Lsa Management Inc
Lsa Management Inc. shows consistent revenue growth and maintains a healthy financial surplus with no reported officer compensation.
EIN: 201457236 · Salisbury, NC · Updated: 2026-03-28
Is Lsa Management Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lsa Management Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lsa Management Inc
Lsa Management Inc (EIN: 201457236) is a nonprofit organization based in Salisbury, NC. The organization reported total revenue of $17.4M and total assets of $183.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lsa Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lsa Management Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.6M |
| Total Expenses | $9.8M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $177.2M |
| Total Liabilities | $165.4M |
| Net Assets | $11.8M |
| Operating Margin | 22.1% |
| Debt-to-Asset Ratio | 93.4% |
| Months of Reserves | 216.0 months |
Financial Health Grade: A
In 2023, Lsa Management Inc reported a surplus of $2.8M with revenue exceeding expenses, holds 216.0 months of operating reserves (strong position), has a debt-to-asset ratio of 93.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lsa Management Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +3.2% | +0.0% |
| 2022 | +21.0% | +10.6% | -1.6% |
| 2021 | +17.2% | +4.1% | +111.1% |
| 2020 | +38.4% | +13.2% | +8.8% |
| 2019 | +4.4% | +14.3% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lsa Management Inc 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lsa Management Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.4%.
Executive Compensation Analysis
Lsa Management Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally compensated leadership structure.
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 Lsa Management Inc's IRS 990 filings:
- High liabilities relative to assets, with liabilities often exceeding 90% of total assets (e.g., 2023: $165M liabilities vs $177M assets), which could indicate significant debt or obligations.
- NTEE code is unknown, which limits understanding of the organization's specific mission and programmatic focus.
Strengths
The following positive indicators were identified for Lsa Management Inc:
- Consistent revenue growth, from $4.7M in 2014 to $12.6M in 2023, demonstrating financial stability and increasing capacity.
- Consistent operating surplus, with revenues exceeding expenses in most years (e.g., 2023 revenue $12.6M vs expenses $9.8M), indicating sound financial management.
- 0% reported officer compensation across all filings, suggesting a strong commitment to mission and efficient use of funds.
- Significant asset growth, from $89.9M in 2014 to $177.1M in 2023, building a substantial resource base.
Frequently Asked Questions about Lsa Management Inc
Is Lsa Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lsa Management Inc (EIN: 201457236) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Lsa Management Inc spend its money?
Lsa Management Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lsa Management Inc tax-deductible?
Lsa Management Inc is registered as a tax-exempt nonprofit (EIN: 201457236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lsa Management Inc. a good charity?
Based on the available financial data, Lsa Management Inc. appears to be a financially sound organization with consistent revenue growth and a healthy surplus. The absence of reported officer compensation is a significant positive indicator of mission focus and efficient resource allocation. However, without program spending details, a full assessment of 'goodness' is limited.
How has Lsa Management Inc.'s financial health changed over time?
Lsa Management Inc. has shown strong financial growth over the past decade. Revenue has more than doubled from $4.7 million in 2014 to $12.6 million in 2023, and assets have nearly doubled from $89.9 million to $177.1 million in the same period. The organization has consistently managed to operate with a surplus, indicating improving financial health.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership may be entirely volunteer-based, compensated through a related entity, or that the compensation structure is not captured under 'officer compensation' in a typical manner. This is a highly unusual and positive indicator for donors concerned about executive pay.
Filing History
IRS 990 filing history for Lsa Management Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lsa Management Inc's revenue has grown by 276.4%, moving from $3.4M to $12.6M. Total assets increased by 2144.1% over the same period, from $7.9M to $177.2M. Total functional expenses rose by 257.9%, from $2.7M to $9.8M. In its most recent filing year (2023), Lsa Management Inc reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $165.4M in liabilities against $177.2M in assets (debt-to-asset ratio: 93.4%), resulting in net assets of $11.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.6M | $9.8M | $177.2M | $165.4M | — | View 990 |
| 2022 | $12.8M | $9.5M | $177.1M | $168.2M | — | View 990 |
| 2021 | $10.6M | $8.6M | $180.0M | $174.3M | — | View 990 |
| 2020 | $9.0M | $8.3M | $85.3M | $81.8M | — | — |
| 2019 | $6.5M | $7.3M | $78.4M | $75.5M | — | View 990 |
| 2018 | $6.3M | $6.4M | $81.9M | $78.0M | — | View 990 |
| 2017 | $4.4M | $5.6M | $83.6M | $80.1M | — | View 990 |
| 2016 | $4.6M | $5.2M | $86.7M | $82.8M | — | View 990 |
| 2015 | $4.7M | $4.7M | $89.2M | $84.9M | — | View 990 |
| 2014 | $4.8M | $4.6M | $89.9M | $85.2M | — | View 990 |
| 2013 | $3.9M | $3.7M | $81.5M | $77.1M | — | View 990 |
| 2012 | $3.5M | $3.4M | $49.8M | $46.7M | — | View 990 |
| 2011 | $3.4M | $2.7M | $7.9M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.6M, expenses of $9.8M, and assets of $177.2M (revenue -1.5% year-over-year).
- 2022: Revenue of $12.8M, expenses of $9.5M, and assets of $177.1M (revenue +21.0% year-over-year).
- 2021: Revenue of $10.6M, expenses of $8.6M, and assets of $180.0M (revenue +17.2% year-over-year).
- 2020: Revenue of $9.0M, expenses of $8.3M, and assets of $85.3M (revenue +38.4% year-over-year).
- 2019: Revenue of $6.5M, expenses of $7.3M, and assets of $78.4M (revenue +4.4% year-over-year).
- 2018: Revenue of $6.3M, expenses of $6.4M, and assets of $81.9M (revenue +42.8% year-over-year).
- 2017: Revenue of $4.4M, expenses of $5.6M, and assets of $83.6M (revenue -4.2% year-over-year).
- 2016: Revenue of $4.6M, expenses of $5.2M, and assets of $86.7M (revenue -1.7% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.7M, and assets of $89.2M (revenue -2.5% year-over-year).
- 2014: Revenue of $4.8M, expenses of $4.6M, and assets of $89.9M (revenue +23.8% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.7M, and assets of $81.5M (revenue +10.2% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $49.8M (revenue +4.3% year-over-year).
- 2011: Revenue of $3.4M, expenses of $2.7M, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lsa Management Inc:
Data Sources and Methodology
This transparency report for Lsa Management Inc 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.