Lakes International Language Academy Pto
- Assets
- $103.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Lake, MN
- Founding
- 10/2004
- Data as of
- 06/2023
- EIN
- 20-0805977
Organization Overview
Lakes International Language Academy Pto is located in Forest Lake, MN. The organization was established in 2004. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakes International Language Academy Pto 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 06/2023, Lakes International Language Academy Pto generated $91.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $131.9k during the year ending 06/2023. While expenses have increased by 7.4% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE LEARNING ENVIRONMENT THROUGH POSITIVE HOME/SCHOOL RELATIONSHIPS
Describe the Organization's Program Activity:
Part 3
PROVIDES UP TO 200 PER TEACHER IN FUNDING FOR CLASSROOM SUPPLIES, SUPPORTS SPECIAL SCHOOL PURCHASES, AS WELL AS ONGOING MAINTENANCE, TEACHER AND STAFF RECOGNITION.
SPONSORS LANGUAGE AMBASSADORS WHO WORK IN THE CLASSROOMS AS TEACHER'S ASSISTANTS AND OFFER STUDENTS MORE LANGUAGE PRACTICE WITH NATIVE SPEAKERS.
SUPPORTS LILA FOR STUDENT-RELATED EXTRACURRICULAR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neysa Childress President | 3 | $0 | |
Alison Eckert Parent Rep | 1 | $0 | |
Jen Prozinski Treasurer | 3 | $0 | |
Lynsie Finamore Parent Rep | 1 | $0 | |
Abby Brown Secretary | 3 | $0 | |
Victoria Kesler Parent Rep | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,016 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $523 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $85,627 |
| Other Revenue | $919 |
| Total Revenue | $91,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $238 |
| Other expenses | $130,278 |
| Total expenses | $131,891 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,660 |
| Other assets | $0 |
| Total assets | $103,660 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,660 |