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Trustees of the Lawrence Academy at Groton

 PO Box 992, 26 Powderhouse Road
 Groton, MA 01450
[P] (978) 448-1577
[F] (978) 448-1564
www.lacademy.edu
[email protected]
Hellie Swartwood
Facebook
INCORPORATED: 1941
 Printable Profile (Summary / Full)
EIN 04-2105775

LAST UPDATED: 02/12/2015
Organization DBA Lawrence Academy
Former Names Lawrence Academy at Groton Trustees (1994)
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

Lawrence Academy recognizes you for who you are and inspires you to take responsibility for who you want to become.
 
By calling on the school
To champion excellence in academics and in the arts, athletics, and residential life; To offer innovative programs which personalize learning; To provide students with discerning mentors who support self-discovery and risk-taking;
 
By calling on each other
To consider a plurality of perspectives patiently and with curiosity; To engage in respectful dialogue and advance the independent thinking and success of others; To take action for the common good;
 
By calling on yourself
To develop your voice and use it creatively, constructively, and with confidence; To reflect upon, understand, and learn from failure as well as success; To cultivate a personal stake in lifelong learning and make honorable, informed choices; you will learn with others to think for yourself.

Mission Statement

Lawrence Academy recognizes you for who you are and inspires you to take responsibility for who you want to become.
 
By calling on the school
To champion excellence in academics and in the arts, athletics, and residential life; To offer innovative programs which personalize learning; To provide students with discerning mentors who support self-discovery and risk-taking;
 
By calling on each other
To consider a plurality of perspectives patiently and with curiosity; To engage in respectful dialogue and advance the independent thinking and success of others; To take action for the common good;
 
By calling on yourself
To develop your voice and use it creatively, constructively, and with confidence; To reflect upon, understand, and learn from failure as well as success; To cultivate a personal stake in lifelong learning and make honorable, informed choices; you will learn with others to think for yourself.

FinancialsMORE »

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $18,572,255.00
Projected Expense $18,569,360.00

ProgramsMORE »

  • Archives - The Broadsides
  • Mindfulness Study

Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Lawrence Academy recognizes you for who you are and inspires you to take responsibility for who you want to become.
 
By calling on the school
To champion excellence in academics and in the arts, athletics, and residential life; To offer innovative programs which personalize learning; To provide students with discerning mentors who support self-discovery and risk-taking;
 
By calling on each other
To consider a plurality of perspectives patiently and with curiosity; To engage in respectful dialogue and advance the independent thinking and success of others; To take action for the common good;
 
By calling on yourself
To develop your voice and use it creatively, constructively, and with confidence; To reflect upon, understand, and learn from failure as well as success; To cultivate a personal stake in lifelong learning and make honorable, informed choices; you will learn with others to think for yourself.

Background Statement

Founded in 1793, Lawrence Academy is a coeducational boarding and day college-preparatory school enrolling 400 students in grades 9 through 12. The student population is divided equally between boarders and day students. The day population draws from Eastern Massachusetts and neighboring New Hampshire towns. Fourteen percent of the student population is international, representing 15 different countries, while the remaining boarding students come from 10 different states. On average, 100 seniors graduate each year, with approximately 100% matriculating at a four-year college. Independent and non-denominational, the school is accredited by the New England Association of Schools and Colleges, and admits students without regard to race, religion, color, or national origin. The school's endowment is $21,000,000 with a financial aid budget of $3,800,000. Twenty eight percent of the student body receives financial aid.

Impact Statement

2011-2012: Completing the New England Association of Schools and Colleges (NEASC) Assessment; ensuring that our school was compliant with the Independent School League (ISL) guidelines; completing our Head Search; meeting budgeted annual fund numbers
 
2012-2013: New Head of School introduction to all constituents; completing a strategic development plan; $1,380,000 annual fund budget goal which is a 13% increase over last year; endowment fund reaching all time high of $21,000,000
 
2014-2015: Our new Master plan was approved by the Board of Trustees during the spring of 2014. The Board has approved the first three projects of the Master plan. The first project, a new Turf field, is currently under construction. We have completed construction and funding for a Media Conference Center on our campus which opened officially in January 2015. Our Schools’ Endowment is currently at $26,600,000. With a financial aid budget of $4,712,000. Our annual fund goal this year is $1,700,000 which is a 12% increase over last year.

