THE LABORATORY SAFETY INSTITUTE INC (EIN 043210285) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

STEPHEN TAYLOR

Phone

5086471900

Tax Period

2024-01-01 to 2024-12-31

THE LABORATORY SAFETY INSTITUTE INC, founded in 1994, is a small nonprofit in the Education sector that reported $496K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $595K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROMOTE LABORATORY SAFETY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $68,758

Program Service Revenue $425,521

Investment Income $534

Other Revenue $941

TOTAL REVENUE $495,754

Expense Breakdown

Grants Paid $0

Salaries & Benefits $432,095

Fundraising Expenses $39,930

Program Expenses $408,694

Other Expenses $162,832

TOTAL EXPENSES $594,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$495,754	$382,323	+0.3%
Expenses	$594,927	$513,431	+0.2%
Net Income	$-99,173	$-131,108	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$205,020

Total Directors

$103,665

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN TAYLOR	PRESIDENT	40.00	Officer Director	$95,096	$1,294	$96,390
TIM BARTON	CHAIRMAN	2.00	Officer Director	$7,275	$0	$7,275
LOU DIBERARDINIS	DIRECTOR	2.00	Director	$0	$0	$0
JACYLYN GRAVES GOLD	DIRECTOR	2.00	Director	$0	$0	$0
ANNE HAWKINS-BADGE	CLERK	2.00	Officer Director	$0	$0	$0
NATHAN WATSON	TREASURER	2.00	Officer Director	$0	$0	$0
RAJEEV SANTHAPPA	PAST PRESIDENT	40.00	Officer	$93,523	$7,832	$101,355

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
2024	$495,754	$594,927	$51,361	$-99,173
2023	$382,323	$513,431	$139,916	$-131,108
2022	$574,699	$508,837	$300,475	$65,862
2021	$471,727	$356,361	$273,538	$115,366
2020	$319,238	$415,120	$188,595	$-95,882
2019	$477,752	$476,367	$258,951	$1,385
2018	$405,071	$458,151	$250,363	$-53,080

THE LABORATORY SAFETY INSTITUTE INC