Life Sciences Trainers & Educators

Life Sciences Trainers & Educators consistently maintains operational surpluses and growing assets.

EIN: 203641423 · Roanoke, VA · NTEE: E03 · Updated: 2026-03-28

$6.0MRevenue
$4.2MGross Revenue
$5.8MAssets
85/100Mission Score (Excellent)
E03

Is Life Sciences Trainers & Educators Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Life Sciences Trainers & Educators directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Life Sciences Trainers & Educators

Life Sciences Trainers & Educators (EIN: 203641423) is a nonprofit organization based in Roanoke, VA, classified under NTEE code E03. The organization reported total revenue of $6.0M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Sciences Trainers & Educators's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Life Sciences Trainers & Educators is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$3.7M
Surplus / Deficit+$77K
Total Assets$4.9M
Total Liabilities$1.2M
Net Assets$3.7M
Operating Margin2.1%
Debt-to-Asset Ratio24.0%
Months of Reserves16.0 months

Financial Health Grade: A

In 2023, Life Sciences Trainers & Educators reported a surplus of $77K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.0% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Life Sciences Trainers & Educators's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+23.7%+14.6%-4.6%
2022+16.5%+16.7%-6.8%
2021+45.4%+47.7%+9.4%
2020-45.5%-41.5%-4.5%
2019+15.6%+11.9%+9.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Life Sciences Trainers & Educators (LSTE) demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in 2023, revenue was $3,730,743 against expenses of $3,653,352, resulting in a surplus. The organization's assets have grown from $3,247,159 in 2014 to $4,865,778 in 2023, indicating sound financial management and accumulation of reserves. The liabilities, while fluctuating, remain manageable relative to assets, suggesting a stable financial position. Regarding spending efficiency, without detailed functional expense breakdowns, it's challenging to precisely determine program versus administrative spending. However, the consistent operational surpluses suggest that the organization is managing its expenses effectively within its revenue streams. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a lean executive cost model or that compensation is reported differently within other expense categories. Further transparency on functional expenses would enhance the assessment of spending efficiency. Overall, LSTE appears to be a financially stable organization with a history of responsible fiscal management. The growth in assets and consistent positive net income (revenue minus expenses) in most years point to a well-managed entity. To further improve transparency, a more detailed breakdown of program, administrative, and fundraising expenses would be beneficial for external stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Life Sciences Trainers & Educators with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Life Sciences Trainers & Educators allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.7MTotal Revenue
$3.7MTotal Expenses
$4.9MTotal Assets
$1.2MTotal Liabilities
$3.7MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues reaching nearly $6 million. This suggests that executive compensation may be embedded within other expense categories or that the organization operates with a volunteer-based executive leadership structure, which would be highly efficient.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Life Sciences Trainers & Educators's IRS 990 filings:

Strengths

The following positive indicators were identified for Life Sciences Trainers & Educators:

Frequently Asked Questions about Life Sciences Trainers & Educators

Is Life Sciences Trainers & Educators a legitimate charity?

Based on AI analysis of IRS 990 filings, Life Sciences Trainers & Educators (EIN: 203641423) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Life Sciences Trainers & Educators spend its money?

Life Sciences Trainers & Educators directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Life Sciences Trainers & Educators tax-deductible?

Life Sciences Trainers & Educators is registered as a tax-exempt nonprofit (EIN: 203641423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Life Sciences Trainers & Educators manage to report 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines, such as salaries and wages for program or administrative staff, rather than explicitly as 'officer compensation'.

What is the organization's strategy for asset growth?

Life Sciences Trainers & Educators has shown consistent asset growth, from $3,247,159 in 2014 to $4,865,778 in 2023. This growth appears to be driven by consistent operational surpluses, where revenues have generally exceeded expenses, allowing the organization to build reserves and invest in its future.

What is the breakdown of program versus administrative expenses?

Without a detailed functional expense breakdown from the IRS Form 990, it is not possible to provide exact percentages for program versus administrative expenses. However, the consistent operational surpluses suggest a generally efficient allocation of resources.

Filing History

IRS 990 filing history for Life Sciences Trainers & Educators showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Life Sciences Trainers & Educators's revenue has grown by 121.7%, moving from $1.7M to $3.7M. Total assets increased by 36.4% over the same period, from $3.6M to $4.9M. Total functional expenses rose by 107%, from $1.8M to $3.7M. In its most recent filing year (2023), Life Sciences Trainers & Educators reported a surplus of $77K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $4.9M in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $3.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.7M $3.7M $4.9M $1.2M View 990
2022 $3.0M $3.2M $5.1M $1.8M View 990
2021 $2.6M $2.7M $5.5M $1.6M View 990
2020 $1.8M $1.9M $5.0M $1.1M View 990
2019 $3.3M $3.2M $5.2M $1.4M View 990
2018 $2.8M $2.8M $4.8M $1.5M View 990
2017 $2.7M $2.6M $4.9M $1.3M
2016 $2.6M $2.5M $4.3M $1.1M View 990
2015 $2.4M $2.2M $3.6M $681K View 990
2014 $2.5M $2.6M $3.2M $463K View 990
2013 $2.1M $2.7M $3.6M $340K View 990
2012 $2.0M $1.8M $4.0M $338K View 990
2011 $1.7M $1.8M $3.6M $294K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Life Sciences Trainers & Educators is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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