Nonprofit · EIN 20-4948508
LSP ASSOCIATION SCHOLARSHIP FUNDINC
Tax-exempt · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $29,193 | $19,977 | $9,216 | $120,394 | $0 | $120,394 |
| June 30, 2024 | 990-EZ | $42,734 | $20,827 | $21,907 | $111,178 | $0 | $111,178 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,179
- Investment income
- $3,697
- Net income from fundraising events
- $22,317
Expenses
- Grants and similar amounts paid
- $17,500
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,410
- Other expenses
- $1,067
- Program services (functional)
- $17,500
Balance sheet and other
- Total assets, start of year
- $111,178
- Total assets, end of year
- $120,394
- Total liabilities, end of year
- $0
- Net assets, end of year
- $120,394
- Cash, savings and investments
- $120,394
- Gross receipts
- $55,920
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN ANDREW IRWIN | TREASURER | 2 | $0 |
| WILLIAM BETTERS | PRESIDENT & ASSISTANT CLER | 2 | $0 |
| LAWRENCE FELDMAN | CLERK | 1 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN ANDREW IRWIN | TREASURER | 1 | $0 |
| WILLIAM BETTERS | PRESIDENT & ASSISTANT CLER | 2 | $0 |
| LAWRENCE FELDMAN | CLERK | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 51 MAVERICK ST, MARBLEHEAD, MA 01945-2149
- In care of
- % WILLIAM BETTERS
- Mailing address (990-N for 2022)
- 51 Maverick Street, Marbelhead MA 01945
- Principal officer (990-N for 2022)
- William Betters, 51 Maverick Street, Marbelhead MA 01945
- Signed the 990-EZ
- WILLIAM BETTERS, PRESIDENT
- Phone
- (508) 277-2346
- Website
- www.lspa.org
- Return prepared by
- NON-PROFIT CAPITAL MANAGEMENT LLC
Mission
PROVIDE EDUCATIONAL SCHOLARSHIPS TO QUALIFIED STUDENTS.
Program accomplishments
- PROVIDE EDUCATIONAL SCHOLARSHIPS FOR QUALIFIED STUDENTS.Expenses $17,500 · grants $17,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-4948508
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $120,394
- Income (IRS master file)
- $55,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $29,193 | $19,977 | $120,394 | XML |
| 990-EZ | June 2024 | $42,734 | $20,827 | $111,178 | XML |
| 990-N for 2022 Officer: William Betters | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4948508).
Questions about LSP ASSOCIATION SCHOLARSHIP FUNDINC
- What is the EIN of LSP ASSOCIATION SCHOLARSHIP FUNDINC?
- The employer identification number (EIN) of LSP ASSOCIATION SCHOLARSHIP FUNDINC is 20-4948508.
- Is LSP ASSOCIATION SCHOLARSHIP FUNDINC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to LSP ASSOCIATION SCHOLARSHIP FUNDINC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LSP ASSOCIATION SCHOLARSHIP FUNDINC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LSP ASSOCIATION SCHOLARSHIP FUNDINC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LSP ASSOCIATION SCHOLARSHIP FUNDINC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of LSP ASSOCIATION SCHOLARSHIP FUNDINC?
- The 990-N for 2022 names William Betters.
- Who are the officers and directors of LSP ASSOCIATION SCHOLARSHIP FUNDINC?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LSP ASSOCIATION SCHOLARSHIP FUNDINC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $29,193, expenses of $19,977 and total assets of $120,394 at year end.
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