Law School Admission Council
Legal name: Law School Admission Council C/o Susan Krinsky
Nonprofit profile at a glance
- EIN
- 132998164
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Newtown, PA, USA
- Phone
- 1.800.336.3982
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $133,588,322
- Expenses
- $118,518,610
- Assets
- $331,172,696
- Liabilities
- $46,238,846
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
37 people listed
Executive titles in this filing
- SUDHA SETTY FROM 7125 (PRESIDENT AND CEO)
- SUSAN KRINSKY (COO/INTERIM-PRESIDENT/CEO)
- KELLYE Y TESTY (FORMER CEO (UNTIL 6/30/24))
Highest reported compensation
- KELLYE Y TESTY (FORMER CEO (UNTIL 6/30/24)): $917,476 total reported compensation
- SUSAN KRINSKY (COO/INTERIM-PRESIDENT/CEO): $767,715 total reported compensation
- ANA TAVARES (CHIEF FINANCIAL OFFICER): $501,504 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Law School Admission Council (LSAC) is a nonprofit organization that provides essential products and services to support the law school admission process for candidates and law schools worldwide.
What it reported doing in 2024
Administered law school admission tests (lsat). Provided the law school credential assembly service (cas) for candidates. Prepared and sent reports to law schools on behalf of candidates, conducted educational research for the legal community. Provided online test prep to subscribers through lawhub.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating 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. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 62
- Accountability: 64
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 69.7%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 64.6%; rating input score 65; 13th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 38.1%; rating input score 38; 11th 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: 11.3%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.79; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 21st percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site
- Where the money goes: 67.4% of revenue deployed · 69.7% of spending went to programs
- Governance: 8 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $82.6M in reported program spending
- Leadership: top reported pay $917K · 37 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $16.8M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 21 filed money-flow records
- Related organizations: 13 filed related-organization links
- 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 — Accountability: Independent voting board scored 38/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.