Lawrence Woodmere Academy (EIN 113028408) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1912

Legal Domicile

Principal Officer

Adam Sheflin

Phone

5163749000

Tax Period

2022-07-01 to 2023-06-30

Lawrence Woodmere Academy, founded in 1912, is a mid-sized nonprofit in the Education sector that reported $12.3M in total revenue in fiscal year 2022. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.4M, a strong 35% operating margin.

Mission

Lawrence Woodmere Academy is a premier college preparatory school for students, families and educators who embrace a quality education and a commitment in an environment that values wisdom and nurtures personal, community and global responsibility.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $953,744

Program Service Revenue $4,633,348

Investment Income $6,685,643

Other Revenue $74,373

TOTAL REVENUE $12,347,108

Expense Breakdown

Grants Paid $807,844

Salaries & Benefits $4,008,466

Fundraising Expenses $11,581

Program Expenses $5,545,387

Other Expenses $3,165,029

TOTAL EXPENSES $7,981,339

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,347,108	$6,819,180	+0.8%
Expenses	$7,981,339	$6,830,691	+0.2%
Net Income	$4,365,769	$-11,511	-380.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

152

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian O'Connell	Head of School	40.00		$238,309	$0	$238,309
Stephen Ostroff	Director	40.00		$121,000	$0	$121,000
Susan Lettieri	Dir. of Global Ed	40.00		$111,000	$0	$111,000
Hank Williams	Head of School	40.00		$103,500	$0	$103,500
Mary Barton	Associate Head of School	40.00		$68,500	$0	$68,500
Everett Hopkins	Trustee	1.00	Director	$0	$0	$0
Ella Schwartz	Secretary	1.00	Director	$0	$0	$0
Robert Michelin	Trustee	1.00	Director	$0	$0	$0
Brittany Edwards	Trustee	1.00	Director	$0	$0	$0
Shari Findling	Trustee	1.00	Director	$0	$0	$0
David Malanga	Trustee	1.00	Director	$0	$0	$0
Willis Perry	Trustee	1.00	Director	$0	$0	$0
Atul Sud	Trustee	1.00	Director	$0	$0	$0
Arjun Reddy	Vice President	1.00	Director	$0	$0	$0
Adam Sheflin	President	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$12,347,108	$7,981,339	$4,033,544	$4,365,769
2022	$6,819,180	$6,830,691	$2,680,473	$-11,511
2021	$4,694,541	$6,147,600	$2,938,352	$-1,453,059
2021	$4,170,120	$4,902,821	$3,147,190	$-732,701
2020	$8,287,386	$9,432,224	$3,069,820	$-1,144,838
2019	$12,563,185	$12,458,728	$2,437,932	$104,457

Lawrence Woodmere Academy