LAKEWOOD STUDENT TRANSPORTATION AU… - 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

2016

Legal Domicile

Principal Officer

OSHER LEDERER

Phone

7327077287

Tax Period

2021-07-01 to 2022-06-30

LAKEWOOD STUDENT TRANSPORTATION AUTHORITY LLC, founded in 2016, is a mid-sized nonprofit that reported $28.5M in total revenue in fiscal year 2021.

Mission

TO PROVIDE EDUCATIONAL SERVICES BY WAY OF TRANSPORTATION OF APPROXIMATELY 35,000 PRIVATE SCHOOL STUDENTS IN AND AROUND LAKEWOOD NEW JERSEY.

Program Service Accomplishments

Program 1

Expenses: $29,687,327 Revenue: $27,253,964

PROVIDED TRANSPORTATION TO APPROXIMATELY 35,000 PRIVATE SCHOOL STUDENTS TO AND FROM THEIR SCHOOLS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,203,100

Program Service Revenue $27,253,964

Investment Income $0

Other Revenue $0

TOTAL REVENUE $28,457,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $596,598

Fundraising Expenses $0

Program Expenses $29,687,327

Other Expenses $30,217,259

TOTAL EXPENSES $30,813,857

Year-over-Year Comparison

	2021	2020	Change
Revenue	$28,457,064	$26,702,193	+0.1%
Expenses	$30,813,857	$28,581,216	+0.1%
Net Income	$-2,356,793	$-1,879,023	+0.3%

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

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

$257,028

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIMON BALSAM	TRUSTEE	5.00	Officer Director	$0	$0	$0
OSHER LEDERER	TRUSTEE	5.00	Officer Director	$0	$0	$0
YAAKOV MANDELBAUM	TRUSTEE	5.00	Officer Director	$0	$0	$0
AVROHOM VERSCHLEISER	TRUSTEE	5.00	Officer Director	$0	$0	$0
AVRAHAM KRAWIEC	DIRECTOR	50.00	Key Emp	$257,028	$0	$257,028
SHLOMO PICHEY	ASSISTANT DIRECTOR	50.00	Highest	$113,539	$0	$113,539

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
2022	$28,457,064	$30,813,857	$3,739,731	$-2,356,793
2021	$26,702,193	$28,581,216	$1,582,917	$-1,879,023
2020	$25,075,844	$25,550,202	$1,381,596	$-474,358

LAKEWOOD STUDENT TRANSPORTATION AUTHORITY LLC