Overview
What is International Spa Association Foundation?
The International Spa Association Foundation, located in Lexington, Kentucky, is a dedicated nonprofit organization. Its primary role is to cater to the educational and research requirements of the spa industry. Through annual research studies, the foundation provides valuable data, keeping the industry informed about key performance indicators, emerging trends, and consumer preferences. This research helps the International Spa Association stay updated and respond effectively to industry developments, thereby enhancing the overall perception of the spa sector among consumers.
Official website here: www.experienceispa.com/about/ispa-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
The International Spa Association Foundation has received a 75% rating from Charity Navigator, which reflects a solid performance in accountability and finance. The organization showcases a completely independent board and has a strong program expense ratio of 94.29%, indicating a high commitment to its mission and effective allocation of resources towards programs.
However, despite its strengths, there are areas for improvement. The foundation lacks a whistleblower policy, which is considered a critical component of organizational governance and transparency. Additionally, the liabilities to assets ratio is concerning at 110.83%, highlighting potential financial risks that need to be addressed.
Overall, while the International Spa Association Foundation demonstrates a notable commitment to financial accountability, it should focus on enhancing its governance policies and financial stability to better serve its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is International Spa Association Foundation legitimate?
International Spa Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Spa Association Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.experienceispa.com/about/ispa-foundation
What is the mission statement of International Spa Association Foundation?
The International Spa Association Foundation is committed to serving the educational and research needs of the spa industry. Through annual research on both industry and consumer levels, they provide valuable data to keep pace with industry trends and consumer preferences. This data capture helps in identifying emerging trends and monitoring key performance metrics, thereby contributing to the overall growth and understanding of the spa industry.
Official website here: www.experienceispa.com/about/ispa-foundation
Who is the CEO of International Spa Association Foundation?
Lynne Walker Mcnees is the Chair And Board Member of International Spa Association Foundation.
Official website here: www.experienceispa.com/about/ispa-foundation
What is the revenue of International Spa Association Foundation?
International Spa Association Foundation's revenue in 2022 was $121,329.
Official website here: www.experienceispa.com/about/ispa-foundation
Who are the executives of International Spa Association Foundation and what are their salaries?
There 3 volunteers at International Spa Association Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.experienceispa.com/about/ispa-foundation
Where can I find the form 990 for International Spa Association Foundation?
International Spa Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.experienceispa.com/about/ispa-foundation
Learn more at the official website: www.experienceispa.com/about/ispa-foundation
Mission Statement of International Spa Association Foundation
The International Spa Association Foundation serves a vital role in addressing the educational and research needs within the spa industry. Its mission is centered around providing valuable data and insights that benefit the spa sector as a whole. The foundation accomplishes this by conducting annual research on both industry and consumer levels. This research is instrumental in keeping the International Spa Association informed about key performance metrics, emerging trends, and consumer preferences within the industry. By monitoring these aspects, the foundation is able to capture an overall perception of the spa industry, thereby contributing to its growth and development. In essence, the International Spa Association Foundation serves as a catalyst for knowledge and innovation within the spa industry, ensuring it remains responsive to changing consumer trends and market dynamics.
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Impact
October, 2024
The International Spa Association Foundation significantly impacts the spa industry by enhancing both education and research. Through annual research initiatives at the industry and consumer levels, it provides vital data that helps stakeholders understand key performance metrics and emerging trends. This focus on data collection captures insights into consumer preferences and perceptions, allowing the industry to adapt and thrive.
By continuously monitoring the pulse of the industry, the foundation empowers spa professionals with the knowledge needed to make informed decisions and tailor their services to meet evolving consumer demands. Its commitment to education further ensures that industry members are equipped with the latest information and skills necessary to excel in a competitive market. Overall, the foundation plays a crucial role in fostering growth and innovation within the spa sector, driving improvements in service quality and consumer engagement.
This information is meant to be a general summary of International Spa Association Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8
- Gross Receipts: $318,712
Assets and Liabilities:
- Total Assets: $59,102
- Total Liabilities: $65,505
- Net Assets: -$6,403
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Organization Details
Founding Year
1999
Phone
(859) 226-4326Principal Officer
Lynne Walker Mcnees
Main Address
2365 HARRODSBURG ROAD A325, LEXINGTON, KY, 40504
NTEE Category
Code: B60 - Education
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