Lsp Association Scholarship Fundinc
- Assets
- $111.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marbelhead, MA
- Founding
- 06/2006
- Data as of
- 06/2024
- EIN
- 20-4948508
Organization Overview
Lsp Association Scholarship Fundinc is located in Marbelhead, MA. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lsp Association Scholarship Fundinc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Lsp Association Scholarship Fundinc generated $42.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $20.8k during the year ending 06/2024. While expenses have increased by 2.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL SCHOLARSHIPS FOR QUALIFIED STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Andrew Irwin Treasurer | 1 | $0 | |
William Betters President & Assistant Cler | 2 | $0 | |
Lawrence Feldman Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,831 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,983 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,920 |
| Other Revenue | $0 |
| Total Revenue | $42,734 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,427 |
| Other expenses | $0 |
| Total expenses | $20,827 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,178 |
| Other assets | $0 |
| Total assets | $111,178 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,178 |