Civic Intelligence

Lawrence Academy Trust 582 Nect

990 • Fiscal year 2019 • EIN 04-6080408

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 16, 2020

Organization ProfileN/A
116 Allegheny Center Mall P8yb3502lPittsburgh, PA 15212

(412) 768-5892

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$3,937

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2019 filings • <$500k nonprofits • Source year 2019

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$352,914

Up $35,651 (+11%) from 2018

Net Assets

Up

$352,914

Up $35,651 (+11%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin95th percentile

Revenue

Up

$47,124

Up $21,719 (+85%) from 2018

Expenses

Up

$11,472

Up $1,373 (+14%) from 2018

Net Income

Up

$35,652

Up $20,346 (+133%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2013: $269,107Liabilities 2013: $0Net Assets 2013: $269,1072013Assets 2014: $280,581Liabilities 2014: $0Net Assets 2014: $280,5812014Assets 2015: $290,103Liabilities 2015: $0Net Assets 2015: $290,1032015Assets 2016: $291,846Liabilities 2016: $0Net Assets 2016: $291,8462016Assets 2017: $301,957Liabilities 2017: $0Net Assets 2017: $301,9572017Assets 2018: $317,263Liabilities 2018: $0Net Assets 2018: $317,2632018Assets 2019: $352,914Liabilities 2019: $0Net Assets 2019: $352,9142019Assets 2020: $351,215Liabilities 2020: $0Net Assets 2020: $351,2152020Assets 2021: $369,662Liabilities 2021: $0Net Assets 2021: $369,6622021Assets 2022: $358,356Liabilities 2022: $0Net Assets 2022: $358,3562022Assets 2023: $354,511Liabilities 2023: $0Net Assets 2023: $354,5112023Assets 2024: $360,052Liabilities 2024: $0Net Assets 2024: $360,0522024

Highlighted filing

2019

Assets$352,914
Liabilities$0
Net Assets$352,914
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2013: $26,528Expenses 2013: $7,641Net Income 2013: $18,8872013Revenue 2014: $21,198Expenses 2014: $8,548Net Income 2014: $12,6502014Revenue 2015: $18,326Expenses 2015: $8,807Net Income 2015: $9,5192015Revenue 2016: $9,409Expenses 2016: $7,668Net Income 2016: $1,7412016Revenue 2017: $19,224Expenses 2017: $9,112Net Income 2017: $10,1122017Revenue 2018: $25,405Expenses 2018: $10,099Net Income 2018: $15,3062018Revenue 2019: $47,124Expenses 2019: $11,472Net Income 2019: $35,6522019Revenue 2020: $10,878Expenses 2020: $11,897Net Income 2020: -$1,0192020Revenue 2021: $30,222Expenses 2021: $11,817Net Income 2021: $18,4052021Revenue 2022: $1,779Expenses 2022: $13,236Net Income 2022: -$11,4572022Revenue 2023: $8,034Expenses 2023: $12,187Net Income 2023: -$4,1532023Revenue 2024: $19,298Expenses 2024: $13,638Net Income 2024: $5,6602024

Highlighted filing

2019

Revenue$47,124
Expenses$11,472
Net Income$35,652
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 16, 2020
Return Version
2019v5.0
Gross Receipts
$288,438
Mission and Program Overview

Mission

Provide financial assistance to lawrence academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$315,348$350,705▲ $35,357
Investments in Publicly Traded Securities$300,191$338,829▲ $38,638
Savings and Temporary Cash Investments$17,072$14,085▼ $2,987
Rtn Earn Endowment Incm Other Fnds$1,915$2,209▲ $294
Total Assets$317,263$352,914▲ $35,651
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$317,263$352,914▲ $35,651
Total Liabilities and Net Assets / Fund Balance$317,263$352,914▲ $35,651
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleBaseTotal
-Trustee$3,937$3,937
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$47,124
Other Revenue
$0
Change in Net Assets
$35,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,500
Salaries, Compensation, and Employee Benefits$3,937
Other Expenses$35
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,500--$7,500
Current Officers, Directors, Trustees, and Key Employees-$3,937-$3,937
All Other Expenses$35--$35
Total Functional Expenses$7,535$3,937$0$11,472
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Lawrence Academy at GrotonGroton, MA501(c)(3)Education Purposes$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

