Lawrence Family Development Charter School and Education Fund

Need: Financial Analysis & Projection
Service: Financial Modeling
Industry: Nonprofit
“The AMS consultants performed a comprehensive financial analysis and provided our Board and Management team with short and long term solutions that had an immediate impact on our operations and gave us a roadmap for adjusting financial imbalances in our staffing structure. Their experiences and abilities to understand the uniqueness of our organization allowed for our goals to be accomplished in a very smooth manner.”
– Ralph Carerro, the Education Fund’s Executive Director


Lawrence Family Development Charter School and Education Fund (LFDCS) needed a five year cash flow and financial projections to develop a better understanding of the financial implications of an increasing expense base, while faced with minimal tuition increases from the Department of Elementary and Secondary Education (DESE). Management needed this analysis performed as part of their facility and enrollment expansions in order to identify financial risks prior to beginning negotiations on an upcoming debt refinancing opportunity.


LFDCS engaged AMS, who provided two seasoned industry-experienced consultants to develop the five year cash flow and financial projections. The AMS consultants, who specialize in charter school finance and operations, developed the analysis and projections to quickly and clearly identify the issues impacting LFDCS’s financial performance. The recommendations made on structural changes immediately improved overall expense management and mitigated the impact of minimal increases to tuition. The financial projections also provided the Board and Management with a better understanding of the school and fund’s longer term operations and outlined strategies that can be implemented to improve performance prior to negotiating a debt refinancing.


The team of AMS consultants developed the five year financial projections which provided the Organization’s Board and Management an initial assessment in identifying ongoing negative financial results. Based on these results, the team developed various recommendations that significantly improved financial performance and provided the Board and Management team a key financial tool to use going forward.