La Salle School

Nonprofit profile at a glance

EIN
141338536
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Albany, NY, USA
Phone
5182424731
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Reported finances

Revenue
$15,723,571
Expenses
$15,415,892
Assets
$19,824,072
Liabilities
$3,408,368

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • JAMES LOGAN (PRESIDENT)
  • BR PHILLIP ROFRANO FSC (VICE PRESIDENT & TREASURER)
  • DAVID A WALLACE (EXECUTIVE DIRECTOR)
  • ANDREW JOSLIN (ASSOCIATE EXECUTIVE DIRECTOR OF FINANCE)
  • MARK SILVERBUSH (ASSOCIATE EXECUTIVE DIRECTOR OF COMPLIANCE)
  • JACLYN YUSKO (ASSOCIATE EXECUTIVE DIRECTOR OF PROGRAMS)

Highest reported compensation

  • DAVID A WALLACE (EXECUTIVE DIRECTOR): $229,346 total reported compensation
  • ANDREW JOSLIN (ASSOCIATE EXECUTIVE DIRECTOR OF FINANCE): $157,930 total reported compensation
  • MARK SILVERBUSH (ASSOCIATE EXECUTIVE DIRECTOR OF COMPLIANCE): $151,248 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 school provides therapeautic, educational and supportive services designed to accomplish positive, personal growth and lasting change in the lives of youth and families in need.

What it reported doing in 2024

Our educational program offers a unique emphasis on addressing academic, social/emotional, and behavioral needs which have interfered with a student's progress in school. Our school is a junior and senior high school serving 90 annually special education and regular education day service and residential male students in grades 6-12. A highly structured program with a success-based philosophy surrounds our students with the resources and support needed to function effectively in the classroom. Our student-centered approach supports the development of skills to address significant delays in socioemotional development, while remediating academic skills and providing grade-appropriate instruction leading to a nys diploma. The goal is to prepare students to successfully reintegrate into their local public school, the workforce or post high school educational settings.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.7%; rating input score 88
  • Program expense ratio: 89.4%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.29; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 87.7% of revenue deployed · 89.4% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $13.8M in reported program spending
  • Leadership: top reported pay $229K · 28 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.