Trustees Of The Lawrence Academy At Groton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,546,482 | 20,873,780 | −327,298 | 22.7 | 34% |
| 2012 | 21,994,911 | 21,672,524 | 322,387 | 21.9 | 31% |
| 2013 | 22,885,647 | 22,469,097 | 416,550 | 22.6 | 33% |
| 2014 | 24,220,070 | 24,676,822 | −456,752 | 21.9 | 32% |
| 2015 | 27,374,614 | 24,700,075 | 2,674,539 | 23.8 | 34% |
| 2016 | 25,472,588 | 25,478,162 | −5,574 | 21.8 | 34% |
| 2017 | 27,018,951 | 26,043,979 | 974,972 | 23.1 | 33% |
| 2018 | 29,567,322 | 26,347,890 | 3,219,432 | 24.6 | 34% |
| 2019 | 29,711,411 | 26,838,743 | 2,872,668 | 25.2 | 33% |
| 2020 | 28,913,202 | 26,564,840 | 2,348,362 | 25.7 | 36% |
| 2021 | 29,706,390 | 27,266,804 | 2,439,586 | 30.7 | 37% |
| 2022 | 43,518,864 | 29,683,473 | 13,835,391 | 26.6 | 39% |
| 2023 | 33,567,822 | 31,683,541 | 1,884,281 | 27.3 | 39% |
| 2024 | 35,797,254 | 32,530,702 | 3,266,552 | 29.6 | 37% |
In its most recent public year (2024), this organization brought in $3,266,552 more than it spent. Its reserves stood at about 29.6 months of spending, up from 22.7 in 2011. Staff pay was 37% of spending. $45,951,083 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Trustees Of The Lawrence Academy At Groton's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works