Luria Academy of Brooklyn
Nonprofit profile at a glance
- EIN
- 142005770
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 7183983290
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Judaism
Reported finances
- Revenue
- $14,746,283
- Expenses
- $16,092,690
- Assets
- $45,956,214
- Liabilities
- $48,305,482
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Highest reported compensation
- AMANDA POGANY (HEAD OF SCHO): $324,713 total reported compensation
- HADLEY ROLF (CHIEF ADVANC): $214,174 total reported compensation
- KEITH MORTON (CBO): $198,493 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Luria academy is a child-centered environment dedicated to academic excellence and a sophisticated knowledge of jewish text and jewish heritage. Located in the prospect heights neighborhood of brookly, luria academy is a jewish montessori-based schook, serving children ages 2-14. Luria academy is a remarkably diverse community that models learning with and from people of all backgrounds. By teaching students a uniquely integrated judaic-secular curriculum, luria academy offers a well-rounded education of the highest standards. Above all, luria academy fosters jewish pride, "ahavat yisrael", and a deep sense of compassion and commitment for all humankind, "ahavat olam".
What it reported doing in 2024
Educated students, including those with special needs, during the academic year. Students successfully completed standardized tests, as well as judaic studies and secular subjects promulgated by the New York state common core, that align with luria academy's mission.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 84% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.3%; rating input score 96
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: $3.23 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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 9 controls in place; rating input score 89
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -9.1%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 2.86; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 8.4%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 14.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 15.9% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 23.7% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 96.3% of revenue deployed · 88.3% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $14.2M in reported program spending
- Leadership: top reported pay $325K · 26 people listed · 1 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 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.
- High — Financial Efficiency: Fundraising efficiency scored 12/100.
- High — Sustainability: Operating margin scored 11/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 28/100.