La Salle Academy
Nonprofit profile at a glance
- EIN
- 043733010
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, US
- Phone
- 215.739.5804
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $2,467,772
- Expenses
- $2,288,237
- Assets
- $16,939,535
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- SR JEANNE MCGOWAN SSJ (PRESIDENT EMERITA)
- MARIA WALKER (PRESIDENT)
Highest reported compensation
- MARIA WALKER (PRESIDENT): $140,948 total reported compensation
- TERESA DIAMOND (PRINCIPAL - NON-VOTING): $128,628 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
La Salle Academy, Philadelphia is a small, independent, Catholic grade school, educating children grades 3rd through 8th grades and owned by our committed Board of Trustees. In the traditions of the Christian Brothers and the Sisters of St. Joseph, La Salle Academy (LSA) exclusively serves children from low-income families from across Philadelphia. LSA is a San Miguel model school dedicated to achieving children’s success in a supportive, faith-based learning environment. La Salle Academy is dedicated to educating children whose life opportunities are limited by financial, social, and academic challenges, and whose parents/guardians desire, but cannot afford, a Catholic education.
What it reported doing in 2024
Private elementary school which is dedicated to educating children in grades three through eight whose life opportunities are limited by financial, social, and academic challenges and whose parents/guardians desire, but can not afford a catholic education. The academy provides small classes, an extended day and year, and the academic, social, and spritual supports necessary for students to become successful people and lifelong learners.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 92
- Accountability: 98
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 67.5%; rating input score 68
- Fundraising efficiency: $8.4 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.2%; rating input score 97; 27th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.3%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 7.4; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 11.8%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 69.9% of revenue deployed · 67.5% of spending went to programs
- Governance: 35 of 36 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $141K · 35 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 25/100.