LAW SCHOOL ADMISSION COUNCIL C/O SUSAN KRINSKY (EIN 132998164) - 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

1979

Legal Domicile

Principal Officer

ANA TAVARES

Phone

2159681380

Tax Period

2024-07-01 to 2025-06-30

LAW SCHOOL ADMISSION COUNCIL C/O SUSAN KRINSKY, founded in 1979, is a major nonprofit in the Education sector that reported $133.6M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $118.5M left a modest 11% surplus.

Mission

LSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY PROMOTING ACCESS, EQUITY, AND FAIRNESS IN LAW SCHOOL ADMISSION AND SUPPORTING THE LEARNING JOURNEY FROM PRELAW THROUGH PRACTICE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $120,037,685

Investment Income $12,900,777

Other Revenue $649,860

TOTAL REVENUE $133,588,322

Expense Breakdown

Grants Paid $247,791

Salaries & Benefits $57,708,360

Fundraising Expenses $0

Program Expenses $82,564,802

Other Expenses $60,562,459

TOTAL EXPENSES $118,518,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$133,588,322	$110,902,892	+0.2%
Expenses	$118,518,610	$115,224,963	+0.0%
Net Income	$15,069,712	$-4,322,071	-4.5%

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

426

Volunteers

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

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUDHA SETTY FROM 7125	PRESIDENT AND CEO	37.50	Officer Director	$0	$0	$0
ELIZABETH KRONK WARNER	PRODUCT STRATEGY AND INNOVATION	1.50	Director	$0	$0	$0
JANNELL LUDY ROBERTS	CHAIR, EMERGING MARKETS AN	1.50	Director	$0	$0	$0
JUSTIN CRUZ	APPOINTEE-AT-LARGE	1.50	Director	$0	$0	$0
ROBERT SCHWARTZ	CHAIR, SCHOOLS AND CANDIDA	1.50	Director	$0	$0	$0
SHANI BUTTS	CHAIR, DIVERSITY, EQUITY A	1.50	Director	$0	$0	$0
SONDRA TENNESSEE	APPOINTEE-AT-LARGE	1.50	Director	$0	$0	$0
MARCILYNN BURKE	PAST CHAIR	1.50	Director	$0	$0	$0
ANGELA ONWUACHI-WILLIG	CHAIR, INVESTMENT COMMITTE	1.50	Director	$0	$0	$0
SARAH C ZEARFOSS	CHAIR, ASSESSMENTS	1.50	Director	$0	$0	$0
MYA RIMON	TRUSTEE	1.50	Director	$0	$0	$0
PATRICIA ROBERTS	CHAIR AUDIT, EXE COMPENSATION	1.50	Director	$0	$0	$0
REBECCA SCHELLER	CHAIR, BOARD OF TRUSTEES; CHAIR GOVERNANCE AND TRU	1.50	Director	$0	$0	$0
REYNALDO VELENCIA	TRUSTEE	1.50	Director	$0	$0	$0
LOLITA BUCKNER INNISS	TRUSTEE	1.50	Director	$0	$0	$0
DANIEL M FILLER	CHAIR, FINANCE AND BUDGET	1.50	Director	$0	$0	$0
JOHANNA KALB	TRUSTEE	1.50	Director	$0	$0	$0
BIANCA MACK	CHAIR, MISSION AND IMPACT	1.50	Director	$0	$0	$0
BEKAH SAIDMAN-KRAUSS	TRUSTEE	1.50	Director	$0	$0	$0
DAVID KIRSCHNER	CHAIR SCHOOLS AND CANDIDATES	1.50	Director	$0	$0	$0
GREGORY BOWMAN	CHAIR, INVESTMENT	1.50	Director	$10,000	$0	$10,000
KATRIN HUSSMANN SCHROLL	CHAIR, PRODUCT AND STRATEGY	1.50	Director	$0	$0	$0
CARLA E ANDERSON	TRUSTEE	1.50	Director	$0	$0	$0
KRISTI JOBSON	TRUSTEE	1.50	Director	$0	$0	$0
TERENCE J LAU	TRUSTEE	1.50	Director	$0	$0	$0
SHAWN D MCSHAY	TRUSTEE	1.50	Director	$0	$0	$0
GREGORY ROSEBORO II	TRUSTEE	1.50	Director	$0	$0	$0
RONALD WEICH	TRUSTEE	1.50	Director	$0	$0	$0
AKIRA SHIROMA	AT-LARGE APPOINTEE	1.50	Director	$0	$0	$0
ELENA MARIA MARTY-NELSON	ASSESSMENTS COMMITTEE CHAIR	1.50	Director	$0	$0	$0
ANA TAVARES	CHIEF FINANCIAL OFFICER	37.50	Highest	$458,936	$42,568	$501,504
SUSAN KRINSKY	COO/INTERIM-PRESIDENT/CEO	37.50	Highest	$737,856	$29,859	$767,715
AMY BETH DAMBECK	GENERAL COUNSEL AND CORPOR	37.50	Highest	$436,710	$21,099	$457,809
FRANK DISANZO	CHIEF INFORMATION OFFICER	37.50	Highest	$345,133	$16,227	$361,360
KELLYE Y TESTY	FORMER CEO (UNTIL 6/30/24)	37.50		$896,578	$20,898	$917,476
ANNMARIE LEVINS UNTIL 63024	CHIEF STRATEGY OFFICER	37.50		$220,159	$22,203	$242,362
TROY LOWRY UNTIL 31324	CHIEF INFORMATION OFFICER	37.50		$260,014	$6,399	$266,413

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
2025	$133,588,322	$118,518,610	$331,172,696	$15,069,712
2024	$110,902,892	$115,224,963	$290,409,559	$-4,322,071
2023	$97,577,683	$114,057,410	$276,647,279	$-16,479,727
2022	$91,624,311	$100,569,318	$279,160,509	$-8,945,007
2021	$131,248,228	$91,946,860	$309,470,360	$39,301,368
2020	$78,237,863	$114,547,389	$258,854,616	$-36,309,526
2019	$89,378,943	$91,525,068	$298,155,106	$-2,146,125
2018	$74,283,210	$72,807,336	$275,926,318	$1,475,874

LAW SCHOOL ADMISSION COUNCIL C/O SUSAN KRINSKY