Michael Lynch
The data on this page comes from a financial disclosure filed by Michael Lynch, who was picked to be: Senior Advisor, General Services Administration in January, 2025. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| Zedsen | CEO/Board member, 5/2023 - Present | 1 | |
| Prolific, LLC | Executive Advisor, 3/2023 - Present | 2 | |
| Earkick | Executive Advisor, 12/2022 - Present | 3 | |
| Gamma Diagnostic | Executive Advisor, 12/2022 - Present | 4 | |
| Hoosiers MR1 | Co-founder, 3/2024 - Present | 5 | |
| Hickory Investment | Co-founder, 10/2022 - Present | 6 | |
| Hickory Properties | Co-founder, 10/2022 - Present | 7 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Zedsen (medical equipment manufacturing) | $267K | salary | 1 | ||
| Hickory Investments (investment entity) | 2 | ||||
| Prolific, LLC (growth firm) | $31,221 | monthly consulting fees | 2.1 | ||
| Hoosiers MR1 (investment entity) | 3 | ||||
| Empower Fund (investment entity) | 3.1 | ||||
| Chernoff Newman (marketing agency) | $250K - $500K | None (or less than $201) | 3.1.1 | ||
| Earkick (mental heath AI app) | $15,001 - $50,000 | None (or less than $201) | 3.2 | ||
| 401(k) #1 | 4 | ||||
| Fidelity Freedom 2040 | $50,001 - $100K | None (or less than $201) | 4.1 | ||
| IRA #1 | 5 | ||||
| iShares Short Treasury Bond ETF (SHV) | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) | $1,001 - $15,000 | None (or less than $201) | 5.2 | ||
| iShares 1-3 Year Treasury Bond ETF (SHY) | $1,001 - $15,000 | None (or less than $201) | 5.3 | ||
| SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) | $15,001 - $50,000 | None (or less than $201) | 5.4 | ||
| iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) | $1,001 - $15,000 | None (or less than $201) | 5.5 | ||
| SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) | $15,001 - $50,000 | None (or less than $201) | 5.6 | ||
| Vanguard Long-Term Treasury Index Fund ETF Class Shares (VGLT) | $1,001 - $15,000 | None (or less than $201) | 5.7 | ||
| Vanguard Total Stock Market Index Fund ETF Class Shares (VTI) | $15,001 - $50,000 | None (or less than $201) | 5.8 | ||
| iShares Core S&P Total US Stock Market ETF (ITOT) | $50,001 - $100K | None (or less than $201) | 5.9 | ||
| Vanguard Dividend Appreciation Index Fund ETF Class Shares (VIG) | $1,001 - $15,000 | None (or less than $201) | 5.10 | ||
| IShares Core Dividend Growth ETF (DGRO) | $15,001 - $50,000 | None (or less than $201) | 5.11 | ||
| Vanguard Developed Markets Index Fund ETF Shares (VEA) | $15,001 - $50,000 | None (or less than $201) | 5.12 | ||
| SCHWAB INTERNATIONAL EQUITY ETF (SCHF) | $1,001 - $15,000 | None (or less than $201) | 5.13 | ||
| VanguardEmerging Markets Stock Index Fund ETF Shares (VWO) | $1,001 - $15,000 | None (or less than $201) | 5.14 | ||
| iShares Core MSCIEmerging Markets ETF (IEMG) | $15,001 - $50,000 | None (or less than $201) | 5.15 | ||
| Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB) | $1,001 - $15,000 | None (or less than $201) | 5.16 | ||
| iShares National Muni Bond ETF (MUB) | $1,001 - $15,000 | None (or less than $201) | 5.17 | ||
| Schwab US Tips ETF (SCHP) | $1,001 - $15,000 | None (or less than $201) | 5.18 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Zedsen | I have been the CEO of Zedsen since 2023 and as part of my contract, I have a transition clause and notice period. As such, I have resigned as CEO to join the federal government. My final date for the contractual notice period is 7/1/25. A new CEO has been named and I will officially transition from CEO to non-executive board member effective 4/1/25. I currently have no day- to-day direction over the operations of the business. (2025-01-01) | 1 | |
| Prolific | I have been an advisory board member since 2022 and signed an operating agreement with the business in 2024 that became effective effective January 1, 2025. I also have profit interests associated with the operating agreement. (2025-01-01) | 2 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Hickory Properties | 1 | ||||
| Residential real estate (Ladera Ranch, California) | $1M - $5M | $50,001 - $100K | Rent or Royalties | 1.1 | |
| Indiana 529 Plan #1 | 2 | ||||
| Indiana 529 advancement 2031 plan | $15,001 - $50,000 | None (or less than $201) | 2.1 | ||
| Indiana 529 Plan #2 | 3 | ||||
| Indiana 529 advancement 2034 plan | $15,001 - $50,000 | None (or less than $201) | 3.1 | ||
| Indiana 529 plan #3 | 4 | ||||
| Indiana 529 advancement 2034 plan | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| SpaceX (vested units) | $500K - $1M | $100K - $1M | Capital Gains | 5 | |
| 529 Plan #4 | 6 | ||||
| Emerging markets stock portfolio | $1,001 - $15,000 | None (or less than $201) | 6.1 | ||
| International stock portfolio | $1,001 - $15,000 | None (or less than $201) | 6.2 | ||
| Total stock market portfolio | $1,001 - $15,000 | None (or less than $201) | 6.3 | ||
| Dividend stock portfolio | $1,001 - $15,000 | None (or less than $201) | 6.4 | ||
| REIT portfolio | $1,001 - $15,000 | None (or less than $201) | 6.5 | ||
| Emerging markets bond portfolio | $1,001 - $15,000 | None (or less than $201) | 6.6 | ||
| Corporate bond portfolio | $1,001 - $15,000 | None (or less than $201) | 6.7 | ||
| Earkick | $15,001 - $50,000 | None (or less than $201) | 7 | ||
| Gamma Diagnostic | $15,001 - $50,000 | None (or less than $201) | 8 | ||
| Alphabet, Inc. (GOOG) | $15,001 - $50,000 | None (or less than $201) | 9 | ||
| Amazon.com, Inc. (AMZN) | $15,001 - $50,000 | None (or less than $201) | 10 | ||
| Microsoft Corp. (MSFT) | $15,001 - $50,000 | None (or less than $201) | 11 | ||
| BlackRock, Inc. (BLK) | $15,001 - $50,000 | None (or less than $201) | 12 | ||
| Zedsen | $500K - $1M | None (or less than $201) | 13 |


