LSP CORPORATION (EIN 222827314) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

KENNETH MORRIS

Phone

7163661111

Tax Period

2023-01-01 to 2023-12-31

LSP CORPORATION, founded in 1988, is a micro nonprofit that reported $141 in total revenue in fiscal year 2023. Expenses of $70K exceeded revenue, resulting in a 49861% operating deficit.

Mission

PROVIDING SPACE FOR HEALTHCARE IN A RURAL AREA

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $141

TOTAL REVENUE $141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,445

Other Expenses $70,445

TOTAL EXPENSES $70,445

Year-over-Year Comparison

	2023	2022	Change
Revenue	$141	N/A	N/A
Expenses	$70,445	$72,137	0.0%
Net Income	$-70,304	$-72,137	0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER LANSKI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAMES WILD MD	CHAIRMAN ELECT	1.00	Officer Director	$0	$0	$0
LOUIS DIPALMA	TREASURER	1.00	Officer Director	$0	$0	$0
NATHAN ALDRICH	SECRETARY	1.00	Officer Director	$0	$0	$0
DANA ANDERSON MD	MEMBER	1.00	Director	$0	$0	$0
ANDY BURR	MEMBER	1.00	Director	$0	$0	$0
TIMOTHY COOPER	MEMBER	1.00	Director	$0	$0	$0
KEVIN KEARNS PHD	MEMBER	1.00	Director	$0	$0	$0
STEPHEN KOLISON JR PDH	MEMBER	1.00	Director	$0	$0	$0
KENNETH MORRIS	PRESIDENT/CEO	1.00	Officer	$0	$0	$0

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	No data	No data	No data	No data
2023	$141	$70,445	$541,415	$-70,304
2022	No data	$72,137	$567,295	No data
2021	No data	$73,428	$600,455	No data
2020	$4,524	$78,135	$635,349	$-73,611
2019	$44,388	$79,597	$666,516	$-35,209
2018	$63,984	$83,722	$693,095	$-19,738

LSP CORPORATION