LEADERSHIP PUBLIC SCHOOLS INC
Mission Statement
At LPS San Jose, we believe 100% of our students can and will go to college and we are committed to providing the academic atmosphere and strong community that will support them on that journey. It is a very exciting year at LPS including new classes, college visits, community building work, higher expectations, and stronger athletics. We believe these are key changes towards ensuring all of our students are college and career ready. In addition to these new programs and opportunities, this year we have chosen new values that help represent our college going culture and what makes LPS San Jose special. The new pillars are: Community: I support and am supported by this learning community Grit: I can and will succeed, no obstacle is too great Innovation: My success requires creativity and risk taking Achievement: Through my effort and commitment, I will achieve my goals Finally, at LPS San Jose, we believe partnership with families is key to ensuring 100% of our students are prepared for college. Please know that you can call, email, or visit at any time – your voice and opinion are essential to student success.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.6% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.3% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.8 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
72.3% | 34.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.9% | 87.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
5.7% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.0% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
18.1% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $28.7M | $23.5M | $23.1M | 83.6% | 266 |
| 2022 | $27.2M | $25.3M | $17.9M | 84.9% | 271 |
| 2021 | $30.1M | $24.0M | N/A | — | 269 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.