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Lincoln Educational Services Corp
14 Sylvan Way, Suite A
Phone: (973) 736-9340p:973 736-9340 PARSIPPANY, NJ  07054  United States Ticker: LINC LINC
Business Summary
Lincoln Educational Services Corporation is a provider of diversified career-oriented post-secondary education. The Company offers career-oriented programs to recent high school graduates and working adults in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. The Company operates 22 campuses in 13 states under four brands: Lincoln College of Technology, Lincoln Technical Institute, Lincoln Culinary Institute, and Euphoria Institute of Beauty Arts and Sciences. The Company operates through two segments: Campus Operations and Transitional. The Campus Operations segment includes campuses that are continuing in operation and contribute to the Company’s core operations and performance. The Transitional segment refers to campuses that are marked for closure and are currently being taught-out.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes-Yes-

Industries
SIC Code Description
8249 Vocational schools, not elsewhere classified
8049 Offices and clinics of health practitioners, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board J. BarryMorrow 70 7/1/2015 2/24/2006
President, Chief Executive Officer, Director Scott M.Shaw 60 7/1/2015 1/1/2001
Chief Financial Officer, Executive Vice President, Treasurer Brian K.Meyers 55 1/1/2015 9/8/2014
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
LCT ACQUISITION LLC DBA LINCOLN COLLEGE OF NEW ENG SOUTHINGTON CT USA
NASHVILLE ACQUISITION 200 EXECUTIVE DR WEST ORANGE NJ US

Business Names
Business Name
Euphoria Acquisition, LLC
LCT Acquisition, LLC
LINC
5 additional Business Names available in full report.

General Information
Number of Employees: 1,800 (As of 12/31/2023)
Outstanding Shares: 31,446,059 (As of 3/14/2024)
Shareholders: 42
Stock Exchange: NASD
Federal Tax Id: 571150621


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Friday, April 26, 2024