THE LANGLEY SCHOOL INC

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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

1942

Legal Domicile

Principal Officer

MICHELE CLAEYS

Phone

7033561920

Tax Period

2024-07-01 to 2025-06-30

THE LANGLEY SCHOOL INC, founded in 1942, is a mid-sized nonprofit in the Education sector that reported $27.5M in total revenue in fiscal year 2024. Expenses of $25.2M left a modest 8% surplus.

Mission

THE LANGLEY SCHOOL FOSTERS PURPOSEFUL INQUIRY-BASED AND SOCIAL-EMOTIONAL LEARNING FOR CHILDREN IN PRESCHOOL THROUGH GRADE EIGHT IN A JOYFUL, CONNECTED COMMUNITY. WE EMPOWER ALL STUDENTS AS CURIOUS, CONFIDENT, AND RESILIENT LEADERS, THINKERS, AND CREATORS.

Program Service Accomplishments

Program 1

Expenses: $19,917,946 Revenue: $23,818,123

OPERATION OF AN INDEPENDENT SCHOOL FOR GRADES PRESCHOOL THROUGH 8TH SERVING OVER 500 STUDENTS.

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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 $1,320,608

Program Service Revenue $23,818,123

Investment Income $2,325,114

Other Revenue $29,522

TOTAL REVENUE $27,493,367

Expense Breakdown

Grants Paid $2,530,615

Salaries & Benefits $16,166,200

Fundraising Expenses $602,729

Program Expenses $19,917,946

Other Expenses $6,473,059

TOTAL EXPENSES $25,169,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,493,367	$26,255,367	+0.0%
Expenses	$25,169,874	$24,083,411	+0.0%
Net Income	$2,323,493	$2,171,956	+0.1%

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

157

Volunteers

100

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

$845,149

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARA RAMSEY	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DAVID HALWIG	BOARD OFFICER	2.00	Officer Director	$0	$0	$0
RUCHI JALLA	VICE CHAIR/TREASURER	2.00	Officer Director	$0	$0	$0
ALISTAIR MILLER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ANDREA WEINSTEIN	SECRETARY	2.00	Officer Director	$0	$0	$0
DEVON ANDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CHERIE WHITNEY ANDRES	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIE DEFRAIN	BOARD MEMBER	2.00	Director	$0	$0	$0
ARIANA DIMEO	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN GILLILAND	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN MITNICK	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROLINE ADLER MORALES	BOARD MEMBER	2.00	Director	$0	$0	$0
NICOLE MORRILL	BOARD MEMBER	2.00	Director	$0	$0	$0
BRETT NELSON	BOARD MEMBER	2.00	Director	$0	$0	$0
DANE SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM WARGO	BOARD MEMBER	2.00	Director	$0	$0	$0
SHIREEN ZAMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELE CLAEYS	HEAD OF SCHOOL	40.00	Officer	$468,672	$54,364	$523,036
GREGORY BOKMAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$263,281	$58,832	$322,113
SARAH SUMWALT	DIR STUDENT SUPPORT/SEL	40.00	Highest	$172,568	$44,061	$216,629
EMILY DUTTON	HEAD OF MIDDLE SCHOOL	40.00	Highest	$169,887	$25,900	$195,787
BRITTANY WESTBROOK	DIR MARKETING & COMM	40.00	Highest	$162,027	$23,467	$185,494
RICKI MARION	DIR OF DEVELOPMENT	40.00	Highest	$160,680	$13,354	$174,034
DWAYNE GREEN	DIR OF TRANSPORTATION/SEC	40.00	Highest	$151,682	$19,480	$171,162

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	$27,493,367	$25,169,874	$94,382,528	$2,323,493
2024	No data	No data	No data	No data
2023	$24,199,299	$22,298,064	$87,242,261	$1,901,235
2022	$26,381,814	$20,686,531	$77,858,701	$5,695,283
2021	$18,629,240	$19,592,040	$63,128,940	$-962,800
2020	$22,704,911	$19,903,088	$53,258,741	$2,801,823
2019	$22,690,157	$18,979,364	$50,998,923	$3,710,793
2018	$21,598,893	$19,056,270	$46,734,770	$2,542,623