Trustees of Lawrence Academy at Groton Ma Corp
Nonprofit profile at a glance
- EIN
- 042105775
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Groton, MA, USA
- Phone
- 9784486535
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $37,753,408
- Expenses
- $34,058,487
- Assets
- $101,453,929
- Liabilities
- $15,750,163
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
41 people listed
Executive titles in this filing
- PHYLLIS ROTHSCHILD (TRUSTEE/VICE PRESIDENT)
- KAREN MITCHELL BRANDVOLD (TRUSTEE/PRESIDENT)
Highest reported compensation
- R DANIEL SCHEIBE (HEAD OF SCHOOL): $659,333 total reported compensation
- ROBERT M KRAMER (ASST HEAD OF SCHOOL FOR FIN. & OPS): $272,797 total reported compensation
- BETH CRUTCHER (DIRECTOR OF ADVANCEMENT): $248,908 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lawrence academy recognizes you for who you are, inspires you to take responsibility for who you want to become, supports you as you learn, and empowers you to take action for the greater good.
What it reported doing in 2024
Through its mission, each year lawrence academy prepares more than one hundred graduates for success in their next academic experiences and in life. In the process, the school's academics, arts, and athletics programs allow students the opportunity to excel amongst peers in the context of a superb educational environment, both within and beyond school. While we want to show measurable development for each student, we also want students to have rich and meaningful experiences within an interdependent community that will sharpen their aptitude as responsible citizens. Ultimately, we want a lawrence academy education to transform both the individual and society. There were 415 students enrolled during the 2024/2025 school year.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.3%; rating input score 69
- Program expense ratio: 81.2%; rating input score 81
- Fundraising efficiency: $2.43 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- 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: Scored; rating input score 0
- Grant itemization coverage: 99.9%; rating input score 100; 39th 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.8%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 69.3% of revenue deployed · 81.2% of spending went to programs
- Governance: 32 of 32 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $27.7M in reported program spending
- Leadership: top reported pay $659K · 41 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.9M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.