Lorenzos House
- Assets
- $190.2k
- Revenue
- $501.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 87-1604169
Organization Overview
Lorenzos House is located in Chicago, IL. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Lorenzos House employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lorenzos House 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 12/2023, Lorenzos House generated $501.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $472.4k during the year ending 12/2023. While expenses have increased by 16.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LORENZO'S HOUSE EMPOWERS YOUNG PEOPLE AND THEIR FAMILIES WALKING WITH YOUNGER-ONSET DEMENTIA THROUGH AN ARRAY OF HOLISTIC SUPPORT, SHIFTING THE NARRATIVE FROM ISOLATION TO CONNECTION, STIGMA TO STRENGTH AND DARKNESS TO LIGHT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LORENZO'S HOUSE IS THE GLOBAL HUB OF SUPPORT FOR YOUNG PEOPLE AND THEIR FAMILIES AFFECTED BY YOUNGER-ONSET DEMENTIA. WE ARE A VIRTUAL, NONPROFIT SOCIAL IMPACT ORGANIZATION SERVING FAMILY MEMBERS, WITH A FOCUS ON YOUTH - IN 46 STATES AND 5 COUNTRIES THROUGH OUR 3 PILLAR PROGRAMS PROVIDED AT NO COST: MATCH, CLUBS AND SUMMIT.MATCH CONNECTS PEERS OF A SIMILAR PROFILE, WALKING A SIMILAR PATH, TO EXCHANGE TECHNIQUES, SHARE RESOURCES AND CURE ISOLATION. OUR MATCH CONNECTS YOUNG PEOPLE AND ADULTS WITH A SIMILAR PROFILE-AND ITS IMPACT RANGES FROM A SERIES OF TEXTS, TO SEVERAL CONVERSATIONS TO A LIFELONG FRIENDSHIP. CLUBS ARE OUR VIRTUAL SPACES TO SHARE COMMON STORIES, CONNECT TO RESOURCES AND FIND COMMUNITY. LIGHT CLUB IS A VIRTUAL HANGOUT FOR KIDS, 8 TO 30+ OF A PARENT WITH YOUNGER-ONSET DEMENTIA (YOD) TO FEEL UNDERSTOOD, SHARE COMMON STORIES, EXCHANGE MINDFULNESS PRACTICES & BUILD AN ALLIANCE. SHINE-ON IS A VIRTUAL SPACE FOR YOUTH WHOSE LOVED ONE/PERSON HAS PASSED-AND SEEKS TO CONNECT IN A SHARED EXPERIENCE. BRIGHT BRUNCH AND LIGHT LOUNGE ARE VIRTUAL SPACES FOR CAREPARTNER/SPOUSES TO FEEL UNDERSTOOD, SHARE COMMON STORIES, EXCHANGE RESOURCES AND CURE ISOLATION. MUSIC, MOVEMENT & COMMUNITY IS AN IN-PERSON INTERACTIVE EXPERIENCE IN CHICAGO WHERE MUSIC AND EXPRESSION IGNITE CONNECTION AND JOY. SUMMIT IS A FREE VIRTUAL WORLDWIDE EVENT THAT UNITES CHILDREN, TEENS AND YOUNG ADULTS OF A PARENT LIVING WITH, OR HAS LIVED WITH YOUNGER-ONSET DEMENTIA OF ANY FORM. AN INSPIRING DAY TOGETHER TO SHARE COMMON STORY, EXCHANGE CARER STRATEGIES, MOVE FORWARD ADVOCACY INITIATIVES AND BUILD COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Shulla Cose Founder & Executive Director | OfficerTrustee | 40 | $150,613 |
William Lowe Vice Chairperson | OfficerTrustee | 1 | $0 |
Leslie Knight Secretary | OfficerTrustee | 1 | $0 |
Jonny Imerman Trustee | Trustee | 1 | $0 |
Tessa Mcewen Trustee | Trustee | 1 | $0 |
Kitty Rothschild Treasurer | Trustee | 1 | $0 |
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 | $496,269 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,269 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,521 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,790 |
| 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. | $150,613 |
| Compensation of current officers, directors, key employees. | $7,531 |
| Compensation to disqualified persons | $83,374 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,848 |
| Payroll taxes | $17,069 |
| Fees for services: Management | $24,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $156,877 |
| Advertising and promotion | $2,175 |
| Office expenses | $10,603 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $671 |
| 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 | $3,336 |
| All other expenses | $10,815 |
| Total functional expenses | $472,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,598 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,000 |
| 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 | $581 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,179 |
| Accounts payable and accrued expenses | $41,986 |
| 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 | $32,806 |
| Total liabilities | $74,792 |
| Net assets without donor restrictions | $115,387 |
| 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 | $190,179 |