Lakeland-Andover School
- Assets
- $701.9k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 28
- Location
- Newton, NJ
- Founding
- 06/1973
- Data as of
- 06/2022
- EIN
- 22-1969866
Organization Overview
Lakeland-Andover School is located in Newton, NJ. The organization was established in 1973. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Lakeland-Andover School employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeland-Andover School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Lakeland-Andover School generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAKELAND ANDOVER SCHOOL RESPECTS THAT EACH STUDENT IS AN INDIVIDUAL WITH UNIQUE TALENTS AND ABILITIES WHO CAN BENEFIT FROM AND ENJOY A STIMULATING EDUCATIONAL PROGRAM DESIGNED SPECIFICALLY TO MEET HIS OR HER NEEDS. THEREFORE, THE SCHOOL STRIVES TO PROVIDE QUALITY INDIVIDUALIZED EDUCATION PLANS TO STUDENTS IN A CARING, CREATIVE ENVIRONMENT, WHILE FACILITATING THE SOCIAL, EMOTIONAL, PHYSICAL, BEHAVIORAL, AND INTELLECTUAL DEVELOPMENT OF EACH STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION PROGRAM FOR 6TH - 12TH GRADERS WITH EMOTIONAL AND BEHAVIORAL CHALLENGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Defoe Principal | OfficerTrustee | 40 | $173,585 |
Earle Wallo Secretary | OfficerTrustee | 1 | $0 |
Brad Treacy President | OfficerTrustee | 1 | $0 |
Jim Storms Trustee | Trustee | 1 | $0 |
Christa Graback-Wallo Trustee | Trustee | 1 | $0 |
Joe Gallini Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,580 |
| Related organizations | $0 |
| Government grants | $201,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,130 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,016 |
| Total Program Service Revenue | $1,450,902 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,704,918 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,514 |
| Compensation of current officers, directors, key employees. | $53,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $898,911 |
| Pension plan accruals and contributions | $57,219 |
| Other employee benefits | $45,046 |
| Payroll taxes | $83,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $224,531 |
| Advertising and promotion | $785 |
| Office expenses | $41,316 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,494 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,488 |
| Insurance | $11,576 |
| All other expenses | $20,056 |
| Total functional expenses | $1,747,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $395,991 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,528 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,775 |
| Net Land, buildings, and equipment | $14,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $701,861 |
| Accounts payable and accrued expenses | $163,706 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $299,414 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,998 |
| Total liabilities | $467,118 |
| Net assets without donor restrictions | $234,743 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $701,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |