TRUSTEES OF LAWRENCE ACADEMY AT GROTON MA CORP Charity Report

Public IRS 990 nonprofit record

TRUSTEES OF LAWRENCE ACADEMY AT GROTON MA CORP

EIN 04-2105775 · Education (B250)

What they do

LAWRENCE ACADEMYS MISSION ASSERTS THE FOLLOWING IN PROVIDING COLLEGE PREPARATORY EDUCATION for BOARDING and DAY STUDENTS IN GRADES 9-12: "LAWRENCE ACADEMY RECOGNIZES YOU for WHO YOU ARE, INSPIRES YOU to TAKE RESPONSIBILITY for WHO YOU WANT to BECOME, SUPPORTS YOU AS YOU LEARN, and EMPOWERS YOU to TAKE ACTION for THE GREATER GOOD." THROUGH ITS MISSION and PROGRAMS, LAWRENCE ACADEMY SEEKS EXCELLENCE and DISTINCTION THROUGH A "STUDENT-CENTERED" APPROACH to EDUCATION. THE SCHOOLS FOCUS BEGINS WITH A CAREFULLY DESIGNED ACADEMIC PROGRAM THAT STRIVES for CREATIVE and INTERDISCIPLINARY APPROACHES to LEARNING. ARTS and ATHLETICS ARE ADDITIONAL AVENUES for FOSTERING SELF-DISCOVERY, GROWTH, PASSION, and ACCOMPLISHMENT IN YOUNG PEOPLE. ULTIMATELY THE TOTAL EDUCATION PROGRAM, INCLUDING LIFE ON CAMPUS and IN THE DORMS, is DEDICATED to TRANSFORMING THE LIVES of YOUNG PEOPLE and CREATING A COMMUNITY WHERE WELL-BEING, MUTUAL SUPPORT, and THOUGHTFUL, RESPONSIBLE LIVING ARE FOSTERED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.26%of revenue went to mission work81.2% of expenses · Program services

6.27%of revenue went to fundraising7.0% of expenses

$90.21spent for every $100 of revenueRevenue covered expenses this year.

10.68%of revenue went to management and office costs11.8% of expenses

$2.98in assets for every $1 spent this yearSome assets cannot be spent right away.

15.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $659,333 for R DANIEL SCHEIBE (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$37,753,408

Mission workProgram services$27,657,00573.26% of revenue81.2% of expenses

ManagementOffice and general costs$4,032,76010.68% of revenue11.8% of expenses

FundraisingAsking for donations$2,368,7226.27% of revenue7.0% of expenses

Revenue left after expensesReported annual surplus$3,694,9219.79% of revenueShown in gray on the chart

Total expenses$34,058,48790.21% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.2% mission · 11.8% management · 7.0% fundraisingTotal expenses: 90.21% of revenue

2023Expense mix: 80.6% mission · 12.7% management · 6.7% fundraisingTotal expenses: 90.87% of revenue

2022Expense mix: 81.9% mission · 10.6% management · 7.5% fundraisingTotal expenses: 94.39% of revenue

2021Expense mix: 83.4% mission · 10.7% management · 5.9% fundraisingTotal expenses: 68.21% of revenue

2020Expense mix: 83.2% mission · 11.3% management · 5.6% fundraisingTotal expenses: 91.79% of revenue

2019Expense mix: 82.4% mission · 12.4% management · 5.3% fundraisingTotal expenses: 91.88% of revenue

2018Expense mix: 82.8% mission · 12.3% management · 4.9% fundraisingTotal expenses: 90.33% of revenue

2017Expense mix: 84.2% mission · 11.7% management · 4.0% fundraisingTotal expenses: 89.11% of revenue

Money in and money out

Revenue$37,753,408

Expenses$34,058,487

Annual surplus $3,694,921 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$27,657,005 · 81.2% of expenses

Management and office costs$4,032,760 · 11.8% of expenses

Fundraising$2,368,722 · 7.0% of expenses

See all reported dollar amounts

Revenue$37,753,408

Expenses$34,058,487

Assets$101,453,929

Income$107,723,407

Contributions$5,751,269

Mission work (program services)$27,657,005

Fundraising$2,368,722

Grants given$659,801

Average grant$73,311

Management and general$4,032,760

Stocks and bonds$61,171,687

Accounting fees$60,960

Investing fees$167,443

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

R DANIEL SCHEIBEHEAD OF SCHOOL · 60 hrs/week $659,333Base $556,742 · Other $102,591

