Overview
What is Lakeside School?
Lakeside School, located in Seattle, Washington, is a renowned educational institution dedicated to providing academic excellence, diversity, and global education to students in grades 5-12. With a mission to develop intellectually capable young people into creative minds, healthy bodies, and ethical spirits, Lakeside offers a rigorous, dynamic academic program that encourages students to take responsibility for their learning. The school's commitment to diversity and community is reflected in its halls, where individuals from various backgrounds and experiences instruct one another. Beyond its comprehensive school-year program, Lakeside provides a rich array of summer academic courses, STEM and athletic camps, and the Lakeside Experiential Educational Program (LEEP), which extends opportunities to rising 6th and 9th graders in the Seattle Public Schools. Lakeside's dedicated workforce, consisting of 506 employees, is passionate about nurturing the next generation of global citizens and leaders.
Official website here: www.lakesideschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Lakeside School has demonstrated strong performance in financial accountability and transparency, earning a high rating of 92%. Highlights include a fully independent board, excellent oversight mechanisms, and no material diversions of assets. The organization also meets all criteria for effective governance, including conflict of interest and whistleblower policies.
The financial metrics are impressive, with a program expense ratio of 82.57% indicating that a significant portion of resources is allocated towards its programs. Additionally, Lakeside School shows a remarkable fundraising efficiency, with minimal costs associated with raising funds. The liabilities to assets ratio of 8.68% and a working capital ratio of 7.83 years suggest a stable financial position, indicating good management of resources.
Overall, Lakeside School's four-star rating reflects its commitment to accountability and effective use of funds, making it a reputable organization in the nonprofit sector. However, as with any nonprofit, ongoing monitoring of its financial health and program impact will be important for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakeside School?
90% of 29 reviewers on Facebook recommend Lakeside School. Here is a summary of their reviews:
Many parents express strong satisfaction with the school, often highlighting the positive experiences their children have had. One reviewer noted, "The BEST school!!! My son and I love Lakeside School!" showcasing a personal connection and enthusiasm for the educational environment. The general sentiment indicates that Lakeside School is appreciated for its supportive atmosphere and effective teaching methods.
Overall, the feedback reflects a positive perception of the school, where families feel their children are receiving a high-quality education in a nurturing setting. This strong recommendation rate suggests that Lakeside School meets or exceeds the expectations of its community.
This AI summary has been generated from reviews found on Facebook.
Is Lakeside School legitimate?
Lakeside School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeside School 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: $2,243,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,994,784
For more financial information, click here
Official website here: www.lakesideschool.org
What is the mission statement of Lakeside School?
Lakeside School's mission is geared towards fostering intellectually gifted students in grades 5-12. The institution aspires to cultivate creative minds, healthy bodies, and ethical spirits in its students, preparing them to contribute wisdom, compassion, and leadership to a global society. The academic program at Lakeside is rigorous and dynamic, enabling effective educators to inspire students to take ownership of their learning. The school places great importance on community, with students from diverse cultures and experiences teaching one another its meaning and value. Lakeside School emphasizes the joy and significance of lifelong learning.
Official website here: www.lakesideschool.org
Who is the CEO of Lakeside School?
Kai Bynum is the Head Of School of Lakeside School.
Official website here: www.lakesideschool.org
What is the revenue of Lakeside School?
Lakeside School's revenue in 2023 was $78,894,742.
Official website here: www.lakesideschool.org
Who are the executives of Lakeside School and what are their salaries?
The average compensation at Lakeside School during 2023 was $49,879. There are 506 employees and 200 volunteers at Lakeside School.
Here are 30 key members and their salaries:
- Compensation: $406,217
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- Other: $26,090
- Compensation: $367,092
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- Other: $79,370
- Compensation: $336,405
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- Other: $31,952
- Compensation: $228,376
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- Other: $51,688
- Compensation: $209,345
- Related: $0
- Other: $43,088
- Compensation: $197,686
- Related: $0
- Other: $25,146
- Compensation: $183,053
- Related: $0
- Other: $45,695
- Compensation: $193,000
- Related: $0
- Other: $20,935
- Compensation: $183,174
- Related: $0
- Other: $24,564
- Compensation: $175,245
- Related: $0
- Other: $27,022
- Compensation: $172,092
- Related: $0
- Other: $24,425
- Compensation: $157,098
- Related: $0
- Other: $8,475
- Compensation: $146,918
- Related: $0
- Other: $20,389
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Official website here: www.lakesideschool.org
Where can I find the form 990 for Lakeside School?
Lakeside School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakesideschool.org
Learn more at the official website: www.lakesideschool.org
Mission Statement of Lakeside School
Lakeside School, an institution dedicated to educating students in grades 5-12, is committed to fostering intellectually capable young people with creative minds, healthy bodies, and ethical spirits. The mission of Lakeside School goes beyond mere instruction; it strives to develop students who will contribute wisdom, compassion, and leadership to a global society.
Effective educators at Lakeside lead students to take responsibility for their learning, providing a rigorous, dynamic academic program. The academic environment at Lakeside School values both individual growth and community building. Students from diverse cultures and experiences instruct one another, creating a joyful and important learning experience that lasts a lifetime.
Lakeside School is deeply committed to encouraging intellectual curiosity and ethical growth. By focusing on both the minds and bodies of its students, the school aims to create well-rounded individuals who will make a positive impact on the world. The institution's dedication to creating a vibrant learning community is reflected in its nurturing and inclusive environment, where students are encouraged to engage with one another and explore new ideas. Through effective education, Lakeside School is shaping the next generation of leaders, thinkers, and problem-solvers.
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Impact
October, 2024
Lakeside School profoundly impacts the educational landscape by nurturing academically and socially responsible young individuals in grades 5-12. Through its emphasis on academic excellence, diversity, and global education, the school creates a rich learning environment where students are equipped with the skills necessary for the demands of the 21st century.
The curriculum fosters critical thinking and creativity, encouraging students to take charge of their own learning journeys. This is complemented by a variety of extracurricular offerings, including summer academic courses, STEM initiatives, and athletic camps. These programs not only enhance students' academic experiences but also promote physical health and teamwork.
Furthermore, the Lakeside Experiential Educational Program (LEEP) extends access to education for rising 6th and 9th graders in Seattle public schools, ensuring that a broader demographic benefits from Lakeside's resources and opportunities. This commitment to inclusion, combined with a focus on developing healthy bodies and ethical spirits, empowers students to contribute positively to their communities and the world at large.
Lakeside School is dedicated to fostering a diverse and inclusive environment, where individuals from varying backgrounds learn from one another, ultimately cultivating a sense of community and inspiring lifelong learning. Through its multifaceted approach, Lakeside School significantly contributes to the growth and development of future leaders who embody wisdom, compassion, and ethical responsibility.
This information is meant to be a general summary of Lakeside School. 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 2023.
- Investment Income: $3,263,037
- Program Service Revenue: $40,779,179
- Gross Receipts: $111,500,062
Assets and Liabilities:
- Total Assets: $445,547,196
- Total Liabilities: $38,688,590
- Net Assets: $406,858,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$38,806,432
AUXILIARY SERVICES
Revenue
$1,972,747
Organization Details
Founding Year
1923
Phone
(206) 368-3610Principal Officer
Kai Bynum
Main Address
14050 1ST AVE NE, SEATTLE, WA, 98125
Website
www.lakesideschool.orgNTEE Category
Code: B200 - Education
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