“Lawrence academy trust has no written policy regarding documentation of meetings and written actions of its governing body.”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“Lawrence academy trust has no written policy regarding documentation of meetings and written actions of its governing body nor committees with authority to act on its behalf.”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“Pnc bank, n. A. As sole trustee of the trust prepares the tax returns for this trust, thus form 990 is prepared by the governing body.”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

“The confict of interest policy of pnc charitable trust requires an annual affirmation that it has been received, read, understood, and agreed to be complied with. In addition, the policy requires an annual disclosure of the existence and nature of any affiliation in which a party would be considered an interested person under the policy.”

Form 990, Page 6, Part VI, Line 18

“Form 990 and related financial statements are made available through requests and from guidestar.org”

Form 990, Page 6, Part VI, Line 19

“Form 990 and related financial statements are made available through request and from guidestar.org. The governing documents and conflict of interest policy are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lawrence Academy Trust
EIN
04-6080408
Phone
4127685892
Address
116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA 15212

Signing Officer

Name
Pnc Bank N a by
Title
Vice President
Phone
4127685892
Signed
2020-04-16

Organization Details

Principal Officer
Daniel Sargo
Formed
1949
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
1
Employees
0
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

“Rounding adjustment for sales and transactions”

Raw XML Appendix338 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AllOtherExpensesGrp/TotalAmt035
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PNC BANK N A - TRUSTEE
IRS990/BooksInCareOfDetail/PhoneNum04127685892
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0116 ALLEGHENY CENTER MALL
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt03937
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt03937
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt07500
IRS990/CYInvestmentIncomeAmt047124
IRS990/CYOtherExpensesAmt035
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt035652
IRS990/CYSalariesCompEmpBnftPaidAmt03937
IRS990/CYTotalExpensesAmt011472
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0FINANCIAL SUPPORT FOR THE LAWRENCE ACADEMY TRUST IN GROTON, MA
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt07500
IRS990/FamilyOrBusinessRlnInd0false
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt03937
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt038288
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt07500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0279602
IRS990/GrossReceiptsAmt0288438
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt08836
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08836
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0300191
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0338829
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0241314
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0PROVIDE FINANCIAL ASSISTANCE TO LAWRENCE ACADEMY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0317263
IRS990/NetAssetsOrFundBalancesEOYAmt0352914
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt038288
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt038288
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization4947a1NotPFInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0true
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DANIEL SARGO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06132
IRS990/PYInvestmentIncomeAmt025405
IRS990/PYOtherExpensesAmt035
IRS990/PYRevenuesLessExpensesAmt015306
IRS990/PYSalariesCompEmpBnftPaidAmt03932
IRS990/PYTotalExpensesAmt010099
IRS990/PYTotalRevenueAmt025405
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035652
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01915
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02209
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014085
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROVIDED SUPPORT TO LAWRENCE ACADEMY AT GROTON WHO IF NOT FOR OUR SUPPORT, AS AN ORGANIZATION THAT WOULD NORMALLY BE ENGAGED IN THE ACTIVITIES OF AN ACADEMY FOR LEARNING.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE TRUSTEE AND THE SUPPORTED ORGANIZATION MEET TO DISCUSS THE INVESTMENTS IN THE TRUST, THE NEEDS OF THE SUPPORTED ORGANIZATION, AND THE GENERAL WORKINGS OF THE TRUST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE LAWRENCE ACADEMY TRUST MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION BY HAVING MEETINGS TO ABOUT THE INVESTMENTS AND THE GENERAL OPERATIONS OF THE TRUST, DISBURSING FUNDS ONLY TO THE NAMED ORGANIZATION AS DIRECTED BY THE TRUST INSTRUMENT, AND PROVIDING STATEMENTS OF HOLDINGS AND TRANSACTIONS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3PROVIDED SUPPORT TO LAWRENCE ACADEMY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4PROVIDED SUPPORT TO LAWARENCE ACADEMY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5LAWRENCE ACADEMY TRUST PROVIDES GRANTS TO LAWRENCE ACADEMY IN GROTON, MA FOR ITS GENERAL USE AND PURPOSES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION E, LINES 2A, 2B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4LINE 2B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5SECTION E, LINE 2A & 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042105775
