Lawschool Admissions Council Inc
- Assets
- $258.9m
- Revenue
- $78.2m
- Investments
- $125.1m
- Employees
- 437
- Location
- Newtown, PA
- Founding
- 12/1979
- Data as of
- 06/2020
- EIN
- 13-2998164
Organization Overview
Lawschool Admissions Council Inc is located in Newtown, PA. The organization was established in 1979. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Lawschool Admissions Council Inc employed 437 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawschool Admissions Council Inc 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 06/2020, Lawschool Admissions Council Inc generated $78.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $114.5m during the year ending 06/2020. While expenses have increased by 11.0% per year over the past 6 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.
Since 2015, Lawschool Admissions Council Inc has awarded 124 individual grants totaling $7,057,247. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY ENCOURAGING DIVERSE, TALENTED INDIVIDUALS TO STUDY LAW AND BY SUPPORTING THEIR ENROLLMENT AND LEARNING JOURNEYS FROM PRELAW THROUGH PRACTICE. LSAC PROVIDES PRODUCTS AND SERVICES THAT SUPPORT CANDIDATES AND SCHOOLS THROUGHOUT THE LAW SCHOOL ADMISSION PROCESS, AND INNOVATIVE SOLUTIONS TO EXPAND AND DIVERSIFY THE RANGE OF PRELAW STUDENTS, ENHANCE STUDENT OUTCOMES IN LAW SCHOOL, AND SUPPORT LEGAL PROFESSIONALS THROUGHOUT THEIR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTERED 169,663 LAW SCHOOL ADMISSION TESTS (LSAT). PROVIDED THE LAW SCHOOL CREDENTIAL ASSEMBLY SERVICE (CAS) FOR 65,901 CANDIDATES. PREPARED AND SENT 481,584 REPORTS TO LAW SCHOOLS ON BEHALF OF CANDIDATES, CONDUCTED EDUCATIONAL RESEARCH FOR THE LEGAL COMMUNITY.
HELD 4 NATIONAL LAW SCHOOL FORUMS TO ACQUAIT STUDENTS WITH THEIR LEGAL EDUCATION ALTERNATIVES. HELD VARIOUS TRAINING AND EDUCATION PROGRAMS FOR MEMBER LAW SCHOOL ADMISSION PROFESSIONALS.
CONDUCTED PROGRAM AND RESEARCH IN ADVANCEMENT OF UNDERREPRESENTED INDIVIDUALS IN LEGAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellye Y Testy President And CEO | Officer | 37.5 | $844,577 |
Annmarie Levins Chief Strategy Officer | 37.5 | $414,066 | |
Marjorie Larue Britt Outgoing Chief Financial Officer | Officer | 37.5 | $386,132 |
Troy Lowry Sr. V.P. Of Technology Products And Chief Informat | 37.5 | $382,305 | |
Leanne M Shank General Counsel And Corpor | 37.5 | $369,481 | |
Vivian Bowden Senior Vice President Of S | 37.5 | $367,803 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capgemini America Inc Consulting | 6/29/21 | $5,093,063 |
Uexams Test Administraion | 6/29/21 | $4,731,749 |
Proctoru Inc Test Administraion | 6/29/21 | $3,634,520 |
Npc Logistics And Warehousing Services | 6/29/21 | $2,278,904 |
Acs Learning Inc Consulting | 6/29/21 | $1,308,943 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $473,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,443 |
| Net Gain/Loss on Asset Sales | $4,451,920 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,663,957 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,237,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $37,962 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,326,356 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,713,775 |
| Pension plan accruals and contributions | $4,367,757 |
| Other employee benefits | $8,428,948 |
| Payroll taxes | $2,596,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $868,360 |
| Fees for services: Accounting | $49,964 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $434,582 |
| Fees for services: Other | $12,071,754 |
| Advertising and promotion | $231,827 |
| Office expenses | $7,224,062 |
| Information technology | $4,330,378 |
| Royalties | $0 |
| Occupancy | $645,052 |
| Travel | $3,539,978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $389,267 |
| Interest | $587,316 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,172,512 |
| Insurance | $416,811 |
| All other expenses | $0 |
| Total functional expenses | $114,547,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,133,469 |
| Savings and temporary cash investments | $17,852,596 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,417,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $145,837 |
| Prepaid expenses and deferred charges | $2,438,478 |
| Investments—publicly traded securities | $68,325,267 |
| Investments—other securities | $125,120,158 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,066,283 |
| Total assets | $258,854,616 |
| Accounts payable and accrued expenses | $11,628,792 |
| Grants payable | $0 |
| Deferred revenue | $12,520,698 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $150,000 |
| Secured mortgages and notes payable | $16,237,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,781,881 |
| Total liabilities | $57,319,210 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $201,535,406 |
Grants Awarded
Over the last fiscal year, Lawschool Admissions Council Inc has awarded $864,602 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: DIVERSITY FUND | $108,837 |
Akron, OH PURPOSE: DIVERSITY FUND | $108,058 |
Jamaica, NY PURPOSE: DIVERSITY FUND | $102,026 |
UNIVERSITY OF OREGON PURPOSE: DIVERSITY FUND | $96,847 |
Tuscaloosa, AL PURPOSE: DIVERSITY FUND | $96,000 |
San Juan, PR PURPOSE: DIVERSITY FUND | $90,334 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lawschool Admissions Council Inc has recieved totaling $365.
| Awarding Organization | Amount |
|---|---|
Forman S Acton Educational Foundation Salem, NJ PURPOSE: THIS GRANT IS AWARDED TO A PUBLIC CHARITY TO LAW SCHOOL ADMISSIONS | $365 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Board New York, NY | $1,954,390,358 | $983,201,971 |
International Baccalaureate Organization Bethesda, MD | $408,650,974 | $204,831,587 |
Tntp Inc New York, NY | $74,584,093 | $144,637,728 |
The Ojc Fund Brooklyn, NY | $23,560,613 | $136,800,085 |
Lawschool Admissions Council Inc Newtown, PA | $258,854,616 | $78,237,863 |
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Summit Academy Management Akron, OH | $25,217,091 | $45,520,259 |
Ohio Connections Academy Inc Mason, OH | $14,548,496 | $44,580,487 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |