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Lawrence Woodmere Academy

Woodmere, NY · EIN 11-3028408 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2023 (tax year 2022) · View the filing · Correct or respond

Lawrence Woodmere Academy reported $12.3 million in revenue and $8.0 million in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $69.48 went to program services, $30.38 to management and general costs and $0.14 to fundraising. Its largest source of revenue was investment income: 54.1% of the total. Government grants made up 6.9%. The highest compensation it reported for one person was $238,309 (Head of School). 4 people received more than $100,000 in reportable compensation. Revenue rose 49% between FY2020 and FY2023. Source: Form 990, FY2023.

Where $100 of spending went

The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $8.0M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2023 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2023 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2023Median
Program services
Part IX 25(B) ÷ 25(A)
69.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
30.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
37.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$238,309$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.99%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-4.313.3
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2023 · Form 990, Part III · the three largest programs by expense
$4.8M expenses · 86.1% of program spending · revenue $3.8M

Regular School Program - September-June

$774K expenses · 13.9% of program spending · revenue $790K

Summer Camp Program

Highest reported compensation

FY2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Head of School
Listed in Part VII, 40.00 hrs/week
$238,309$0$0$238,309
Director
Listed in Part VII, 40.00 hrs/week
$121,000$0$0$121,000
Dir. of Global Ed
Listed in Part VII, 40.00 hrs/week
$111,000$0$0$111,000
Head of School
Listed in Part VII, 40.00 hrs/week
$103,500$0$0$103,500
Associate Head of School
Listed in Part VII, 40.00 hrs/week
$68,500$0$0$68,500

4 people received more than $100,000 in reportable compensation from Lawrence Woodmere Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $642K (Part IX, line 5).

4 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023$12M$8.0M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2023 ⓘ$12M$8.0M69.5%−$2.9M$238,309
FY2022 ⓘ$6.8M$6.8M68.5%−$7.3M—
FY2021 (amended) ⓘ$4.7M$6.1M59.1%−$7.3M$225,036
FY2020 ⓘ$8.3M$9.4M74.8%−$5.9M$149,101

Governance answers, as filed

FY2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5152

Private foundation grants it received

3 private foundations reported grants to Lawrence Woodmere Academy totaling $501 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Lawrence Woodmere Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lawrence Woodmere Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Lawrence Woodmere Academy's spending goes to programs?

In the fiscal year ending June 30, 2023, Lawrence Woodmere Academy reported that 69.5% of its $8.0 million in expenses went to program services, 30.4% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Lawrence Woodmere Academy pay its top executive?

The largest total compensation Lawrence Woodmere Academy reported for one person in the fiscal year ending June 30, 2023 was $238,309, for the role of Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lawrence Woodmere Academy get its money?

Of $12.3 million in revenue in the fiscal year ending June 30, 2023, 7.7% came from contributions and grants (including 6.9% from government grants) and 37.5% from program service revenue (Form 990, Part VIII).

Is Lawrence Woodmere Academy a registered charity?

The IRS lists EIN 11-3028408 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430509349300248 · read the filing · XML
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349306314 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202321379349301102 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349302727 · read the filing

All filings for EIN 11-3028408: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.