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt07500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LAWRENCE ACADEMY AT GROTON
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION PURPOSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE LAWRENCE ACADEMY AT GROTON
IRS990ScheduleI/RecipientTable/RecipientEIN0042105775
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt026 POWDERHOUSE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GROTON
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LARENCE ACADEMY TRUST is a trust fund that disburses funds only to qualifying charitable organizations as directed by the trust's governing instrument to be used only in accordance with the governing instrument.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAWRENCE ACADEMY TRUST HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LAWRENCE ACADEMY TRUST HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY NOR COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PNC BANK, N. A. AS SOLE TRUSTEE OF THE TRUST PREPARES THE TAX RETURNS FOR THIS TRUST, THUS FORM 990 IS PREPARED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFICT OF INTEREST POLICY OF PNC CHARITABLE TRUST REQUIRES AN ANNUAL AFFIRMATION THAT IT HAS BEEN RECEIVED, READ, UNDERSTOOD, AND AGREED TO BE COMPLIED WITH. IN ADDITION, THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF THE EXISTENCE AND NATURE OF ANY AFFILIATION IN WHICH A PARTY WOULD BE CONSIDERED AN INTERESTED PERSON UNDER THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUESTS AND FROM GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUEST AND FROM GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING ADJUSTMENT FOR SALES AND TRANSACTIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE LAWRENCE ACADEMY AT GROTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042105775
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt026 POWDERHOUSE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GROTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001450
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt07500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE LAWRENCE ACADEMY AT GROTON
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0r
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0317263
IRS990/TotalAssetsEOYAmt0352914
IRS990/TotalAssetsGrp/BOYAmt0317263
IRS990/TotalAssetsGrp/EOYAmt0352914
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03937
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07535
IRS990/TotalFunctionalExpensesGrp/TotalAmt011472
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0317263
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352914
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07500
IRS990/TotalReportableCompFromOrgAmt03937
IRS990/TotalRevenueGrp/ExclusionAmt047124
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt047124
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0317263
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0352914
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0116 ALLEGHENY CENTER MALL
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015212
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PNC BANK N A BY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04127685892
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAWRENCE ACADEMY TRUST
ReturnHeader/Filer/BusinessNameControlTxt0LAWR
ReturnHeader/Filer/EIN0046080408
ReturnHeader/Filer/PhoneNum04127685892
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 ALLEGHENY CENTER MALL P8YB3502L
ReturnHeader/Filer/USAddress/CityNm0PITTSBURGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015212
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07858EE9812147E4753BF189040E579DAE9EEF6F8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DDAB17B02E4EC9B2EBC4ADBD1BB9DCBFEBDB5BDE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0161.150.46.69
ReturnHeader/ReturnTs02020-04-20T15:00:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$352,914
Liabilities
$0
Net assets
$352,914
Revenue
$47,124
Expenses
$11,472
Net income
$35,652
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.19$0.14$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.55$0.00$3.55$0.08$0.12$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$0.02$0.13$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$0.30$0.12$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$0.11$0.12$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$0.47$0.11$0.36
2018Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$0.25$0.10$0.15
2017Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$0.19$0.09$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.09$0.08$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$0.18$0.09$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.21$0.09$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.27$0.08$0.19