Lalumiere School Inc is located in Laporte, IN. The organization was established in 1965. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2024, Lalumiere School Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lalumiere School Inc 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 06/2024, Lalumiere School Inc generated $9.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $6.8m during the year ending 06/2024. While expenses have increased by 3.4% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A PRIVATE CO-EDUCATIONAL SCHOOL FOR GRADES 9 - 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EXISTS FOR ONLY ONE PURPOSE AND THAT IS TO OPERATE A PRIVATE CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL FOR GRADES 9 TO 12.
THE ORGANIZATION EXISTS FOR ONLY ONE PURPOSE AND THAT IS TO OPERATE A PRIVATE CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL FOR GRADES 9 TO 12.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Webster Headmaster | Officer | 50 | $285,492 |
Bernard Akatu Trustee | Trustee | $0 | |
Margaret Caplice Trustee | Trustee | $0 | |
Bridget Van Eekeren Trustee | Trustee | $0 | |
John Rose Jr Trustee | Trustee | $0 | |
Ryugo Kato Trustee | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,982,792 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,982,792 |
Total Program Service Revenue | $3,819,494 |
Investment income | $387,645 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,667 |
Net Income from Fundraising Events | $201,736 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $26,805 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,429,139 |
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. | $285,492 |
Compensation of current officers, directors, key employees. | $285,492 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,613,940 |
Pension plan accruals and contributions | $117,130 |
Other employee benefits | $575,590 |
Payroll taxes | $207,610 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,923 |
Fees for services: Accounting | $32,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,207 |
Fees for services: Other | $30,226 |
Advertising and promotion | $51,589 |
Office expenses | $33,521 |
Information technology | $80,011 |
Royalties | $0 |
Occupancy | $466,377 |
Travel | $4,135 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,044 |
Interest | $58,918 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $555,464 |
Insurance | $119,481 |
All other expenses | $350,271 |
Total functional expenses | $6,821,150 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,325,483 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,000 |
Accounts receivable, net | $22,687 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $23,965 |
Prepaid expenses and deferred charges | $62,632 |
Net Land, buildings, and equipment | $8,620,741 |
Investments—publicly traded securities | $2,869,260 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,926,768 |
Accounts payable and accrued expenses | $251,547 |
Grants payable | $0 |
Deferred revenue | $931,671 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $844,645 |
Total liabilities | $2,027,863 |
Net assets without donor restrictions | $9,385,575 |
Net assets with donor restrictions | $3,513,330 |
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 | $14,926,768 |