2025-09-25T09:38:43-05:00 2024-12-31 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2024-01-01 611341364 INTERNATIONAL SPA ASSOCIATION FOUNDATION INTE 8592264326 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 LYNNE WALKER MCNEES PRESIDENT 8592264326 2025-09-25 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2024 2025-03-06 01:10:19Z LYNNE WALKER MCNEES 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 459984 0 X HTTPS://EXPERIENCEISPA.COM/ABOUT/ISPA-FOUNDATION X 1999 MD TO SERVE THE EDUCATIONAL AND RESEARCH NEEDS OF THE SPA INDUSTRY. 7 7 0 0 0 0 388116 315886 0 0 8 8 -192316 -139257 195808 176637 0 0 0 0 0 0 0 0 100013 105490 107048 105490 107048 90318 69589 84083 154074 168 570 83915 153504 TO SERVE THE EDUCATIONAL AND RESEARCH NEEDS OF THE SPA INDUSTRY. 0 0 TO SERVE THE EDUCATIONAL AND RESEARCH NEEDS OF THE SPA INDUSTRY.RESEARCH EXPENSE - BY CONDUCTING ANNUAL RESEARCH ON BOTH INDUSTRY AND CONSUMER LEVEL, THE INTERNATIONAL SPA ASSOCIATION IS ABLE TO PROVIDE VALUABLE DATA FOR THE SPA INDUSTRY. THE ANNUAL RESEARCH HELPS ISPA KEEP ITS FINGER ON THE PULSE OF THE INDUSTRY BY MONITORING KEY PERFORMANCE METRICS AND IDENTIFYING EMERGING INDUSTRY TRENDS, AS WELL AS CAPTURING DATA ON CONSUMER CHOICES AND THE CONSUMERS' OVERALL PERCEPTIONS OF THE SPA INDUSTRY. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 KY X X ASSOCIATIONS INTERNATIONAL LLC 8592264326 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 X TODD SHAW CHAIR AND BOARD MEMBER 1.00 0.50 X X 0 0 0 ELLA KENT VICE CHAIR 1.00 1.00 X X 0 0 0 KELLEYE MARTIN BOARD MEMBER 1.00 1.00 X 0 0 0 LYNNE WALKER MCNEES BOARD MEMBER 1.00 40.00 X 0 0 0 FRANK PITSIKALIS IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 DEBORAH SZEKELY HONORARY BOARD MEMBER 1.00 1.00 X 0 0 0 JENNIFER HOLZWORTH BOARD MEMBER 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1521 293165 21200 273965 315886 8 8 144090 293165 283347 -139257 -139257 176637 0 0 -139249 X 1863 1863 100013 100013 BANK SERVICE CHARGES 5172 5172 107048 0 7035 100013 78903 149384 4680 4680 500 10 84083 154074 168 570 168 570 X 68648 138229 15267 15275 83915 153504 84083 154074 69589 0 X X 0 1 X 1 0 X 111725 11100 318704 536562 459976 1438067 111725 11100 318704 536562 459976 1438067 1438067 8 4 8 8 8 36 1438103 8000 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO ISPA ASSOCIATION 570 570 X 459983 283346 283346 176637 0 176637 390394 283346 283346 107048 0 107048 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE CONTEXT OF SECTION 509(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY ISPA AND RECOGNIZE A TAX LIABILITY IF ISPA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY ISPA, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ISPA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. ISPA HAS FILED ITS FEDERAL INFORMATION RETURNS FOR THE CURRENT PERIOD. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 283,346. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 283,346. SILENT AUCTION 437255 293165 144090 273965 9382 437255 293165 144090 273965 9382 283347 -139257 X 4 1375 FMV X TRAVEL & EXPERIENCES 77 185162 FMV X BEAUTY & WELLNESS 75 39567 FMV X FITNESS & SPA EQUIPMENT 34 29279 FMV X HOME & DECOR 9 9448 FMV X FASHION & ACCESSORIES 15 6136 FMV X TECHNOLOGY 3 2998 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE INTERNATIONAL SPA ASSOCIATION (THE PARENT ORGANIZATION) PAYS ASSOCIATIONS INTERNATIONAL, LLC (AI) MANAGEMENT FEES TO PERFORM AN AGREED UPON LIST OF SERVICES. AI PERFORMS MANAGEMENT DUTIES OF ISPA, INCLUDING FINANCIAL MANAGEMENT, LEADERSHIP, FUNDRAISING, MARKETING, AND OTHER MANAGEMENT SERVICES. IT IS ASSOCIATIONS INTERNATIONAL, LLC'S RESPONSIBILITY TO HIRE EMPLOYEES AND DETERMINE COMPENSATION. ISPA IS NOT PRIVY TO THIS EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND AI. A COPY OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE PRIOR TO FILING AND IS PROVIDED TO THE BOARD SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS STATED IN THE BOARD LEADERSHIP GUIDE WHICH IS REVIEWED BY THE BOARD EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE MANAGEMENT COMPANY (AI), IN CONTRACT WITH THE ASSOCIATION, HAS THE FULL POWER, AUTHORITY AND RESPONSIBILITY TO EMPLOY, TRAIN, SUPERVISE, EVALUATE, AND DISCHARGE STAFF. ALL WAGES, COMPENSATION, AND BENEFITS PROVIDED TO STAFF ARE DETERMINED BY AI AND ARE BASED ON QUALIFICATIONS AND JOB PERFORMANCE ASSESSED ANNUALLY. AI MONITORS AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES INDUSTRY MEDIANS FOR TRADE ASSOCIATION COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 FORMS 990 AND 1023 ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND AT THE DISCRETION OF THE BOARD. FORM 990, PART IX, LINE 11G INDUSTRY STUDY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 100,013. TOTAL EXPENSES 100,013. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTS THE INDEPENDENT AUDITOR. THIS PROCESS IS UNCHANGED FROM THE PREVIOUS YEAR. INTERNATIONAL SPA ASSOCIATION 2365 HARRODSBURG ROAD SUITE A325 LEXINGTON KY 40504 521733203 ADVANCE THE SPA INDUSTRY DC 501(C)(6) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 INTERNATIONAL SPA ASSOCIATION E 570 CASH