Location
Boston, MA
Website
www.planet-lean.com/lean-global-network
Filings
5 on file (2020–2021)
Revenue
$178KFY2021
Expenses
$184K
Net assets
$560K
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-1222440 Public charity (501(c)(3)) Boston, MA Founded 2007
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Promotes and teaches lean principles globally, developing leaders through a network of institutes.
Leadership
Matthew Savas · Director · $124K
Money in and out
$178K revenue, $184K expenses
Bottom line
92% program efficiency
Where the money goes · FY2021
Total revenue
$178K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$560K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
35.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$178K
FY2021▼ -81%
Expenses
$184K
FY2021▼ -80%
Total assets
$770K
FY2021▼ -2%
Total liabilities
$210K
FY2021▼ -4%
Total revenue
$178K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$560K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$770K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLean Global Network INC
EINHdr · item D26-1222440
Principal addressHdr · item CBoston, MA
Year of formationHdr · item L2007
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFSep 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$123,573Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Committee Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Committee Member
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Committee Member
$0Pt VII · Sec A

Matthew Savas’s $129K as Director (until Jan 2022) is at the 93rd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Matthew Savas$129,455$123,573$105,445

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $170K of program spending, described in the organization's own filed words · FY2020.
01

Publishing thought-leading content on lean thinking and practice on the lean global network's online journal, planet lean.

$103Kprogram expense
02

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.

$50Kprogram expense
03

Promoting cooperation and collaboration among institutes, growing the network and providing oversight over existing institutes, and undertaking special projects that strengthen institutes.

$18Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$178K
Total revenueLn 12$178K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$170K
Management & general8%$14K
Total functional expensesLn 25$184K

Balance Sheet

Part X · end of year
CashLn 1$537K
Total assetsLn 16$770K
Total liabilitiesLn 26$210K
Total net assetsLn 32$560K
Months of cash on handcomputed35.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $537K · Operating expenses/yr $184K
35.0 months
Where the money goes
Program services
Program services $170K · Total expenses $184K
92%
Management & General
Management & general $14K · Total expenses $184K
8%
Fundraising
Fundraising $0 · Total expenses $184K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $178K
0%
Government reliance
Government grants — · Total revenue $178K
Earned-income share
Program service revenue $178K · Total revenue $178K
100%
Investment reliance
Investment income $0 · Total revenue $178K
0%
Program self-sufficiency
Program service revenue $178K · Total expenses $184K
96%
Growth & trend
Revenue growth (YoY)
This year $178K · Prior year $942K
-81%
Net-asset trend (YoY)
End of year $560K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $178K · Expenses $184K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $770K
Net-asset ratio
Net assets $560K · Total assets $770K
73%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $770K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matthew Savas · Reported title DIRECTOR · Highest reported compensation $124K · Total expenses $184K
67%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $184K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Revenue growth -81%
Accounting fee ratio 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$149K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$316K revenue · ⤓ 990 PDF
FY2023$294K revenue · ⤓ 990 PDF
FY2022$309K revenue · ⤓ 990 PDF
FY2021$178K revenue · viewing · ⤓ 990 PDF
FY2020$942K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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