TRUSTEES OF THE LAWRENCEVILLE SCHO… - Form 990 Financial Data

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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

1810

Legal Domicile

Principal Officer

STEPHEN S MURRAY

Phone

6098960400

Tax Period

2024-07-01 to 2025-06-30

TRUSTEES OF THE LAWRENCEVILLE SCHOOL, founded in 1810, is a major nonprofit in the Education sector that reported $120.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $1.1B represent 111 months of operating reserves.

Mission

THROUGH HOUSE AND HARKNESS, THE LAWRENCEVILLE SCHOOL CHALLENGES A DIVERSE COMMUNITY OF PROMISING YOUNG PEOPLE TO LEAD LIVES OF LEARNING, INTEGRITY, AND HIGH PURPOSE. OUR MISSION IS TO INSPIRE THE BEST IN EACH TO SEEK THE BEST FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $89,023,082 Revenue: $64,894,982

STUDENT SERVICES: IN 1936, EDUCATIONAL PHILANTHROPIST EDWARD S. HARKNESS HELPED LAWRENCEVILLE RECONFIGURE THE SCHOOL'S CLASSROOMS AROUND OVAL 'HARKNESS' TABLES THAT REPLACED LECTURE AND MEMORIZATION WITH SHARED INQUIRY AND DISCOVERY. BY CONNECTING THE RIGOROUS INTELLECTUAL CULTURE AROUND THE HARKNESS TABLE TO OUTSTANDING EXPERIENTIAL AND EXTRACURRICULAR OPPORTUNITIES SPANNING ACADEMIC, ATHLETIC, ARTISTIC, CULTURAL, SCIENTIFIC, SERVICE, AND SOCIAL ENDEAVORS, LAWRENCEVILLE DEEPENS UNDERSTANDING, REINFORCES SELF-CONFIDENCE, SPAWNS CREATIVITY, AND FOSTERS INITIATIVE AND LEADERSHIP. WE EMPOWER STUDENTS TO LEARN AND THINK FOR THEMSELVES, AND TO SUBJECT PRELIMINARY UNDERSTANDING TO CRITICAL REVIEW. LAWRENCEVILLE ENCOURAGES STUDENTS TO PUT IN THE WORK, PURSUE THEIR PASSIONS, AND DEVELOP THEIR TALENTS, INSPIRING THE BEST IN EACH TO SEEK THE BEST FOR ALL.

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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 $32,016,050

Program Service Revenue $64,740,365

Investment Income $21,348,213

Other Revenue $1,947,325

TOTAL REVENUE $120,051,953

Expense Breakdown

Grants Paid $16,393,539

Salaries & Benefits $52,817,221

Fundraising Expenses $6,195,526

Program Expenses $89,023,082

Other Expenses $47,385,495

TOTAL EXPENSES $116,665,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,051,953	$102,401,842	+0.2%
Expenses	$116,665,869	$113,273,297	+0.0%
Net Income	$3,386,084	$-10,871,455	-1.3%

