Lakes International Language Academy
Lakes International Language Academy shows strong program spending and revenue growth, but consistently reports liabilities exceeding assets.
EIN: 200393839 · Forest Lake, MN · NTEE: B29 · Updated: 2026-03-28
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
Lakes International Language Academy is mapped to EIN 200393839.
IRS exempt status needs review
Open IRS TEOS before relying on deductibility.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
13 stored filing years available.
Candid / GuideStar profile linked
Verify programs, leadership, seals, and profile completeness.
State charity registration linked
Check MN charity registration or solicitation rules where applicable.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
95% program spend, health grade A
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Revenue | $19.2M |
| Total Expenses | $17.7M |
| Program Spending | 95% |
| Net Assets | $-2,118,012 |
| Transparency Score | 85/100 |
Search Intent Cockpit
Lakes International Language Academy Form 990, Revenue, CEO Pay, and IRS Filing Signals
Lakes International Language Academy is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lakes International Language Academy in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $18.4M and expenses of $17.7M.
Revenue and Expenses
Lakes International Language Academy reported $18.4M in revenue and $17.7M in expenses, a surplus of $698K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Lakes International Language Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $16.8M (95%) |
Across stored filings, Lakes International Language Academy shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with North American Lake Management Society →All Minnesota nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Forest Lake, MN nonprofitsEducation in Minnesota
Education in Minnesota
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in Minnesota
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Farmington Youth Basketball Association
Farmington, MN · $308K revenue · Score 92/100
Compare side-by-sideAndover Huskies Youth Hockey Association
Andover, MN · $26.7M revenue · Score 90/100
Compare side-by-sideAgate Housing And Services Inc
Minneapolis, MN · $18.6M revenue · Score 90/100
Compare side-by-sideNorth American Lake Management Society
Caledonia, MN · $676K revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Lakes International Language Academy with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Lakes International Language Academy directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakes International Language Academy
Lakes International Language Academy (EIN: 200393839) is a nonprofit organization based in Forest Lake, MN, classified under NTEE code B29. The organization reported total revenue of $19.2M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes International Language Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakes International Language Academy is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.4M |
| Total Expenses | $17.7M |
| Surplus / Deficit | +$698K |
| Total Assets | $12.7M |
| Total Liabilities | $14.8M |
| Net Assets | $-2,118,012 |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 116.6% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Lakes International Language Academy reported a surplus of $698K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 116.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lakes International Language Academy's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +0.9% | -1.4% |
| 2022 | +11.6% | +9.5% | +5.8% |
| 2021 | +3.6% | +13.1% | -4.8% |
| 2020 | +20.9% | +16.4% | -1.2% |
| 2019 | +9.6% | +11.3% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakes International Language Academy with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Lakes International Language Academy allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $698K, with revenue exceeding expenses.
- Debt-to-asset ratio: 116.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership either serves without direct compensation from the organization or their compensation is categorized differently, which is a positive indicator for resource allocation directly to mission-related activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lakes International Language Academy's IRS 990 filings:
- Consistent negative net assets (liabilities exceeding assets) across multiple years, e.g., $14,844,103 liabilities vs. $12,726,091 assets in 202306.
- Unclear executive compensation structure given 0% reported officer compensation for an organization with nearly $20M in revenue.
Strengths
The following positive indicators were identified for Lakes International Language Academy:
- Strong and consistent revenue growth, increasing from $6.1M in 2014 to $19.1M currently.
- High proportion of spending dedicated to program services, with expenses closely tracking revenue.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- No reported officer compensation, suggesting resources are directed away from executive salaries.
Frequently Asked Questions about Lakes International Language Academy
Is Lakes International Language Academy a legitimate charity?
Lakes International Language Academy (EIN: 200393839) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lakes International Language Academy spend its money?
Lakes International Language Academy directs 95% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.
Are donations to Lakes International Language Academy tax-deductible?
Lakes International Language Academy is registered as a tax-exempt nonprofit (EIN: 200393839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lakes International Language Academy's spending goes to programs?
Lakes International Language Academy directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakes International Language Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lakes International Language Academy is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lakes International Language Academy located?
