LIFE SCIENCES TRAINERS & EDUCATORS NETWORK

EIN: 203641423 501(c)(3) Health Care

ROANOKE, VA

Total Revenue
$4,177,124
Total Expenses
$3,785,844
Total Assets
$5,758,916
Net Assets
$4,160,777
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
LAURA LAST
Phone
8002742674
Tax Period
2024-01-01 to 2024-12-31

LIFE SCIENCES TRAINERS & EDUCATORS NETWORK, founded in 2005, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2018.

Mission

TO ADVANCE PROFESSIONAL TRAINING IN THE LIFE SCIENCE INDUSTRY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $315,315
Program Service Revenue $3,592,928
Investment Income $268,881
Other Revenue $0
TOTAL REVENUE $4,177,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $698,104
Fundraising Expenses $34,905
Program Expenses $2,891,483
Other Expenses $3,087,740
TOTAL EXPENSES $3,785,844

Year-over-Year Comparison

2024 2023 Change
Revenue $4,177,124 $3,730,743 +0.1%
Expenses $3,785,844 $3,653,352 +0.0%
Net Income $391,280 $77,391 +4.1%
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
19
Independent Members
19
Employees
5
Volunteers
40

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
5
$207,388
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG ADAMSON PRESIDENT 0.50
Officer Director
$0 $0 $0
JEFFREY HARTZLER VICE PRESIDE 0.50
Officer Director
$0 $0 $0
LAURA LAST VICE PRESIDE 0.50
Officer Director
$0 $0 $0
JENNIFER BRYAN TREASURER 0.50
Officer Director
$0 $0 $0
HECTOR BAEZA DIRECTOR 0.50
Director
$0 $0 $0
KRISTY CALLAHAN DIRECTOR 0.50
Director
$0 $0 $0
MANI CHIDAMBARAM DIRECTOR 0.50
Director
$0 $0 $0
AMITY CUTAIA DIRECTOR 0.50
Director
$0 $0 $0
BRIAN GROVES DIRECTOR 0.50
Director
$0 $0 $0
IAN KELLY DIRECTOR 0.50
Director
$0 $0 $0
CHARLIE KIRK DIRECTOR 0.50
Director
$0 $0 $0
JESSICA KNOX DIRECTOR 0.50
Director
$0 $0 $0
MELISSA LOWE DIRECTOR 0.50
Director
$0 $0 $0
SHAUN MCMAHON DIRECTOR 0.50
Director
$0 $0 $0
COURTNEY MILLER DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER MUSZIK DIRECTOR 0.50
Director
$0 $0 $0
JIM PAGE DIRECTOR 0.50
Director
$0 $0 $0
TED POWER DIRECTOR 0.50
Director
$0 $0 $0
RICHARD SAMPSON DIRECTOR 0.50
Director
$0 $0 $0
LAUREN HARBERT EXECUTIVE DI 40.00
Officer
$202,252 $5,136 $207,388
NANNETTE NOLAN MARKETING 40.00
Highest
$121,232 $13,319 $134,551
TIM SOSBE EDITORIAL DI 40.00
Highest
$132,515 $9,956 $142,471
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 $4,177,124 $3,785,844 $5,758,916 $391,280
2023 $3,730,743 $3,653,352 $4,865,778 $77,391
2022 $3,016,805 $3,188,057 $5,100,898 $-171,252
2021 $2,590,062 $2,732,400 $5,475,280 $-142,338
2020 $1,781,581 $1,850,155 $5,002,847 $-68,574
2019 $3,268,472 $3,160,642 $5,238,660 $107,830
2018 $2,828,460 $2,824,672 $4,766,447 $3,788
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