Overview
What is Trustees Of Lawrence Academy At Groton Ma Corp?
Trustees of Lawrence Academy at Groton Ma Corp is a nonprofit organization based in Groton, Massachusetts. With a mission to provide college-preparatory education for boarding and day students in grades 9-12, the academy recognizes each student for who they are, inspiring them to take responsibility for their future and supporting them in their learning journey. Lawrence Academy fosters excellence and distinction through a student-centered approach that includes a carefully designed academic program, arts, and athletics initiatives. The school community fosters mutual support, well-being, and thoughtful, responsible living. In the 2022/2023 school year, there were 418 students enrolled, and the organization employed 208 individuals.
Official website here: www.lacademy.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Trustees Of Lawrence Academy At Groton Ma Corp has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization scored 96% in this category, which reflects its commitment to transparency and effective financial management, essential traits for any nonprofit. This rating is solely derived from the Accountability & Finance beacon, highlighting their focus on responsible stewardship of resources.
One of the strengths of the organization is its board governance, comprised entirely of independent members, which promotes unbiased oversight. The charity has established a robust audit and oversight committee, ensuring rigorous financial reporting and compliance. Furthermore, the presence of comprehensive policies such as conflict of interest, whistleblower protections, and document retention reinforces its accountability practices.
Despite the impressive rating, it is important for potential donors and stakeholders to continually assess the organization’s impact and effectiveness beyond financial metrics. While the charity shows strong operational integrity, stakeholders should also consider the outcomes and community benefits generated by its programs to gain a full understanding of its contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Trustees Of Lawrence Academy At Groton Ma Corp legitimate?
Trustees Of Lawrence Academy At Groton Ma Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trustees Of Lawrence Academy At Groton Ma Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,226,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,064,396
For more financial information, click here
Official website here: www.lacademy.edu
What is the mission statement of Trustees Of Lawrence Academy At Groton Ma Corp?
Trustees of Lawrence Academy at Groton MA Corp's mission statement asserts their commitment to college preparatory education for boarding and day students in grades 9-12. They recognize each student for who they are, inspire them to take responsibility for their future selves, support their learning journey, and empower them to take action for the greater good. This student-centered approach to education begins with a carefully designed academic program and extends to arts and athletics, fostering self-discovery, growth, passion, and accomplishment in young people. Through their programs, Lawrence Academy prepares over one hundred graduates each year for success in their next academic experiences and in life. The educational environment nurtures students to excel among their peers, fostering responsible citizenship and transforming both the individual and society.
Official website here: www.lacademy.edu
Who is the CEO of Trustees Of Lawrence Academy At Groton Ma Corp?
Jason Saghir is the Trustee/President of Trustees Of Lawrence Academy At Groton Ma Corp.
Official website here: www.lacademy.edu
What is the revenue of Trustees Of Lawrence Academy At Groton Ma Corp?
Trustees Of Lawrence Academy At Groton Ma Corp's revenue in 2023 was $33,567,822.
Official website here: www.lacademy.edu
Who are the executives of Trustees Of Lawrence Academy At Groton Ma Corp and what are their salaries?
The average compensation at Trustees Of Lawrence Academy At Groton Ma Corp during 2023 was $59,090. There are 208 employees and 155 volunteers at Trustees Of Lawrence Academy At Groton Ma Corp.
Here are 41 key members and their salaries:
- Compensation: $448,393
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- Other: $211,025
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- Compensation: $184,688
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- Other: $14,775
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- Related: $0
- Other: $46,280
- Compensation: $158,875
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- Other: $37,710
- Compensation: $132,000
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- Other: $60,595
- Compensation: $123,000
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- Other: $55,334
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Official website here: www.lacademy.edu
Where can I find the form 990 for Trustees Of Lawrence Academy At Groton Ma Corp?
Trustees Of Lawrence Academy At Groton Ma Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lacademy.edu
Learn more at the official website: www.lacademy.edu
Mission Statement of Trustees Of Lawrence Academy At Groton Ma Corp
Trustees of Lawrence Academy, a renowned educational institution, asserts a mission that acknowledges the unique identity of every student while inspiring them to take charge of their personal growth. By providing college preparatory education for boarding and day students in grades 9-12, the Academy goes beyond academic excellence, fostering a student-centered approach to learning.
The Academy's mission is threefold. First, it recognizes each student for who they are, creating an inclusive environment where individuality is celebrated. Second, it empowers students to assume responsibility for their future selves, instilling a sense of accountability and self-direction. Lastly, it supports students as they learn, offering them the tools and resources necessary for academic success.
Through its carefully designed academic program, Lawrence Academy encourages creative and interdisciplinary approaches to learning. The institution's arts and athletics programs further promote self-discovery, growth, passion, and accomplishment in young people. The total education program, encompassing both campus life and dormitory experiences, is dedicated to transforming the lives of students and cultivating a community that fosters well-being, mutual support, and thoughtful, responsible living.
Each year, Lawrence Academy prepares over one hundred graduates for success in their next academic experiences and beyond. The Academy's rigorous academic, arts, and athletics programs offer students the opportunity to excel among their peers in a superior educational environment, shaping them into responsible citizens. The ultimate goal of a Lawrence Academy education is to transform both the individual and society. With an enrollment of 418 students during the 2022/2023 school year, the Academy continues to make a significant impact on the lives of young people.
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Impact
October, 2024
Trustees Of Lawrence Academy At Groton Ma Corp profoundly impacts students and the broader community by delivering a college preparatory education that emphasizes personal growth, responsibility, and active citizenship. Through a carefully curated academic program, the institution engages students in creative and interdisciplinary learning experiences that extend beyond traditional classroom settings.
Within its vibrant environment, which includes diverse arts and athletics programs, students are encouraged to discover their passions and talents, contributing to their self-discovery and personal development. The school fosters a supportive community where well-being and mutual respect are paramount, preparing students not only for academic success but also for responsible living and engagement in society.
Each year, Lawrence Academy prepares over a hundred graduates who leave with not only knowledge and skills but also a strong sense of identity and purpose. The impact of this education is seen in the development of responsible citizens who are equipped to take action for the greater good, thereby influencing both their immediate communities and the larger society. By prioritizing a student-centered approach, Lawrence Academy’s programs are designed to transform lives, making a significant contribution to the educational landscape and the future of its students.
This information is meant to be a general summary of Trustees Of Lawrence Academy At Groton Ma Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$106,789
- Program Service Revenue: $26,689,355
- Gross Receipts: $45,682,397
Assets and Liabilities:
- Total Assets: $85,230,344
- Total Liabilities: $13,270,074
- Net Assets: $71,960,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACADEMIC YEAR TUITION
Revenue
$26,267,480
ACADEMIC SUPPORT PROGRAM
Revenue
$421,875
Organization Details
Founding Year
1793
Phone
(978) 448-6535Principal Officer
Jason Saghir
Main Address
PO BOX 992, GROTON, MA, 01450
Website
www.lacademy.eduNTEE Category
Code: B250 - Education
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