French Immersion School Of Washington
- Assets
- $13.7m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 75
- Location
- Bellevue, WA
- Founding
- 11/1999
- Data as of
- 06/2023
- EIN
- 31-1657315
Organization Overview
French Immersion School Of Washington is located in Bellevue, WA. The organization was established in 1999. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, French Immersion School Of Washington employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French Immersion School Of Washington 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, French Immersion School Of Washington generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $4.6m during the year ending 06/2023. While expenses have increased by 7.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENT BILINGUAL EDUCATION TO CHILDREN AGED 2.5 TO 11 YEARS OLD. PROVIDE A WELCOMING ENVIRONMENT THAT ENCOURAGES CRITICAL THINKING AND CURIOSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY SCHOOL
PRE-SCHOOL
AFTER SCHOOL CARE AND OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mpitulo Kala-Lufulwabo President | OfficerTrustee | 2 | $0 |
Elizabeth Sholander Vice President | OfficerTrustee | 2 | $0 |
Nicole Francois Secretary | OfficerTrustee | 2 | $0 |
Yigal Elnekave Treasurer | OfficerTrustee | 2 | $0 |
Lee Ajai Director | Trustee | 1 | $0 |
Eric Beaulieu Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,021 |
| Related organizations | $0 |
| Government grants | $544,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $229,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $869,829 |
| Total Program Service Revenue | $4,706,339 |
| Investment income | $48,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,624,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $337,105 |
| Compensation of current officers, directors, key employees. | $337,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,378,792 |
| Pension plan accruals and contributions | $41,389 |
| Other employee benefits | $264,193 |
| Payroll taxes | $214,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,156 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,095 |
| Fees for services: Investment Management | $8,000 |
| Fees for services: Other | $23,129 |
| Advertising and promotion | $0 |
| Office expenses | $134,724 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $242,548 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $416,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $196,913 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,579,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $883,129 |
| Savings and temporary cash investments | $1,242,679 |
| Pledges and grants receivable | $88,740 |
| Accounts receivable, net | $20,236 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,813 |
| Net Land, buildings, and equipment | $11,465,216 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,718,813 |
| Accounts payable and accrued expenses | $378,288 |
| Grants payable | $0 |
| Deferred revenue | $798,511 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,800,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,976,799 |
| Net assets without donor restrictions | $2,657,684 |
| Net assets with donor restrictions | $84,330 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,718,813 |