Great Lakes Academy
Great Lakes Academy reported $11.6 million in revenue and $11.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.99 went to program services, $15.25 to management and general costs and $1.76 to fundraising. Its largest source of revenue was contributions and grants: 91.3% of the total. Government grants made up 83.8%. The highest compensation it reported for one person was $233,346 (EXECUTIVE DIRECTOR). 5 people received more than $100,000 in reportable compensation. Revenue rose 198% 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 $11MFor 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 $12M- Contributions & grants (non-government)$7.51 $871K
- Government grants$83.81 $9.7M
- Program service revenue$7.60 $882K
- Investment income$1.08 $125K
Other revenue was negative: −$143. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 83.8% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $233,346 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.11% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 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 expenseThe school is a public charter school whose mission is to prepare all of our students with the fundamental academic skills, critical thinking ability, and strength of character to excel in high school, college, and a career of their choice. We empower all of our students with the education today that they will need to change the world tomorrow. During the year ended june 30, 2025 Great Lakes Academy, inc. Served 545 students in kindergarten through eighth grade
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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 50.00 hrs/week | $198,928 | $0 | $34,418 | $233,346 |
| PRINCIPAL Highest compensated employee, 50.00 hrs/week | $142,092 | $0 | $26,652 | $168,744 |
| ASSISTANT PRINCIPAL Highest compensated employee, 50.00 hrs/week | $122,636 | $0 | $23,442 | $146,078 |
| MANAGING DIRECTOR OF OPERATIONS Highest compensated employee, 50.00 hrs/week | $110,656 | $0 | $17,114 | $127,770 |
| ASSISTANT PRINCIPAL OF OPERATIONS Highest compensated employee, 50.00 hrs/week | $102,130 | $0 | $11,456 | $113,586 |
5 people received more than $100,000 in reportable compensation from Great Lakes Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $263K (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–1b13 · 13 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 598
- Volunteers Part I, line 6150
Private foundation grants it received
6 private foundations reported grants to Great Lakes Academy totaling $56,634 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Great Lakes Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Great Lakes Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Great Lakes Academy spent in FY2025, $82.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Stone Child CollegeBox Elder, MT · revenue $12M · programs 67.5% · FY2025
- Academy of Accelerated LearningHouston, TX · revenue $12M · programs 44.7% · FY2025
- Midland SchoolNorth Branch, NJ · revenue $12M · programs 84.2% · FY2025
- City Garden Montessori SchoolSaint Louis, MO · revenue $12M · programs 75.3% · FY2025
- The Academies Charter Management OrganizationVisalia, CA · revenue $12M · programs 91.2% · FY2025
Questions people ask
How much of Great Lakes Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Great Lakes Academy reported that 83.0% of its $11.0 million in expenses went to program services, 15.3% to management and general and 1.8% to fundraising (Form 990, Part IX).
How much does Great Lakes Academy pay its top executive?
The largest total compensation Great Lakes Academy reported for one person in the fiscal year ending June 30, 2025 was $233,346, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Great Lakes Academy get its money?
Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 91.3% came from contributions and grants (including 83.8% from government grants) and 7.6% from program service revenue (Form 990, Part VIII).
Is Great Lakes Academy a registered charity?
The IRS lists EIN 46-1862158 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 202601259349303700 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349311318 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349307287 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349316399 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349308167 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349302659 · read the filing
All filings for EIN 46-1862158: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.