Needs Statement

Increase amount of on-campus faculty housing units to provide for greater opportunities for adult-student connections; create a student center; establish a 24/7 health center; digitize all archival documents, both student files and historical documents for preservation of history; restore historic paintings and Dr. Green Broadsides.
 
We have begun the first year of a three year school wide study on mindfulness in conjunction with the University of California and the US Department of Education. We are completing a review of several of our academic programs and curriculum and in the final stage of a three year New England Association of Schools and Colleges study. Currently we are working to secure funding for two Master plan priority projects approved by the Board of Trustees. The first is the renovation of Lawrence House, a girl’s on campus dormitory. This renovation will increase the amount of boarding students on campus and increase on campus Faculty housing. The second project is the renovation and reconfiguration of the Lawrence Academy entry way which will begin in the summer of 2015.
 
 

CEO Statement

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Board Chair Statement

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Geographic Area Served

GREATER BOSTON REGION, MA
STATEWIDE
NATIONAL
INTERNATIONAL

Groton, MA 01450 as well as all of the 50 states and countries abroad

Organization Categories

  1. Education - Secondary & High Schools
  2. -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development

Programs

Archives - The Broadsides

Dr. Samuel Abbot Green Collection - continue funding to conserve the "Broadsides" as entrusted to Lawrence Academy by the Massachusetts Historical Society. Broadsides contain original documents such as announcements, invitations, pamphlets, stationary, posters, etc. depicting every day life and events in the town of Groton, MA from 1850-1915.  
Budget  $80,000.00
Category  Arts, Culture & Humanities, General/Other Cultural Heritage
Population Served US Families
Program Short-Term Success 
Presentations have been made to the Board of Trustees of Lawrence Academy and local entities within the town of Groton
Program Long-Term Success 
Preservation of historical documents of a small New England town which will be available for the various historical societies to view and work for any research.
Program Success Monitored By 
Richard A. Jeffers of the Jeffers Heritage Center at Lawrence Academy
Examples of Program Success 
Broadside items can now be viewed on the Lawrence Academy website.

Mindfulness Study

In the fall of 2014, Lawrence Academy entered the initial stages of collaboration with the University of California Santa Barbara in a multi-year research project on mindfulness, which is a mental state achieved by focusing awareness on the present moment. This study will be achieved by studying attention, wellness, mood, and performance in the setting of the high school community. The study will be the first in the country in which both students and teachers will be introduced to mindfulness practices concurrently.
Budget  $741,886.00
Category  Mental Health, Substance Abuse Programs, General/other Mental Health Treatment
Population Served Adolescents Only (13-19 years)
Program Short-Term Success  The collaboration with the University of California Santa Barbara has begun at Lawrence academy and through that partnership we have received funding from the US Department of Education.
Program Long-Term Success  This proposed intervention will enhance student learning by reducing mind-wandering, we anticipate that our mindfulness program may positively influence many aspects of student learning beyond those assessed in this investigation (e.g., enhanced student-teacher relationships, reduced classroom disruptions). The prospect of such additional benefits suggests that this research will set the stage for future intervention projects involving even more comprehensive evaluations in order to document the full scope of the benefits of this potentially revolutionary approach for improving educational practices in schools.
Program Success Monitored By  R. Daniel Scheibe Head of School and Dawa Phillips of the University of California Santa Barbara, Department of Psychology
Examples of Program Success  The most meaningful and enduring impact of mindfulness training may derive from school-wide interventions that give teachers a foundation in mindfulness so they can bring it into their classrooms on a daily basis. The program at Lawrence Academy  will therefore refine a school-wide teacher-training program and a school-wide daily mindfulness practice.

