Lawschool Admissions Council Inc
Law School Admissions Council Inc. consistently reports 0% officer compensation while experiencing recent operating deficits.
EIN: 132998164 · Newtown, PA · NTEE: B900 · Updated: 2026-03-28
Is Lawschool Admissions Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawschool Admissions Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawschool Admissions Council Inc
Lawschool Admissions Council Inc (EIN: 132998164) is a nonprofit organization based in Newtown, PA, classified under NTEE code B900. The organization reported total revenue of $112.3M and total assets of $290.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawschool Admissions Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lawschool Admissions Council Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lawschool Admissions Council Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size ($112M latest revenue, $290M assets) and suggests that executive compensation may be reported under different categories or that the organization's leadership is compensated through other means not reflected in the 'Officer Comp' line item on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lawschool Admissions Council Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202306, 202206)
- Unusually low (0%) reported officer compensation for an organization of this size, raising questions about transparency of executive pay
- Significant fluctuation in revenue year-over-year (e.g., $131M in 202106 down to $97M in 202306)
Strengths
The following positive indicators were identified for Lawschool Admissions Council Inc:
- Substantial asset base ($290,409,559) providing financial stability
- History of significant revenue generation, peaking at $131M in 202106
- Long filing history (13 filings) indicating consistent compliance with IRS reporting
Frequently Asked Questions about Lawschool Admissions Council Inc
Is Lawschool Admissions Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawschool Admissions Council Inc (EIN: 132998164) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Lawschool Admissions Council Inc spend its money?
Lawschool Admissions Council Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lawschool Admissions Council Inc tax-deductible?
Lawschool Admissions Council Inc is registered as a tax-exempt nonprofit (EIN: 132998164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does LSAC cover its operating deficits in recent years?
LSAC has experienced several years where expenses exceeded revenue, such as in 202306 ($114M expenses vs. $97M revenue) and 202206 ($100M expenses vs. $91M revenue). This suggests they are either drawing from their substantial asset base ($290M latest assets) or have other unreported income streams to cover these shortfalls.
What is the actual executive compensation for LSAC leadership?
The IRS 990 filings consistently report 0% for 'Officer Comp' across all periods. For an organization with over $100 million in revenue and significant assets, this is highly unusual and suggests that executive compensation is either not paid, paid by a related entity, or reported under different expense categories within the 990, such as 'Salaries and wages' for key employees rather than 'officers'.
Is LSAC financially sustainable given recent revenue shortfalls?
While LSAC has experienced revenue shortfalls in recent periods, its substantial asset base ($290,409,559) provides a significant buffer. However, a sustained trend of expenses exceeding revenue could eventually impact its long-term financial health if not addressed through increased revenue or cost efficiencies.
Filing History
IRS 990 filing history for Lawschool Admissions Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lawschool Admissions Council Inc's revenue has grown by 31.2%, moving from $74.4M to $97.6M. Total assets increased by 34.3% over the same period, from $205.9M to $276.6M. Total functional expenses rose by 95.7%, from $58.3M to $114.1M. In its most recent filing year (2023), Lawschool Admissions Council Inc reported a deficit of $16.5M, with expenses exceeding revenue. The organization holds $38.3M in liabilities against $276.6M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $238.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $97.6M | $114.1M | $276.6M | $38.3M | — | View 990 |
| 2022 | $91.6M | $100.6M | $279.2M | $34.0M | — | View 990 |
| 2021 | $131.2M | $91.9M | $309.5M | $39.0M | — | View 990 |
| 2020 | $78.2M | $114.5M | $258.9M | $57.3M | — | View 990 |
| 2019 | $89.4M | $91.5M | $298.2M | $57.3M | — | View 990 |
| 2018 | $74.3M | $72.8M | $275.9M | $32.2M | — | View 990 |
| 2017 | $68.5M | $63.8M | $257.3M | $29.1M | — | View 990 |
| 2016 | $62.3M | $61.2M | $233.3M | $28.2M | — | View 990 |
| 2015 | $59.7M | $59.6M | $238.2M | $25.4M | — | View 990 |
| 2014 | $57.5M | $60.5M | $244.4M | $29.8M | — | View 990 |
| 2013 | $70.8M | $60.1M | $214.2M | $22.3M | — | View 990 |
| 2012 | $59.6M | $62.7M | $200.6M | $22.6M | — | View 990 |
| 2011 | $74.4M | $58.3M | $205.9M | $18.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97.6M, expenses of $114.1M, and assets of $276.6M (revenue +6.5% year-over-year).
- 2022: Revenue of $91.6M, expenses of $100.6M, and assets of $279.2M (revenue -30.2% year-over-year).
- 2021: Revenue of $131.2M, expenses of $91.9M, and assets of $309.5M (revenue +67.8% year-over-year).
- 2020: Revenue of $78.2M, expenses of $114.5M, and assets of $258.9M (revenue -12.5% year-over-year).
- 2019: Revenue of $89.4M, expenses of $91.5M, and assets of $298.2M (revenue +20.3% year-over-year).
- 2018: Revenue of $74.3M, expenses of $72.8M, and assets of $275.9M (revenue +8.4% year-over-year).
- 2017: Revenue of $68.5M, expenses of $63.8M, and assets of $257.3M (revenue +9.9% year-over-year).
- 2016: Revenue of $62.3M, expenses of $61.2M, and assets of $233.3M (revenue +4.5% year-over-year).
- 2015: Revenue of $59.7M, expenses of $59.6M, and assets of $238.2M (revenue +3.7% year-over-year).
- 2014: Revenue of $57.5M, expenses of $60.5M, and assets of $244.4M (revenue -18.7% year-over-year).
- 2013: Revenue of $70.8M, expenses of $60.1M, and assets of $214.2M (revenue +18.7% year-over-year).
- 2012: Revenue of $59.6M, expenses of $62.7M, and assets of $200.6M (revenue -19.9% year-over-year).
- 2011: Revenue of $74.4M, expenses of $58.3M, and assets of $205.9M.
Data Sources and Methodology
This transparency report for Lawschool Admissions Council Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.