Lakes International Language Academy PTO
Nonprofit profile at a glance
- EIN
- 200805977
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- Forest Lake, MN, USA
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $87,644
- Expenses
- $110,346
- Assets
- $95,859
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Brittany Johnson (President)
- Chelsea Keplinger (Vice President)
People named in this filing
- Brittany Johnson (President)
- Chelsea Keplinger (Vice President)
- Elycia Gifford (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance learning environment through positive home/school relationships
What it reported doing in 2024
Provides up to $200 per teacher in funding for classroom supplies, supports special school purchases, as well as, ongoing maintenance, and teacher and staff recognition.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.3%; rating input score 72
- Program expense ratio: 57.5%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -25.9%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 72.3% of revenue deployed · 57.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $63K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Sustainability: Operating margin scored 20/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.