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Mr. Dan Scheibe
CEO Term Start July 2012
CEO Email [email protected]
CEO Experience --
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 106
Number of Part Time Staff 18
Number of Volunteers 100
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 115
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 9
Other (if specified): --
Gender Female: 62
Male: 62
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers --
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures No
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy --
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Bruce MacNeil
Board Chair Company Affiliation Retired
Board Chair Term July 2011 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Ms. Lucy Crocker Abisalih Community Volunteer Voting
Mr. Jay Ackerman ServiceSource Voting
Mr. Kevin A. Anderson EverFi Inc. Voting
Mr. Ronald M. Ansin Office of Ronald M. Ansin Voting
Mr. Timothy M. Armstrong AOL LLC Voting
Ms. Deborah Barnes Community Volunteer Voting
Mr. Rob Barsamian OVP Management Voting
Ms. Barbara Anderson Brammer Neustra Comunidad Development Corporation Voting
Ms. Jennifer Shapiro Chisholm Community Volunteer Voting
Mr. Geoffrey P. Clear Retired Voting
Mr. Patrick C. Cunningham Goldman Sachs International Voting
Ms. Judy N. Cyr Bank of America Merrill Lynch Voting
Mr. Christopher Davey Sapient Corporation Voting
Mr. Greg Foster Stevenson School Voting
Ms. Catherine Frissora Community Volunteer Voting
Mr. Brad Hobbs BizBrand Foundry Voting
Ms. Nancy Lotane Bain Capital Voting
Mr. Bruce MacNeil Retired Voting
Ms. Audrey A. McNiff Retired Voting
Mr. Peter C. Myette P.C. Myette, Inc. Voting
Mr. Michael Salm Putnam Investments Voting
Mr. David Santeusanio Holland & Knight LLP Voting
Mr. Gordon W. Sewall Ware Consultancy Voting
Mr. David Stone Sterilite Corporation Voting
Mr. Rick Tyson US Trust, Bank of America Private Wealth Management Voting
Ms. Ruth R. White Raytheon Company Voting
Mr. Benjamin D. Williams III Retired Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 24
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 9
Male: 17
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria No
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation Yes

Standing Committees

  • Building
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Housing and Community Development
  • Investment
  • Membership
  • Personnel

CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $18,572,255.00
Projected Expense $18,569,360.00
Form 990s

2013 Form 990

2012 From 990

2011 Form 990

2010 Form 990

Audit Documents

2014 Audit Final Report

2013 Audit Final Report

2012 Audit Final Report

2011 Audit Final Report

2010 Audit Final Report

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2013 2012 2011
Total Revenue $22,885,647 $21,994,911 $20,546,482
Total Expenses $22,469,097 $21,672,524 $20,873,780

Prior Three Years Revenue Sources

Fiscal Year 2013 2012 2011
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $2,232,873 $2,484,783 $1,732,298
Indirect Public Support -- -- --
Earned Revenue $20,015,003 $18,978,919 $17,833,749
Investment Income, Net of Losses $505,740 $474,673 $822,361
Membership Dues -- -- --
Special Events $111,233 $56,536 $158,074
Revenue In-Kind -- -- --
Other $20,798 -- --

Prior Three Years Expense Allocations

Fiscal Year 2013 2012 2011
Program Expense $18,872,548 $18,256,635 $17,256,422
Administration Expense $2,451,229 $2,267,899 $2,325,997
Fundraising Expense $1,145,320 $1,147,990 $1,291,361
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.02 1.01 0.98
Program Expense/Total Expenses 84% 84% 83%
Fundraising Expense/Contributed Revenue 49% 45% 68%

Prior Three Years Assets and Liabilities

Fiscal Year 2013 2012 2011
Total Assets $63,516,946 $65,294,804 $60,146,423
Current Assets $9,329,960 $13,752,740 $8,894,837
Long-Term Liabilities $8,155,676 $12,893,320 $8,625,000
Current Liabilities $13,059,419 $12,768,748 $12,066,889
Total Net Assets $42,301,851 $39,632,736 $39,454,534

Prior Three Years Top Three Funding Sources

Fiscal Year 2013 2012 2011
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $21,020,981.00
Spending Policy Percentage
Percentage(If selected) 4.0%
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? Anticipated In 3 Years
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2013 2012 2011
Current Ratio: Current Assets/Current Liabilities 0.71 1.08 0.74

Long Term Solvency

Fiscal Year 2013 2012 2011
Long-term Liabilities/Total Assets 13% 20% 14%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990s.  Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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