LABORATORY SCIENCE INSTITUTE (EIN 800395766) - 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

2010

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

LABORATORY SCIENCE INSTITUTE, founded in 2010, is a small nonprofit in the Education sector that reported $121K in total revenue in fiscal year 2022. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 19% operating margin.

Mission

The mission of the Laboratory Science Institute is to support testing laboratories involved with public health and safety; to provide opportunities for STEM education projects and programs; and to promote research into laboratory sampling and testing methodologies.

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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 (2022)

Revenue Breakdown

Contributions & Grants $120,000

Program Service Revenue $0

Investment Income $0

Other Revenue $1,018

TOTAL REVENUE $121,018

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,000

Other Expenses $87,491

TOTAL EXPENSES $97,491

Year-over-Year Comparison

	2022	2021	Change
Revenue	$121,018	$221,991	-0.5%
Expenses	$97,491	$84,728	+0.2%
Net Income	$23,527	$137,263	-0.8%

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

N/A

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
Stephen W Vincent	Director	20.00	Officer	$0	$0	$0
Katie Sanderson	officer	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
2022	$121,018	$97,491	$104,541	$23,527
2021	$221,991	$164,878	$81,014	$57,113

LABORATORY SCIENCE INSTITUTE