Lowell School
- Assets
- $7.0m
- Revenue
- $14.6m
- Investments
- $0.0
- Employees
- 124
- Location
- Whitestone, NY
- Founding
- 03/1995
- Data as of
- 06/2024
- EIN
- 11-3120337
Organization Overview
Lowell School is located in Whitestone, NY. The organization was established in 1995. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2024, Lowell School employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lowell 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 06/2024, Lowell School generated $14.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $14.6m during the year ending 06/2024. While expenses have increased by 4.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN INCLUSIVE COMMUNITY OF LIFE-LONG LEARNERS IN WHICH EACH INDIVIDUAL IS VALUED AND RESPECTED. OUR CHARGE, THEN, IS TO STRENGTHEN MINDS, ENSURE EQUITY, AND HONOR INDIVIDUALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE EDUCATIONAL PROGRAMS FOR THE LEARNING DISABLED AND/OR EMOTIONALLY HANDICAPPED, SPEECH AND LANGUAGE IMPAIRED AND OTHER HEALTH IMPAIRED STUDENTS FROM 5 TO 21 YEARS OF AGE. THERE ARE APPROXIMATELY 250 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanne Proujansky Exec. Director | OfficerTrustee | 35 | $341,429 |
Irene Coulianidis-Psilakis Principal | 35 | $209,649 | |
Lisa Fields Curriculum Reading | 35 | $168,366 | |
Shaneza Mohamed CFO | Officer | 35 | $168,587 |
Elizabeth Simona Principal | 35 | $171,991 | |
Salvatore Gambina Teacher | 35 | $156,159 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $362,080 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,080 |
| Total Program Service Revenue | $14,278,619 |
| Investment income | $2,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,607 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,616,636 |
| 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. | $357,825 |
| Compensation of current officers, directors, key employees. | $357,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,372,715 |
| Pension plan accruals and contributions | $158,809 |
| Other employee benefits | $781,699 |
| Payroll taxes | $749,750 |
| 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 | $0 |
| Advertising and promotion | $3,957 |
| Office expenses | $12,109 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,737,818 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $89,060 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $200,493 |
| Insurance | $104,328 |
| All other expenses | $221,276 |
| Total functional expenses | $14,605,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $709,733 |
| Savings and temporary cash investments | $174,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,030,461 |
| 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 | $18,854 |
| Net Land, buildings, and equipment | $522,325 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,582,237 |
| Total assets | $7,037,696 |
| Accounts payable and accrued expenses | $651,677 |
| Grants payable | $0 |
| Deferred revenue | $47,480 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,978,927 |
| Total liabilities | $6,678,084 |
| Net assets without donor restrictions | $335,531 |
| Net assets with donor restrictions | $24,081 |
| 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 | $7,037,696 |