Lakes International Language Academy is headquartered in Forest Lake, Minnesota and files with the IRS under EIN 200393839. It is classified under NTEE code B29.
How many years of IRS 990 filings does Lakes International Language Academy have?
Lakes International Language Academy has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.2M in total revenue.
Is Lakes International Language Academy financially stable despite liabilities exceeding assets?
While liabilities consistently exceed assets, the organization's strong and consistent revenue growth (from $6.1M in 2014 to $19.1M currently) and efficient spending (expenses closely track revenue) suggest operational stability and an ability to manage its obligations.
How does Lakes International Language Academy fund its operations without officer compensation?
The 0% officer compensation reported indicates that either executive roles are volunteer-based, or compensation for key management is not classified under 'officer compensation' in the 990 filings, which is unusual for an organization of this size and warrants further inquiry into their operational structure.
What is the trend in the organization's net assets?
Net assets (Assets - Liabilities) have been consistently negative, for example, -$2,118,012 in 202306. This trend has persisted over several years, indicating a long-term reliance on debt or other obligations to finance operations and assets.
Filing History
IRS 990 filing history for Lakes International Language Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakes International Language Academy's revenue has grown by 276.3%, moving from $4.9M to $18.4M. Total assets increased by 391.1% over the same period, from $2.6M to $12.7M. Total functional expenses rose by 270.9%, from $4.8M to $17.7M. In its most recent filing year (2023), Lakes International Language Academy reported a surplus of $698K, with revenue exceeding expenses. The organization holds $14.8M in liabilities against $12.7M in assets (debt-to-asset ratio: 116.6%), resulting in net assets of $-2,118,012.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.4M | $17.7M | $12.7M | $14.8M | — | View 990 |
| 2022 | $17.6M | $17.5M | $12.9M | $15.9M | — | View 990 |
| 2021 | $15.7M | $16.0M | $12.2M | $15.2M | — | — |
| 2020 | $15.2M | $14.1M | $12.8M | $14.9M | — | View 990 |
| 2019 | $12.6M | $12.1M | $13.0M | $15.1M | — | View 990 |
| 2018 | $11.5M | $10.9M | $13.5M | $17.6M | — | View 990 |
| 2017 | $10.3M | $9.8M | $13.6M | $15.8M | — | View 990 |
| 2016 | $8.7M | $8.6M | $3.9M | $4.7M | — | View 990 |
| 2015 | $7.0M | $7.0M | $3.8M | $4.6M | — | View 990 |
| 2014 | $6.1M | $6.4M | $2.6M | $130K | — | View 990 |
| 2013 | $5.7M | $5.5M | $2.9M | $181K | — | View 990 |
| 2012 | $5.3M | $5.0M | $2.8M | $164K | — | View 990 |
| 2011 | $4.9M | $4.8M | $2.6M | $205K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.4M, expenses of $17.7M, and assets of $12.7M (revenue +4.4% year-over-year).
- 2022: Revenue of $17.6M, expenses of $17.5M, and assets of $12.9M (revenue +11.6% year-over-year).
- 2021: Revenue of $15.7M, expenses of $16.0M, and assets of $12.2M (revenue +3.6% year-over-year).
- 2020: Revenue of $15.2M, expenses of $14.1M, and assets of $12.8M (revenue +20.9% year-over-year).
- 2019: Revenue of $12.6M, expenses of $12.1M, and assets of $13.0M (revenue +9.6% year-over-year).
- 2018: Revenue of $11.5M, expenses of $10.9M, and assets of $13.5M (revenue +11.3% year-over-year).
- 2017: Revenue of $10.3M, expenses of $9.8M, and assets of $13.6M (revenue +18.7% year-over-year).
- 2016: Revenue of $8.7M, expenses of $8.6M, and assets of $3.9M (revenue +23.9% year-over-year).
- 2015: Revenue of $7.0M, expenses of $7.0M, and assets of $3.8M (revenue +14.9% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.4M, and assets of $2.6M (revenue +6.6% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.5M, and assets of $2.9M (revenue +9.0% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.0M, and assets of $2.8M (revenue +7.7% year-over-year).
- 2011: Revenue of $4.9M, expenses of $4.8M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakes International Language Academy:
Data Sources and Methodology
This transparency report for Lakes International Language Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.