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

678

Volunteers

495

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

$2,238,405

Total Directors

$1,607,361

Key Employees

$2,207,980

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MURRAY STEPHEN S	HEAD OF SCHOOL/ASST. SECRE	40.00	Officer Director	$1,142,482	$464,879	$1,607,361
HAMMOND BENJAMIN C	CFAO/SECRETARY/TREASURER	40.00	Officer	$379,825	$251,219	$631,044
SCOTT MARQUIS	ASST. HEAD OF SCHOOL FOR STRAT. INIT.	40.00	Key Emp	$428,738	$283,587	$712,325
KOSOFF EMILIE	DEAN OF FACULTY	40.00	Key Emp	$258,347	$263,802	$522,149
DEVINE PETER E	CHIEF OPERATIONS OFFICER	40.00	Key Emp	$251,273	$186,056	$437,329
MORGAN GRETA	CHIEF ADVANCEMENT OFFICER	40.00	Key Emp	$228,392	$73,801	$302,193
BARNES MARY KATE	DIRECTOR OF ADVANCEMENT	40.00	Key Emp	$215,861	$18,123	$233,984
ELDRIDGE GREGORY	DEAN OF STUDENTS	40.00	Highest	$196,197	$257,413	$453,610
BEAVER SKYLER	DIRECTOR OF DEVELOPMENT	40.00	Highest	$263,102	$71,031	$334,133
RENJILIAN CHRISTOPHER	MEDICAL DIRECTOR	40.00	Highest	$228,862	$88,871	$317,733
ISAACSON MARCIA	GENERAL COUNSEL; DIR. OF RISK MGMT.	40.00	Highest	$261,055	$45,156	$306,211
NAGLE JOYE	DIRECTOR OF FINANCE AND CONTROLLER	40.00	Highest	$241,750	$54,902	$296,652
WEISS JONATHAN G	PRESIDENT (UNTIL 06/25)	2.00	Officer Director	$0	$0	$0
MELLET CELESTE M	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
BRASWELL PORTER	TRUSTEE	2.00	Director	$0	$0	$0
BRODY HYMAN J	TRUSTEE	2.00	Director	$0	$0	$0
CLIFFORD MICHAEL P	TRUSTEE	2.00	Director	$0	$0	$0
DISHNER JEFFREY	TRUSTEE	2.00	Director	$0	$0	$0
FANG JEAN S	TRUSTEE	2.00	Director	$0	$0	$0
FERGUSON JANE	TRUSTEE	2.00	Director	$0	$0	$0
FRUMKIN JOSEPH	TRUSTEE	2.00	Director	$0	$0	$0
GAW GOODWIN	TRUSTEE	2.00	Director	$0	$0	$0
GRISWOLD BENJAMIN	TRUSTEE	2.00	Director	$0	$0	$0
KIRBY JEFFERSON	TRUSTEE	2.00	Director	$0	$0	$0
MABRY MARCUS B	TRUSTEE	2.00	Director	$0	$0	$0
MEHTA NEIL K	TRUSTEE	2.00	Director	$0	$0	$0
MOORE KATHERINE A	TRUSTEE	2.00	Director	$0	$0	$0
PUJADAS JUAN	TRUSTEE	2.00	Director	$0	$0	$0
ROBBINS WILLIAM	TRUSTEE	2.00	Director	$0	$0	$0
SCHANKLER CORRENTE	TRUSTEE	2.00	Director	$0	$0	$0
SHAW LEUCRETIA BROWN	TRUSTEE	2.00	Director	$0	$0	$0
STERNBERG MARC	TRUSTEE	2.00	Director	$0	$0	$0
TAPIERO DANIEL M	TRUSTEE (UNTIL 06/25)	2.00	Director	$0	$0	$0
TSAI JOSEPH C	TRUSTEE	2.00	Director	$0	$0	$0
VISWANATHAN MEERA S PHD	TRUSTEE	2.00	Director	$0	$0	$0
VOLPP KEVIN DR PHD	TRUSTEE	2.00	Director	$0	$0	$0
VORIS ALEXANDRA BUCKLEY	TRUSTEE	2.00	Director	$0	$0	$0
WILKINSON ELIZABETH G	TRUSTEE	2.00	Director	$0	$0	$0
ZOCHOWSKI T ROBERT JR	TRUSTEE	2.00	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
2025	$120,051,953	$116,665,869	$1,217,699,033	$3,386,084
2024	$102,401,842	$113,273,297	$1,141,223,432	$-10,871,455
2023	$100,358,626	$109,424,386	$1,072,643,309	$-9,065,760
2022	$95,150,583	$96,653,741	$1,058,874,200	$-1,503,158
2021	$118,883,228	$98,937,164	$1,115,399,445	$19,946,064
2020	$142,227,478	$91,242,886	$908,146,906	$50,984,592
2020	$142,227,478	$91,242,886	$908,146,906	$50,984,592
2019	$102,917,961	$91,953,813	$846,041,439	$10,964,148
2018	$105,026,836	$85,497,758	$805,318,751	$19,529,078

TRUSTEES OF THE LAWRENCEVILLE SCHOOL