Civic Intelligence

Lsp Association Inc

990 • Fiscal year 2016 • EIN 04-3186859

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 01, 2017

405 Concord Ave Box 352Belmont, MA 02478

(617) 977-4304

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.20x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

68th percentile

0.19x

Higher debt load relative to revenue than 68% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

21st percentile

-4.8%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

64th percentile

$91,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

23rd percentile

-5.3%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-11%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$493,172

Down $27,806 (-5.3%) from 2015

Net Assets

Down

$396,079

Down $24,489 (-5.8%) from 2015

Liabilities

Down

$97,093

Down $3,317 (-3.3%) from 2015

Revenue

Down

$504,626

Down $64,741 (-11%) from 2015

Expenses

Down

$529,017

Down $61,476 (-10%) from 2015

Net Income

Down

-$24,391

Down $3,265 (-15%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $543,817Liabilities 2011: $96,021Net Assets 2011: $447,7962011Assets 2012: $547,607Liabilities 2012: $82,110Net Assets 2012: $465,4972012Assets 2013: $550,939Liabilities 2013: $97,554Net Assets 2013: $453,3852013Assets 2014: $567,903Liabilities 2014: $113,973Net Assets 2014: $453,9302014Assets 2015: $520,978Liabilities 2015: $100,410Net Assets 2015: $420,5682015Assets 2016: $493,172Liabilities 2016: $97,093Net Assets 2016: $396,0792016Assets 2017: $574,158Liabilities 2017: $65,725Net Assets 2017: $508,4332017Assets 2018: $644,782Liabilities 2018: $62,388Net Assets 2018: $582,3942018Assets 2019: $684,499Liabilities 2019: $60,089Net Assets 2019: $624,4102019Assets 2020: $714,924Liabilities 2020: $73,887Net Assets 2020: $641,0372020Assets 2021: $1,050,297Liabilities 2021: $97,357Net Assets 2021: $952,9402021Assets 2022: $1,030,688Liabilities 2022: $94,999Net Assets 2022: $935,6892022Assets 2023: $1,122,101Liabilities 2023: $103,088Net Assets 2023: $1,019,0132023Assets 2024: $1,097,042Liabilities 2024: $95,337Net Assets 2024: $1,001,7052024Assets 2025: $1,200,960Liabilities 2025: $108,498Net Assets 2025: $1,092,4622025

Highlighted filing

2016

Assets$493,172
Liabilities$97,093
Net Assets$396,079

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $476,986Expenses 2011: $491,237Net Income 2011: -$14,2512011Revenue 2012: $493,504Expenses 2012: $475,839Net Income 2012: $17,6652012Revenue 2013: $543,926Expenses 2013: $552,183Net Income 2013: -$8,2572013Revenue 2014: $572,647Expenses 2014: $577,091Net Income 2014: -$4,4442014Revenue 2015: $569,367Expenses 2015: $590,493Net Income 2015: -$21,1262015Revenue 2016: $504,626Expenses 2016: $529,017Net Income 2016: -$24,3912016Revenue 2017: $532,705Expenses 2017: $420,351Net Income 2017: $112,3542017Revenue 2018: $481,888Expenses 2018: $432,042Net Income 2018: $49,8462018Revenue 2019: $524,498Expenses 2019: $484,152Net Income 2019: $40,3462019Revenue 2020: $447,955Expenses 2020: $440,403Net Income 2020: $7,5522020Revenue 2021: $554,129Expenses 2021: $356,060Net Income 2021: $198,0692021Revenue 2022: $497,914Expenses 2022: $396,187Net Income 2022: $101,7272022Revenue 2023: $614,920Expenses 2023: $579,283Net Income 2023: $35,6372023Revenue 2024: $548,149Expenses 2024: $626,875Net Income 2024: -$78,7262024Revenue 2025: $618,100Expenses 2025: $567,584Net Income 2025: $50,5162025

Highlighted filing

2016

Revenue$504,626
Expenses$529,017
Net Income-$24,391
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 1, 2017
Return Version
2015v3.0
Gross Receipts
$504,626
Mission and Program Overview

Mission

See Schedule O, Statement 1 for the LSPA's mission

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$474,115$438,757▼ $35,358
Cash and Non-Interest-Bearing Accounts$39,868$47,724▲ $7,856
Receivables From Officers Etc$0$4,425▲ $4,425
Prepaid Expenses and Deferred Charges$2,417$0▼ $2,417
Savings and Temporary Cash Investments$4,578$2,078▼ $2,500
Accounts Receivable$0$188▲ $188
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0--
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0--
Loans From Officers Directors$0$0→ $0
Total Assets$520,978$493,172▼ $27,806
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$58,628$67,432▲ $8,804
Accounts Payable and Accrued Expenses$36,026$29,661▼ $6,365
Other Liabilities$5,756$0▼ $5,756
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$100,410$97,093▼ $3,317
Net Assets / Fund Balance
Unrestricted Net Assets$420,568$396,079▼ $24,489
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$420,568$396,079▼ $24,489
Total Liabilities and Net Assets / Fund Balance$520,978$493,172▼ $27,806

