LSP ASSOCIATION INC

EIN: 043186859

BELMONT, MA

Total Revenue
$618,100
Total Expenses
$567,584
Total Assets
$1,200,960
Net Assets
$1,092,462
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
AMY ROTH
Phone
6179774304
Tax Period
2024-07-01 to 2025-06-30

LSP ASSOCIATION INC, founded in 1993, is a small nonprofit that reported $618K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $568K left a modest 8% surplus.

Mission

THE LSP ASSOCIATION, INC.'S (LSPA'S) MISSION IS TO SUPPORT OUR MEMBERSHIP IN ACHIEVING AND MAINTAINING A HIGH STANDARD OF PRACTICE IN THE ASSESSMENT AND REMEDIATION OF SITES IN MASSACHUSETTS CONTAMINATED WITH OIL AND/OR HAZARDOUS MATERIALS. THE LSPA PROVIDES TECHNICAL, INFORMATIONAL, EDUCATIONAL, AND COMMUNICATIONS RESOURCES TO OUR MEMBERSHIP, FROM EARLY CAREER PROFESSIONALS TO EXPERIENCED LICENSED SITE PROFESSIONALS (LSPS). THE LSPA ALSO SERVES AS AN ADVOCATE IN COMMUNICATING WITH MASSDEP, THE LSP BOARD OF REGISTRATION, AND THE STATE LEGISLATURE, AND AS A RESOURCE TO THE GENERAL PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,966
Program Service Revenue $554,890
Investment Income $57,244
Other Revenue $0
TOTAL REVENUE $618,100

Expense Breakdown

Grants Paid $1,112
Salaries & Benefits $340,325
Fundraising Expenses $0
Other Expenses $226,147
TOTAL EXPENSES $567,584

Year-over-Year Comparison

2024 2023 Change
Revenue $618,100 $548,149 +0.1%
Expenses $567,584 $626,875 -0.1%
Net Income $50,516 $-78,726 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
26

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE DILAWARI DIRECTOR 1.00
Director
$0 $0 $0
LARS ANDRESEN DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE KUDZMA PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
AMY ROTH TREASURER 4.00
Officer Director
$0 $0 $0
CHARLES YOUNG PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH ROMAN PRESIDENT 4.00
Officer Director
$0 $0 $0
CRISTA TRAPP CLERK 4.00
Officer Director
$0 $0 $0
LORI MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN BATOR DIRECTOR 1.00
Director
$0 $0 $0
MARIELLEN MORRIS EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
WENDY RUNDLE FORMER EXECUTIVE DIRECTOR 40.00
$118,062 $0 $118,062
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $618,100 $567,584 $1,200,960 $50,516
2024 $548,149 $626,875 $1,097,042 $-78,726
2023 $614,920 $579,283 $1,122,101 $35,637
2022 $497,914 $396,187 $1,030,688 $101,727
2021 $554,129 $356,060 $1,050,297 $198,069
2020 $447,955 $440,403 $714,924 $7,552
2019 $524,498 $484,152 $684,499 $40,346
2018 $481,888 $432,042 $644,782 $49,846
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