LARC SCHOOL INC D/B/A THE LARC NORCROSS SCHOOL

EIN: 221978787 501(c)(3) Education

BELLMAWR, NJ

Total Revenue
$9,785,531
Total Expenses
$10,056,806
Total Assets
$14,237,770
Net Assets
$13,351,786
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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NJ
Principal Officer
EDWARD MCDONNELL
Phone
8569333725
Tax Period
2024-07-01 to 2025-06-30

LARC SCHOOL INC D/B/A THE LARC NORCROSS SCHOOL, founded in 1968, is a community nonprofit in the Education sector that reported $9.8M in total revenue in fiscal year 2024.

Mission

LARC SCHOOL STRIVES TO MEET THE NEEDS OF ALL STUDENTS AND ADULTS WITH VARYING DISABILITIES IN A DIGNIFIED MANNER BY PROVIDING OPPORTUNITIES FOR GROWTH, DEVELOPMENT AND MOST IMPORTANTLY, INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $6,449,055 Revenue: $7,641,798

EDUCATION PROGRAM: LARC SCHOOL PROVIDES A DIAGNOSTIC EVALUATION AND TREATMENT FOR CHILDREN AGES 3-21 WITH DEVELOPMENTAL DELAYS IN MOTOR & COGNITIVE SKILLS, SOCIAL GROWTH, SPEECH AND LANGUAGE. THE...

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EDUCATION PROGRAM: LARC SCHOOL PROVIDES A DIAGNOSTIC EVALUATION AND TREATMENT FOR CHILDREN AGES 3-21 WITH DEVELOPMENTAL DELAYS IN MOTOR & COGNITIVE SKILLS, SOCIAL GROWTH, SPEECH AND LANGUAGE. THE CURRICULUM AND SCHOOL CLIMATE ARE DESIGNED TO INSPIRE STUDENTS TO LOVE LEARNING, INVEST THEMSELVES IN THEIR EDUCATION, AND TO EMPOWER THEM TO MAXIMIZE THEIR INDEPENDENCE AND QUALITY OF LIFE. THE PRESCHOOL PROGRAM OFFERS A LANGUAGE ENRICHED ENVIRONMENT, INDIVIDUALIZED MULTI-SENSORY CURRICULUM AND TOTAL COMMUNICATION APPROACH THROUGH PLAY-BASED LEARNING IN A NURTURING AND SUPPORTIVE ENVIRONMENT. THE PRIMARY/INTERMEDIATE PROGRAM PROVIDES A STRONG FOCUS ON FUNCTIONAL ACADEMICS AND AGE-APPROPRIATE SOCIAL SKILLS FOR CHILDREN AGES 5 TO 13. A VARIETY OF LEARNING ACTIVITIES AND EXPERIENCES ARE UTILIZED TO HELP EACH STUDENT ACHIEVE THEIR INDIVIDUALIZED LEARNING GOALS AND OBJECTIVES. THE SECONDARY PROGRAM PROVIDES CHILDREN AGES 14 TO 21 VARIOUS OPPORTUNITIES FOR GROWTH IN INDEPENDENCE AND INCORPORATES A WORK READINESS PROGRAM, COMMUNITY-BASED INSTRUCTION, AND ADAPTIVE PHYSICAL EDUCATION TO FACILITATE THE TRANSITION TO ADULT LIFE.

Program 2
Expenses: $1,677,381 Revenue: $1,154,694

ADULT PROGRAM: LARC SCHOOL'S SPECIAL NEEDS ADULT PROGRAM SERVES INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OVER THE AGE OF 21. STAFF IS DEDICATED TO PROVIDING THE EXPERTISE REQUIRED FOR DAILY LIFE...

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ADULT PROGRAM: LARC SCHOOL'S SPECIAL NEEDS ADULT PROGRAM SERVES INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OVER THE AGE OF 21. STAFF IS DEDICATED TO PROVIDING THE EXPERTISE REQUIRED FOR DAILY LIFE CARE ISSUES AS WELL AS THERAPY CONSULTATION AND HEALTH SERVICES. LARC'S SAFE AND SUPPORTIVE ENVIRONMENT OFFERS RECREATIONAL AND SOCIALIZATION OPPORTUNITIES BOTH WITHIN THE PROGRAM AND OUT IN THE COMMUNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $779,392
Program Service Revenue $8,796,492
Investment Income $307,022
Other Revenue $-97,375
TOTAL REVENUE $9,785,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,133,098
Fundraising Expenses $124,977
Program Expenses $8,126,436
Other Expenses $1,923,708
TOTAL EXPENSES $10,056,806

Year-over-Year Comparison

2024 2023 Change
Revenue $9,785,531 $9,732,619 +0.0%
Expenses $10,056,806 $9,645,829 +0.0%
Net Income $-271,275 $86,790 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
173
Volunteers
200

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
5
$213,889
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD MCDONNELL CHAIRPERSON 0.15
Officer Director
$0 $0 $0
JAMES H RHODES VICE CHAIRPERSON 0.15
Officer Director
$0 $0 $0
GERI SPENCER SECRETARY 0.15
Officer Director
$0 $0 $0
CHARLES HIGGINS TREASURER 0.15
Officer Director
$0 $0 $0
REGINALD F BECKETT DIRECTOR 0.15
Director
$0 $0 $0
PATRICIA EGAN JONES DIRECTOR 0.15
Director
$0 $0 $0
PEPE PIPERNO DIRECTOR 0.15
Director
$0 $0 $0
JAMES J MADDEN DIRECTOR 0.15
Director
$0 $0 $0
KATE MCDONNELL DIRECTOR 0.15
Director
$0 $0 $0
LEXIE NORCROSS DIRECTOR 0.15
Director
$0 $0 $0
JAMEKA WALKER DIRECTOR 0.15
Director
$0 $0 $0
STEFANIE RIEHL EXECUTIVE DIRECTOR 40.00
Officer
$191,541 $22,348 $213,889
JACLYN A BUECHELE PHYSICAL THERAPIST 35.00
Highest
$131,740 $12,142 $143,882
ROXANE ADAMS SPEECH THERAPIST 35.00
Highest
$163,528 $21,381 $184,909
PAULA RIVELL SPEECH THERAPIST 35.00
Highest
$125,068 $3,935 $129,003
BARI UNGERLEIDER SPEECH THERAPIST 35.00
Highest
$125,068 $3,935 $129,003
KAREN BRIGGS BUSINESS MANAGER 40.00
Highest
$116,133 $3,756 $119,889
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 $9,785,531 $10,056,806 $14,237,770 $-271,275
2024 $9,732,619 $9,645,829 $13,991,994 $86,790
2023 $9,183,495 $8,884,886 $13,544,572 $298,609
2022 $8,756,642 $8,219,376 $13,930,266 $537,266
2021 $7,808,019 $7,493,767 $15,545,945 $314,252
2020 $7,633,421 $7,744,161 $12,397,203 $-110,740
2019 $8,038,170 $7,253,802 $12,279,946 $784,368
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