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$110,216$0▼ $7,271$0$102,945
2014$105,003$0▲ $5,213$0$110,216
2013$105,139$0▼ $136$0$105,003
2012$103,304$0▲ $1,835$0$105,139
2011$100,902$0▲ $2,401$0$103,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wendy RundleExecutive DirectorPT$91,000$91,000

Board Members and Trustees

NameTitle
Kevin BeaulieuPresident
Michael PenzoPresident Elect
Cosmo GallinaroDirector
Matthew E HackmanDirector
Michael BillaDirector
Paul MckinlayDirector
Susan ObrienDirector
Jeanine GrachukClerk
Marilyn WadeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Virtual IncManagement services401 Edgewater Place, Suite 600, Wakefield, MA 01880$168,300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$504,484
Investment Income
$142
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-24,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$438,017
Salaries, Compensation, and Employee Benefits$91,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$196,026
Fees for Services Management---$168,300
Current Officers, Directors, Trustees, and Key Employees---$91,000
All Other Expenses---$22,891
Fees for Services Accounting---$14,060
Other Expenses---$10,625
Royalties---$4,172
Insurance---$876
Information Technology---$38
Fees for Services Legal---$19
Total Functional Expenses$0$0$0$529,017
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$0$4,425▲ $4,425
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has delegated its administrative, financial, and membership duties to Virtual, Inc, an association management company.

Form 990, Part VI, Section A, Line 6

The association, with 850 members, has two levels of membership - full and associate. The association category includes discounted membership for non-profit or government employees, students and job-seekers. Membership benefits include continuing education and training courses, monthly membership meetings, access to technical and other information on the member-only portion of the LSPA website, opportunities to provide input to policy and legislation, professional development and networking

Form 990, Part VI, Section A, Line 7A

All LSPA members are eligible to vote to elect candidates to the LSPA Board

Form 990, Part VI, Section B, Line 11B

The treasurer and executive director review the Form 990 and inform all 9 members of the LSPA Board that they have done so, and that the form is available for their review. The treasurer (or president) then signs the form. A copy of the filed Form 990 is kept by the executive director and the LSPA administrative contractor, Virtual Inc.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, policies and financial statements available to the public upon request. The organization's tax return and financial statements are also available on GUIDESTAR COM

Form 990, Part VII, Section A, Line 1A

While her role meets the IRS definition of officer, Wendy Rundle, the LSPA Executive Director, is a contracted consultant, and not an employee

Filing and Contact Details

Filer

Filer Name
Lsp Association Inc
EIN
04-3186859
Phone
6179774304
Address
405 Concord Ave Box 352, Belmont, MA 02478

Signing Officer

Name
Michael Billa
Title
Treasurer
Phone
5087862368
Signed
2017-01-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Penzo President
Formed
1993
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
125

Preparer

Firm
Non Profit Capital Management LLC
Address
PO Box 211, Sterling, MA 01564
Preparer
Brian Kindorf
Phone
7819336726
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The mission statement of the LSP Association, Inc is to (1) help members to achieve and maintain a standard of practice commensurate with their level of responsibility in overseeing the assessment and remediation of hazardous waste disposal sites, (2) serve as the voice of the membership in communicating with MASSDEP and the LSP Board of Registration, (3) act as the responsible advocate for our membership with respect to regulations, policies, and practices that affect the LSP profession, (4) serve as an educational, informational and communications resource for members and the general public, and (5) provide members with a forum for a timely topics and professional issues, educational programs, and technical and professional information.

Form 990, Part III, Line 1

The mission statement of the LSP Association, Inc is to (1) help members to achieve and maintain a standard of practice commensurate with their level of responsibility in overseeing the assessment and remediation of hazardous waste disposal sites, (2) serve as the voice of the membership in communicating with MASSDEP and the LSP Board of Registration, (3) act as the responsible advocate for our membership with respect to regulations, policies, and practices that affect the LSP profession, (4) serve as an educational, informational and communications resource for members and the general public, and (5) provide members with a forum for a timely topics and professional issues, educational programs, and technical and professional information.