ROBERT M KRAMERASST HEAD OF SCHOOL FOR FIN. & OPS · 60 hrs/week $272,797Base $232,804 · Other $39,993

BETH CRUTCHERDIRECTOR OF ADVANCEMENT · 60 hrs/week $248,908Base $207,449 · Other $41,459

ELIZABETH MARGRAFASSISTANT HEAD OF SCHOOL LIFE · 60 hrs/week $247,381Base $205,908 · Other $41,473

RAQUEL MAJESKIASSOCIATE HEAD OF SCHOOL · 60 hrs/week $238,848Base $173,017 · Other $65,831

MELINDA RABOINDIRECTOR OF HEALTH SERVICE · 60 hrs/week $226,596Base $200,918 · Other $25,678

MICHAEL POLSONETTIDEAN OF ADMISSIONS & ENROLLMENT · 60 hrs/week $200,962Base $137,945 · Other $63,017

SEAN SHEEHANDIRECTOR OF COLLEGE COUNSELING · 60 hrs/week $200,694Base $138,632 · Other $62,062

ANDREW J HEALYDEAN OF STUDENTS, SPANISH TEACHER · 60 hrs/week $195,422Base $133,942 · Other $61,480

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

R DANIEL SCHEIBEHEAD OF SCHOOL

ROBERT M KRAMERASST HEAD OF SCHOOL FOR FIN. & OPS

BETH CRUTCHERDIRECTOR OF ADVANCEMENT

ELIZABETH MARGRAFASSISTANT HEAD OF SCHOOL LIFE

RAQUEL MAJESKIASSOCIATE HEAD OF SCHOOL

MELINDA RABOINDIRECTOR OF HEALTH SERVICE

MICHAEL POLSONETTIDEAN OF ADMISSIONS & ENROLLMENT

SEAN SHEEHANDIRECTOR OF COLLEGE COUNSELING

ANDREW J HEALYDEAN OF STUDENTS, SPANISH TEACHER

KAREN MITCHELL BRANDVOLDTRUSTEE/PRESIDENT

TAYLOR SELETRUSTEE

KATHERINE BEEDETRUSTEE

KIYOHIKO HIROSETRUSTEE

MELISSA BOISTRUSTEE

MICHAEL MCLAUGHLINTRUSTEE

PAMELA AMUSATRUSTEE

PETER DEFEOTRUSTEE

PETER MYETTETRUSTEE

PHYLLIS ROTHSCHILDTRUSTEE/VICE PRESIDENT

RICHARD TYSONTRUSTEE

ROBERT ACHTMEYERTRUSTEE

ROBIN JONESTRUSTEE

DAVID STONETRUSTEE/TREASURER

BRADFORD HOBBSTRUSTEE

BRIT DEWEYTRUSTEE

BRUCE MACNEILTRUSTEE

CATIE MCMENAMINTRUSTEE

CHRIS DAVEYTRUSTEE

CHUCK OBOYLETRUSTEE

COURTNEY COX HARRISONTRUSTEE

CYRUS DAFTARYTRUSTEE

DAVID MAZZATRUSTEE

KANA NORIMOTOTRUSTEE/SECRETARY

DEVIN OREILLYTRUSTEE

DOUGLAS LONGTRUSTEE

EDWARD STEINBORNTRUSTEE

G RANDALL CHAMBERLAINTRUSTEE

GREG LAUZETRUSTEE

HISE GIBSONTRUSTEE

JASON SAGHIRTRUSTEE

JESSICA KNAPPTRUSTEE

About this charity

Recognized since: January 1941
Location: 26 POWDERHOUSE RD, GROTON, MA 01450-4700
County: Middlesex
In care of: ROBERT M KRAMER
Primary officer: ROBERT M KRAMER, ASSISTANT HEAD FOR FIN AND OPS

How to reach them

WebsiteVisit the charity’s website Phone(978) 448-6535

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B250)
Grant-giving organization: Yes