Lake Forest Elementary Charter School
Lake Forest Elementary Charter School reported $10.2 million in revenue and $10.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.73 went to program services, $30.27 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 94.5% of the total. Government grants made up 92.6%. The highest compensation it reported for one person was $313,175 (FOUNDING CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 33% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 30.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $313,175 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.08% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLake Forest Elementary Charter School's primary program service is the education of students in kindergarten through eighth grade. Enrollment for 2024-2025 was 693. The school's focal point is high student achievement, by offering a program that includes research-based curriculum and data driven instruction. With consistent, instructional monitoring and management, the program inspires the students to love and respect learning at a high level. While providing a nurturing environment, the school is able to facilitate maximum student achievement through a rigorous, accelerated academic program…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FOUNDING CEO Officer, 50.00 hrs/week | $243,866 | $0 | $69,309 | $313,175 |
| EXECUTIVE DIRECTOR SCHOOL Highest compensated employee, 50.00 hrs/week | $132,375 | $0 | $41,724 | $174,099 |
| DIRECTOR OF FINANCE AND OP Highest compensated employee, 50.00 hrs/week | $119,617 | $0 | $39,105 | $158,722 |
3 people received more than $100,000 in reportable compensation from Lake Forest Elementary Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $322K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5119
- Volunteers Part I, line 6400
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| GENUINE FOOD LAB LLC Food services | $332,281 |
| INNER PARISH SECURITY CORPORATION Private security services | $150,318 |
| EDUCATIONAL DIAGNOSTIC SERVICES Education evaluations | $146,896 |
| EVERYTHING ADMIN LLC Administrative support | $140,275 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Lake Forest Elementary Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lake Forest Elementary Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lake Forest Elementary Charter School spent in FY2025, $69.73 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Windber Research InstituteWindber, PA · revenue $10M · programs 75.6% · FY2025
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- Ohio Digital Learning SchoolMaumee, OH · revenue $10M · programs 84.1% · FY2025
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- Alliance Community SchoolsDayton, OH · revenue $10M · programs 86.0% · FY2025
Questions people ask
How much of Lake Forest Elementary Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Lake Forest Elementary Charter School reported that 69.7% of its $10.2 million in expenses went to program services, 30.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lake Forest Elementary Charter School pay its top executive?
The largest total compensation Lake Forest Elementary Charter School reported for one person in the fiscal year ending June 30, 2025 was $313,175, for the role of FOUNDING CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lake Forest Elementary Charter School get its money?
Of $10.2 million in revenue in the fiscal year ending June 30, 2025, 94.5% came from contributions and grants (including 92.6% from government grants) and 2.9% from program service revenue (Form 990, Part VIII).
Is Lake Forest Elementary Charter School a registered charity?
The IRS lists EIN 20-4731962 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611219349300831 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202522039349301737 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349313034 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349314095 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231269349302148 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110709349301501 · read the filing
All filings for EIN 20-4731962: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.