Dr Lynch Foundation EIN 95-4414094 Form 990 (PDF) Claim this org

Dr Lynch Foundation FY2020 filing

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Offers affordable rental homes to families with low incomes. For fiscal year 2020 it reported $527K in revenue, $624K in expenses, and $1.7M in net assets.Pt I

Type
Membership association · Housing
Location
Laguna Niguel, CA
Filings
5 on file (2020–2020)
Revenue
$527KFY2020
Expenses
$624K
Net assets
$1.7M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-4414094 Membership association Laguna Niguel, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers affordable rental homes to families with low incomes.
Leadership
Erin Michael Dolan · Treasurer · $60K
Money in and out
$527K revenue, $624K expenses
Bottom line
-18% operating surplus
Membership & operating revenue · FY2020
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$624K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$97K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Operating surplus
-18%
revenue over expenses
Earned revenue
100%
of revenue from program services & dues
Payroll share
12%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$527K
FY2020
Expenses
$624K
FY2020
Total assets
$3.1M
FY2020
Total liabilities
$1.4M
FY2020
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$624K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$97K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $526K of program spending, described in the organization's own filed words · FY2019.
01

Provide rental housing to low income families

$526Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDr Lynch Foundation
EINHdr · item D95-4414094
Principal addressHdr · item CLaguna Niguel, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFJan 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$60,000Pt VII · Sec A
Vice President
$50,000Pt VII · Sec A
Chairman
$20,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Craig Mordoh’s $61K as Director is at the 51st percentile of top reported officer pay among 849 $100K–1M housing 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Craig Mordoh$61,321$61,000$60,000$25,140
Erin Michael Dolan$61,000$61,000$60,000$60,000$60,000
Peter Kaplanis$50,000
Trevor Grimm$20,000
William Kelso$1,000$1,000
John Gibson$1,000$1,000

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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Statement of Revenue

Part VIII
Program service revenue100%$527K
Investment income$75
Total revenueLn 12$527K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$526K
Management & general16%$98K
Total functional expensesLn 25$624K

Balance Sheet

Part X · end of year
CashLn 1$198K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$1.4M
Total net assetsLn 32$1.7M
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $198K · Operating expenses/yr $624K
3.8 months
Where the money goes
Program services
Program services $526K · Total expenses $624K
84%
Management & General
Management & general $98K · Total expenses $624K
16%
Fundraising
Fundraising $0 · Total expenses $624K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $527K
0%
Government reliance
Government grants — · Total revenue $527K
Earned-income share
Program service revenue $527K · Total revenue $527K
100%
Investment reliance
Investment income $75 · Total revenue $527K
+0.01%
Program self-sufficiency
Program service revenue $527K · Total expenses $624K
84%
Growth & trend
Revenue growth (YoY)
This year $527K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $527K · Expenses $624K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $1.7M · Total assets $3.1M
54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Erin Michael Dolan · Reported title Treasurer · Highest reported compensation $60K · Total expenses $624K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $76K · Total expenses $624K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Investment management fee ratio 0%
Legal fee ratio 9%
Accounting fee ratio 10%
Fundraising fee ratio 0%

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.

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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
FY2025 (Latest)$519K revenue · ⤓ 990 PDF
FY2024$517K revenue · ⤓ 990 PDF
FY2023$461K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$525K revenue · ⤓ 990 PDF
FY2020$527K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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