Overview
What is Lakes International Language Academy?
Lakes International Language Academy is a K-12 public school located in Forest Lake, Minnesota. Established eighteen years ago, the academy has expanded from a K-6 institution to accommodate grades 7-12. The school operates at three distinct sites: Kinder Center for pre-K and K students, Lower School for grades 1-5, and Upper School for grades 6-12. With a student body of 1,253 in June 2022, LILA has successfully earned authorization as an International Baccalaureate (IB) World School for all grades. The academy offers Mandarin Chinese and Spanish immersion tracks up to grade 5, while Upper School focuses on language acquisition for new learners and provides continuation for immersion students. LILA graduates receive a bilingual seal on their diplomas and boast graduation rates surpassing 95%. The mission of Lakes International Language Academy is to foster tomorrow's global citizens and critical thinkers by combining second-language acquisition with an inquiry-driven learning approach. The academy aims to deliver a premium education with a global perspective and strengthens community connections.
Official website here: www.mylila.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lakes International Language Academy has received a solid Three-Star rating from Charity Navigator, reflecting an 81% score in accountability and finance. This rating indicates that the organization demonstrates good practices in these areas, which is crucial for ensuring transparency and effective use of donated resources.
The nonprofit showcases strong governance, with a majority of its board members being independent and a well-structured audit and oversight committee in place. It also has robust policies regarding conflicts of interest and whistleblower protection, which are essential for maintaining integrity and trust within the organization. Additionally, a high program expense ratio of 90.74% suggests that most of its expenditures directly support its mission.
However, while the accountability scores are impressive, further insight into the organization's overall program effectiveness and impact would provide a more comprehensive understanding of its performance. Nonetheless, the strong financial metrics and governance practices are positive indicators for stakeholders and contributors.
This AI summary has been generated from information found on Charity Navigator.
Is Lakes International Language Academy legitimate?
Lakes International Language Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes International Language Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $487,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,075,483
For more financial information, click here
Official website here: www.mylila.org
What is the mission statement of Lakes International Language Academy?
The Lakes International Language Academy is dedicated to fostering critical thinkers and global citizens by integrating language acquisition and inquiry-based learning. Their educational approach delivers a superior education with a global perspective, merging language learning with a proven inquiry-based curriculum that boosts individual achievement and bridges community connections. This K-12 public school, which has been operating for 18 years, embraces students from three different sites. It caters to a diverse student body of 1,253 in June 2022. Authorized by the International Baccalaureate Organization, LILA offers immersion programs in Mandarin Chinese and Spanish up to grade 5, with an emphasis on language acquisition for all students in Upper School. Graduates of this esteemed institution often earn the state's bilingual seal on their diplomas, and the school boasts graduation rates exceeding 95%.
Official website here: www.mylila.org
Who is the CEO of Lakes International Language Academy?
Julie Lundgren is the Board Member of Lakes International Language Academy.
Official website here: www.mylila.org
What is the revenue of Lakes International Language Academy?
Lakes International Language Academy's revenue in 2022 was $17,574,627.
Official website here: www.mylila.org
Who are the executives of Lakes International Language Academy and what are their salaries?
The average compensation at Lakes International Language Academy during 2022 was $27,401. There are 349 employees and 200 volunteers at Lakes International Language Academy.
Here are 11 key members and their salaries:
- Compensation: $143,107
- Related: $0
- Other: $3,221
- Compensation: $96,093
- Related: $0
- Other: $3,113
- Compensation: $59,586
- Related: $0
- Other: $3,113
- Compensation: $57,223
- Related: $0
- Other: $4,051
- Compensation: $55,309
- Related: $0
- Other: $3,113
- Compensation: $52,716
- Related: $0
- Other: $3,113
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mylila.org
Where can I find the form 990 for Lakes International Language Academy?
Lakes International Language Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mylila.org
Learn more at the official website: www.mylila.org
Mission Statement of Lakes International Language Academy
Lakes International Language Academy, a K-12 public institution, is dedicated to fostering tomorrow's critical thinkers and global citizens through the process of language acquisition and inquiry-driven studies. This esteemed educational establishment has been in operation for 18 years and caters to students at three distinct sites: Kinder Center for pre-K and K, Lower School for grades 1-5, and Upper School for grades 6-12. With a student body totaling 1,253 in June 2022, LILA has earned recognition as an International Baccalaureate (IB) World School for all grades after undergoing a rigorous three-year candidacy process for each level: the Primary Years Programme for pre-K to 5th grade, Middle Years Programme for 6th to 10th grade, and Diploma Programme for 11th to 12th grade. LILA's commitment to delivering a high-caliber education from a global perspective enables students to enhance their individual achievement and build community connections. The school offers Mandarin Chinese immersion and Spanish immersion tracks up to the 5th grade, with an upper school curriculum focusing on language acquisition, catering to both new learners and students who have completed the lower school immersion program or transferred from another immersion school. LILA graduates proudly display the state's bilingual seal on their diplomas, and the school boasts graduation rates exceeding 95%.
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Impact
October, 2024
Lakes International Language Academy (LILA) significantly impacts its students and the broader community by equipping future generations with critical thinking skills and a global perspective through language acquisition and inquiry-driven learning. Serving K-12 students at three sites—pre-K and K at the Kinder Center, grades 1-5 at the Lower School, and grades 6-12 at the Upper School—LILA has seen consistent growth, with a student enrollment of 1,253 in June 2022.
Authorized as an International Baccalaureate (IB) World School, LILA offers an enriched curriculum aligned with rigorous international standards across all grades. The school has successfully implemented the IB framework through the Primary Years Programme, Middle Years Programme, and Diploma Programme. This structured education fosters not only academic excellence but also a profound understanding of cultural diversity and global citizenship.
LILA's language immersion programs in Mandarin Chinese and Spanish from pre-K through grade 5 enhance students' language skills early on, preparing them for upper-level courses focused on new learners and immersion participants. Graduates of LILA are well-prepared for their future endeavors, often earning the state's bilingual seal on their diplomas and achieving graduation rates above 95%.
By promoting inquiry-driven studies alongside second-language acquisition, Lakes International Language Academy builds strong community connections and cultivates students who are not only proficient in multiple languages but also equipped to navigate and contribute positively to an increasingly interconnected world.
This information is meant to be a general summary of Lakes International Language Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,069
- Program Service Revenue: $11,783,330
- Gross Receipts: $17,574,627
Assets and Liabilities:
- Total Assets: $12,900,821
- Total Liabilities: $15,883,878
- Net Assets: -$2,983,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal and State Sources
Revenue
$9,939,934
Fees from Patrons
Revenue
$1,341,901
Tuition Revenue
Revenue
$448,750
Admission/Activity Revenue
Revenue
$52,745
Organization Details
Founding Year
2003
Phone
(651) 464-0771Principal Officer
Julie Lundgren
Main Address
246 11th Ave SE, Forest Lake, MN, 55025
Website
www.mylila.orgNTEE Category
Code: B29 - Education
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