Form 990, Part XII, Line 2C

The Association's Board of Directors is charged with the selection of an independent audit firm and review and approval of the audit as they decide is needed

Financial Statement Notes

Schedule D, Part V, Line 4

To fund grants to LSPA members to further the practices of LSPs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0474115
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0438757
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See Schedule O, Statement 1 for the LSPA's mission
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0420568
IRS990/NetAssetsOrFundBalancesEOYAmt0396079
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-98
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bank and credit card fee
IRS990/OtherExpensesGrp/Desc1Web Hosting
IRS990/OtherExpensesGrp/Desc2Admin Office Costs
IRS990/OtherExpensesGrp/TotalAmt017382
IRS990/OtherExpensesGrp/TotalAmt13628
IRS990/OtherExpensesGrp/TotalAmt210625
IRS990/OtherLiabilitiesGrp/BOYAmt05756
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02417
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Michael Penzo President
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Seminar Fees
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc2Sponsorship Income
IRS990/ProgramServiceRevenueGrp/Desc3Meeting Income
IRS990/ProgramServiceRevenueGrp/Desc4Other
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0283316
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt258125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt333255
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0283316
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1125838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt258125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43950
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt04250
IRS990/PYInvestmentIncomeAmt027934
IRS990/PYOtherExpensesAmt0494954
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0541433
IRS990/PYRevenuesLessExpensesAmt0-21126
IRS990/PYSalariesCompEmpBnftPaidAmt091289
IRS990/PYTotalExpensesAmt0590493
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0569367
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt04425
IRS990/ReconcilationRevenueExpnssAmt0-24391
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt04172
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04578
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02078
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0110216
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0102945
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-7271
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0105003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0110216
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05213
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0105139
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0105003
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-136
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0103304
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0105139
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01835
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0100902
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0103303
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02401
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0To fund grants to LSPA members to further the practices of LSPs.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The mission statement of the LSP Association, Inc is to (1) help members to achieve and maintain a standard of practice commensurate with their level of responsibility in overseeing the assessment and remediation of hazardous waste disposal sites, (2) serve as the voice of the membership in communicating with MASSDEP and the LSP Board of Registration, (3) act as the responsible advocate for our membership with respect to regulations, policies, and practices that affect the LSP profession, (4) serve as an educational, informational and communications resource for members and the general public, and (5) provide members with a forum for a timely topics and professional issues, educational programs, and technical and professional information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The mission statement of the LSP Association, Inc is to (1) help members to achieve and maintain a standard of practice commensurate with their level of responsibility in overseeing the assessment and remediation of hazardous waste disposal sites, (2) serve as the voice of the membership in communicating with MASSDEP and the LSP Board of Registration, (3) act as the responsible advocate for our membership with respect to regulations, policies, and practices that affect the LSP profession, (4) serve as an educational, informational and communications resource for members and the general public, and (5) provide members with a forum for a timely topics and professional issues, educational programs, and technical and professional information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has delegated its administrative, financial, and membership duties to Virtual, Inc, an association management company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The association, with 850 members, has two levels of membership - full and associate. The association category includes discounted membership for non-profit or government employees, students and job-seekers. Membership benefits include continuing education and training courses, monthly membership meetings, access to technical and other information on the member-only portion of the LSPA website, opportunities to provide input to policy and legislation, professional development and networking
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All LSPA members are eligible to vote to elect candidates to the LSPA Board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The treasurer and executive director review the Form 990 and inform all 9 members of the LSPA Board that they have done so, and that the form is available for their review. The treasurer (or president) then signs the form. A copy of the filed Form 990 is kept by the executive director and the LSPA administrative contractor, Virtual Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes its governing documents, policies and financial statements available to the public upon request. The organization's tax return and financial statements are also available on GUIDESTAR COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7While her role meets the IRS definition of officer, Wendy Rundle, the LSPA Executive Director, is a contracted consultant, and not an employee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Association's Board of Directors is charged with the selection of an independent audit firm and review and approval of the audit as they decide is needed
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, Line 7a

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.11$1.09$0.62$0.57$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.10$1.00$0.55$0.63$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.10$1.02$0.61$0.58$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.09$0.94$0.50$0.40$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.10$0.95$0.55$0.36$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.07$0.64$0.45$0.44$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.06$0.62$0.52$0.48$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.06$0.58$0.48$0.43$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.07$0.51$0.53$0.42$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.40$0.50$0.53$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.10$0.42$0.57$0.59$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.11$0.45$0.57$0.58$0.00
2013Summary only. Only limited summary data is available for this year.$0.55$0.10$0.45$0.54$0.55$0.01
2012Summary only. Only limited summary data is available for this year.$0.55$0.08$0.47$0.49$0.48$0.02
2011Summary only. Only limited summary data is available for this year.$0.54$0.10$0.45$0.48$0.49$0.01